OPENING OF BANKRUPTCY

KenElec

Financial year 2022 · closed on 31/12/2022
Net result
30,1 k €
+198.4% YoY
Gross margin
169,6 k €
+86.7% YoY
Equity
13,5 k €
+180.8% YoY

Company — Opening of bankruptcy.

What does KenElec do?

KenElec is a Private company with limited liability incorporated in 2019. Its main activity is: Repair of machinery. Its registered office is in Zottegem.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0717.557.696
Incorporation
02/01/2019
Legal form
Private company with limited liability
Registered office
Pastoriestraat 22/5
9620 Zottegem · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2022
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2022202120202019
Income statement
Gross margin169,6 k €90,8 k €91,3 k €44,6 k €
EBITDA55 k €-10,4 k €14,1 k €26,9 k €
Operating result45,5 k €-21,6 k €3,6 k €11,1 k €
Net result30,1 k €-30,6 k €-839,9 €8,6 k €
Balance sheet
Equity13,5 k €-16,7 k €14 k €14,8 k €
Total assets319,3 k €215,8 k €155,9 k €123,6 k €
Cash24 k €21,7 €228,9 €
Debts304,2 k €230,9 k €140,4 k €107,2 k €
Governance

Board of directors

Seen on filing of 31/12/2022 · 1 active · 1 ended

Active mandates

KEN PRAET

Manager

Active

Ended mandates

KEN PRAET

Director

Ended
Annual accounts

Full financial information

2022202120202019
Type of accountMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202201/01/202101/01/202021/12/2018
Closing of the financial year31/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months13 months
Filing date30/03/202326/10/202220/12/202125/08/2020
General meeting29/03/202317/09/202204/12/202101/08/2020
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
Micro model31/12/202229/03/202330/03/2023DutchPDF
Micro model31/12/202117/09/202226/10/2022DutchPDF
Micro model31/12/202004/12/202120/12/2021DutchPDF
Micro model31/12/201901/08/202025/08/2020DutchPDF
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 31/12/2022 · 1 active · 1 ended

Active mandates

KEN PRAET

Manager

Active

Ended mandates

KEN PRAET

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office07/03/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other04/01/2019
    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. 2022
    Annual accounts 202230,1 k €
  2. 2021
    Annual accounts 2021-30,6 k €
  3. 2020
    Annual accounts 2020-839,9 €
  4. 2019
    Annual accounts 20198,6 k €
  5. 02/01/2019
    IncorporationPrivate company with limited liability