OPENING OF BANKRUPTCY

M & M SITTY

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Financial year 2018 · closed on 31/03/2018

Net result

12,4 k €

-86.4% YoY

Revenue

18,5 M €

+25.5% YoY

Equity

1,8 M €

+44.0% YoY

Workforce

52,6 ETP

-22.3% YoY

Company — Opening of bankruptcy.

What does M & M SITTY do?

M & M SITTY is a Public limited company incorporated in 1977. Its main activity is: Construction of buildings. Its registered office is in Charleroi. It employs on average 52,6 ETP workers (FTE).

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0417.305.975

Incorporation

08/03/1977

Legal form

Public limited company

Registered office

Rue de Beaumont 150-152
6030 Charleroi · WallonieSee on map

Latest accounts

31/03/2018

Average workforce

52,6 ETP

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 45211Maintenance and repair of motor vehicles

Joint committees (3)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 10 financial years

	2018		2017		2016		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	18,5 M €	+25.5%	14,7 M €	-31.0%	21,3 M €	-10.3%	23,8 M €	+4.1%	22,9 M €	+24.5%	18,4 M €	+1.4%	18,1 M €	+69.2%	10,7 M €	-33.6%	16,1 M €	-1.1%	16,3 M €
EBITDA	181,7 k €	+143%	-426,8 k €	+20.4%	-536,3 k €	-248%	362,7 k €	+10.7%	327,8 k €	-16.4%	392 k €	-50.1%	786,2 k €	+3.2%	761,8 k €	+193%	260,1 k €	-12.7%	298,1 k €
Operating result	48,2 k €	-55.6%	108,6 k €	+109%	-1,2 M €	-680%	209,7 k €	+8.7%	192,8 k €	+23.7%	155,9 k €	-38.5%	253,5 k €	+21.7%	208,3 k €	+64.3%	126,8 k €	+221%	-104,6 k €
Net result	12,4 k €	-86.4%	91,1 k €	+107%	-1,3 M €	-2760%	49,1 k €	-53.9%	106,5 k €	+36.9%	77,8 k €	-61.8%	203,8 k €	+39.1%	146,5 k €	+5.9%	138,4 k €	+42.1%	97,4 k €
Balance sheet
Equity	1,8 M €	+44.0%	1,2 M €	+6.6%	1,2 M €	-53.1%	2,5 M €	-1.7%	2,5 M €	+0.6%	2,5 M €	+12.9%	2,2 M €	+3.3%	2,1 M €	+0.7%	2,1 M €	+0.3%	2,1 M €
Total assets	12,7 M €	+19.4%	10,6 M €	+24.0%	8,5 M €	-35.2%	13,2 M €	+2.1%	12,9 M €	+60.3%	8,1 M €	-2.1%	8,2 M €	+19.2%	6,9 M €	+0.3%	6,9 M €	-6.8%	7,4 M €
Cash	30,7 k €	-58.3%	73,6 k €	+34.1%	54,9 k €	-67.4%	168,3 k €	-79.1%	804,7 k €	+836%	86 k €	-93.1%	1,2 M €	-33.9%	1,9 M €	-44.5%	3,4 M €	+95.3%	1,7 M €
Debts	10,7 M €	+15.8%	9,3 M €	+26.2%	7,3 M €	-31.2%	10,7 M €	+3.1%	10,4 M €	+88.2%	5,5 M €	-7.6%	6 M €	+26.9%	4,7 M €	+0.2%	4,7 M €	-9.7%	5,2 M €
Other
Workforce	52,6 ETP	-22.3%	67,7 ETP	-16.9%	81,5 ETP	-11.6%	92,2 ETP	+8.7%	84,8 ETP	-1.1%	85,7 ETP	+1.8%	84,2 ETP	+16.8%	72,1 ETP	-0.4%	72,4 ETP	-8.7%	79,3 ETP

