OPENING OF BANKRUPTCY

El Royale

Financial year 2021 · closed on 31/12/2021
Net result
24,2 k €
+199.5% YoY
Revenue
186,8 k €
+125.8% YoY
Equity
23,2 k €
+2314.1% YoY

Company — Opening of bankruptcy.

What does El Royale do?

El Royale is a Private company with limited liability incorporated in 2019. Its main activity is: Hairdressing and other beauty treatment. Its registered office is in Antwerpen.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0719.381.890
Incorporation
24/01/2019
Legal form
Private company with limited liability
Registered office
Van Schoonhovenstraat 25
2060 Antwerpen · FlandreSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2021
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202120202019
Income statement
Revenue186,8 k €82,7 k €
EBITDA37,4 k €-24 k €15,4 k €
Operating result36,8 k €-24,5 k €15,4 k €
Net result24,2 k €-24,3 k €10,9 k €
Balance sheet
Equity23,2 k €-1 k €23,3 k €
Total assets104 k €22,9 k €42,6 k €
Cash60,9 k €217,6 €2,6 k €
Debts80,9 k €24 k €19,3 k €
Governance

Board of directors

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

Active mandates

Rizlan BALLAGH

Mandate

Active
Annual accounts

Full financial information

202120202019
Type of accountMicro modelMicro modelMicro model
Start of the financial year01/01/202101/01/202024/01/2019
Closing of the financial year31/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months
Filing date14/11/202229/10/202130/09/2020
General meeting10/11/202228/05/202129/05/2020
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202110/11/202214/11/2022DutchPDF
Micro model31/12/202028/05/202129/10/2021DutchPDF
Micro model31/12/201929/05/202030/09/2020DutchPDF
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.

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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.

Governance

Board of directors

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

Active mandates

Rizlan BALLAGH

Mandate

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other28/01/2019
    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. 2021
    Annual accounts 202124,2 k €
  2. 2020
    Annual accounts 2020-24,3 k €
  3. 2019
    Annual accounts 201910,9 k €
  4. 24/01/2019
    IncorporationPrivate company with limited liability