OPENING OF BANKRUPTCY

SADEC

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Financial year 2020 · closed on 31/12/2020

Net result

1,6 k €

+85.2% YoY

Gross margin

402,3 €

-77.8% YoY

Equity

47,7 k €

+3.4% YoY

Company — Opening of bankruptcy.

What does SADEC do?

SADEC is a Private company with limited liability incorporated in 1999. Its registered office is in Ganshoren.

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0469.220.276

Incorporation

31/12/1999

Legal form

Private company with limited liability

Registered office

Rue Prince Baudouin 67
1083 Ganshoren · BruxellesSee on map

Contributed capital

20 000,00 €

Latest accounts

31/12/2020

Joint committees (1)

Signals

ProfitableSolid equityGood liquidityPositive cashflow

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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		2007		2006
Income statement
Gross margin	402,3 €	-77.8%	1,8 k €	-91.6%	21,7 k €	+87.3%	11,6 k €	-42.6%	20,2 k €	+108%	9,7 k €	-39.5%	16 k €	-4.1%	16,7 k €	+116%	7,7 k €	-78.7%	36,3 k €	+381%	7,5 k €	-8.4%	8,2 k €	+143%	3,4 k €	+487%	-873,5 €	-110%	8,9 k €
EBITDA	-834,9 €	-266%	503,2 €	-97.5%	20,1 k €	+89.9%	10,6 k €	-42.2%	18,4 k €	+111%	8,7 k €	-41.7%	14,9 k €	-7.1%	16,1 k €	+138%	6,8 k €	-80.3%	34,3 k €	+600%	4,9 k €	-33.9%	7,4 k €	+148%	3 k €	+172%	-4,2 k €	-149%	8,5 k €
Operating result	-834,9 €	-266%	503,2 €	-97.5%	19,8 k €	+95.4%	10,2 k €	-22.2%	13,1 k €	+300%	3,3 k €	-49.4%	6,5 k €	+0.1%	6,4 k €	+307%	-3,1 k €	-111%	28,8 k €	+4251%	-693,5 €	-119%	3,6 k €	+154%	-6,7 k €	-4.7%	-6,4 k €	-288%	3,4 k €
Net result	1,6 k €	+85.2%	853,7 €	-94.0%	14,3 k €	+114%	6,7 k €	-16.0%	8 k €	+559%	1,2 k €	-70.4%	4,1 k €	+184%	1,4 k €	+128%	-5,1 k €	-120%	25,9 k €	+809%	-3,7 k €	-627%	693,7 €	+111%	-6,5 k €	+5.6%	-6,9 k €	-307%	3,3 k €
Balance sheet
Equity	47,7 k €	+3.4%	46,1 k €	+1.9%	45,2 k €	+46.4%	30,9 k €	+27.7%	24,2 k €	-0.1%	24,2 k €	-17.5%	29,4 k €	+16.2%	25,3 k €	+6.0%	23,8 k €	-17.6%	28,9 k €	+863%	3 k €	-54.9%	6,7 k €	+11.6%	6 k €	-52.2%	12,5 k €	-35.6%	19,4 k €
Total assets	49,9 k €	-31.2%	72,5 k €	-8.9%	79,6 k €	+0.4%	79,3 k €	+3.1%	76,9 k €	+16.3%	66,1 k €	-12.5%	75,6 k €	+5.6%	71,6 k €	-21.6%	91,3 k €	-16.2%	108,9 k €	+67.0%	65,2 k €	-19.1%	80,7 k €	+16.4%	69,3 k €	+56.5%	44,3 k €	+32.4%	33,4 k €
Cash	4,5 k €	-53.5%	9,7 k €	+76.5%	5,5 k €	+2171%	241,2 €	-98.5%	15,6 k €	+22.1%	12,8 k €	-7.4%	13,8 k €	-24.5%	18,2 k €	+26.3%	14,4 k €	-52.2%	30,2 k €	+150%	12,1 k €	-49.3%	23,9 k €	+374%	5 k €	+51.1%	3,3 k €	-47.6%	6,3 k €
Debts	2,2 k €	-91.5%	26,3 k €	-23.5%	34,3 k €	-29.0%	48,4 k €	-8.2%	52,7 k €	+25.8%	41,9 k €	-9.4%	46,2 k €	-0.2%	46,3 k €	-31.4%	67,4 k €	-15.3%	79,6 k €	+27.9%	62,2 k €	-15.9%	74 k €	+16.9%	63,3 k €	+99.2%	31,8 k €	+126%	14 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		0,2 ETP		–

