OPENING OF BANKRUPTCY

BELBAL

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Financial year 2023 · closed on 31/12/2023
Net result
-5,7 k €
-196.2% YoY
Gross margin
143,1 k €
-33.6% YoY
Equity
362,6 k €
-1.6% YoY
Workforce
0,7 ETP
-63.2% YoY

Company — Opening of bankruptcy.

What does BELBAL do?

BELBAL is a Public limited company incorporated in 2015. Its main activity is: Other retail sale of new goods in specialised stores. Its registered office is in Woluwe-Saint-Pierre. It employs on average 0,7 ETP workers (FTE).

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0639.737.764
Incorporation
30/09/2015
Legal form
Public limited company
Registered office
Avenue Père Damien 66
1150 Woluwe-Saint-Pierre · BruxellesSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2023
Average workforce
0,7 ETP
Activities (NACE)
47789Other retail sale of new goods in specialised stores· main47789Other retail sale of new goods in specialised stores70100Activities of head offices70100Activities of head offices70200Management consultancy activities70220Business and other management consultancy activities
Joint committees (2)
  • 116
  • 207
Signals
Good liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2023202220212020201920172016
Income statement
Gross margin143,1 k €215,7 k €502,5 k €769,9 k €982,3 k €808,1 k €318,6 k €
EBITDA46,6 k €19,3 k €171,8 k €360,8 k €364,6 k €-657,1 k €318,4 k €
Operating result34,9 k €-16,5 k €133,6 k €197 k €195 k €-769,6 k €177,8 k €
Net result-5,7 k €5,9 k €144,4 k €131,5 k €-139,2 k €-1,2 M €-284,8 k €
Balance sheet
Equity362,6 k €368,3 k €362,4 k €218 k €86,5 k €61,5 k €1,2 M €
Total assets6,6 M €7,4 M €8 M €8,1 M €8,4 M €3,9 M €4,8 M €
Cash10,8 k €36,5 k €37,8 k €404,5 k €26,9 k €220,3 k €217,6 k €
Debts6,2 M €7 M €7,6 M €7,9 M €8,3 M €3,7 M €3,5 M €
Other
Workforce0,7 ETP1,9 ETP4,3 ETP8,1 ETP10,9 ETP––
Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active · 17 ended

Active mandates

Bart VAN NUFFEL

Mandate

Active

Ended mandates

Bart Van Nuffel

Mandate · since 31 décembre 2020 · until 31 décembre 2026

Ended
KFOUR

Mandate · since 15 mai 2020 · until 31 décembre 2020 · 0637.754.709

Represented by Bart VAN NUFFEL

Ended
KFOUR

Mandate · since 15 mai 2020 · until 15 mai 2026 · 0637.754.709

Represented by Bart VAN NUFFEL

Ended
Mathieu DE SCHIETERE DE LOPHEM

Director · since 22 octobre 2018 · until 15 mai 2020

Ended
At this address

Other companies at this address

CompanyCBE no.
W Project● Active
0719.867.880
Annual accounts

Full financial information

202320222021202020192018
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/01/202423/01/202301/02/202218/03/202126/05/202018/06/2019
General meeting23/01/202420/01/202331/01/202211/03/202126/05/202001/06/2019
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202323/01/202423/01/2024DutchPDF
Abridged model31/12/202220/01/202323/01/2023DutchPDF
Abridged model31/12/202131/01/202201/02/2022DutchPDF
Abridged model31/12/202011/03/202118/03/2021DutchPDF
Abridged modelCorrection31/12/201926/05/202026/05/2020DutchPDF
Abridged model31/12/201917/01/202005/02/2020DutchPDF
Abridged model31/12/201801/06/201918/06/2019DutchPDF
Abridged model31/12/201728/06/201802/07/2018DutchPDF
Abridged model31/12/201601/06/201720/06/2017DutchPDF
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 31/12/2023 · 1 active · 17 ended

Active mandates

Bart VAN NUFFEL

Mandate

Active

Ended mandates

Bart Van Nuffel

Mandate · since 31 décembre 2020 · until 31 décembre 2026

Ended
KFOUR

Mandate · since 15 mai 2020 · until 31 décembre 2020 · 0637.754.709

Represented by Bart VAN NUFFEL

Ended
KFOUR

Mandate · since 15 mai 2020 · until 15 mai 2026 · 0637.754.709

Represented by Bart VAN NUFFEL

Ended
Mathieu DE SCHIETERE DE LOPHEM

Director · since 22 octobre 2018 · until 15 mai 2020

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office12/01/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office13/04/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates08/03/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/06/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares27/01/2020
    DIVERSEN - KAPITAAL - AANDELEN
    PDF
  • Capital / shares02/12/2019
    KAPITAAL - AANDELEN
    PDF
  • Other26/09/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Restructuring09/11/2018
    BENAMING - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    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

Timeline

  1. 2023
    Annual accounts 2023-5,7 k €↓
  2. 2022
    Annual accounts 20225,9 k €↓
  3. 2021
    Annual accounts 2021144,4 k €↑
  4. 2020
    Annual accounts 2020131,5 k €↑
  5. 2019
    Annual accounts 2019-139,2 k €↑
  6. 2019
    Name changeBELBAL
  7. 2017
    Annual accounts 2017-1,2 M €↓
  8. 2016
    Annual accounts 2016-284,8 k €
  9. 2016
    Name changeTHE PARTY GROUP
  10. 30/09/2015
    IncorporationPublic limited company