OPENING OF BANKRUPTCY

HORECA FIRST

Financial year 2023 · closed on 31/12/2023
Net result
-49,8 k €
-544.2% YoY
Gross margin
16,3 k €
-61.6% YoY
Equity
19,7 k €
-71.6% YoY

Company — Opening of bankruptcy.

What does HORECA FIRST do?

HORECA FIRST is a Private company with limited liability incorporated in 2019. Its registered office is in Ixelles.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0722.830.142
Incorporation
18/03/2019
Legal form
Private company with limited liability
Registered office
Avenue Louise 367
1050 Ixelles · BruxellesSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2023
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20232022202120202019
Income statement
Gross margin16,3 k €42,6 k €39 k €55,8 k €9,4 k €
EBITDA-53,5 k €17,3 k €29,7 k €48 k €-6,6 k €
Operating result-54,5 k €16,2 k €28,7 k €48 k €-6,6 k €
Net result-49,8 k €11,2 k €28,1 k €46,9 k €-9,1 k €
Balance sheet
Equity19,7 k €69,5 k €58,3 k €30,2 k €3,3 k €
Total assets338,4 k €336,7 k €341,8 k €368,1 k €277,1 k €
Cash0,9 €43,5 €1,9 k €3,3 k €16,9 k €
Debts318,7 k €267,2 k €283,5 k €337,9 k €273,7 k €
Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active · 1 ended

Active mandates

BA MOHAMED SEYDINA

Administrator - manager

Active

Ended mandates

Mohamed Seydina Omar BA

Director · since 18 mars 2019

Ended
At this address

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Annual accounts

Full financial information

20232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202301/01/202201/01/202101/01/202018/03/2019
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 date20/08/202409/10/202309/10/202328/12/202131/10/2020
General meeting11/04/202413/04/202314/04/202208/04/202109/04/2020
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 model31/12/202311/04/202420/08/2024FrenchPDF
Micro model31/12/202213/04/202309/10/2023FrenchPDF
Micro model31/12/202114/04/202209/10/2023FrenchPDF
Micro model31/12/202008/04/202128/12/2021FrenchPDF
Micro model31/12/201909/04/202031/10/2020FrenchPDF
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 31/12/2023 · 1 active · 1 ended

Active mandates

BA MOHAMED SEYDINA

Administrator - manager

Active

Ended mandates

Mohamed Seydina Omar BA

Director · since 18 mars 2019

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other20/03/2019
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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. 2023
    Annual accounts 2023-49,8 k €
  2. 2022
    Annual accounts 202211,2 k €
  3. 2021
    Annual accounts 202128,1 k €
  4. 2020
    Annual accounts 202046,9 k €
  5. 2019
    Annual accounts 2019-9,1 k €
  6. 18/03/2019
    IncorporationPrivate company with limited liability