OPENING OF BANKRUPTCY

DM LANGUAGE CENTER

Financial year 2021 · closed on 31/12/2021
Net result
-6 k €
+43.9% YoY
Revenue
3,4 k €
Equity
53,5 k €
-19.9% YoY

Company — Opening of bankruptcy.

What does DM LANGUAGE CENTER do?

DM LANGUAGE CENTER is a Private company with limited liability incorporated in 2009. Its main activity is: Translation and interpretation activities. Its registered office is in Waterloo.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0809.462.228
Incorporation
27/01/2009
Legal form
Private company with limited liability
Registered office
Avenue de l'Abbaye de Forest 17
1410 Waterloo · WallonieSee on map
Contributed capital
6 300,00 €
Latest accounts
31/12/2021
Signals
Solid equityGood liquidity
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20212019201720162015201420132012201120102009
Income statement
Revenue3,4 k €62,1 k €64 k €
EBITDA-4,6 k €-12,2 k €28,4 k €29,8 k €32,7 k €15,3 k €8,3 k €11,6 k €2,3 k €9,2 k €8 k €
Operating result-5,1 k €-12,5 k €28,1 k €29,5 k €31,5 k €13,8 k €5,8 k €9,2 k €-647 €7,8 k €5,6 k €
Net result-6 k €-10,6 k €-7,5 k €31 k €33,4 k €12,5 k €5,8 k €6,8 k €-765 €7,6 k €5,5 k €
Balance sheet
Equity53,5 k €66,8 k €76,6 k €84,1 k €53,1 k €43,7 k €31,3 k €25,4 k €18,6 k €19,4 k €11,8 k €
Total assets56,4 k €96,2 k €109,9 k €97,8 k €92 k €56,9 k €40,8 k €39,3 k €26,1 k €35,1 k €22 k €
Cash395,8 €1,2 k €125 €671 €424,7 €2,2 k €100,1 €1,3 k €2,3 k €2 k €2,2 k €
Debts2,8 k €29,4 k €33 k €13,8 k €38,9 k €13,1 k €9,5 k €13,9 k €7,5 k €15,7 k €10,3 k €
Governance

Board of directors

Seen on filing of 31/12/2021 · 1 active · 5 ended

Active mandates

DONKA GEORGIEV

Mandate

Active

Ended mandates

Donka Georgiev

Manager · since 01 avril 2013

Ended
DONKA GEORGIEV

Administrator - manager · since 01 avril 2013

Ended
Donka Georgiev

Manager · since 31 mars 2013

Ended
Michael Bihay

Manager · since 27 janvier 2009

Ended
Annual accounts

Full financial information

202120192017201620152014
Type of accountMicro modelMicro modelMicro modelMicro modelAbridged modelAbridged model
Start of the financial year01/01/202101/01/201901/01/201701/01/201601/01/201501/01/2014
Closing of the financial year31/12/202131/12/201931/12/201731/12/201631/12/201531/12/2014
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date08/10/202330/11/202029/08/201831/08/201702/02/201729/09/2015
General meeting30/06/202215/06/202030/06/201830/06/201714/06/201615/06/2015
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202130/06/202208/10/2023FrenchPDF
Micro model31/12/201915/06/202030/11/2020FrenchPDF
Micro model31/12/201730/06/201829/08/2018FrenchPDF
Micro model31/12/201630/06/201731/08/2017FrenchPDF
Abridged model31/12/201514/06/201602/02/2017FrenchPDF
Abridged model31/12/201415/06/201529/09/2015FrenchPDF
Abridged model31/12/201314/06/201416/06/2014FrenchPDF
Abridged model31/12/201214/06/201327/06/2013FrenchPDF
Abridged model31/12/201114/06/201227/03/2013FrenchPDF
Abridged model31/12/201014/06/201127/03/2013FrenchPDF
Abridged model31/12/200914/06/201023/05/2011FrenchPDF
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 31/12/2021 · 1 active · 5 ended

Active mandates

DONKA GEORGIEV

Mandate

Active

Ended mandates

Donka Georgiev

Manager · since 01 avril 2013

Ended
DONKA GEORGIEV

Administrator - manager · since 01 avril 2013

Ended
Donka Georgiev

Manager · since 31 mars 2013

Ended
Michael Bihay

Manager · since 27 janvier 2009

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/04/2013
    DEMISSIONS, NOMINATIONS
    PDF
  • Other10/02/2009
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Source: Belgian Official Gazette

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 2021-6 k €
  2. 2019
    Annual accounts 2019-10,6 k €
  3. 2017
    Annual accounts 2017-7,5 k €
  4. 2016
    Annual accounts 201631 k €
  5. 2015
    Annual accounts 201533,4 k €
  6. 2014
    Annual accounts 201412,5 k €
  7. 2013
    Annual accounts 20135,8 k €
  8. 2012
    Annual accounts 20126,8 k €
  9. 2011
    Annual accounts 2011-765 €
  10. 2010
    Annual accounts 20107,6 k €
  11. 2009
    Annual accounts 20095,5 k €
  12. 27/01/2009
    IncorporationPrivate company with limited liability