OPENING OF BANKRUPTCY

BELGIUM WHEELS MANUFACTURING

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Company — Opening of bankruptcy.

Financial year 2018 · Closed on 31/12/2018

Net result8,5 k €+75,2 %over 1 year
Gross margin30,8 k €+55,8 %over 1 year
Equity19 k €+81,1 %over 1 year

Identity

Source · BCE/KBO

BELGIUM WHEELS MANUFACTURING is a Private company with limited liability incorporated in 2015. Its main activity is: Manufacture of bicycles and invalid carriages. Its registered office is in Enghien.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0604.988.802
Incorporation
17/03/2015
Legal form
Private company with limited liability
Registered office
Boulevard d'Arenberg(E) 35
7850 Enghien · WallonieSee on map
Latest accounts
31/12/2018
Signals
ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 4 filings

Trend over 4 financial years

2018201720162015
Income statement
Gross margin30,8 k €19,7 k €1,8 k €1,5 k €
EBITDA15,5 k €8,7 k €1,4 k €1,4 k €
Operating result15,5 k €8,7 k €1,4 k €1,4 k €
Net result8,5 k €4,9 k €-155,4 €-401,5 €
Balance sheet
Equity19 k €10,5 k €5,6 k €5,8 k €
Total assets146,8 k €61,5 k €39,8 k €32,8 k €
Cash––6,7 k €–
Debts127,8 k €50,9 k €34,2 k €27 k €

Board of directors

Source · NBB, accounts to 31/12/2018

2 active

Active mandates

Ghislain Lhoir

Mandate

Active
Michel Lhoir

Mandate

Active

Full financial information

Source · NBB
2018201720162015
Type of accountMicro modelMicro modelMicro modelAbridged model
Start of the financial year01/01/201801/01/201701/01/201615/03/2015
Closing of the financial year31/12/201831/12/201731/12/201631/12/2015
Length of the financial year12 months12 months12 months10 months
Filing date29/10/201919/11/201801/12/201730/09/2016
General meeting07/10/201928/09/201814/11/201707/09/2016
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
Micro model31/12/201807/10/201929/10/2019FrenchPDF
Micro model31/12/201728/09/201819/11/2018FrenchPDF
Micro model31/12/201614/11/201701/12/2017FrenchPDF
Abridged model31/12/201507/09/201630/09/2016FrenchPDF

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 31/12/2018

2 active

Active mandates

Ghislain Lhoir

Mandate

Active
Michel Lhoir

Mandate

Active

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office31/10/2016
    SIEGE SOCIAL
    PDF
  • Other19/03/2015
    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.

See the Business plan

Timeline

  1. 2018
    Annual accounts 20188,5 k €↑
  2. 2017
    Annual accounts 20174,9 k €↑
  3. 2016
    Annual accounts 2016-155,4 €↑
  4. 2015
    Annual accounts 2015-401,5 €
  5. 17/03/2015
    IncorporationPrivate company with limited liability