OPENING OF BANKRUPTCY

VECARI

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Financial year 2012 · closed on 31/12/2012
Net result
138,5 k €
-49.8% YoY
Revenue
11,6 M €
+27.5% YoY
Equity
978 k €
-2.6% YoY
Workforce
132,8 ETP
+25.9% YoY

Company — Opening of bankruptcy.

What does VECARI do?

VECARI is a Public limited company incorporated in 1980. Its main activity is: Electrical installation. Its registered office is in Zonnebeke. It employs on average 132,8 ETP workers (FTE).

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0420.348.015
Incorporation
10/03/1980
Legal form
Public limited company
Registered office
Kasteelstraat 13
8980 Zonnebeke · FlandreSee on map
Latest accounts
31/12/2012
Average workforce
132,8 ETP
Activities (NACE)
43211Electrical installation· main43211Electrical installation45310Wholesale trade of motor vehicle parts and accessories42110Construction of roads and motorways42110Construction of roads and motorways42220Construction of utility projects for electricity and telecommunications+12
Joint committees (4)
  • 124
  • 149
  • 14901
  • 218
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2012201120102009200920082007
Income statement
Revenue11,6 M €9,1 M €5,6 M €––––
EBITDA1,3 M €1,4 M €510,8 k €726,8 k €560,3 k €157,5 k €575 k €
Operating result279,3 k €507,9 k €328,5 k €568,7 k €364,9 k €-2,4 k €426,3 k €
Net result138,5 k €275,9 k €196,1 k €361,2 k €232,1 k €-34,8 k €222 k €
Balance sheet
Equity978 k €1 M €821,5 k €709,2 k €356,9 k €270,5 k €305,4 k €
Total assets5,8 M €5 M €2,2 M €2 M €1,6 M €1,2 M €1,1 M €
Cash234,6 k €606,7 k €377,7 k €390,2 k €443,4 k €169,2 k €141 k €
Debts4,7 M €4 M €1,4 M €1,3 M €1,3 M €929,1 k €800,5 k €
Other
Workforce132,8 ETP105,5 ETP46,3 ETP46,0 ETP36,5 ETP30,6 ETP21,2 ETP
Governance

Board of directors

Seen on filing of 31/12/2012 · 2 active · 8 ended

Active mandates

Didier CARDOEN

Managing director

Active
DLG

Managing director · 0478.222.173

Represented by Didier CARDOEN

Active

Ended mandates

Didier CARDOEN

Managing director · since 07 mars 2012

Ended
A.P.V.C.

Managing director · since 31 mars 2006 · until 27 septembre 2010 · 0860.874.802

Represented by Pascal CARDOEN

Ended
A.P.V.C.

Managing director · since 31 mars 2006 · until 31 mars 2012 · 0860.874.802

Represented by Pascal CARDOEN

Ended
DLG

Managing director · since 31 mars 2006 · until 31 mars 2012 · 0478.222.173

Represented by Didier CARDOEN

Ended
At this address

Other companies at this address

CompanyCBE no.
DDL - CONSTRUCT● Active
0471.901.139
GABECON● Bankrupt
0433.062.636
VPS Projects & Services● Active
0683.486.942
Annual accounts

Full financial information

201220112010200920092008
Type of accountFull modelFull modelFull modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/201201/01/201101/01/201001/04/200901/04/200801/04/2007
Closing of the financial year31/12/201231/12/201131/12/201031/12/200931/03/200931/03/2008
Length of the financial year12 months12 months12 months9 months12 months12 months
Filing date19/07/201318/06/201229/06/201129/06/201030/09/200930/10/2008
General meeting21/06/201315/06/201217/06/201118/06/201018/09/200930/09/2008
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
Full model31/12/201221/06/201319/07/2013DutchPDF
Full model31/12/201115/06/201218/06/2012DutchPDF
Full model31/12/201017/06/201129/06/2011DutchPDF
Abridged model31/12/200918/06/201029/06/2010DutchPDF
Abridged model31/03/200918/09/200930/09/2009DutchPDF
Abridged model31/03/200830/09/200830/10/2008DutchPDF
Abridged model31/03/200721/09/200728/09/2007DutchPDF
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 · 8 ended

Active mandates

Didier CARDOEN

Managing director

Active
DLG

Managing director · 0478.222.173

Represented by Didier CARDOEN

Active

Ended mandates

Didier CARDOEN

Managing director · since 07 mars 2012

Ended
A.P.V.C.

Managing director · since 31 mars 2006 · until 27 septembre 2010 · 0860.874.802

Represented by Pascal CARDOEN

Ended
A.P.V.C.

Managing director · since 31 mars 2006 · until 31 mars 2012 · 0860.874.802

Represented by Pascal CARDOEN

Ended
DLG

Managing director · since 31 mars 2006 · until 31 mars 2012 · 0478.222.173

Represented by Didier CARDOEN

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates18/08/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares01/04/2014
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates02/04/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring12/07/2011
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates07/06/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring27/04/2011
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates09/12/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares10/07/2009
    KAPITAAL - AANDELEN - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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. 2012
    Annual accounts 2012138,5 k €↓
  2. 2011
    Annual accounts 2011275,9 k €↑
  3. 2010
    Annual accounts 2010196,1 k €↓
  4. 2009
    Annual accounts 2009361,2 k €↑
  5. 2009
    Annual accounts 2009232,1 k €↑
  6. 2008
    Annual accounts 2008-34,8 k €↓
  7. 2007
    Annual accounts 2007222 k €
  8. 10/03/1980
    IncorporationPublic limited company