Governance

Board of directors

Seen on filing of 31/03/2018 · 2 active · 17 ended

Active mandates

ECOMA SA

Director · since 10 mars 2016 · until 09 septembre 2022 · 0821.178.442

Represented by PASCAL JACQUES

Active

Fabienne DE LAMINE DE BEX

Director · since 10 mars 2016 · until 09 septembre 2022

Active

Ended mandates

IMMONYP SA

Director · since 02 juin 2016 · until 09 septembre 2022 · 0435.621.852

Represented by PASCAL JACQUES

Ended

ECOMA SA

Managing director · since 10 mars 2016 · until 09 septembre 2022 · 0821.178.442

Represented by Pascal Jacques

Ended

Fabienne de Laminne de Bex

Director · since 10 mars 2016 · until 09 septembre 2022

Ended

EDUARD JERUSALEM

Director · since 19 novembre 2012 · until 12 mai 2017

Ended

At this address

Other companies at this address

Company	CBE no.
EFFIBAT● Bankrupt	0446.054.993
Maisons Prestige● Active	0804.702.991

Annual accounts

Full financial information

	2018	2017	2016	2014	2013	2012
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/04/2017	01/04/2016	01/01/2015	01/01/2014	01/01/2013	01/01/2012
Closing of the financial year	31/03/2018	31/03/2017	31/03/2016	31/12/2014	31/12/2013	31/12/2012
Length of the financial year	12 months	12 months	15 months	12 months	12 months	12 months
Filing date	11/10/2018	22/09/2017	30/09/2016	01/06/2015	19/05/2014	03/06/2013
General meeting	25/09/2018	08/09/2017	30/09/2016	08/05/2015	08/05/2014	13/05/2013
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

12 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/03/2018	25/09/2018	11/10/2018	French	PDF
Full model	31/03/2017	08/09/2017	22/09/2017	French	PDF
Full model	31/03/2016	30/09/2016	30/09/2016	French	PDF
Full model	31/12/2014	08/05/2015	01/06/2015	French	PDF
Full model	31/12/2013	08/05/2014	19/05/2014	French	PDF
Full model	31/12/2012	13/05/2013	03/06/2013	French	PDF
Full model	31/12/2011	15/05/2012	24/05/2012	French	PDF
Full model	31/12/2010	10/05/2011	13/05/2011	French	PDF
Full model	31/12/2009	14/05/2010	18/05/2010	French	PDF
Full model	31/12/2008	08/05/2009	11/05/2009	French	PDF
Full model	31/12/2007	09/05/2008	20/05/2008	French	PDF
Full model	31/12/2006	11/05/2007	25/05/2007	French	PDF

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/03/2018 · 2 active · 17 ended

Active mandates

ECOMA SA

Director · since 10 mars 2016 · until 09 septembre 2022 · 0821.178.442

Represented by PASCAL JACQUES

Active

Fabienne DE LAMINE DE BEX

Director · since 10 mars 2016 · until 09 septembre 2022

Active

Ended mandates

IMMONYP SA

Director · since 02 juin 2016 · until 09 septembre 2022 · 0435.621.852

Represented by PASCAL JACQUES

Ended

ECOMA SA

Managing director · since 10 mars 2016 · until 09 septembre 2022 · 0821.178.442

Represented by Pascal Jacques

Ended

Fabienne de Laminne de Bex

Director · since 10 mars 2016 · until 09 septembre 2022

Ended

EDUARD JERUSALEM

Director · since 19 novembre 2012 · until 12 mai 2017

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/07/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates19/09/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates07/05/2019
DEMISSIONS, NOMINATIONS
PDF
Other03/05/2019
ANNEE COMPTABLE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Restructuring03/12/2018
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring09/10/2018
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates17/05/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates03/05/2018
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2018
Annual accounts 201812,4 k €↓
2017
Annual accounts 201791,1 k €↑
2016
Annual accounts 2016-1,3 M €↓
2014
Annual accounts 201449,1 k €↓
2013
Annual accounts 2013106,5 k €↑
2012
Annual accounts 201277,8 k €↓
2011
Annual accounts 2011203,8 k €↑
2010
Annual accounts 2010146,5 k €↑
2009
Annual accounts 2009138,4 k €↑
2008
Annual accounts 200897,4 k €
08/03/1977
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

M & M SITTY

Overview

What does M & M SITTY do?

Trend over 10 financial years

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline