OPENING OF BANKRUPTCY

AV PLASTICS

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Financial year 2013 · closed on 31/12/2013
Net result
-179,6 k €
-2842.1% YoY
Gross margin
124,6 k €
+823.3% YoY
Equity
289,7 k €
+2494.9% YoY
Workforce
8,9 ETP

Company — Opening of bankruptcy.

What does AV PLASTICS do?

AV PLASTICS is a Private company with limited liability incorporated in 2010. Its main activity is: Manufacture of plastic packing goods. Its registered office is in Braine-le-Château. It employs on average 8,9 ETP workers (FTE).

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0832.098.860
Incorporation
21/12/2010
Legal form
Private company with limited liability
Registered office
Parc Industriel(W-B) 14
1440 Braine-le-Château · WallonieSee on map
Latest accounts
31/12/2013
Average workforce
8,9 ETP
Activities (NACE)
22220Manufacture of plastic packing goods· main22220Manufacture of plastic packing goods46642Wholesale of machinery for the textile industry and of sewing and knitting machines46692Wholesale of other machinery and equipment
Joint committees (2)
  • 116
  • 207
Signals
Positive EBITDAHealthy social debts
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Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

201320122011
Income statement
Gross margin124,6 k €13,5 k €-31,3 k €
EBITDA36,4 k €13,1 k €-32 k €
Operating result-17,9 k €6,6 k €-37,2 k €
Net result-179,6 k €6,6 k €-37,2 k €
Balance sheet
Equity289,7 k €-12,1 k €-18,6 k €
Total assets1,8 M €119,8 k €75 k €
Cash139,9 k €–6,9 k €
Debts1,5 M €131,9 k €93,6 k €
Other
Workforce8,9 ETP––
Governance

Board of directors

Seen on filing of 31/12/2013 · 3 active · 1 ended

Active mandates

SAFFELBERG DIRECTOR & MANAGEMENT SERVICES

Manager · since 22 novembre 2013 · 0898.306.310

Represented by Jos Sluys

Active
Eddy Denayer

Manager · since 13 décembre 2010

Active
Vincenzo Cinzio Amico

Manager · since 13 décembre 2010 · until 21 août 2014

Active

Ended mandates

Vincenzo Cinzio Amico

Manager · since 13 décembre 2010

Ended
Annual accounts

Full financial information

201320122011
Type of accountAbridged modelAbridged modelAbridged model
Start of the financial year01/01/201301/01/201213/12/2010
Closing of the financial year31/12/201331/12/201231/12/2011
Length of the financial year12 months12 months13 months
Filing date20/10/201421/03/201312/06/2012
General meeting15/10/201420/03/201311/06/2012
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/201315/10/201420/10/2014FrenchPDF
Abridged model31/12/201220/03/201321/03/2013DutchPDF
Abridged model31/12/201111/06/201212/06/2012DutchPDF
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.

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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.

Governance

Board of directors

Seen on filing of 31/12/2013 · 3 active · 1 ended

Active mandates

SAFFELBERG DIRECTOR & MANAGEMENT SERVICES

Manager · since 22 novembre 2013 · 0898.306.310

Represented by Jos Sluys

Active
Eddy Denayer

Manager · since 13 décembre 2010

Active
Vincenzo Cinzio Amico

Manager · since 13 décembre 2010 · until 21 août 2014

Active

Ended mandates

Vincenzo Cinzio Amico

Manager · since 13 décembre 2010

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other10/02/2014
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates13/12/2013
    BENAMING - MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other23/12/2010
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

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Timeline

  1. 2013
    Annual accounts 2013-179,6 k €↓
  2. 2013
    Name changeAV PLASTICS
  3. 2012
    Annual accounts 20126,6 k €↑
  4. 2011
    Annual accounts 2011-37,2 k €
  5. 2011
    Name changeAD PLASTIC INJECTION
  6. 21/12/2010
    IncorporationPrivate company with limited liability