OPENING OF BANKRUPTCY

FINALITE

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Financial year 2019 · closed on 31/12/2019

Net result

22,6 k €

+435.6% YoY

Gross margin

55,9 k €

+152.5% YoY

Equity

182,9 k €

+14.1% YoY

Company — Opening of bankruptcy.

What does FINALITE do?

FINALITE is a Public limited company incorporated in 1994. Its registered office is in Saint-Ghislain.

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0452.245.672

Incorporation

24/03/1994

Legal form

Public limited company

Registered office

Zone art. de la Rivièrette(SG) 9
7330 Saint-Ghislain · Wallonie

Latest accounts

31/12/2019

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	55,9 k €	+152%	22,1 k €	-45.3%	40,5 k €	-53.5%	87,1 k €	+8.0%	80,7 k €	+52.2%	53 k €	+111%	25,1 k €	-38.0%	40,5 k €	+294%	10,3 k €	-75.8%	42,6 k €	+14.7%	37,1 k €	-32.1%	54,7 k €	-47.8%	104,8 k €	+3211%	-3,4 k €
EBITDA	54 k €	+156%	21,1 k €	+43.2%	14,7 k €	-82.8%	85,9 k €	+7.8%	79,7 k €	+53.0%	52,1 k €	+108%	25 k €	-38.0%	40,4 k €	+336%	9,3 k €	-78.2%	42,5 k €	+14.7%	37 k €	-25.0%	49,4 k €	-52.9%	104,8 k €	+3210%	-3,4 k €
Operating result	31,4 k €	+2275%	-1,4 k €	+92.3%	-18,7 k €	-132%	58,1 k €	+12.0%	51,9 k €	+121%	23,5 k €	+471%	-6,3 k €	-173%	8,6 k €	+135%	-25 k €	-312%	11,8 k €	+69.5%	7 k €	-64.0%	19,3 k €	-78.7%	90,8 k €	+2796%	-3,4 k €
Net result	22,6 k €	+436%	-6,7 k €	+66.5%	-20,1 k €	-146%	43,6 k €	+5.4%	41,4 k €	+147%	16,7 k €	+229%	-13 k €	-431%	3,9 k €	+112%	-32,1 k €	-686%	5,5 k €	+160%	-9,1 k €	-136%	25,5 k €	-67.8%	79,2 k €	+2400%	-3,4 k €
Balance sheet
Equity	182,9 k €	+14.1%	160,2 k €	-4.0%	167 k €	-10.8%	187,1 k €	+30.4%	143,5 k €	+40.6%	102 k €	+19.6%	85,3 k €	-13.2%	98,3 k €	+4.2%	94,4 k €	-25.4%	126,5 k €	+4.5%	121 k €	-7.0%	130 k €	+24.4%	104,6 k €	+312%	25,4 k €
Total assets	397,8 k €	-5.4%	420,4 k €	-4.1%	438,5 k €	+42.5%	307,7 k €	-11.1%	346,1 k €	-1.3%	350,6 k €	-8.3%	382,5 k €	+22.3%	312,7 k €	-9.1%	343,9 k €	-2.9%	354,3 k €	-8.1%	385,7 k €	-5.7%	409 k €	+15.5%	354,2 k €	+701%	44,2 k €
Cash	315 €	-84.6%	2 k €	+375%	431 €	-95.3%	9,1 k €	+1577%	544 €	+27.1%	428 €	-28.5%	599 €	-80.4%	3,1 k €	+86.9%	1,6 k €	-20.3%	2 k €	-60.8%	5,2 k €	+390%	1,1 k €	-97.4%	41,8 k €	+5015%	817 €
Debts	215 k €	-17.4%	260,2 k €	-4.2%	271,5 k €	+125%	120,6 k €	-40.5%	202,7 k €	-18.5%	248,5 k €	-16.4%	297,2 k €	+38.6%	214,4 k €	-14.1%	249,6 k €	+9.6%	227,8 k €	-13.9%	264,7 k €	-5.1%	278,9 k €	+11.7%	249,7 k €	+1226%	18,8 k €

