OPENING OF BANKRUPTCY

Sequana Medical

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Company — Opening of bankruptcy.

Strike-off: 01 juillet 2026

Financial year 2022 · Closed on 31/12/2022

Net result-24,8 M €-24,1 %over 1 year
Revenue922,7 k €+149,0 %over 1 year
Equity10,8 M €+63,8 %over 1 year
Workforce9,2 ETP+2,2 %over 1 year

Identity

Source · BCE/KBO

Sequana Medical is a Public limited company incorporated in 2018. Its main activity is: Manufacture of medical and dental instruments and supplies. Its registered office is in Gent. It employs on average 9,2 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0707.821.866
Incorporation
01/10/2018
Legal form
Public limited company
Registered office
Kortrijksesteenweg 1112 box 102
9051 Gent · FlandreSee on map
Contributed capital
172 784 626,00 €
Latest accounts
31/12/2022
Average workforce
9,2 ETP
Joint committees (1)
  • 200
Signals
Good liquidityHealthy social debts

Financials

Source · NBB, 15 filings

Trend over 4 financial years

2022202120202019
Income statement
Revenue922,7 k €370,5 k €963,3 k €970,6 k €
EBITDA-16,3 M €-14,5 M €-13,2 M €-15,6 M €
Operating result-23,1 M €-19 M €-15,7 M €-15,7 M €
Net result-24,8 M €-20 M €-17 M €-16,7 M €
Balance sheet
Equity10,8 M €6,6 M €3,1 M €1,2 M €
Total assets36,9 M €21,1 M €16,6 M €9 M €
Cash18,4 M €9,2 M €10,7 M €3,5 M €
Debts22,4 M €11,5 M €11,7 M €6,3 M €
Other
Workforce9,2 ETP9,0 ETP8,3 ETP5,4 ETP

Board of directors

Source · NBB, accounts to 31/12/2022

7 active · 8 ended

Active mandates

Alexandra Clyde

Director · since 10 février 2023 · until 22 mai 2026

Active
Douglas Kohrs

Director · since 10 février 2023 · until 22 mai 2026

Active
Jackie Fielding

Director · since 02 septembre 2021 · until 22 mai 2026

Active
Ian Crosbie

Administrator - manager · since 27 mai 2021 · until 29 mai 2025

Active
Pierre Chauvineau

Chairman of the board of directors · since 27 mai 2021 · until 29 mai 2025

Active
Rudy Dekeyser

Director · since 27 mai 2021 · until 29 mai 2025

Active
WIOT

Director · since 27 mai 2021 · until 29 mai 2025 · 0708.895.596

Represented by Wim Ottevaere

Active

Ended mandates

Jackie Fielding

Director · since 02 septembre 2021 · until 27 mai 2022

Ended
Erik Amble

Director · since 27 mai 2021 · until 29 mai 2025

Ended
Jason Hannon

Director · since 23 mai 2019 · until 26 mai 2022

Ended
Dekeyser Rudy

Director · since 12 février 2019 · until 26 mai 2022

Ended

Other companies at this address

Kortrijksesteenweg 1112 9051 Gent
CompanyCBE no.
DSRCo● Bankrupt
1015.812.308

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelConsolidated accounts
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/10/202512/06/202426/05/202327/06/202218/06/202117/06/2020
General meeting22/05/202523/05/202425/05/202327/05/202227/05/202128/05/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 15 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full modelCorrection31/12/202422/05/202530/10/2025DutchPDF
Full model31/12/202422/05/202513/06/2025DutchPDF
Consolidated accounts31/12/202422/05/202520/06/2025DutchPDF
Full model31/12/202323/05/202412/06/2024DutchPDF
Consolidated accounts31/12/202323/05/202411/06/2024DutchPDF
Full model31/12/202225/05/202326/05/2023DutchPDF
Consolidated accounts31/12/202225/05/202326/05/2023DutchPDF
Full model31/12/202127/05/202227/06/2022DutchPDF
Consolidated accounts31/12/202127/05/202227/06/2022DutchPDF
Full model31/12/202027/05/202118/06/2021DutchPDF
Consolidated accounts31/12/202001/01/999918/06/2021DutchPDF
Full model31/12/201928/05/202011/06/2020DutchPDF
Consolidated accounts31/12/201928/05/202017/06/2020DutchPDF
Full model31/12/201823/05/201903/06/2019DutchPDF
Consolidated accounts31/12/201801/01/999903/06/2019DutchPDF

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 31/12/2022

7 active · 8 ended

Active mandates

Alexandra Clyde

Director · since 10 février 2023 · until 22 mai 2026

Active
Douglas Kohrs

Director · since 10 février 2023 · until 22 mai 2026

Active
Jackie Fielding

Director · since 02 septembre 2021 · until 22 mai 2026

Active
Ian Crosbie

Administrator - manager · since 27 mai 2021 · until 29 mai 2025

Active
Pierre Chauvineau

Chairman of the board of directors · since 27 mai 2021 · until 29 mai 2025

Active
Rudy Dekeyser

Director · since 27 mai 2021 · until 29 mai 2025

Active
WIOT

Director · since 27 mai 2021 · until 29 mai 2025 · 0708.895.596

Represented by Wim Ottevaere

Active

Ended mandates

Jackie Fielding

Director · since 02 septembre 2021 · until 27 mai 2022

Ended
Erik Amble

Director · since 27 mai 2021 · until 29 mai 2025

Ended
Jason Hannon

Director · since 23 mai 2019 · until 26 mai 2022

Ended
Dekeyser Rudy

Director · since 12 février 2019 · until 26 mai 2022

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Capital / shares08/05/2026
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares20/04/2026
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares17/03/2026
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares13/02/2026
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares22/01/2026
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares12/01/2026
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares01/12/2025
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares03/11/2025
    KAPITAAL - AANDELEN
    PDF

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 2022-24,8 M €↓
  2. 2021
    Annual accounts 2021-20 M €↓
  3. 2020
    Annual accounts 2020-17 M €↓
  4. 2019
    Annual accounts 2019-16,7 M €
  5. 01/10/2018
    IncorporationPublic limited company