OPENING OF BANKRUPTCY

BelGaN Group

Company — Opening of bankruptcy.

Financial year 2023 · Closed on 31/12/2023

Net result-45,8 M €-37 260,2 %over 1 year
Revenue112,9 k €-81,7 %over 1 year
Equity-4,3 M €-110,6 %over 1 year
Workforce1,5 ETP

Identity

Source · BCE/KBO

BelGaN Group is a Private limited company incorporated in 2021. Its main activity is: Activities of holding companies. Its registered office is in Oudenaarde. It employs on average 1,5 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0775.309.320
Incorporation
05/10/2021
Legal form
Private limited company
Registered office
Westerring 15
9700 Oudenaarde · FlandreSee on map
Contributed capital
41 581 960,22 €
Latest accounts
31/12/2023
Average workforce
1,5 ETP
Joint committees (1)
  • 200

Financials

Source · NBB, 3 filings

Trend over 2 financial years

20232022
Income statement
Revenue112,9 k €616,3 k €
EBITDA-692,6 k €-687,1 k €
Operating result-818,8 k €-794 k €
Net result-45,8 M €-122,6 k €
Balance sheet
Equity-4,3 M €40,9 M €
Total assets780 k €41,7 M €
Cash289,6 k €2,5 M €
Debts5,1 M €739,1 k €
Other
Workforce1,5 ETP–

Board of directors

Source · NBB, accounts to 31/12/2023

5 active

Active mandates

Romain Ming-Tchu Buchs

Director · since 28 novembre 2023 · until 15 mai 2028

Active
Youjun Bu

Director · since 28 novembre 2023 · until 15 mai 2028

Active
Matthew Lim Yew Chuang

Director · since 08 février 2022

Active
Robert James Rickman

Director · since 05 octobre 2021

Active
Zhou Zhen Hong

Director · since 05 octobre 2021

Active

Other companies at this address

Westerring 15 9700 Oudenaarde
CompanyCBE no.
BelGaN● Bankrupt
0477.511.994
BelGaN Leasing● Bankrupt
0477.822.196
BELLASER● Active
1021.254.206
Incir● Liquidation
0421.056.313
Thema Foundries● Active
1026.517.346

Full financial information

Source · NBB
20232022
Type of accountFull modelFull model
Start of the financial year01/01/202305/10/2021
Closing of the financial year31/12/202331/12/2022
Length of the financial year12 months15 months
Filing date23/10/202431/08/2023
General meeting22/10/202424/07/2023
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 3 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202322/10/202423/10/2024DutchPDF
Full model31/12/202224/07/202331/08/2023DutchPDF
Consolidated accounts31/12/202224/07/202331/08/2023DutchPDF

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

5 active

Active mandates

Romain Ming-Tchu Buchs

Director · since 28 novembre 2023 · until 15 mai 2028

Active
Youjun Bu

Director · since 28 novembre 2023 · until 15 mai 2028

Active
Matthew Lim Yew Chuang

Director · since 08 février 2022

Active
Robert James Rickman

Director · since 05 octobre 2021

Active
Zhou Zhen Hong

Director · since 05 octobre 2021

Active

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates22/01/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office01/03/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other23/12/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other24/05/2022
    DIVERSEN
    PDF
  • Capital / shares10/03/2022
    KAPITAAL - AANDELEN
    PDF
  • Mandates14/02/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other31/12/2021
    DIVERSEN
    PDF
  • Other07/10/2021
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

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A company's peers, by sector and size, are included in the Business plan.

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Timeline

  1. 2023
    Annual accounts 2023-45,8 M €↓
  2. 2022
    Annual accounts 2022-122,6 k €
  3. 05/10/2021
    IncorporationPrivate limited company