OPENING OF BANKRUPTCY

Settle Projects

Financial year 2023 · closed on 31/12/2023
Net result
68,0 k €
-80.5% YoY
Gross margin
274,3 k €
-47.5% YoY
Equity
436,7 k €
+18.4% YoY
Workforce
3,1 ETP
+138.5% YoY

Company — Opening of bankruptcy.

What does Settle Projects do?

Settle Projects is a Private limited company incorporated in 2021. Its main activity is: Management consultancy activities. Its registered office is in Aalter. It employs on average 3,1 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0769.938.686
Incorporation
22/06/2021
Legal form
Private limited company
Registered office
Beukenpark 105 box A
9880 Aalter · FlandreSee on map
Contributed capital
5 000,00 €
Latest accounts
31/12/2023
Average workforce
3,1 ETP
Joint committees (1)
  • 2000
Contacts
2 public details availableLog in to view
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202320222021
Income statement
Gross margin274,3 k €522,7 k €21,5 k €
EBITDA93,1 k €451,2 k €21,5 k €
Operating result76,5 k €444,3 k €20,4 k €
Net result68,0 k €348,2 k €15,5 k €
Balance sheet
Equity436,7 k €368,7 k €20,5 k €
Total assets2,1 M €1,7 M €63,6 k €
Cash2,5 k €3,2 k €5,5 k €
Debts1,7 M €1,3 M €43,0 k €
Other
Workforce3,1 ETP1,3 ETP
Governance

Board of directors

Seen on filing of 31/12/2023 · 2 active · 1 ended

Active mandates

KWIT

Director · since 02 mai 2023 · 0797.491.438

Represented by Stephan VERBEKE

Active
Stephan Verbeke

Director · since 18 janvier 2021 · until 02 mai 2023

Active

Ended mandates

Stephan Verbeke

Director · since 22 juin 2021

Ended
At this address

Other companies at this address

CompanyCBE no.
KWITBankrupt
0797.491.438
Annual accounts

Full financial information

202320222021
Type of accountAbridged modelAbridged modelMicro model
Start of the financial year01/01/202301/01/202222/06/2021
Closing of the financial year31/12/202331/12/202231/12/2021
Length of the financial year12 months12 months7 months
Filing date29/08/202403/07/202318/10/2022
General meeting27/08/202430/06/202311/10/2022
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202327/08/202429/08/2024DutchPDF
Abridged model31/12/202230/06/202303/07/2023DutchPDF
Micro model31/12/202111/10/202218/10/2022DutchPDF
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 · 2 active · 1 ended

Active mandates

KWIT

Director · since 02 mai 2023 · 0797.491.438

Represented by Stephan VERBEKE

Active
Stephan Verbeke

Director · since 18 janvier 2021 · until 02 mai 2023

Active

Ended mandates

Stephan Verbeke

Director · since 22 juin 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office25/02/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates23/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office28/03/2022
    BENAMING - MAATSCHAPPELIJKE ZETEL
    PDF
  • Other24/06/2021
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 202368,0 k €
  2. 2022
    Annual accounts 2022348,2 k €
  3. 2021
    Annual accounts 202115,5 k €
  4. 22/06/2021
    IncorporationPrivate limited company