DISSOLUTION BY OPERATION OF LAW

BELGER GLAS

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Financial year 2018 · closed on 31/12/2018

Net result

426,7 k €

+296.9% YoY

Gross margin

157 k €

-33.3% YoY

Equity

19,5 M €

+2.2% YoY

Company — Dissolution by operation of law.

What does BELGER GLAS do?

BELGER GLAS is a Foreign company incorporated in 1985. Its registered office is in TETTAU.

Legal situation

● Dissolution by operation of law

BCE/KBO no. / VAT

BE 0427.095.849

Incorporation

25/04/1985

Legal form

Foreign company

Registered office

Kleintettau, Glashüttenplatz 1-7
96355 TETTAU · Flandre

Latest accounts

31/12/2018

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	157 k €	-33.3%	235,5 k €	-23.6%	308,1 k €	+4.7%	294,4 k €	+306%	72,4 k €	+203%	-70,2 k €	-260%	43,9 k €	+680%	5,6 k €	+105%	-110,1 k €	-119%	-50,4 k €	+7.3%	-54,4 k €	-99.2%	-27,3 k €	-239%	19,6 k €
EBITDA	47,1 k €	+38.6%	34 k €	-89.0%	308 k €	+4.7%	294,1 k €	+308%	72,1 k €	+202%	-70,8 k €	-264%	43,3 k €	+1242%	3,2 k €	+103%	-110,7 k €	-31.7%	-84,1 k €	-53.7%	-54,7 k €	-97.0%	-27,8 k €	+20.8%	-35,1 k €
Operating result	-51,1 k €	+42.5%	-88,8 k €	-152%	-35,2 k €	+71.0%	-121,4 k €	-9.5%	-110,9 k €	+22.6%	-143,3 k €	-390%	-29,3 k €	+78.5%	-136,4 k €	-23.2%	-110,7 k €	-31.7%	-84,1 k €	-53.7%	-54,7 k €	-97.0%	-27,8 k €	+20.8%	-35,1 k €
Net result	426,7 k €	+297%	-216,7 k €	-116%	1,3 M €	+137%	559 k €	-30.4%	803,3 k €	-4.2%	838,3 k €	+65.8%	505,8 k €	+168%	-744,1 k €	-133%	2,3 M €	-12.3%	2,6 M €	+45.8%	1,8 M €	-5.4%	1,9 M €	+242%	545,8 k €
Balance sheet
Equity	19,5 M €	+2.2%	19,1 M €	-6.0%	20,3 M €	-5.5%	21,4 M €	-6.3%	22,9 M €	+2.5%	22,3 M €	+1.5%	22 M €	-0.9%	22,2 M €	-5.3%	23,4 M €	+4.7%	22,4 M €	+11.9%	20 M €	+1.4%	19,7 M €	+4.6%	18,9 M €
Total assets	19,5 M €	+2.0%	19,2 M €	-6.9%	20,6 M €	-8.2%	22,4 M €	-3.8%	23,3 M €	+3.3%	22,5 M €	+1.5%	22,2 M €	-1.1%	22,5 M €	-5.7%	23,8 M €	+6.3%	22,4 M €	+11.8%	20,1 M €	-8.4%	21,9 M €	+15.9%	18,9 M €
Cash	5,9 M €	+206%	1,9 M €	-52.7%	4,1 M €	-36.8%	6,4 M €	+198%	2,2 M €	+1651%	122,9 k €	-45.7%	226,2 k €	-58.6%	546,7 k €	+886%	55,4 k €	-98.8%	4,5 M €	+2262%	190,1 k €	-20.6%	239,5 k €	+136%	101,5 k €
Debts	50,9 k €	+9.6%	46,4 k €	-33.8%	70,1 k €	-91.1%	783,3 k €	+147%	316,6 k €	+50.3%	210,7 k €	-1.6%	214,1 k €	-8.1%	233 k €	-38.8%	380,6 k €	+638%	51,6 k €	+2.4%	50,4 k €	-97.7%	2,2 M €	+4475%	47,5 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		1,0 ETP

