OPENING OF BANKRUPTCY

HVAC Technics

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Financial year 2017 · closed on 31/12/2017
Net result
75 k €
+132.4% YoY
Gross margin
841,3 k €
+10.7% YoY
Equity
233,5 k €
+47.3% YoY
Workforce
13,5 ETP
+25.0% YoY

Company — Opening of bankruptcy.

What does HVAC Technics do?

HVAC Technics is a Private company with limited liability incorporated in 2013. Its main activity is: Building completion and finishing. Its registered office is in Bilzen-Hoeselt. It employs on average 13,5 ETP workers (FTE).

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0524.857.694
Incorporation
26/03/2013
Legal form
Private company with limited liability
Registered office
Oude Kluisweg 3A
3740 Bilzen-Hoeselt · FlandreSee on map
Latest accounts
31/12/2017
Average workforce
13,5 ETP
Activities (NACE)
43350Building completion and finishing· main43390Other building completion and finishing
Joint committees (2)
  • 124
  • 200
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

201720162013
Income statement
Gross margin841,3 k €760,2 k €163,9 k €
EBITDA188,7 k €95,2 k €56,2 k €
Operating result144,3 k €53,8 k €34,8 k €
Net result75 k €32,3 k €19,2 k €
Balance sheet
Equity233,5 k €158,6 k €29,2 k €
Total assets1,6 M €971,5 k €264,2 k €
Cash51 k €64,5 k €–
Debts1,3 M €813 k €234,7 k €
Other
Workforce13,5 ETP10,8 ETP2,3 ETP
Governance

Board of directors

Seen on filing of 31/12/2017 · 2 active · 3 ended

Active mandates

DECRO BVBA

Manager · 0682.682.733

Represented by Dennis Crommentuijn

Active
Dennis Crommentuijn

Manager

Active

Ended mandates

Dennis Crommentuijn

Manager · since 26 mars 2013

Ended
Roberto Porco

Manager · since 26 mars 2013

Ended
Roberto Porco

Manager

Ended
Annual accounts

Full financial information

20172016201520142013
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/201701/01/201601/01/201501/01/201426/03/2013
Closing of the financial year31/12/201731/12/201631/12/201531/12/201431/12/2013
Length of the financial year12 months12 months12 months12 months10 months
Filing date26/07/201820/07/201715/07/201627/08/201529/08/2014
General meeting28/06/201821/06/201730/06/201604/06/201505/06/2014
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/201728/06/201826/07/2018DutchPDF
Abridged model31/12/201621/06/201720/07/2017DutchPDF
Abridged model31/12/201530/06/201615/07/2016DutchPDF
Abridged model31/12/201404/06/201527/08/2015DutchPDF
Abridged model31/12/201305/06/201429/08/2014DutchPDF
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.

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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 31/12/2017 · 2 active · 3 ended

Active mandates

DECRO BVBA

Manager · 0682.682.733

Represented by Dennis Crommentuijn

Active
Dennis Crommentuijn

Manager

Active

Ended mandates

Dennis Crommentuijn

Manager · since 26 mars 2013

Ended
Roberto Porco

Manager · since 26 mars 2013

Ended
Roberto Porco

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/11/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office24/07/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office09/10/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates14/02/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/08/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other28/03/2013
    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.

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Timeline

  1. 2017
    Annual accounts 201775 k €↑
  2. 2016
    Annual accounts 201632,3 k €↑
  3. 2013
    Annual accounts 201319,2 k €
  4. 26/03/2013
    IncorporationPrivate company with limited liability