OPENING OF BANKRUPTCY

EXOTHERA

Financial year 2023 · closed on 31/12/2023
Net result
-31,4 M €
-36.5% YoY
Revenue
10 M €
+39.5% YoY
Equity
4,6 M €
+22.2% YoY
Workforce
139,2 ETP
+4.4% YoY

Company — Opening of bankruptcy.

What does EXOTHERA do?

EXOTHERA is a Public limited company incorporated in 2020. Its main activity is: Manufacture of pharmaceutical preparations. Its registered office is in Charleroi. It employs on average 139,2 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0744.643.660
Incorporation
02/03/2020
Legal form
Public limited company
Registered office
Zoning de Jumet,avenue Centrale 52
6040 Charleroi · Wallonie
Contributed capital
10 253 941,46 €
Latest accounts
31/12/2023
Average workforce
139,2 ETP
Joint committees (2)
  • 116
  • 207
Signals
Healthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202320222021
Income statement
Revenue10 M €7,1 M €4,2 M €
EBITDA-25,6 M €-20 M €-10,3 M €
Operating result-30 M €-22,1 M €-10,9 M €
Net result-31,4 M €-23 M €-11,4 M €
Balance sheet
Equity4,6 M €3,8 M €2,8 M €
Total assets35,7 M €29,2 M €20,8 M €
Cash2,3 M €1,8 M €726,8 k €
Debts25,5 M €24,6 M €16,8 M €
Other
Workforce139,2 ETP133,3 ETP84,0 ETP
Governance

Board of directors

Seen on filing of 31/12/2023 · 9 active · 4 ended

Active mandates

ALERION

Director · since 01 janvier 2024 · until 31 décembre 2029 · 0809.766.886

Represented by David LOUVET

Active
VIVA FINANCE

Director · since 01 janvier 2024 · until 31 décembre 2029 · 0675.690.518

Represented by Vincent VANDERBORGHT

Active
ANTROBUS

Director · since 17 juin 2021 · until 17 juin 2027 · 0735.357.394

Represented by Sara Kate ANTROBUS

Active
BioPharma Management and Consulting

Director · since 21 septembre 2020 · until 29 septembre 2023 · 0664.691.906

Active
CAHN CONSULT

Director · since 21 septembre 2020 · until 31 décembre 2023 · 0884.085.417

Represented by Christel DEWITTE

Active
SAMANDA

Director · since 21 septembre 2020 · until 31 décembre 2023 · 0480.028.848

Represented by Christine DESTENAY

Active
TheClubDeal Capital Advisors

Director · since 21 septembre 2020 · until 31 décembre 2023 · 0647.570.713

Represented by Jean-Marc LEGRAND

Active
Hugues BULTOT

Managing director · since 02 mars 2020 · until 18 juin 2026

Active
José CASTILLO

Chairman of the board of directors · since 28 février 2020 · until 18 juin 2026

Active

Ended mandates

BioPharma Management and Consulting

Director · since 21 septembre 2020 · until 18 juin 2026 · 0664.691.906

Ended
CAHN CONSULT

Director · since 21 septembre 2020 · until 18 juin 2026 · 0884.085.417

Represented by Christel DEWITTE

Ended
SAMANDA

Director · since 21 septembre 2020 · until 18 juin 2026 · 0480.028.848

Represented by Christine DESTENAY

Ended
TheClubDeal Capital Advisors

Director · since 21 septembre 2020 · until 18 juin 2026 · 0647.570.713

Represented by Jean-Marc LEGRAND

Ended
At this address

Other companies at this address

CompanyCBE no.
UNIVERCELLSBankrupt
0502.742.288
UNIZIMABankrupt
0744.643.759
Annual accounts

Full financial information

2023202220212020
Type of accountFull modelFull modelFull modelFull model
Start of the financial year01/01/202301/01/202201/01/202128/02/2020
Closing of the financial year31/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months11 months
Filing date04/07/202411/07/202322/07/202218/06/2021
General meeting28/06/202430/06/202330/06/202217/06/2021
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202328/06/202404/07/2024FrenchPDF
Full model31/12/202230/06/202311/07/2023FrenchPDF
Full model31/12/202130/06/202222/07/2022FrenchPDF
Full model31/12/202017/06/202118/06/2021FrenchPDF
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 · 9 active · 4 ended

Active mandates

ALERION

Director · since 01 janvier 2024 · until 31 décembre 2029 · 0809.766.886

Represented by David LOUVET

Active
VIVA FINANCE

Director · since 01 janvier 2024 · until 31 décembre 2029 · 0675.690.518

Represented by Vincent VANDERBORGHT

Active
ANTROBUS

Director · since 17 juin 2021 · until 17 juin 2027 · 0735.357.394

Represented by Sara Kate ANTROBUS

Active
BioPharma Management and Consulting

Director · since 21 septembre 2020 · until 29 septembre 2023 · 0664.691.906

Active
CAHN CONSULT

Director · since 21 septembre 2020 · until 31 décembre 2023 · 0884.085.417

Represented by Christel DEWITTE

Active
SAMANDA

Director · since 21 septembre 2020 · until 31 décembre 2023 · 0480.028.848

Represented by Christine DESTENAY

Active
TheClubDeal Capital Advisors

Director · since 21 septembre 2020 · until 31 décembre 2023 · 0647.570.713

Represented by Jean-Marc LEGRAND

Active
Hugues BULTOT

Managing director · since 02 mars 2020 · until 18 juin 2026

Active
José CASTILLO

Chairman of the board of directors · since 28 février 2020 · until 18 juin 2026

Active

Ended mandates

BioPharma Management and Consulting

Director · since 21 septembre 2020 · until 18 juin 2026 · 0664.691.906

Ended
CAHN CONSULT

Director · since 21 septembre 2020 · until 18 juin 2026 · 0884.085.417

Represented by Christel DEWITTE

Ended
SAMANDA

Director · since 21 septembre 2020 · until 18 juin 2026 · 0480.028.848

Represented by Christine DESTENAY

Ended
TheClubDeal Capital Advisors

Director · since 21 septembre 2020 · until 18 juin 2026 · 0647.570.713

Represented by Jean-Marc LEGRAND

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares27/01/2025
    CAPITAL, ACTIONS
    PDF
  • Mandates19/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates22/02/2024
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/09/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares12/09/2023
    CAPITAL, ACTIONS
    PDF
  • Capital / shares22/11/2022
    CAPITAL, ACTIONS
    PDF
  • Capital / shares15/12/2021
    CAPITAL, ACTIONS
    PDF
  • Mandates11/08/2021
    DEMISSIONS, NOMINATIONS
    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 2023-31,4 M €
  2. 2022
    Annual accounts 2022-23 M €
  3. 2021
    Annual accounts 2021-11,4 M €
  4. 02/03/2020
    IncorporationPublic limited company