Governance

Board of directors

Seen on filing of 31/12/2018 · 3 active · 14 ended

Active mandates

Joep Heinz

Director · since 01 janvier 2016 · until 31 décembre 2018

Active

Carl-August Heinz

Chairman of the board of directors · since 31 mai 2013 · until 31 mai 2019

Active

Jeannette Heinz-Drayton

Director · since 31 mai 2013 · until 03 avril 2018

Active

Ended mandates

Xavier Vaisière

Director · since 30 juin 2015 · until 31 mars 2016

Ended

Xavier Vaisière

Director · since 31 mai 2014 · until 30 juin 2015

Ended

Carl-August Heinz

Mandate · since 31 mai 2013 · until 31 mai 2019

Ended

Jeanette Heinz-Drayton

Director · since 31 mai 2013 · until 31 mai 2019

Ended

Annual accounts

Full financial information

	2018	2017	2016	2015	2014	2013
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2018	01/01/2017	01/01/2016	01/01/2015	01/01/2014	01/01/2013
Closing of the financial year	31/12/2018	31/12/2017	31/12/2016	31/12/2015	31/12/2014	31/12/2013
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	03/06/2019	06/07/2018	12/07/2017	12/07/2016	28/07/2015	28/07/2014
General meeting	31/05/2019	25/05/2018	12/06/2017	15/06/2016	30/06/2015	30/06/2014
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

13 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2018	31/05/2019	03/06/2019	German	PDF
Abridged model	31/12/2017	25/05/2018	06/07/2018	German	PDF
Abridged model	31/12/2016	12/06/2017	12/07/2017	German	PDF
Abridged model	31/12/2015	15/06/2016	12/07/2016	German	PDF
Abridged model	31/12/2014	30/06/2015	28/07/2015	German	PDF
Abridged model	31/12/2013	30/06/2014	28/07/2014	German	PDF
Abridged model	31/12/2012	31/05/2013	18/06/2013	German	PDF
Abridged model	31/12/2011	30/06/2012	19/07/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	24/06/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	30/07/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	10/06/2009	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	03/06/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	21/06/2007	Dutch	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.

Discover the Business plan

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 31/12/2018 · 3 active · 14 ended

Active mandates

Joep Heinz

Director · since 01 janvier 2016 · until 31 décembre 2018

Active

Carl-August Heinz

Chairman of the board of directors · since 31 mai 2013 · until 31 mai 2019

Active

Jeannette Heinz-Drayton

Director · since 31 mai 2013 · until 03 avril 2018

Active

Ended mandates

Xavier Vaisière

Director · since 30 juin 2015 · until 31 mars 2016

Ended

Xavier Vaisière

Director · since 31 mai 2014 · until 30 juin 2015

Ended

Carl-August Heinz

Mandate · since 31 mai 2013 · until 31 mai 2019

Ended

Jeanette Heinz-Drayton

Director · since 31 mai 2013 · until 31 mai 2019

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office11/03/2020
ADRESSE ANDERS ALS GESELLSCHAFTSSITZ - SATZUNGEN (UEBERSETZUNG, KOORDINATION, ANDERE AENDERUNGEN, ) - AENDERUNG RECHTSFORM
PDF
Registered office11/03/2020
ADRESSE ANDERS ALS GESELLSCHAFTSSITZ - AENDERUNG RECHTSFORM
PDF
Mandates08/01/2020
ENTLASSUNG - ERNENNUNG
PDF
Mandates27/06/2018
ENTLASSUNG - ERNENNUNG
PDF
Mandates08/03/2016
ENTLASSUNG - ERNENNUNG
PDF
Mandates01/09/2015
ENTLASSUNG - ERNENNUNG
PDF
Mandates05/09/2014
ENTLASSUNG - ERNENNUNG
PDF
Mandates17/12/2013
ENTLASSUNG - ERNENNUNG
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2018
Annual accounts 2018426,7 k €↑
2017
Annual accounts 2017-216,7 k €↓
2016
Annual accounts 20161,3 M €↑
2015
Annual accounts 2015559 k €↓
2014
Annual accounts 2014803,3 k €↓
2013
Annual accounts 2013838,3 k €↑
2012
Annual accounts 2012505,8 k €↑
2011
Annual accounts 2011-744,1 k €↓
2010
Annual accounts 20102,3 M €↓
2009
Annual accounts 20092,6 M €↑
2008
Annual accounts 20081,8 M €↓
2007
Annual accounts 20071,9 M €↑
2006
Annual accounts 2006545,8 k €
25/04/1985
IncorporationForeign company

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

BELGER GLAS

Overview

What does BELGER GLAS do?

Trend over 13 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