OPENING OF BANKRUPTCY

THERMO SPRAY SOLUTIONS

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Company — Opening of bankruptcy.

Financial year 2020 · Closed on 31/12/2020

Net result8,3 k €-93,8 %over 1 year
Gross margin279,9 k €-22,0 %over 1 year
Equity162 k €+5,4 %over 1 year
Workforce8,8 ETP+120,0 %over 1 year

Identity

Source · BCE/KBO

THERMO SPRAY SOLUTIONS is a Private limited company incorporated in 2019. Its main activity is: Electrical, plumbing and other construction installation activities. Its registered office is in Tournai. It employs on average 8,8 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0721.571.914
Incorporation
26/02/2019
Legal form
Private limited company
Registered office
Rue du Progrès(FRY) 7
7503 Tournai · WallonieSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2020
Average workforce
8,8 ETP
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 2 filings

Trend over 2 financial years

20202019
Income statement
Gross margin279,9 k €358,8 k €
EBITDA20,6 k €195,3 k €
Operating result14,6 k €191,8 k €
Net result8,3 k €135,1 k €
Balance sheet
Equity162 k €153,7 k €
Total assets708,3 k €307,4 k €
Cash127,3 k €117,9 k €
Debts546,2 k €153,8 k €
Other
Workforce8,8 ETP4,0 ETP

Board of directors

Source · NBB, accounts to 31/12/2020

1 active · 1 ended

Active mandates

Bruno DENDIEVEL

Director · since 26 février 2019

Active

Ended mandates

Bruno DENDIEVEL

Manager · since 26 février 2019

Ended

Full financial information

Source · NBB
20202019
Type of accountAbridged modelAbridged model
Start of the financial year01/01/202026/02/2019
Closing of the financial year31/12/202031/12/2019
Length of the financial year12 months11 months
Filing date18/08/202121/02/2020
General meeting03/05/202120/02/2020
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 2 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202003/05/202118/08/2021FrenchPDF
Abridged model31/12/201920/02/202021/02/2020FrenchPDF

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 31/12/2020

1 active · 1 ended

Active mandates

Bruno DENDIEVEL

Director · since 26 février 2019

Active

Ended mandates

Bruno DENDIEVEL

Manager · since 26 février 2019

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates07/04/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/12/2020
    MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office20/02/2020
    SIEGE SOCIAL
    PDF
  • Other28/02/2019
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

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A company's peers, by sector and size, are included in the Business plan.

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Timeline

  1. 2020
    Annual accounts 20208,3 k €↓
  2. 2019
    Annual accounts 2019135,1 k €
  3. 26/02/2019
    IncorporationPrivate limited company