OPENING OF BANKRUPTCY

FRAMAR

Financial year 2020 · closed on 31/12/2020
Net result
4,9 k €
+548.3% YoY
Gross margin
12,4 k €
+3.6% YoY
Equity
15,4 k €
+46.6% YoY

Company — Opening of bankruptcy.

What does FRAMAR do?

FRAMAR is a Private company with limited liability incorporated in 1993. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Beerse.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0450.988.434
Incorporation
30/09/1993
Legal form
Private company with limited liability
Registered office
Stijn Streuvelsstraat 47
2340 Beerse · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
31/12/2020
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin12,4 k €12 k €14,6 k €38,9 k €10,5 k €59,7 k €3,6 k €4,6 k €346,8 €-14,6 k €-6,8 k €18,1 k €55,4 k €10,2 k €-24,9 k €
EBITDA9,2 k €9,5 k €466,1 €32,7 k €9,5 k €59,6 k €3,6 k €4,6 k €-1,1 k €-16 k €-11,2 k €17,9 k €54,2 k €5,7 k €-30,5 k €
Operating result8,8 k €8 k €-1,1 k €31,2 k €9,5 k €59,6 k €2,4 k €3,9 k €-2,5 k €-17,6 k €-12,8 k €14,6 k €50,2 k €960,8 €-35,4 k €
Net result4,9 k €-1,1 k €-3,8 k €11,4 k €9,4 k €59,6 k €2,3 k €3,9 k €-3,1 k €-19,6 k €-14,3 k €17,8 k €40,1 k €-38,5 k €-39,6 k €
Balance sheet
Equity15,4 k €10,5 k €11,6 k €15,4 k €4 k €-5,3 k €-64,9 k €-67,2 k €-71 k €-68 k €-48,4 k €-34,1 k €-51,9 k €-92 k €-53,4 k €
Total assets49,7 k €32,6 k €49,6 k €34,8 k €37,2 k €10,3 k €3,5 k €13 k €7,3 k €13,7 k €11,4 k €34,8 k €29,3 k €71,6 k €158,4 k €
Cash4,9 k €784,4 €1,4 k €6,4 k €6,3 k €8,3 k €3,1 k €3,1 k €3,8 k €3,8 k €3,2 k €4,4 k €3,1 k €858,4 €4,3 k €
Debts34,3 k €22,1 k €38 k €19,4 k €33,2 k €15,6 k €68,4 k €80,1 k €78,3 k €81,6 k €59,8 k €68,9 k €81,1 k €163,5 k €211,9 k €
Other
Workforce0,5 ETP
Governance

Board of directors

Seen on filing of 31/12/2020 · 1 active · 3 ended

Active mandates

TOM SCHOLIERS

Director

Active

Ended mandates

Frank Gowie

Manager

Ended
Mario Van Assche

Manager

Ended
TOM SCHOLIERS

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
IVERCOBankrupt
0695.647.079
Annual accounts

Full financial information

202020192018201720162015
Type of accountMicro modelMicro modelMicro modelMicro modelAbridged modelAbridged 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 date30/08/202126/11/202031/07/201927/07/201811/07/201709/06/2017
General meeting28/05/202129/05/202031/05/201925/05/201809/06/201730/06/2016
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
Micro model31/12/202028/05/202130/08/2021DutchPDF
Micro model31/12/201929/05/202026/11/2020DutchPDF
Micro model31/12/201831/05/201931/07/2019DutchPDF
Micro model31/12/201725/05/201827/07/2018DutchPDF
Abridged model31/12/201609/06/201711/07/2017DutchPDF
Abridged model31/12/201530/06/201609/06/2017DutchPDF
Abridged model31/12/201430/06/201526/01/2016DutchPDF
Abridged model31/12/201329/12/201429/12/2014DutchPDF
Abridged model31/12/201204/06/201326/08/2013DutchPDF
Abridged model31/12/201101/06/201227/08/2012DutchPDF
Abridged model31/12/201007/06/201130/08/2011DutchPDF
Abridged model31/12/200901/06/201029/09/2010DutchPDF
Abridged model31/12/200802/06/200931/08/2009DutchPDF
Abridged model31/12/200703/06/200820/10/2008DutchPDF
Abridged model31/12/200627/02/200817/03/2008DutchPDF
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 · 1 active · 3 ended

Active mandates

TOM SCHOLIERS

Director

Active

Ended mandates

Frank Gowie

Manager

Ended
Mario Van Assche

Manager

Ended
TOM SCHOLIERS

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office31/05/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates29/09/2017
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/05/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/12/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/03/2015
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office18/06/2014
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates04/03/2014
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/10/2010
    ONTSLAGEN - BENOEMINGEN
    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 20204,9 k €
  2. 2019
    Annual accounts 2019-1,1 k €
  3. 2018
    Annual accounts 2018-3,8 k €
  4. 2017
    Annual accounts 201711,4 k €
  5. 2016
    Annual accounts 20169,4 k €
  6. 2015
    Annual accounts 201559,6 k €
  7. 2014
    Annual accounts 20142,3 k €
  8. 2013
    Annual accounts 20133,9 k €
  9. 2012
    Annual accounts 2012-3,1 k €
  10. 2011
    Annual accounts 2011-19,6 k €
  11. 2010
    Annual accounts 2010-14,3 k €
  12. 2009
    Annual accounts 200917,8 k €
  13. 2008
    Annual accounts 200840,1 k €
  14. 2007
    Annual accounts 2007-38,5 k €
  15. 2006
    Annual accounts 2006-39,6 k €
  16. 30/09/1993
    IncorporationPrivate company with limited liability