OPENING OF BANKRUPTCY

Sadeco

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Financial year 2023 · closed on 31/12/2023
Net result
6,8 k €
-94.6% YoY
Gross margin
763,8 k €
-10.0% YoY
Equity
14,1 k €
+93.4% YoY
Workforce
11,3 ETP
-15.0% YoY

Company — Opening of bankruptcy.

What does Sadeco do?

Sadeco is a Private limited company incorporated in 2010. Its main activity is: Management consultancy activities. Its registered office is in Houthalen-Helchteren. It employs on average 11,3 ETP workers (FTE).

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0831.605.546
Incorporation
03/12/2010
Legal form
Private limited company
Registered office
Centrum-Zuid 2207
3530 Houthalen-Helchteren · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2023
Average workforce
11,3 ETP
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities
Joint committees (2)
  • 100
  • 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202320222021202020192017201620152014201320122011
Income statement
Gross margin763,8 k €848,5 k €931,2 k €442,9 k €1,7 M €811,6 k €943,8 k €936,6 k €848 k €603,2 k €422,4 k €530,7 k €
EBITDA77,3 k €252,8 k €232 k €-281,6 k €495,7 k €239,8 k €313,1 k €241,4 k €201,6 k €123,7 k €-68,5 €315,4 k €
Operating result63,2 k €231,9 k €207,7 k €-300,3 k €436,2 k €212,5 k €279,7 k €165,6 k €13,9 k €83,5 k €-16,7 k €272 k €
Net result6,8 k €126,8 k €171,9 k €-327,1 k €209,9 k €28,1 k €156,3 k €85,6 k €-18,8 k €17,7 k €-30,1 k €161,4 k €
Balance sheet
Equity14,1 k €7,3 k €-119,5 k €-291,4 k €35,7 k €125,8 k €97,7 k €75,3 k €39,7 k €58,5 k €40,8 k €70,9 k €
Total assets706,6 k €1,2 M €1,3 M €896,8 k €911,3 k €1,2 M €973,6 k €728,8 k €782,1 k €881,7 k €549,1 k €935,2 k €
Cash25 k €61 k €84,3 k €96,7 k €–50,2 k €192,3 k €244,3 k €–285 k €127,7 k €298,1 k €
Debts692,5 k €1,2 M €1,4 M €1,1 M €872,6 k €1,1 M €839,1 k €616,6 k €722,4 k €823,2 k €502,7 k €814,1 k €
Other
Workforce11,3 ETP13,3 ETP12,9 ETP18,6 ETP18,1 ETP13,7 ETP13,0 ETP15,0 ETP13,1 ETP8,9 ETP8,5 ETP4,3 ETP
Governance

Board of directors

Seen on filing of 31/12/2023 · 2 active · 16 ended

Active mandates

SQM

Director · 0897.691.151

Represented by Joeri De Coninck

Active
TIMO

Director · 0748.749.136

Represented by Donatus Tulleneers

Active

Ended mandates

TIMO

Director · since 01 août 2020 · 0748.749.136

Represented by Donatus Tulleneer

Ended
TQM

Manager · since 18 juillet 2012 · 0847.523.246

Represented by Fabrizio Teatini

Ended
SQM

Manager · since 01 janvier 2012 · 0897.691.151

Represented by Joeri De Coninck

Ended
Conny Drijkoningen

Manager · since 01 décembre 2010 · until 01 mai 2013

Ended
At this address

Other companies at this address

CompanyCBE no.
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0629.868.312
Traxparts● Active
1024.086.507
Annual accounts

Full financial information

202320222021202020192017
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202301/01/202201/10/202001/10/201901/01/201801/01/2017
Closing of the financial year31/12/202331/12/202231/12/202130/09/202030/09/201931/12/2017
Length of the financial year12 months12 months15 months12 months21 months12 months
Filing date28/06/202419/04/202317/05/202211/03/202129/04/202028/06/2018
General meeting07/06/202431/03/202325/04/202212/02/202106/03/202027/06/2018
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

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202307/06/202428/06/2024DutchPDF
Abridged model31/12/202231/03/202319/04/2023DutchPDF
Abridged model31/12/202125/04/202217/05/2022DutchPDF
Abridged model30/09/202012/02/202111/03/2021DutchPDF
Abridged model30/09/201906/03/202029/04/2020DutchPDF
Abridged model31/12/201727/06/201828/06/2018DutchPDF
Abridged model31/12/201615/06/201731/08/2017DutchPDF
Abridged model31/12/201515/06/201631/08/2016DutchPDF
Abridged model31/12/201415/06/201530/09/2015DutchPDF
Abridged model31/12/201316/06/201431/08/2014DutchPDF
Abridged model31/12/201215/06/201319/07/2013DutchPDF
Abridged model31/12/201115/06/201230/08/2012DutchPDF
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 31/12/2023 · 2 active · 16 ended

Active mandates

SQM

Director · 0897.691.151

Represented by Joeri De Coninck

Active
TIMO

Director · 0748.749.136

Represented by Donatus Tulleneers

Active

Ended mandates

TIMO

Director · since 01 août 2020 · 0748.749.136

Represented by Donatus Tulleneer

Ended
TQM

Manager · since 18 juillet 2012 · 0847.523.246

Represented by Fabrizio Teatini

Ended
SQM

Manager · since 01 janvier 2012 · 0897.691.151

Represented by Joeri De Coninck

Ended
Conny Drijkoningen

Manager · since 01 décembre 2010 · until 01 mai 2013

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates04/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/10/2020
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates17/04/2020
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates16/12/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office28/03/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other24/01/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office10/04/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office05/01/2015
    MAATSCHAPPELIJKE ZETEL
    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. 2023
    Annual accounts 20236,8 k €↓
  2. 2022
    Annual accounts 2022126,8 k €↓
  3. 2021
    Annual accounts 2021171,9 k €↑
  4. 2020
    Annual accounts 2020-327,1 k €↓
  5. 2019
    Annual accounts 2019209,9 k €↑
  6. 2017
    Annual accounts 201728,1 k €↓
  7. 2016
    Annual accounts 2016156,3 k €↑
  8. 2015
    Annual accounts 201585,6 k €↑
  9. 2014
    Annual accounts 2014-18,8 k €↓
  10. 2013
    Annual accounts 201317,7 k €↑
  11. 2012
    Annual accounts 2012-30,1 k €↓
  12. 2011
    Annual accounts 2011161,4 k €
  13. 03/12/2010
    IncorporationPrivate limited company