OPENING OF BANKRUPTCY

Engineering Steel Belgium

Company — Opening of bankruptcy.

Financial year 2013 · Closed on 31/12/2013

Net result
-17,2 M €
-74,2 %over 1 year
Revenue
82,2 M €
-30,1 %over 1 year
Equity
13,1 M €
-31,3 %over 1 year
Workforce
122,4 ETP
+5,4 %over 1 year

Identity

Source · BCE/KBO

Engineering Steel Belgium is a Private company with limited liability incorporated in 2008. Its main activity is: Casting of steel. Its registered office is in Seraing. It employs on average 122,4 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0808.257.646
Incorporation
08/12/2008
Legal form
Private company with limited liability
Registered office
Rue de l'Environnement 8
4100 Seraing · Wallonie
Latest accounts
31/12/2013
Average workforce
122,4 ETP
Joint committees (2)
  • 104
  • 210
Signals
Healthy social debtsHigh revenue

Financials

Source · NBB, 6 filings

Trend over 3 financial years

201320112010
Income statement
Revenue82,2 M €117,7 M €95,3 M €
EBITDA-5,6 M €-2 M €-3,8 M €
Operating result-14,8 M €-8,7 M €-11,5 M €
Net result-17,2 M €-9,9 M €-12,3 M €
Balance sheet
Equity13,1 M €19 M €28,9 M €
Total assets70,5 M €70,9 M €68,2 M €
Cash304,1 k €758,9 k €8 M €
Debts55,8 M €50,1 M €34,7 M €
Other
Workforce122,4 ETP116,1 ETP112,0 ETP

Board of directors

Source · NBB, accounts to 31/12/2013

3 active · 3 ended

Active mandates

RALF VON DER HEIDEN

Manager · since 01 janvier 2013

Active
DIDIER TROISFONTAINES

Manager · since 01 janvier 2011

Active
VOLKER Dr. SCHWICH

Manager · since 01 octobre 2010 · until 11 mars 2013

Active

Ended mandates

VOLKER Dr. SCHWICH

Manager · since 01 octobre 2010

Ended
FRANK KOCH

Manager · since 23 juin 2009 · until 30 septembre 2010

Ended
URBAIN ROGGEN

Manager · since 26 janvier 2009 · until 31 décembre 2010

Ended

Full financial information

Source · NBB
20132012201120102009
Type of accountFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/201301/01/201201/01/201101/01/201005/12/2008
Closing of the financial year31/12/201331/12/201231/12/201131/12/201031/12/2009
Length of the financial year12 months12 months12 months12 months13 months
Filing date15/04/201423/04/201326/04/201228/12/201105/05/2010
General meeting07/04/201412/04/201302/04/201204/04/201106/04/2010
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 6 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/201307/04/201415/04/2014FrenchPDF
Full model31/12/201212/04/201323/04/2013FrenchPDF
Full model31/12/201102/04/201226/04/2012FrenchPDF
Full modelCorrection31/12/201004/04/201128/12/2011FrenchPDF
Full model31/12/201004/04/201128/04/2011FrenchPDF
Full model31/12/200906/04/201005/05/2010FrenchPDF

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 31/12/2013

3 active · 3 ended

Active mandates

RALF VON DER HEIDEN

Manager · since 01 janvier 2013

Active
DIDIER TROISFONTAINES

Manager · since 01 janvier 2011

Active
VOLKER Dr. SCHWICH

Manager · since 01 octobre 2010 · until 11 mars 2013

Active

Ended mandates

VOLKER Dr. SCHWICH

Manager · since 01 octobre 2010

Ended
FRANK KOCH

Manager · since 23 juin 2009 · until 30 septembre 2010

Ended
URBAIN ROGGEN

Manager · since 26 janvier 2009 · until 31 décembre 2010

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates04/12/2015
    DEMISSIONS, NOMINATIONS - DIVERS
    PDF
  • Mandates08/07/2015
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/02/2015
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares20/11/2014
    OBJET - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates15/10/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares14/08/2014
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Capital / shares14/07/2014
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Capital / shares26/02/2014
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF

Similar companies

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

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Timeline

  1. 2013
    Annual accounts 2013-17,2 M €↓
  2. 2011
    Annual accounts 2011-9,9 M €↑
  3. 2010
    Annual accounts 2010-12,3 M €
  4. 08/12/2008
    IncorporationPrivate company with limited liability