OPENING OF BANKRUPTCY

PROPLASTICS, in vereffening

Company — Opening of bankruptcy.

Financial year 2017 · Closed on 31/12/2017

Net result-558,2 k €-3 404,6 %over 1 year
Gross margin297,3 k €-68,1 %over 1 year
Equity-367 k €-291,9 %over 1 year
Workforce11,0 ETP-14,1 %over 1 year

Identity

Source · BCE/KBO

PROPLASTICS, in vereffening is a Private company with limited liability incorporated in 2013. Its main activity is: Manufacture of plastic packing goods. Its registered office is in Tongeren-Borgloon. It employs on average 11,0 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0525.893.616
Incorporation
05/04/2013
Legal form
Private company with limited liability
Registered office
Industrieweg 17
3840 Tongeren-Borgloon · FlandreSee on map
Latest accounts
31/12/2017
Average workforce
11,0 ETP
Joint committees (2)
  • 116
  • 207
Signals
Healthy social debts

Financials

Source · NBB, 4 filings

Trend over 4 financial years

2017201620152014
Income statement
Gross margin297,3 k €933,3 k €734,1 k €1,5 M €
EBITDA-318 k €229,8 k €22,3 k €286,4 k €
Operating result-465,9 k €77,1 k €-124,9 k €130,3 k €
Net result-558,2 k €-15,9 k €5,2 k €1,9 k €
Balance sheet
Equity-367 k €191,2 k €207,1 k €201,9 k €
Total assets2,8 M €3,2 M €3,2 M €2,1 M €
Cash112,1 k €85,7 k €87,8 k €53,6 k €
Debts3,1 M €3 M €3 M €1,9 M €
Other
Workforce11,0 ETP12,8 ETP13,1 ETP13,2 ETP

Board of directors

Source · NBB, accounts to 31/12/2017

2 active · 2 ended

Active mandates

LT TRADING

Manager · since 05 avril 2013 · 0890.493.355

Represented by Ludo TREUNEN

Active
WV Trading BVBA

Manager · since 05 avril 2013 · 0474.341.282

Represented by Wim VANBERGEN

Active

Ended mandates

LT TRADING

Manager · since 05 avril 2013 · 0890.493.355

Represented by Ludo TREUNEN

Ended
WV TRADING

Manager · since 05 avril 2013 · 0474.341.282

Represented by Wim VANBERGEN

Ended

Full financial information

Source · NBB
2017201620152014
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/201701/01/201601/01/201505/04/2013
Closing of the financial year31/12/201731/12/201631/12/201531/12/2014
Length of the financial year12 months12 months12 months21 months
Filing date27/07/201804/07/201729/06/201622/04/2015
General meeting29/06/201830/06/201724/06/201609/04/2015
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 4 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/201729/06/201827/07/2018DutchPDF
Abridged model31/12/201630/06/201704/07/2017DutchPDF
Abridged model31/12/201524/06/201629/06/2016DutchPDF
Abridged model31/12/201409/04/201522/04/2015DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2017

2 active · 2 ended

Active mandates

LT TRADING

Manager · since 05 avril 2013 · 0890.493.355

Represented by Ludo TREUNEN

Active
WV Trading BVBA

Manager · since 05 avril 2013 · 0474.341.282

Represented by Wim VANBERGEN

Active

Ended mandates

LT TRADING

Manager · since 05 avril 2013 · 0890.493.355

Represented by Ludo TREUNEN

Ended
WV TRADING

Manager · since 05 avril 2013 · 0474.341.282

Represented by Wim VANBERGEN

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates18/04/2019
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other19/04/2013
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2017
    Annual accounts 2017-558,2 k €↓
  2. 2016
    Annual accounts 2016-15,9 k €↓
  3. 2015
    Annual accounts 20155,2 k €↑
  4. 2014
    Annual accounts 20141,9 k €
  5. 05/04/2013
    IncorporationPrivate company with limited liability