JUDICIAL DISSOLUTION OR NULLITY

LETTERAM

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Financial year 2019 · closed on 31/12/2019

Net result

-2 k €

+72.9% YoY

Gross margin

-1,8 k €

+73.3% YoY

Equity

84,1 k €

-12.1% YoY

Company — Judicial dissolution or nullity.

What does LETTERAM do?

LETTERAM is a Cooperative company with limited liability incorporated in 1989. Its registered office is in Woluwe-Saint-Lambert.

Legal situation

● Judicial dissolution or nullity

BCE/KBO no. / VAT

BE 0439.122.166

Incorporation

15/12/1989

Legal form

Cooperative company with limited liability

Registered office

Avenue du Péage 51 box 2
1200 Woluwe-Saint-Lambert · BruxellesSee on map

Latest accounts

31/12/2019

Joint committees (1)

Signals

Solid equityGood liquidity

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 12 financial years

	2019		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	-1,8 k €	+73.3%	-6,9 k €	-335%	-1,6 k €	-102%	73,2 k €	+1666%	-4,7 k €	-107%	66,1 k €	+1033%	5,8 k €	+29.4%	4,5 k €	+160%	-7,5 k €	-52.8%	-4,9 k €	-126%	19,3 k €	-75.2%	77,8 k €
EBITDA	-1,8 k €	+74.6%	-7,2 k €	-256%	-2 k €	-103%	59,8 k €	+1204%	-5,4 k €	-108%	65,6 k €	+3183%	-2,1 k €	+65.4%	-6,1 k €	+66.7%	-18,5 k €	-22.1%	-15,1 k €	-243%	10,5 k €	-81.2%	56 k €
Operating result	-1,8 k €	+74.6%	-7,2 k €	-256%	-2 k €	-103%	59,8 k €	+929%	-7,2 k €	-111%	64,7 k €	+1748%	-3,9 k €	+62.1%	-10,4 k €	+57.9%	-24,6 k €	+16.5%	-29,4 k €	-601%	-4,2 k €	-110%	41,2 k €
Net result	-2 k €	+72.9%	-7,5 k €	-334%	-1,7 k €	-104%	41,5 k €	+662%	-7,4 k €	-113%	57,9 k €	+1034%	-6,2 k €	+48.6%	-12,1 k €	+52.6%	-25,5 k €	+19.1%	-31,5 k €	-871%	-3,2 k €	-120%	16,4 k €
Balance sheet
Equity	84,1 k €	-12.1%	95,7 k €	-7.3%	103,1 k €	-1.6%	104,9 k €	+65.4%	63,4 k €	-10.4%	70,8 k €	+450%	12,9 k €	-32.5%	19,1 k €	-38.7%	31,1 k €	-45.0%	56,6 k €	-35.8%	88,1 k €	-3.6%	91,3 k €
Total assets	84,6 k €	-11.6%	95,7 k €	-7.5%	103,4 k €	-16.1%	123,3 k €	+94.5%	63,4 k €	-18.6%	77,9 k €	+45.3%	53,6 k €	-10.7%	60 k €	-3.9%	62,4 k €	-22.1%	80,1 k €	-25.4%	107,3 k €	-22.9%	139,2 k €
Cash	57,9 k €	-38.2%	93,7 k €	+17.3%	79,9 k €	-19.3%	98,9 k €	+278%	26,2 k €	-35.8%	40,7 k €	+7983%	504 €	-36.4%	793 €	+48.8%	533 €	-30.9%	771 €	-75.7%	3,2 k €	-83.1%	18,8 k €
Debts	500 €		–		275 €	-98.5%	18,4 k €		–		7,1 k €	-82.6%	40,7 k €	-0.5%	40,9 k €	+30.8%	31,3 k €	+64.4%	19 k €	-1.1%	19,2 k €	-59.8%	47,9 k €
Other
Workforce	–		–		–		–		–		–		0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP

Governance

Board of directors

Seen on filing of 31/12/2019 · 1 active · 3 ended

Active mandates

CHARLES DE LA VALLEE POUSSIN

Liquidator · since 10 janvier 2020

Active

Ended mandates

Augusta NOSCHESE

Administrator - manager · since 15 décembre 1989

Ended

Fernand DEBAL

Director · since 15 décembre 1989

Ended

Vincent BESTARD

Associate

Ended

At this address

Other companies at this address

Company	CBE no.
ACP Résidence Péage 51 à Woluwe-Saint-Lambert● Active	1013.414.923

Annual accounts

Full financial information

	2019	2017	2016	2015	2014	2013
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2019	01/01/2017	01/01/2016	01/01/2015	01/01/2014	01/01/2013
Closing of the financial year	31/12/2019	31/12/2017	31/12/2016	31/12/2015	31/12/2014	31/12/2013
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/06/2020	26/06/2018	30/06/2017	26/09/2016	21/08/2015	30/06/2014
General meeting	30/06/2020	11/06/2018	09/06/2017	10/06/2016	12/06/2015	13/06/2014
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

Ratios

Financial ratios

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Filings

Annual accounts filings

13 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2019	30/06/2020	30/06/2020	French	PDF
Abridged model	31/12/2017	11/06/2018	26/06/2018	French	PDF
Abridged model	31/12/2016	09/06/2017	30/06/2017	French	PDF
Abridged model	31/12/2015	10/06/2016	26/09/2016	French	PDF
Abridged model	31/12/2014	12/06/2015	21/08/2015	French	PDF
Abridged model	31/12/2013	13/06/2014	30/06/2014	French	PDF
Abridged model	31/12/2012	14/06/2013	15/07/2013	French	PDF
Abridged model	31/12/2011	08/06/2012	11/01/2013	French	PDF
Abridged model	31/12/2010	10/06/2011	18/08/2011	French	PDF
Abridged model	31/12/2009	11/06/2010	23/08/2010	French	PDF
Abridged model	31/12/2008	12/06/2009	26/08/2009	French	PDF
Abridged model	31/12/2007	13/06/2008	25/03/2009	French	PDF
Abridged model	31/12/2006	09/03/2007	26/03/2007	French	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 31/12/2019 · 1 active · 3 ended

Active mandates

CHARLES DE LA VALLEE POUSSIN

Liquidator · since 10 janvier 2020

Active

Ended mandates

Augusta NOSCHESE

Administrator - manager · since 15 décembre 1989

Ended

Fernand DEBAL

Director · since 15 décembre 1989

Ended

Vincent BESTARD

Associate

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Court decision05/03/2020
RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...)
PDF
Mandates08/01/2013
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates28/10/2003
DEMISSIONS, NOMINATIONS
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

2019
Annual accounts 2019-2 k €↑
2017
Annual accounts 2017-7,5 k €↓
2016
Annual accounts 2016-1,7 k €↓
2015
Annual accounts 201541,5 k €↑
2014
Annual accounts 2014-7,4 k €↓
2013
Annual accounts 201357,9 k €↑
2012
Annual accounts 2012-6,2 k €↑
2011
Annual accounts 2011-12,1 k €↑
2010
Annual accounts 2010-25,5 k €↑
2009
Annual accounts 2009-31,5 k €↓
2008
Annual accounts 2008-3,2 k €↓
2007
Annual accounts 200716,4 k €
15/12/1989
IncorporationCooperative company with limited liability

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

LETTERAM

Overview

What does LETTERAM do?

Trend over 12 financial years

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