OPENING OF BANKRUPTCY

AVELGEMSE TRANSPORTMAATSCHAPPIJ

Company — Opening of bankruptcy.

Financial year 2023 · Closed on 31/12/2023

Net result35,4 k €+29,0 %over 1 year
Revenue837,3 k €-5,5 %over 1 year
Equity1,1 M €+3,3 %over 1 year
Workforce12,1 ETP-9,0 %over 1 year

Identity

Source · BCE/KBO

AVELGEMSE TRANSPORTMAATSCHAPPIJ is a Public limited company incorporated in 1993. Its main activity is: Freight transport by road. Its registered office is in Avelgem. It employs on average 12,1 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0449.411.391
Incorporation
16/02/1993
Legal form
Public limited company
Registered office
Huttegemstraat 52
8580 Avelgem · FlandreSee on map
Contributed capital
75 000,00 €
Latest accounts
31/12/2023
Average workforce
12,1 ETP
Joint committees (6)
  • 140
  • 140.341
  • 140.348
  • 218
  • 226
  • 226-140.03
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 18 filings

Trend over 16 financial years

20232022202120202019
Income statement
Revenue837,3 k €886,1 k €841,3 k €612,9 k €730,3 k €
EBITDA37 k €51,4 k €21,8 k €14,2 k €20,5 k €
Operating result37 k €51,4 k €21,8 k €14,2 k €20,5 k €
Net result35,4 k €27,4 k €11,2 k €12 k €7 k €
Balance sheet
Equity1,1 M €1,1 M €1,1 M €1 M €1 M €
Total assets1,4 M €1,3 M €1,3 M €1,2 M €1,2 M €
Cash5,4 k €4,2 k €10,5 k €6 k €2,2 k €
Debts321,1 k €209,1 k €174,8 k €132,2 k €143,3 k €
Other
Workforce12,1 ETP13,3 ETP13,7 ETP12,2 ETP12,2 ETP

Board of directors

Source · NBB, accounts to 31/12/2023

2 active · 38 ended

Active mandates

Ekhard Depken

Director · since 04 octobre 2019 · until 10 mars 2025

Active
Julian Pötzl

Director · since 04 octobre 2019 · until 10 mars 2025

Active

Ended mandates

Jan Christopher KIMMIG

Director · since 30 septembre 2020 · until 01 octobre 2026

Ended
Joost Göttgens

Director · since 04 octobre 2019 · until 10 mars 2025

Ended
Kate Tinsley

Director · since 10 novembre 2017 · until 01 mai 2019

Ended
Kate Tinsley

Director · since 10 novembre 2017 · until 10 novembre 2023

Ended

Full financial information

Source · NBB
202320222021202020192018
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/06/202426/06/202316/06/202222/06/202121/08/202012/06/2019
General meeting28/06/202402/06/202315/06/202217/06/202118/08/202022/05/2019
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, 18 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202328/06/202428/06/2024DutchPDF
Full model31/12/202202/06/202326/06/2023DutchPDF
Full model31/12/202115/06/202216/06/2022DutchPDF
Full model31/12/202017/06/202122/06/2021DutchPDF
Full model31/12/201918/08/202021/08/2020DutchPDF
Full model31/12/201822/05/201912/06/2019DutchPDF
Full model31/12/201701/06/201811/06/2018DutchPDF
Full model31/12/201625/04/201722/05/2017DutchPDF
Full model31/12/201509/05/201626/05/2016DutchPDF
Full model31/12/201429/05/201524/06/2015DutchPDF
Full model31/12/201314/05/201425/06/2014DutchPDF
Full model31/12/201225/04/201303/06/2013DutchPDF
Abridged model31/03/201202/06/201211/06/2012DutchPDF
Abridged model31/03/201104/06/201115/06/2011DutchPDF
Abridged model31/03/201005/06/201014/06/2010DutchPDF
Abridged model31/03/200906/06/200907/06/2009DutchPDF
Abridged model31/03/200807/06/200811/06/2008DutchPDF
Abridged model31/03/200702/06/200706/06/2007DutchPDF

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 31/12/2023

2 active · 38 ended

Active mandates

Ekhard Depken

Director · since 04 octobre 2019 · until 10 mars 2025

Active
Julian Pötzl

Director · since 04 octobre 2019 · until 10 mars 2025

Active

Ended mandates

Jan Christopher KIMMIG

Director · since 30 septembre 2020 · until 01 octobre 2026

Ended
Joost Göttgens

Director · since 04 octobre 2019 · until 10 mars 2025

Ended
Kate Tinsley

Director · since 10 novembre 2017 · until 01 mai 2019

Ended
Kate Tinsley

Director · since 10 novembre 2017 · until 10 novembre 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates26/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other20/11/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates21/10/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/01/2020
    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. 2023
    Annual accounts 202335,4 k €↑
  2. 2022
    Annual accounts 202227,4 k €↑
  3. 2021
    Annual accounts 202111,2 k €↓
  4. 2020
    Annual accounts 202012 k €↑
  5. 2019
    Annual accounts 20197 k €↓
  6. 2018
    Annual accounts 201812,6 k €↓
  7. 2017
    Annual accounts 201713 k €↓
  8. 2016
    Annual accounts 201615,8 k €↑
  9. 2015
    Annual accounts 2015-15,4 k €↓
  10. 2014
    Annual accounts 201445,9 k €↑
  11. 2013
    Annual accounts 201329,4 k €↓
  12. 2012
    Annual accounts 201296,8 k €↓
  13. 2012
    Annual accounts 2012140,7 k €↑
  14. 2011
    Annual accounts 201194,1 k €↓
  15. 2010
    Annual accounts 2010157,6 k €↓
  16. 2009
    Annual accounts 2009176,9 k €
  17. 16/02/1993
    IncorporationPublic limited company