ACTIVE

BINET

Financial year 2023 · closed on 31/12/2023
Net result
626,9 k €
+208.1% YoY
Gross margin
683,2 k €
+360.2% YoY
Equity
679 k €
+130.6% YoY

What does BINET do?

BINET is a Public limited company incorporated in 1995. Its main activity is: Wholesale of meat and meat products. Its registered office is in Liège.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0454.335.528
Incorporation
03/02/1995
Legal form
Public limited company
Registered office
Rue Ferdinand-Hénaux 11
4000 Liège · WallonieSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2023
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin683,2 k €-262,5 k €845,2 k €935 k €-74,3 k €-16,7 k €-15,8 k €36,2 k €
EBITDA663,5 k €-329,6 k €779,6 k €857,6 k €-150,9 k €-88,5 k €-103,3 k €-86,9 k €134,4 k €36,4 k €277,4 k €359,5 k €265,9 k €301,8 k €282,7 k €346,3 k €496,4 k €803,2 k €
Operating result663,5 k €-512,1 k €656,1 k €724,3 k €-290,9 k €-250,3 k €-260,4 k €-191,7 k €10,5 k €-175,2 k €41,1 k €105,5 k €-2,7 k €11,7 k €5,3 k €-14,4 k €61,9 k €131,5 k €
Net result626,9 k €-579,7 k €581,3 k €622,8 k €-393,7 k €-350 k €-334,7 k €-176,4 k €9,7 k €22 k €37,9 k €36,7 k €48,1 k €52,5 k €26,7 k €114 k €69,7 k €139,8 k €
Balance sheet
Equity679 k €294,4 k €874,1 k €292,9 k €-329,9 k €63,8 k €413,9 k €748,5 k €5,2 M €5,2 M €5,2 M €5,1 M €5,2 M €5,2 M €5,1 M €5,1 M €5 M €5 M €
Total assets973,2 k €4,6 M €4,2 M €3,6 M €4,5 M €4,6 M €4,3 M €3,5 M €5,5 M €5,5 M €6,2 M €5,7 M €5,7 M €5,7 M €5,7 M €5,9 M €7,4 M €7 M €
Cash1,5 k €926 k €1,3 M €20,7 €58,8 €1,4 k €202 k €612,7 k €3,1 k €1,5 k €1,9 k €559,6 €1,8 k €785,8 €5,1 k €3,1 k €10,4 k €7,1 k €
Debts294,2 k €4,3 M €3,4 M €3,3 M €4,8 M €4,6 M €3,9 M €2,7 M €214,3 k €300,5 k €933,3 k €570,5 k €454,8 k €460,8 k €489,8 k €662,4 k €2,2 M €1,8 M €
Other
Workforce0,5 ETP5,1 ETP25,4 ETP30,4 ETP32,3 ETP33,6 ETP34,8 ETP37,9 ETP37,0 ETP39,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active · 34 ended

Active mandates

Olivier MACHIELS

Director · since 02 janvier 2021 · until 19 mai 2027

Active

Ended mandates

Olivier MACHIELS

Director · since 18 juillet 2016 · until 01 juin 2021

Ended
Dirk De Backer

Director · since 20 mai 2015 · until 22 mai 2019

Ended
SAGAU CONSULTING

Director · since 20 mai 2015 · until 22 mai 2019 · 0849.010.019

Represented by Christophe Bolsius

Ended
Antwerp Real Estate Invest

Director · since 01 juillet 2014 · until 23 mai 2018 · 0887.100.830

Represented by Eddy Van der Pluym

Ended
At this address

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0837.224.420
MT GROUPActive
0861.297.048
Annual accounts

Full financial information

202320222021202020192018
Type of accountAbridged modelAbridged modelMicro modelMicro modelMicro modelMicro 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 date03/10/202409/10/202331/08/202230/08/202110/11/202029/08/2019
General meeting25/09/202409/10/202318/05/202219/05/202130/10/202022/05/2019
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

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202325/09/202403/10/2024FrenchPDF
Abridged model31/12/202209/10/202309/10/2023FrenchPDF
Micro model31/12/202118/05/202231/08/2022FrenchPDF
Micro model31/12/202019/05/202130/08/2021FrenchPDF
Micro model31/12/201930/10/202010/11/2020FrenchPDF
Micro model31/12/201822/05/201929/08/2019FrenchPDF
Micro model31/12/201723/05/201829/08/2018FrenchPDF
Micro model31/12/201624/05/201730/08/2017FrenchPDF
Full model31/12/201518/05/201607/06/2016FrenchPDF
Full model31/12/201420/05/201501/06/2015FrenchPDF
Full model31/12/201321/05/201402/06/2014FrenchPDF
Full model31/12/201222/05/201306/06/2013FrenchPDF
Full model31/12/201123/05/201230/05/2012FrenchPDF
Full model31/12/201018/05/201125/05/2011FrenchPDF
Full model31/12/200919/05/201026/05/2010FrenchPDF
Full model31/12/200820/05/200902/06/2009FrenchPDF
Full model31/12/200721/05/200828/05/2008FrenchPDF
Full model31/12/200623/05/200714/06/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

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 31/12/2023 · 1 active · 34 ended

Active mandates

Olivier MACHIELS

Director · since 02 janvier 2021 · until 19 mai 2027

Active

Ended mandates

Olivier MACHIELS

Director · since 18 juillet 2016 · until 01 juin 2021

Ended
Dirk De Backer

Director · since 20 mai 2015 · until 22 mai 2019

Ended
SAGAU CONSULTING

Director · since 20 mai 2015 · until 22 mai 2019 · 0849.010.019

Represented by Christophe Bolsius

Ended
Antwerp Real Estate Invest

Director · since 01 juillet 2014 · until 23 mai 2018 · 0887.100.830

Represented by Eddy Van der Pluym

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/04/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - SIEGE SOCIAL - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/03/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Other22/10/2020
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Capital / shares04/01/2017
    CAPITAL, ACTIONS
    PDF
  • Mandates01/08/2016
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares08/07/2016
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates21/12/2015
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/06/2015
    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

Timeline

  1. 2023
    Annual accounts 2023626,9 k €
  2. 2022
    Annual accounts 2022-579,7 k €
  3. 2021
    Annual accounts 2021581,3 k €
  4. 2020
    Annual accounts 2020622,8 k €
  5. 2019
    Annual accounts 2019-393,7 k €
  6. 2018
    Annual accounts 2018-350 k €
  7. 2017
    Annual accounts 2017-334,7 k €
  8. 2016
    Annual accounts 2016-176,4 k €
  9. 2015
    Annual accounts 20159,7 k €
  10. 2014
    Annual accounts 201422 k €
  11. 2013
    Annual accounts 201337,9 k €
  12. 2012
    Annual accounts 201236,7 k €
  13. 2011
    Annual accounts 201148,1 k €
  14. 2010
    Annual accounts 201052,5 k €
  15. 2009
    Annual accounts 200926,7 k €
  16. 2008
    Annual accounts 2008114 k €
  17. 2007
    Annual accounts 200769,7 k €
  18. 2006
    Annual accounts 2006139,8 k €
  19. 03/02/1995
    IncorporationPublic limited company