OPENING OF BANKRUPTCY

DEBUTRAC TECHNICS

Financial year 2019 · closed on 31/12/2019
Net result
-82,6 k €
-369.4% YoY
Gross margin
9 k €
-93.1% YoY
Equity
20,9 k €
-79.8% YoY

Company — Opening of bankruptcy.

What does DEBUTRAC TECHNICS do?

DEBUTRAC TECHNICS is a Private company with limited liability incorporated in 2015. Its main activity is: Manufacture of agricultural and forestry machinery. Its registered office is in Aalter.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0644.919.148
Incorporation
28/12/2015
Legal form
Private company with limited liability
Registered office
Oostmolen-Noord 4
9880 Aalter · FlandreSee on map
Latest accounts
31/12/2019
Joint committees (2)
  • 14904
  • 200
Signals
Good liquidityHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2019201820172016
Income statement
Gross margin9 k €130,9 k €63 k €54,9 k €
EBITDA-69 k €50,4 k €21,5 k €18,1 k €
Operating result-70,7 k €49,1 k €20,6 k €17,1 k €
Net result-82,6 k €30,6 k €12,6 k €10,2 k €
Balance sheet
Equity20,9 k €103,5 k €72,8 k €60,2 k €
Total assets1,3 M €759,5 k €607,3 k €413,8 k €
Cash15,2 k €44,1 k €124,5 k €36,2 k €
Debts1,3 M €654,6 k €530,3 k €353,5 k €
Other
Workforce1,0 ETP
Governance

Board of directors

Seen on filing of 31/12/2019 · 2 active · 2 ended

Active mandates

Claudine De Busschere

Director

Active
Frederick De Busschere

Director

Active

Ended mandates

Claudine De Busschere

Manager

Ended
Frederick De Busschere

Manager

Ended
Annual accounts

Full financial information

2019201820172016
Type of accountMicro modelMicro modelMicro modelAbridged model
Start of the financial year01/01/201901/01/201801/01/201728/12/2015
Closing of the financial year31/12/201931/12/201831/12/201731/12/2016
Length of the financial year12 months12 months12 months13 months
Filing date24/07/202004/07/201918/07/201806/07/2017
General meeting05/06/202007/06/201901/06/201802/06/2017
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/201905/06/202024/07/2020DutchPDF
Micro model31/12/201807/06/201904/07/2019DutchPDF
Micro model31/12/201701/06/201818/07/2018DutchPDF
Abridged model31/12/201602/06/201706/07/2017DutchPDF
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 31/12/2019 · 2 active · 2 ended

Active mandates

Claudine De Busschere

Director

Active
Frederick De Busschere

Director

Active

Ended mandates

Claudine De Busschere

Manager

Ended
Frederick De Busschere

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office04/02/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other31/12/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, 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. 2019
    Annual accounts 2019-82,6 k €
  2. 2018
    Annual accounts 201830,6 k €
  3. 2017
    Annual accounts 201712,6 k €
  4. 2016
    Annual accounts 201610,2 k €
  5. 28/12/2015
    IncorporationPrivate company with limited liability