OPENING OF BANKRUPTCY

STANDING WORK CLEANING

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Financial year 2020 · closed on 31/12/2020
Net result
-839,1 k €
-3407.5% YoY
Gross margin
56,5 k €
-78.2% YoY
Equity
-740,3 k €
-848.9% YoY
Workforce
4,1 ETP
+2.5% YoY

Company — Opening of bankruptcy.

What does STANDING WORK CLEANING do?

STANDING WORK CLEANING is a Private company with limited liability incorporated in 2013. Its main activity is: Washing and (dry-)cleaning of textile and fur products. Its registered office is in Ixelles. It employs on average 4,1 ETP workers (FTE).

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0540.823.894
Incorporation
15/10/2013
Legal form
Private company with limited liability
Registered office
Avenue Louise 209 box 7
1050 Ixelles · BruxellesSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2020
Average workforce
4,1 ETP
Activities (NACE)
96011Washing and (dry-)cleaning of textile and fur products· main96101Other personal service activities81220Other building and industrial cleaning activities81220Other building and industrial cleaning activities
Contacts
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2020201920182017201620152014
Income statement
Gross margin56,5 k €260 k €193,7 k €248,8 k €159,4 k €283,8 k €125,6 k €
EBITDA-502,2 k €116,2 k €70,8 k €76,2 k €1,6 k €49,7 k €12,7 k €
Operating result-507,9 k €90,3 k €46,4 k €52,3 k €-20,2 k €46,5 k €8,6 k €
Net result-839,1 k €25,4 k €20,4 k €45 k €-23,4 k €20 k €4,5 k €
Balance sheet
Equity-740,3 k €98,9 k €73,5 k €53,1 k €8,1 k €30,6 k €10,7 k €
Total assets2 M €1,4 M €546,8 k €387,3 k €236,5 k €214,5 k €108 k €
Cash644 €173,2 k €157,7 k €75,7 k €36,7 k €92,1 k €14,9 k €
Debts2,7 M €1,3 M €473,3 k €334,2 k €228,4 k €175,8 k €97,3 k €
Other
Workforce4,1 ETP4,0 ETP–––7,6 ETP5,5 ETP
Governance

Board of directors

Seen on filing of 31/12/2019 · 1 active

Active mandates

CEMAL POLAT

Manager

Active
At this address

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Annual accounts

Full financial information

202020192018201720162015
Type of accountAbridged modelAbridged modelMicro modelMicro modelMicro modelAbridged model
Start of the financial year01/01/202001/01/201901/01/201801/01/201701/01/201601/01/2015
Closing of the financial year31/12/202031/12/201931/12/201831/12/201731/12/201631/12/2015
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202131/08/202031/10/201907/08/201831/08/201704/08/2016
General meeting17/06/202118/06/202020/06/201921/06/201815/06/201716/06/2016
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202017/06/202131/08/2021FrenchPDF
Abridged model31/12/201918/06/202031/08/2020FrenchPDF
Micro model31/12/201820/06/201931/10/2019FrenchPDF
Micro model31/12/201721/06/201807/08/2018FrenchPDF
Micro model31/12/201615/06/201731/08/2017FrenchPDF
Abridged model31/12/201516/06/201604/08/2016FrenchPDF
Abridged model31/12/201418/06/201527/08/2015FrenchPDF
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 31/12/2019 · 1 active

Active mandates

CEMAL POLAT

Manager

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office24/11/2021
    SIEGE SOCIAL
    PDF
  • Registered office12/10/2021
    SIEGE SOCIAL
    PDF
  • Mandates08/06/2021
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office09/02/2017
    SIEGE SOCIAL
    PDF
  • Other24/10/2013
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2020
    Annual accounts 2020-839,1 k €↓
  2. 2019
    Annual accounts 201925,4 k €↑
  3. 2018
    Annual accounts 201820,4 k €↓
  4. 2017
    Annual accounts 201745 k €↑
  5. 2016
    Annual accounts 2016-23,4 k €↓
  6. 2015
    Annual accounts 201520 k €↑
  7. 2014
    Annual accounts 20144,5 k €
  8. 15/10/2013
    IncorporationPrivate company with limited liability