EIB Insulation
0506.928.334 · rovalta.com · 22/09/2026
OPENING OF BANKRUPTCY
EIB Insulation
Financial year 2023 · closed on 31/12/2023
Net result
126 k €
-61.7% YoY
Revenue
48,1 M €
-9.5% YoY
Equity
1,9 M €
-9.5% YoY
Workforce
100,4 ETP
+17.2% YoY
Company — Opening of bankruptcy.
Overview
What does EIB Insulation do?
EIB Insulation is a Public limited company incorporated in 2014. Its main activity is: Electrical, plumbing and other construction installation activities. Its registered office is in Schoten. It employs on average 100,4 ETP workers (FTE).
Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0506.928.334
Incorporation
17/12/2014
Legal form
Public limited company
Registered office
Melkerijstraat 61-63
2900 Schoten · FlandreSee on map
2900 Schoten · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2023
Average workforce
100,4 ETP
Activities (NACE)
Joint committees (2)
- 124
- 200
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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Financials
Trend over 6 financial years
| 2023 | 2022 | 2020 | 2017 | 2016 | 2015 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||
| Revenue | 48,1 M € | -9.5% | 53,1 M € | – | – | – | – | ||||
| EBITDA | 1,1 M € | -24.8% | 1,4 M € | -3.1% | 1,4 M € | +159304% | 905,7 € | -88.4% | 7,8 k € | +33.5% | 5,8 k € |
| Operating result | 581,3 k € | -42.6% | 1 M € | +3.1% | 982,8 k € | +108414% | 905,7 € | -88.4% | 7,8 k € | +33.5% | 5,8 k € |
| Net result | 126 k € | -61.7% | 328,6 k € | -27.4% | 452,8 k € | +68624% | 658,8 € | -87.1% | 5,1 k € | +28.2% | 4 k € |
| Balance sheet | |||||||||||
| Equity | 1,9 M € | -9.5% | 2 M € | +5.1% | 1,9 M € | +6783% | 28,3 k € | +2.4% | 27,6 k € | +22.6% | 22,5 k € |
| Total assets | 22,9 M € | +28.4% | 17,9 M € | +105% | 8,7 M € | +865% | 906 k € | -0.3% | 908,5 k € | +0.7% | 902,3 k € |
| Cash | 260,1 k € | -72.1% | 932 k € | +34.3% | 693,9 k € | +17220% | 4 k € | -38.4% | 6,5 k € | +1676% | 366 € |
| Debts | 21 M € | +33.3% | 15,8 M € | +135% | 6,7 M € | +666% | 877,7 k € | -0.4% | 880,8 k € | +0.1% | 879,8 k € |
| Other | |||||||||||
| Workforce | 100,4 ETP | +17.2% | 85,7 ETP | +28.5% | 66,7 ETP | – | – | – | |||
Governance
Board of directors
Seen on filing of 31/12/2023 · 1 active · 2 ended
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
EIB Scaffolding● Bankrupt | 0765.556.068 |
EIB Specialty Services● Bankrupt | 0883.657.825 |
SOLUTIONS 4 ALL● Bankrupt | 0662.548.996 |
Financials
Annual accounts
Full financial information
| 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Abridged model | Abridged model | Micro model |
| Start of the financial year | 01/01/2023 | 01/10/2021 | 01/10/2020 | 01/10/2019 | 01/01/2018 | 01/01/2017 |
| Closing of the financial year | 31/12/2023 | 31/12/2022 | 30/09/2021 | 30/09/2020 | 30/09/2019 | 31/12/2017 |
| Length of the financial year | 12 months | 15 months | 12 months | 12 months | 21 months | 12 months |
| Filing date | 28/06/2024 | 16/10/2023 | 30/03/2022 | 04/03/2021 | 13/01/2020 | 07/06/2018 |
| General meeting | 28/06/2024 | 30/09/2023 | 02/03/2022 | 04/02/2021 | 16/12/2019 | 03/05/2018 |
| 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 |
Ratios
Financial ratios
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Annual accounts filings
8 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2023 | 28/06/2024 | 28/06/2024 | Dutch | |
| Full model | 31/12/2022 | 30/09/2023 | 16/10/2023 | Dutch | |
| Full model | 30/09/2021 | 02/03/2022 | 30/03/2022 | Dutch | |
| Abridged model | 30/09/2020 | 04/02/2021 | 04/03/2021 | Dutch | |
| Abridged model | 30/09/2019 | 16/12/2019 | 13/01/2020 | Dutch | |
| Micro model | 31/12/2017 | 03/05/2018 | 07/06/2018 | Dutch | |
| Micro model | 31/12/2016 | 16/06/2017 | 05/07/2017 | Dutch | |
| Abridged model | 31/12/2015 | 30/06/2016 | 22/07/2016 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2023 · 1 active · 2 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Capital / shares08/01/2025KAPITAAL - AANDELEN
- Mandates29/11/2024ONTSLAGEN - BENOEMINGEN
- Other05/09/2022ALGEMENE VERGADERING - BOEKJAAR
- Mandates31/05/2021WIJZIGING RECHTSVORM - BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
- Mandates07/04/2021ONTSLAGEN - BENOEMINGEN
- Other30/11/2020WIJZIGING RECHTSVORM - DIVERSEN
- Registered office09/04/2020MAATSCHAPPELIJKE ZETEL
- Mandates04/02/2019ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2023Annual accounts 2023126 k €↓
- 2022Annual accounts 2022328,6 k €↓
- 2021Name changeEib Insulation
- 2020Annual accounts 2020452,8 k €↑
- 2020Name changeEIB INSULATION CONTRACTING
- 2017Annual accounts 2017658,8 €↓
- 2016Annual accounts 20165,1 k €↑
- 2015Annual accounts 20154 k €
- 2015Name changeINSULATION SOLUTIONS BELGIUM
- 17/12/2014IncorporationPublic limited company