OPENING OF BANKRUPTCY

AVET BUILDING & ENGINEERING

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Financial year 2021 · closed on 31/12/2021

Net result

-27,5 k €

+87.0% YoY

Gross margin

-22,5 k €

+85.6% YoY

Equity

18,2 k €

-93.1% YoY

Workforce

0,5 ETP

-66.7% YoY

Company — Opening of bankruptcy.

What does AVET BUILDING & ENGINEERING do?

AVET BUILDING & ENGINEERING is a Public limited company incorporated in 1988. Its registered office is in Anzegem. It employs on average 0,5 ETP workers (FTE).

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0435.670.550

Incorporation

27/10/1988

Legal form

Public limited company

Registered office

Brouwerijdreef 2
8573 Anzegem · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2021

Average workforce

0,5 ETP

Joint committees (3)

Signals

Good liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	-22,5 k €	+85.6%	-155,5 k €	-313%	73 k €	-60.3%	183,9 k €	+40.3%	131,1 k €	-21.5%	167,1 k €	-38.6%	272 k €	+6.7%	254,8 k €	-1.5%	258,8 k €	-6.1%	275,6 k €	+3.6%	266 k €	-23.2%	346,6 k €	+47.6%	234,8 k €	-54.0%	510,1 k €
EBITDA	-45,6 k €	+80.7%	-236,2 k €	-1811%	-12,4 k €	-165%	19 k €	-43.0%	33,3 k €	-56.9%	77,3 k €	-35.9%	120,6 k €	+6.2%	113,6 k €	-22.4%	146,3 k €	+251%	41,7 k €	+472%	7,3 k €	-95.9%	177,1 k €	+270%	-104 k €	-181%	127,8 k €
Operating result	-34,2 k €	+85.6%	-236,8 k €	-1526%	-14,6 k €	-195%	15,3 k €	+15.8%	13,2 k €	-75.7%	54,5 k €	-41.7%	93,5 k €	+36.2%	68,7 k €	-26.5%	93,5 k €	+560%	-20,3 k €	+66.8%	-61,3 k €	-158%	106,3 k €	+138%	-279,1 k €	-8920%	-3,1 k €
Net result	-27,5 k €	+87.0%	-211,8 k €	-1752%	12,8 k €	-78.8%	60,5 k €	+269%	16,4 k €	-70.7%	55,9 k €	-37.2%	89,1 k €	+72.6%	51,6 k €	-46.7%	96,8 k €	+744%	11,5 k €	-95.0%	228 k €	+185%	79,9 k €	+112%	-683,3 k €	-13432%	-5 k €
Balance sheet
Equity	18,2 k €	-93.1%	264,2 k €	-44.5%	476 k €	-22.4%	613,2 k €	+6.9%	573,5 k €	+2.9%	557,1 k €	+2.9%	541,2 k €	+2.7%	527,2 k €	+10.8%	475,7 k €	+25.5%	379 k €	+3.1%	367,6 k €	+163%	139,6 k €	+144%	-315,1 k €	-186%	368,4 k €
Total assets	248,6 k €	-70.7%	848,2 k €	-17.8%	1 M €	-31.1%	1,5 M €	-18.7%	1,8 M €	+2.9%	1,8 M €	+1.5%	1,8 M €	+15.0%	1,5 M €	+10.9%	1,4 M €	+38.2%	999,8 k €	-29.3%	1,4 M €	+50.1%	942,7 k €	-20.2%	1,2 M €	-30.6%	1,7 M €
Cash	57,4 k €	-27.3%	79 k €	-23.0%	102,6 k €	+1515%	6,4 k €	-95.5%	141,8 k €	+67.3%	84,7 k €	-53.0%	180,2 k €	+76.7%	102 k €	+342140%	29,8 €	-99.9%	49,2 k €	+44.2%	34,1 k €	+174%	12,5 k €	-91.3%	143,9 k €	+544%	22,3 k €
Debts	23,5 k €	-94.6%	431,4 k €	+14.7%	376,3 k €	-46.3%	700,4 k €	-34.4%	1,1 M €	+3.7%	1 M €	+2.0%	1 M €	+26.3%	798,4 k €	+17.0%	682,1 k €	+67.7%	406,7 k €	-53.7%	877,6 k €	+15.3%	761,5 k €	-47.8%	1,5 M €	+20.0%	1,2 M €
Other
Workforce	0,5 ETP	-66.7%	1,5 ETP	0.0%	1,5 ETP	0.0%	1,5 ETP	0.0%	1,5 ETP	-6.3%	1,6 ETP	-33.3%	2,4 ETP	-14.3%	2,8 ETP	+21.7%	2,3 ETP	-43.9%	4,1 ETP	+24.2%	3,3 ETP	+6.5%	3,1 ETP	-16.2%	3,7 ETP	-36.2%	5,8 ETP

