OPENING OF BANKRUPTCY

B.I.C. SYSTEMS

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Financial year 2012 · closed on 31/12/2012
Net result
46,7 k €
-54.7% YoY
Gross margin
549 k €
+94.9% YoY
Equity
794,1 k €
+6.2% YoY
Workforce
5,6 ETP
+47.4% YoY

Company — Opening of bankruptcy.

What does B.I.C. SYSTEMS do?

B.I.C. SYSTEMS is a Public limited company incorporated in 1995. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Gent. It employs on average 5,6 ETP workers (FTE).

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0455.036.403
Incorporation
20/04/1995
Legal form
Public limited company
Registered office
Bijenstraat 30
9051 Gent · FlandreSee on map
Latest accounts
31/12/2012
Average workforce
5,6 ETP
Activities (NACE)
71121Engineering activities and related technical consultancy· main71121Engineering activities and related technical consultancy
Joint committees (2)
  • 111
  • 209
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2012201120102009200820072006
Income statement
Gross margin549 k €281,7 k €971,6 k €364,6 k €440,6 k €566 k €1,3 M €
EBITDA47 k €29,5 k €718,7 k €122 k €269 k €225 k €1,1 M €
Operating result32,8 k €12,4 k €711,1 k €107,1 k €255,4 k €212 k €-423,7 k €
Net result46,7 k €103,1 k €427,5 k €79 k €134,9 k €181 k €-488,2 k €
Balance sheet
Equity794,1 k €747,5 k €644,4 k €216,9 k €138 k €3 k €-178 k €
Total assets3,3 M €7 M €3,1 M €1,7 M €1,5 M €1,4 M €455,9 k €
Cash37,5 k €45,2 k €1,4 M €376,8 k €24,9 k €8,1 k €7,8 k €
Debts2,5 M €6,3 M €2,5 M €1,5 M €1,4 M €1,3 M €633,9 k €
Other
Workforce5,6 ETP3,8 ETP4,8 ETP4,8 ETP4,8 ETP5,6 ETP5,7 ETP
Governance

Board of directors

Seen on filing of 31/12/2012 · 3 active · 9 ended

Active mandates

Jean VANDEWALLE

Chairman of the board of directors · since 27 mars 2012 · until 08 mars 2017

Active
Rita VAN LOON

Director · since 27 mars 2012 · until 08 mars 2017

Active
TOM VANDEWALLE

Managing director · since 27 mars 2012 · until 08 mars 2017 · 0479.322.332

Represented by Tom VANDEWALLE

Active

Ended mandates

Jean VANDEWALLE

Chairman of the board of directors · since 14 mars 2007 · until 13 mars 2013

Ended
Jean VANDEWALLE

Chairman of the board of directors · since 14 mars 2007 · until 14 mars 2013

Ended
Rita VAN LOON

Director · since 14 mars 2007 · until 13 mars 2013

Ended
Rita VAN LOON

Director · since 14 mars 2007 · until 14 mars 2013

Ended
Annual accounts

Full financial information

201220112010200920082007
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/201201/01/201101/01/201001/01/200901/01/200801/01/2007
Closing of the financial year31/12/201231/12/201131/12/201031/12/200931/12/200831/12/2007
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/07/201301/08/201231/08/201129/09/201031/08/200916/05/2008
General meeting13/03/201314/03/201209/03/201109/03/201011/03/200912/03/2008
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/201213/03/201323/07/2013DutchPDF
Abridged model31/12/201114/03/201201/08/2012DutchPDF
Abridged model31/12/201009/03/201131/08/2011DutchPDF
Abridged model31/12/200909/03/201029/09/2010DutchPDF
Abridged model31/12/200811/03/200931/08/2009DutchPDF
Abridged model31/12/200712/03/200816/05/2008DutchPDF
Abridged model31/12/200614/03/200720/08/2007DutchPDF
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 31/12/2012 · 3 active · 9 ended

Active mandates

Jean VANDEWALLE

Chairman of the board of directors · since 27 mars 2012 · until 08 mars 2017

Active
Rita VAN LOON

Director · since 27 mars 2012 · until 08 mars 2017

Active
TOM VANDEWALLE

Managing director · since 27 mars 2012 · until 08 mars 2017 · 0479.322.332

Represented by Tom VANDEWALLE

Active

Ended mandates

Jean VANDEWALLE

Chairman of the board of directors · since 14 mars 2007 · until 13 mars 2013

Ended
Jean VANDEWALLE

Chairman of the board of directors · since 14 mars 2007 · until 14 mars 2013

Ended
Rita VAN LOON

Director · since 14 mars 2007 · until 13 mars 2013

Ended
Rita VAN LOON

Director · since 14 mars 2007 · until 14 mars 2013

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Court decision15/09/2014
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
    PDF
  • Other16/04/2012
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates03/12/2007
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/02/2007
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares21/11/2006
    CAPITAL, ACTIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates27/02/2003
    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. 2012
    Annual accounts 201246,7 k €↓
  2. 2011
    Annual accounts 2011103,1 k €↓
  3. 2010
    Annual accounts 2010427,5 k €↑
  4. 2009
    Annual accounts 200979 k €↓
  5. 2008
    Annual accounts 2008134,9 k €↓
  6. 2007
    Annual accounts 2007181 k €↑
  7. 2006
    Annual accounts 2006-488,2 k €
  8. 20/04/1995
    IncorporationPublic limited company