OPENING OF BANKRUPTCY

EURO-CHEMICALS

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Company — Opening of bankruptcy.

Strike-off: 27 juin 2026

Financial year 2024 · Closed on 30/09/2024

Net result1,3 k €-27,0 %over 1 year
Revenue70,4 k €+14,3 %over 1 year
Equity29,2 k €+4,5 %over 1 year

Identity

Source · BCE/KBO

EURO-CHEMICALS is a Public limited company incorporated in 1988. Its main activity is: Manufacture of other general-purpose machinery n.e.c.. Its registered office is in Wortegem-Petegem.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0435.797.541
Incorporation
21/11/1988
Legal form
Public limited company
Registered office
St. Martinusstraat (P.) 54
9790 Wortegem-Petegem · Flandre
Contributed capital
30 987,00 €
Latest accounts
30/09/2024
Signals
ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 18 financial years

20242023202220212020
Income statement
Revenue70,4 k €61,5 k €61,6 k €60 k €51,1 k €
EBITDA39,5 k €34,7 k €28,8 k €29,2 k €20,9 k €
Operating result1,4 k €1,9 k €-1,5 k €1,1 k €-5,1 k €
Net result1,3 k €1,7 k €-1,7 k €968 €-5,2 k €
Balance sheet
Equity29,2 k €27,9 k €26,2 k €27,8 k €26,9 k €
Total assets514,7 k €492,2 k €468,6 k €446,2 k €424,9 k €
Cash1,3 k €1,2 k €959 €512 €633 €
Debts485,5 k €464,3 k €442,4 k €418,4 k €398 k €

Board of directors

Source · NBB, accounts to 30/09/2024

2 active · 6 ended

Active mandates

Luc Van Ginderachter

Mandate

Active
Patrick Van Ginderachter

Mandate

Active

Ended mandates

IVO VAN GINDERACHTER

Mandate

Ended
IVO VAN GINDERACHTER

Managing director

Ended
LUC VAN GINDERACHTER

Managing director

Ended
PATRICK VAN GINDERACHTER

Managing director

Ended

Full financial information

Source · NBB
202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202301/10/202201/10/202101/10/202001/10/201901/10/2018
Closing of the financial year30/09/202430/09/202330/09/202230/09/202130/09/202030/09/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date19/04/202523/04/202417/04/202331/03/202226/03/202122/04/2020
General meeting22/03/202523/03/202425/03/202326/03/202206/03/202128/03/2020
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202422/03/202519/04/2025DutchPDF
Micro model30/09/202323/03/202423/04/2024DutchPDF
Micro model30/09/202225/03/202317/04/2023DutchPDF
Micro model30/09/202126/03/202231/03/2022DutchPDF
Micro model30/09/202006/03/202126/03/2021DutchPDF
Micro model30/09/201928/03/202022/04/2020DutchPDF
Micro model30/09/201823/03/201903/04/2019DutchPDF
Micro model30/09/201703/03/201827/03/2018DutchPDF
Abridged model30/09/201604/03/201729/03/2017DutchPDF
Abridged model30/09/201509/03/201630/03/2016DutchPDF
Abridged model30/09/201407/03/201525/03/2015DutchPDF
Abridged model30/09/201322/03/201428/04/2014DutchPDF
Abridged model30/09/201223/03/201329/04/2013DutchPDF
Abridged model30/09/201124/03/201226/04/2012DutchPDF
Abridged model30/09/201026/03/201131/03/2011DutchPDF
Abridged model30/09/200927/03/201016/04/2010DutchPDF
Abridged model30/09/200814/03/200907/04/2009DutchPDF
Abridged model30/09/200708/03/200827/03/2008DutchPDF
Abridged model30/09/200603/03/200730/03/2007DutchPDF

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.

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 30/09/2024

2 active · 6 ended

Active mandates

Luc Van Ginderachter

Mandate

Active
Patrick Van Ginderachter

Mandate

Active

Ended mandates

IVO VAN GINDERACHTER

Mandate

Ended
IVO VAN GINDERACHTER

Managing director

Ended
LUC VAN GINDERACHTER

Managing director

Ended
PATRICK VAN GINDERACHTER

Managing director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates06/09/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/07/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/04/2006
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 20241,3 k €↓
  2. 2023
    Annual accounts 20231,7 k €↑
  3. 2022
    Annual accounts 2022-1,7 k €↓
  4. 2021
    Annual accounts 2021968 €↑
  5. 2020
    Annual accounts 2020-5,2 k €↓
  6. 2019
    Annual accounts 20191,1 k €↑
  7. 2018
    Annual accounts 20181,1 k €↓
  8. 2017
    Annual accounts 20172,5 k €↑
  9. 2016
    Annual accounts 20161,7 k €↑
  10. 2015
    Annual accounts 2015377 €↑
  11. 2014
    Annual accounts 2014194 €↓
  12. 2013
    Annual accounts 20135,7 k €↑
  13. 2012
    Annual accounts 2012-9,6 k €↓
  14. 2011
    Annual accounts 2011-489 €↓
  15. 2010
    Annual accounts 201012,8 k €↑
  16. 2009
    Annual accounts 2009-3,8 k €↓
  17. 2008
    Annual accounts 20083,7 k €↑
  18. 2007
    Annual accounts 20073,4 k €
  19. 21/11/1988
    IncorporationPublic limited company