OPENING OF BANKRUPTCY

DE MEUTTER PAUL ELEKTRICITEIT

Company — Opening of bankruptcy.

Financial year 2023 · Closed on 31/12/2023

Net result-1,1 M €-1 384,7 %over 1 year
Revenue23,5 M €-33,3 %over 1 year
Equity4,3 M €-20,4 %over 1 year
Workforce60,7 ETP-20,5 %over 1 year

Identity

Source · BCE/KBO

DE MEUTTER PAUL ELEKTRICITEIT is a Cooperative company with limited liability incorporated in 1988. Its registered office is in Heist-op-den-Berg. It employs on average 60,7 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0436.220.678
Incorporation
23/12/1988
Legal form
Cooperative company with limited liability
Registered office
Industriepark 13B
2220 Heist-op-den-Berg · FlandreSee on map
Contributed capital
30 987,00 €
Latest accounts
31/12/2023
Average workforce
60,7 ETP
Joint committees (3)
  • 14901
  • 200
  • 218
Signals
Solid equityHealthy social debtsHigh revenue

Financials

Source · NBB, 18 filings

Trend over 18 financial years

20232022202120202019
Income statement
Revenue23,5 M €35,2 M €39,4 M €38,5 M €36,1 M €
EBITDA-1 M €195,8 k €732,8 k €1,6 M €1,7 M €
Operating result-1,5 M €-90,9 k €501,3 k €1,1 M €1,4 M €
Net result-1,1 M €-74,7 k €913,5 k €456,7 k €814,8 k €
Balance sheet
Equity4,3 M €5,4 M €5,5 M €4,6 M €4,1 M €
Total assets10,7 M €11,4 M €11,6 M €9,3 M €9,2 M €
Cash840,3 k €2,7 M €3,4 M €3,6 M €2,8 M €
Debts6,3 M €5,9 M €6 M €4,7 M €4,8 M €
Other
Workforce60,7 ETP76,4 ETP87,8 ETP78,8 ETP77,5 ETP

Board of directors

Source · NBB, accounts to 31/12/2023

3 active · 3 ended

Active mandates

Jef De Meutter

Mandate

Active
SEJ

Mandate · 0543.293.436

Active
Sophie Van Dyck

Mandate

Active

Ended mandates

JEF DE MEUTTER

Director

Ended
PAUL DE MEUTTER

Director

Ended
SEJ

Mandate · 0543.293.436

Represented by Jef De Meutter

Ended

Full financial information

Source · NBB
202320222021202020192018
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/08/202420/07/202320/07/202229/07/202128/10/202029/08/2019
General meeting30/06/202430/06/202330/06/202230/06/202130/06/202028/06/2019
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, 18 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202330/06/202427/08/2024DutchPDF
Full model31/12/202230/06/202320/07/2023DutchPDF
Full model31/12/202130/06/202220/07/2022DutchPDF
Full model31/12/202030/06/202129/07/2021DutchPDF
Full model31/12/201930/06/202028/10/2020DutchPDF
Full model31/12/201828/06/201929/08/2019DutchPDF
Full model31/12/201729/06/201810/09/2018DutchPDF
Full model31/12/201606/06/201720/06/2017DutchPDF
Full model31/12/201530/06/201616/08/2016DutchPDF
Full model31/12/201410/06/201509/07/2015DutchPDF
Full model31/12/201303/06/201415/07/2014DutchPDF
Full model31/12/201224/06/201309/07/2013DutchPDF
Full model31/12/201130/06/201220/08/2012DutchPDF
Full model31/12/201007/06/201108/06/2011DutchPDF
Abridged model31/12/200901/06/201007/06/2010DutchPDF
Abridged model31/12/200805/06/200924/06/2009DutchPDF
Abridged model31/12/200701/04/200823/04/2008DutchPDF
Abridged model31/12/200604/05/200721/05/2007DutchPDF

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 31/12/2023

3 active · 3 ended

Active mandates

Jef De Meutter

Mandate

Active
SEJ

Mandate · 0543.293.436

Active
Sophie Van Dyck

Mandate

Active

Ended mandates

JEF DE MEUTTER

Director

Ended
PAUL DE MEUTTER

Director

Ended
SEJ

Mandate · 0543.293.436

Represented by Jef De Meutter

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates12/04/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/06/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares29/11/2013
    DOEL - KAPITAAL - AANDELEN
    PDF
  • Mandates06/05/2003
    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. 2023
    Annual accounts 2023-1,1 M €↓
  2. 2022
    Annual accounts 2022-74,7 k €↓
  3. 2021
    Annual accounts 2021913,5 k €↑
  4. 2020
    Annual accounts 2020456,7 k €↓
  5. 2019
    Annual accounts 2019814,8 k €↓
  6. 2018
    Annual accounts 20181 M €↑
  7. 2017
    Annual accounts 201747,1 k €↑
  8. 2016
    Annual accounts 2016-8,1 k €↓
  9. 2015
    Annual accounts 2015421,9 k €↓
  10. 2014
    Annual accounts 2014426,5 k €↓
  11. 2013
    Annual accounts 2013482,9 k €↓
  12. 2012
    Annual accounts 2012582,1 k €↑
  13. 2011
    Annual accounts 2011504,5 k €↓
  14. 2010
    Annual accounts 2010635,6 k €↑
  15. 2009
    Annual accounts 2009601,3 k €↑
  16. 2008
    Annual accounts 2008347,6 k €↑
  17. 2007
    Annual accounts 2007256,1 k €↓
  18. 2006
    Annual accounts 2006300,3 k €
  19. 23/12/1988
    IncorporationCooperative company with limited liability