VOLUNTARY DISSOLUTION - LIQUIDATION

El Nino Development

Financial year 2024 · closed on 31/12/2024
Net result
2,2 M €
+420.4% YoY
Gross margin
3,6 M €
+184.7% YoY
Equity
4,4 M €
+101.0% YoY
Workforce
3,6 ETP
-41.9% YoY

Company — Voluntary dissolution - liquidation.

What does El Nino Development do?

El Nino Development is a Private limited company incorporated in 2000. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Sint-Gillis-Waas. It employs on average 3,6 ETP workers (FTE).

Legal situation
Voluntary dissolution - liquidation
BCE/KBO no. / VAT
BE 0473.084.737
Incorporation
19/10/2000
Legal form
Private limited company
Registered office
Kerkstraat(SGW) 48
9170 Sint-Gillis-Waas · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2024
Average workforce
3,6 ETP
Joint committees (4)
  • 124
  • 14904
  • 200
  • 218
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin3,6 M €1,3 M €1,2 M €1,1 M €923,2 k €1 M €962,3 k €868,5 k €789,8 k €854,7 k €882,5 k €314,4 k €278,2 k €288,1 k €325,2 k €357,5 k €449,8 k €461 k €381,9 k €
EBITDA3,3 M €670,1 k €647,2 k €567,6 k €497,4 k €429,4 k €395,9 k €326,5 k €297,2 k €349 k €372,1 k €308,6 k €264,4 k €286,4 k €318,2 k €339,1 k €428,6 k €446,5 k €381,7 k €
Operating result3,2 M €618,3 k €586,5 k €501,6 k €402,5 k €323 k €311,9 k €228,2 k €230,3 k €221,2 k €200,7 k €202,5 k €203,6 k €84,6 k €177,5 k €133,9 k €295,5 k €334,3 k €311 k €
Net result2,2 M €422,9 k €403,4 k €340,5 k €272,3 k €204,4 k €205,3 k €124,9 k €129 k €124 k €120,9 k €134,5 k €138,7 k €51,9 k €103,8 k €81 k €177,1 k €206 k €198,9 k €
Balance sheet
Equity4,4 M €2,2 M €1,8 M €1,6 M €1,6 M €1,3 M €1,1 M €932,6 k €1,6 M €1,5 M €1,4 M €1,3 M €1,2 M €1,1 M €1,1 M €948,8 k €867,8 k €702,1 k €505,2 k €
Total assets4,7 M €2,5 M €2,1 M €1,9 M €2 M €1,8 M €1,7 M €1,9 M €1,8 M €1,7 M €2 M €1,4 M €1,3 M €1,6 M €1,6 M €1,6 M €1,7 M €1,8 M €1,4 M €
Cash2,1 M €726,7 k €250,6 k €382,5 k €367,6 k €67,6 k €308,5 k €118,6 k €317,1 k €213,7 k €262,7 k €285,1 k €232,2 k €261,4 k €125 k €58,3 k €41,5 k €25,3 k €29,7 k €
Debts278,2 k €318,2 k €359 k €251,2 k €349,1 k €429 k €589,1 k €967,3 k €168,9 k €174,6 k €563 k €116,2 k €102,4 k €474,4 k €511,6 k €688,5 k €865,4 k €1,1 M €927,9 k €
Other
Workforce3,6 ETP6,2 ETP6,6 ETP6,5 ETP6,6 ETP6,8 ETP6,1 ETP6,1 ETP5,8 ETP7,3 ETP6,9 ETP
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 11 ended

Active mandates

John De Kind

Director

Active

Ended mandates

John De Kind

Director · since 11 avril 2014

Ended
John De Kind

Manager · since 27 mars 2014

Ended
Gian-Marco De Kind

Director · since 23 juin 2011

Ended
Better Air Filters De Kind

Director · 0471.819.183

Represented by John De Kind

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/08/202527/08/202422/08/202319/07/202231/08/202116/07/2020
General meeting26/06/202527/06/202422/06/202323/06/202224/06/202125/06/2020
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202426/06/202529/08/2025DutchPDF
Abridged model31/12/202327/06/202427/08/2024DutchPDF
Abridged model31/12/202222/06/202322/08/2023DutchPDF
Abridged model31/12/202123/06/202219/07/2022DutchPDF
Abridged model31/12/202024/06/202131/08/2021DutchPDF
Abridged model31/12/201925/06/202016/07/2020DutchPDF
Abridged model31/12/201827/06/201901/07/2019DutchPDF
Abridged model31/12/201728/06/201814/08/2018DutchPDF
Abridged model31/12/201622/06/201705/07/2017DutchPDF
Abridged model31/12/201523/06/201629/07/2016DutchPDF
Abridged model31/12/201425/06/201508/07/2015DutchPDF
Abridged model31/12/201326/06/201411/07/2014DutchPDF
Abridged model31/12/201227/06/201326/07/2013DutchPDF
Abridged model31/12/201128/06/201231/08/2012DutchPDF
Abridged model31/12/201023/06/201104/07/2011DutchPDF
Abridged model31/12/200924/06/201006/07/2010DutchPDF
Abridged model31/12/200825/06/200903/07/2009DutchPDF
Abridged model31/12/200726/06/200830/06/2008DutchPDF
Abridged model31/12/200628/06/200709/07/2007DutchPDF
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 31/12/2024 · 1 active · 11 ended

Active mandates

John De Kind

Director

Active

Ended mandates

John De Kind

Director · since 11 avril 2014

Ended
John De Kind

Manager · since 27 mars 2014

Ended
Gian-Marco De Kind

Director · since 23 juin 2011

Ended
Better Air Filters De Kind

Director · 0471.819.183

Represented by John De Kind

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/04/2026
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other09/09/2024
    BENAMING
    PDF
  • Mandates12/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares08/01/2018
    KAPITAAL - AANDELEN
    PDF
  • Mandates11/04/2014
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Registered office03/01/2014
    BENAMING - MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates30/04/2012
    ONTSLAGEN - BENOEMINGEN - MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates18/10/2004
    DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - KAPITAAL - AANDELEN
    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. 2024
    Annual accounts 20242,2 M €
  2. 2024
    Name changeEl Nino Development
  3. 2023
    Annual accounts 2023422,9 k €
  4. 2022
    Annual accounts 2022403,4 k €
  5. 2021
    Annual accounts 2021340,5 k €
  6. 2021
    Name changeAir Filters De Kind
  7. 2020
    Annual accounts 2020272,3 k €
  8. 2019
    Annual accounts 2019204,4 k €
  9. 2018
    Annual accounts 2018205,3 k €
  10. 2017
    Annual accounts 2017124,9 k €
  11. 2016
    Annual accounts 2016129 k €
  12. 2015
    Annual accounts 2015124 k €
  13. 2014
    Annual accounts 2014120,9 k €
  14. 2013
    Annual accounts 2013134,5 k €
  15. 2012
    Annual accounts 2012138,7 k €
  16. 2011
    Annual accounts 201151,9 k €
  17. 2010
    Annual accounts 2010103,8 k €
  18. 2009
    Annual accounts 200981 k €
  19. 2008
    Annual accounts 2008177,1 k €
  20. 2007
    Annual accounts 2007206 k €
  21. 2006
    Annual accounts 2006198,9 k €
  22. 19/10/2000
    IncorporationPrivate limited company