OPENING OF BANKRUPTCY

KIT III

Financial year 2021 · closed on 31/12/2021
Net result
-9 k €
+89.1% YoY
Gross margin
31 k €
+179.4% YoY
Equity
-242,3 k €
-3.9% YoY

Company — Opening of bankruptcy.

What does KIT III do?

KIT III is a Private company with limited liability incorporated in 2008. Its main activity is: Retail sale of other household equipment in specialised stores. Its registered office is in Gent.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0807.265.474
Incorporation
21/10/2008
Legal form
Private company with limited liability
Registered office
Acaciastraat 5 box /101
9000 Gent · FlandreSee on map
Contributed capital
18 550,00 €
Latest accounts
31/12/2021
Signals
Healthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202120202019201820172016201520142013201220112010
Income statement
Gross margin31 k €-39 k €107,2 k €80,9 k €83,7 k €59 k €76,7 k €22,2 k €-18 k €8,6 k €-30,4 k €-17,7 k €
EBITDA-6,7 k €-75,9 k €15,7 k €20,1 k €40 k €20,8 k €21,2 k €-15,6 k €-56,9 k €-29,6 k €-60,7 k €-25,6 k €
Operating result-7,5 k €-80,9 k €15,3 k €14,1 k €34,3 k €20,8 k €21,2 k €-18 k €-59,3 k €-32 k €-63,1 k €-28 k €
Net result-9 k €-82,7 k €14,5 k €13,1 k €33,7 k €20,4 k €20,1 k €-20,7 k €-63 k €-35,5 k €-63,4 k €-28 k €
Balance sheet
Equity-242,3 k €-233,3 k €-150,6 k €-165,1 k €-178,2 k €-211,8 k €-232,2 k €-252,3 k €-231,6 k €-168,5 k €-133 k €-69,6 k €
Total assets138,5 k €148,2 k €308,4 k €242 k €223,4 k €145 k €111,9 k €143,9 k €111,7 k €125,4 k €115,2 k €87,7 k €
Cash46,2 k €26,2 k €29,6 k €30,5 k €85,6 k €32 k €15,9 k €20,8 k €13,3 k €15,2 k €15,3 k €23,9 k €
Debts380,9 k €381,5 k €458,9 k €407,1 k €401,6 k €356,9 k €344,1 k €396,2 k €343,2 k €294 k €248,2 k €157,3 k €
Other
Workforce0,2 ETP
Governance

Board of directors

Seen on filing of 31/12/2010 · 1 active

Active mandates

Ibrahim Baydu

Administrator - manager

Active
At this address

Other companies at this address

CompanyCBE no.
ANGELOV TEAMActive
1026.976.909
Annual accounts

Full financial information

202120202019201820172016
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelAbridged model
Start of the financial year01/01/202101/01/202001/01/201901/01/201801/01/201701/01/2016
Closing of the financial year31/12/202131/12/202031/12/201931/12/201831/12/201731/12/2016
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date06/04/202320/02/202320/02/202321/07/202019/07/201905/12/2017
General meeting30/03/202328/05/202129/05/202031/05/201925/05/201826/05/2017
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202130/03/202306/04/2023DutchPDF
Micro model31/12/202028/05/202120/02/2023DutchPDF
Micro model31/12/201929/05/202020/02/2023DutchPDF
Micro model31/12/201831/05/201921/07/2020DutchPDF
Micro model31/12/201725/05/201819/07/2019DutchPDF
Abridged model31/12/201626/05/201705/12/2017DutchPDF
Abridged model31/12/201527/05/201603/07/2017DutchPDF
Abridged model31/12/201429/05/201503/07/2017DutchPDF
Abridged model31/12/201330/05/201403/07/2017DutchPDF
Abridged model31/12/201231/05/201316/09/2014DutchPDF
Abridged model31/12/201125/05/201216/09/2014DutchPDF
Abridged model31/12/201027/05/201120/02/2012DutchPDF
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 31/12/2010 · 1 active

Active mandates

Ibrahim Baydu

Administrator - manager

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. 2021
    Annual accounts 2021-9 k €
  2. 2020
    Annual accounts 2020-82,7 k €
  3. 2019
    Annual accounts 201914,5 k €
  4. 2018
    Annual accounts 201813,1 k €
  5. 2017
    Annual accounts 201733,7 k €
  6. 2016
    Annual accounts 201620,4 k €
  7. 2015
    Annual accounts 201520,1 k €
  8. 2014
    Annual accounts 2014-20,7 k €
  9. 2013
    Annual accounts 2013-63 k €
  10. 2012
    Annual accounts 2012-35,5 k €
  11. 2011
    Annual accounts 2011-63,4 k €
  12. 2010
    Annual accounts 2010-28 k €
  13. 21/10/2008
    IncorporationPrivate company with limited liability