OPENING OF BANKRUPTCY

SERVIC

Financial year 2012 · closed on 31/12/2012
Net result
-23,2 k €
+54.3% YoY
Gross margin
44 k €
+268.4% YoY
Equity
25,5 k €
-47.6% YoY
Workforce
1,0 ETP
0.0% YoY

Company — Opening of bankruptcy.

What does SERVIC do?

SERVIC is a Private company with limited liability incorporated in 1979. Its main activity is: Retail sale of electrical household appliances in specialised stores. Its registered office is in Antwerpen. It employs on average 1,0 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0420.038.803
Incorporation
17/12/1979
Legal form
Private company with limited liability
Registered office
Kasteelpleinstraat 35
2000 Antwerpen · FlandreSee on map
Latest accounts
31/12/2012
Average workforce
1,0 ETP
Joint committees (1)
  • 111
Signals
Good liquidityHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2012201120102009200820072006
Income statement
Gross margin44 k €11,9 k €65,8 k €57,7 k €117,9 k €134 k €70,4 k €
EBITDA-17,3 k €-49,4 k €-2,2 k €30,4 €20,2 k €25,5 k €-34,9 k €
Operating result-18 k €-50 k €-3,2 k €-6,1 k €14,1 k €20,7 k €-39,4 k €
Net result-23,2 k €-50,8 k €348,2 €789 €18,8 k €9,6 k €-62,4 k €
Balance sheet
Equity25,5 k €48,7 k €99,5 k €99,1 k €98,3 k €79,5 k €69,9 k €
Total assets116 k €122,7 k €176,5 k €206,9 k €277,8 k €288 k €216,7 k €
Cash36,2 k €27,3 k €22,6 k €24,3 k €37,2 k €21 k €73 k €
Debts90,4 k €74 k €77,1 k €107,8 k €179,4 k €206,5 k €145 k €
Other
Workforce1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,8 ETP2,0 ETP2,0 ETP
Governance

Board of directors

Seen on filing of 31/12/2012 · 2 active · 4 ended

Active mandates

MICHEL VERHELLEN

Managing director

Active
OLIVIER VERHELLEN

Director

Active

Ended mandates

HILLAIRE VERHELLEN

Director · since 10 juin 2004 · until 09 juin 2010

Ended
MICHEL VERHELLEN

Managing director · since 10 juin 2004 · until 09 juin 2010

Ended
OLIVIER VERHELLEN

Director · since 10 juin 2004 · until 09 juin 2010

Ended
HILAIRE VERHELLEN

Director

Ended
At this address

Other companies at this address

CompanyCBE no.
AZ INVESTActive
0419.940.516
0445.489.722
Annual accounts

Full financial information

201220112010200920082007
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/201201/01/201101/01/201001/01/200901/01/200801/01/2007
Closing of the financial year31/12/201231/12/201131/12/201031/12/200931/12/200831/12/2007
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date17/09/201331/08/201213/09/201130/09/201031/08/200930/06/2008
General meeting11/06/201312/06/201214/06/201108/06/201009/06/200911/06/2008
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/201211/06/201317/09/2013DutchPDF
Abridged model31/12/201112/06/201231/08/2012DutchPDF
Abridged model31/12/201014/06/201113/09/2011DutchPDF
Abridged model31/12/200908/06/201030/09/2010DutchPDF
Abridged model31/12/200809/06/200931/08/2009DutchPDF
Abridged model31/12/200711/06/200830/06/2008DutchPDF
Abridged model31/12/200613/06/200723/08/2007DutchPDF
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 31/12/2012 · 2 active · 4 ended

Active mandates

MICHEL VERHELLEN

Managing director

Active
OLIVIER VERHELLEN

Director

Active

Ended mandates

HILLAIRE VERHELLEN

Director · since 10 juin 2004 · until 09 juin 2010

Ended
MICHEL VERHELLEN

Managing director · since 10 juin 2004 · until 09 juin 2010

Ended
OLIVIER VERHELLEN

Director · since 10 juin 2004 · until 09 juin 2010

Ended
HILAIRE VERHELLEN

Director

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2012
    Annual accounts 2012-23,2 k €
  2. 2011
    Annual accounts 2011-50,8 k €
  3. 2010
    Annual accounts 2010348,2 €
  4. 2009
    Annual accounts 2009789 €
  5. 2008
    Annual accounts 200818,8 k €
  6. 2007
    Annual accounts 20079,6 k €
  7. 2006
    Annual accounts 2006-62,4 k €
  8. 17/12/1979
    IncorporationPrivate company with limited liability