OPENING OF BANKRUPTCY

FINANCIAL ART

Company — Opening of bankruptcy.

Financial year 2014 · Closed on 31/12/2014

Net result-42,9 k €-51,3 %over 1 year
Gross margin161,8 k €+12,0 %over 1 year
Equity-186,1 k €-29,9 %over 1 year
Workforce3,0 ETP+3,4 %over 1 year

Identity

Source · BCE/KBO

FINANCIAL ART is a Public limited company incorporated in 1990. Its main activity is: Manufacture of rubber products. Its registered office is in Villers-la-Ville. It employs on average 3,0 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0441.439.674
Incorporation
31/08/1990
Legal form
Public limited company
Registered office
Rue de l'Enfer 29
1495 Villers-la-Ville · WallonieSee on map
Latest accounts
31/12/2014
Average workforce
3,0 ETP
Joint committees (1)
  • 218
Signals
Positive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 9 filings

Trend over 9 financial years

20142013201220112010
Income statement
Gross margin161,8 k €144,5 k €181,5 k €273,9 k €300,6 k €
EBITDA22,2 k €27,4 k €-16,3 k €54 k €78,1 k €
Operating result-32,3 k €-10,7 k €-63 k €6,8 k €26,4 k €
Net result-42,9 k €-28,3 k €-81,6 k €-7,5 k €13,9 k €
Balance sheet
Equity-186,1 k €-143,2 k €-114,9 k €-33,3 k €-25,8 k €
Total assets189,4 k €237 k €290,5 k €333 k €273,6 k €
Cash20,9 k €132,7 €228,6 €325,2 €2,2 k €
Debts360,7 k €371,1 k €397,6 k €355,7 k €289,1 k €
Other
Workforce3,0 ETP2,9 ETP4,7 ETP5,9 ETP5,3 ETP

Board of directors

Source · NBB, accounts to 31/12/2014

2 active · 8 ended

Active mandates

Pascal FUKS

Managing director · since 01 août 2013 · until 30 mai 2019

Active
Abram FUKS

Director · since 31 mai 2013 · until 30 mai 2019

Active

Ended mandates

Abram FUKS

Director · since 31 mars 2009 · until 31 mai 2013

Ended
Joel VAN RYSSELBERGHE

Director · since 01 août 2007 · until 31 mars 2009

Ended
Joel VAN RYSSELBERGHE

Director · since 01 août 2007 · until 30 mai 2013

Ended
Pascal FUKS

Managing director · since 01 août 2007

Ended

Full financial information

Source · NBB
201420132012201120102009
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/201401/01/201301/01/201201/01/201101/01/201001/01/2009
Closing of the financial year31/12/201431/12/201331/12/201231/12/201131/12/201031/12/2009
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date20/10/201528/07/201427/08/201327/09/201229/08/201131/08/2010
General meeting29/05/201530/05/201431/05/201325/05/201227/05/201128/05/2010
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for 7 days

Annual accounts filings

Source · NBB, 9 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/201429/05/201520/10/2015FrenchPDF
Abridged model31/12/201330/05/201428/07/2014FrenchPDF
Abridged model31/12/201231/05/201327/08/2013FrenchPDF
Abridged model31/12/201125/05/201227/09/2012FrenchPDF
Abridged model31/12/201027/05/201129/08/2011FrenchPDF
Abridged model31/12/200928/05/201031/08/2010FrenchPDF
Abridged model31/12/200829/05/200927/08/2009FrenchPDF
Abridged model31/12/200730/05/200826/08/2008FrenchPDF
Abridged model31/12/200625/05/200702/08/2007FrenchPDF

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 31/12/2014

2 active · 8 ended

Active mandates

Pascal FUKS

Managing director · since 01 août 2013 · until 30 mai 2019

Active
Abram FUKS

Director · since 31 mai 2013 · until 30 mai 2019

Active

Ended mandates

Abram FUKS

Director · since 31 mars 2009 · until 31 mai 2013

Ended
Joel VAN RYSSELBERGHE

Director · since 01 août 2007 · until 31 mars 2009

Ended
Joel VAN RYSSELBERGHE

Director · since 01 août 2007 · until 30 mai 2013

Ended
Pascal FUKS

Managing director · since 01 août 2007

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates15/06/2016
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/08/2014
    SIEGE SOCIAL - ADRESSE AUTRE QUE SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/08/2009
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/12/2007
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/04/2003
    DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2014
    Annual accounts 2014-42,9 k €↓
  2. 2013
    Annual accounts 2013-28,3 k €↑
  3. 2012
    Annual accounts 2012-81,6 k €↓
  4. 2011
    Annual accounts 2011-7,5 k €↓
  5. 2010
    Annual accounts 201013,9 k €↑
  6. 2009
    Annual accounts 2009-38,1 k €↓
  7. 2008
    Annual accounts 2008710,4 €↓
  8. 2007
    Annual accounts 20075,2 k €↑
  9. 2006
    Annual accounts 2006481 €
  10. 31/08/1990
    IncorporationPublic limited company