OPENING OF BANKRUPTCY

Brussels Art Auctions

Company — Opening of bankruptcy.

Financial year 2022 · Closed on 31/12/2022

Equity168,1 k €-48,6 %over 1 year

Identity

Source · BCE/KBO

Brussels Art Auctions is a Public limited company incorporated in 2009. Its main activity is: Retail sale of second-hand goods in stores. Its registered office is in Bruxelles.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0812.001.054
Incorporation
29/05/2009
Legal form
Public limited company
Registered office
Rue Ernest Allard 7-9
1000 Bruxelles · BruxellesSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2022
Joint committees (1)
  • 218
Contacts
1 public detail availableLog in to view
Signals
Solid equityGood liquidity

Financials

Source · NBB, 12 filings

Trend over 12 financial years

20222020201920182017
Income statement
Gross margin–50,3 k €109,9 k €41,9 k €88,3 k €
EBITDA–5,4 k €42 k €-19,5 k €24,5 k €
Operating result–2,7 k €36,3 k €-24,1 k €9,6 k €
Net result–2,2 k €27,8 k €-32,1 k €5,3 k €
Balance sheet
Equity168,1 k €327,3 k €325,2 k €297,3 k €329,4 k €
Total assets346,5 k €784,4 k €378,1 k €541,2 k €593,1 k €
Cash177,3 k €652,6 k €323,6 k €296,2 k €339,5 k €
Debts178,4 k €457,1 k €52,9 k €242,6 k €263,6 k €
Other
Workforce–––––

Board of directors

Source · NBB, accounts to 31/12/2022

1 active · 3 ended

Active mandates

Philip Serck

Mandate

Active

Ended mandates

Eric Govaert

Managing director · since 29 mai 2009 · until 20 décembre 2020

Ended
Eric Govaert

Managing director · since 29 mai 2009

Ended
Philip Serck

Managing director · since 29 mai 2009

Ended

Full financial information

Source · NBB
202220202019201820172016
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelAbridged model
Start of the financial year01/01/202201/12/201901/12/201801/12/201701/12/201601/12/2015
Closing of the financial year31/12/202230/11/202030/11/201930/11/201830/11/201730/11/2016
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date01/09/202330/06/202116/06/202024/08/201924/07/201827/06/2017
General meeting31/07/202321/05/202124/04/202012/05/201930/05/201831/05/2017
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 12 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202231/07/202301/09/2023DutchPDF
Micro model30/11/202021/05/202130/06/2021DutchPDF
Micro model30/11/201924/04/202016/06/2020DutchPDF
Micro model30/11/201812/05/201924/08/2019DutchPDF
Micro model30/11/201730/05/201824/07/2018DutchPDF
Abridged model30/11/201631/05/201727/06/2017DutchPDF
Abridged model30/11/201512/05/201606/06/2016DutchPDF
Abridged model31/12/201431/07/201527/09/2015DutchPDF
Abridged model31/12/201325/08/201425/10/2014DutchPDF
Abridged model31/12/201215/11/201306/12/2013DutchPDF
Abridged model31/12/201115/09/201223/10/2012DutchPDF
Abridged model31/12/201010/10/201104/11/2011DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2022

1 active · 3 ended

Active mandates

Philip Serck

Mandate

Active

Ended mandates

Eric Govaert

Managing director · since 29 mai 2009 · until 20 décembre 2020

Ended
Eric Govaert

Managing director · since 29 mai 2009

Ended
Philip Serck

Managing director · since 29 mai 2009

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates15/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares08/12/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - KAPITAAL - AANDELEN - BOEKJAAR
    PDF
  • Mandates23/02/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/12/2015
    ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Other03/06/2009
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2022
    Annual accounts 2022
  2. 2020
    Annual accounts 20202,2 k €↓
  3. 2019
    Annual accounts 201927,8 k €↑
  4. 2018
    Annual accounts 2018-32,1 k €↓
  5. 2017
    Annual accounts 20175,3 k €↓
  6. 2016
    Annual accounts 201610,9 k €↓
  7. 2015
    Annual accounts 2015256,4 k €↑
  8. 2014
    Annual accounts 20148,8 k €↓
  9. 2013
    Annual accounts 201353,1 k €↓
  10. 2012
    Annual accounts 201289,5 k €↑
  11. 2011
    Annual accounts 20117,4 k €↑
  12. 2010
    Annual accounts 20106,9 k €
  13. 29/05/2009
    IncorporationPublic limited company