OPENING OF BANKRUPTCY

D&D Insurances

Financial year 2013 · closed on 31/03/2013
Net result
-99 k €
-110.7% YoY
Gross margin
-7,3 k €
-108.5% YoY
Equity
-92,2 k €
-1563.4% YoY
Workforce
2,0 ETP
-28.6% YoY

Company — Opening of bankruptcy.

What does D&D Insurances do?

D&D Insurances is a Private company with limited liability incorporated in 1989. Its main activity is: Real estate agencies. Its registered office is in Geraardsbergen. It employs on average 2,0 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0442.465.597
Incorporation
01/12/1989
Legal form
Private company with limited liability
Registered office
Denderstraat 37
9500 Geraardsbergen · FlandreSee on map
Latest accounts
31/03/2013
Average workforce
2,0 ETP
Signals
Healthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2013201220112010200920082006
Income statement
Gross margin-7,3 k €85,5 k €51,2 k €75,4 k €51,2 k €62,1 k €53,8 k €
EBITDA-83,3 k €-24 k €-56 k €14,4 k €18,4 k €23,3 k €24 k €
Operating result-97,4 k €-32,9 k €-61,7 k €5,7 k €8,6 k €18,6 k €18 k €
Net result-99 k €-47 k €-13,2 k €-10,8 k €-3,6 k €2,6 k €5 k €
Balance sheet
Equity-92,2 k €-5,5 k €41,5 k €54,7 k €65,5 k €69,1 k €66,5 k €
Total assets78,4 k €134,2 k €120,7 k €214,6 k €237,8 k €249,6 k €166,5 k €
Cash88,7 €88,7 €494,6 €2,1 k €3,9 k €4,5 k €800,3 €
Debts170,6 k €139,8 k €79,3 k €160 k €172,3 k €180,4 k €100 k €
Other
Workforce2,0 ETP2,8 ETP2,8 ETP1,8 ETP1,0 ETP1,0 ETP1,0 ETP
Governance

Board of directors

Seen on filing of 31/03/2013 · 1 active · 1 ended

Active mandates

GHISLAIN DE GLAS

Manager

Active

Ended mandates

Roger De Ruyver

Manager

Ended
Annual accounts

Full financial information

201320122011201020092008
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/201201/04/201101/04/201001/04/200901/04/200801/01/2007
Closing of the financial year31/03/201331/03/201231/03/201131/03/201031/03/200931/03/2008
Length of the financial year12 months12 months12 months12 months12 months15 months
Filing date31/12/201330/11/201229/11/201129/11/201030/11/200928/10/2008
General meeting20/12/201315/09/201217/09/201118/09/201019/09/200920/09/2008
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/201320/12/201331/12/2013DutchPDF
Abridged model31/03/201215/09/201230/11/2012DutchPDF
Abridged model31/03/201117/09/201129/11/2011DutchPDF
Abridged model31/03/201018/09/201029/11/2010DutchPDF
Abridged model31/03/200919/09/200930/11/2009DutchPDF
Abridged model31/03/200820/09/200828/10/2008DutchPDF
Abridged model31/12/200607/05/200730/08/2007DutchPDF
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 31/03/2013 · 1 active · 1 ended

Active mandates

GHISLAIN DE GLAS

Manager

Active

Ended mandates

Roger De Ruyver

Manager

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2013
    Annual accounts 2013-99 k €
  2. 2012
    Annual accounts 2012-47 k €
  3. 2011
    Annual accounts 2011-13,2 k €
  4. 2010
    Annual accounts 2010-10,8 k €
  5. 2009
    Annual accounts 2009-3,6 k €
  6. 2008
    Annual accounts 20082,6 k €
  7. 2008
    Name changeD&D Insurances
  8. 2006
    Annual accounts 20065 k €
  9. 2006
    Name changeZAKENKANTOOR DE GLAS - DE RUYVER
  10. 01/12/1989
    IncorporationPrivate company with limited liability