OPENING OF BANKRUPTCY

ARTEL DESIGN

Financial year 2016 · closed on 31/12/2016
Net result
4 k €
+2468.6% YoY
Gross margin
14 k €
+226.5% YoY
Equity
-23,7 k €
+14.6% YoY
Workforce
0,2 ETP

Company — Opening of bankruptcy.

What does ARTEL DESIGN do?

ARTEL DESIGN is a Private company with limited liability incorporated in 2011. Its registered office is in Schaerbeek. It employs on average 0,2 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0836.060.717
Incorporation
06/05/2011
Legal form
Private company with limited liability
Registered office
Place de la Reine 41
1030 Schaerbeek · BruxellesSee on map
Latest accounts
31/12/2016
Average workforce
0,2 ETP
Joint committees (1)
  • 302
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

201620152014201320122011
Income statement
Gross margin14 k €-11,1 k €-5,2 k €-6,4 k €-19,2 k €-14,3 k €
EBITDA4,6 k €-13,6 k €-6,3 k €-8,4 k €-20,9 k €-15,9 k €
Operating result4,1 k €-14 k €-6,3 k €-8,8 k €-21,9 k €-15,9 k €
Net result4 k €157,2 €890,8 €-9,3 k €-22,2 k €-15,9 k €
Balance sheet
Equity-23,7 k €-27,7 k €-27,9 k €-28,7 k €-19,4 k €2,7 k €
Total assets10,9 k €8,9 k €16,5 k €22,7 k €20,1 k €4,6 k €
Cash1,6 k €416 €230,8 €7,9 k €341 €1 k €
Debts34,6 k €36,6 k €44,3 k €51,4 k €39,5 k €1,9 k €
Other
Workforce0,2 ETP
Governance

Board of directors

Seen on filing of 31/12/2016 · 1 active · 3 ended

Active mandates

GENTJAN DERVISHI

Manager

Active

Ended mandates

GENTJAN DERVISHI

Manager · since 31 décembre 2015

Ended
ALMA DAFOTA

Manager · since 01 novembre 2014

Ended
MAGDALENA WAGROWSKA

Manager · since 05 mai 2011

Ended
At this address

Other companies at this address

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0743.423.539
ALUDORABankrupt
0578.979.934
DOST WORLDActive
1016.541.984
MINANIActive
0716.629.664
Annual accounts

Full financial information

201620152014201320122011
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/201601/01/201501/01/201401/01/201301/01/201205/05/2011
Closing of the financial year31/12/201631/12/201531/12/201431/12/201331/12/201231/12/2011
Length of the financial year12 months12 months12 months12 months12 months8 months
Filing date11/08/201729/08/201626/08/201529/08/201430/08/201327/07/2012
General meeting22/05/201723/05/201626/05/201530/06/201430/06/201329/05/2012
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/201622/05/201711/08/2017FrenchPDF
Abridged model31/12/201523/05/201629/08/2016FrenchPDF
Abridged model31/12/201426/05/201526/08/2015FrenchPDF
Abridged model31/12/201330/06/201429/08/2014FrenchPDF
Abridged model31/12/201230/06/201330/08/2013FrenchPDF
Abridged model31/12/201129/05/201227/07/2012FrenchPDF
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 31/12/2016 · 1 active · 3 ended

Active mandates

GENTJAN DERVISHI

Manager

Active

Ended mandates

GENTJAN DERVISHI

Manager · since 31 décembre 2015

Ended
ALMA DAFOTA

Manager · since 01 novembre 2014

Ended
MAGDALENA WAGROWSKA

Manager · since 05 mai 2011

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/02/2018
    SIEGE SOCIAL - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/11/2017
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares11/10/2017
    CAPITAL, ACTIONS - ASSEMBLEE GENERALE
    PDF
  • Capital / shares13/07/2017
    CAPITAL, ACTIONS
    PDF
  • Mandates19/01/2016
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/10/2015
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/11/2014
    SIEGE SOCIAL - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office06/11/2013
    SIEGE SOCIAL - CAPITAL, ACTIONS
    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. 2016
    Annual accounts 20164 k €
  2. 2015
    Annual accounts 2015157,2 €
  3. 2014
    Annual accounts 2014890,8 €
  4. 2013
    Annual accounts 2013-9,3 k €
  5. 2012
    Annual accounts 2012-22,2 k €
  6. 2011
    Annual accounts 2011-15,9 k €
  7. 06/05/2011
    IncorporationPrivate company with limited liability