NORMAL SITUATION

TIMELESS STEEL

Company — Normal situation.

Financial year 2021 · Closed on 31/12/2021

Net result-8,9 k €-281,5 %over 1 year
Gross margin-2,9 k €-128,1 %over 1 year
Equity23,8 k €-27,1 %over 1 year

Identity

Source · BCE/KBO

TIMELESS STEEL is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0663.579.572
Legal form
Private limited company
Contributed capital
10 510,00 €
Latest accounts
31/12/2021
Signals
Solid equityGood liquidity

Financials

Source · NBB, 5 filings

Trend over 5 financial years

20212020201920182017
Income statement
Gross margin-2,9 k €10,3 k €15,2 k €-866,8 €21,6 k €
EBITDA-3,4 k €9,6 k €14,4 k €-2,8 k €20,7 k €
Operating result-8,5 k €7,1 k €12,1 k €-4,6 k €17,5 k €
Net result-8,9 k €4,9 k €9,4 k €-4,8 k €12,7 k €
Balance sheet
Equity23,8 k €32,7 k €27,8 k €18,4 k €23,2 k €
Total assets34,1 k €43,8 k €32,6 k €32,9 k €29,2 k €
Cash13,2 k €18,9 k €20,1 k €10,9 k €10,6 k €
Debts10,3 k €11,1 k €4,8 k €14,5 k €5,9 k €

Board of directors

Source · NBB, accounts to 31/12/2021

2 active · 2 ended

Active mandates

Britt Witvrouwen

Director · since 16 avril 2018

Active
Kevin Van Der Weehe

Director · since 28 septembre 2016

Active

Ended mandates

Britt Witvrouwen

Manager · since 16 avril 2018

Ended
Kevin Van Der Weehe

Manager · since 28 septembre 2016

Ended

Full financial information

Source · NBB
20212020201920182017
Type of accountMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202101/01/202001/01/201901/01/201828/09/2016
Closing of the financial year31/12/202131/12/202031/12/201931/12/201831/12/2017
Length of the financial year12 months12 months12 months12 months16 months
Filing date29/07/202227/07/202124/06/202025/06/201918/06/2018
General meeting17/06/202218/06/202119/06/202021/06/201915/06/2018
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 5 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202117/06/202229/07/2022DutchPDF
Micro model31/12/202018/06/202127/07/2021DutchPDF
Micro model31/12/201919/06/202024/06/2020DutchPDF
Micro model31/12/201821/06/201925/06/2019DutchPDF
Micro model31/12/201715/06/201818/06/2018DutchPDF

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 31/12/2021

2 active · 2 ended

Active mandates

Britt Witvrouwen

Director · since 16 avril 2018

Active
Kevin Van Der Weehe

Director · since 28 septembre 2016

Active

Ended mandates

Britt Witvrouwen

Manager · since 16 avril 2018

Ended
Kevin Van Der Weehe

Manager · since 28 septembre 2016

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Dissolution19/10/2022
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
    PDF
  • Mandates01/09/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/04/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other30/09/2016
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

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Timeline

  1. 2021
    Annual accounts 2021-8,9 k €↓
  2. 2020
    Annual accounts 20204,9 k €↓
  3. 2019
    Annual accounts 20199,4 k €↑
  4. 2018
    Annual accounts 2018-4,8 k €↓
  5. 2017
    Annual accounts 201712,7 k €