OPENING OF BANKRUPTCY

HE-CO CONSTRUCT

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Financial year 2022 · closed on 31/12/2022
Net result
31,3 k €
-31.0% YoY
Gross margin
1,1 M €
+13.8% YoY
Equity
240,9 k €
+14.9% YoY
Workforce
14,2 ETP
+9.2% YoY

Company — Opening of bankruptcy.

What does HE-CO CONSTRUCT do?

HE-CO CONSTRUCT is a Private company with limited liability incorporated in 2016. Its main activity is: Joinery installation. Its registered office is in Bocholt. It employs on average 14,2 ETP workers (FTE).

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0657.916.950
Incorporation
01/07/2016
Legal form
Private company with limited liability
Registered office
Kapelstraat 22
3950 Bocholt · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2022
Average workforce
14,2 ETP
Activities (NACE)
43320Joinery installation· main43320Joinery installation22230Manufacture of builders’ ware of plastic22240Manufacture of plastic products
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202220212020201920182017
Income statement
Gross margin1,1 M €961,8 k €872,8 k €1,1 M €952 k €280,4 k €
EBITDA180,3 k €173,9 k €197,3 k €126,3 k €177,8 k €74,5 k €
Operating result105 k €90,4 k €109,8 k €41,7 k €105,8 k €48,8 k €
Net result31,3 k €45,3 k €37,9 k €-984,5 €79 k €29,8 k €
Balance sheet
Equity240,9 k €209,6 k €164,3 k €126,4 k €127,4 k €48,4 k €
Total assets2,2 M €1,7 M €1,6 M €1,7 M €1,4 M €488,7 k €
Cash72,5 k €74 k €10,2 k €54,5 k €27,4 k €72,2 k €
Debts2 M €1,5 M €1,4 M €1,6 M €1,3 M €440,3 k €
Other
Workforce14,2 ETP13,0 ETP12,8 ETP17,8 ETP14,0 ETP3,7 ETP
Governance

Board of directors

Seen on filing of 31/12/2022 · 2 active · 2 ended

Active mandates

Dries Colaers

Director

Active
Gert Hendrikx

Director

Active

Ended mandates

Dries Colaers

Manager

Ended
Gert Hendrikx

Manager

Ended
Annual accounts

Full financial information

202220212020201920182017
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202201/01/202101/01/202001/01/201901/01/201827/06/2016
Closing of the financial year31/12/202231/12/202131/12/202031/12/201931/12/201831/12/2017
Length of the financial year12 months12 months12 months12 months12 months19 months
Filing date31/08/202331/08/202227/08/202112/11/202024/06/201916/07/2018
General meeting02/06/202303/06/202204/06/202110/11/202007/06/201901/06/2018
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202202/06/202331/08/2023DutchPDF
Abridged model31/12/202103/06/202231/08/2022DutchPDF
Abridged model31/12/202004/06/202127/08/2021DutchPDF
Abridged model31/12/201910/11/202012/11/2020DutchPDF
Abridged model31/12/201807/06/201924/06/2019DutchPDF
Abridged model31/12/201701/06/201816/07/2018DutchPDF
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 31/12/2022 · 2 active · 2 ended

Active mandates

Dries Colaers

Director

Active
Gert Hendrikx

Director

Active

Ended mandates

Dries Colaers

Manager

Ended
Gert Hendrikx

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other13/07/2016
    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. 2022
    Annual accounts 202231,3 k €↓
  2. 2021
    Annual accounts 202145,3 k €↑
  3. 2020
    Annual accounts 202037,9 k €↑
  4. 2019
    Annual accounts 2019-984,5 €↓
  5. 2018
    Annual accounts 201879 k €↑
  6. 2017
    Annual accounts 201729,8 k €
  7. 01/07/2016
    IncorporationPrivate company with limited liability