OPENING OF BANKRUPTCY

VERTIRAMA

Financial year 2020 · closed on 31/12/2020
Net result
133,9 k €
-94.8% YoY
Revenue
19,8 M €
+2.4% YoY
Equity
645 k €
+26.2% YoY
Workforce
78,0 ETP
+7.0% YoY

Company — Opening of bankruptcy.

What does VERTIRAMA do?

VERTIRAMA is a Public limited company incorporated in 1990. Its main activity is: Manufacture of products of wood, cork, straw and plaiting materials. Its registered office is in Tielt. It employs on average 78,0 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0441.699.297
Incorporation
01/10/1990
Legal form
Public limited company
Registered office
Meulebeeksesteenweg 22
8700 Tielt · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2020
Average workforce
78,0 ETP
Joint committees (4)
  • 111
  • 116
  • 207
  • 209
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20202019201820172016201520142013201220112011201020092007
Income statement
Revenue19,8 M €19,4 M €15,6 M €13,4 M €11,9 M €9,9 M €10,2 M €7,9 M €7,8 M €
EBITDA894,9 k €3,9 M €370,3 k €730,8 k €227,1 k €728,6 k €1,3 M €1 M €1,4 M €1,3 M €1,4 M €1,4 M €1,5 M €722,4 k €
Operating result505,1 k €3,2 M €-173,4 k €305,2 k €12 k €545,4 k €1,2 M €903,8 k €1,3 M €1,3 M €1,3 M €1,2 M €984,4 k €418,6 k €
Net result133,9 k €2,6 M €-2,9 M €-30,9 k €-153,3 k €3,6 M €847 k €631,9 k €923 k €924,9 k €900,6 k €862,2 k €620,3 k €299,3 k €
Balance sheet
Equity645 k €511,1 k €1,9 M €822,5 k €853,4 k €1 M €546,9 k €1,8 M €1,3 M €445 k €3,5 M €2,6 M €1,8 M €1,1 M €
Total assets8,7 M €9 M €16,8 M €12,3 M €10,8 M €8,2 M €7,3 M €5,5 M €5,7 M €7,4 M €6,7 M €5,8 M €4,4 M €3,3 M €
Cash347,6 k €993,1 k €244,7 k €15,4 k €149,1 k €146,2 k €193,7 k €126,1 k €141,9 k €1,7 M €956 k €249,2 k €490,2 k €95,5 k €
Debts8 M €8,4 M €14,9 M €11,5 M €9,9 M €7 M €6,6 M €3,5 M €4,3 M €6,9 M €3,1 M €3,1 M €2,4 M €2 M €
Other
Workforce78,0 ETP72,9 ETP70,7 ETP60,7 ETP50,7 ETP44,4 ETP39,3 ETP37,9 ETP35,3 ETP34,2 ETP36,9 ETP35,6 ETP33,0 ETP32,6 ETP
Governance

Board of directors

Seen on filing of 31/12/2020 · 3 active · 17 ended

Active mandates

ADVENKO

Director · since 07 janvier 2019 · until 03 mai 2024 · 0845.558.896

Represented by Koen Braekman

Active
E-CAPITAL EQUITY MANAGEMENT

Director · since 07 janvier 2019 · until 03 mai 2024 · 0888.289.475

Represented by Thijs Mertens

Active
VeronaPro Groep

Director · since 07 janvier 2019 · until 03 mai 2024 · 0713.769.748

Represented by Eric VAN ZUIJLEN

Active

Ended mandates

ADVENKO

Managing director · since 07 janvier 2019 · until 03 mai 2024 · 0845.558.896

Represented by Koen BRAEKMAN

Ended
E-CAPITAL EQUITY MANAGEMENT

Chairman of the board of directors · since 07 janvier 2019 · until 03 mai 2024 · 0888.289.475

Represented by Thijs Mertens

Ended
VeronaPro Groep

Managing director · since 07 janvier 2019 · until 03 mai 2024 · 0713.769.748

Represented by Eric VAN ZUIJLEN

Ended
ADVENKO

Managing director · since 04 mai 2015 · until 07 janvier 2019 · 0845.558.896

Represented by Koen BRAEKMAN

Ended
At this address

Other companies at this address

CompanyCBE no.
VerstaenBankrupt
0424.211.583
Annual accounts

Full financial information

202020192018201720162015
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202001/01/201901/01/201801/01/201701/01/201601/01/2015
Closing of the financial year31/12/202031/12/201931/12/201831/12/201731/12/201631/12/2015
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date19/05/202104/06/202020/08/201931/08/201830/08/201711/08/2016
General meeting18/05/202115/05/202009/08/201927/07/201829/08/201706/05/2016
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

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202018/05/202119/05/2021DutchPDF
Full model31/12/201915/05/202004/06/2020DutchPDF
Full model31/12/201809/08/201920/08/2019DutchPDF
Full model31/12/201727/07/201831/08/2018DutchPDF
Full model31/12/201629/08/201730/08/2017DutchPDF
Full model31/12/201506/05/201611/08/2016DutchPDF
Full model31/12/201404/05/201508/07/2015DutchPDF
Full model31/12/201302/05/201430/06/2014DutchPDF
Full model31/12/201203/05/201327/06/2013DutchPDF
Abridged model31/12/201102/04/201227/04/2012DutchPDF
Abridged model31/05/201118/11/201121/11/2011DutchPDF
Abridged model31/05/201019/11/201014/12/2010DutchPDF
Abridged model31/05/200906/10/200907/10/2009DutchPDF
Abridged model30/06/200731/01/200831/01/2008DutchPDF
Abridged model30/06/200608/01/200730/01/2007DutchPDF
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 31/12/2020 · 3 active · 17 ended

Active mandates

ADVENKO

Director · since 07 janvier 2019 · until 03 mai 2024 · 0845.558.896

Represented by Koen Braekman

Active
E-CAPITAL EQUITY MANAGEMENT

Director · since 07 janvier 2019 · until 03 mai 2024 · 0888.289.475

Represented by Thijs Mertens

Active
VeronaPro Groep

Director · since 07 janvier 2019 · until 03 mai 2024 · 0713.769.748

Represented by Eric VAN ZUIJLEN

Active

Ended mandates

ADVENKO

Managing director · since 07 janvier 2019 · until 03 mai 2024 · 0845.558.896

Represented by Koen BRAEKMAN

Ended
E-CAPITAL EQUITY MANAGEMENT

Chairman of the board of directors · since 07 janvier 2019 · until 03 mai 2024 · 0888.289.475

Represented by Thijs Mertens

Ended
VeronaPro Groep

Managing director · since 07 janvier 2019 · until 03 mai 2024 · 0713.769.748

Represented by Eric VAN ZUIJLEN

Ended
ADVENKO

Managing director · since 04 mai 2015 · until 07 janvier 2019 · 0845.558.896

Represented by Koen BRAEKMAN

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates26/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/02/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/04/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/10/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares25/04/2012
    DOEL - KAPITAAL - AANDELEN - WIJZIGING RECHTSVORM
    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. 2020
    Annual accounts 2020133,9 k €
  2. 2019
    Annual accounts 20192,6 M €
  3. 2018
    Annual accounts 2018-2,9 M €
  4. 2017
    Annual accounts 2017-30,9 k €
  5. 2016
    Annual accounts 2016-153,3 k €
  6. 2015
    Annual accounts 20153,6 M €
  7. 2014
    Annual accounts 2014847 k €
  8. 2013
    Annual accounts 2013631,9 k €
  9. 2012
    Annual accounts 2012923 k €
  10. 2011
    Annual accounts 2011924,9 k €
  11. 2011
    Annual accounts 2011900,6 k €
  12. 2010
    Annual accounts 2010862,2 k €
  13. 2009
    Annual accounts 2009620,3 k €
  14. 2007
    Annual accounts 2007299,3 k €
  15. 01/10/1990
    IncorporationPublic limited company