OPENING OF BANKRUPTCY

SPEED SYSTEM

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Financial year 2022 · closed on 31/12/2022

Net result

4,7 k €

-78.0% YoY

Gross margin

128,9 k €

+39.0% YoY

Equity

25 k €

+23.2% YoY

Company — Opening of bankruptcy.

What does SPEED SYSTEM do?

SPEED SYSTEM is a Private company with limited liability incorporated in 2014. Its registered office is in Molenbeek-Saint-Jean.

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0554.666.586

Incorporation

23/06/2014

Legal form

Private company with limited liability

Registered office

Rue de la Colonne 1A
1080 Molenbeek-Saint-Jean · BruxellesSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2022

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 8 financial years

	2022		2021		2020		2019		2018		2017		2016		2015
Income statement
Gross margin	128,9 k €	+39.0%	92,7 k €	+37.2%	67,6 k €	+2.4%	66 k €	+174%	24,1 k €	-18.8%	29,6 k €	+144%	12,1 k €	-26.0%	16,4 k €
EBITDA	13,7 k €	-59.3%	33,7 k €	+14.3%	29,5 k €	+139%	12,3 k €	+138%	-32,4 k €	-389%	11,2 k €	+37.9%	8,1 k €	+2517%	-336 €
Operating result	6,2 k €	-75.0%	24,9 k €	+20.3%	20,7 k €	+309%	5,1 k €	+113%	-39,9 k €	-595%	8,1 k €	+9.3%	7,4 k €	+318%	-3,4 k €
Net result	4,7 k €	-78.0%	21,4 k €	+3.8%	20,6 k €	+317%	4,9 k €	+112%	-41,1 k €	-791%	5,9 k €	-5.6%	6,3 k €	+261%	-3,9 k €
Balance sheet
Equity	25 k €	+23.2%	20,3 k €	+2082%	-1 k €	+95.3%	-21,6 k €	+18.6%	-26,5 k €	-283%	14,5 k €	+69.3%	8,6 k €	+276%	2,3 k €
Total assets	762,7 k €	+63.3%	467 k €	+25.4%	372,4 k €	+133%	160 k €	+38.5%	115,6 k €	+101%	57,6 k €	+110%	27,4 k €	-8.0%	29,8 k €
Cash	103 k €	+337%	23,6 k €	-37.9%	38 k €	-6.3%	40,6 k €	+78.5%	22,7 k €	+127%	10 k €	+3491%	278,3 €	-94.4%	5 k €
Debts	737,7 k €	+65.1%	446,7 k €	+19.6%	373,4 k €	+106%	181,6 k €	+27.8%	142,1 k €	+230%	43,1 k €	+129%	18,8 k €	-31.5%	27,5 k €

Governance

Board of directors

Seen on filing of 31/12/2022 · 1 active · 4 ended

Active mandates

Christophe Dehandschutter

Director · since 08 mai 2023

Active

Ended mandates

Mohamed El Baroudi

Associate · since 30 octobre 2018

Ended

Najate Bouraada

Manager · since 22 décembre 2014

Ended

Khalid El Baroudi

Manager · since 02 juillet 2014

Ended

Khalid El Baroudi

Manager · since 23 juin 2014

Ended

At this address

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AMG Chiropraxie● Active	1026.497.154
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Annual accounts

Full financial information

	2022	2021	2020	2019	2018	2017
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018	01/01/2017
Closing of the financial year	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018	31/12/2017
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	10/10/2023	22/12/2022	23/10/2021	21/12/2020	10/10/2019	11/09/2019
General meeting	27/06/2023	28/06/2022	28/06/2021	25/06/2020	27/06/2019	03/05/2018
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

8 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2022	27/06/2023	10/10/2023	French	PDF
Micro model	31/12/2021	28/06/2022	22/12/2022	French	PDF
Micro model	31/12/2020	28/06/2021	23/10/2021	French	PDF
Micro model	31/12/2019	25/06/2020	21/12/2020	French	PDF
Micro model	31/12/2018	27/06/2019	10/10/2019	French	PDF
Micro model	31/12/2017	03/05/2018	11/09/2019	French	PDF
Micro model	31/12/2016	30/06/2017	15/02/2018	French	PDF
Abridged model	31/12/2015	06/05/2016	30/09/2016	French	PDF

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 31/12/2022 · 1 active · 4 ended

Active mandates

Christophe Dehandschutter

Director · since 08 mai 2023

Active

Ended mandates

Mohamed El Baroudi

Associate · since 30 octobre 2018

Ended

Najate Bouraada

Manager · since 22 décembre 2014

Ended

Khalid El Baroudi

Manager · since 02 juillet 2014

Ended

Khalid El Baroudi

Manager · since 23 juin 2014

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/02/2024
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates11/07/2023
SIEGE SOCIAL - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Registered office03/08/2020
SIEGE SOCIAL - MODIFICATION FORME JURIDIQUE
PDF
Mandates12/11/2018
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates30/01/2018
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates22/12/2014
DENOMINATION - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Other02/07/2014
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

2022
Annual accounts 20224,7 k €↓
2021
Annual accounts 202121,4 k €↑
2020
Annual accounts 202020,6 k €↑
2019
Annual accounts 20194,9 k €↑
2018
Annual accounts 2018-41,1 k €↓
2017
Annual accounts 20175,9 k €↓
2016
Annual accounts 20166,3 k €↑
2015
Annual accounts 2015-3,9 k €
23/06/2014
IncorporationPrivate company with limited liability

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

SPEED SYSTEM

Overview

What does SPEED SYSTEM do?

Trend over 8 financial years

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline