OPENING OF BANKRUPTCY

G.S.M.

Company — Opening of bankruptcy.

Financial year 2012 · Closed on 31/12/2012

Net result-151,2 k €-152,7 %over 1 year
Gross margin264,1 k €-16,5 %over 1 year
Equity323,4 k €-31,9 %over 1 year
Workforce5,3 ETP+35,9 %over 1 year

Identity

Source · BCE/KBO

G.S.M. is a Public limited company incorporated in 1990. Its main activity is: Sale, maintenance and repair of motorcycles and related parts and accessories. Its registered office is in Beringen. It employs on average 5,3 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0442.116.991
Incorporation
27/09/1990
Legal form
Public limited company
Registered office
Nijverheidspark 2
3580 Beringen · FlandreSee on map
Latest accounts
31/12/2012
Average workforce
5,3 ETP
Joint committees (2)
  • 112
  • 218
Signals
Good liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 7 filings

Trend over 7 financial years

20122011201020092008
Income statement
Gross margin264,1 k €316,3 k €284,6 k €414,4 k €183 k €
EBITDA62,5 k €119,4 k €1 k €130,5 k €-190,4 k €
Operating result-100,8 k €76,9 k €-47,2 k €53,9 k €-277,9 k €
Net result-151,2 k €287,2 k €236,1 k €-28,2 k €-362,4 k €
Balance sheet
Equity323,4 k €474,6 k €187,4 k €-48,7 k €-20,5 k €
Total assets1,9 M €2,2 M €2 M €2,2 M €2,1 M €
Cash14,8 k €12,7 k €8,5 k €8,4 k €21,1 k €
Debts1,6 M €1,7 M €1,8 M €2,2 M €2,1 M €
Other
Workforce5,3 ETP3,9 ETP7,6 ETP7,2 ETP8,3 ETP

Board of directors

Source · NBB, accounts to 31/12/2012

2 active · 2 ended

Active mandates

Christel Theunis

Director · since 25 octobre 2006 · until 25 octobre 2012

Active
Steven Geerkens

Managing director · since 25 octobre 2006 · until 25 octobre 2012

Active

Ended mandates

Christel Theunis

Director · since 01 mai 2006 · until 30 avril 2012

Ended
Steven Geerkens

Managing director · since 01 mai 2006 · until 30 avril 2012

Ended

Other companies at this address

Nijverheidspark 2 3580 Beringen
CompanyCBE no.
LOCA INVESTMENT● Active
0784.901.234
PROBUTEC● Active
0836.433.176

Full financial information

Source · NBB
201220112010200920082007
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/201201/01/201101/01/201001/01/200901/01/200801/01/2007
Closing of the financial year31/12/201231/12/201131/12/201031/12/200931/12/200831/12/2007
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/08/201328/09/201230/09/201127/08/201031/10/200928/10/2008
General meeting06/05/201307/05/201202/05/201103/05/201004/05/200905/05/2008
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, 7 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/201206/05/201330/08/2013DutchPDF
Abridged model31/12/201107/05/201228/09/2012DutchPDF
Abridged model31/12/201002/05/201130/09/2011DutchPDF
Abridged model31/12/200903/05/201027/08/2010DutchPDF
Abridged model31/12/200804/05/200931/10/2009DutchPDF
Abridged model31/12/200705/05/200828/10/2008DutchPDF
Abridged model31/12/200626/09/200727/09/2007DutchPDF

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 31/12/2012

2 active · 2 ended

Active mandates

Christel Theunis

Director · since 25 octobre 2006 · until 25 octobre 2012

Active
Steven Geerkens

Managing director · since 25 octobre 2006 · until 25 octobre 2012

Active

Ended mandates

Christel Theunis

Director · since 01 mai 2006 · until 30 avril 2012

Ended
Steven Geerkens

Managing director · since 01 mai 2006 · until 30 avril 2012

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates06/11/2006
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares03/09/2004
    KAPITAAL - AANDELEN
    PDF
  • Mandates15/09/2003
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/05/2003
    ONTSLAGEN - BENOEMINGEN - MAATSCHAPPELIJKE ZETEL
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2012
    Annual accounts 2012-151,2 k €↓
  2. 2011
    Annual accounts 2011287,2 k €↑
  3. 2010
    Annual accounts 2010236,1 k €↑
  4. 2009
    Annual accounts 2009-28,2 k €↑
  5. 2008
    Annual accounts 2008-362,4 k €↓
  6. 2007
    Annual accounts 2007-84,8 k €↓
  7. 2006
    Annual accounts 200653,6 k €
  8. 27/09/1990
    IncorporationPublic limited company