NORMAL SITUATION

State of Art Store BE fifteen

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Company — Normal situation.

Financial year 2021 · Closed on 31/12/2021

Net result320,7 €-82,0 %over 1 year
Gross margin1,1 k €-66,5 %over 1 year
Equity22,3 k €+1,5 %over 1 year

Identity

Source · BCE/KBO

State of Art Store BE fifteen is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0725.773.301
Legal form
Private company with limited liability
Contributed capital
20 000,00 €
Latest accounts
31/12/2021
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 3 filings

Trend over 3 financial years

202120202019
Income statement
Gross margin1,1 k €3,2 k €876,3 €
EBITDA973,3 €3,1 k €876,3 €
Operating result973,3 €3,1 k €876,3 €
Net result320,7 €1,8 k €190,2 €
Balance sheet
Equity22,3 k €22 k €20,2 k €
Total assets26,4 k €27,5 k €25,2 k €
Cash6,7 k €12,7 k €15,3 k €
Debts207,9 €728,6 €249,7 €

Board of directors

Source · NBB, accounts to 31/12/2021

2 active · 3 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
State of Art International BVRepresented by Martijn Mateman
Directorsince 30/05/2020
STATE OF ART BELGIUM0466.554.261Represented by KRISTOF BAETEN
Director

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
State of Art Retail Belgium0831.990.180Represented by Kristof Baeten
Directorsince 30/05/2020
Kristof Baeten
Director26/04/2019 → 30/05/2020
Martijn Mateman
Director26/04/2019 → 30/05/2020

Full financial information

Source · NBB
202120202019
Type of accountAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202101/01/202026/04/2019
Closing of the financial year31/12/202131/12/202031/12/2019
Length of the financial year12 months12 months9 months
Filing date28/06/202214/06/202102/07/2020
General meeting30/05/202231/05/202130/05/2020
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 3 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202130/05/202228/06/2022DutchPDF
Abridged model31/12/202031/05/202114/06/2021DutchPDF
Abridged model31/12/201930/05/202002/07/2020DutchPDF

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 31/12/2021

2 active · 3 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
State of Art International BVRepresented by Martijn Mateman
Directorsince 30/05/2020
STATE OF ART BELGIUM0466.554.261Represented by KRISTOF BAETEN
Director

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
State of Art Retail Belgium0831.990.180Represented by Kristof Baeten
Directorsince 30/05/2020
Kristof Baeten
Director26/04/2019 → 30/05/2020
Martijn Mateman
Director26/04/2019 → 30/05/2020

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Dissolution03/03/2022
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring18/11/2021
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates07/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other30/04/2019
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

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Timeline

Source · CBE, NBB annual accounts
Year
Identity
Name
Registered office
Annual accounts
Filings3 filings
Mandates
State of Art Retail Belgium
State of Art International BV
Martijn Mateman
Kristof Baeten
20192020202120222023202420252026
STATE OF ART STORE BE FIFTEEN
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
NAPOLEONKAAI 7 bte 0.02, 2000 Antwerp
accounts 2021
Accounts 2021 · 2022-20129259

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
STATE OF ART STORE BE FIFTEEN
accounts 2019 → 2021
Accounts 2021 · 2022-20129259

Events

  1. 2021
    Annual accounts 2021320,7 €↓
  2. 2020
    Annual accounts 20201,8 k €↑
  3. 2019
    Annual accounts 2019190,2 €