Governance

Board of directors

Seen on filing of 31/12/2021 · 2 active · 17 ended

Active mandates

ALPHA-HOME

Director · since 03 juin 2017 · until 03 juin 2023 · 0879.417.341

Represented by Marie-Rose Mattelaer

Active

Marc Avet

Director · since 03 juin 2017 · until 03 juin 2023

Active

Ended mandates

Marc Avet

Managing director · since 03 juin 2017 · until 03 juin 2023

Ended

WGT Project

Managing director · since 04 avril 2010 · 0465.263.666

Represented by Thomas Avet

Ended

Kurt Vanhoucke

Director · since 31 décembre 2007 · until 08 mai 2009

Ended

ALPHA-HOME

Director · 0879.417.341

Represented by Marie-Rose Mattelaer

Ended

Annual accounts

Full financial information

	2021	2020	2019	2018	2017	2016
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2021	01/01/2020	01/01/2019	01/01/2018	01/01/2017	01/01/2016
Closing of the financial year	31/12/2021	31/12/2020	31/12/2019	31/12/2018	31/12/2017	31/12/2016
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/09/2022	31/08/2021	30/09/2020	29/07/2019	20/07/2018	26/07/2017
General meeting	04/06/2022	05/06/2021	05/09/2020	01/06/2019	02/06/2018	03/06/2017
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

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2021	04/06/2022	30/09/2022	Dutch	PDF
Abridged model	31/12/2020	05/06/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	05/09/2020	30/09/2020	Dutch	PDF
Abridged model	31/12/2018	01/06/2019	29/07/2019	Dutch	PDF
Abridged model	31/12/2017	02/06/2018	20/07/2018	Dutch	PDF
Abridged model	31/12/2016	03/06/2017	26/07/2017	Dutch	PDF
Abridged model	31/12/2015	26/03/2016	20/07/2016	Dutch	PDF
Abridged model	31/12/2014	28/03/2015	27/05/2015	Dutch	PDF
Abridged model	31/12/2013	07/06/2014	22/07/2014	Dutch	PDF
Abridged model	31/12/2012	01/06/2013	29/07/2013	Dutch	PDF
Abridged model	31/12/2011	02/06/2012	08/06/2012	Dutch	PDF
Abridged model	31/12/2010	04/06/2011	06/07/2011	Dutch	PDF
Abridged model	31/12/2009	06/04/2010	09/04/2010	Dutch	PDF
Abridged modelCorrection	31/12/2008	06/06/2009	28/10/2009	Dutch	PDF
Abridged model	31/12/2008	06/06/2009	31/07/2009	Dutch	PDF
Abridged model	31/03/2007	15/09/2007	10/10/2007	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 31/12/2021 · 2 active · 17 ended

Active mandates

ALPHA-HOME

Director · since 03 juin 2017 · until 03 juin 2023 · 0879.417.341

Represented by Marie-Rose Mattelaer

Active

Marc Avet

Director · since 03 juin 2017 · until 03 juin 2023

Active

Ended mandates

Marc Avet

Managing director · since 03 juin 2017 · until 03 juin 2023

Ended

WGT Project

Managing director · since 04 avril 2010 · 0465.263.666

Represented by Thomas Avet

Ended

Kurt Vanhoucke

Director · since 31 décembre 2007 · until 08 mai 2009

Ended

ALPHA-HOME

Director · 0879.417.341

Represented by Marie-Rose Mattelaer

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office22/06/2022
MAATSCHAPPELIJKE ZETEL
PDF
Mandates13/09/2017
HERBENOEMING BESTUURDERS, GEDELEGEERD BESTUURDER EN
PDF
Mandates08/07/2014
ONTSLAG BESTUURDER - GEDELEGEERD BESTUURDER |
PDF
Mandates26/07/2011
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares31/07/2009
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates15/06/2009
ontsiag bestuurder
PDF
Mandates10/06/2009
KENNISNAME VRIJWILLIG ONTSLAG BESTUURDER
PDF
Other11/03/2008
BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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

2021
Annual accounts 2021-27,5 k €↑
2019
Annual accounts 2019-211,8 k €↓
2018
Annual accounts 201812,8 k €↓
2017
Annual accounts 201760,5 k €↑
2016
Annual accounts 201616,4 k €↓
2015
Annual accounts 201555,9 k €↓
2014
Annual accounts 201489,1 k €↑
2013
Annual accounts 201351,6 k €↓
2012
Annual accounts 201296,8 k €↑
2011
Annual accounts 201111,5 k €↓
2010
Annual accounts 2010228 k €↑
2009
Annual accounts 200979,9 k €↑
2008
Annual accounts 2008-683,3 k €↓
2007
Annual accounts 2007-5 k €
27/10/1988
IncorporationPublic limited 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

AVET BUILDING & ENGINEERING

Overview

What does AVET BUILDING & ENGINEERING do?

Trend over 14 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