OPENING OF BANKRUPTCY

OLD-CARS

Company — Opening of bankruptcy.

Financial year 2018 · Closed on 31/12/2018

Net result-19,9 k €-118,5 %over 1 year
Revenue226,2 k €-7,3 %over 1 year
Equity-99,5 k €-25,0 %over 1 year
Workforce1,0 ETP

Identity

Source · BCE/KBO

OLD-CARS is a Private company with limited liability incorporated in 2010. Its main activity is: Sale of cars and light motor vehicles. Its registered office is in Charleroi. It employs on average 1,0 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0827.842.342
Incorporation
15/07/2010
Legal form
Private company with limited liability
Registered office
Rue de la Villette 3
6001 Charleroi · WallonieSee on map
Latest accounts
31/12/2018
Average workforce
1,0 ETP
Joint committees (1)
  • 218
Signals
Healthy social debts

Financials

Source · NBB, 9 filings

Trend over 9 financial years

20182017201620152014
Income statement
Revenue226,2 k €244 k €276,9 k €404,8 k €370,2 k €
EBITDA-19,6 k €-8,8 k €-13,1 k €-1,6 k €-11,3 k €
Operating result-19,7 k €-8,8 k €-13,1 k €-2,6 k €-13,6 k €
Net result-19,9 k €-9,1 k €-13,3 k €-3,2 k €-13,7 k €
Balance sheet
Equity-99,5 k €-79,6 k €-70,5 k €-57,2 k €-54 k €
Total assets75,9 k €0 €68,1 k €96,9 k €94,2 k €
Cash5,6 k €0 €22,3 k €27,1 k €18,6 k €
Debts175,4 k €79,6 k €138,6 k €154,1 k €148,2 k €
Other
Workforce1,0 ETP––––

Board of directors

Source · NBB, accounts to 31/12/2018

2 active · 10 ended

Active mandates

Sevda USTA

Manager · since 01 janvier 2018

Active
Volkan USTA

Manager · since 01 janvier 2018

Active

Ended mandates

Fatih USTA

Manager · since 01 octobre 2013

Ended
Fatih USTA

Associate · since 01 octobre 2013

Ended
ERCAN USTA

Manager · since 15 juillet 2010

Ended
SEYHAN USTA

Manager · since 15 juillet 2010

Ended

Other companies at this address

Rue de la Villette 3 6001 Charleroi
CompanyCBE no.
HITTELET AXEL● Active
0877.569.589
NANH● Active
0696.833.746

Full financial information

Source · NBB
201820172016201520142013
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/201801/01/201701/01/201601/01/201501/01/201401/01/2013
Closing of the financial year31/12/201831/12/201731/12/201631/12/201531/12/201431/12/2013
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date19/07/201931/08/201821/08/201707/06/201615/06/201529/09/2014
General meeting31/05/201925/05/201826/05/201727/05/201629/05/201530/05/2014
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, 9 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/201831/05/201919/07/2019FrenchPDF
Abridged model31/12/201725/05/201831/08/2018FrenchPDF
Abridged model31/12/201626/05/201721/08/2017FrenchPDF
Abridged model31/12/201527/05/201607/06/2016FrenchPDF
Abridged model31/12/201429/05/201515/06/2015FrenchPDF
Abridged model31/12/201330/05/201429/09/2014FrenchPDF
Abridged model31/12/201231/05/201304/04/2014FrenchPDF
Abridged model31/12/201127/05/201205/11/2012FrenchPDF
Abridged model31/12/201027/05/201106/09/2011FrenchPDF

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 31/12/2018

2 active · 10 ended

Active mandates

Sevda USTA

Manager · since 01 janvier 2018

Active
Volkan USTA

Manager · since 01 janvier 2018

Active

Ended mandates

Fatih USTA

Manager · since 01 octobre 2013

Ended
Fatih USTA

Associate · since 01 octobre 2013

Ended
ERCAN USTA

Manager · since 15 juillet 2010

Ended
SEYHAN USTA

Manager · since 15 juillet 2010

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Court decision02/09/2021
    RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...)
    PDF
  • Mandates26/01/2021
    DEMISSIONS, NOMINATIONS - MODIFICATION FORME JURIDIQUE
    PDF
  • Mandates20/07/2020
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/02/2020
    SIEGE SOCIAL - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/05/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/12/2017
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/07/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/06/2015
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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

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Timeline

  1. 2018
    Annual accounts 2018-19,9 k €↓
  2. 2017
    Annual accounts 2017-9,1 k €↑
  3. 2016
    Annual accounts 2016-13,3 k €↓
  4. 2015
    Annual accounts 2015-3,2 k €↑
  5. 2014
    Annual accounts 2014-13,7 k €↓
  6. 2013
    Annual accounts 2013-763 €↑
  7. 2012
    Annual accounts 2012-31,8 k €↓
  8. 2011
    Annual accounts 2011-30,1 k €↓
  9. 2010
    Annual accounts 20103,8 k €
  10. 15/07/2010
    IncorporationPrivate company with limited liability