OPENING OF BANKRUPTCY

COMAD

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Financial year 2021 · closed on 31/12/2021

Net result

-41,6 k €

-283.6% YoY

Gross margin

3,8 k €

-93.7% YoY

Equity

-43,4 k €

-2425.9% YoY

Company — Opening of bankruptcy.

What does COMAD do?

COMAD is a Private company with limited liability incorporated in 1996. Its main activity is: Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Its registered office is in Ingelmunster.

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0459.481.674

Incorporation

19/12/1996

Legal form

Private company with limited liability

Registered office

Leon Bekaertstraat 7
8770 Ingelmunster · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2021

Activities (NACE)

25530Forging, pressing, stamping and roll-forming of metal; powder metallurgy· main 25620Machining 28520Manufacture of machinery and equipment n.e.c.46190Agents involved in the sale of a variety of goods 46190Agents involved in the sale of a variety of goods

Signals

Positive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	3,8 k €	-93.7%	60,2 k €	-4.8%	63,2 k €	+23.1%	51,4 k €	+133%	22,1 k €	-41.2%	37,5 k €	+55.7%	24,1 k €	-42.5%	41,9 k €	+27.8%	32,8 k €	+1445%	2,1 k €		–		–		3 k €	-61.9%	7,8 k €	-18.6%	9,6 k €	+77.5%	5,4 k €
EBITDA	2,4 k €	-93.5%	36,2 k €	-40.4%	60,7 k €	+27.4%	47,6 k €	+204%	15,7 k €	-56.4%	35,9 k €	+60.6%	22,4 k €	-44.4%	40,2 k €	+63.2%	24,6 k €	+1710%	1,4 k €		–		–		2,6 k €	-64.0%	7,2 k €	-19.5%	9 k €	+91.1%	4,7 k €
Operating result	-38,5 k €	-550%	-5,9 k €	-143%	13,9 k €	+2.4%	13,6 k €	+176%	-17,9 k €	-310%	8,5 k €	-15.8%	10,1 k €	-28.2%	14,1 k €	-14.7%	16,6 k €	+1398%	1,1 k €		–		–		2,4 k €	-39.2%	3,9 k €	-5.7%	4,2 k €	+3587%	-119,1 €
Net result	-41,6 k €	-284%	-10,9 k €	-268%	6,5 k €	+784%	731,9 €	+102%	-30,4 k €	-1672%	1,9 k €	-49.5%	3,8 k €	-22.0%	4,9 k €	-53.8%	10,6 k €	+1647%	607,8 €		–		–		-1,6 k €	-118%	8,6 k €	+386%	1,8 k €	+237%	-1,3 k €
Balance sheet
Equity	-43,4 k €	-2426%	-1,7 k €	-119%	9,1 k €	+242%	2,7 k €	+37.8%	1,9 k €	-94.0%	32,3 k €	+6.4%	30,4 k €	+14.4%	26,6 k €	+22.7%	21,7 k €	+96.2%	11 k €	+63003%	17,5 €	0.0%	17,5 €	0.0%	17,5 €	-98.9%	1,6 k €	+122%	-7 k €	+20.1%	-8,8 k €
Total assets	537,7 k €	-5.5%	568,9 k €	+11.8%	508,9 k €	+40.8%	361,5 k €	-2.8%	372,1 k €	+41.9%	262,3 k €	+31.9%	198,8 k €	-8.5%	217,2 k €	+22.2%	177,8 k €	+348%	39,7 k €	+9729%	403,6 €	0.0%	403,6 €	0.0%	403,6 €	-98.9%	36 k €	+0.8%	35,7 k €	-11.3%	40,3 k €
Cash	28,8 k €	+78.7%	16,1 k €	-41.4%	27,6 k €	+1559%	1,7 k €	-40.2%	2,8 k €	-57.0%	6,5 k €	-32.6%	9,6 k €	+102%	4,7 k €	-48.8%	9,3 k €	-1.1%	9,4 k €		–		–		–		10 k €	+132%	4,3 k €	+375%	903,9 €
Debts	581,1 k €	+8.1%	537,4 k €	+7.5%	499,7 k €	+39.3%	358,8 k €	-3.1%	370,2 k €	+61.0%	230 k €	+36.5%	168,4 k €	-11.7%	190,7 k €	+22.1%	156,1 k €	+445%	28,6 k €	+7316%	386,1 €	0.0%	386,1 €	0.0%	386,1 €	-98.9%	34,4 k €	-19.4%	42,7 k €	-12.9%	49 k €

Governance

Board of directors

Seen on filing of 31/12/2021 · 1 active · 9 ended

Active mandates

S.D. INVEST

Director · since 01 mars 2012 · 0449.846.309

Active

Ended mandates

S.D. INVEST

Manager · since 01 mars 2012 · 0449.846.309

Represented by Ignaas Vuylsteke

Ended

S.D. INVEST

Manager · since 01 mars 2012 · until 06 juin 2018 · 0449.846.309

Represented by Ignaas Vuylsteke

Ended

S.D. INVEST

Manager · since 01 mars 2012 · 0449.846.309

Represented by Ignaas Vuylsteke

Ended

S.D. INVEST

Manager · since 01 mars 2012 · 0449.846.309

Represented by Ignaas Vuylsteke

Ended

At this address

Other companies at this address

Company	CBE no.
A.S.J.● Bankrupt	0449.472.165

Annual accounts

Full financial information

	2021	2020	2019	2018	2017	2016
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2021	01/01/2020	01/01/2019	01/01/2018	01/01/2017	01/01/2016
Closing of the financial year	31/12/2021	31/12/2020	31/12/2019	31/12/2018	31/12/2017	31/12/2016
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/08/2022	29/06/2021	08/06/2020	29/08/2019	03/08/2018	17/11/2017
General meeting	07/06/2022	07/06/2021	02/06/2020	03/06/2019	04/06/2018	06/06/2017
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	31/12/2021	07/06/2022	29/08/2022	Dutch	PDF
Abridged model	31/12/2020	07/06/2021	29/06/2021	Dutch	PDF
Abridged model	31/12/2019	02/06/2020	08/06/2020	Dutch	PDF
Abridged model	31/12/2018	03/06/2019	29/08/2019	Dutch	PDF
Abridged model	31/12/2017	04/06/2018	03/08/2018	Dutch	PDF
Abridged model	31/12/2016	06/06/2017	17/11/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	02/08/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	19/06/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	10/07/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	23/07/2013	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	28/08/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	26/09/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	17/06/2010	Dutch	PDF
Abridged model	31/12/2008	01/06/2009	23/07/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	29/07/2008	Dutch	PDF
Abridged model	31/12/2006	04/06/2007	28/06/2007	Dutch	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 31/12/2021 · 1 active · 9 ended

Active mandates

S.D. INVEST

Director · since 01 mars 2012 · 0449.846.309

Active

Ended mandates

S.D. INVEST

Manager · since 01 mars 2012 · 0449.846.309

Represented by Ignaas Vuylsteke

Ended

S.D. INVEST

Manager · since 01 mars 2012 · until 06 juin 2018 · 0449.846.309

Represented by Ignaas Vuylsteke

Ended

S.D. INVEST

Manager · since 01 mars 2012 · 0449.846.309

Represented by Ignaas Vuylsteke

Ended

S.D. INVEST

Manager · since 01 mars 2012 · 0449.846.309

Represented by Ignaas Vuylsteke

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other25/01/2017
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office16/11/2016
MAATSCHAPPELIJKE ZETEL
PDF
Mandates02/04/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/02/2012
BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office16/11/2011
MAATSCHAPPELIJKE ZETEL
PDF
Mandates24/08/2009
BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates22/06/2005
ONTSLAGEN - BENOEMINGEN
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

2021
Annual accounts 2021-41,6 k €↓
2020
Annual accounts 2020-10,9 k €↓
2019
Annual accounts 20196,5 k €↑
2018
Annual accounts 2018731,9 €↑
2017
Annual accounts 2017-30,4 k €↓
2016
Annual accounts 20161,9 k €↓
2015
Annual accounts 20153,8 k €↓
2014
Annual accounts 20144,9 k €↓
2013
Annual accounts 201310,6 k €↑
2012
Annual accounts 2012607,8 €↑
2011
Annual accounts 2011
2011
Name changeCOMAD
2010
Annual accounts 2010
2009
Annual accounts 2009-1,6 k €↓
2009
Name changeARCWELD BELUX
2008
Annual accounts 20088,6 k €↑
2007
Annual accounts 20071,8 k €↑
2006
Annual accounts 2006-1,3 k €
2006
Name changeCAMERLYNCK LASTECHNIEK
19/12/1996
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

COMAD

Overview

What does COMAD do?

Trend over 16 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