OPENING OF BANKRUPTCY

ED HEATING

Financial year 2018 · closed on 31/12/2018
Net result
39 k €
-6.4% YoY
Gross margin
89,8 k €
+9.5% YoY
Equity
252,4 k €
+18.3% YoY
Workforce
1,0 ETP
0.0% YoY

Company — Opening of bankruptcy.

What does ED HEATING do?

ED HEATING is a Private company with limited liability incorporated in 2013. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Villers-la-Ville. It employs on average 1,0 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0533.725.771
Incorporation
26/04/2013
Legal form
Private company with limited liability
Registered office
Rue Piraumont 49
1495 Villers-la-Ville · WallonieSee on map
Latest accounts
31/12/2018
Average workforce
1,0 ETP
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

201820172016201520142013
Income statement
Gross margin89,8 k €82 k €114,9 k €114,5 k €71,2 k €74,4 k €
EBITDA50,6 k €52,2 k €77,7 k €86,6 k €43,2 k €68 k €
Operating result50,3 k €49,8 k €75,2 k €84,3 k €41,2 k €20,6 k €
Net result39 k €41,6 k €61,7 k €59 k €31 k €13,9 k €
Balance sheet
Equity252,4 k €213,5 k €171,8 k €110,1 k €51,1 k €20,1 k €
Total assets332,3 k €290,9 k €253,6 k €166,2 k €92 k €32,8 k €
Cash4,9 k €73,3 €77,2 €5,5 k €2,1 k €5,7 k €
Debts79,9 k €77,4 k €81,8 k €56,1 k €40,9 k €12,6 k €
Other
Workforce1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP
Governance

Board of directors

Seen on filing of 31/12/2018 · 1 active · 2 ended

Active mandates

Raymon Gigovic

Manager

Active

Ended mandates

Raymond Gigovic

Manager · since 23 avril 2013

Ended
Raymond Gigovic

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
ALTA SERVICES E. D.Liquidation
0473.017.827
Annual accounts

Full financial information

201820172016201520142013
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/201801/01/201701/01/201601/01/201501/01/201423/04/2013
Closing of the financial year31/12/201831/12/201731/12/201631/12/201531/12/201431/12/2013
Length of the financial year12 months12 months12 months12 months12 months9 months
Filing date21/08/201921/09/201806/12/201704/10/201608/10/201526/09/2014
General meeting16/08/201917/09/201813/11/201706/06/201601/06/201502/06/2014
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/201816/08/201921/08/2019FrenchPDF
Abridged model31/12/201717/09/201821/09/2018FrenchPDF
Abridged model31/12/201613/11/201706/12/2017FrenchPDF
Abridged model31/12/201506/06/201604/10/2016FrenchPDF
Abridged model31/12/201401/06/201508/10/2015FrenchPDF
Abridged model31/12/201302/06/201426/09/2014FrenchPDF
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 31/12/2018 · 1 active · 2 ended

Active mandates

Raymon Gigovic

Manager

Active

Ended mandates

Raymond Gigovic

Manager · since 23 avril 2013

Ended
Raymond Gigovic

Manager

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2018
    Annual accounts 201839 k €
  2. 2017
    Annual accounts 201741,6 k €
  3. 2016
    Annual accounts 201661,7 k €
  4. 2015
    Annual accounts 201559 k €
  5. 2014
    Annual accounts 201431 k €
  6. 2013
    Annual accounts 201313,9 k €
  7. 26/04/2013
    IncorporationPrivate company with limited liability