OPENING OF BANKRUPTCY

IHSAN

Financial year 2021 · closed on 31/12/2021
Net result
-33,1 k €
-848.9% YoY
Gross margin
36,1 k €
-20.6% YoY
Equity
-53 k €
-167.1% YoY

Company — Opening of bankruptcy.

What does IHSAN do?

IHSAN is a Cooperative company with limited liability incorporated in 1987. Its main activity is: Manufacture of bread; manufacture of fresh pastry goods and cakes. Its registered office is in Schaerbeek.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0431.555.374
Incorporation
14/07/1987
Legal form
Cooperative company with limited liability
Registered office
Chaussée de Haecht 345
1030 Schaerbeek · BruxellesSee on map
Contributed capital
18 591,75 €
Latest accounts
31/12/2021
Joint committees (2)
  • 118
  • 201
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin36,1 k €45,5 k €67,7 k €70,9 k €55,7 k €73,6 k €70,6 k €66,9 k €64 k €56,5 k €59 k €38,8 k €62,7 k €48,3 k €53,8 k €83,6 k €
EBITDA-28,7 k €3,4 k €481,3 €4,4 k €5,4 k €17,1 k €4,3 k €-3,9 k €11,3 k €1,5 k €6,8 k €-3,8 k €22,6 k €13,5 k €2,7 k €15 k €
Operating result-29,4 k €-1,3 k €-262,8 €1,7 k €2,7 k €4 k €-16,2 k €-24,6 k €-7,6 k €-18,1 k €-12,5 k €-8,9 k €16 k €1,2 k €-7,3 k €-3,3 k €
Net result-33,1 k €-3,5 k €-2,2 k €497,5 €179,1 €-181,6 €-1,2 k €-17,4 k €741,7 €-5,4 k €-6,9 k €-21,7 k €15,8 k €203,8 €-8,1 k €-1,9 k €
Balance sheet
Equity-53 k €-19,8 k €-16,3 k €-11,7 k €-12,2 k €-12,4 k €-12,2 k €-11 k €6,4 k €5,7 k €11,1 k €18 k €4,7 k €-11,1 k €-11,3 k €-3,3 k €
Total assets16,4 k €12,6 k €17,8 k €15,7 k €18,8 k €19,6 k €35,3 k €62,2 k €82 k €98,1 k €112,6 k €56 k €33,8 k €34,4 k €41,3 k €54,9 k €
Cash4 k €398,2 €2,9 k €2,1 k €2,7 k €753,9 €1,2 k €491,6 €8,4 €1 k €1,4 k €2,5 k €5,8 k €616,2 €1 k €1,4 k €
Debts69,3 k €31,3 k €34,1 k €27,4 k €31,1 k €32 k €47,6 k €73,2 k €75,6 k €92,4 k €101,5 k €37,9 k €29,1 k €45,5 k €52,7 k €58,1 k €
Other
Workforce4,0 ETP3,0 ETP2,0 ETP3,0 ETP4,0 ETP
Annual accounts

Full financial information

202120202019201820172016
Type of accountMicro modelMicro modelMicro modelMicro 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 date31/08/202226/04/202108/05/202017/04/201918/04/201809/06/2017
General meeting31/05/202220/04/202118/04/202012/04/201902/04/201808/06/2017
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202131/05/202231/08/2022FrenchPDF
Micro model31/12/202020/04/202126/04/2021FrenchPDF
Micro model31/12/201918/04/202008/05/2020FrenchPDF
Micro model31/12/201812/04/201917/04/2019FrenchPDF
Micro model31/12/201702/04/201818/04/2018FrenchPDF
Micro model31/12/201608/06/201709/06/2017FrenchPDF
Abridged model31/12/201522/03/201625/05/2016FrenchPDF
Abridged model31/12/201415/04/201512/05/2015FrenchPDF
Abridged model31/12/201307/04/201407/07/2014FrenchPDF
Abridged model31/12/201222/04/201310/06/2013FrenchPDF
Abridged model31/12/201107/03/201214/08/2012FrenchPDF
Abridged model31/12/201020/06/201130/06/2011FrenchPDF
Abridged model31/12/200928/04/201006/07/2010FrenchPDF
Abridged model31/12/200802/05/200911/05/2009FrenchPDF
Abridged model31/12/200730/04/200816/07/2008FrenchPDF
Abridged model31/12/200602/05/200709/07/2007FrenchPDF
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.

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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.

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/03/2023
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/10/2022
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/08/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/10/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/07/2018
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF

Source: Belgian Official Gazette

Competition

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 2021-33,1 k €
  2. 2020
    Annual accounts 2020-3,5 k €
  3. 2019
    Annual accounts 2019-2,2 k €
  4. 2018
    Annual accounts 2018497,5 €
  5. 2017
    Annual accounts 2017179,1 €
  6. 2016
    Annual accounts 2016-181,6 €
  7. 2015
    Annual accounts 2015-1,2 k €
  8. 2014
    Annual accounts 2014-17,4 k €
  9. 2013
    Annual accounts 2013741,7 €
  10. 2012
    Annual accounts 2012-5,4 k €
  11. 2011
    Annual accounts 2011-6,9 k €
  12. 2010
    Annual accounts 2010-21,7 k €
  13. 2009
    Annual accounts 200915,8 k €
  14. 2008
    Annual accounts 2008203,8 €
  15. 2007
    Annual accounts 2007-8,1 k €
  16. 2006
    Annual accounts 2006-1,9 k €
  17. 14/07/1987
    IncorporationCooperative company with limited liability