OPENING OF BANKRUPTCY

Switch Holding

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Financial year 2021 · closed on 31/12/2021
Net result
-26,6 k €
-104.0% YoY
Revenue
82 M €
+33.9% YoY
Equity
745,2 k €
-3.4% YoY
Workforce
179,0 ETP
-10.0% YoY

Company — Opening of bankruptcy.

What does Switch Holding do?

Switch Holding is a Public limited company incorporated in 2020. Its registered office is in Bruxelles. It employs on average 179,0 ETP workers (FTE).

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0745.681.461
Incorporation
27/03/2020
Legal form
Public limited company
Registered office
Square de Meeûs 35
1000 Bruxelles · BruxellesSee on map
Contributed capital
100 000,00 €
Latest accounts
31/12/2021
Average workforce
179,0 ETP
Joint committees (1)
  • 311
Signals
Positive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 2 financial years

20212020
Income statement
Revenue82 M €61,3 M €
EBITDA1,5 M €2 M €
Operating result314,2 k €1,3 M €
Net result-26,6 k €671,8 k €
Balance sheet
Equity745,2 k €771,8 k €
Total assets18,4 M €10,8 M €
Cash2,3 M €1,6 M €
Debts17,7 M €10 M €
Other
Workforce179,0 ETP198,8 ETP
Governance

Board of directors

Seen on filing of 31/12/2021 · 2 active · 1 ended

Active mandates

ANTOINE BALDINI

Director · since 03 mai 2021

Active
SFK GROUP SARL

Director · since 27 mars 2020

Represented by Kilani FIGAIER

Active

Ended mandates

SFK GROUP SARL

Director · since 27 mars 2020 · 0699.629.326

Represented by Kilani Fegaier

Ended
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Annual accounts

Full financial information

20212020
Type of accountFull modelFull model
Start of the financial year01/01/202127/03/2020
Closing of the financial year31/12/202131/12/2020
Length of the financial year12 months10 months
Filing date03/08/202220/07/2021
General meeting29/07/202230/06/2021
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

2 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202129/07/202203/08/2022FrenchPDF
Full model31/12/202030/06/202120/07/2021FrenchPDF
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 31/12/2021 · 2 active · 1 ended

Active mandates

ANTOINE BALDINI

Director · since 03 mai 2021

Active
SFK GROUP SARL

Director · since 27 mars 2020

Represented by Kilani FIGAIER

Active

Ended mandates

SFK GROUP SARL

Director · since 27 mars 2020 · 0699.629.326

Represented by Kilani Fegaier

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares30/06/2021
    CAPITAL, ACTIONS
    PDF
  • Mandates18/05/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/05/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Other31/03/2020
    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. 2021
    Annual accounts 2021-26,6 k €↓
  2. 2020
    Annual accounts 2020671,8 k €
  3. 27/03/2020
    IncorporationPublic limited company