NORMAL SITUATION

LORIN

Financial year 2020 · closed on 31/12/2020
Net result
-5,2 k €
-241.8% YoY
Revenue
1,1 k €
-45.5% YoY
Equity
21,7 k €
-19.2% YoY

Company — Normal situation.

What does LORIN do?

LORIN is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0477.073.714
Legal form
Private company with limited liability
Contributed capital
18 600,00 €
Latest accounts
31/12/2020
Joint committees (2)
  • 118
  • 201
Signals
Solid equityGood liquidity
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20202019201820172016201520142013201220112010200920072006
Income statement
Revenue1,1 k €1,9 k €94,2 k €119,1 k €138,2 k €129,7 k €101,2 k €124,6 k €138,3 k €104 k €114,6 k €122,7 k €168,6 k €173,5 k €
EBITDA-1,6 k €-2,9 k €-16,6 k €6,2 k €6 k €5,8 k €8,8 k €3,5 k €3,9 k €-2,6 k €7,9 k €10,4 k €34,8 k €26,3 k €
Operating result-5,2 k €-6,4 k €-20,2 k €531,2 €1 k €762 €3,8 k €1 k €-3,7 k €-7,6 k €2,6 k €3,9 k €19,6 k €9 k €
Net result-5,2 k €-1,5 k €-20,5 k €32 €777,3 €626,6 €2,8 k €3,7 k €242 €445,7 €248,1 €173 €5 k €5,4 k €
Balance sheet
Equity21,7 k €26,9 k €28,4 k €48,9 k €48,9 k €48,1 k €47,5 k €44,6 k €40,9 k €40,7 k €40,2 k €37,4 k €34,4 k €29,4 k €
Total assets25,2 k €30,4 k €45 k €93,1 k €81,5 k €77,4 k €58 k €56,3 k €48,7 k €67,1 k €57,8 k €61,3 k €56 k €54,6 k €
Cash8,7 k €9,7 k €23,9 k €736,3 €666,3 €27,9 k €7,8 k €27,9 k €12,9 k €13,3 k €13,8 k €17,2 k €23,2 k €10,1 k €
Debts3,5 k €3,5 k €16,6 k €44,1 k €32,6 k €29,3 k €10,5 k €11,7 k €7,8 k €26,4 k €17,5 k €23,8 k €21,6 k €25,2 k €
Other
Workforce1,6 ETP2,2 ETP1,7 ETP0,6 ETP2,1 ETP0,7 ETP0,3 ETP0,2 ETP
Governance

Board of directors

Seen on filing of 31/12/2020 · 1 active · 4 ended

Active mandates

Ari Bekir

Mandate

Active

Ended mandates

Mehmet Yardimsever

Manager · since 01 juillet 2013

Ended
Mehmet Yardimsever

Manager · since 01 juillet 2012

Ended
Melahat Yardimsever

Manager · since 01 avril 2003

Ended
Mehmet Yardimsever

Manager · since 04 mars 2002

Ended
Annual accounts

Full financial information

202020192018201720162015
Type of accountMicro modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202001/01/201901/01/201801/01/201701/01/201601/01/2015
Closing of the financial year31/12/202031/12/201931/12/201831/12/201731/12/201631/12/2015
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date25/08/202231/10/202029/10/201931/10/201830/08/201708/08/2016
General meeting07/06/202102/06/202004/06/201905/06/201805/06/201707/06/2016
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

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202007/06/202125/08/2022DutchPDF
Abridged model31/12/201902/06/202031/10/2020DutchPDF
Abridged model31/12/201804/06/201929/10/2019DutchPDF
Abridged model31/12/201705/06/201831/10/2018DutchPDF
Abridged model31/12/201605/06/201730/08/2017DutchPDF
Abridged model31/12/201507/06/201608/08/2016DutchPDF
Abridged model31/12/201402/06/201530/09/2015DutchPDF
Abridged model31/12/201303/06/201429/08/2014DutchPDF
Abridged model31/12/201204/06/201330/09/2013DutchPDF
Abridged model31/12/201121/06/201227/11/2012DutchPDF
Abridged model31/12/201007/06/201119/08/2011DutchPDF
Abridged model31/12/200901/06/201030/08/2010DutchPDF
Abridged model31/12/200703/06/200831/10/2008DutchPDF
Abridged model31/12/200605/06/200708/08/2007DutchPDF
Abridged model31/12/200506/06/200629/08/2006DutchPDF
Abridged model31/12/200407/06/200531/10/2005DutchPDF
Abridged model31/12/200301/06/200431/12/2004DutchPDF
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 · 4 ended

Active mandates

Ari Bekir

Mandate

Active

Ended mandates

Mehmet Yardimsever

Manager · since 01 juillet 2013

Ended
Mehmet Yardimsever

Manager · since 01 juillet 2012

Ended
Melahat Yardimsever

Manager · since 01 avril 2003

Ended
Mehmet Yardimsever

Manager · since 04 mars 2002

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2020
    Annual accounts 2020-5,2 k €
  2. 2019
    Annual accounts 2019-1,5 k €
  3. 2018
    Annual accounts 2018-20,5 k €
  4. 2017
    Annual accounts 201732 €
  5. 2016
    Annual accounts 2016777,3 €
  6. 2015
    Annual accounts 2015626,6 €
  7. 2014
    Annual accounts 20142,8 k €
  8. 2013
    Annual accounts 20133,7 k €
  9. 2012
    Annual accounts 2012242 €
  10. 2011
    Annual accounts 2011445,7 €
  11. 2010
    Annual accounts 2010248,1 €
  12. 2009
    Annual accounts 2009173 €
  13. 2007
    Annual accounts 20075 k €
  14. 2006
    Annual accounts 20065,4 k €