OPENING OF BANKRUPTCY

K.T.I. - W.T.I.

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Company — Opening of bankruptcy.

Financial year 2023 · Closed on 31/12/2023

Net result142,5 k €+253,8 %over 1 year

Gross margin1,7 M €+11,3 %over 1 year

Equity1,7 M €+9,2 %over 1 year

Workforce18,7 ETP-1,6 %over 1 year

Identity

Source · BCE/KBO

K.T.I. - W.T.I. is a Private company with limited liability incorporated in 1999. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Zandhoven. It employs on average 18,7 ETP workers (FTE).

Legal situation: Opening of bankruptcy
BCE/KBO no. / VAT: BE 0466.383.720
Incorporation: 30/06/1999
Legal form: Private company with limited liability
Registered office: Vierselbaan 40
2240 Zandhoven · FlandreSee on map
Contributed capital: 50 000,00 €
Latest accounts: 31/12/2023
Average workforce: 18,7 ETP

Activities (NACE)

43222Plumbing, heat and air-conditioning installation· main 43222Plumbing, heat and air-conditioning installation 45331Sale of motor vehicle parts and accessories 43211Electrical installation 43211Electrical installation

Joint committees (4)

14901
200
20000
218

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 18 filings

Trend over 18 financial years

	2023		2022		2021		2020		2019
Income statement
Gross margin	1,7 M €	+11.3%	1,5 M €	-1.3%	1,5 M €	-8.8%	1,7 M €	+30.3%	1,3 M €
EBITDA	323,1 k €	+32.8%	243,2 k €	-32.0%	357,9 k €	-21.9%	458,5 k €	+115%	213,5 k €
Operating result	266 k €	+213%	85 k €	-75.5%	346,8 k €	-17.1%	418,3 k €	+153%	165,6 k €
Net result	142,5 k €	+254%	40,3 k €	-83.8%	248,4 k €	-16.2%	296,5 k €	+409%	58,3 k €
Balance sheet
Equity	1,7 M €	+9.2%	1,6 M €	+2.7%	1,5 M €	+19.7%	1,3 M €	+30.7%	966,4 k €
Total assets	3,7 M €	-42.3%	6,5 M €	+40.8%	4,6 M €	-4.5%	4,8 M €	+20.0%	4 M €
Cash	390,7 k €	-78.0%	1,8 M €	+138%	746,7 k €	-45.2%	1,4 M €	+201%	451,7 k €
Debts	2 M €	-58.3%	4,8 M €	+59.5%	3 M €	-12.5%	3,4 M €	+16.5%	3 M €
Other
Workforce	18,7 ETP	-1.6%	19,0 ETP	+5.6%	18,0 ETP	-10.9%	20,2 ETP	+8.0%	18,7 ETP

Board of directors

Source · NBB, accounts to 31/12/2023

3 active · 6 ended

Active mandates

AVETHIB

Director · since 15 décembre 2022 · 0793.538.786

Represented by Thibault DE KERPEL

Active

Companions

Director · since 15 décembre 2022 · 0693.767.061

Represented by Jeremy SCHUERMANS

Active

VKG

Director · since 15 décembre 2022 · 0790.565.638

Represented by ALEXANDER VAN KERCKHOVEN

Active

Ended mandates

AVETHIB

Director · since 15 décembre 2022 · 0793.538.786

Represented by THIBAUT DE KERPEL

Ended

Companions

Director · since 15 décembre 2022 · 0693.767.061

Represented by JEREMY DCHUERMANS

Ended

PATRIK OORTS

Director · since 24 juin 1999

Ended

PATRIK OORTS

Manager · since 24 juin 1999 · until 15 décembre 2022

Ended

Other companies at this address

Vierselbaan 40 2240 Zandhoven

Company	CBE no.
AJSOLUTIONS● Active	0879.626.187
ATHEX Benelux● Active	0805.935.089
DAYO RENOVATIES● Active	0476.339.482
DECKERS LASWERKEN● Active	0445.610.377
UGCS● Active	0450.446.224
Vereniging van Mede-eigenaars van het gebouw KMO-complex De Viersel Vierselbaan 40 te Zandhoven● Active	0887.459.433

Full financial information

Source · NBB

	2023	2022	2021	2020	2019	2018
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018
Closing of the financial year	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/07/2024	31/08/2023	23/08/2022	05/08/2021	24/09/2020	25/09/2019
General meeting	28/06/2024	26/05/2023	27/05/2022	28/05/2021	29/05/2020	31/05/2019
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 18 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2023	28/06/2024	30/07/2024	Dutch	PDF
Abridged model	31/12/2022	26/05/2023	31/08/2023	Dutch	PDF
Abridged model	31/12/2021	27/05/2022	23/08/2022	Dutch	PDF
Abridged model	31/12/2020	28/05/2021	05/08/2021	Dutch	PDF
Abridged model	31/12/2019	29/05/2020	24/09/2020	Dutch	PDF
Abridged model	31/12/2018	31/05/2019	25/09/2019	Dutch	PDF
Abridged model	31/12/2017	25/05/2018	03/07/2018	Dutch	PDF
Abridged model	31/12/2016	26/05/2017	26/09/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	29/09/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	23/09/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	29/08/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	04/11/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	02/09/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	01/12/2008	Dutch	PDF
Abridged model	31/12/2006	17/10/2007	17/10/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2023

3 active · 6 ended

Active mandates

AVETHIB

Director · since 15 décembre 2022 · 0793.538.786

Represented by Thibault DE KERPEL

Active

Companions

Director · since 15 décembre 2022 · 0693.767.061

Represented by Jeremy SCHUERMANS

Active

VKG

Director · since 15 décembre 2022 · 0790.565.638

Represented by ALEXANDER VAN KERCKHOVEN

Active

Ended mandates

AVETHIB

Director · since 15 décembre 2022 · 0793.538.786

Represented by THIBAUT DE KERPEL

Ended

Companions

Director · since 15 décembre 2022 · 0693.767.061

Represented by JEREMY DCHUERMANS

Ended

PATRIK OORTS

Director · since 24 juin 1999

Ended

PATRIK OORTS

Manager · since 24 juin 1999 · until 15 décembre 2022

Ended

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates04/03/2025
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring20/03/2024
DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring24/11/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Mandates19/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Registered office16/03/2017
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares03/01/2011
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates29/06/2004
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/01/2004
ONTSLAGEN - BENOEMINGEN
PDF

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A company's peers, by sector and size, are included in the Business plan.

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Timeline

2023
Annual accounts 2023142,5 k €↑
2022
Annual accounts 202240,3 k €↓
2021
Annual accounts 2021248,4 k €↓
2021
Name changeKTI-WTI
2020
Annual accounts 2020296,5 k €↑
2019
Annual accounts 201958,3 k €↓
2018
Annual accounts 201859,3 k €↑
2017
Annual accounts 20173,9 k €↓
2016
Annual accounts 201659,6 k €↑
2015
Annual accounts 201522,8 k €↓
2014
Annual accounts 201423,4 k €↑
2013
Annual accounts 20139,6 k €↓
2012
Annual accounts 2012919,9 k €↓
2011
Annual accounts 20111,9 M €↑
2010
Annual accounts 2010727,5 k €↑
2009
Annual accounts 2009433,2 k €↑
2008
Annual accounts 200845,9 k €↓
2007
Annual accounts 200747,5 k €↑
2006
Annual accounts 200622,8 k €
2006
Name changeK.t.i. - W.t.i.
30/06/1999
IncorporationPrivate company with limited liability

K.T.I. - W.T.I.

Overview

Identity

Financials

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

Timeline