OPENING OF BANKRUPTCY

EMD

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Company — Opening of bankruptcy.

Financial year 2023 · Closed on 30/09/2023

Net result862,4 €-91,8 %over 1 year

Gross margin220,1 k €+5,4 %over 1 year

Equity135,4 k €+0,6 %over 1 year

Workforce2,7 ETP+3,8 %over 1 year

Identity

Source · BCE/KBO

EMD is a Private limited company incorporated in 2002. Its main activity is: Electrical installation. Its registered office is in Ingelmunster. It employs on average 2,7 ETP workers (FTE).

Legal situation: Opening of bankruptcy
BCE/KBO no. / VAT: BE 0478.913.348
Incorporation: 03/12/2002
Legal form: Private limited company
Registered office: Rozestraat 2
8770 Ingelmunster · FlandreSee on map
Contributed capital: 58 600,00 €
Latest accounts: 30/09/2023
Average workforce: 2,7 ETP

Activities (NACE)

43211Electrical installation· main 43211Electrical installation 45310Wholesale trade of motor vehicle parts and accessories 43320Joinery installation 43320Joinery installation 45422Sale, maintenance and repair of motorcycles and related parts and accessories

Joint committees (3)

149
14901
218

Signals

ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 18 filings

Trend over 17 financial years

	2023		2022		2021		2020		2019
Income statement
Gross margin	220,1 k €	+5.4%	208,7 k €	-21.4%	265,5 k €	+44.1%	184,2 k €	+26.0%	146,2 k €
EBITDA	19,3 k €	-36.5%	30,4 k €	+18.6%	25,7 k €	+55.0%	16,6 k €	-35.2%	25,6 k €
Operating result	10,6 k €	-48.7%	20,6 k €	+24.2%	16,6 k €	+73.2%	9,6 k €	-38.8%	15,7 k €
Net result	862,4 €	-91.8%	10,5 k €	+293%	2,7 k €	+34.0%	2 k €	+29.5%	1,5 k €
Balance sheet
Equity	135,4 k €	+0.6%	134,5 k €	+8.5%	124 k €	+2.2%	121,4 k €	+1.7%	119,4 k €
Total assets	613,3 k €	-20.1%	767,6 k €	+18.0%	650,6 k €	-1.6%	660,9 k €	+17.8%	561,1 k €
Cash	9,8 k €	+49.3%	6,5 k €	+139%	2,7 k €	+339%	623 €	-94.8%	11,9 k €
Debts	464,4 k €	-24.4%	614,1 k €	+22.4%	501,7 k €	-7.0%	539,5 k €	+22.1%	441,8 k €
Other
Workforce	2,7 ETP	+3.8%	2,6 ETP		–		–		–

Board of directors

Source · NBB, accounts to 30/09/2023

1 active

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Olivier Deschietere	Directorsince 05/12/2023Administrator - manager20/11/2002 → 2014 accountsendedManager20/11/2002 → 2010 accountsended

Full financial information

Source · NBB

	2023	2022	2021	2020	2019	2018
Type of account	Abridged model	Abridged model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/10/2022	01/10/2021	01/10/2020	01/10/2019	01/10/2018	01/10/2017
Closing of the financial year	30/09/2023	30/09/2022	30/09/2021	30/09/2020	30/09/2019	30/09/2018
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/04/2024	16/03/2023	25/04/2022	30/04/2021	03/04/2020	30/04/2019
General meeting	30/03/2024	04/03/2023	25/03/2022	27/04/2021	23/03/2020	25/04/2019
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
Abridged model	30/09/2023	30/03/2024	29/04/2024	Dutch	PDF
Abridged model	30/09/2022	04/03/2023	16/03/2023	Dutch	PDF
Micro model	30/09/2021	25/03/2022	25/04/2022	Dutch	PDF
Micro model	30/09/2020	27/04/2021	30/04/2021	Dutch	PDF
Micro model	30/09/2019	23/03/2020	03/04/2020	Dutch	PDF
Micro model	30/09/2018	25/04/2019	30/04/2019	Dutch	PDF
Micro model	30/09/2017	03/03/2018	27/03/2018	Dutch	PDF
Abridged model	30/09/2016	30/03/2017	28/04/2017	Dutch	PDF
Abridged model	30/09/2015	05/03/2016	17/03/2016	Dutch	PDF
Abridged model	30/09/2014	07/03/2015	30/03/2015	Dutch	PDF
Abridged model	30/09/2013	01/03/2014	24/04/2014	Dutch	PDF
Abridged model	30/09/2012	02/03/2013	18/04/2013	Dutch	PDF
Abridged model	30/09/2011	03/03/2012	27/04/2012	Dutch	PDF
Abridged model	30/09/2010	05/03/2011	24/03/2011	Dutch	PDF
Abridged model	30/09/2009	06/03/2010	25/03/2010	Dutch	PDF
Abridged model	30/09/2008	07/03/2009	31/03/2009	Dutch	PDF
Abridged model	30/09/2007	01/03/2008	05/05/2008	Dutch	PDF
Abridged model	30/09/2006	03/03/2007	26/03/2007	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 30/09/2023

1 active

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Olivier Deschietere	Directorsince 05/12/2023Administrator - manager20/11/2002 → 2014 accountsendedManager20/11/2002 → 2010 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates19/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/02/2007
ONTSLAG NIET STATUTAIRE ZAAKVOERDER
PDF
Registered office14/09/2005
MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates17/12/2004
ONTSLAGEN - BENOEMINGEN
PDF
Other10/12/2002
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

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Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings17 filings

Mandates

Olivier Deschietere

2002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

EMD

Rozestraat 2, 8770 Ingelmunster

DirectorAdministrator - managerManager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rozestraat 2, 8770 IngelmunsterCurrent	accounts 2021 → 2023	Accounts 2023 · 2024-00071472

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
EMDCurrent	accounts 2007 → 2023	Accounts 2023 · 2024-00071472

Events

2023
Annual accounts 2023862,4 €↓
2022
Annual accounts 202210,5 k €↑
2021
Annual accounts 20212,7 k €↑
2020
Annual accounts 20202 k €↑
2019
Annual accounts 20191,5 k €↑
2018
Annual accounts 20181 k €↓
2017
Annual accounts 20172,8 k €↑
2016
Annual accounts 2016763,1 €↑
2015
Annual accounts 2015-3,7 k €↓
2014
Annual accounts 20143 k €↓
2013
Annual accounts 20133,3 k €↓
2012
Annual accounts 20123,8 k €↑
2011
Annual accounts 20113,4 k €↑
2010
Annual accounts 20101,9 k €↑
2009
Annual accounts 2009945,4 €↑
2008
Annual accounts 200815,7 €↓
2007
Annual accounts 20075,4 k €
03/12/2002
IncorporationPrivate limited company

EMD

Overview

Identity

Financials

Board of directors

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