OPENING OF BANKRUPTCY

PRO PAINTS

Financial year 2022 · closed on 31/03/2022
Net result
-2,5 k €
-673.4% YoY
Gross margin
11,8 k €
+55.6% YoY
Equity
-6,5 k €
-60.2% YoY

Company — Opening of bankruptcy.

What does PRO PAINTS do?

PRO PAINTS is a Private company with limited liability incorporated in 2002. Its main activity is: Wholesale of wood, construction materials and sanitary equipment. Its registered office is in Maldegem.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0476.724.316
Incorporation
24/01/2002
Legal form
Private company with limited liability
Registered office
Parklaan 7
9990 Maldegem · FlandreSee on map
Contributed capital
18 000,00 €
Latest accounts
31/03/2022
Signals
Positive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20222021202020192018201720162015201420132012201120102008
Income statement
Gross margin11,8 k €7,6 k €12,7 k €9,2 k €3,4 k €10,8 k €-5,1 k €16,7 k €14,8 k €1,9 k €-1,7 k €8 k €7,7 k €24,4 k €
EBITDA3,4 k €4,1 k €8,5 k €7,5 k €2,2 k €9,2 k €-6,6 k €15,7 k €13,7 k €1,1 k €-3,2 k €6,6 k €6,7 k €23,6 k €
Operating result-1,5 k €-206,5 €4,6 k €5,9 k €738,9 €7,8 k €-8,3 k €11,5 k €8,4 k €-3,1 k €-12,2 k €-3,3 k €-1,8 k €16,9 k €
Net result-2,5 k €427,4 €4,2 k €6 k €306,8 €8,8 k €-8,7 k €11,3 k €7 k €-4,7 k €-13,7 k €-8,1 k €-3,3 k €14,3 k €
Balance sheet
Equity-6,5 k €-4,1 k €-4,5 k €-8,7 k €-14,7 k €-15 k €-23,8 k €-15,1 k €-26,4 k €-33,4 k €-28,7 k €-15 k €-6,9 k €-965 €
Total assets26,8 k €39,8 k €30,6 k €25,3 k €6,8 k €4,4 k €5,2 k €25,1 k €13,4 k €29,9 k €28,6 k €37,4 k €48,2 k €56,2 k €
Cash1,9 k €3,7 k €409,1 €457,2 €1,3 €7 k €49,5 €823 €
Debts33,4 k €43,8 k €35,1 k €34 k €21,5 k €19,3 k €29 k €40,2 k €39,8 k €63,3 k €57,3 k €52,4 k €55,1 k €57,1 k €
Governance

Board of directors

Seen on filing of 31/03/2022 · 2 active

Active mandates

Joeric Van Haecke

Mandate

Active
Marcel Van Haecke

Mandate

Active
At this address

Other companies at this address

CompanyCBE no.
1004.429.951
Annual accounts

Full financial information

202220212020201920182017
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/04/202101/04/202001/04/201901/04/201801/04/201701/04/2016
Closing of the financial year31/03/202231/03/202131/03/202031/03/201931/03/201831/03/2017
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/12/202203/11/202131/10/202031/10/201931/10/201830/10/2017
General meeting09/09/202210/09/202111/09/202013/09/201914/09/201808/09/2017
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/03/202209/09/202223/12/2022DutchPDF
Micro model31/03/202110/09/202103/11/2021DutchPDF
Micro model31/03/202011/09/202031/10/2020DutchPDF
Micro model31/03/201913/09/201931/10/2019DutchPDF
Micro model31/03/201814/09/201831/10/2018DutchPDF
Micro model31/03/201708/09/201730/10/2017DutchPDF
Abridged model31/03/201609/09/201631/10/2016DutchPDF
Abridged model31/03/201511/09/201506/10/2015DutchPDF
Abridged model31/03/201412/09/201411/10/2014DutchPDF
Abridged model31/03/201313/09/201331/10/2013DutchPDF
Abridged model31/03/201214/09/201215/11/2012DutchPDF
Abridged model31/03/201109/09/201112/12/2011DutchPDF
Abridged model31/03/201010/09/201027/12/2010DutchPDF
Abridged model31/03/200812/09/200831/03/2009DutchPDF
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 31/03/2022 · 2 active

Active mandates

Joeric Van Haecke

Mandate

Active
Marcel Van Haecke

Mandate

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/04/2025
    Benoemingen - Ontslagen : .
    PDF
  • Mandates07/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/06/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/04/2006
    MAATSCHAPPELIJKE ZETEL - BENAMING - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates07/05/2003
    ONTSLAGEN - BENOEMINGEN - 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. 2022
    Annual accounts 2022-2,5 k €
  2. 2021
    Annual accounts 2021427,4 €
  3. 2020
    Annual accounts 20204,2 k €
  4. 2019
    Annual accounts 20196 k €
  5. 2018
    Annual accounts 2018306,8 €
  6. 2017
    Annual accounts 20178,8 k €
  7. 2016
    Annual accounts 2016-8,7 k €
  8. 2015
    Annual accounts 201511,3 k €
  9. 2014
    Annual accounts 20147 k €
  10. 2013
    Annual accounts 2013-4,7 k €
  11. 2012
    Annual accounts 2012-13,7 k €
  12. 2011
    Annual accounts 2011-8,1 k €
  13. 2010
    Annual accounts 2010-3,3 k €
  14. 2008
    Annual accounts 200814,3 k €
  15. 24/01/2002
    IncorporationPrivate company with limited liability