OPENING OF BANKRUPTCY

GRITTEN

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Financial year 2017 · closed on 31/12/2017

Net result

20,1 k €

+6.3% YoY

Gross margin

46,4 k €

-0.7% YoY

Equity

30,6 k €

0.0% YoY

Company — Opening of bankruptcy.

What does GRITTEN do?

GRITTEN is a Private company with limited liability incorporated in 1981. Its registered office is in Durbuy.

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0421.950.097

Incorporation

28/09/1981

Legal form

Private company with limited liability

Registered office

Rue de l'Argoté (Izier) 14A
6941 Durbuy · WallonieSee on map

Latest accounts

31/12/2017

Joint committees (2)

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 12 financial years

	2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	46,4 k €	-0.7%	46,8 k €	+5.1%	44,5 k €	-18.5%	54,6 k €	-3.2%	56,4 k €	-10.0%	62,6 k €	+19.3%	52,5 k €	+2.4%	51,2 k €	-3.6%	53,2 k €	+61.8%	32,9 k €	-55.0%	73 k €	+7.2%	68,1 k €
EBITDA	34,5 k €	+1.5%	34 k €	+10.5%	30,7 k €	-25.1%	41 k €	-3.7%	42,6 k €	-14.1%	49,5 k €	+27.5%	38,8 k €	+1.4%	38,3 k €	-0.8%	38,6 k €	+118%	17,7 k €	-67.8%	55,1 k €	+3.3%	53,3 k €
Operating result	34 k €	+1.7%	33,4 k €	+35.2%	24,7 k €	-29.2%	34,9 k €	-4.2%	36,4 k €	-16.3%	43,5 k €	+52.1%	28,6 k €	+1.6%	28,2 k €	-0.9%	28,4 k €	+275%	7,6 k €	-83.1%	44,7 k €	-4.6%	46,9 k €
Net result	20,1 k €	+6.3%	18,9 k €	+23.3%	15,4 k €	-37.2%	24,4 k €	-5.4%	25,8 k €	-9.4%	28,5 k €	+80.6%	15,8 k €	-11.3%	17,8 k €	+2.5%	17,4 k €	+1045%	-1,8 k €	-106%	32,2 k €	-19.3%	39,9 k €
Balance sheet
Equity	30,6 k €	0.0%	30,6 k €	-49.1%	60,2 k €	-7.9%	65,4 k €	-0.8%	66 k €	-22.5%	85,1 k €	+11.2%	76,6 k €	-5.2%	80,8 k €	-8.2%	87,9 k €	+24.7%	70,5 k €	-2.5%	72,4 k €	+31.2%	55,2 k €
Total assets	71,6 k €	-2.7%	73,6 k €	-33.2%	110,2 k €	-12.5%	125,9 k €	-18.4%	154,3 k €	+3.4%	149,3 k €	-1.5%	151,5 k €	+7.2%	141,3 k €	+17.3%	120,5 k €	-11.7%	136,6 k €	-20.1%	170,9 k €	+32.5%	129 k €
Cash	37 k €	-0.1%	37,1 k €	-16.8%	44,6 k €	+36.2%	32,7 k €	+18.5%	27,6 k €	-18.7%	34 k €	-36.9%	53,9 k €	+4.8%	51,4 k €	+48.3%	34,6 k €	-25.2%	46,3 k €	-44.1%	82,8 k €	+106%	40,3 k €
Debts	41 k €	-4.6%	43 k €	-13.9%	49,9 k €	-17.4%	60,5 k €	-30.5%	87,1 k €	+36.2%	63,9 k €	-14.6%	74,9 k €	+25.0%	59,9 k €	+84.9%	32,4 k €	-50.3%	65,3 k €	-32.6%	96,8 k €	+32.3%	73,1 k €
Other
Workforce	–		–		0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	-20.0%	0,5 ETP	0.0%	0,5 ETP	-28.6%	0,7 ETP	+40.0%	0,5 ETP

Governance

Board of directors

Seen on filing of 31/12/2017 · 1 active

Active mandates

Maurice Jean Gritten

Manager

Active

Annual accounts

Full financial information

	2017	2016	2015	2014	2013	2012
Type of account	Micro model	Micro model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2017	01/01/2016	01/01/2015	01/01/2014	01/01/2013	01/01/2012
Closing of the financial year	31/12/2017	31/12/2016	31/12/2015	31/12/2014	31/12/2013	31/12/2012
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/07/2018	28/07/2017	31/08/2016	26/08/2015	27/06/2014	23/08/2013
General meeting	07/05/2018	02/05/2017	02/05/2016	04/05/2015	05/05/2014	06/05/2013
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
Micro model	31/12/2017	07/05/2018	27/07/2018	French	PDF
Micro model	31/12/2016	02/05/2017	28/07/2017	French	PDF
Abridged model	31/12/2015	02/05/2016	31/08/2016	French	PDF
Abridged model	31/12/2014	04/05/2015	26/08/2015	French	PDF
Abridged model	31/12/2013	05/05/2014	27/06/2014	French	PDF
Abridged model	31/12/2012	06/05/2013	23/08/2013	French	PDF
Abridged model	31/12/2011	07/05/2012	23/08/2012	French	PDF
Abridged model	31/12/2010	30/06/2011	30/06/2011	French	PDF
Abridged model	31/12/2009	03/05/2010	30/08/2010	French	PDF
Abridged model	31/12/2008	04/05/2009	26/08/2009	French	PDF
Abridged model	31/12/2007	05/05/2008	27/08/2008	French	PDF
Abridged model	31/12/2006	26/10/2007	29/11/2007	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.

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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.

Governance

Board of directors

Seen on filing of 31/12/2017 · 1 active

Active mandates

Maurice Jean Gritten

Manager

Active

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares15/03/2004
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

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2017
Annual accounts 201720,1 k €↑
2016
Annual accounts 201618,9 k €↑
2015
Annual accounts 201515,4 k €↓
2014
Annual accounts 201424,4 k €↓
2013
Annual accounts 201325,8 k €↓
2012
Annual accounts 201228,5 k €↑
2011
Annual accounts 201115,8 k €↓
2010
Annual accounts 201017,8 k €↑
2009
Annual accounts 200917,4 k €↑
2008
Annual accounts 2008-1,8 k €↓
2007
Annual accounts 200732,2 k €↓
2006
Annual accounts 200639,9 k €
28/09/1981
IncorporationPrivate company with limited liability

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

GRITTEN

Overview

What does GRITTEN do?

Trend over 12 financial years

Board of directors

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