Verstaen
0424.211.583 · rovalta.com · 23/09/2026
OPENING OF BANKRUPTCY
Verstaen
Financial year 2020 · closed on 31/12/2020
Net result
26,1 k €
+40.1% YoY
Revenue
19,2 M €
+3.3% YoY
Equity
537 k €
+5.1% YoY
Workforce
31,7 ETP
+12.0% YoY
Company — Opening of bankruptcy.
Overview
What does Verstaen do?
Verstaen is a Public limited company incorporated in 1983. Its main activity is: Joinery installation. Its registered office is in Tielt. It employs on average 31,7 ETP workers (FTE).
Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0424.211.583
Incorporation
28/06/1983
Legal form
Public limited company
Registered office
Meulebeeksesteenweg 22
8700 Tielt · FlandreSee on map
8700 Tielt · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2020
Average workforce
31,7 ETP
Activities (NACE)
Joint committees (2)
- 124
- 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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Financials
Trend over 15 financial years
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||
| Revenue | 19,2 M € | +3.3% | 18,6 M € | +51.0% | 12,3 M € | +8.7% | 11,3 M € | +38.9% | 8,2 M € | +18.8% | 6,9 M € | -14.4% | 8 M € | +10.6% | 7,3 M € | -6.0% | 7,7 M € | – | – | – | – | – | – | ||||||
| EBITDA | 185,2 k € | +32.5% | 139,8 k € | +20.2% | 116,2 k € | +30.8% | 88,9 k € | -78.9% | 421,9 k € | +121% | 190,7 k € | -61.7% | 498 k € | -3.9% | 518,2 k € | -29.0% | 730,1 k € | +28.3% | 568,9 k € | -22.0% | 729 k € | +33.4% | 546,4 k € | +35.6% | 403 k € | +7.7% | 374,2 k € | +48.5% | 252 k € |
| Operating result | 165,3 k € | +39.1% | 118,8 k € | +16.8% | 101,7 k € | +64.7% | 61,7 k € | -84.5% | 399,1 k € | +134% | 170,7 k € | -63.0% | 461,4 k € | -6.7% | 494,3 k € | -29.5% | 701,2 k € | +28.4% | 546,1 k € | -21.1% | 691,9 k € | +41.5% | 489 k € | +35.4% | 361,1 k € | +6.4% | 339,3 k € | +60.4% | 211,6 k € |
| Net result | 26,1 k € | +40.1% | 18,7 k € | +36.8% | 13,6 k € | +275% | -7,8 k € | -103% | 229 k € | +54.8% | 147,9 k € | -62.4% | 393,8 k € | -3.6% | 408,4 k € | -23.0% | 530,4 k € | +46.6% | 361,9 k € | -13.8% | 419,8 k € | +34.2% | 312,9 k € | +29.1% | 242,4 k € | +14.2% | 212,3 k € | +40.4% | 151,2 k € |
| Balance sheet | |||||||||||||||||||||||||||||
| Equity | 537 k € | +5.1% | 510,9 k € | +3.8% | 492,2 k € | +2.8% | 478,6 k € | -1.6% | 486,4 k € | +88.9% | 257,4 k € | +22.8% | 209,6 k € | -93.4% | 3,2 M € | +10.8% | 2,9 M € | +17.7% | 2,4 M € | +17.5% | 2,1 M € | +25.5% | 1,6 M € | +23.5% | 1,3 M € | +22.2% | 1,1 M € | +24.2% | 877,6 k € |
| Total assets | 3,3 M € | +17.1% | 2,9 M € | +30.4% | 2,2 M € | -0.2% | 2,2 M € | +32.7% | 1,7 M € | +35.1% | 1,2 M € | -72.2% | 4,4 M € | +15.6% | 3,8 M € | +18.1% | 3,2 M € | -14.9% | 3,8 M € | +13.8% | 3,3 M € | +34.1% | 2,5 M € | +3.4% | 2,4 M € | +30.0% | 1,8 M € | +15.1% | 1,6 M € |
| Cash | 536,8 k € | +43.1% | 375,1 k € | +69.3% | 221,5 k € | -23.7% | 290,2 k € | +62.1% | 179 k € | +23.9% | 144,5 k € | -72.0% | 515,3 k € | +183% | 182 k € | +53.6% | 118,5 k € | -93.2% | 1,7 M € | +70.1% | 1 M € | +58.3% | 644,5 k € | +95.8% | 329,1 k € | -71.9% | 1,2 M € | +29.6% | 903,6 k € |
| Debts | 2,7 M € | +20.1% | 2,2 M € | +40.9% | 1,6 M € | -3.3% | 1,6 M € | +42.9% | 1,1 M € | +23.8% | 921,9 k € | -78.0% | 4,2 M € | +568% | 626,4 k € | +76.3% | 355,2 k € | -73.8% | 1,4 M € | +7.6% | 1,3 M € | +51.3% | 833 k € | -21.6% | 1,1 M € | +41.5% | 750,8 k € | +3.9% | 722,5 k € |
| Other | |||||||||||||||||||||||||||||
| Workforce | 31,7 ETP | +12.0% | 28,3 ETP | +25.2% | 22,6 ETP | +9.7% | 20,6 ETP | +38.3% | 14,9 ETP | +28.4% | 11,6 ETP | -18.9% | 14,3 ETP | +23.3% | 11,6 ETP | -4.9% | 12,2 ETP | -9.0% | 13,4 ETP | +9.8% | 12,2 ETP | +19.6% | 10,2 ETP | +7.4% | 9,5 ETP | +11.8% | 8,5 ETP | -2.3% | 8,7 ETP |
Governance
Board of directors
Seen on filing of 31/12/2020 · 3 active · 25 ended
Active mandates
Ended mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
VERTIRAMA● Bankrupt | 0441.699.297 |
Financials
Annual accounts
Full financial information
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2020 | 01/01/2019 | 01/01/2018 | 01/01/2017 | 01/01/2016 | 01/01/2015 |
| Closing of the financial year | 31/12/2020 | 31/12/2019 | 31/12/2018 | 31/12/2017 | 31/12/2016 | 31/12/2015 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 19/05/2021 | 04/06/2020 | 20/08/2019 | 31/08/2018 | 30/08/2017 | 11/08/2016 |
| General meeting | 18/05/2021 | 15/05/2020 | 09/08/2019 | 27/07/2018 | 29/08/2017 | 06/05/2016 |
| 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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Try for 7 daysFilings
Annual accounts filings
15 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2020 | 18/05/2021 | 19/05/2021 | Dutch | |
| Full model | 31/12/2019 | 15/05/2020 | 04/06/2020 | Dutch | |
| Full model | 31/12/2018 | 09/08/2019 | 20/08/2019 | Dutch | |
| Full model | 31/12/2017 | 27/07/2018 | 31/08/2018 | Dutch | |
| Full model | 31/12/2016 | 29/08/2017 | 30/08/2017 | Dutch | |
| Full model | 31/12/2015 | 06/05/2016 | 11/08/2016 | Dutch | |
| Full model | 31/12/2014 | 04/05/2015 | 08/07/2015 | Dutch | |
| Full model | 31/12/2013 | 02/05/2014 | 30/06/2014 | Dutch | |
| Full model | 31/12/2012 | 03/05/2013 | 27/06/2013 | Dutch | |
| Abridged model | 31/12/2011 | 02/04/2012 | 27/04/2012 | Dutch | |
| Abridged model | 31/03/2011 | 05/09/2011 | 08/09/2011 | Dutch | |
| Abridged model | 31/03/2010 | 06/09/2010 | 01/10/2010 | Dutch | |
| Abridged model | 31/03/2009 | 07/09/2009 | 11/09/2009 | Dutch | |
| Abridged model | 31/03/2008 | 01/09/2008 | 01/09/2008 | Dutch | |
| Abridged model | 31/03/2007 | 03/09/2007 | 10/10/2007 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2020 · 3 active · 25 ended
Active mandates
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates28/09/2022ONTSLAGEN - BENOEMINGEN
- Mandates23/09/2022ONTSLAGEN - BENOEMINGEN
- Mandates16/09/2022ONTSLAGEN - BENOEMINGEN
- Mandates14/07/2022ONTSLAGEN - BENOEMINGEN
- Mandates18/02/2019ONTSLAGEN - BENOEMINGEN
- Mandates23/04/2018ONTSLAGEN - BENOEMINGEN
- Mandates05/10/2015ONTSLAGEN - BENOEMINGEN
- Other26/04/2012DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2020Annual accounts 202026,1 k €↑
- 2019Annual accounts 201918,7 k €↑
- 2018Annual accounts 201813,6 k €↑
- 2017Annual accounts 2017-7,8 k €↓
- 2016Annual accounts 2016229 k €↑
- 2015Annual accounts 2015147,9 k €↓
- 2014Annual accounts 2014393,8 k €↓
- 2013Annual accounts 2013408,4 k €↓
- 2012Annual accounts 2012530,4 k €↑
- 2011Annual accounts 2011361,9 k €↓
- 2011Annual accounts 2011419,8 k €↑
- 2010Annual accounts 2010312,9 k €↑
- 2009Annual accounts 2009242,4 k €↑
- 2008Annual accounts 2008212,3 k €↑
- 2007Annual accounts 2007151,2 k €
- 28/06/1983IncorporationPublic limited company