OPENING OF BANKRUPTCY

MEAT CUTTING SERVICES

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Financial year 2017 · closed on 31/12/2017
Net result
110,3 k €
-12.3% YoY
Gross margin
182,5 k €
-68.7% YoY
Equity
33 k €
-0.7% YoY

Company — Opening of bankruptcy.

What does MEAT CUTTING SERVICES do?

MEAT CUTTING SERVICES is a Private company with limited liability incorporated in 2010. Its main activity is: Processing and preserving of meat. Its registered office is in Seraing.

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0823.789.623
Incorporation
09/03/2010
Legal form
Private company with limited liability
Registered office
Rue de l'Hôpital 1 box B2
4100 Seraing · WallonieSee on map
Latest accounts
31/12/2017
Activities (NACE)
10110Processing and preserving of meat· main10111Processing and preserving of meat
Signals
ProfitablePositive cashflowPositive EBITDA
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2017201620152014201320122011
Income statement
Gross margin182,5 k €583 k €2 M €1,2 M €719,6 k €36,8 k €26,5 k €
EBITDA181,3 k €229,5 k €305,1 k €135,1 k €20,6 k €-8,2 k €-11,3 k €
Operating result178,1 k €214,7 k €224,8 k €94,8 k €12,3 k €-9,2 k €-16,7 k €
Net result110,3 k €125,8 k €78,2 k €60,3 k €11 k €-11,2 k €-18,4 k €
Balance sheet
Equity33 k €33,2 k €33,2 k €32,1 k €11,3 k €376,3 €11,6 k €
Total assets799,4 k €819,9 k €836 k €554,2 k €282,6 k €25,3 k €46,9 k €
Cash22,4 k €1,5 k €74,8 k €44,5 k €16,1 k €1,5 k €1,9 k €
Debts766,4 k €785,6 k €802,7 k €522,1 k €271,3 k €24,9 k €35,3 k €
Other
Workforce–12,5 ETP46,6 ETP40,5 ETP19,3 ETP1,0 ETP1,0 ETP
Governance

Board of directors

Seen on filing of 31/12/2017 · 1 active · 6 ended

Active mandates

Antonio SCIROTINO

Manager · since 09 mars 2010

Active

Ended mandates

Stéphane VERSTAPPEN

Manager · since 05 octobre 2012

Ended
Laurence MAIGRIE

Manager · since 01 septembre 2010

Ended
Antonio SCIORTINO

Manager · since 09 mars 2010

Ended
MANUEL MISSOTTEN

Manager · since 09 mars 2010 · until 01 septembre 2010

Ended
At this address

Other companies at this address

CompanyCBE no.
DYS CONSTRUCT● Bankrupt
0678.627.539
Annual accounts

Full financial information

201720162015201420132012
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/201701/01/201601/07/201401/07/201301/07/201201/07/2011
Closing of the financial year31/12/201731/12/201631/12/201530/06/201430/06/201330/06/2012
Length of the financial year12 months12 months18 months12 months12 months12 months
Filing date30/07/201823/08/201731/08/201626/01/201531/01/201425/01/2013
General meeting29/06/201830/06/201724/06/201629/12/201431/12/201324/01/2013
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/201729/06/201830/07/2018FrenchPDF
Abridged model31/12/201630/06/201723/08/2017FrenchPDF
Abridged model31/12/201524/06/201631/08/2016FrenchPDF
Abridged model30/06/201429/12/201426/01/2015FrenchPDF
Abridged model30/06/201331/12/201331/01/2014FrenchPDF
Abridged model30/06/201224/01/201325/01/2013FrenchPDF
Abridged model30/06/201124/02/201229/02/2012FrenchPDF
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 31/12/2017 · 1 active · 6 ended

Active mandates

Antonio SCIROTINO

Manager · since 09 mars 2010

Active

Ended mandates

Stéphane VERSTAPPEN

Manager · since 05 octobre 2012

Ended
Laurence MAIGRIE

Manager · since 01 septembre 2010

Ended
Antonio SCIORTINO

Manager · since 09 mars 2010

Ended
MANUEL MISSOTTEN

Manager · since 09 mars 2010 · until 01 septembre 2010

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office25/09/2017
    SIEGE SOCIAL
    PDF
  • Court decision18/08/2017
    RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...)
    PDF
  • Mandates13/07/2015
    DENOMINATION - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Registered office07/01/2015
    SIEGE SOCIAL
    PDF
  • Mandates16/10/2012
    DENOMINATION - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Registered office30/05/2012
    SIEGE SOCIAL
    PDF
  • Mandates08/10/2010
    DEMISSIONS, NOMINATIONS
    PDF
  • Other12/03/2010
    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. 2017
    Annual accounts 2017110,3 k €↓
  2. 2016
    Annual accounts 2016125,8 k €↑
  3. 2015
    Annual accounts 201578,2 k €↑
  4. 2015
    Name changeMEAT CUTTING SERVICES
  5. 2014
    Annual accounts 201460,3 k €↑
  6. 2013
    Annual accounts 201311 k €↑
  7. 2012
    Annual accounts 2012-11,2 k €↑
  8. 2012
    Name changeSERVICES FOR MEAT MACA
  9. 2011
    Annual accounts 2011-18,4 k €
  10. 2011
    Name changeSAVEURS ET FINESSES
  11. 09/03/2010
    IncorporationPrivate company with limited liability