OPENING OF BANKRUPTCY

MS WATELET

Company — Opening of bankruptcy.

Financial year 2019 · Closed on 31/12/2019

Net result-254,8 k €-76,8 %over 1 year
Gross margin348 k €-28,0 %over 1 year
Equity-266 k €-15 967,8 %over 1 year
Workforce10,9 ETP

Identity

Source · BCE/KBO

MS WATELET is a Private company with limited liability incorporated in 2015. Its main activity is: Other building and industrial cleaning activities. Its registered office is in Assesse. It employs on average 10,9 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0607.987.585
Incorporation
25/03/2015
Legal form
Private company with limited liability
Registered office
Rue du Pré Delloye 2 box A
5334 Assesse · WallonieSee on map
Latest accounts
31/12/2019
Average workforce
10,9 ETP

Financials

Source · NBB, 5 filings

Trend over 5 financial years

20192018201720162015
Income statement
Gross margin348 k €483,2 k €339,5 k €136,4 k €91,7 k €
EBITDA-114,3 k €-2,4 k €151,6 k €42,6 k €64,7 k €
Operating result-243,1 k €-127,4 k €64 k €13,4 k €46,4 k €
Net result-254,8 k €-144,2 k €43,7 k €13,1 k €31,3 k €
Balance sheet
Equity-266 k €-1,7 k €116 k €117 k €49,9 k €
Total assets890,6 k €972,8 k €772 k €650,7 k €120,3 k €
Cash680,5 €319,2 €1,4 k €530,4 €5,4 k €
Debts1,2 M €974,4 k €655,9 k €533,4 k €70,5 k €
Other
Workforce10,9 ETP–––0,7 ETP

Board of directors

Source · NBB, accounts to 31/12/2019

1 active · 1 ended

Active mandates

Gérald Watelet

Administrator - manager

Active

Ended mandates

Gérald Watelet

Manager

Ended

Other companies at this address

Rue du Pré Delloye 2 5334 Assesse
CompanyCBE no.
Watelet Travaux● Active
0695.944.415

Full financial information

Source · NBB
20192018201720162015
Type of accountAbridged modelMicro modelMicro modelMicro modelAbridged model
Start of the financial year01/01/201901/01/201801/01/201701/01/201623/03/2015
Closing of the financial year31/12/201931/12/201831/12/201731/12/201631/12/2015
Length of the financial year12 months12 months12 months12 months10 months
Filing date22/09/202030/08/201928/08/201804/08/201709/08/2016
General meeting08/09/202010/05/201911/05/201830/06/201730/06/2016
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 5 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/201908/09/202022/09/2020FrenchPDF
Micro model31/12/201810/05/201930/08/2019FrenchPDF
Micro model31/12/201711/05/201828/08/2018FrenchPDF
Micro model31/12/201630/06/201704/08/2017FrenchPDF
Abridged model31/12/201530/06/201609/08/2016FrenchPDF

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 31/12/2019

1 active · 1 ended

Active mandates

Gérald Watelet

Administrator - manager

Active

Ended mandates

Gérald Watelet

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office25/02/2020
    SIEGE SOCIAL
    PDF
  • Other27/03/2015
    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. 2019
    Annual accounts 2019-254,8 k €↓
  2. 2018
    Annual accounts 2018-144,2 k €↓
  3. 2017
    Annual accounts 201743,7 k €↑
  4. 2016
    Annual accounts 201613,1 k €↓
  5. 2015
    Annual accounts 201531,3 k €
  6. 25/03/2015
    IncorporationPrivate company with limited liability