OPENING OF BANKRUPTCY

CINAGI

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Financial year 2020 · closed on 31/12/2020

Net result

3,6 k €

-9.4% YoY

Gross margin

147,5 k €

-3.1% YoY

Equity

100,7 k €

+3.7% YoY

Company — Opening of bankruptcy.

What does CINAGI do?

CINAGI is a Private company with limited liability incorporated in 1995. Its main activity is: Non-specialised wholesale trade. Its registered office is in Woluwe-Saint-Lambert.

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0456.246.230

Incorporation

04/10/1995

Legal form

Private company with limited liability

Registered office

Rue de la Cambre 180
1200 Woluwe-Saint-Lambert · BruxellesSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2020

Activities (NACE)

46900Non-specialised wholesale trade· main 46900Non-specialised wholesale trade 51900Air transport 68203Rental and operating of own or leased real estate 68203Rental and operating of own or leased real estate

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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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		2006		2005
Income statement
Gross margin	147,5 k €	-3.1%	152,3 k €	+62.7%	93,6 k €	-35.8%	145,8 k €	+61.6%	90,3 k €	+66.9%	54,1 k €	+12.1%	48,3 k €	-8.6%	52,8 k €	-0.7%	53,2 k €	+29.6%	41 k €	+879%	4,2 k €	+213%	-3,7 k €	-374%	1,4 k €	+181%	-1,7 k €	-156%	3 k €
EBITDA	38,3 k €	-35.0%	59 k €	+327%	13,8 k €	-82.9%	80,8 k €	+80.8%	44,7 k €	+71.0%	26,1 k €	-25.0%	34,9 k €	+85.2%	18,8 k €	-7.5%	20,4 k €	-34.0%	30,9 k €	+779%	3,5 k €	+192%	-3,8 k €	-412%	1,2 k €	+155%	-2,2 k €	-189%	2,5 k €
Operating result	22,5 k €	-58.4%	54 k €	+528%	8,6 k €	-88.6%	75,7 k €	+167%	28,3 k €	+329%	6,6 k €	-72.9%	24,4 k €	+151%	9,7 k €	-14.7%	11,4 k €	-49.4%	22,5 k €	+778%	2,6 k €	+163%	-4,1 k €	-437%	1,2 k €	+152%	-2,3 k €	-218%	2 k €
Net result	3,6 k €	-9.4%	3,9 k €	-37.5%	6,3 k €	-86.6%	47,2 k €	+172%	17,4 k €	+556%	2,6 k €	-84.3%	16,9 k €	+481%	2,9 k €	-53.7%	6,3 k €	-60.1%	15,8 k €	+613%	2,2 k €	+146%	-4,8 k €	-1300%	-343,3 €	+88.3%	-2,9 k €	-339%	1,2 k €
Balance sheet
Equity	100,7 k €	+3.7%	97,1 k €	+4.2%	93,1 k €	+7.3%	86,8 k €	+60.6%	54,1 k €	+47.3%	36,7 k €	+7.8%	34,1 k €	+98.5%	17,2 k €	+20.4%	14,2 k €	+79.0%	8 k €	+202%	-7,8 k €	+22.1%	-10 k €	-92.6%	-5,2 k €	-21.5%	-4,3 k €	-219%	-1,3 k €
Total assets	268,9 k €	+27.2%	211,3 k €	-3.7%	219,4 k €	+8.8%	201,6 k €	+61.2%	125,1 k €	+29.7%	96,4 k €	-3.7%	100,2 k €	+42.2%	70,4 k €	+25.0%	56,4 k €	+8.4%	52 k €	+394%	10,5 k €	+1038%	924,5 €	+4.4%	886 €	-93.9%	14,5 k €	-1.2%	14,7 k €
Cash	1,7 k €	-93.0%	24,6 k €	+813%	2,7 k €	-11.1%	3 k €	+31.3%	2,3 k €	-29.1%	3,3 k €	+5.2%	3,1 k €	-18.3%	3,8 k €	+34.4%	2,8 k €	-50.2%	5,7 k €	+13601%	41,3 €	-72.8%	151,6 €	+581%	22,3 €	+184%	7,8 €	-96.3%	214 €
Debts	168,2 k €	+47.3%	114,2 k €	-9.5%	126,3 k €	+10.0%	114,8 k €	+61.7%	71 k €	+18.9%	59,7 k €	-8.2%	65 k €	+22.1%	53,3 k €	+26.5%	42,1 k €	-4.4%	44 k €	+163%	16,7 k €	+53.1%	10,9 k €	+79.7%	6,1 k €	-67.7%	18,8 k €	+17.2%	16,1 k €
Other
Workforce	–		–		–		–		–		0,3 ETP	+200%	0,1 ETP	-80.0%	0,5 ETP		–		0,1 ETP		–		–		–		–		–

