OPENING OF BANKRUPTCY

T. PALM - ELBO

Company — Opening of bankruptcy.

Financial year 2017 · Closed on 31/12/2017

Net result-673,7 k €+41,8 %over 1 year
Revenue12,5 M €+9,6 %over 1 year
Equity190,9 k €-77,9 %over 1 year
Workforce59,7 ETP-16,7 %over 1 year

Identity

Source · BCE/KBO

T. PALM - ELBO is a Public limited company incorporated in 1990. Its main activity is: Construction of buildings. Its registered office is in Erpe-Mere. It employs on average 59,7 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0441.674.751
Incorporation
21/09/1990
Legal form
Public limited company
Registered office
Oudenaardsesteenweg 281
9420 Erpe-Mere · FlandreSee on map
Latest accounts
31/12/2017
Average workforce
59,7 ETP
Joint committees (2)
  • 124
  • 218
Signals
Healthy social debtsHigh revenue

Financials

Source · NBB, 12 filings

Trend over 12 financial years

20172016201520142013
Income statement
Revenue12,5 M €11,4 M €12,6 M €12,8 M €12,4 M €
EBITDA-437,6 k €-1,1 M €-592,6 k €-126,8 k €-940,9 k €
Operating result-586,5 k €-1,1 M €-588,2 k €-138,2 k €-968,4 k €
Net result-673,7 k €-1,2 M €-621,4 k €891,6 k €-1 M €
Balance sheet
Equity190,9 k €864,6 k €673,3 k €1,3 M €403,1 k €
Total assets7,6 M €7,8 M €7,6 M €6 M €5 M €
Cash140,3 k €144,8 k €82,5 k €249,4 k €263,3 k €
Debts6,7 M €6,4 M €6,5 M €3,9 M €3,5 M €
Other
Workforce59,7 ETP71,7 ETP77,7 ETP79,7 ETP78,3 ETP

Board of directors

Source · NBB, accounts to 31/12/2017

5 active · 33 ended

Active mandates

Pierre PIRARD

Director · since 30 juin 2017 · until 04 mai 2020

Active
Thami LARAKI

Managing director · since 30 juin 2017 · until 04 mai 2020

Active
Guy LEROY

Director · since 06 juin 2016 · until 26 avril 2019

Active
Johan VANDEN DRIESSCHE

Director · since 20 juin 2014 · until 30 juin 2017

Active
BROERS & LARAKI MANAGEMENT

Managing director · since 14 février 2014 · until 30 juin 2017 · 0840.654.260

Represented by Thami LARAKI

Active

Ended mandates

Johan VANDEN DRIESSCHE

Director · since 20 juin 2014 · until 05 mai 2017

Ended
Philippe GILSON

Director · since 20 juin 2014 · until 06 juin 2016

Ended
Philippe GILSON

Director · since 20 juin 2014 · until 05 mai 2017

Ended
Pierre PIRARD

Director · since 20 juin 2014 · until 05 mai 2017

Ended

Full financial information

Source · NBB
201720162015201420132012
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/201701/01/201601/01/201501/01/201401/01/201301/01/2012
Closing of the financial year31/12/201731/12/201631/12/201531/12/201431/12/201331/12/2012
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/08/201805/07/201701/07/201606/07/201514/07/201404/06/2013
General meeting25/06/201830/06/201706/06/201629/06/201520/06/201413/05/2013
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 12 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/201725/06/201829/08/2018DutchPDF
Full model31/12/201630/06/201705/07/2017DutchPDF
Full model31/12/201506/06/201601/07/2016DutchPDF
Full model31/12/201429/06/201506/07/2015DutchPDF
Full model31/12/201320/06/201414/07/2014DutchPDF
Full model31/12/201213/05/201304/06/2013DutchPDF
Full model31/12/201104/05/201231/05/2012DutchPDF
Full model31/12/201006/05/201130/05/2011DutchPDF
Full model31/12/200907/05/201004/06/2010DutchPDF
Full model31/12/200804/05/200928/05/2009DutchPDF
Full model31/12/200705/05/200804/06/2008DutchPDF
Full model31/12/200604/05/200730/05/2007DutchPDF

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 31/12/2017

5 active · 33 ended

Active mandates

Pierre PIRARD

Director · since 30 juin 2017 · until 04 mai 2020

Active
Thami LARAKI

Managing director · since 30 juin 2017 · until 04 mai 2020

Active
Guy LEROY

Director · since 06 juin 2016 · until 26 avril 2019

Active
Johan VANDEN DRIESSCHE

Director · since 20 juin 2014 · until 30 juin 2017

Active
BROERS & LARAKI MANAGEMENT

Managing director · since 14 février 2014 · until 30 juin 2017 · 0840.654.260

Represented by Thami LARAKI

Active

Ended mandates

Johan VANDEN DRIESSCHE

Director · since 20 juin 2014 · until 05 mai 2017

Ended
Philippe GILSON

Director · since 20 juin 2014 · until 06 juin 2016

Ended
Philippe GILSON

Director · since 20 juin 2014 · until 05 mai 2017

Ended
Pierre PIRARD

Director · since 20 juin 2014 · until 05 mai 2017

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates19/11/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/01/2018
    ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates16/11/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares25/07/2016
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares11/02/2016
    KAPITAAL - AANDELEN
    PDF
  • Mandates30/09/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/04/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/01/2013
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

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Timeline

  1. 2017
    Annual accounts 2017-673,7 k €↑
  2. 2016
    Annual accounts 2016-1,2 M €↓
  3. 2015
    Annual accounts 2015-621,4 k €↓
  4. 2014
    Annual accounts 2014891,6 k €↑
  5. 2013
    Annual accounts 2013-1 M €↓
  6. 2012
    Annual accounts 2012-45,2 k €↓
  7. 2011
    Annual accounts 2011459,7 k €↑
  8. 2010
    Annual accounts 2010337,2 k €↑
  9. 2009
    Annual accounts 2009164,6 k €↓
  10. 2008
    Annual accounts 2008169,1 k €↑
  11. 2007
    Annual accounts 2007105,2 k €↑
  12. 2006
    Annual accounts 200649,7 k €
  13. 21/09/1990
    IncorporationPublic limited company