OPENING OF BANKRUPTCY

GLAS VANDOREN

Company — Opening of bankruptcy.

Financial year 2022 · Closed on 31/12/2022

Net result39,8 k €+127,3 %over 1 year
Gross margin1,1 M €+15,5 %over 1 year
Equity77,7 k €+105,3 %over 1 year
Workforce14,8 ETP-4,5 %over 1 year

Identity

Source · BCE/KBO

GLAS VANDOREN is a Public limited company incorporated in 2010. Its main activity is: Painting and glazing. Its registered office is in Rotselaar. It employs on average 14,8 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0830.513.010
Incorporation
30/09/2010
Legal form
Public limited company
Registered office
Hazepad 1
3118 Rotselaar · FlandreSee on map
Contributed capital
64 610,78 €
Latest accounts
31/12/2022
Average workforce
14,8 ETP
Joint committees (2)
  • 124
  • 200
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 13 filings

Trend over 11 financial years

20222021202020192018
Income statement
Gross margin1,1 M €965,7 k €999,6 k €1,2 M €569,7 k €
EBITDA167,6 k €-67,2 k €62,8 k €214 k €-237,1 k €
Operating result53,7 k €-140,9 k €5,3 k €156,8 k €-281,2 k €
Net result39,8 k €-145,7 k €-2,3 k €155,2 k €-285 k €
Balance sheet
Equity77,7 k €37,8 k €183,5 k €185,8 k €30,5 k €
Total assets1,4 M €1,4 M €983,2 k €1,2 M €803,2 k €
Cash162,4 k €100,9 k €188,6 k €120,3 k €111,7 k €
Debts1,4 M €1,4 M €799,7 k €1,1 M €772,7 k €
Other
Workforce14,8 ETP15,5 ETP16,4 ETP15,6 ETP14,0 ETP

Board of directors

Source · NBB, accounts to 31/12/2022

3 active · 15 ended

Active mandates

JEDYCON

Director · since 01 janvier 2020 · until 25 janvier 2022 · 0898.219.604

Represented by Kim DEVROE

Active
PARELINE

Managing director · since 06 mai 2019 · until 05 mai 2025 · 0810.211.306

Represented by Pascal VAN ZUIJLEN

Active
VLEMCO

Director · since 06 mai 2019 · until 05 mai 2025 · 0541.620.086

Represented by Eric VAN ZUIJLEN

Active

Ended mandates

VLEMCO

Director · since 13 janvier 2020 · until 05 mai 2020 · 0541.620.086

Represented by Eric VAN ZUIJLEN

Ended
JEDYCON

Director · since 01 janvier 2020 · until 04 mai 2026 · 0898.219.604

Represented by Kim DEVROE

Ended
BABERIC

Director · since 06 mai 2019 · until 04 mai 2020 · 0864.497.157

Represented by Eric VAN ZUIJLEN

Ended
BABERIC

Director · since 06 mai 2019 · until 22 juin 2020 · 0864.497.157

Represented by Eric VAN ZUIJLEN

Ended

Other companies at this address

Hazepad 1 3118 Rotselaar
CompanyCBE no.
IMMO GVD● Active
0555.707.258
WERCHTER PARK● Active
0838.792.454

Full financial information

Source · NBB
202220212020201920182017
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202201/01/202101/01/202001/01/201901/01/201801/01/2017
Closing of the financial year31/12/202231/12/202131/12/202031/12/201931/12/201831/12/2017
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date08/08/202328/07/202209/06/202129/06/202028/06/201919/06/2018
General meeting30/06/202323/05/202203/05/202122/06/202006/05/201902/05/2018
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, 13 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202230/06/202308/08/2023DutchPDF
Abridged model31/12/202123/05/202228/07/2022DutchPDF
Abridged model31/12/202003/05/202109/06/2021DutchPDF
Abridged model31/12/201922/06/202029/06/2020DutchPDF
Abridged model31/12/201806/05/201928/06/2019DutchPDF
Abridged model31/12/201702/05/201819/06/2018DutchPDF
Abridged model31/12/201602/05/201725/06/2017DutchPDF
Abridged model31/12/201502/05/201616/06/2016DutchPDF
Abridged model31/12/201404/05/201530/06/2015DutchPDF
Abridged modelCorrection31/12/201305/05/201402/10/2014DutchPDF
Abridged model31/12/201305/05/201421/05/2014DutchPDF
Abridged model30/09/201230/03/201309/04/2013DutchPDF
Abridged model30/09/201128/03/201224/04/2012DutchPDF

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 31/12/2022

3 active · 15 ended

Active mandates

JEDYCON

Director · since 01 janvier 2020 · until 25 janvier 2022 · 0898.219.604

Represented by Kim DEVROE

Active
PARELINE

Managing director · since 06 mai 2019 · until 05 mai 2025 · 0810.211.306

Represented by Pascal VAN ZUIJLEN

Active
VLEMCO

Director · since 06 mai 2019 · until 05 mai 2025 · 0541.620.086

Represented by Eric VAN ZUIJLEN

Active

Ended mandates

VLEMCO

Director · since 13 janvier 2020 · until 05 mai 2020 · 0541.620.086

Represented by Eric VAN ZUIJLEN

Ended
JEDYCON

Director · since 01 janvier 2020 · until 04 mai 2026 · 0898.219.604

Represented by Kim DEVROE

Ended
BABERIC

Director · since 06 mai 2019 · until 04 mai 2020 · 0864.497.157

Represented by Eric VAN ZUIJLEN

Ended
BABERIC

Director · since 06 mai 2019 · until 22 juin 2020 · 0864.497.157

Represented by Eric VAN ZUIJLEN

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other15/05/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates03/02/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/01/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/08/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/09/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/01/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/01/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring04/12/2013
    BENAMING - MAATSCHAPPELIJKE ZETEL - ALGEMENE VERGADERING - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF

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

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Timeline

  1. 2022
    Annual accounts 202239,8 k €↑
  2. 2021
    Annual accounts 2021-145,7 k €↓
  3. 2020
    Annual accounts 2020-2,3 k €↓
  4. 2019
    Annual accounts 2019155,2 k €↑
  5. 2018
    Annual accounts 2018-285 k €↓
  6. 2017
    Annual accounts 2017-54,2 k €↓
  7. 2016
    Annual accounts 2016139,6 k €↑
  8. 2015
    Annual accounts 2015122,9 k €↑
  9. 2014
    Annual accounts 201473,2 k €↑
  10. 2014
    Name changeGLAS VANDOREN
  11. 2012
    Annual accounts 2012-36,9 k €↓
  12. 2011
    Annual accounts 201190,4 k €
  13. 2011
    Name changeVEILIGHEIDSGLAS MONTAGE
  14. 30/09/2010
    IncorporationPublic limited company