OPENING OF BANKRUPTCY

ETS MICHEL C.C.S.

Company — Opening of bankruptcy.

Financial year 2021 · Closed on 30/06/2021

Net result10,1 k €+106,1 %over 1 year
Gross margin563,4 k €+30,8 %over 1 year
Equity58,2 k €+8,5 %over 1 year
Workforce12,2 ETP+5,2 %over 1 year

Identity

Source · BCE/KBO

ETS MICHEL C.C.S. is a Private limited company incorporated in 1999. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Tournai. It employs on average 12,2 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0466.607.909
Incorporation
04/08/1999
Legal form
Private limited company
Registered office
Rue des Combattants de Froyennes 31
7503 Tournai · WallonieSee on map
Contributed capital
212 650,00 €
Latest accounts
30/06/2021
Average workforce
12,2 ETP
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 15 filings

Trend over 15 financial years

20212020201920182017
Income statement
Gross margin563,4 k €430,7 k €669,7 k €931,9 k €891,2 k €
EBITDA145,4 k €-6,8 k €72 k €182,4 k €-15,2 k €
Operating result61,1 k €-110,1 k €-47,5 k €46,9 k €-160,1 k €
Net result10,1 k €-166,2 k €-98,9 k €3,9 k €-209,7 k €
Balance sheet
Equity58,2 k €53,6 k €19,9 k €124,7 k €83,5 k €
Total assets2,7 M €2,9 M €2,7 M €2,4 M €2,1 M €
Cash16,5 k €23,1 k €4,6 k €39 k €23,7 k €
Debts2,6 M €2,9 M €2,7 M €2,3 M €2 M €
Other
Workforce12,2 ETP11,6 ETP15,8 ETP19,1 ETP22,7 ETP

Board of directors

Source · NBB, accounts to 30/06/2021

2 active · 3 ended

Active mandates

OPTISSIMO

Chairman of the board of directors · since 27 mars 2020 · 0471.124.644

Represented by Jean-François BARBERY

Active
Dominique MICHEL

Director

Active

Ended mandates

Dominique MICHEL

Manager

Ended
Simone DELMULLE

Manager · until 21 octobre 2013

Ended
Simone DELMULLE

Manager

Ended

Full financial information

Source · NBB
202120202019201820172016
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202001/07/201901/07/201801/07/201701/07/201601/07/2015
Closing of the financial year30/06/202130/06/202030/06/201930/06/201830/06/201730/06/2016
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/02/202225/02/202116/12/201911/12/201814/02/201813/02/2017
General meeting03/12/202128/01/202106/12/201907/12/201801/12/201702/12/2016
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 15 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202103/12/202128/02/2022FrenchPDF
Abridged model30/06/202028/01/202125/02/2021FrenchPDF
Abridged model30/06/201906/12/201916/12/2019FrenchPDF
Abridged model30/06/201807/12/201811/12/2018FrenchPDF
Abridged model30/06/201701/12/201714/02/2018FrenchPDF
Abridged model30/06/201602/12/201613/02/2017FrenchPDF
Abridged model30/06/201529/01/201622/02/2016FrenchPDF
Abridged model30/06/201405/12/201402/02/2015FrenchPDF
Abridged model30/06/201306/12/201314/02/2014FrenchPDF
Abridged model30/06/201207/12/201228/02/2013FrenchPDF
Abridged model30/06/201102/12/201127/02/2012FrenchPDF
Abridged model30/06/201003/12/201028/02/2011FrenchPDF
Abridged model31/12/200805/06/200928/08/2009FrenchPDF
Abridged model31/12/200706/06/200809/06/2008FrenchPDF
Abridged model31/12/200601/06/200724/07/2007FrenchPDF

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.

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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 30/06/2021

2 active · 3 ended

Active mandates

OPTISSIMO

Chairman of the board of directors · since 27 mars 2020 · 0471.124.644

Represented by Jean-François BARBERY

Active
Dominique MICHEL

Director

Active

Ended mandates

Dominique MICHEL

Manager

Ended
Simone DELMULLE

Manager · until 21 octobre 2013

Ended
Simone DELMULLE

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates19/05/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates01/04/2020
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DIVERS - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/02/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Other07/04/2010
    ANNEE COMPTABLE
    PDF

Similar companies

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

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Timeline

  1. 2021
    Annual accounts 202110,1 k €↑
  2. 2020
    Annual accounts 2020-166,2 k €↓
  3. 2019
    Annual accounts 2019-98,9 k €↓
  4. 2018
    Annual accounts 20183,9 k €↑
  5. 2017
    Annual accounts 2017-209,7 k €↓
  6. 2016
    Annual accounts 201694,9 k €↓
  7. 2015
    Annual accounts 201597,4 k €↑
  8. 2014
    Annual accounts 201421,3 k €↑
  9. 2013
    Annual accounts 20132,4 k €↓
  10. 2012
    Annual accounts 201260,4 k €↑
  11. 2011
    Annual accounts 201119,7 k €↓
  12. 2010
    Annual accounts 201031,1 k €↑
  13. 2008
    Annual accounts 20087,8 k €↓
  14. 2007
    Annual accounts 200710,2 k €↓
  15. 2006
    Annual accounts 200611,7 k €
  16. 04/08/1999
    IncorporationPrivate limited company