OPENING OF BANKRUPTCY

DIRECT CURRENT ENERGY

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Financial year 2023 · closed on 31/12/2023
Net result
104 k €
-14.3% YoY
Gross margin
444,3 k €
+69.0% YoY
Equity
245 k €
+73.8% YoY

Company — Opening of bankruptcy.

What does DIRECT CURRENT ENERGY do?

DIRECT CURRENT ENERGY is a Private company with limited liability incorporated in 2019. Its main activity is: Manufacture of electric motors, generators and transformers. Its registered office is in Antwerpen.

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0722.673.160
Incorporation
13/03/2019
Legal form
Private company with limited liability
Registered office
Fotografielaan 18
2610 Antwerpen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2023
Activities (NACE)
27110Manufacture of electric motors, generators and transformers· main27110Manufacture of electric motors, generators and transformers28210Manufacture of ovens, furnaces and furnace burners28210Manufacture of ovens, furnaces and furnace burners
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20232022202120202019
Income statement
Gross margin444,3 k €262,8 k €86,4 k €40,6 k €12,2 k €
EBITDA118,5 k €123,2 k €3,1 k €-1,2 k €9,4 k €
Operating result117,3 k €122 k €1,9 k €-2,5 k €8,1 k €
Net result104 k €121,5 k €-4,3 k €-2,9 k €8,1 k €
Balance sheet
Equity245 k €141 k €19,5 k €20,2 k €23,1 k €
Total assets266,7 k €235,5 k €102 k €81,3 k €24,2 k €
Cash4,8 k €–213,9 €–5,5 k €
Debts21,7 k €94,5 k €82,5 k €61,1 k €1,1 k €
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Annual accounts

Full financial information

20232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202301/01/202201/01/202101/01/202008/03/2019
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months10 months
Filing date03/10/202414/03/202325/10/202217/06/202223/10/2020
General meeting20/06/202414/03/202316/06/202217/06/202123/10/2020
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202320/06/202403/10/2024DutchPDF
Micro model31/12/202214/03/202314/03/2023DutchPDF
Micro model31/12/202116/06/202225/10/2022DutchPDF
Micro model31/12/202017/06/202117/06/2022DutchPDF
Micro model31/12/201923/10/202023/10/2020DutchPDF
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.

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office06/12/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other15/03/2019
    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.

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Timeline

  1. 2023
    Annual accounts 2023104 k €↓
  2. 2022
    Annual accounts 2022121,5 k €↑
  3. 2021
    Annual accounts 2021-4,3 k €↓
  4. 2020
    Annual accounts 2020-2,9 k €↓
  5. 2019
    Annual accounts 20198,1 k €
  6. 13/03/2019
    IncorporationPrivate company with limited liability