OPENING OF BANKRUPTCY

BURCIN

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Financial year 2020 · closed on 31/12/2020

Net result

11,3 k €

-80.8% YoY

Gross margin

2,1 M €

+57.9% YoY

Equity

204,9 k €

+5.9% YoY

Workforce

33,8 ETP

+55.8% YoY

Company — Opening of bankruptcy.

What does BURCIN do?

BURCIN is a Private company with limited liability incorporated in 1994. Its main activity is: Freight transport by road. Its registered office is in Sint-Niklaas. It employs on average 33,8 ETP workers (FTE).

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0453.587.143

Incorporation

10/10/1994

Legal form

Private company with limited liability

Registered office

Passtraat 125
9100 Sint-Niklaas · FlandreSee on map

Contributed capital

18 592,00 €

Latest accounts

31/12/2020

Average workforce

33,8 ETP

Activities (NACE)

49410Freight transport by road· main 49410Freight transport by road 60242Television programming and broadcasting activities

Joint committees (4)

100
140
14003
226

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	2,1 M €	+57.9%	1,3 M €	+18.5%	1,1 M €	-8.1%	1,2 M €	+76.1%	699,1 k €	+32.3%	528,4 k €	+6.1%	497,9 k €	+2.0%	488 k €	+6.5%	458,3 k €	+40.9%	325,2 k €	+24.0%	262,2 k €	-24.3%	346,2 k €	+20.1%	288,2 k €	+26.8%	227,4 k €	-1.4%	230,6 k €
EBITDA	460,5 k €	+265%	126,1 k €	+356%	-49,3 k €	-115%	325,1 k €	+402%	64,8 k €	-0.0%	64,8 k €	+51.4%	42,8 k €	+9.2%	39,2 k €	-56.1%	89,2 k €	+15.5%	77,3 k €	-31.6%	113,1 k €	-13.3%	130,4 k €	+5.9%	123,1 k €	+19.9%	102,7 k €	-10.5%	114,7 k €
Operating result	273,6 k €	+304%	67,7 k €	+164%	-105,8 k €	-139%	270,4 k €	+333%	62,4 k €	+1.9%	61,3 k €	+137%	25,9 k €	+36562%	-71 €	-100%	26,4 k €	+526%	4,2 k €	+284%	-2,3 k €	-106%	35,7 k €	+114%	16,7 k €	+422%	3,2 k €	-94.0%	53,1 k €
Net result	11,3 k €	-80.8%	59,2 k €	+153%	-112,2 k €	-162%	181,6 k €	+311%	44,1 k €	+20.6%	36,6 k €	+689%	4,6 k €	-68.6%	14,8 k €	+30.3%	11,3 k €	+178%	-14,5 k €	-737%	2,3 k €	-77.8%	10,3 k €	+528%	-2,4 k €	+77.4%	-10,6 k €	-131%	34,7 k €
Balance sheet
Equity	204,9 k €	+5.9%	193,6 k €	+44.1%	134,4 k €	-62.7%	360,2 k €	+102%	178,6 k €	+32.8%	134,4 k €	+37.4%	97,8 k €	+5.0%	93,2 k €	+18.9%	78,4 k €	+16.9%	67 k €	-17.8%	81,6 k €	+2.9%	79,3 k €	+14.9%	69 k €	-3.4%	71,4 k €	-13.0%	82,1 k €
Total assets	2,5 M €	+67.8%	1,5 M €	+42.5%	1 M €	-2.7%	1,1 M €	+56.4%	684,3 k €	+15.8%	591 k €	+34.6%	439 k €	-28.6%	614,9 k €	+6.8%	575,9 k €	-0.4%	577,9 k €	+12.9%	512,1 k €	-4.2%	534,7 k €	+8.6%	492,4 k €	-6.0%	524 k €	+44.4%	362,8 k €
Cash	51,3 k €	-54.8%	113,5 k €	+101%	56,6 k €	-50.2%	113,7 k €	+74.5%	65,1 k €	-12.4%	74,3 k €	-15.9%	88,3 k €	-32.3%	130,4 k €	+1.9%	128 k €	+5.6%	121,2 k €	+40.5%	86,3 k €	-38.2%	139,7 k €	+88.5%	74,1 k €	+0.7%	73,5 k €	-41.8%	126,4 k €
Debts	2,2 M €	+70.7%	1,3 M €	+42.3%	906,5 k €	+34.6%	673,7 k €	+33.3%	505,4 k €	+10.7%	456,6 k €	+33.8%	341,2 k €	-34.6%	521,7 k €	+4.9%	497,5 k €	-2.6%	510,9 k €	+18.7%	430,5 k €	+1.4%	424,6 k €	+0.3%	423,4 k €	-6.5%	452,6 k €	+61.2%	280,8 k €
Other
Workforce	33,8 ETP	+55.8%	21,7 ETP	-4.8%	22,8 ETP	+3.6%	22,0 ETP	+37.5%	16,0 ETP	-14.9%	18,8 ETP	+17.5%	16,0 ETP	+6.7%	15,0 ETP	-7.4%	16,2 ETP	+82.0%	8,9 ETP	+45.9%	6,1 ETP	-22.8%	7,9 ETP	+38.6%	5,7 ETP	+50.0%	3,8 ETP	+11.8%	3,4 ETP

