NORMAL SITUATION

Electro Services

Financial year 2020 · closed on 31/12/2020
Net result
15,5 k €
-40.4% YoY
Gross margin
20,6 k €
-56.6% YoY
Equity
106,2 k €
+17.1% YoY

Company — Normal situation.

What does Electro Services do?

Electro Services is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0652.976.581
Legal form
Cooperative company with limited liability
Contributed capital
18 600,00 €
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 4 financial years

2020201920182017
Income statement
Gross margin20,6 k €47,4 k €55 k €14,8 k €
EBITDA20,5 k €41,6 k €54,9 k €14,8 k €
Operating result20,5 k €41,6 k €54,9 k €13,7 k €
Net result15,5 k €26 k €36,6 k €9,6 k €
Balance sheet
Equity106,2 k €90,7 k €64,7 k €28,2 k €
Total assets173,2 k €174,3 k €120,8 k €53,3 k €
Cash736,6 €25,4 k €394,7 €5,6 k €
Debts67 k €83,6 k €56,1 k €25,2 k €
Governance

Board of directors

Seen on filing of 31/12/2020 · 5 active · 18 ended

Active mandates

FARUK YILMAZ

Director · since 01 mars 2022

Active
KEMAL KANKILIC

Director · since 01 mars 2022

Active
OSMAN AKCA

Director · since 01 mars 2022

Active
ÖZGÜR KORKMAZ

Director · since 01 mars 2022

Active
DANIEL GARCIA

Managing director · since 10 juillet 2020

Active

Ended mandates

SEMIH GOKSU

Mandate · since 01 janvier 2019 · until 30 septembre 2019

Ended
KENAN DELIKAYA

Director · since 10 février 2018 · until 10 juillet 2019

Ended
DIMITAR ATANASOV

Mandate · since 07 août 2017 · until 24 novembre 2017

Ended
YUNUS DALKILIC

Mandate · since 01 juin 2017 · until 30 juin 2017

Ended
Annual accounts

Full financial information

2020201920182017
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202001/01/201901/01/201829/04/2016
Closing of the financial year31/12/202031/12/201931/12/201831/12/2017
Length of the financial year12 months12 months12 months21 months
Filing date07/04/202213/10/202012/07/201926/09/2018
General meeting31/03/202204/06/202027/06/201928/06/2018
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
Abridged model31/12/202031/03/202207/04/2022DutchPDF
Abridged model31/12/201904/06/202013/10/2020DutchPDF
Abridged model31/12/201827/06/201912/07/2019DutchPDF
Abridged model31/12/201728/06/201826/09/2018DutchPDF
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.

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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.

Governance

Board of directors

Seen on filing of 31/12/2020 · 5 active · 18 ended

Active mandates

FARUK YILMAZ

Director · since 01 mars 2022

Active
KEMAL KANKILIC

Director · since 01 mars 2022

Active
OSMAN AKCA

Director · since 01 mars 2022

Active
ÖZGÜR KORKMAZ

Director · since 01 mars 2022

Active
DANIEL GARCIA

Managing director · since 10 juillet 2020

Active

Ended mandates

SEMIH GOKSU

Mandate · since 01 janvier 2019 · until 30 septembre 2019

Ended
KENAN DELIKAYA

Director · since 10 février 2018 · until 10 juillet 2019

Ended
DIMITAR ATANASOV

Mandate · since 07 août 2017 · until 24 novembre 2017

Ended
YUNUS DALKILIC

Mandate · since 01 juin 2017 · until 30 juin 2017

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 202015,5 k €
  2. 2019
    Annual accounts 201926 k €
  3. 2018
    Annual accounts 201836,6 k €
  4. 2017
    Annual accounts 20179,6 k €