OPENING OF BANKRUPTCY

WESLANDS FARM

Company — Opening of bankruptcy.

Financial year 2023 · Closed on 31/12/2023

Net result11,7 k €+449,5 %over 1 year
Gross margin15 k €+578,4 %over 1 year
Equity9,9 k €+659,7 %over 1 year

Identity

Source · BCE/KBO

WESLANDS FARM is a Private limited company incorporated in 2020. Its main activity is: Raising of horses and other equines. Its registered office is in Antwerpen.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0747.517.434
Incorporation
20/05/2020
Legal form
Private limited company
Registered office
Ledeganckkaai 15 box 301
2000 Antwerpen · FlandreSee on map
Contributed capital
5 000,00 €
Latest accounts
31/12/2023
Signals
ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 3 filings

Trend over 3 financial years

202320222021
Income statement
Gross margin15 k €-3,1 k €-1,5 k €
EBITDA14,5 k €-3,1 k €-1,5 k €
Operating result14,5 k €-3,1 k €-2,9 k €
Net result11,7 k €-3,3 k €-3,4 k €
Balance sheet
Equity9,9 k €-1,8 k €1,6 k €
Total assets88,7 k €79 k €59,6 k €
Cash13,4 k €202,7 €1,2 k €
Debts78,8 k €80,7 k €58 k €

Board of directors

Source · NBB, accounts to 31/12/2023

1 active

Active mandates

WESLEY NEWLANDS

Director

Active

Other companies at this address

Ledeganckkaai 15 2000 Antwerpen
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0470.934.604
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0476.883.375
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0776.409.972
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0447.987.867
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0502.658.651

Full financial information

Source · NBB
202320222021
Type of accountMicro modelMicro modelMicro model
Start of the financial year01/01/202301/01/202220/05/2020
Closing of the financial year31/12/202331/12/202231/12/2021
Length of the financial year12 months12 months20 months
Filing date22/10/202431/08/202331/08/2022
General meeting07/06/202402/06/202303/06/2022
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
Micro model31/12/202307/06/202422/10/2024DutchPDF
Micro model31/12/202202/06/202331/08/2023DutchPDF
Micro model31/12/202103/06/202231/08/2022DutchPDF

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 31/12/2023

1 active

Active mandates

WESLEY NEWLANDS

Director

Active

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other25/05/2020
    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. 2023
    Annual accounts 202311,7 k €↑
  2. 2022
    Annual accounts 2022-3,3 k €↑
  3. 2021
    Annual accounts 2021-3,4 k €
  4. 20/05/2020
    IncorporationPrivate limited company