OPENING OF BANKRUPTCY

Solar Energy Conversion Power Corporation

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Company — Opening of bankruptcy.

Strike-off: 01 juillet 2026

Financial year 2024 · Closed on 31/12/2024

Net result-1,1 M €+13,4 %over 1 year
Gross margin-562,6 k €-16,8 %over 1 year
Equity-1,7 M €-190,2 %over 1 year
Workforce0,0 ETP-100,0 %over 1 year

Identity

Source · BCE/KBO

Solar Energy Conversion Power Corporation is a Public limited company incorporated in 2015. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Turnhout.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0600.864.421
Incorporation
10/03/2015
Legal form
Public limited company
Registered office
Slachthuisstraat 112 box 2
2300 Turnhout · FlandreSee on map
Contributed capital
1 018 600,00 €
Latest accounts
31/12/2024
Average workforce
0,0 ETP
Joint committees (2)
  • 209
  • 20900
Signals
Healthy social debts

Financials

Source · NBB, 9 filings

Trend over 8 financial years

20242023202220212019
Income statement
Gross margin-562,6 k €-481,8 k €563,3 k €703,1 k €39,1 k €
EBITDA-793,6 k €-927,1 k €124,1 k €391 k €-30 k €
Operating result-992,5 k €-1,1 M €-46,4 k €244,7 k €-84,3 k €
Net result-1,1 M €-1,2 M €-137,7 k €217,4 k €-96,4 k €
Balance sheet
Equity-1,7 M €-568,7 k €680 k €817,7 k €437,6 k €
Total assets1,6 M €2,4 M €2,8 M €2,6 M €1,1 M €
Cash2,3 k €149 k €322 k €535,8 k €247,8 k €
Debts3,3 M €3 M €2,1 M €1,2 M €608,6 k €
Other
Workforce0,0 ETP5,4 ETP6,3 ETP5,2 ETP1,9 ETP

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 16 ended

Active mandates

Jos Rutten

Director · since 12 juillet 2024 · until 13 juin 2030

Active
Hugo Vandenborre

Managing director · since 16 novembre 2015 · until 10 juin 2027

Active
Julien Nyst

Director · since 30 octobre 2015 · until 10 juin 2027

Active

Ended mandates

Guido Verbunt

Director · since 30 septembre 2021 · until 12 juin 2025

Ended
Marc Lemaire

Director · since 30 septembre 2021 · until 12 juin 2025

Ended
Joris Van Dyck

Director · since 04 juillet 2018 · until 02 février 2024

Ended
Joris Van Dyck

Director · since 04 juillet 2018 · until 13 juin 2024

Ended

Other companies at this address

Slachthuisstraat 112 2300 Turnhout
CompanyCBE no.
DEKIMO TURNHOUT● Active
0642.501.571
WaterstofNet● Active
0810.768.956

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date05/02/202624/10/202424/08/202326/08/202231/08/202123/07/2020
General meeting21/10/202516/10/202408/06/202330/06/202230/08/202130/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 9 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202421/10/202505/02/2026DutchPDF
Abridged model31/12/202316/10/202424/10/2024DutchPDF
Abridged model31/12/202208/06/202324/08/2023DutchPDF
Abridged model31/12/202130/06/202226/08/2022DutchPDF
Abridged model31/12/202030/08/202131/08/2021DutchPDF
Abridged model31/12/201930/06/202023/07/2020DutchPDF
Abridged model31/12/201814/09/201923/09/2019DutchPDF
Abridged model31/12/201714/06/201815/06/2018DutchPDF
Abridged model31/12/201608/06/201728/06/2017DutchPDF

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.

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

3 active · 16 ended

Active mandates

Jos Rutten

Director · since 12 juillet 2024 · until 13 juin 2030

Active
Hugo Vandenborre

Managing director · since 16 novembre 2015 · until 10 juin 2027

Active
Julien Nyst

Director · since 30 octobre 2015 · until 10 juin 2027

Active

Ended mandates

Guido Verbunt

Director · since 30 septembre 2021 · until 12 juin 2025

Ended
Marc Lemaire

Director · since 30 septembre 2021 · until 12 juin 2025

Ended
Joris Van Dyck

Director · since 04 juillet 2018 · until 02 février 2024

Ended
Joris Van Dyck

Director · since 04 juillet 2018 · until 13 juin 2024

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates05/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/10/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/06/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/09/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/07/2018
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    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 2024-1,1 M €↑
  2. 2023
    Annual accounts 2023-1,2 M €↓
  3. 2022
    Annual accounts 2022-137,7 k €↓
  4. 2021
    Annual accounts 2021217,4 k €↑
  5. 2019
    Annual accounts 2019-96,4 k €↑
  6. 2018
    Annual accounts 2018-167,7 k €↓
  7. 2017
    Annual accounts 2017-105,2 k €↑
  8. 2016
    Annual accounts 2016-111,7 k €
  9. 10/03/2015
    IncorporationPublic limited company