OPENING OF BANKRUPTCY

Industrial Refining Company

Company — Opening of bankruptcy.

Financial year 2020 · Closed on 31/12/2020

Net result-5,5 M €-2,7 %over 1 year
Revenue330,6 M €-55,9 %over 1 year
Equity14,6 M €-27,4 %over 1 year
Workforce23,8 ETP-8,8 %over 1 year

Identity

Source · BCE/KBO

Industrial Refining Company is a Public limited company incorporated in 1984. Its main activity is: Wholesale of metals and metal ores. Its registered office is in Antwerpen. It employs on average 23,8 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0426.598.575
Incorporation
28/12/1984
Legal form
Public limited company
Registered office
Van Leriusstraat 25
2018 Antwerpen · FlandreSee on map
Contributed capital
20 000 000,00 €
Latest accounts
31/12/2020
Average workforce
23,8 ETP
Joint committees (3)
  • 14903
  • 200
  • 218
Signals
Healthy social debtsHigh revenue

Financials

Source · NBB, 15 filings

Trend over 15 financial years

20202019201820172016
Income statement
Revenue330,6 M €750,2 M €671,1 M €811,6 M €1,1 Md €
EBITDA-7,1 M €-12,4 M €-8,9 M €6,7 M €-3,2 M €
Operating result-7,5 M €-12,8 M €-9,3 M €6,3 M €-3,5 M €
Net result-5,5 M €-5,4 M €330,8 k €397 k €254 €
Balance sheet
Equity14,6 M €20,1 M €25,4 M €25,1 M €24,7 M €
Total assets139,6 M €69,5 M €90,6 M €131,3 M €81,2 M €
Cash138,4 k €2,3 M €764,8 k €20,9 M €356,8 k €
Debts124,7 M €49,2 M €64 M €105 M €55 M €
Other
Workforce23,8 ETP26,1 ETP27,0 ETP28,6 ETP28,6 ETP

Board of directors

Source · NBB, accounts to 31/12/2020

1 active · 39 ended

Active mandates

Sylvain GOETZ

Managing director · since 10 septembre 2018 · until 21 juin 2024

Active

Ended mandates

Sylvain Goetz

Managing director · since 10 septembre 2018 · until 10 septembre 2024

Ended
WORLDWIDE CONSULTING

Director · since 10 septembre 2018 · until 10 septembre 2024 · 0478.862.175

Represented by Sylvain Goetz

Ended
WORLDWIDE CONSULTING

Director · since 10 septembre 2018 · until 08 juillet 2020 · 0478.862.175

Represented by SYLVAIN GOETZ

Ended
WORLDWIDE CONSULTING

Director · since 10 septembre 2018 · until 10 septembre 2024 · 0478.862.175

Represented by Sylvain Goetz

Ended

Other companies at this address

Van Leriusstraat 25 2018 Antwerpen
CompanyCBE no.
0456.774.186

Full financial information

Source · NBB
202020192018201720162015
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202001/01/201901/01/201801/01/201701/01/201601/01/2015
Closing of the financial year31/12/202031/12/201931/12/201831/12/201731/12/201631/12/2015
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date19/12/202214/07/202129/08/201919/12/201814/08/201722/12/2016
General meeting18/10/202226/06/202123/08/201907/12/201813/07/201716/11/2016
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, 15 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202018/10/202219/12/2022DutchPDF
Full model31/12/201926/06/202114/07/2021DutchPDF
Full model31/12/201823/08/201929/08/2019DutchPDF
Full model31/12/201707/12/201819/12/2018DutchPDF
Full model31/12/201613/07/201714/08/2017DutchPDF
Full model31/12/201516/11/201622/12/2016DutchPDF
Full model31/12/201419/06/201526/11/2015DutchPDF
Full model31/12/201320/06/201409/09/2014DutchPDF
Full model31/12/201221/06/201318/07/2013DutchPDF
Full model31/12/201122/06/201212/07/2012DutchPDF
Full model31/12/201006/05/201130/08/2011DutchPDF
Full model31/12/200907/05/201016/07/2010DutchPDF
Full model31/12/200804/05/200909/07/2009DutchPDF
Full model31/12/200709/05/200828/01/2009DutchPDF
Full model31/12/200604/05/200714/09/2007DutchPDF

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 31/12/2020

1 active · 39 ended

Active mandates

Sylvain GOETZ

Managing director · since 10 septembre 2018 · until 21 juin 2024

Active

Ended mandates

Sylvain Goetz

Managing director · since 10 septembre 2018 · until 10 septembre 2024

Ended
WORLDWIDE CONSULTING

Director · since 10 septembre 2018 · until 10 septembre 2024 · 0478.862.175

Represented by Sylvain Goetz

Ended
WORLDWIDE CONSULTING

Director · since 10 septembre 2018 · until 08 juillet 2020 · 0478.862.175

Represented by SYLVAIN GOETZ

Ended
WORLDWIDE CONSULTING

Director · since 10 septembre 2018 · until 10 septembre 2024 · 0478.862.175

Represented by Sylvain Goetz

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office06/10/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office13/10/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates03/08/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/09/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/10/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/12/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/11/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/03/2016
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2020
    Annual accounts 2020-5,5 M €↓
  2. 2019
    Annual accounts 2019-5,4 M €↓
  3. 2019
    Name changeIndustrial Refining Company
  4. 2018
    Annual accounts 2018330,8 k €↓
  5. 2017
    Annual accounts 2017397 k €↑
  6. 2016
    Annual accounts 2016254 €↓
  7. 2015
    Annual accounts 2015322,2 k €↓
  8. 2014
    Annual accounts 2014488,3 k €↑
  9. 2013
    Annual accounts 2013392 k €↓
  10. 2012
    Annual accounts 20121,8 M €↑
  11. 2011
    Annual accounts 20111,3 M €↑
  12. 2010
    Annual accounts 2010234,7 k €↓
  13. 2009
    Annual accounts 2009369,8 k €↓
  14. 2008
    Annual accounts 2008563,4 k €↑
  15. 2008
    Name changeTONY GOETZ
  16. 2007
    Annual accounts 2007214,3 k €↑
  17. 2006
    Annual accounts 2006203,4 k €
  18. 2006
    Name changeTONY GOETZ EN ZONEN - TONY GOETZ ET FILS
  19. 28/12/1984
    IncorporationPublic limited company