OPENING OF BANKRUPTCY

PROMIVAN

Financial year 2019 · closed on 31/07/2019
Net result
-3,8 M €
-8749.0% YoY
Gross margin
62,9 k €
-70.1% YoY
Equity
-2,4 M €
-277.4% YoY

Company — Opening of bankruptcy.

What does PROMIVAN do?

PROMIVAN is a Public limited company incorporated in 1978. Its registered office is in Antwerpen.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0418.609.141
Incorporation
27/07/1978
Legal form
Public limited company
Registered office
Filip Williotstraat 9
2600 Antwerpen · FlandreSee on map
Latest accounts
31/07/2019
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2019201820172016201520142013201220112010200920082007
Income statement
Gross margin62,9 k €210,3 k €594,3 k €50 k €12 k €-213,7 k €-363,8 k €46,9 k €147,6 k €91,5 k €166,7 k €166,1 k €150,1 k €
EBITDA-14,7 k €181,4 k €575,6 k €-4,9 k €-7,3 k €-266,1 k €-383 k €-126,2 k €120,8 k €62,4 k €140 k €142,1 k €129,7 k €
Operating result-344,2 k €84,7 k €487,2 k €-99,1 k €-133,7 k €-390,7 k €-496,3 k €-289,9 k €-15,3 k €-51,3 k €37,2 k €18,2 k €-63,1 k €
Net result-3,8 M €44,1 k €350,6 k €-109,1 k €-206,7 k €-7,3 k €1,2 M €-389,7 k €-107,8 k €-123,7 k €-114,8 k €-23,1 k €103,9 k €
Balance sheet
Equity-2,4 M €1,4 M €1,3 M €972,4 k €1,1 M €1,3 M €1,3 M €99,2 k €488,9 k €596,6 k €720,4 k €835,3 k €858,4 k €
Total assets1,7 M €5,8 M €5,6 M €5,6 M €5,9 M €6,1 M €4,2 M €4,9 M €4,2 M €3,6 M €4,6 M €4,8 M €5 M €
Cash234,3 €4,2 k €7,3 k €402,9 k €80 k €78,4 k €680 k €25,8 k €6,3 k €36,1 k €13,6 k €1,5 €
Debts3,9 M €4,2 M €4,1 M €4,5 M €4,5 M €4,5 M €2,6 M €4,5 M €3,3 M €2,6 M €3,4 M €3,5 M €3,6 M €
Governance

Board of directors

Seen on filing of 31/07/2019 · 3 active · 10 ended

Active mandates

Frieda Verstraete

Director · since 21 décembre 2018 · until 13 février 2020

Active
Michaël Van Moffaert

Director · since 21 décembre 2018 · until 19 décembre 2024

Active
Wielingen

Managing director · since 21 décembre 2018 · until 13 février 2020 · 0425.642.532

Represented by Michael Van Moffaert

Active

Ended mandates

Frieda Verstraete

Director · since 21 décembre 2018 · until 19 décembre 2024

Ended
Wielingen

Managing director · since 21 décembre 2018 · until 19 décembre 2024 · 0425.642.532

Represented by Michael Van Moffaert

Ended
Frieda Verstraete

Director · since 21 décembre 2012 · until 21 décembre 2018

Ended
Michaël Van Moffaert

Managing director · since 21 décembre 2012 · until 21 décembre 2018

Ended
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Annual accounts

Full financial information

201920182017201620152014
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/08/201801/08/201701/08/201601/08/201501/08/201401/08/2013
Closing of the financial year31/07/201931/07/201831/07/201731/07/201631/07/201531/07/2014
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/03/202006/02/201919/01/201820/02/201718/02/201604/02/2015
General meeting28/02/202017/01/201921/12/201719/01/201714/01/201619/01/2015
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/07/201928/02/202023/03/2020DutchPDF
Abridged model31/07/201817/01/201906/02/2019DutchPDF
Abridged model31/07/201721/12/201719/01/2018DutchPDF
Abridged model31/07/201619/01/201720/02/2017DutchPDF
Abridged model31/07/201514/01/201618/02/2016DutchPDF
Abridged model31/07/201419/01/201504/02/2015DutchPDF
Abridged model31/07/201319/12/201310/02/2014DutchPDF
Abridged model31/07/201228/12/201202/04/2013DutchPDF
Abridged model31/07/201115/12/201129/02/2012DutchPDF
Abridged model31/07/201016/12/201022/02/2011DutchPDF
Abridged model31/07/200928/12/200916/02/2010DutchPDF
Abridged model31/07/200818/12/200827/02/2009DutchPDF
Abridged model31/07/200720/12/200727/02/2008DutchPDF
Abridged model31/07/200621/12/200601/02/2007DutchPDF
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 31/07/2019 · 3 active · 10 ended

Active mandates

Frieda Verstraete

Director · since 21 décembre 2018 · until 13 février 2020

Active
Michaël Van Moffaert

Director · since 21 décembre 2018 · until 19 décembre 2024

Active
Wielingen

Managing director · since 21 décembre 2018 · until 13 février 2020 · 0425.642.532

Represented by Michael Van Moffaert

Active

Ended mandates

Frieda Verstraete

Director · since 21 décembre 2018 · until 19 décembre 2024

Ended
Wielingen

Managing director · since 21 décembre 2018 · until 19 décembre 2024 · 0425.642.532

Represented by Michael Van Moffaert

Ended
Frieda Verstraete

Director · since 21 décembre 2012 · until 21 décembre 2018

Ended
Michaël Van Moffaert

Managing director · since 21 décembre 2012 · until 21 décembre 2018

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other03/03/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office16/12/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates22/02/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office22/01/2013
    MAATSCHAPPELIJKE ZETEL - DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates28/11/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/05/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/09/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/11/2007
    ONTSLAGEN - BENOEMINGEN
    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

Timeline

  1. 2019
    Annual accounts 2019-3,8 M €
  2. 2018
    Annual accounts 201844,1 k €
  3. 2017
    Annual accounts 2017350,6 k €
  4. 2016
    Annual accounts 2016-109,1 k €
  5. 2015
    Annual accounts 2015-206,7 k €
  6. 2014
    Annual accounts 2014-7,3 k €
  7. 2013
    Annual accounts 20131,2 M €
  8. 2012
    Annual accounts 2012-389,7 k €
  9. 2011
    Annual accounts 2011-107,8 k €
  10. 2010
    Annual accounts 2010-123,7 k €
  11. 2009
    Annual accounts 2009-114,8 k €
  12. 2008
    Annual accounts 2008-23,1 k €
  13. 2007
    Annual accounts 2007103,9 k €
  14. 27/07/1978
    IncorporationPublic limited company