OPENING OF BANKRUPTCY

DE WITTE METAALCONSTRUCTIE

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Financial year 2021 · closed on 31/12/2021
Net result
8,6 k €
-98.1% YoY
Gross margin
558,3 k €
-54.9% YoY
Equity
1,1 M €
+0.8% YoY
Workforce
3,6 ETP
-33.3% YoY

Company — Opening of bankruptcy.

What does DE WITTE METAALCONSTRUCTIE do?

DE WITTE METAALCONSTRUCTIE is a Private limited company incorporated in 2016. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Koekelare. It employs on average 3,6 ETP workers (FTE).

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0666.965.664
Incorporation
06/12/2016
Legal form
Private limited company
Registered office
Barnestraat 1 box .00.A.1
8680 Koekelare · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2021
Average workforce
3,6 ETP
Activities (NACE)
25110Manufacture of metal structures and parts of structures· main25110Manufacture of metal structures and parts of structures33120Repair of machinery33120Repair of machinery
Joint committees (2)
  • 111
  • 209
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20212020201920182017
Income statement
Gross margin558,3 k €1,2 M €1,1 M €530 k €292,3 k €
EBITDA283,3 k €926,8 k €809,2 k €288,9 k €171,3 k €
Operating result76 k €719,3 k €643,7 k €161,1 k €122,6 k €
Net result8,6 k €446 k €428,8 k €92,1 k €71,4 k €
Balance sheet
Equity1,1 M €1 M €602,4 k €182,1 k €90 k €
Total assets2,8 M €2,6 M €2,1 M €1,4 M €769,3 k €
Cash25,3 k €141,5 k €127 k €––
Debts1,7 M €1,5 M €1,5 M €1,3 M €679,3 k €
Other
Workforce3,6 ETP5,4 ETP5,9 ETP5,4 ETP–
Governance

Board of directors

Seen on filing of 31/12/2021 · 1 active · 4 ended

Active mandates

DE WITTE INVESTMENT FUND

Director · since 12 mai 2020 · 0705.823.666

Represented by Paul De Witte

Active

Ended mandates

Oshin Bardyn

Director · since 13 septembre 2017 · until 12 mai 2020

Ended
Oshin Bardyn

Manager · since 13 septembre 2017

Ended
Paul De Witte

Director · since 06 décembre 2016 · until 12 mai 2020

Ended
Paul De Witte

Manager · since 06 décembre 2016

Ended
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Annual accounts

Full financial information

20212020201920182017
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/01/202101/01/202001/01/201901/01/201806/12/2016
Closing of the financial year31/12/202131/12/202031/12/201931/12/201831/12/2017
Length of the financial year12 months12 months12 months12 months13 months
Filing date23/09/202209/07/202102/10/202016/07/201909/06/2018
General meeting15/09/202220/06/202120/03/202027/06/201926/05/2018
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202115/09/202223/09/2022DutchPDF
Abridged model31/12/202020/06/202109/07/2021DutchPDF
Abridged modelCorrection31/12/201920/03/202002/10/2020DutchPDF
Abridged model31/12/201920/03/202026/03/2020DutchPDF
Abridged model31/12/201827/06/201916/07/2019DutchPDF
Micro model31/12/201726/05/201809/06/2018DutchPDF
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 31/12/2021 · 1 active · 4 ended

Active mandates

DE WITTE INVESTMENT FUND

Director · since 12 mai 2020 · 0705.823.666

Represented by Paul De Witte

Active

Ended mandates

Oshin Bardyn

Director · since 13 septembre 2017 · until 12 mai 2020

Ended
Oshin Bardyn

Manager · since 13 septembre 2017

Ended
Paul De Witte

Director · since 06 décembre 2016 · until 12 mai 2020

Ended
Paul De Witte

Manager · since 06 décembre 2016

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office19/07/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates18/05/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Registered office05/12/2017
    MAATSCHAPPELIJKE ZETEL - DIVERSEN
    PDF
  • Mandates09/10/2017
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other08/12/2016
    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. 2021
    Annual accounts 20218,6 k €↓
  2. 2020
    Annual accounts 2020446 k €↑
  3. 2019
    Annual accounts 2019428,8 k €↑
  4. 2018
    Annual accounts 201892,1 k €↑
  5. 2017
    Annual accounts 201771,4 k €
  6. 06/12/2016
    IncorporationPrivate limited company