OPENING OF BANKRUPTCY

EU METAL

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Company — Opening of bankruptcy.

Financial year 2022 · Closed on 30/09/2022

Net result
908,3 k €
-57,2 %over 1 year
Revenue
118,4 M €
+48,0 %over 1 year
Equity
5,8 M €
+18,6 %over 1 year
Workforce
2,3 ETP
-17,9 %over 1 year

Identity

Source · BCE/KBO

EU METAL is a Public limited company incorporated in 2013. Its main activity is: Agents specialised in the sale of other particular products. Its registered office is in Antwerpen. It employs on average 2,3 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0534.713.686
Incorporation
17/05/2013
Legal form
Public limited company
Registered office
De Keyserlei 58/60 box 19
2018 Antwerpen · FlandreSee on map
Contributed capital
100 000,00 €
Latest accounts
30/09/2022
Average workforce
2,3 ETP
Joint committees (1)
  • 226
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 9 filings

Trend over 9 financial years

20222021202020192018
Income statement
Revenue118,4 M €80 M €23 M €––
EBITDA3,5 M €4,3 M €1,3 M €1,4 M €1,6 M €
Operating result3,5 M €4,2 M €1,2 M €1,4 M €1,6 M €
Net result908,3 k €2,1 M €722,8 k €754,5 k €920,5 k €
Balance sheet
Equity5,8 M €4,9 M €2,7 M €2 M €1,2 M €
Total assets48,4 M €46,6 M €9,2 M €6,2 M €4,7 M €
Cash3,3 M €1,4 M €356,5 k €1 M €360,2 k €
Debts42,6 M €41,7 M €6,5 M €4,2 M €3,4 M €
Other
Workforce2,3 ETP2,8 ETP2,0 ETP0,7 ETP–

Board of directors

Source · NBB, accounts to 30/09/2022

1 active · 3 ended

Active mandates

Shray Gulati

Director · since 29 décembre 2021

Active

Ended mandates

Shray Gulati

Director · since 14 novembre 2013

Ended
Shray Gulati

Manager · since 14 novembre 2013

Ended
Pieter Faes

Manager · until 03 juin 2014

Ended

Other companies at this address

De Keyserlei 58/60 2018 Antwerpen
CompanyCBE no.
6IX'S DREAMS STUDIO● Active
0804.216.805
LIGHT COMPANY● Bankrupt
0713.879.022
Twins Gold International● Bankrupt
0533.784.169

Full financial information

Source · NBB
202220212020201920182017
Type of accountFull modelFull modelFull modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202101/07/202001/07/201901/07/201801/07/201701/07/2016
Closing of the financial year30/09/202230/09/202130/06/202030/06/201930/06/201830/06/2017
Length of the financial year12 months15 months12 months12 months12 months12 months
Filing date17/03/202330/11/202130/07/202011/10/201924/07/201806/11/2017
General meeting16/03/202322/11/202128/07/202016/09/201919/07/201804/11/2017
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 9 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model30/09/202216/03/202317/03/2023DutchPDF
Full model30/09/202122/11/202130/11/2021DutchPDF
Full model30/06/202028/07/202030/07/2020DutchPDF
Abridged model30/06/201916/09/201911/10/2019DutchPDF
Abridged model30/06/201819/07/201824/07/2018DutchPDF
Abridged model30/06/201704/11/201706/11/2017DutchPDF
Abridged model30/06/201602/12/201630/12/2016DutchPDF
Abridged model30/06/201504/12/201514/01/2016DutchPDF
Abridged model30/06/201405/12/201419/12/2014DutchPDF

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 30/09/2022

1 active · 3 ended

Active mandates

Shray Gulati

Director · since 29 décembre 2021

Active

Ended mandates

Shray Gulati

Director · since 14 novembre 2013

Ended
Shray Gulati

Manager · since 14 novembre 2013

Ended
Pieter Faes

Manager · until 03 juin 2014

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates19/01/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/06/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates20/07/2020
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Registered office11/05/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates26/06/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/02/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/12/2013
    BENAMING - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other05/06/2013
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

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Timeline

  1. 2022
    Annual accounts 2022908,3 k €↓
  2. 2021
    Annual accounts 20212,1 M €↑
  3. 2020
    Annual accounts 2020722,8 k €↓
  4. 2019
    Annual accounts 2019754,5 k €↓
  5. 2018
    Annual accounts 2018920,5 k €↑
  6. 2017
    Annual accounts 2017199,4 k €↑
  7. 2016
    Annual accounts 201637,3 k €↑
  8. 2015
    Annual accounts 201520,9 k €↑
  9. 2014
    Annual accounts 201411,2 k €
  10. 17/05/2013
    IncorporationPublic limited company