OPENING OF BANKRUPTCY

VAROMAC

Financial year 2020 · closed on 31/12/2020
Net result
10,5 k €
+261.1% YoY
Gross margin
476,6 k €
+1.1% YoY
Equity
63,2 k €
+19.8% YoY
Workforce
9,3 ETP
-15.5% YoY

Company — Opening of bankruptcy.

What does VAROMAC do?

VAROMAC is a Private company with limited liability incorporated in 2016. Its main activity is: Sale of cars and light motor vehicles. Its registered office is in Antwerpen. It employs on average 9,3 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0658.853.001
Incorporation
29/06/2016
Legal form
Private company with limited liability
Registered office
Haminastraat 15
2030 Antwerpen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2020
Average workforce
9,3 ETP
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20202019201820172016
Income statement
Gross margin476,6 k €471,6 k €218,5 k €99,8 k €256,5 k €
EBITDA23,8 k €10,6 k €24 k €31,8 k €48,8 k €
Operating result20,3 k €7,3 k €17,3 k €17,8 k €7,3 k €
Net result10,5 k €2,9 k €6,5 k €7,6 k €966,2 €
Balance sheet
Equity63,2 k €52,8 k €49,9 k €43,4 k €35,8 k €
Total assets905 k €286,5 k €359,8 k €312,4 k €647,1 k €
Cash21,4 k €3,6 k €12,8 k €64 k €1,2 k €
Debts841,8 k €233,8 k €309,9 k €269 k €611,3 k €
Other
Workforce9,3 ETP11,0 ETP5,3 ETP1,3 ETP0,9 ETP
Governance

Board of directors

Seen on filing of 31/12/2020 · 2 active · 3 ended

Active mandates

Bellissa

Director · since 30 avril 2020 · 0632.999.036

Active
VANHEEL I&M

Director · since 26 septembre 2016 · until 30 avril 2020 · 0883.331.686

Represented by Valère Vanheel

Active

Ended mandates

VANHEEL I&M

Director · since 26 septembre 2016 · 0883.331.686

Represented by Valère Vanheel

Ended
VANHEEL I&M

Manager · since 26 septembre 2016 · 0883.331.686

Represented by Valère Vanheel

Ended
VAROMAC

Manager · since 26 septembre 2016 · 0658.853.001

Represented by Valère Vanheel

Ended
At this address

Other companies at this address

CompanyCBE no.
Car2PointActive
0728.990.236
0801.596.518
TITAN CARGOActive
0891.056.153
Annual accounts

Full financial information

20202019201820172016
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202001/01/201901/01/201801/01/201729/06/2016
Closing of the financial year31/12/202031/12/201931/12/201831/12/201731/12/2016
Length of the financial year12 months12 months12 months12 months7 months
Filing date30/08/202129/10/202028/08/201931/08/201823/08/2017
General meeting04/06/202114/08/202007/06/201901/06/201802/06/2017
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202004/06/202130/08/2021DutchPDF
Abridged model31/12/201914/08/202029/10/2020DutchPDF
Abridged model31/12/201807/06/201928/08/2019DutchPDF
Abridged model31/12/201701/06/201831/08/2018DutchPDF
Abridged model31/12/201602/06/201723/08/2017DutchPDF
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 · 2 active · 3 ended

Active mandates

Bellissa

Director · since 30 avril 2020 · 0632.999.036

Active
VANHEEL I&M

Director · since 26 septembre 2016 · until 30 avril 2020 · 0883.331.686

Represented by Valère Vanheel

Active

Ended mandates

VANHEEL I&M

Director · since 26 septembre 2016 · 0883.331.686

Represented by Valère Vanheel

Ended
VANHEEL I&M

Manager · since 26 septembre 2016 · 0883.331.686

Represented by Valère Vanheel

Ended
VAROMAC

Manager · since 26 septembre 2016 · 0658.853.001

Represented by Valère Vanheel

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates29/06/2020
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other20/07/2016
    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. 2020
    Annual accounts 202010,5 k €
  2. 2019
    Annual accounts 20192,9 k €
  3. 2018
    Annual accounts 20186,5 k €
  4. 2017
    Annual accounts 20177,6 k €
  5. 2016
    Annual accounts 2016966,2 €
  6. 29/06/2016
    IncorporationPrivate company with limited liability