OPENING OF BANKRUPTCY

S14

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Financial year 2020 · closed on 31/12/2020

Net result

-1,1 M €

-152.3% YoY

Gross margin

-84,2 k €

-158.2% YoY

Equity

-831,5 k €

-79.2% YoY

Workforce

3,0 ETP

+7.1% YoY

Company — Opening of bankruptcy.

What does S14 do?

S14 is a Public limited company incorporated in 2011. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Bruxelles. It employs on average 3,0 ETP workers (FTE).

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0834.976.196

Incorporation

30/03/2011

Legal form

Public limited company

Registered office

Rue de la Science 14 box b
1040 Bruxelles · BruxellesSee on map

Contributed capital

286 300,04 €

Latest accounts

31/12/2020

Average workforce

3,0 ETP

Activities (NACE)

68203Rental and operating of own or leased real estate· main 68203Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate

Joint committees (3)

Signals

Healthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 10 financial years

	2020		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Gross margin	-84,2 k €	-158%	144,6 k €	-48.6%	281,3 k €	-24.3%	371,9 k €	+0.6%	369,5 k €		–		–		–		–		–
EBITDA	-954,4 k €	-556%	-145,5 k €	+13.3%	-167,8 k €	-91.9%	-87,4 k €	-1149%	8,3 k €	-96.9%	267,0 k €	+217%	84,2 k €	-20.5%	105,9 k €	+70.2%	62,2 k €	+72.6%	36,0 k €
Operating result	-1,1 M €	-325%	-259,2 k €	+13.7%	-300,3 k €	-50.8%	-199,1 k €	-82.0%	-109,4 k €	-178%	140,3 k €	+1411%	-10,7 k €	-165%	16,6 k €	+195%	-17,4 k €	-202%	-5,8 k €
Net result	-1,1 M €	-152%	-445,5 k €	-44.9%	-307,4 k €	-34.3%	-228,9 k €	-107%	-110,6 k €	-215%	95,9 k €	+560%	-20,8 k €	-425%	6,4 k €	+130%	-21,3 k €	-260%	-5,9 k €
Balance sheet
Equity	-831,5 k €	-79.2%	-464,0 k €	-40.2%	-331,1 k €	-1297%	-23,7 k €	-558%	5,2 k €	-95.5%	115,8 k €	+483%	19,9 k €	-51.2%	40,7 k €	+18.7%	34,3 k €	-38.3%	55,6 k €
Total assets	627,0 k €	-50.4%	1,3 M €	-27.3%	1,7 M €	-20.2%	2,2 M €	+5.8%	2,1 M €	+3.2%	2,0 M €	+14.7%	1,7 M €	+18.3%	1,5 M €	-12.5%	1,7 M €	+11.0%	1,5 M €
Cash	19,2 k €	+199%	6,4 k €	-81.0%	33,9 k €	-49.6%	67,4 k €	-20.5%	84,8 k €	-29.6%	120,5 k €	-24.9%	160,5 k €	+149%	64,5 k €	-21.6%	82,2 k €	+824%	8,9 k €
Debts	1,3 M €	-16.8%	1,6 M €	-17.8%	2,0 M €	-3.8%	2,0 M €	+6.2%	1,9 M €	+10.7%	1,7 M €	+1.5%	1,7 M €	+20.9%	1,4 M €	-13.7%	1,6 M €	+28.3%	1,3 M €
Other
Workforce	3,0 ETP	+7.1%	2,8 ETP	-47.2%	5,3 ETP	0.0%	5,3 ETP	-7.0%	5,7 ETP	+18.8%	4,8 ETP	+20.0%	4,0 ETP	+33.3%	3,0 ETP	+76.5%	1,7 ETP	+467%	0,3 ETP

Governance

Board of directors

Seen on filing of 31/12/2020 · 2 active · 5 ended

Active mandates

Fabio Lombardi

Chairman of the board of directors · since 01 août 2020 · until 12 mai 2023

Active

Luca Pasqualotto

Director · since 30 mars 2011 · until 12 mai 2023

Active

Ended mandates

Luca Pasqualotto

Director · since 30 mars 2011 · until 17 mars 2017

Ended

Luca Pasqualotto

Director · since 30 mars 2011 · until 23 mars 2017

Ended

Pietro Martani

Chairman of the board of directors · since 30 mars 2011 · until 17 mars 2017

Ended

Pietro Martani

Chairman of the board of directors · since 30 mars 2011 · until 23 mars 2017

Ended

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Annual accounts

Full financial information

	2020	2019	2018	2017	2016	2015
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Full model
Start of the financial year	01/01/2020	01/01/2019	01/01/2018	01/01/2017	01/01/2016	01/01/2015
Closing of the financial year	31/12/2020	31/12/2019	31/12/2018	31/12/2017	31/12/2016	31/12/2015
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/06/2021	09/06/2020	14/05/2019	10/07/2018	30/05/2017	07/07/2016
General meeting	23/06/2021	08/05/2020	10/05/2019	22/06/2018	12/05/2017	13/05/2016
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

10 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2020	23/06/2021	30/06/2021	French	PDF
Abridged model	31/12/2019	08/05/2020	09/06/2020	French	PDF
Abridged model	31/12/2018	10/05/2019	14/05/2019	French	PDF
Abridged model	31/12/2017	22/06/2018	10/07/2018	French	PDF
Abridged model	31/12/2016	12/05/2017	30/05/2017	French	PDF
Full model	31/12/2015	13/05/2016	07/07/2016	French	PDF
Full model	31/12/2014	08/05/2015	23/07/2015	French	PDF
Full model	31/12/2013	09/05/2014	30/06/2014	French	PDF
Full model	31/12/2012	10/05/2013	31/05/2013	French	PDF
Full model	31/12/2011	11/05/2012	13/06/2012	French	PDF

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 31/12/2020 · 2 active · 5 ended

Active mandates

Fabio Lombardi

Chairman of the board of directors · since 01 août 2020 · until 12 mai 2023

Active

Luca Pasqualotto

Director · since 30 mars 2011 · until 12 mai 2023

Active

Ended mandates

Luca Pasqualotto

Director · since 30 mars 2011 · until 17 mars 2017

Ended

Luca Pasqualotto

Director · since 30 mars 2011 · until 23 mars 2017

Ended

Pietro Martani

Chairman of the board of directors · since 30 mars 2011 · until 17 mars 2017

Ended

Pietro Martani

Chairman of the board of directors · since 30 mars 2011 · until 23 mars 2017

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/05/2021
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION
PDF
Capital / shares23/11/2020
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
PDF
Mandates23/09/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates11/01/2018
DENOMINATION - DIVERS
PDF
Mandates21/06/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates03/04/2012
DEMISSIONS, NOMINATIONS
PDF
Other11/04/2011
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

2020
Annual accounts 2020-1,1 M €↓
2020
Name changeS14
2019
Annual accounts 2019-445,5 k €↓
2018
Annual accounts 2018-307,4 k €↓
2017
Annual accounts 2017-228,9 k €↓
2017
Name changeCOPERNICO BELGIUM
2016
Annual accounts 2016-110,6 k €↓
2015
Annual accounts 201595,9 k €↑
2014
Annual accounts 2014-20,8 k €↓
2013
Annual accounts 20136,4 k €↑
2012
Annual accounts 2012-21,3 k €↓
2011
Annual accounts 2011-5,9 k €
30/03/2011
IncorporationPublic limited company
2011
Name changeHALLDIS BELGIUM

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

S14

Overview

What does S14 do?

Trend over 10 financial years

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline