OPENING OF BANKRUPTCY

SEWER SERVICES & SOLUTIONS

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Financial year 2021 · closed on 31/12/2021
Net result
21,7 k €
+176.8% YoY
Gross margin
76,8 k €
+76.6% YoY
Equity
99 k €
+28.0% YoY
Workforce
0,6 ETP

Company — Opening of bankruptcy.

What does SEWER SERVICES & SOLUTIONS do?

SEWER SERVICES & SOLUTIONS is a Private company with limited liability incorporated in 2017. Its main activity is: Rental of video tapes and disks. Its registered office is in Geraardsbergen. It employs on average 0,6 ETP workers (FTE).

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0676.680.413
Incorporation
09/06/2017
Legal form
Private company with limited liability
Registered office
Herenveld(Sch) 2
9500 Geraardsbergen · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2021
Average workforce
0,6 ETP
Activities (NACE)
77221Rental of video tapes and disks· main77291Rental and leasing of other personal and household goods45194Sale of other motor vehicles46649Wholesale of machinery for the textile industry and of sewing and knitting machines46699Wholesale of other machinery and equipment46713Wholesale of solid, liquid and gaseous fuels and related products+2
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2021202020192018
Income statement
Gross margin76,8 k €43,5 k €64,8 k €49,7 k €
EBITDA43,2 k €23,6 k €59 k €49,1 k €
Operating result28 k €11,5 k €50,2 k €44,5 k €
Net result21,7 k €7,8 k €35,5 k €27,8 k €
Balance sheet
Equity99 k €77,3 k €69,5 k €34 k €
Total assets381,6 k €396,6 k €423 k €181,3 k €
Cash91,3 k €132,7 k €78,8 k €50,3 k €
Debts282,6 k €319,2 k €353,5 k €147,3 k €
Other
Workforce0,6 ETP–––
Governance

Board of directors

Seen on filing of 31/12/2021 · 2 active · 2 ended

Active mandates

CHRISTINE ERZEEL

Director

Active
STEVEN COOMAN

Director

Active

Ended mandates

Christine Erzeel

Manager

Ended
Steven Cooman

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
BEDRIJVENCENTRUM REGIO GERAARDSBERGEN● Active
0456.832.584
DCC● Active
0877.549.595
D&D Machines● Bankrupt
0897.056.394
EETHUIS● Bankrupt
0458.442.190
KRALO● Active
0797.897.353
LIBEKO● Active
0462.406.423
VDM TRANSPORT● Active
0892.349.817
Vecon Concrete● Bankrupt
0544.531.472
VINNOBLE● Active
0460.773.160
WONINGBOUW TRIUMPH● Active
0526.947.055
Annual accounts

Full financial information

2021202020192018
Type of accountAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/01/202101/01/202001/01/201909/06/2017
Closing of the financial year31/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months19 months
Filing date29/09/202224/08/202129/09/202030/08/2019
General meeting24/06/202225/06/202126/06/202028/06/2019
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 model31/12/202124/06/202229/09/2022DutchPDF
Micro model31/12/202025/06/202124/08/2021DutchPDF
Micro model31/12/201926/06/202029/09/2020DutchPDF
Micro model31/12/201828/06/201930/08/2019DutchPDF
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 · 2 active · 2 ended

Active mandates

CHRISTINE ERZEEL

Director

Active
STEVEN COOMAN

Director

Active

Ended mandates

Christine Erzeel

Manager

Ended
Steven Cooman

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office15/09/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other28/06/2017
    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 202121,7 k €↑
  2. 2020
    Annual accounts 20207,8 k €↓
  3. 2019
    Annual accounts 201935,5 k €↑
  4. 2018
    Annual accounts 201827,8 k €
  5. 09/06/2017
    IncorporationPrivate company with limited liability