Governance

Board of directors

Seen on filing of 31/12/2020 · 1 active · 2 ended

Active mandates

Sadettin ELIFOGLU

Director · since 31 mars 2004

Active

Ended mandates

Sadettin ELIFOGLU

Manager · since 01 avril 2004

Ended

Sadettin Elifoglu

Manager · since 27 décembre 1999

Ended

At this address

Other companies at this address

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GLOBAL INNOVATION NETWORK● Active	0717.754.567
INS & CO● Active	0707.970.930
SECURITY AND PROTECTION GROUP● Active	0817.753.451
VDN CARE● Active	0771.951.041

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	16/03/2021	17/09/2020	05/06/2019	31/08/2018	30/08/2017	31/08/2016
General meeting	15/03/2021	27/05/2020	22/05/2019	23/05/2018	24/05/2017	27/05/2016
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

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2020	15/03/2021	16/03/2021	French	PDF
Micro model	31/12/2019	27/05/2020	17/09/2020	French	PDF
Micro model	31/12/2018	22/05/2019	05/06/2019	French	PDF
Micro model	31/12/2017	23/05/2018	31/08/2018	French	PDF
Micro model	31/12/2016	24/05/2017	30/08/2017	French	PDF
Abridged model	31/12/2015	27/05/2016	31/08/2016	French	PDF
Abridged model	31/12/2014	27/05/2015	12/06/2015	French	PDF
Abridged model	31/12/2013	28/05/2014	17/06/2014	French	PDF
Abridged model	31/12/2012	22/05/2013	30/08/2013	French	PDF
Abridged model	31/12/2011	22/05/2012	31/07/2012	French	PDF
Abridged model	31/12/2010	24/05/2011	30/08/2011	French	PDF
Abridged model	31/12/2009	26/05/2010	16/08/2010	French	PDF
Abridged model	31/12/2008	27/05/2009	15/07/2009	French	PDF
Abridged model	31/12/2007	28/05/2008	07/06/2008	French	PDF
Abridged model	31/12/2006	23/05/2007	06/06/2007	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 · 2 ended

Active mandates

Sadettin ELIFOGLU

Director · since 31 mars 2004

Active

Ended mandates

Sadettin ELIFOGLU

Manager · since 01 avril 2004

Ended

Sadettin Elifoglu

Manager · since 27 décembre 1999

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/03/2022
MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/12/2021
SIEGE SOCIAL - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates14/04/2004
DEMISSIONS, NOMINATIONS
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 20201,6 k €↑
2019
Annual accounts 2019853,7 €↓
2018
Annual accounts 201814,3 k €↑
2017
Annual accounts 20176,7 k €↓
2016
Annual accounts 20168 k €↑
2015
Annual accounts 20151,2 k €↓
2014
Annual accounts 20144,1 k €↑
2013
Annual accounts 20131,4 k €↑
2012
Annual accounts 2012-5,1 k €↓
2011
Annual accounts 201125,9 k €↑
2010
Annual accounts 2010-3,7 k €↓
2009
Annual accounts 2009693,7 €↑
2008
Annual accounts 2008-6,5 k €↑
2007
Annual accounts 2007-6,9 k €↓
2006
Annual accounts 20063,3 k €
31/12/1999
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

SADEC

Overview

What does SADEC 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