OPENING OF BANKRUPTCY

Chains & Wheels

Financial year 2024 · closed on 31/12/2024
Net result
-63,2 k €
-264.4% YoY
Gross margin
-31,3 k €
-146.6% YoY
Equity
-23,8 k €
-160.2% YoY
Workforce
0,4 ETP

Company — Opening of bankruptcy.

What does Chains & Wheels do?

Chains & Wheels is a Private limited company incorporated in 2022. Its main activity is: Retail sale of music and video recordings in specialised stores. Its registered office is in Lievegem. It employs on average 0,4 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0790.474.576
Incorporation
06/09/2022
Legal form
Private limited company
Registered office
Markt 13
9930 Lievegem · FlandreSee on map
Contributed capital
1 000,00 €
Latest accounts
31/12/2024
Average workforce
0,4 ETP
Joint committees (1)
  • 149
Signals
Healthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 2 financial years

20242023
Income statement
Gross margin-31,3 k €67,3 k €
EBITDA-46,8 k €65,9 k €
Operating result-52,4 k €61,4 k €
Net result-63,2 k €38,4 k €
Balance sheet
Equity-23,8 k €39,4 k €
Total assets196,6 k €186,9 k €
Cash12,9 k €11,5 k €
Debts220,4 k €146,9 k €
Other
Workforce0,4 ETP0,0 ETP
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active

Active mandates

Bart Thienpond

Director · since 06 septembre 2022

Active
Annual accounts

Full financial information

20242023
Type of accountAbridged modelAbridged model
Start of the financial year01/01/202401/09/2022
Closing of the financial year31/12/202431/12/2023
Length of the financial year12 months16 months
Filing date31/07/202531/10/2024
General meeting30/06/202530/06/2024
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
Abridged model31/12/202430/06/202531/07/2025DutchPDF
Abridged model31/12/202330/06/202431/10/2024DutchPDF
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.

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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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active

Active mandates

Bart Thienpond

Director · since 06 septembre 2022

Active
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024-63,2 k €
  2. 2023
    Annual accounts 202338,4 k €
  3. 06/09/2022
    IncorporationPrivate limited company