OPENING OF BANKRUPTCY

11 Finance

Company — Opening of bankruptcy.

Financial year 2023 · Closed on 31/12/2023

Net result-127,5 k €-225,2 %over 1 year
Gross margin87,7 k €-70,6 %over 1 year
Equity-19,7 k €-118,3 %over 1 year

Identity

Source · BCE/KBO

11 Finance is a Private limited company incorporated in 2016. Its main activity is: Retail sale of other household equipment in specialised stores. Its registered office is in Amay.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0651.718.056
Incorporation
07/04/2016
Legal form
Private limited company
Registered office
Rue Campagne(AMA) 53
4540 Amay · WallonieSee on map
Contributed capital
100 000,00 €
Latest accounts
31/12/2023
Signals
Healthy social debts

Financials

Source · NBB, 8 filings

Trend over 8 financial years

20232022202120202019
Income statement
Gross margin87,7 k €298,9 k €169 k €132 k €126,7 k €
EBITDA-108,7 k €180,6 k €78,3 k €78,6 k €71,8 k €
Operating result-154,9 k €134,4 k €36,7 k €37,2 k €30,6 k €
Net result-127,5 k €101,8 k €23 k €24,3 k €16,9 k €
Balance sheet
Equity-19,7 k €107,8 k €63,4 k €40,4 k €46,1 k €
Total assets404,8 k €558,3 k €220,4 k €240,2 k €247,7 k €
Cash9,6 k €268,4 €–58,6 k €8,8 k €
Debts424,5 k €450,5 k €157 k €199,8 k €201,6 k €

Board of directors

Source · NBB, accounts to 31/12/2023

1 active

Active mandates

Giuseppe MOTKIN

Manager

Active

Full financial information

Source · NBB
202320222021202020192018
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/09/202401/09/202328/07/202218/08/202113/10/202028/08/2019
General meeting15/05/202417/05/202318/05/202219/05/202120/05/202015/05/2019
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, 8 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202315/05/202430/09/2024FrenchPDF
Micro model31/12/202217/05/202301/09/2023FrenchPDF
Micro model31/12/202118/05/202228/07/2022FrenchPDF
Micro model31/12/202019/05/202118/08/2021FrenchPDF
Micro model31/12/201920/05/202013/10/2020FrenchPDF
Micro model31/12/201815/05/201928/08/2019FrenchPDF
Micro model31/12/201716/05/201831/08/2018FrenchPDF
Abridged model31/12/201617/05/201731/08/2017FrenchPDF

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 31/12/2023

1 active

Active mandates

Giuseppe MOTKIN

Manager

Active

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates21/06/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates20/12/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Other11/04/2016
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2023
    Annual accounts 2023-127,5 k €↓
  2. 2022
    Annual accounts 2022101,8 k €↑
  3. 2021
    Annual accounts 202123 k €↓
  4. 2020
    Annual accounts 202024,3 k €↑
  5. 2019
    Annual accounts 201916,9 k €↑
  6. 2018
    Annual accounts 2018525 €↓
  7. 2017
    Annual accounts 201724,8 k €↑
  8. 2016
    Annual accounts 20164,3 k €
  9. 07/04/2016
    IncorporationPrivate limited company