OPENING OF BANKRUPTCY

IT as ART

Financial year 2020 · closed on 31/12/2020
Net result
3,1 k €
+132.3% YoY
Gross margin
988,5 €
+109.5% YoY
Equity
30,3 k €
+11.4% YoY

Company — Opening of bankruptcy.

Strike-off: 15 septembre 2026

What does IT as ART do?

IT as ART is a Private company with limited liability incorporated in 2015.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0644.568.463
Incorporation
16/12/2015
Legal form
Private company with limited liability
Contributed capital
6 200,00 €
Latest accounts
31/12/2020
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20202019201820172016
Income statement
Gross margin988,5 €-10,4 k €16,7 k €13,1 k €63,9 k €
EBITDA988,5 €-10,4 k €15,9 k €11,4 k €63 k €
Operating result-691,1 €-12,2 k €1,2 k €-2,7 k €47 k €
Net result3,1 k €-9,6 k €1,6 k €-1,2 k €30,1 k €
Balance sheet
Equity30,3 k €27,2 k €36,8 k €35,1 k €36,3 k €
Total assets64,3 k €60,7 k €76,2 k €120,6 k €115,7 k €
Cash75 €18,5 k €
Debts34,1 k €33,6 k €39,5 k €85,4 k €79,4 k €
Governance

Board of directors

Seen on filing of 31/12/2020 · 1 active · 1 ended

Active mandates

SANAE SAADAOUI

Director · since 16 décembre 2015

Active

Ended mandates

SANAE SAADAOUI

Manager · since 16 décembre 2015

Ended
Annual accounts

Full financial information

20202019201820172016
Type of accountMicro modelMicro modelMicro modelMicro modelAbridged model
Start of the financial year01/01/202001/01/201901/01/201801/01/201716/12/2015
Closing of the financial year31/12/202031/12/201931/12/201831/12/201731/12/2016
Length of the financial year12 months12 months12 months12 months13 months
Filing date02/08/202127/11/202027/08/201930/08/201811/08/2017
General meeting08/05/202109/05/202011/05/201930/06/201830/06/2017
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202008/05/202102/08/2021FrenchPDF
Micro model31/12/201909/05/202027/11/2020FrenchPDF
Micro model31/12/201811/05/201927/08/2019FrenchPDF
Micro model31/12/201730/06/201830/08/2018FrenchPDF
Abridged model31/12/201630/06/201711/08/2017FrenchPDF
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 31/12/2020 · 1 active · 1 ended

Active mandates

SANAE SAADAOUI

Director · since 16 décembre 2015

Active

Ended mandates

SANAE SAADAOUI

Manager · since 16 décembre 2015

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other18/12/2015
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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. 2020
    Annual accounts 20203,1 k €
  2. 2019
    Annual accounts 2019-9,6 k €
  3. 2018
    Annual accounts 20181,6 k €
  4. 2017
    Annual accounts 2017-1,2 k €
  5. 2016
    Annual accounts 201630,1 k €
  6. 16/12/2015
    IncorporationPrivate company with limited liability