OPENING OF BANKRUPTCY

HS-Group

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Financial year 2024 · closed on 30/09/2024
Net result
-323,4 k €
-650.1% YoY
Gross margin
-136,9 k €
-262.9% YoY
Equity
-181 k €
-227.0% YoY

Company — Opening of bankruptcy.

What does HS-Group do?

HS-Group is a Private limited company incorporated in 2012. Its main activity is: Electrical installation. Its registered office is in Gent.

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0500.801.793
Incorporation
09/11/2012
Legal form
Private limited company
Registered office
Orchideestraat 29
9041 Gent · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
30/09/2024
Activities (NACE)
43211Electrical installation· main43211Electrical installation42211Construction of utility projects for fluids42211Construction of utility projects for fluids
Signals
Healthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202420232022202120202019201820172016201520142013
Income statement
Gross margin-136,9 k €84,1 k €287,1 k €274 k €283,1 k €249,5 k €260,9 k €242,4 k €351,8 k €172,7 k €113 k €29,5 k €
EBITDA-292,5 k €-34 k €83,7 k €18,6 k €24,7 k €16,4 k €21,8 k €40,5 k €33,2 k €19,1 k €16,8 k €29,5 k €
Operating result-303,4 k €-38,2 k €66,3 k €10,8 k €10,3 k €9,7 k €17,6 k €36,2 k €29,1 k €15,6 k €15,3 k €29,5 k €
Net result-323,4 k €-43,1 k €43,4 k €7,6 k €8,4 k €10,5 k €11,5 k €26,5 k €11,3 k €12,2 k €15,9 k €19,8 k €
Balance sheet
Equity-181 k €142,5 k €185,6 k €142,2 k €134,7 k €126,3 k €115,8 k €104,3 k €77,8 k €66,5 k €54,3 k €38,4 k €
Total assets315,3 k €791,2 k €767,9 k €730,1 k €636,8 k €667 k €869,9 k €683,2 k €653,3 k €702,4 k €529,3 k €280,5 k €
Cash541,4 €27,5 k €46,2 k €4,8 k €24,2 k €11,5 k €36,3 k €147 k €135,6 k €47,3 k €334,6 k €235 k €
Debts496,3 k €648,7 k €582,3 k €587,9 k €500 k €540,7 k €680,1 k €504,9 k €501,5 k €613,7 k €475 k €242,1 k €
Other
Workforce–4,7 ETP5,1 ETP7,9 ETP8,9 ETP6,6 ETP7,5 ETP8,0 ETP9,0 ETP5,5 ETP4,5 ETP–
Governance

Board of directors

Seen on filing of 30/09/2024 · 1 active · 3 ended

Active mandates

Yasin Sancak

Director · since 09 novembre 2012

Active

Ended mandates

Hasan Sancak

Manager · since 09 novembre 2012

Ended
Yasin Sancak

Manager · since 09 novembre 2012

Ended
Yasin Sancak

Mandate

Ended
At this address

Other companies at this address

CompanyCBE no.
ABS-CARS● Active
0472.696.836
HS Meat Group● Active
0536.846.894
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202301/10/202201/10/202101/10/202001/10/201901/10/2018
Closing of the financial year30/09/202430/09/202330/09/202230/09/202130/09/202030/09/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date09/10/202501/07/202423/06/202305/05/202227/04/202112/05/2020
General meeting06/10/202510/02/202411/02/202312/02/202213/02/202108/02/2020
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

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202406/10/202509/10/2025DutchPDF
Abridged model30/09/202310/02/202401/07/2024DutchPDF
Abridged model30/09/202211/02/202323/06/2023DutchPDF
Abridged model30/09/202112/02/202205/05/2022DutchPDF
Abridged model30/09/202013/02/202127/04/2021DutchPDF
Abridged model30/09/201908/02/202012/05/2020DutchPDF
Abridged model30/09/201809/02/201903/05/2019DutchPDF
Abridged model30/09/201715/03/201811/04/2018DutchPDF
Abridged model30/09/201620/03/201709/05/2017DutchPDF
Abridged model30/09/201529/02/201629/03/2016DutchPDF
Abridged model30/09/201428/02/201525/03/2015DutchPDF
Abridged model30/09/201307/04/201421/05/2014DutchPDF
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 30/09/2024 · 1 active · 3 ended

Active mandates

Yasin Sancak

Director · since 09 novembre 2012

Active

Ended mandates

Hasan Sancak

Manager · since 09 novembre 2012

Ended
Yasin Sancak

Manager · since 09 novembre 2012

Ended
Yasin Sancak

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates08/07/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/12/2015
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other26/11/2012
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2024-323,4 k €↓
  2. 2023
    Annual accounts 2023-43,1 k €↓
  3. 2022
    Annual accounts 202243,4 k €↑
  4. 2021
    Annual accounts 20217,6 k €↓
  5. 2020
    Annual accounts 20208,4 k €↓
  6. 2019
    Annual accounts 201910,5 k €↓
  7. 2018
    Annual accounts 201811,5 k €↓
  8. 2017
    Annual accounts 201726,5 k €↑
  9. 2016
    Annual accounts 201611,3 k €↓
  10. 2015
    Annual accounts 201512,2 k €↓
  11. 2014
    Annual accounts 201415,9 k €↓
  12. 2013
    Annual accounts 201319,8 k €
  13. 09/11/2012
    IncorporationPrivate limited company