HORELEC
0433.552.881 · rovalta.com · 24/09/2026
VOLUNTARY DISSOLUTION - LIQUIDATION
HORELEC
Financial year 2017 · closed on 30/06/2017
Net result
383,3 k €
+118.9% YoY
Gross margin
5,4 k €
Equity
-1,5 M €
+1.1% YoY
Company — Voluntary dissolution - liquidation.
Overview
What does HORELEC do?
HORELEC is a Public limited company incorporated in 1988. Its registered office is in Ixelles.
Legal situation
● Voluntary dissolution - liquidation
BCE/KBO no. / VAT
BE 0433.552.881
Incorporation
02/03/1988
Legal form
Public limited company
Registered office
Rue du Printemps 33-35
1050 Ixelles · BruxellesSee on map
1050 Ixelles · BruxellesSee on map
Latest accounts
30/06/2017
Joint committees (2)
- 14901
- 218
Signals
ProfitablePositive cashflow
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Financials
Trend over 10 financial years
| 2017 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||
| Gross margin | 5,4 k € | – | – | – | – | – | – | – | – | 392,1 k € | |||||||||
| EBITDA | -2 k € | +99.8% | -961 k € | -727% | -116,2 k € | -199% | 117 k € | -23.5% | 152,9 k € | -32.1% | 225,3 k € | +1.7% | 221,6 k € | -7.0% | 238,3 k € | -17.0% | 287 k € | +129% | 125,6 k € |
| Operating result | -2 k € | +99.8% | -1,3 M € | -172% | -480,5 k € | -949% | 56,6 k € | -41.2% | 96,1 k € | -42.0% | 165,7 k € | +8.3% | 153 k € | -9.6% | 169,3 k € | -25.6% | 227,7 k € | +220% | 71,1 k € |
| Net result | 383,3 k € | +119% | -2 M € | -306% | -498,1 k € | -88695% | -561 € | -103% | 19,8 k € | -5.3% | 20,9 k € | -49.1% | 41,1 k € | +90.2% | 21,6 k € | -11.6% | 24,4 k € | -38.3% | 39,6 k € |
| Balance sheet | |||||||||||||||||||
| Equity | -1,5 M € | +1.1% | -1,5 M € | -380% | 532,1 k € | -48.4% | 1 M € | -0.1% | 1 M € | +2.0% | 1 M € | +2.1% | 990,1 k € | +4.3% | 949 k € | +2.3% | 927,4 k € | +2.7% | 903 k € |
| Total assets | 441,7 k € | -79.2% | 2,1 M € | -49.2% | 4,2 M € | -5.0% | 4,4 M € | +1.3% | 4,3 M € | +5.3% | 4,1 M € | +13.4% | 3,6 M € | -6.7% | 3,9 M € | -30.5% | 5,6 M € | +29.8% | 4,3 M € |
| Cash | 49,8 k € | -78.4% | 230,8 k € | -22.5% | 297,9 k € | +31.5% | 226,5 k € | +503% | 37,6 k € | -73.6% | 142,6 k € | -34.2% | 216,9 k € | -37.9% | 349,2 k € | -16.0% | 415,6 k € | +201% | 138,3 k € |
| Debts | 1,9 M € | -43.8% | 3,4 M € | -6.6% | 3,6 M € | +8.3% | 3,4 M € | +1.8% | 3,3 M € | +6.4% | 3,1 M € | +17.7% | 2,6 M € | -10.1% | 2,9 M € | -37.1% | 4,7 M € | +36.9% | 3,4 M € |
| Other | |||||||||||||||||||
| Workforce | – | 5,5 ETP | -3.5% | 5,7 ETP | -13.6% | 6,6 ETP | 0.0% | 6,6 ETP | +11.9% | 5,9 ETP | -4.8% | 6,2 ETP | +5.1% | 5,9 ETP | -22.4% | 7,6 ETP | -5.0% | 8,0 ETP | |
Governance
Board of directors
Seen on filing of 30/06/2017 · 1 active · 11 ended
Active mandates
ARMAND BRODER
ActiveEnded mandates
David HERSCOVITCH
EndedDavid HERSCOVITCH
EndedDavid HERSCOVITCH
EndedDidier SZPILMAN
EndedFinancials
Annual accounts
Full financial information
| 2017 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/07/2016 | 01/07/2014 | 01/07/2013 | 01/07/2012 | 01/07/2011 | 01/07/2010 |
| Closing of the financial year | 30/06/2017 | 30/06/2015 | 30/06/2014 | 30/06/2013 | 30/06/2012 | 30/06/2011 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 01/02/2018 | 11/02/2016 | 27/02/2015 | 27/02/2014 | 28/02/2013 | 31/01/2012 |
| General meeting | 26/12/2017 | 28/12/2015 | 29/12/2014 | 30/12/2013 | 20/12/2012 | 22/12/2011 |
| 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
11 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 30/06/2017 | 26/12/2017 | 01/02/2018 | French | |
| Full model | 30/06/2015 | 28/12/2015 | 11/02/2016 | French | |
| Full model | 30/06/2014 | 29/12/2014 | 27/02/2015 | French | |
| Full model | 30/06/2013 | 30/12/2013 | 27/02/2014 | French | |
| Full model | 30/06/2012 | 20/12/2012 | 28/02/2013 | French | |
| Full model | 30/06/2011 | 22/12/2011 | 31/01/2012 | French | |
| Full model | 30/06/2010 | 13/09/2010 | 16/09/2010 | French | |
| Full model | 30/06/2009 | 15/12/2009 | 08/02/2010 | French | |
| Full model | 30/06/2008 | 15/12/2008 | 13/02/2009 | French | |
| Abridged model | 30/06/2007 | 27/12/2007 | 31/01/2008 | French | |
| Full model | 30/06/2006 | 04/12/2006 | 31/01/2007 | French |
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 30/06/2017 · 1 active · 11 ended
Active mandates
ARMAND BRODER
ActiveEnded mandates
David HERSCOVITCH
EndedDavid HERSCOVITCH
EndedDavid HERSCOVITCH
EndedDidier SZPILMAN
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates10/02/2016RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...) - DEMISSIONS, NOMINATIONS
- Mandates30/11/2015DEMISSIONS, NOMINATIONS
- Mandates19/04/2012DEMISSIONS, NOMINATIONS
- Mandates13/03/2012DEMISSIONS, NOMINATIONS
- Mandates01/02/2012DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates08/04/2009DEMISSIONS, NOMINATIONS
- Mandates31/03/2008DEMISSIONS, NOMINATIONS
- Mandates15/02/2008DEMISSIONS, NOMINATIONS
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
- 2017Annual accounts 2017383,3 k €↑
- 2015Annual accounts 2015-2 M €↓
- 2014Annual accounts 2014-498,1 k €↓
- 2013Annual accounts 2013-561 €↓
- 2012Annual accounts 201219,8 k €↓
- 2011Annual accounts 201120,9 k €↓
- 2010Annual accounts 201041,1 k €↑
- 2009Annual accounts 200921,6 k €↓
- 2008Annual accounts 200824,4 k €↓
- 2007Annual accounts 200739,6 k €
- 02/03/1988IncorporationPublic limited company