OPENING OF BANKRUPTCY

BelGaN

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Company — Opening of bankruptcy.

Financial year 2023 · Closed on 31/12/2023

Net result-8,3 M €-2 107,4 %over 1 year

Revenue55,4 M €-4,5 %over 1 year

Equity49,2 M €+104,7 %over 1 year

Workforce420,9 ETP+1,4 %over 1 year

Identity

Source · BCE/KBO

BelGaN is a Private limited company incorporated in 2002. Its main activity is: Manufacture of electronic components. Its registered office is in Oudenaarde. It employs on average 420,9 ETP workers (FTE).

Legal situation: Opening of bankruptcy
BCE/KBO no. / VAT: BE 0477.511.994
Incorporation: 10/05/2002
Legal form: Private limited company
Registered office: Westerring 15
9700 Oudenaarde · FlandreSee on map
Contributed capital: 36 507 404,56 €
Latest accounts: 31/12/2023
Average workforce: 420,9 ETP

Activities (NACE)

26110Manufacture of electronic components· main 26110Manufacture of electronic components 32100Manufacture of jewellery, bijouterie and related articles

Joint committees (2)

Signals

Solid equityHealthy social debtsHigh revenue

Financials

Source · NBB, 18 filings

Trend over 15 financial years

	2023		2022		2021		2020		2019
Income statement
Revenue	55,4 M €	-4.5%	58,1 M €	-49.3%	114,6 M €	-9.4%	126,5 M €	+5.1%	120,4 M €
EBITDA	-4,6 M €	-222%	3,8 M €	-63.2%	10,3 M €	-39.6%	17 M €	+2.7%	16,6 M €
Operating result	-10,2 M €	-1007%	-921 k €	-115%	6,3 M €	-11.5%	7,2 M €	+5.5%	6,8 M €
Net result	-8,3 M €	-2107%	411,7 k €	-90.2%	4,2 M €	-61.2%	10,9 M €	+191%	3,7 M €
Balance sheet
Equity	49,2 M €	+105%	24 M €	-46.6%	45 M €	+10.3%	40,8 M €	-13.2%	46,9 M €
Total assets	98,7 M €	+58.6%	62,3 M €	-17.3%	75,3 M €	-18.1%	91,9 M €	-5.8%	97,6 M €
Cash	3,1 M €	+50.5%	2,1 M €	-94.7%	39,5 M €	+156%	15,4 M €	-6.2%	16,4 M €
Debts	49,1 M €	+28.5%	38,2 M €	+26.1%	30,3 M €	-35.2%	46,8 M €	-7.5%	50,6 M €
Other
Workforce	420,9 ETP	+1.4%	415,0 ETP	-32.7%	616,6 ETP	-15.2%	727,5 ETP	-5.0%	765,5 ETP

Board of directors

Source · NBB, accounts to 31/12/2023

1 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
BelGaN Group0775.309.320Represented by Zhen Hong Zhou	Directorsince 31/01/2022

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Brent WILSON	Director06/05/2020 → 2021 accounts
Marc DIERICKX	Director06/05/2020 → 2022 accounts

Other companies at this address

Westerring 15 9700 Oudenaarde

Company	CBE no.
BelGaN Group● Bankrupt	0775.309.320
BelGaN Leasing● Bankrupt	0477.822.196
BELLASER● Active	1021.254.206
Incir● Liquidation	0421.056.313
Thema Foundries● Active	1026.517.346

Full financial information

Source · NBB

	2023	2022	2021	2020	2019	2018
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018
Closing of the financial year	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	24/06/2024	01/06/2023	25/05/2022	11/05/2021	18/05/2020	15/05/2019
General meeting	27/05/2024	15/05/2023	16/05/2022	05/05/2021	06/05/2020	02/05/2019
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 18 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2023	27/05/2024	24/06/2024	Dutch	PDF
Full model	31/12/2022	15/05/2023	01/06/2023	Dutch	PDF
Full model	31/12/2021	16/05/2022	25/05/2022	Dutch	PDF
Full model	31/12/2020	05/05/2021	11/05/2021	Dutch	PDF
Full model	31/12/2019	06/05/2020	18/05/2020	Dutch	PDF
Full model	31/12/2018	02/05/2019	15/05/2019	Dutch	PDF
Full model	31/12/2017	02/05/2018	15/05/2018	Dutch	PDF
Full model	31/12/2016	03/05/2017	12/05/2017	Dutch	PDF
Full model	31/12/2015	04/05/2016	26/05/2016	Dutch	PDF
Full model	31/12/2014	06/05/2015	28/05/2015	Dutch	PDF
Full model	31/12/2013	07/05/2014	02/06/2014	Dutch	PDF
Full model	31/12/2012	02/05/2013	17/05/2013	Dutch	PDF
Full model	31/12/2011	02/05/2012	21/05/2012	Dutch	PDF
Full model	31/12/2010	04/05/2011	25/05/2011	Dutch	PDF
Full model	31/12/2009	05/05/2010	27/05/2010	Dutch	PDF
Full model	31/12/2008	26/06/2009	28/07/2009	Dutch	PDF
Full model	31/12/2007	07/05/2008	17/06/2008	Dutch	PDF
Full model	31/12/2006	02/05/2007	15/06/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2023

1 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
BelGaN Group0775.309.320Represented by Zhen Hong Zhou	Directorsince 31/01/2022

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Brent WILSON	Director06/05/2020 → 2021 accounts
Marc DIERICKX	Director06/05/2020 → 2022 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates11/03/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other01/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates24/01/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other16/06/2022
DIVERSEN
PDF
Mandates30/03/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/02/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/02/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Other17/11/2021
DIVERSEN
PDF

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Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings15 filings

Mandates

BelGaN Group

Brent WILSON

Marc DIERICKX

Sandra COOL

Damien MACQ

Johan HEYMAN

Rudy DE LEEUW

Kris SENNESAEL

Walter MATTHEUS

2002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

BelGaNON Semiconductor BelgiumAMI SEMICONDUCTOR BELGIUM

Westerring 15, 9700 Oudenaarde

Director

DirectorManager

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Westerring 15, 9700 OudenaardeCurrent	accounts 2021 → 2023	Accounts 2023 · 2024-00159781

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
BelGaNCurrent	accounts 2021 → 2023	Accounts 2023 · 2024-00159781
ON Semiconductor Belgium	accounts 2008 → 2020	Accounts 2020 · 2021-14200061
AMI SEMICONDUCTOR BELGIUM	accounts 2006 → 2007	Accounts 2007 · 2008-24800002

Events

2023
Annual accounts 2023-8,3 M €↓
15/05/2023
reconductionVGD Bedrijfsrevisoren BV · commissaris
2022
Annual accounts 2022411,7 k €↓
2021
Annual accounts 20214,2 M €↓
2021
Name changeBelGaN
2020
Annual accounts 202010,9 M €↑
2019
Annual accounts 20193,7 M €↓
2018
Annual accounts 20184,1 M €↑
2017
Annual accounts 20173,5 M €↓
2016
Annual accounts 20163,6 M €↑
2015
Annual accounts 20152,8 M €↓
2011
Annual accounts 20115,6 M €↓
2010
Annual accounts 20105,8 M €↑
2009
Annual accounts 2009-434,9 k €↑
2008
Annual accounts 2008-4,4 M €↓
2008
Name changeON Semiconductor Belgium
2007
Annual accounts 2007855,5 k €↓
2006
Annual accounts 200611,5 M €
10/05/2002
IncorporationPrivate limited company

BelGaN

Overview

Identity

Financials

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

Timeline

Registered offices

Company names

Events