OPENING OF BANKRUPTCY

HYDROLIFT

Financial year 2016 · closed on 31/12/2016
Net result
-635,5 k €
-3007.5% YoY
Gross margin
4,1 M €
+2.7% YoY
Equity
849,9 k €
-42.8% YoY
Workforce
73,3 ETP
+18.4% YoY

Company — Opening of bankruptcy.

What does HYDROLIFT do?

HYDROLIFT is a Public limited company incorporated in 1990. Its main activity is: Manufacture of electric motors, generators and transformers. Its registered office is in Bree. It employs on average 73,3 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0440.250.831
Incorporation
09/04/1990
Legal form
Public limited company
Registered office
Industrieterrein Kanaal-Noord 1173
3960 Bree · FlandreSee on map
Latest accounts
31/12/2016
Average workforce
73,3 ETP
Joint committees (2)
  • 111
  • 209
Signals
Healthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20162015201420132012201120102009200820072006
Income statement
Gross margin4,1 M €4 M €4,1 M €3,6 M €3,6 M €2,2 M €1,8 M €1,4 M €2,6 M €2,6 M €2,1 M €
EBITDA-12,5 k €548,4 k €568,7 k €182,5 k €184 k €378,5 k €331,3 k €137 k €698,4 k €735,7 k €473,9 k €
Operating result-557,8 k €48 k €81,3 k €-230,4 k €-125,6 k €181,9 k €140,6 k €-122 k €409,1 k €474,4 k €238,6 k €
Net result-635,5 k €-20,5 k €18,3 k €-282,6 k €-190,5 k €130,9 k €88 k €-215,1 k €190,3 k €257,9 k €121,5 k €
Balance sheet
Equity849,9 k €1,5 M €1,5 M €1,5 M €1,8 M €2 M €1,8 M €1,7 M €2 M €1,8 M €1,6 M €
Total assets9,2 M €8,8 M €7,8 M €8,2 M €8,6 M €4,9 M €4,4 M €4 M €6,2 M €5,3 M €4,8 M €
Cash434,3 k €770,6 k €350,2 k €172,8 k €654,7 k €123,9 k €134,5 k €171,9 k €335 €108,8 k €201 k €
Debts8,3 M €7,2 M €6,2 M €6,7 M €6,8 M €2,9 M €2,5 M €2,2 M €4,2 M €3,5 M €3,2 M €
Other
Workforce73,3 ETP61,9 ETP61,3 ETP60,4 ETP59,8 ETP33,7 ETP31,1 ETP34,2 ETP41,3 ETP39,0 ETP35,9 ETP
Governance

Board of directors

Seen on filing of 31/12/2016 · 2 active · 11 ended

Active mandates

Jacques Janssen

Director · since 02 mai 2014 · until 02 mai 2020

Active
Marc Janssen

Managing director · since 02 mai 2014 · until 02 mai 2020

Active

Ended mandates

Jacques Janssen

Director · since 23 décembre 2010 · until 02 mai 2014

Ended
Marc Janssen

Managing director · since 23 décembre 2010 · until 02 mai 2014

Ended
Jacques Janssen

Director · since 23 octobre 2010 · until 02 mai 2014

Ended
Jacques Janssen

Managing director · since 02 mai 2008 · until 02 mai 2014

Ended
At this address

Other companies at this address

CompanyCBE no.
ALLMETActive
0864.931.776
MiFaMeActive
0672.601.859
MULDERS-EVENSActive
0896.896.840
Annual accounts

Full financial information

201620152014201320122011
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/201601/01/201501/01/201401/01/201301/01/201201/01/2011
Closing of the financial year31/12/201631/12/201531/12/201431/12/201331/12/201231/12/2011
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/05/201726/05/201626/05/201523/05/201427/05/201330/05/2012
General meeting02/05/201702/05/201602/05/201502/05/201402/05/201302/05/2012
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/201602/05/201729/05/2017DutchPDF
Abridged model31/12/201502/05/201626/05/2016DutchPDF
Abridged model31/12/201402/05/201526/05/2015DutchPDF
Abridged model31/12/201302/05/201423/05/2014DutchPDF
Abridged model31/12/201202/05/201327/05/2013DutchPDF
Abridged model31/12/201102/05/201230/05/2012DutchPDF
Abridged model31/12/201003/05/201106/06/2011DutchPDF
Abridged model31/12/200903/05/201031/05/2010DutchPDF
Abridged model31/12/200804/05/200929/05/2009DutchPDF
Abridged model31/12/200705/05/200827/05/2008DutchPDF
Abridged model31/12/200602/05/200704/06/2007DutchPDF
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 31/12/2016 · 2 active · 11 ended

Active mandates

Jacques Janssen

Director · since 02 mai 2014 · until 02 mai 2020

Active
Marc Janssen

Managing director · since 02 mai 2014 · until 02 mai 2020

Active

Ended mandates

Jacques Janssen

Director · since 23 décembre 2010 · until 02 mai 2014

Ended
Marc Janssen

Managing director · since 23 décembre 2010 · until 02 mai 2014

Ended
Jacques Janssen

Director · since 23 octobre 2010 · until 02 mai 2014

Ended
Jacques Janssen

Managing director · since 02 mai 2008 · until 02 mai 2014

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Court decision09/08/2017
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
    PDF
  • Capital / shares03/02/2016
    BENAMING - KAPITAAL - AANDELEN
    PDF
  • Mandates27/05/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office25/05/2012
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates10/01/2011
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other22/09/2009
    STATUTENWIJZIGING
    PDF
  • Mandates15/05/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/02/2009
    ONTSLAGEN - BENOEMINGEN
    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

Timeline

  1. 2016
    Annual accounts 2016-635,5 k €
  2. 2015
    Annual accounts 2015-20,5 k €
  3. 2015
    Name changeHYDROLIFT
  4. 2014
    Annual accounts 201418,3 k €
  5. 2013
    Annual accounts 2013-282,6 k €
  6. 2012
    Annual accounts 2012-190,5 k €
  7. 2011
    Annual accounts 2011130,9 k €
  8. 2010
    Annual accounts 201088 k €
  9. 2009
    Annual accounts 2009-215,1 k €
  10. 2008
    Annual accounts 2008190,3 k €
  11. 2007
    Annual accounts 2007257,9 k €
  12. 2006
    Annual accounts 2006121,5 k €
  13. 2006
    Name changeAJK HYDROLIFT
  14. 09/04/1990
    IncorporationPublic limited company