OPENING OF BANKRUPTCY

SITA

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Company — Opening of bankruptcy.

Financial year 2019 · Closed on 31/12/2019

Net result-7,4 k €-128,3 %over 1 year
Gross margin5,7 k €-94,7 %over 1 year
Equity-422,6 k €-1,8 %over 1 year

Identity

Source · BCE/KBO

SITA is a Private company with limited liability incorporated in 1981. Its main activity is: Operation of sports facilities. Its registered office is in Zedelgem.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0421.704.431
Incorporation
10/06/1981
Legal form
Private company with limited liability
Registered office
Torhoutsesteenweg 277
8210 Zedelgem · FlandreSee on map
Latest accounts
31/12/2019
Signals
Positive EBITDA

Financials

Source · NBB, 14 filings

Trend over 14 financial years

20192018201720162015
Income statement
Gross margin5,7 k €107,3 k €-6,9 k €20,4 k €2 k €
EBITDA456,3 €36,7 k €-6,9 k €20,2 k €1,2 k €
Operating result-3,3 k €36,7 k €-6,9 k €20,2 k €1,2 k €
Net result-7,4 k €25,9 k €-7,6 k €14,6 k €143,2 €
Balance sheet
Equity-422,6 k €-415,3 k €-441,2 k €-433,4 k €-448 k €
Total assets36,6 k €44 k €167,5 k €196,1 k €170,9 k €
Cash627,1 €53 €65,4 €41,3 k €23,4 k €
Debts459,2 k €459,1 k €608,7 k €629,5 k €618,9 k €

Board of directors

Source · NBB, accounts to 31/12/2019

1 active · 3 ended

Active mandates

Cyriel Folens

Manager

Active

Ended mandates

New Ostend Queen NV

Manager · since 01 décembre 2014 · 0812.392.519

Represented by Cyriel Folens

Ended
Cyriel Folens

Manager · until 01 décembre 2014

Ended
Nex Ostend Queen NV

Manager · 0812.392.519

Represented by Cyriel Folens

Ended

Other companies at this address

Torhoutsesteenweg 277 8210 Zedelgem
CompanyCBE no.
Elektro Pacco● Active
0692.650.868
SEA SIDE BUSINESS● Bankrupt
0479.031.629

Full financial information

Source · NBB
201920182017201620152014
Type of accountMicro modelMicro modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/201901/01/201801/01/201701/01/201601/01/201501/01/2014
Closing of the financial year31/12/201931/12/201831/12/201731/12/201631/12/201531/12/2014
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date25/08/202001/07/201930/08/201816/04/201816/06/201616/06/2015
General meeting25/08/202027/06/201920/08/201806/04/201807/06/201602/06/2015
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 14 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/201925/08/202025/08/2020DutchPDF
Micro model31/12/201827/06/201901/07/2019DutchPDF
Abridged model31/12/201720/08/201830/08/2018DutchPDF
Abridged model31/12/201606/04/201816/04/2018DutchPDF
Abridged model31/12/201507/06/201616/06/2016DutchPDF
Abridged model31/12/201402/06/201516/06/2015DutchPDF
Abridged model31/12/201303/06/201426/08/2014DutchPDF
Abridged model31/12/201204/06/201330/08/2013DutchPDF
Abridged model31/12/201105/06/201228/06/2012DutchPDF
Abridged model31/12/201007/06/201110/06/2011DutchPDF
Abridged model31/12/200901/06/201004/06/2010DutchPDF
Abridged model31/12/200802/06/200905/06/2009DutchPDF
Abridged model31/12/200703/06/200820/08/2008DutchPDF
Abridged model31/12/200605/06/200726/06/2007DutchPDF

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.

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Disclaimer

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

Board of directors

Source · NBB, accounts to 31/12/2019

1 active · 3 ended

Active mandates

Cyriel Folens

Manager

Active

Ended mandates

New Ostend Queen NV

Manager · since 01 décembre 2014 · 0812.392.519

Represented by Cyriel Folens

Ended
Cyriel Folens

Manager · until 01 décembre 2014

Ended
Nex Ostend Queen NV

Manager · 0812.392.519

Represented by Cyriel Folens

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Court decision06/05/2022
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
    PDF
  • Mandates07/11/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/02/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other29/06/2009
    DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office30/09/2004
    MAATSCHAPPELIJKE ZETEL
    PDF

Similar companies

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

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Timeline

  1. 2019
    Annual accounts 2019-7,4 k €↓
  2. 2018
    Annual accounts 201825,9 k €↑
  3. 2017
    Annual accounts 2017-7,6 k €↓
  4. 2016
    Annual accounts 201614,6 k €↑
  5. 2015
    Annual accounts 2015143,2 €↑
  6. 2014
    Annual accounts 2014-11,5 k €↓
  7. 2013
    Annual accounts 20134,4 k €↓
  8. 2012
    Annual accounts 20125,4 k €↑
  9. 2011
    Annual accounts 2011-4,1 k €↓
  10. 2010
    Annual accounts 201016,5 k €↑
  11. 2009
    Annual accounts 20092,8 k €↑
  12. 2008
    Annual accounts 2008-231,7 €↓
  13. 2007
    Annual accounts 2007147,9 €↑
  14. 2006
    Annual accounts 2006-308 €
  15. 10/06/1981
    IncorporationPrivate company with limited liability