OPENING OF BANKRUPTCY

Deutz Aviation Technics (Belgium)

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Company — Opening of bankruptcy.

Financial year 2020 · Closed on 31/12/2020

Net result106,6 k €-4,3 %over 1 year
Gross margin525,2 k €-0,5 %over 1 year
Equity732,9 k €+17,0 %over 1 year
Workforce8,6 ETP+7,5 %over 1 year

Identity

Source · BCE/KBO

Deutz Aviation Technics (Belgium) is a Public limited company incorporated in 1988. Its main activity is: Manufacture of consumer electronics. Its registered office is in Genk. It employs on average 8,6 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0433.594.255
Incorporation
08/03/1988
Legal form
Public limited company
Registered office
Vliegplein 2 box 1
3600 Genk · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2020
Average workforce
8,6 ETP
Joint committees (1)
  • 14901
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 15 filings

Trend over 15 financial years

20202019201820172016
Income statement
Gross margin525,2 k €528,1 k €505,8 k €366,9 k €400,6 k €
EBITDA138,3 k €156,9 k €135 k €40,5 k €47,8 k €
Operating result137,3 k €156,6 k €129,6 k €29 k €31,5 k €
Net result106,6 k €111,4 k €87,9 k €44,7 k €23,4 k €
Balance sheet
Equity732,9 k €626,3 k €515 k €427 k €382,3 k €
Total assets1 M €947 k €879,9 k €665,6 k €889,2 k €
Cash55,8 k €440,6 k €167,3 k €144,9 k €162,3 k €
Debts281,8 k €320,3 k €364,5 k €183,4 k €452,6 k €
Other
Workforce8,6 ETP8,0 ETP7,8 ETP7,3 ETP7,8 ETP

Board of directors

Source · NBB, accounts to 31/12/2020

2 active · 8 ended

Active mandates

CLANCY

Managing director · since 11 août 2020 · until 11 août 2026 · 0462.020.502

Represented by PHILIP DEUTZ

Active
EDMOND VANDEVOORDE

Director · since 31 mai 2017 · until 31 mai 2023

Active

Ended mandates

EDIVAN

Director · since 31 mai 2017 · until 11 août 2020 · 0861.254.882

Represented by EDMOND VANDEVOORDE

Ended
EDIVAN

Director · since 31 mai 2017 · until 31 mai 2023 · 0861.254.882

Represented by EDMOND VANDEVOORDE

Ended
EDMOND VANDEVOORDE

Chairman of the board of directors · since 31 mai 2017 · until 31 mai 2023

Ended
BART VANDOORNE

Director

Ended

Other companies at this address

Vliegplein 2 3600 Genk
CompanyCBE no.
Aircraft Solutions● Active
0843.922.368
LIMBURG MAINTENANCE● Liquidation
0466.535.950
SMETS AVIATION SERVICE● Bankrupt
0442.606.248
ZetWee● Bankrupt
0545.830.876

Full financial information

Source · NBB
202020192018201720162015
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date28/06/202112/08/202025/06/201931/05/201806/06/201717/06/2016
General meeting28/05/202111/08/202031/05/201931/05/201831/05/201731/05/2016
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
Abridged model31/12/202028/05/202128/06/2021DutchPDF
Abridged model31/12/201911/08/202012/08/2020DutchPDF
Abridged model31/12/201831/05/201925/06/2019DutchPDF
Abridged model31/12/201731/05/201831/05/2018DutchPDF
Abridged model31/12/201631/05/201706/06/2017DutchPDF
Abridged model31/12/201531/05/201617/06/2016DutchPDF
Abridged model31/12/201429/05/201518/06/2015DutchPDF
Abridged model31/12/201330/05/201423/06/2014DutchPDF
Abridged model31/12/201231/05/201317/06/2013DutchPDF
Abridged model31/12/201131/05/201208/08/2012DutchPDF
Abridged model31/12/201031/05/201106/06/2011DutchPDF
Abridged model31/12/200931/05/201024/06/2010DutchPDF
Abridged model31/12/200829/05/200930/06/2009DutchPDF
Abridged model31/12/200730/05/200803/06/2008DutchPDF
Abridged model31/12/200631/05/200719/06/2007DutchPDF

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

2 active · 8 ended

Active mandates

CLANCY

Managing director · since 11 août 2020 · until 11 août 2026 · 0462.020.502

Represented by PHILIP DEUTZ

Active
EDMOND VANDEVOORDE

Director · since 31 mai 2017 · until 31 mai 2023

Active

Ended mandates

EDIVAN

Director · since 31 mai 2017 · until 11 août 2020 · 0861.254.882

Represented by EDMOND VANDEVOORDE

Ended
EDIVAN

Director · since 31 mai 2017 · until 31 mai 2023 · 0861.254.882

Represented by EDMOND VANDEVOORDE

Ended
EDMOND VANDEVOORDE

Chairman of the board of directors · since 31 mai 2017 · until 31 mai 2023

Ended
BART VANDOORNE

Director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates03/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other04/07/2022
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates11/04/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other06/12/2021
    BENAMING - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates02/10/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/06/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/10/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/08/2012
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

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Timeline

  1. 2020
    Annual accounts 2020106,6 k €↓
  2. 2019
    Annual accounts 2019111,4 k €↑
  3. 2018
    Annual accounts 201887,9 k €↑
  4. 2017
    Annual accounts 201744,7 k €↑
  5. 2016
    Annual accounts 201623,4 k €↓
  6. 2015
    Annual accounts 201569,2 k €↑
  7. 2014
    Annual accounts 2014-5,9 k €↓
  8. 2013
    Annual accounts 20139,7 k €↓
  9. 2012
    Annual accounts 201216,4 k €↓
  10. 2011
    Annual accounts 201120,4 k €↑
  11. 2010
    Annual accounts 20107,6 k €↓
  12. 2009
    Annual accounts 200918,8 k €↓
  13. 2008
    Annual accounts 200835,3 k €↑
  14. 2007
    Annual accounts 200723,1 k €↓
  15. 2006
    Annual accounts 200634 k €
  16. 08/03/1988
    IncorporationPublic limited company