OPENING OF BANKRUPTCY

SABLE RECYCLAGE

Company — Opening of bankruptcy.

Financial year 2018 · Closed on 30/11/2018

Net result-137,5 k €-296,5 %over 1 year
Gross margin550,8 k €-38,7 %over 1 year
Equity-269,4 k €-104,2 %over 1 year
Workforce1,4 ETP-46,2 %over 1 year

Identity

Source · BCE/KBO

SABLE RECYCLAGE is a Private company with limited liability incorporated in 2014. Its main activity is: Operation of gravel and sand pits; mining of clays and kaolin. Its registered office is in Visé. It employs on average 1,4 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0545.999.736
Incorporation
12/02/2014
Legal form
Private company with limited liability
Registered office
Quai de l'Île Quaden sn
4600 Visé · Wallonie
Latest accounts
30/11/2018
Average workforce
1,4 ETP
Joint committees (1)
  • 124
Signals
Positive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 4 filings

Trend over 4 financial years

2018201720162015
Income statement
Gross margin550,8 k €899 k €-45,9 k €70,8 k €
EBITDA481,6 k €754,8 k €-75,1 k €61,2 k €
Operating result-78,2 k €207,3 k €-164,9 k €60 k €
Net result-137,5 k €70 k €-237 k €16,5 k €
Balance sheet
Equity-269,4 k €-131,9 k €-201,9 k €35,1 k €
Total assets3,2 M €3,5 M €3,6 M €3 M €
Cash–142,3 €13,7 k €908,5 €
Debts3,5 M €3,7 M €3,7 M €2,9 M €
Other
Workforce1,4 ETP2,6 ETP0,6 ETP–

Board of directors

Source · NBB, accounts to 30/11/2018

1 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
MAES RECYCLING GROUP0668.636.836Represented by Yves Maes
Administrator - manager27/04/2018 → 11/01/2019

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Gustaaf Daneels
Manager26/04/2016 → 2016 accounts
Diane Freson
Manager21/01/2015 → 2015 accounts

Full financial information

Source · NBB
2018201720162015
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/12/201701/12/201601/12/201501/01/2014
Closing of the financial year30/11/201830/11/201730/11/201630/11/2015
Length of the financial year12 months12 months12 months23 months
Filing date14/03/201902/07/201804/07/201708/06/2016
General meeting11/01/201904/05/201805/05/201706/05/2016
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 model30/11/201811/01/201914/03/2019FrenchPDF
Abridged model30/11/201704/05/201802/07/2018FrenchPDF
Abridged model30/11/201605/05/201704/07/2017FrenchPDF
Abridged model30/11/201506/05/201608/06/2016FrenchPDF

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 30/11/2018

1 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
MAES RECYCLING GROUP0668.636.836Represented by Yves Maes
Administrator - manager27/04/2018 → 11/01/2019

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Gustaaf Daneels
Manager26/04/2016 → 2016 accounts
Diane Freson
Manager21/01/2015 → 2015 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates08/04/2019
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/06/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/06/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/03/2015
    Démission - Nomination
    PDF
  • Other13/11/2014
    ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Other21/02/2014
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Similar companies

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

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Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings4 filings
Mandates
MAES RECYCLING GROUP
Gustaaf Daneels
Diane Freson
2014201520162017201820192020202120222023202420252026
SABLE RECYCLAGE
No data
Administrator - manager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Quai de l'Île Quaden sn, 4600 ViséCurrent
CBE

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
SABLE RECYCLAGECurrent
accounts 2015 → 2018
Accounts 2018 · 2019-07000316

Events

  1. 2018
    Annual accounts 2018-137,5 k €↓
  2. 2017
    Annual accounts 201770 k €↑
  3. 2016
    Annual accounts 2016-237 k €↓
  4. 2015
    Annual accounts 201516,5 k €
  5. 12/02/2014
    IncorporationPrivate company with limited liability