Governance

Board of directors

Seen on filing of 31/12/2020 · 1 active · 4 ended

Active mandates

Burhan Eryigit

Administrator - manager · since 10 octobre 1994

Active

Ended mandates

BURAK ERIYGIT

Manager · since 01 octobre 2017

Ended

BURHAN ERIYGIT

Manager · since 04 novembre 1994

Ended

Eryigit Burhan

Manager · since 10 octobre 1994

Ended

BURHAN ERYIGIT

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
DIMDESIGN● Active	1002.439.867
SPORTONDERSTEUNING.BE● Active	0508.564.763
VAN DEN BRANDEN● Active	0405.069.030

Annual accounts

Full financial information

	2020	2019	2018	2017	2016	2015
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2020	01/01/2019	01/01/2018	01/01/2017	01/01/2016	01/01/2015
Closing of the financial year	31/12/2020	31/12/2019	31/12/2018	31/12/2017	31/12/2016	31/12/2015
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	17/02/2022	29/10/2020	30/08/2019	30/08/2019	16/08/2017	30/08/2016
General meeting	07/06/2021	02/06/2020	03/06/2019	04/08/2019	05/06/2017	06/06/2016
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

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2020	07/06/2021	17/02/2022	French	PDF
Abridged model	31/12/2019	02/06/2020	29/10/2020	French	PDF
Abridged model	31/12/2018	03/06/2019	30/08/2019	French	PDF
Abridged modelCorrection	31/12/2017	04/08/2019	30/08/2019	French	PDF
Abridged model	31/12/2017	04/06/2018	31/08/2018	French	PDF
Abridged model	31/12/2016	05/06/2017	16/08/2017	French	PDF
Abridged model	31/12/2015	06/06/2016	30/08/2016	French	PDF
Abridged model	31/12/2014	11/06/2015	31/08/2015	French	PDF
Abridged model	31/12/2013	13/06/2014	27/08/2014	French	PDF
Abridged model	31/12/2012	14/06/2013	31/08/2013	French	PDF
Abridged model	31/12/2011	08/06/2012	31/08/2012	French	PDF
Abridged model	31/12/2010	06/06/2011	30/09/2011	French	PDF
Abridged model	31/12/2009	11/06/2010	27/08/2010	French	PDF
Abridged model	31/12/2008	10/06/2009	27/08/2009	French	PDF
Abridged model	31/12/2007	06/06/2008	30/09/2008	French	PDF
Abridged model	31/12/2006	05/06/2007	16/08/2007	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 31/12/2020 · 1 active · 4 ended

Active mandates

Burhan Eryigit

Administrator - manager · since 10 octobre 1994

Active

Ended mandates

BURAK ERIYGIT

Manager · since 01 octobre 2017

Ended

BURHAN ERIYGIT

Manager · since 04 novembre 1994

Ended

Eryigit Burhan

Manager · since 10 octobre 1994

Ended

BURHAN ERYIGIT

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/02/2022
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates18/06/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates06/11/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates14/09/2015
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates18/07/2008
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates29/01/2007
DEMISSIONS, NOMINATIONS
PDF
Mandates24/01/2007
DEMISSIONS, NOMINATIONS
PDF
Mandates01/06/2006
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
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

2020
Annual accounts 202011,3 k €↓
2019
Annual accounts 201959,2 k €↑
2018
Annual accounts 2018-112,2 k €↓
2017
Annual accounts 2017181,6 k €↑
2016
Annual accounts 201644,1 k €↑
2015
Annual accounts 201536,6 k €↑
2014
Annual accounts 20144,6 k €↓
2013
Annual accounts 201314,8 k €↑
2012
Annual accounts 201211,3 k €↑
2011
Annual accounts 2011-14,5 k €↓
2010
Annual accounts 20102,3 k €↓
2009
Annual accounts 200910,3 k €↑
2008
Annual accounts 2008-2,4 k €↑
2007
Annual accounts 2007-10,6 k €↓
2006
Annual accounts 200634,7 k €
10/10/1994
IncorporationPrivate company with limited liability

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

BURCIN

Overview

What does BURCIN do?

Trend over 15 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