NORMAL SITUATION

State of Art Store BE twelve

Company — Normal situation.

Financial year 2021 · Closed on 31/12/2021

Net result1,3 k €+23,4 %over 1 year
Gross margin77,6 k €+18,2 %over 1 year
Equity22,5 k €+6,2 %over 1 year
Workforce2,4 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

State of Art Store BE twelve is a company registered in Belgium. It employs on average 2,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0725.773.695
Legal form
Private company with limited liability
Contributed capital
20 000,00 €
Latest accounts
31/12/2021
Average workforce
2,4 ETP
Joint committees (1)
  • 201
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 3 filings

Trend over 3 financial years

202120202019
Income statement
Gross margin77,6 k €65,7 k €10,5 k €
EBITDA3,7 k €4,4 k €855 €
Operating result3,7 k €4,4 k €855 €
Net result1,3 k €1,1 k €110,6 €
Balance sheet
Equity22,5 k €21,2 k €20,1 k €
Total assets77,4 k €191,2 k €139,7 k €
Cash52,7 k €29,6 k €45,2 k €
Debts49,9 k €165,2 k €114,9 k €
Other
Workforce2,4 ETP2,4 ETP1,8 ETP

Board of directors

Source · NBB, accounts to 31/12/2021

2 active · 8 ended

Active mandates

STATE OF ART BELGIUM

Director · 0466.554.261

Represented by KRISTOF BAETEN

Active
STATE OF ART INTERNATIONAL BV

Director

Represented by MARTIJN MATEMAN

Active

Ended mandates

State of Art International BV

Director · since 30 mai 2020

Represented by Martijn Mateman

Ended
State of Art Retail Belgium

Director · since 30 mai 2020 · 0831.990.180

Represented by Kristof Baeten

Ended
Kristof Baeten

Director · since 26 avril 2019 · until 30 mai 2020

Ended
KRISTOF BAETEN

Director · since 26 avril 2019

Ended

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

Looking for more information about this company?

Try for free

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.

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.

Board of directors

Source · NBB, accounts to 31/12/2021

2 active · 8 ended

Active mandates

STATE OF ART BELGIUM

Director · 0466.554.261

Represented by KRISTOF BAETEN

Active
STATE OF ART INTERNATIONAL BV

Director

Represented by MARTIJN MATEMAN

Active

Ended mandates

State of Art International BV

Director · since 30 mai 2020

Represented by Martijn Mateman

Ended
State of Art Retail Belgium

Director · since 30 mai 2020 · 0831.990.180

Represented by Kristof Baeten

Ended
Kristof Baeten

Director · since 26 avril 2019 · until 30 mai 2020

Ended
KRISTOF BAETEN

Director · since 26 avril 2019

Ended

Ownership and network

Looking for more information about this company?

Try for free

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.

See the Business plan

Timeline

  1. 2021
    Annual accounts 20211,3 k €↑
  2. 2020
    Annual accounts 20201,1 k €↑
  3. 2019
    Annual accounts 2019110,6 €