Governance

Board of directors

Seen on filing of 31/12/2019 · 1 active · 2 ended

Active mandates

ELECTRICAL ENTREPRISE

Managing director

Represented by . VESPA

Active

Ended mandates

EDUARDO VESPA

Managing director

Ended

REPRESENTE PAR MR VESPA SA ELECTRICAL ENTREPRISE

Managing director

Ended

At this address

Other companies at this address

Company	CBE no.
GREEN CITY WALLONIE 2● Active	0668.595.363
GREEN CITY WALLONIE 3● Active	0742.906.568
GREEN CITY WALLONIE 4● Active	0766.453.517
SIMETI● Bankrupt	0456.906.226
SIMETI ENGINEERING● Bankrupt	0461.852.236
SOLAR CITY WALLONIE● Active	0508.651.370

Annual accounts

Full financial information

	2019	2018	2017	2016	2015	2014
Type of account	Micro model	Micro model	Micro model	Micro model	Abridged model	Abridged model
Start of the financial year	01/01/2019	01/01/2018	01/01/2017	01/01/2016	01/01/2015	01/01/2014
Closing of the financial year	31/12/2019	31/12/2018	31/12/2017	31/12/2016	31/12/2015	31/12/2014
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	26/10/2020	28/08/2019	31/08/2018	29/08/2017	31/08/2016	21/08/2015
General meeting	16/10/2020	06/05/2019	29/06/2018	30/06/2017	30/06/2016	04/05/2015
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2019	16/10/2020	26/10/2020	French	PDF
Micro model	31/12/2018	06/05/2019	28/08/2019	French	PDF
Micro model	31/12/2017	29/06/2018	31/08/2018	French	PDF
Micro model	31/12/2016	30/06/2017	29/08/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	31/08/2016	French	PDF
Abridged model	31/12/2014	04/05/2015	21/08/2015	French	PDF
Abridged model	31/12/2013	05/05/2014	16/07/2014	French	PDF
Abridged model	31/12/2012	04/10/2013	30/10/2013	French	PDF
Abridged model	31/12/2011	25/06/2012	31/08/2012	French	PDF
Abridged model	31/12/2010	02/05/2011	30/11/2011	French	PDF
Abridged model	31/12/2009	03/05/2010	13/07/2010	French	PDF
Abridged model	31/12/2008	04/05/2009	27/08/2009	French	PDF
Abridged model	31/12/2007	05/05/2008	28/08/2008	French	PDF
Abridged model	31/12/2006	01/05/2007	28/08/2007	French	PDF

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 31/12/2019 · 1 active · 2 ended

Active mandates

ELECTRICAL ENTREPRISE

Managing director

Represented by . VESPA

Active

Ended mandates

EDUARDO VESPA

Managing director

Ended

REPRESENTE PAR MR VESPA SA ELECTRICAL ENTREPRISE

Managing director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates21/01/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates19/10/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates17/12/2013
DEMISSIONS, NOMINATIONS
PDF
Mandates17/02/2009
DEMISSIONS, NOMINATIONS
PDF
Mandates04/12/2007
DEMISSIONS, NOMINATIONS
PDF
Mandates10/04/2007
DEMISSIONS, NOMINATIONS
PDF
Capital / shares03/03/2004
ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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

2019
Annual accounts 201922,6 k €↑
2018
Annual accounts 2018-6,7 k €↑
2017
Annual accounts 2017-20,1 k €↓
2016
Annual accounts 201643,6 k €↑
2015
Annual accounts 201541,4 k €↑
2014
Annual accounts 201416,7 k €↑
2013
Annual accounts 2013-13 k €↓
2012
Annual accounts 20123,9 k €↑
2011
Annual accounts 2011-32,1 k €↓
2010
Annual accounts 20105,5 k €↑
2009
Annual accounts 2009-9,1 k €↓
2008
Annual accounts 200825,5 k €↓
2007
Annual accounts 200779,2 k €↑
2006
Annual accounts 2006-3,4 k €
24/03/1994
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

FINALITE

Overview

What does FINALITE do?

Trend over 14 financial years

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline