OPENING OF BANKRUPTCY

Ergoline Belgium

Financial year 2018 · closed on 31/12/2018
Net result
99,3 k €
+1798.0% YoY
Gross margin
378,9 k €
-24.2% YoY
Equity
114,8 k €
+640.1% YoY
Workforce
4,6 ETP
-16.4% YoY

Company — Opening of bankruptcy.

What does Ergoline Belgium do?

Ergoline Belgium is a Private limited company incorporated in 1999. Its main activity is: Non-specialised wholesale trade. Its registered office is in Wommelgem. It employs on average 4,6 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0465.616.133
Incorporation
02/04/1999
Legal form
Private limited company
Registered office
Krijtersveld 2
2160 Wommelgem · FlandreSee on map
Latest accounts
31/12/2018
Average workforce
4,6 ETP
Joint committees (2)
  • 14904
  • 200
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2018201720162015201420132012201120102009200820072006
Income statement
Gross margin378,9 k €499,6 k €576,3 k €67,6 k €501,3 k €470,8 k €626,3 k €229,8 k €647,1 k €1 M €1,3 M €1,3 M €878,3 k €
EBITDA105,8 k €-106,5 k €-46,8 k €-371,2 k €-36,1 k €36,9 k €142,2 k €-582,3 k €-20 k €343,7 k €413,2 k €214,9 k €304,9 k €
Operating result101,8 k €34,6 k €-77,3 k €-511,3 k €5,4 k €25,6 k €131,1 k €-732,5 k €-104,4 k €337,8 k €205 k €148,4 k €274,4 k €
Net result99,3 k €5,2 k €-71,7 k €-529,8 k €-47,2 k €-14,2 k €123,1 k €-1,4 M €-96,7 k €209,4 k €88,4 k €70,3 k €44,2 k €
Balance sheet
Equity114,8 k €15,5 k €10,3 k €81,9 k €611,7 k €658,9 k €682,5 k €-1,1 M €325,3 k €421,9 k €512,5 k €499,1 k €728,8 k €
Total assets2,6 M €2,4 M €2,7 M €2,9 M €3,5 M €3,9 M €3,3 M €3,6 M €4 M €4,1 M €4,9 M €5,5 M €4,3 M €
Cash47,4 k €12,2 k €40 k €8,3 k €99,9 k €18,3 k €15,6 k €19,6 k €64,1 k €5,8 k €169,6 k €54,2 k €
Debts2,5 M €2,4 M €2,7 M €2,8 M €2 M €3,2 M €2,6 M €4,7 M €3,6 M €3,7 M €4,1 M €4,7 M €3,6 M €
Other
Workforce4,6 ETP5,5 ETP5,6 ETP7,0 ETP7,1 ETP7,1 ETP8,3 ETP10,1 ETP11,2 ETP13,1 ETP14,6 ETP15,6 ETP14,1 ETP
Governance

Board of directors

Seen on filing of 31/12/2018 · 1 active · 7 ended

Active mandates

Sun Leasing - Multifit

Manager · 0422.241.592

Represented by Marc Van Remortel

Active

Ended mandates

Sun Leasing - Multifit

Manager · since 01 juillet 2011 · until 01 juillet 2016 · 0422.241.592

Represented by Marc Van Remortel

Ended
LAUREMO

Manager · since 01 janvier 2008 · 0894.529.446

Represented by Marc Van Remortel

Ended
Nicole Lauwers

Manager · since 02 avril 1999 · until 01 juillet 2011

Ended
Nicole Lauwers

Manager · since 02 avril 1999

Ended
At this address

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Find-ITBankrupt
0746.870.603
Annual accounts

Full financial information

201820172016201520142013
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/201801/01/201701/01/201601/01/201501/01/201401/01/2013
Closing of the financial year31/12/201831/12/201731/12/201631/12/201531/12/201431/12/2013
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/08/201914/08/201828/09/201722/11/201603/08/201523/09/2014
General meeting24/06/201925/06/201826/06/201714/10/201630/06/201505/09/2014
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

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/201824/06/201927/08/2019DutchPDF
Abridged model31/12/201725/06/201814/08/2018DutchPDF
Abridged modelCorrection31/12/201626/06/201728/09/2017DutchPDF
Abridged model31/12/201626/06/201731/08/2017DutchPDF
Abridged model31/12/201514/10/201622/11/2016DutchPDF
Abridged model31/12/201430/06/201503/08/2015DutchPDF
Abridged model31/12/201305/09/201423/09/2014DutchPDF
Abridged model31/12/201224/06/201312/07/2013DutchPDF
Abridged model31/12/201130/06/201226/07/2012DutchPDF
Abridged model31/12/201005/09/201115/09/2011DutchPDF
Abridged model31/12/200915/08/201020/08/2010DutchPDF
Abridged model31/12/200820/07/200913/08/2009DutchPDF
Abridged model31/12/200730/06/200816/07/2008DutchPDF
Abridged modelCorrection31/12/200618/06/200703/03/2008DutchPDF
Abridged model31/12/200618/06/200728/06/2007DutchPDF
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 31/12/2018 · 1 active · 7 ended

Active mandates

Sun Leasing - Multifit

Manager · 0422.241.592

Represented by Marc Van Remortel

Active

Ended mandates

Sun Leasing - Multifit

Manager · since 01 juillet 2011 · until 01 juillet 2016 · 0422.241.592

Represented by Marc Van Remortel

Ended
LAUREMO

Manager · since 01 janvier 2008 · 0894.529.446

Represented by Marc Van Remortel

Ended
Nicole Lauwers

Manager · since 02 avril 1999 · until 01 juillet 2011

Ended
Nicole Lauwers

Manager · since 02 avril 1999

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring16/09/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring24/06/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates01/12/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office03/08/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates27/09/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/02/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office09/09/2005
    MAATSCHAPPELIJKE ZETEL
    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. 2018
    Annual accounts 201899,3 k €
  2. 2017
    Annual accounts 20175,2 k €
  3. 2016
    Annual accounts 2016-71,7 k €
  4. 2015
    Annual accounts 2015-529,8 k €
  5. 2014
    Annual accounts 2014-47,2 k €
  6. 2013
    Annual accounts 2013-14,2 k €
  7. 2012
    Annual accounts 2012123,1 k €
  8. 2011
    Annual accounts 2011-1,4 M €
  9. 2010
    Annual accounts 2010-96,7 k €
  10. 2009
    Annual accounts 2009209,4 k €
  11. 2008
    Annual accounts 200888,4 k €
  12. 2007
    Annual accounts 200770,3 k €
  13. 2006
    Annual accounts 200644,2 k €
  14. 02/04/1999
    IncorporationPrivate limited company