OPENING OF BANKRUPTCY

SOUTH RESEARCH

Company — Opening of bankruptcy.

Financial year 2022 · Closed on 31/12/2022

Net result-97,3 k €-1 940,0 %over 1 year
Gross margin121,7 k €-38,2 %over 1 year
Equity70,6 k €-57,9 %over 1 year

Identity

Source · BCE/KBO

SOUTH RESEARCH is a Cooperative partnership with limited liability with a social purpose incorporated in 1984. Its registered office is in Leuven.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0429.809.077
Incorporation
06/08/1984
Legal form
Cooperative partnership with limited liability with a social purpose
Registered office
Leuvensestraat 5 box 2
3010 Leuven · FlandreSee on map
Contributed capital
12 500,00 €
Latest accounts
31/12/2022
Joint committees (3)
  • 306
  • 31901
  • 32901
Signals
Solid equityGood liquidityHealthy social debts

Financials

Source · NBB, 13 filings

Trend over 13 financial years

20222021202020192018
Income statement
Gross margin121,7 k €196,9 k €132,6 k €371,3 k €322,7 k €
EBITDA-104,2 k €2 k €-74,3 k €-7,8 k €-66,4 k €
Operating result-106,4 k €1,5 k €-76,9 k €-11,6 k €-71,9 k €
Net result-97,3 k €5,3 k €-80,1 k €-9,4 k €-67,5 k €
Balance sheet
Equity70,6 k €167,9 k €162,7 k €242,8 k €252,2 k €
Total assets123,8 k €249,6 k €185,2 k €345,3 k €372,7 k €
Cash100,2 k €149,4 k €89,7 k €91,5 k €143,2 k €
Debts49,6 k €74,9 k €19,4 k €98 k €94,2 k €
Other
Workforce–––––

Board of directors

Source · NBB, accounts to 31/12/2022

1 active · 8 ended

Active mandates

Dirk Van Esbroeck

Director · since 20 mars 2019

Active

Ended mandates

Wendy Michaux

Director · since 01 février 2021

Ended
Dirk Van Esbroeck

Director · since 25 mars 2016 · until 25 mars 2019

Ended
Lies Somers

Director · since 25 mars 2016 · until 25 mars 2019

Ended
Dirk Van Esbroeck

Director · since 29 mars 2013 · until 29 mars 2016

Ended

Other companies at this address

Leuvensestraat 5 3010 Leuven
CompanyCBE no.
0435.349.163
LABYRINT● Active
0435.048.166
Spot On● Active
0701.837.461
UniQue● Active
0898.990.258

Full financial information

Source · NBB
202220212020201920182017
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202201/01/202101/01/202001/01/201901/01/201801/01/2017
Closing of the financial year31/12/202231/12/202131/12/202031/12/201931/12/201831/12/2017
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/08/202331/08/202228/06/202130/08/202022/07/201924/07/2018
General meeting05/05/202320/05/202208/06/202124/06/202028/06/201929/06/2018
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, 13 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202205/05/202328/08/2023DutchPDF
Micro model31/12/202120/05/202231/08/2022DutchPDF
Micro model31/12/202008/06/202128/06/2021DutchPDF
Micro model31/12/201924/06/202030/08/2020DutchPDF
Micro model31/12/201828/06/201922/07/2019DutchPDF
Micro model31/12/201729/06/201824/07/2018DutchPDF
Abridged model31/12/201626/05/201723/06/2017DutchPDF
Abridged model31/12/201530/06/201625/07/2016DutchPDF
Abridged model31/12/201430/06/201527/07/2015DutchPDF
Abridged model31/12/201330/06/201409/09/2014DutchPDF
Abridged model31/12/201228/06/201327/08/2013DutchPDF
Abridged model31/12/201108/06/201229/08/2012DutchPDF
Abridged model31/12/201010/06/201104/08/2011DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2022

1 active · 8 ended

Active mandates

Dirk Van Esbroeck

Director · since 20 mars 2019

Active

Ended mandates

Wendy Michaux

Director · since 01 février 2021

Ended
Dirk Van Esbroeck

Director · since 25 mars 2016 · until 25 mars 2019

Ended
Lies Somers

Director · since 25 mars 2016 · until 25 mars 2019

Ended
Dirk Van Esbroeck

Director · since 29 mars 2013 · until 29 mars 2016

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates17/06/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/02/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/01/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/05/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/05/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other22/12/2010
    DIVERSEN
    PDF
  • Mandates08/06/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other04/06/2010
    WIJZIGING RECHTSVORM - DIVERSEN
    PDF

Similar companies

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

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Timeline

  1. 2022
    Annual accounts 2022-97,3 k €↓
  2. 2021
    Annual accounts 20215,3 k €↑
  3. 2020
    Annual accounts 2020-80,1 k €↓
  4. 2019
    Annual accounts 2019-9,4 k €↑
  5. 2018
    Annual accounts 2018-67,5 k €↑
  6. 2017
    Annual accounts 2017-78,9 k €↓
  7. 2016
    Annual accounts 201652,1 k €↑
  8. 2015
    Annual accounts 20151,5 k €↓
  9. 2014
    Annual accounts 20147,9 k €↑
  10. 2013
    Annual accounts 2013-1,3 k €↑
  11. 2012
    Annual accounts 2012-66,3 k €↓
  12. 2011
    Annual accounts 2011-56,2 k €↓
  13. 2010
    Annual accounts 201011,2 k €
  14. 06/08/1984
    IncorporationCooperative partnership with limited liability with a social purpose