OPENING OF BANKRUPTCY

Coating Solutions

Financial year 2020 · closed on 31/12/2020
Net result
-2,2 k €
+89.0% YoY
Gross margin
14,1 k €
-93.1% YoY
Equity
342 €
-86.3% YoY

Company — Opening of bankruptcy.

What does Coating Solutions do?

Coating Solutions is a Private company with limited liability incorporated in 2016. Its registered office is in Gent.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0652.812.671
Incorporation
25/04/2016
Legal form
Private company with limited liability
Registered office
Tolhuislaan 168
9000 Gent · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2020
Signals
Solid equityPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2020201920182017
Income statement
Gross margin14,1 k €203,4 k €221 k €252 k €
EBITDA6,3 k €-17,9 k €41,2 k €98,2 k €
Operating result6,3 k €-17,9 k €26,5 k €90,2 k €
Net result-2,2 k €-19,5 k €25,8 k €57,5 k €
Balance sheet
Equity342 €2,5 k €32 k €28,7 k €
Total assets342 €66 k €112,1 k €184,6 k €
Cash0 €6,5 k €5,1 k €39,4 k €
Debts63,5 k €80,1 k €156 k €
Other
Workforce4,5 ETP
Governance

Board of directors

Seen on filing of 31/12/2020 · 1 active · 3 ended

Active mandates

Mohamed Kökten

Administrator - manager

Active

Ended mandates

mohamed Kôkten

Director

Ended
Mohamed Kôkten

Manager

Ended
Razma Angar

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
AY LOGBankrupt
0702.785.289
Annual accounts

Full financial information

2020201920182017
Type of accountMicro modelMicro modelMicro modelAbridged model
Start of the financial year01/01/202001/01/201901/01/201825/04/2016
Closing of the financial year31/12/202031/12/201931/12/201831/12/2017
Length of the financial year12 months12 months12 months21 months
Filing date06/05/202121/09/202026/06/201916/07/2018
General meeting26/04/202117/07/202026/06/201920/06/2018
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 model31/12/202026/04/202106/05/2021DutchPDF
Micro model31/12/201917/07/202021/09/2020DutchPDF
Micro model31/12/201826/06/201926/06/2019DutchPDF
Abridged model31/12/201720/06/201816/07/2018DutchPDF
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 · 3 ended

Active mandates

Mohamed Kökten

Administrator - manager

Active

Ended mandates

mohamed Kôkten

Director

Ended
Mohamed Kôkten

Manager

Ended
Razma Angar

Manager

Ended
Shareholders

Ownership and network

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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 2020-2,2 k €
  2. 2019
    Annual accounts 2019-19,5 k €
  3. 2018
    Annual accounts 201825,8 k €
  4. 2017
    Annual accounts 201757,5 k €
  5. 25/04/2016
    IncorporationPrivate company with limited liability