OPENING OF BANKRUPTCY

Dust Solutions Equipment Services

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Company — Opening of bankruptcy.

Financial year 2018 · Closed on 30/09/2018

Net result13,8 k €-79,3 %over 1 year
Gross margin44,5 k €-25,1 %over 1 year
Equity281,6 k €-0,1 %over 1 year

Identity

Source · BCE/KBO

Dust Solutions Equipment Services is a Private company with limited liability incorporated in 2014. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Roeselare.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0565.920.071
Incorporation
24/10/2014
Legal form
Private company with limited liability
Registered office
Meensesteenweg 315 B
8800 Roeselare · FlandreSee on map
Latest accounts
30/09/2018
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 3 filings

Trend over 3 financial years

201820172016
Income statement
Gross margin44,5 k €59,4 k €790,7 k €
EBITDA36,5 k €24,4 k €751,6 k €
Operating result25,1 k €-14,1 k €558,1 k €
Net result13,8 k €66,6 k €383,6 k €
Balance sheet
Equity281,6 k €281,8 k €282,2 k €
Total assets654,3 k €689,8 k €1,2 M €
Cash–15,4 k €7,8 k €
Debts372,7 k €408 k €880,5 k €
Other
Workforce–0,3 ETP0,7 ETP

Board of directors

Source · NBB, accounts to 30/09/2018

2 active · 1 ended

Active mandates

CAROLINE PLANCKE

Manager · until 21 février 2018

Active
GEERT HERREMAN

Manager

Active

Ended mandates

CAROLINE PLANCKE

Manager

Ended

Full financial information

Source · NBB
201820172016
Type of accountAbridged modelAbridged modelAbridged model
Start of the financial year01/10/201701/10/201624/10/2014
Closing of the financial year30/09/201830/09/201730/09/2016
Length of the financial year12 months12 months24 months
Filing date26/04/201924/05/201823/05/2017
General meeting23/03/201903/03/201804/03/2017
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
Abridged model30/09/201823/03/201926/04/2019DutchPDF
Abridged model30/09/201703/03/201824/05/2018DutchPDF
Abridged model30/09/201604/03/201723/05/2017DutchPDF

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 30/09/2018

2 active · 1 ended

Active mandates

CAROLINE PLANCKE

Manager · until 21 février 2018

Active
GEERT HERREMAN

Manager

Active

Ended mandates

CAROLINE PLANCKE

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates08/03/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/06/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other28/10/2014
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

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Timeline

  1. 2018
    Annual accounts 201813,8 k €↓
  2. 2017
    Annual accounts 201766,6 k €↓
  3. 2016
    Annual accounts 2016383,6 k €
  4. 24/10/2014
    IncorporationPrivate company with limited liability