ACTIVE

IZVORUL VIETII

Financial year 2024 · Closed on 31/12/2024

Net result86,4 k €+1 362,2 %over 1 year
Gross margin100,2 k €+4 176,8 %over 1 year
Equity255,8 k €+51,0 %over 1 year

Identity

Source · BCE/KBO

IZVORUL VIETII is a Non-profit organization incorporated in 2014. Its registered office is in Brugge.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0545.800.093
Incorporation
27/01/2014
Legal form
Non-profit organization
Registered office
Vlamingstraat 84/86
8000 Brugge · FlandreSee on map
Latest accounts
31/12/2024
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 3 filings

Trend over 3 financial years

202420232022
Income statement
Gross margin100,2 k €2,3 k €-9,8 k €
EBITDA89,3 k €2,2 k €-9,8 k €
Operating result86,6 k €-6,8 k €-13,7 k €
Net result86,4 k €-6,8 k €-13,8 k €
Balance sheet
Equity255,8 k €169,5 k €176,3 k €
Total assets256,8 k €170,4 k €176,3 k €
Cash187,8 k €104,9 k €106,8 k €
Debts918,8 €928,4 €0 €

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

5 active · 10 ended

Active mandates

Viorel Cirlan

Director · since 15 juin 2021

Active
Florin Hriscu

Director · since 31 janvier 2019

Active
MARIUS BAI

Director · since 31 janvier 2019

Active
Marius Stanciu

Director · since 31 janvier 2019

Active
Adrian Petraru

Director · since 27 janvier 2014

Active

Ended mandates

Viorel Cirlan

Director · since 15 juin 2021 · until 15 juin 2021

Ended
FLORIN HRISCU

Director · since 31 janvier 2019 · until 31 janvier 2019

Ended
MARIUS BAI

Director · since 31 janvier 2019 · until 31 janvier 2019

Ended
MARIUS STANCIU

Director · since 31 janvier 2019 · until 31 janvier 2019

Ended

Full financial information

Source · NBB
202420232022
Type of accountMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/2022
Closing of the financial year31/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months
Filing date15/07/202503/09/202426/09/2023
General meeting15/06/202518/06/202430/06/2023
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 3 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202415/06/202515/07/2025DutchPDF
Micro model31/12/202318/06/202403/09/2024DutchPDF
Micro model31/12/202230/06/202326/09/2023DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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.

Board of directors

Source · NBB, accounts to 31/12/2024

5 active · 10 ended

Active mandates

Viorel Cirlan

Director · since 15 juin 2021

Active
Florin Hriscu

Director · since 31 janvier 2019

Active
MARIUS BAI

Director · since 31 janvier 2019

Active
Marius Stanciu

Director · since 31 janvier 2019

Active
Adrian Petraru

Director · since 27 janvier 2014

Active

Ended mandates

Viorel Cirlan

Director · since 15 juin 2021 · until 15 juin 2021

Ended
FLORIN HRISCU

Director · since 31 janvier 2019 · until 31 janvier 2019

Ended
MARIUS BAI

Director · since 31 janvier 2019 · until 31 janvier 2019

Ended
MARIUS STANCIU

Director · since 31 janvier 2019 · until 31 janvier 2019

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office27/07/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates22/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/03/2019
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other17/02/2014
    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. 2024
    Annual accounts 202486,4 k €↑
  2. 2023
    Annual accounts 2023-6,8 k €↑
  3. 2022
    Annual accounts 2022-13,8 k €
  4. 27/01/2014
    IncorporationNon-profit organization