Governance

Board of directors

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

Active mandates

Jean-Michel Van Laeys

Director

Active

Ended mandates

LUC WOUTERS

Manager · since 11 février 2008

Ended

Jean-Michel Van Laeys

Manager

Ended

Luc WOUTERS

Manager

Ended

RACHELLE EL IDRISSI

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Alpaca Solutions● Active	0745.932.176
BARNFIN● Active	0461.348.628
BRINESAN● Active	0832.325.524
LOONA● Active	0470.035.076
Ministar● Active	0428.599.052

Annual accounts

Full financial information

	2020	2019	2018	2017	2016	2015
Type of account	Micro model	Micro model	Micro model	Micro model	Micro 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	29/09/2021	28/08/2020	09/08/2019	12/09/2018	30/08/2017	21/09/2016
General meeting	14/09/2021	09/06/2020	11/06/2019	12/06/2018	13/06/2017	14/06/2016
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
Micro model	31/12/2020	14/09/2021	29/09/2021	French	PDF
Micro model	31/12/2019	09/06/2020	28/08/2020	French	PDF
Micro model	31/12/2018	11/06/2019	09/08/2019	French	PDF
Micro model	31/12/2017	12/06/2018	12/09/2018	French	PDF
Micro model	31/12/2016	13/06/2017	30/08/2017	French	PDF
Abridged model	31/12/2015	14/06/2016	21/09/2016	French	PDF
Abridged model	31/12/2014	09/06/2015	19/08/2015	French	PDF
Abridged model	31/12/2013	10/06/2014	26/08/2014	French	PDF
Abridged model	31/12/2012	11/06/2013	25/09/2013	French	PDF
Abridged model	31/12/2011	12/06/2012	13/06/2012	French	PDF
Abridged model	31/12/2010	14/06/2011	15/06/2011	French	PDF
Abridged model	31/12/2009	08/06/2010	15/07/2010	French	PDF
Abridged model	31/12/2008	10/06/2009	15/07/2009	French	PDF
Abridged model	31/12/2007	10/06/2008	19/06/2008	French	PDF
Abridged model	31/12/2006	03/06/2007	23/05/2008	French	PDF
Abridged model	31/12/2005	04/06/2006	23/05/2008	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

Jean-Michel Van Laeys

Director

Active

Ended mandates

LUC WOUTERS

Manager · since 11 février 2008

Ended

Jean-Michel Van Laeys

Manager

Ended

Luc WOUTERS

Manager

Ended

RACHELLE EL IDRISSI

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/03/2018
Révocation mandat co-gérante
PDF
Mandates28/12/2017
Nomination co-gérante
PDF
Registered office31/07/2017
SIEGE SOCIAL
PDF
Registered office16/03/2015
SIEGE SOCIAL
PDF
Mandates11/10/2010
SIEGE SOCIAL - OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Registered office11/07/2006
SIEGE SOCIAL
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 20203,6 k €↓
2019
Annual accounts 20193,9 k €↓
2018
Annual accounts 20186,3 k €↓
2017
Annual accounts 201747,2 k €↑
2016
Annual accounts 201617,4 k €↑
2015
Annual accounts 20152,6 k €↓
2014
Annual accounts 201416,9 k €↑
2013
Annual accounts 20132,9 k €↓
2012
Annual accounts 20126,3 k €↓
2011
Annual accounts 201115,8 k €↑
2010
Annual accounts 20102,2 k €↑
2009
Annual accounts 2009-4,8 k €↓
2008
Annual accounts 2008-343,3 €↑
2006
Annual accounts 2006-2,9 k €↓
2005
Annual accounts 20051,2 k €
04/10/1995
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

CINAGI

Overview

What does CINAGI 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