OPENING OF BANKRUPTCY

New-Art

Company — Opening of bankruptcy.

Financial year 2024 · Closed on 31/03/2024

Net result-115 k €-252,6 %over 1 year
Gross margin-93 k €-715,5 %over 1 year
Equity207,2 k €-35,7 %over 1 year

Identity

Source · BCE/KBO

New-Art is a Private limited company incorporated in 2015. Its main activity is: Retail sale of second-hand goods in stores. Its registered office is in Hooglede.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0643.838.290
Incorporation
03/12/2015
Legal form
Private limited company
Registered office
Bruggesteenweg 12
8830 Hooglede · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/03/2024
Signals
Solid equityGood liquidity

Financials

Source · NBB, 9 filings

Trend over 8 financial years

20242023202220212019
Income statement
Gross margin-93 k €-11,4 k €272,2 k €2,9 k €62,4 k €
EBITDA-101,1 k €-21,5 k €265,3 k €-3,7 k €54,9 k €
Operating result-110,8 k €-28,5 k €255,8 k €-12,4 k €31,5 k €
Net result-115 k €-32,6 k €205,2 k €-14,1 k €9,8 k €
Balance sheet
Equity207,2 k €322,2 k €354,8 k €299,6 k €177,4 k €
Total assets519,2 k €503,1 k €389,2 k €533,4 k €540,7 k €
Cash18,8 k €32 k €69,3 k €12,7 k €22,1 k €
Debts311,5 k €180,9 k €34,3 k €230,9 k €362 k €

Board of directors

Source · NBB, accounts to 31/03/2024

1 active · 4 ended

Active mandates

ZERROUK MP

Director · 0783.855.713

Represented by Raf Zerrouk

Active

Ended mandates

Johan Kiggen

Manager · since 03 décembre 2015

Ended
Johan Kiggen

Director

Ended
Johan Kiggen

Manager

Ended
ZERROUK MP

Director · 0783.855.713

Ended

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202301/04/202201/04/202101/04/202001/04/201901/04/2018
Closing of the financial year31/03/202431/03/202331/03/202231/03/202131/03/202031/03/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date05/11/202423/10/202307/09/202227/10/202104/11/202025/09/2019
General meeting04/11/202418/10/202327/08/202221/06/202129/08/202031/08/2019
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 model31/03/202404/11/202405/11/2024DutchPDF
Abridged model31/03/202318/10/202323/10/2023DutchPDF
Abridged model31/03/202227/08/202207/09/2022DutchPDF
Abridged model31/03/202121/06/202127/10/2021DutchPDF
Abridged model31/03/202029/08/202004/11/2020DutchPDF
Abridged model31/03/201931/08/201925/09/2019DutchPDF
Micro model31/03/201825/08/201824/09/2018DutchPDF
Micro model31/03/201730/06/201707/07/2017DutchPDF
Abridged model31/03/201627/08/201626/09/2016DutchPDF

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 31/03/2024

1 active · 4 ended

Active mandates

ZERROUK MP

Director · 0783.855.713

Represented by Raf Zerrouk

Active

Ended mandates

Johan Kiggen

Manager · since 03 décembre 2015

Ended
Johan Kiggen

Director

Ended
Johan Kiggen

Manager

Ended
ZERROUK MP

Director · 0783.855.713

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other06/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates08/06/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office05/01/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other07/12/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

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Timeline

  1. 2024
    Annual accounts 2024-115 k €↓
  2. 2023
    Annual accounts 2023-32,6 k €↓
  3. 2022
    Annual accounts 2022205,2 k €↑
  4. 2021
    Annual accounts 2021-14,1 k €↓
  5. 2019
    Annual accounts 20199,8 k €↓
  6. 2018
    Annual accounts 201849,7 k €↓
  7. 2017
    Annual accounts 2017102,4 k €↑
  8. 2016
    Annual accounts 2016-3,1 k €
  9. 03/12/2015
    IncorporationPrivate limited company