OPENING OF BANKRUPTCY

SORS Europe

Company — Opening of bankruptcy.

Financial year 2018 · Closed on 31/12/2018

Net result33,1 k €+134,8 %over 1 year
Gross margin118,1 k €-10,6 %over 1 year
Equity71,4 k €+86,7 %over 1 year

Identity

Source · BCE/KBO

SORS Europe is a Private company with limited liability incorporated in 2015. Its main activity is: Data processing, hosting and related activities; web portals. Its registered office is in Antwerpen.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0640.956.796
Incorporation
15/10/2015
Legal form
Private company with limited liability
Registered office
Mechelsesteenweg 173
2018 Antwerpen · FlandreSee on map
Latest accounts
31/12/2018
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 3 filings

Trend over 3 financial years

201820172016
Income statement
Gross margin118,1 k €132,1 k €61,7 k €
EBITDA48,9 k €22,5 k €13 k €
Operating result34,6 k €15 k €12,1 k €
Net result33,1 k €14,1 k €11,4 k €
Balance sheet
Equity71,4 k €38,2 k €24,1 k €
Total assets182,4 k €182,2 k €126,6 k €
Cash–1,5 k €749,5 €
Debts111 k €144 k €102,5 k €
Other
Workforce––1,8 ETP

Board of directors

Source · NBB, accounts to 31/12/2018

1 active

Active mandates

Joel Gratt

Manager · since 14 octobre 2015

Active

Other companies at this address

Mechelsesteenweg 173 2018 Antwerpen

Full financial information

Source · NBB
201820172016
Type of accountMicro modelMicro modelAbridged model
Start of the financial year01/01/201801/01/201714/10/2015
Closing of the financial year31/12/201831/12/201731/12/2016
Length of the financial year12 months12 months15 months
Filing date23/07/201930/08/201829/08/2017
General meeting09/05/201911/05/201811/05/2017
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
Micro model31/12/201809/05/201923/07/2019DutchPDF
Micro model31/12/201711/05/201830/08/2018DutchPDF
Abridged model31/12/201611/05/201729/08/2017DutchPDF

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 31/12/2018

1 active

Active mandates

Joel Gratt

Manager · since 14 octobre 2015

Active

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office16/07/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office27/10/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other19/10/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 201833,1 k €↑
  2. 2017
    Annual accounts 201714,1 k €↑
  3. 2016
    Annual accounts 201611,4 k €
  4. 15/10/2015
    IncorporationPrivate company with limited liability