OPENING OF BANKRUPTCY

PALOMBO L. et T.

Company — Opening of bankruptcy.

Financial year 2021 · Closed on 31/12/2021

Net result4,7 k €-70,4 %over 1 year
Gross margin64,1 k €-19,3 %over 1 year
Equity96,9 k €+5,1 %over 1 year
Workforce2,7 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

PALOMBO L. et T. is a Private company with limited liability incorporated in 1982. Its main activity is: Floor and wall covering. Its registered office is in Verviers. It employs on average 2,7 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0423.477.947
Incorporation
21/12/1982
Legal form
Private company with limited liability
Registered office
Avenue Reine Astrid 216
4802 Verviers · WallonieSee on map
Contributed capital
19 000,00 €
Latest accounts
31/12/2021
Average workforce
2,7 ETP
Joint committees (3)
  • 124
  • 200
  • 218
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 16 filings

Trend over 16 financial years

20212020201920182017
Income statement
Gross margin64,1 k €79,5 k €77,1 k €71,1 k €119,3 k €
EBITDA11,1 k €25 k €3 k €-14,5 k €16,4 k €
Operating result5,8 k €16,8 k €-8,9 k €-25,4 k €1,3 k €
Net result4,7 k €15,8 k €-9,9 k €-19 k €112,3 €
Balance sheet
Equity96,9 k €92,2 k €76,5 k €86,3 k €155,3 k €
Total assets128,9 k €115,6 k €114,4 k €113,8 k €208,5 k €
Cash7,1 k €9,4 k €17,6 k €32,5 k €26,5 k €
Debts32 k €23,2 k €37,7 k €27,5 k €53,2 k €
Other
Workforce2,7 ETP2,7 ETP2,0 ETP2,3 ETP–

Board of directors

Source · NBB, accounts to 31/12/2021

1 active · 5 ended

Active mandates

Romain PALOMBO

Director · since 20 août 2018

Active

Ended mandates

Romain PALOMBO

Manager · since 20 août 2018

Ended
Luciano PALOMBO

Manager · until 01 mai 2018

Ended
Luciano PALOMBO

Manager

Ended
Tony PALOMBO

Manager · until 31 décembre 2018

Ended

Other companies at this address

Avenue Reine Astrid 216 4802 Verviers

Full financial information

Source · NBB
202120202019201820172016
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro modelMicro model
Start of the financial year01/01/202101/01/202001/01/201901/01/201801/01/201701/01/2016
Closing of the financial year31/12/202131/12/202031/12/201931/12/201831/12/201731/12/2016
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date08/07/202223/06/202114/08/202023/08/201925/06/201829/05/2017
General meeting02/05/202203/05/202104/05/202006/05/201907/05/201802/05/2017
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, 16 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202102/05/202208/07/2022FrenchPDF
Abridged model31/12/202003/05/202123/06/2021FrenchPDF
Abridged model31/12/201904/05/202014/08/2020FrenchPDF
Abridged model31/12/201806/05/201923/08/2019FrenchPDF
Micro model31/12/201707/05/201825/06/2018FrenchPDF
Micro model31/12/201602/05/201729/05/2017FrenchPDF
Abridged model31/12/201502/05/201601/07/2016FrenchPDF
Abridged model31/12/201404/05/201501/07/2015FrenchPDF
Abridged model31/12/201305/05/201410/06/2014FrenchPDF
Abridged model31/12/201206/05/201314/05/2013FrenchPDF
Abridged model31/12/201107/05/201221/06/2012FrenchPDF
Abridged model31/12/201002/05/201123/06/2011FrenchPDF
Abridged model31/12/200903/05/201018/05/2010FrenchPDF
Abridged model31/12/200804/05/200920/05/2009FrenchPDF
Abridged model31/12/200705/05/200814/07/2008FrenchPDF
Abridged model31/12/200607/05/200718/06/2007FrenchPDF

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 31/12/2021

1 active · 5 ended

Active mandates

Romain PALOMBO

Director · since 20 août 2018

Active

Ended mandates

Romain PALOMBO

Manager · since 20 août 2018

Ended
Luciano PALOMBO

Manager · until 01 mai 2018

Ended
Luciano PALOMBO

Manager

Ended
Tony PALOMBO

Manager · until 31 décembre 2018

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates29/01/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/10/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/08/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares18/02/2004
    ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF

Similar companies

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

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Timeline

  1. 2021
    Annual accounts 20214,7 k €↓
  2. 2021
    Name changePALOMBO
  3. 2020
    Annual accounts 202015,8 k €↑
  4. 2019
    Annual accounts 2019-9,9 k €↑
  5. 2018
    Annual accounts 2018-19 k €↓
  6. 2017
    Annual accounts 2017112,3 €↑
  7. 2016
    Annual accounts 2016-12,7 k €↓
  8. 2015
    Annual accounts 20156 k €↓
  9. 2014
    Annual accounts 20147,3 k €↑
  10. 2013
    Annual accounts 20132,5 k €↓
  11. 2012
    Annual accounts 201212,8 k €↓
  12. 2011
    Annual accounts 201115,6 k €↑
  13. 2010
    Annual accounts 201015,4 k €↑
  14. 2009
    Annual accounts 2009-7,8 k €↓
  15. 2008
    Annual accounts 200811,7 k €↓
  16. 2007
    Annual accounts 200717 k €↑
  17. 2006
    Annual accounts 20062,9 k €
  18. 2006
    Name changePALOMBO L. et T.
  19. 21/12/1982
    IncorporationPrivate company with limited liability