OPENING OF BANKRUPTCY

HEYARU Engineering

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Financial year 2024 · closed on 31/03/2024

Net result

3,5 M €

+612.9% YoY

Revenue

8,5 M €

Equity

18,6 M €

+23.4% YoY

Workforce

3,6 ETP

-21.7% YoY

Company — Opening of bankruptcy.

What does HEYARU Engineering do?

HEYARU Engineering is a Public limited company incorporated in 2016. Its registered office is in Lommel. It employs on average 3,6 ETP workers (FTE).

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0650.534.557

Incorporation

17/03/2016

Legal form

Public limited company

Registered office

Anton Philipsweg 2
3920 Lommel · FlandreSee on map

Contributed capital

12 663 461,00 €

Latest accounts

31/03/2024

Average workforce

3,6 ETP

Joint committees (2)

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 8 financial years

	2024		2023		2022		2021		2020		2019		2018		2017
Income statement
Revenue	8,5 M €		–		–		–		–		–		–		–
EBITDA	5,8 M €	+306%	1,4 M €	-1.7%	1,5 M €	+490%	247,7 k €	+179%	-313,5 k €	-110%	-149,2 k €	-12.4%	-132,8 k €	-16.9%	-113,6 k €
Operating result	4,2 M €	+372%	884,1 k €	-16.3%	1,1 M €	+11326%	9,2 k €	+103%	-324,8 k €	-106%	-157,8 k €	-18.5%	-133,2 k €	-17.1%	-113,7 k €
Net result	3,5 M €	+613%	495 k €	-39.5%	817,6 k €	+1000%	-90,8 k €	+74.4%	-354,3 k €	-102%	-175,2 k €	-35.6%	-129,2 k €	-12.4%	-115 k €
Balance sheet
Equity	18,6 M €	+23.4%	15,1 M €	+3.4%	14,6 M €	+11.6%	13,1 M €	+13.6%	11,5 M €	+9.0%	10,6 M €	+5888%	-182,7 k €	-242%	-53,5 k €
Total assets	39 M €	+47.2%	26,5 M €	+26.6%	21 M €	+29.6%	16,2 M €	+17.2%	13,8 M €	+25.8%	11 M €	+26017%	42 k €	-22.8%	54,4 k €
Cash	843,1 k €	-36.0%	1,3 M €	+1438%	85,6 k €	+11256%	753,7 €	-99.7%	263,7 k €	+104%	129 k €	+1861%	6,6 k €	+23116%	28,3 €
Debts	20,4 M €	+78.9%	11,4 M €	+82.6%	6,2 M €	+109%	3 M €	+33.6%	2,2 M €	+472%	390,1 k €	+73.6%	224,7 k €	+109%	107,4 k €
Other
Workforce	3,6 ETP	-21.7%	4,6 ETP	-8.0%	5,0 ETP	+194%	1,7 ETP		–		–		–		–

Governance

Board of directors

Seen on filing of 31/03/2024 · 2 active · 15 ended

Active mandates

Da Vinci International Holdings Limited

Managing director · 0644.910.636

Represented by Manish RAJNIKANT SHARMA

Active

HEYARU Technology” Free Zone Entity

Managing director · 0644.910.339

Represented by Mitul ASHOK KUMAR SHAH

Active

Ended mandates

LIMBURGSE RECONVERSIE MAATSCHAPPIJ

Director · since 13 mai 2019 · until 26 septembre 2024 · 0452.138.972

Represented by Alexandra Mannaerts

Ended

LIMBURGSE RECONVERSIE MAATSCHAPPIJ

Director · since 13 mai 2019 · until 08 juillet 2021 · 0452.138.972

Represented by Alexandra Mannaerts

Ended

LIMBURGSE RECONVERSIE MAATSCHAPPIJ

Director · since 13 mai 2019 · until 26 septembre 2024 · 0452.138.972

Represented by ALEXANDRA MANNAERTS

Ended

Da Vinci International Holdings Limited

Director · since 15 mars 2016 · until 26 septembre 2024 · 0644.910.636

Represented by Manish Rajnikant Sharma

Ended

At this address

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Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019	01/04/2018
Closing of the financial year	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020	31/03/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	23/10/2024	30/10/2023	06/10/2022	22/09/2021	01/02/2021	28/11/2019
General meeting	04/10/2024	27/10/2023	29/09/2022	26/08/2021	01/02/2021	23/10/2019
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

8 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2024	04/10/2024	23/10/2024	Dutch	PDF
Abridged model	31/03/2023	27/10/2023	30/10/2023	Dutch	PDF
Abridged model	31/03/2022	29/09/2022	06/10/2022	Dutch	PDF
Abridged model	31/03/2021	26/08/2021	22/09/2021	Dutch	PDF
Abridged model	31/03/2020	01/02/2021	01/02/2021	Dutch	PDF
Abridged model	31/03/2019	23/10/2019	28/11/2019	Dutch	PDF
Micro model	31/03/2018	27/09/2018	31/10/2018	Dutch	PDF
Micro model	31/03/2017	27/10/2017	25/11/2017	Dutch	PDF

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 31/03/2024 · 2 active · 15 ended

Active mandates

Da Vinci International Holdings Limited

Managing director · 0644.910.636

Represented by Manish RAJNIKANT SHARMA

Active

HEYARU Technology” Free Zone Entity

Managing director · 0644.910.339

Represented by Mitul ASHOK KUMAR SHAH

Active

Ended mandates

LIMBURGSE RECONVERSIE MAATSCHAPPIJ

Director · since 13 mai 2019 · until 26 septembre 2024 · 0452.138.972

Represented by Alexandra Mannaerts

Ended

LIMBURGSE RECONVERSIE MAATSCHAPPIJ

Director · since 13 mai 2019 · until 08 juillet 2021 · 0452.138.972

Represented by Alexandra Mannaerts

Ended

LIMBURGSE RECONVERSIE MAATSCHAPPIJ

Director · since 13 mai 2019 · until 26 septembre 2024 · 0452.138.972

Represented by ALEXANDRA MANNAERTS

Ended

Da Vinci International Holdings Limited

Director · since 15 mars 2016 · until 26 septembre 2024 · 0644.910.636

Represented by Manish Rajnikant Sharma

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/11/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/08/2022
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/01/2022
ONTSLAGEN - BENOEMINGEN
PDF
Registered office11/05/2020
MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares28/05/2019
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates30/04/2019
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares11/04/2019
KAPITAAL - AANDELEN
PDF
Mandates01/08/2018
ONTSLAGEN - BENOEMINGEN
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

2024
Annual accounts 20243,5 M €↑
2023
Annual accounts 2023495 k €↓
2022
Annual accounts 2022817,6 k €↑
2021
Annual accounts 2021-90,8 k €↑
2020
Annual accounts 2020-354,3 k €↓
2019
Annual accounts 2019-175,2 k €↓
2018
Annual accounts 2018-129,2 k €↓
2017
Annual accounts 2017-115 k €
17/03/2016
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

HEYARU Engineering

Overview

What does HEYARU Engineering do?

Trend over 8 financial years

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline