EUROPEAN SPINNING GROUP
0807.539.747 · rovalta.com · 26/09/2026
NORMAL SITUATION
EUROPEAN SPINNING GROUP
Company — Normal situation.
Financial year 2022 · Closed on 31/12/2022
Net result22,5 k €-48,9 %over 1 year
Revenue529 k €-3,5 %over 1 year
Equity13 M €+0,2 %over 1 year
Workforce2,0 ETP-13,0 %over 1 year
Overview
Identity
Source · BCE/KBOEUROPEAN SPINNING GROUP is a company registered in Belgium. It employs on average 2,0 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0807.539.747
- Legal form
- Public limited company
- Contributed capital
- 14 700 000,00 €
- Latest accounts
- 31/12/2022
- Average workforce
- 2,0 ETP
Joint committees (2)
- 214
- 214.00
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 15 filingsTrend over 15 financial years
| 2022 | 2021 | 2020 | 2019 | 2018 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 529 k € | -3.5% | 548,4 k € | -21.4% | 697,3 k € | -4.8% | 732,7 k € | +2.0% | 718,3 k € |
| EBITDA | 53,6 k € | -42.9% | 93,9 k € | -22.5% | 121,2 k € | -22.8% | 157 k € | -1.7% | 159,6 k € |
| Operating result | 21,9 k € | -64.8% | 62,2 k € | -42.3% | 107,9 k € | -31.3% | 157 k € | -1.7% | 159,6 k € |
| Net result | 22,5 k € | -48.9% | 44,1 k € | -48.9% | 86,2 k € | -22.8% | 111,6 k € | -5.2% | 117,8 k € |
| Balance sheet | |||||||||
| Equity | 13 M € | +0.2% | 12,9 M € | +0.3% | 12,9 M € | +0.7% | 12,8 M € | +0.9% | 12,7 M € |
| Total assets | 13,2 M € | +0.2% | 13,2 M € | -0.7% | 13,3 M € | +2.1% | 13 M € | +1.3% | 12,8 M € |
| Cash | 359,6 k € | +73.6% | 207,2 k € | -55.7% | 467,3 k € | -62.7% | 1,3 M € | +15.4% | 1,1 M € |
| Debts | 228,8 k € | -0.6% | 230,1 k € | -38.3% | 373,1 k € | +99.0% | 187,5 k € | +42.8% | 131,3 k € |
| Other | |||||||||
| Workforce | 2,0 ETP | -13.0% | 2,3 ETP | -23.3% | 3,0 ETP | 0.0% | 3,0 ETP | 0.0% | 3,0 ETP |
Board of directors
Source · NBB, accounts to 31/12/20224 active · 31 ended
Active mandates
Financials
Full financial information
Source · NBB| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 | 01/01/2018 | 01/01/2017 |
| Closing of the financial year | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 | 31/12/2018 | 31/12/2017 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 22/06/2023 | 20/06/2022 | 14/06/2021 | 11/09/2020 | 21/05/2019 | 05/06/2018 |
| General meeting | 26/05/2023 | 20/05/2022 | 21/05/2021 | 28/08/2020 | 20/05/2019 | 22/05/2018 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 15 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2022 | 26/05/2023 | 22/06/2023 | Dutch | |
| Full model | 31/12/2021 | 20/05/2022 | 20/06/2022 | Dutch | |
| Full model | 31/12/2020 | 21/05/2021 | 14/06/2021 | Dutch | |
| Full model | 31/12/2019 | 28/08/2020 | 11/09/2020 | Dutch | |
| Full model | 31/12/2018 | 20/05/2019 | 21/05/2019 | Dutch | |
| Full model | 31/12/2017 | 22/05/2018 | 05/06/2018 | Dutch | |
| Abridged model | 31/12/2016 | 20/05/2017 | 06/06/2017 | Dutch | |
| Abridged model | 31/12/2015 | 20/05/2016 | 08/06/2016 | Dutch | |
| Abridged model | 31/12/2014 | 20/05/2015 | 12/06/2015 | Dutch | |
| Abridged model | 31/12/2013 | 20/05/2014 | 18/06/2014 | Dutch | |
| Abridged model | 31/12/2012 | 07/06/2013 | 27/06/2013 | Dutch | |
| Abridged model | 31/12/2011 | 08/06/2012 | 18/06/2012 | Dutch | |
| Abridged model | 31/12/2010 | 10/06/2011 | 07/07/2011 | Dutch | |
| Abridged model | 31/12/2009 | 11/06/2010 | 07/07/2010 | Dutch | |
| Abridged model | 31/12/2008 | 12/06/2009 | 24/08/2009 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20224 active · 31 ended
Active mandates
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Dissolution29/08/2023RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring02/06/2023RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Registered office01/02/2023MAATSCHAPPELIJKE ZETEL
- Mandates19/07/2022ONTSLAGEN - BENOEMINGEN
- Mandates07/06/2021ONTSLAGEN - BENOEMINGEN
- Mandates28/09/2020ONTSLAGEN - BENOEMINGEN
- Mandates17/03/2020ONTSLAGEN - BENOEMINGEN
- Mandates26/06/2018ONTSLAGEN - BENOEMINGEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2022Annual accounts 202222,5 k €↓
- 2021Annual accounts 202144,1 k €↓
- 2020Annual accounts 202086,2 k €↓
- 2019Annual accounts 2019111,6 k €↓
- 2018Annual accounts 2018117,8 k €↓
- 2017Annual accounts 2017129 k €↓
- 2016Annual accounts 2016436,1 k €↑
- 2015Annual accounts 2015374,2 k €↑
- 2014Annual accounts 2014139,9 k €↑
- 2013Annual accounts 201336,3 k €↓
- 2012Annual accounts 2012670,8 k €↑
- 2011Annual accounts 2011111,3 k €↑
- 2010Annual accounts 2010-6,2 M €↓
- 2009Annual accounts 20092,2 M €↑
- 2008Annual accounts 2008-1,4 k €