OPENING OF BANKRUPTCY

RAVODEC

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Company — Opening of bankruptcy.

Financial year 2018 · Closed on 30/09/2018

Net result788,9 €-98,7 %over 1 year

Gross margin645,3 k €-54,3 %over 1 year

Equity129,4 k €+0,6 %over 1 year

Identity

Source · BCE/KBO

RAVODEC is a Public limited company incorporated in 1989. Its main activity is: Manufacture of doors and windows of metal. Its registered office is in Bornem.

Legal situation: Opening of bankruptcy
BCE/KBO no. / VAT: BE 0437.363.102
Incorporation: 11/04/1989
Legal form: Public limited company
Registered office: Rijksweg(BOR) 15 box A
2880 Bornem · FlandreSee on map
Latest accounts: 30/09/2019

Activities (NACE)

25120Manufacture of doors and windows of metal· main 25120Manufacture of doors and windows of metal 43320Joinery installation 43320Joinery installation

Joint committees (2)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 13 filings

Trend over 11 financial years

	2018		2017		2015		2014		2013
Income statement
Gross margin	645,3 k €	-54.3%	1,4 M €	+88.9%	747,1 k €	-5.1%	787,5 k €	-8.5%	860,7 k €
EBITDA	305,9 k €	-51.2%	626,3 k €	+234%	187,7 k €	-19.2%	232,4 k €	-3.6%	241 k €
Operating result	81,5 k €	-66.9%	246,4 k €	+868%	25,5 k €	-24.9%	33,9 k €	-54.2%	74 k €
Net result	788,9 €	-98.7%	61,1 k €	+311%	-28,9 k €	-79.5%	-16,1 k €	-255%	10,4 k €
Balance sheet
Equity	129,4 k €	+0.6%	128,7 k €	+90.4%	67,6 k €	-30.0%	96,5 k €	-14.3%	112,6 k €
Total assets	4,7 M €	-0.6%	4,7 M €	+209%	1,5 M €	+5.6%	1,5 M €	-20.4%	1,8 M €
Cash	40,5 k €	+664%	5,3 k €	-91.0%	58,9 k €	-26.4%	80 k €	-3.1%	82,6 k €
Debts	4,6 M €	-0.6%	4,6 M €	+215%	1,5 M €	+8.1%	1,4 M €	-20.8%	1,7 M €
Other
Workforce	7,9 ETP	-18.6%	9,7 ETP	-13.4%	11,2 ETP	-5.1%	11,8 ETP	-1.7%	12,0 ETP

Board of directors

Source · NBB, accounts to 30/09/2019

2 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
VEPECO0899.748.838Represented by Louis Van Pellicom	Managing director18/09/2018 → 28/02/2026Mandate18/09/2008 → 2018 accountsendedDirector16/09/2008 → 2013 accountsended
Joris Van Pellicom	Director30/05/2014 → 29/05/2020Mandate30/05/2014 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
MS Management0447.524.148Represented by Marc Sillis	Director16/09/2008 → 2013 accounts
GUY DE VOS	Director31/03/2005 → 2007 accounts
MARC SILLIS	Managing director31/03/2005 → 2007 accounts

Other companies at this address

Rijksweg(BOR) 15 2880 Bornem

Company	CBE no.
BOUWTECHNIEK● Active	0737.367.274
EUROPEAN MASTER BATCH● Active	0421.485.289
RIMATEX● Bankrupt	0448.280.451
Roarco● Active	0655.730.391
SORIBA● Bankrupt	0471.417.921

Full financial information

Source · NBB

	2019	2018	2017	2015	2014	2013
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2018	01/10/2017	01/01/2016	01/01/2015	01/01/2014	01/01/2013
Closing of the financial year	30/09/2019	30/09/2018	30/09/2017	31/12/2015	31/12/2014	31/12/2013
Length of the financial year	12 months	12 months	21 months	12 months	12 months	12 months
Filing date	30/04/2020	02/04/2019	30/03/2018	29/07/2016	11/06/2015	26/06/2014
General meeting	25/04/2020	25/03/2019	24/02/2018	27/06/2016	29/05/2015	30/05/2014
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 13 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2019	25/04/2020	30/04/2020	Dutch	PDF
Abridged model	30/09/2018	25/03/2019	02/04/2019	Dutch	PDF
Abridged model	30/09/2017	24/02/2018	30/03/2018	Dutch	PDF
Abridged model	31/12/2015	27/06/2016	29/07/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	11/06/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	26/06/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	12/06/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	30/07/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	27/05/2011	Dutch	PDF
Abridged model	31/12/2009	30/07/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	02/07/2009	Dutch	PDF
Abridged model	31/12/2007	29/04/2008	27/05/2008	Dutch	PDF
Abridged model	31/12/2006	28/05/2007	26/06/2007	Dutch	PDF

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 30/09/2019

2 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
VEPECO0899.748.838Represented by Louis Van Pellicom	Managing director18/09/2018 → 28/02/2026Mandate18/09/2008 → 2018 accountsendedDirector16/09/2008 → 2013 accountsended
Joris Van Pellicom	Director30/05/2014 → 29/05/2020Mandate30/05/2014 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
MS Management0447.524.148Represented by Marc Sillis	Director16/09/2008 → 2013 accounts
GUY DE VOS	Director31/03/2005 → 2007 accounts
MARC SILLIS	Managing director31/03/2005 → 2007 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates25/01/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/06/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/06/2020
ONTSLAGEN - BENOEMINGEN
PDF
Other10/01/2017
ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates07/08/2014
ONTSLAGEN - BENOEMINGEN
PDF
Other13/10/2008
algehele aanpassing
PDF
Registered office02/08/2007
VERPLAATSING MAATSCHAPPELIJKE ZETEL |
PDF
Mandates21/10/2005
ONTSLAGEN - BENOEMINGEN
PDF

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Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings11 filings

Mandates

VEPECO

Joris Van Pellicom

MS Management

MARC SILLIS

GUY DE VOS

19891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

RACOM

No data

Managing directorDirector

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rijksweg(BOR) 15 bte A, 2880 BornemCurrent		CBE

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
RAVODECCurrent		CBE
RACOM	accounts 2008 → 2019	Accounts 2019 · 2020-10900029
PACKWARE	accounts 2007	Accounts 2007 · 2008-16200062

Events

2018
Annual accounts 2018788,9 €↓
2017
Annual accounts 201761,1 k €↑
2015
Annual accounts 2015-28,9 k €↓
2014
Annual accounts 2014-16,1 k €↓
2013
Annual accounts 201310,4 k €↓
2012
Annual accounts 201224,3 k €↑
2011
Annual accounts 201114,6 k €↓
2010
Annual accounts 2010143,7 k €↑
2009
Annual accounts 2009-309,2 k €↓
2008
Annual accounts 200876 k €↑
2008
Name changeRACOM
2007
Annual accounts 200767,3 k €
11/04/1989
IncorporationPublic limited company

RAVODEC

Overview

Identity

Financials

Board of directors

Other companies at this address

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

Timeline

Registered offices

Company names

Events