VOLUNTARY DISSOLUTION - LIQUIDATION

FORMANOVA

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Financial year 2018 · closed on 30/06/2018
Net result
-31,4 k €
-265.0% YoY
Gross margin
-22,5 k €
-1088.0% YoY
Equity
-224,7 k €
-16.2% YoY

Company — Voluntary dissolution - liquidation.

Strike-off: 10 juillet 2026

What does FORMANOVA do?

FORMANOVA is a Cooperative company with limited liability incorporated in 1989.

Legal situation
● Voluntary dissolution - liquidation
BCE/KBO no. / VAT
BE 0437.671.225
Incorporation
01/06/1989
Legal form
Cooperative company with limited liability
Latest accounts
30/06/2018
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

201820172016201520142013201220112010200920082007
Income statement
Gross margin-22,5 k €2,3 k €-51,9 k €35,4 k €-890 €29,8 k €-8,5 k €8 k €-9,1 k €-14,9 k €-4,3 k €-9,7 k €
EBITDA-23,5 k €1,3 k €-52,9 k €34,9 k €-78,4 k €27,2 k €-9,2 k €7,6 k €-9,9 k €-15,6 k €-5 k €-11 k €
Operating result-31,2 k €-8,4 k €-62,6 k €24,7 k €-86,4 k €18,9 k €-10,2 k €6,2 k €-17 k €-22,9 k €-13,4 k €-19,4 k €
Net result-31,4 k €-8,6 k €-63,1 k €24,3 k €-1,5 k €-26,2 k €1,4 k €6,1 k €-18,5 k €-23,1 k €-12 k €-16,2 k €
Balance sheet
Equity-224,7 k €-193,3 k €-184,7 k €-121,5 k €-145,8 k €-145,1 k €-118,9 k €-120,3 k €-126,4 k €-107,9 k €-84,8 k €-72,8 k €
Total assets7 k €35,7 k €50,4 k €162,8 k €82,4 k €108,2 k €28,8 k €49,8 k €10,6 k €22,8 k €30,3 k €29,5 k €
Cash4 k €20,9 k €9,8 k €8,5 k €14 k €84,4 k €20,7 k €16,4 k €6,7 k €6,9 k €11,2 k €5,7 k €
Debts231,7 k €229 k €235 k €284,4 k €228,2 k €168,3 k €147,7 k €170,1 k €137 k €130,7 k €115,1 k €102,2 k €
Governance

Board of directors

Seen on filing of 30/06/2018 · 2 active · 4 ended

Active mandates

Jan Ketelaer

Chairman of the board of directors · since 30 octobre 2014 · until 30 novembre 2020

Active
Thérèse Fosseur

Director · since 30 octobre 2014 · until 30 novembre 2020

Active

Ended mandates

JAN KETELAER

Chairman of the board of directors · since 01 février 2007 · until 01 février 2012

Ended
JAN KETELAER

Chairman of the board of directors · since 01 février 2001 · until 01 février 2007

Ended
OSWALD STEENHOUDT

Director · since 01 février 2001 · until 05 décembre 2008

Ended
OSWALD STEENHOUDT

Director · since 01 février 2001 · until 05 décembre 2009

Ended
Annual accounts

Full financial information

201820172016201520142013
Type of accountMicro modelMicro modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/201701/07/201601/07/201501/07/201401/07/201301/07/2012
Closing of the financial year30/06/201830/06/201730/06/201630/06/201530/06/201430/06/2013
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/01/201924/01/201806/02/201711/02/201611/02/201529/10/2013
General meeting28/12/201805/01/201804/01/201701/02/201621/11/201418/09/2013
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/201828/12/201831/01/2019DutchPDF
Micro model30/06/201705/01/201824/01/2018DutchPDF
Abridged model30/06/201604/01/201706/02/2017DutchPDF
Abridged model30/06/201501/02/201611/02/2016DutchPDF
Abridged model30/06/201421/11/201411/02/2015DutchPDF
Abridged model30/06/201318/09/201329/10/2013DutchPDF
Abridged model30/06/201224/09/201222/11/2012DutchPDF
Abridged model30/06/201128/09/201128/11/2011DutchPDF
Abridged model30/06/201021/12/201015/01/2011DutchPDF
Abridged model30/06/200921/12/200921/01/2010DutchPDF
Abridged model30/06/200811/11/200820/01/2009DutchPDF
Abridged model30/06/200711/11/200731/01/2008DutchPDF
Abridged model30/06/200611/11/200630/01/2007DutchPDF
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 30/06/2018 · 2 active · 4 ended

Active mandates

Jan Ketelaer

Chairman of the board of directors · since 30 octobre 2014 · until 30 novembre 2020

Active
Thérèse Fosseur

Director · since 30 octobre 2014 · until 30 novembre 2020

Active

Ended mandates

JAN KETELAER

Chairman of the board of directors · since 01 février 2007 · until 01 février 2012

Ended
JAN KETELAER

Chairman of the board of directors · since 01 février 2001 · until 01 février 2007

Ended
OSWALD STEENHOUDT

Director · since 01 février 2001 · until 05 décembre 2008

Ended
OSWALD STEENHOUDT

Director · since 01 février 2001 · until 05 décembre 2009

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2018
    Annual accounts 2018-31,4 k €↓
  2. 2017
    Annual accounts 2017-8,6 k €↑
  3. 2016
    Annual accounts 2016-63,1 k €↓
  4. 2015
    Annual accounts 201524,3 k €↑
  5. 2014
    Annual accounts 2014-1,5 k €↑
  6. 2013
    Annual accounts 2013-26,2 k €↓
  7. 2012
    Annual accounts 20121,4 k €↓
  8. 2011
    Annual accounts 20116,1 k €↑
  9. 2010
    Annual accounts 2010-18,5 k €↑
  10. 2009
    Annual accounts 2009-23,1 k €↓
  11. 2008
    Annual accounts 2008-12 k €↑
  12. 2007
    Annual accounts 2007-16,2 k €
  13. 01/06/1989
    IncorporationCooperative company with limited liability