OPENING OF BANKRUPTCY

SWITCHON

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Financial year 2021 · closed on 31/03/2021
Net result
49,5 k €
+100.6% YoY
Equity
-7,3 M €
+0.7% YoY

Company — Opening of bankruptcy.

What does SWITCHON do?

SWITCHON is a Public limited company incorporated in 2011. Its registered office is in Antwerpen.

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0839.426.122
Incorporation
19/09/2011
Legal form
Public limited company
Registered office
Noorderlaan 79 box 4
2030 Antwerpen · FlandreSee on map
Contributed capital
10 000 000,00 €
Latest accounts
31/03/2021
Signals
ProfitablePositive cashflow
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202120202019201720162015201420132012
Income statement
Gross margin–51 k €-29,9 k €-24,3 k €683,2 €13,9 k €10,2 k €147,6 €36,4 k €
EBITDA–50,9 k €-30 k €-24,5 k €191,2 €13,8 k €9,8 k €-52,4 €36,3 k €
Operating result–50,9 k €-30 k €-24,5 k €191,2 €13,8 k €9,8 k €-52,4 €36,3 k €
Net result49,5 k €-8,5 M €-10,4 M €-180 k €266,7 k €741,2 k €1,2 M €-6,7 M €1,3 M €
Balance sheet
Equity-7,3 M €-7,3 M €1,2 M €11,6 M €11,8 M €11,8 M €13,7 M €12,5 M €19,2 M €
Total assets1 €50,7 k €8,3 M €18,1 M €18,4 M €18,9 M €19,2 M €19,2 M €27 M €
Cash––236,8 €5,9 k €204,9 k €225,9 k €17,1 k €18,4 k €141,1 k €
Debts7,3 M €7,4 M €7,1 M €6,5 M €6,6 M €7,1 M €5,5 M €6,7 M €7,7 M €
Governance

Board of directors

Seen on filing of 31/03/2021 · 1 active · 10 ended

Active mandates

Henri Vrancken

Managing director · since 18 novembre 2016

Active

Ended mandates

Thierry Janssen

Mandate · since 14 novembre 2018 · until 05 juin 2019

Ended
Carl Praet

Director · since 18 novembre 2016 · until 14 novembre 2018

Ended
Carl Praet

Director · since 18 novembre 2016

Ended
Harold Vanheel

Director · since 18 novembre 2016 · until 05 juin 2019

Ended
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Annual accounts

Full financial information

202120202019201720162015
Type of accountMicro modelMicro modelMicro modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202001/04/201901/10/201701/10/201601/10/201501/10/2014
Closing of the financial year31/03/202131/03/202031/03/201930/09/201730/09/201630/09/2015
Length of the financial year12 months12 months18 months12 months12 months12 months
Filing date21/10/202118/11/202009/12/201923/02/201825/01/201724/03/2016
General meeting20/09/202121/09/202027/10/201908/12/201709/12/201611/12/2015
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

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/03/202120/09/202121/10/2021DutchPDF
Micro model31/03/202021/09/202018/11/2020DutchPDF
Micro model31/03/201927/10/201909/12/2019DutchPDF
Abridged model30/09/201708/12/201723/02/2018DutchPDF
Abridged model30/09/201609/12/201625/01/2017DutchPDF
Abridged model30/09/201511/12/201524/03/2016DutchPDF
Abridged model30/09/201412/12/201403/02/2015DutchPDF
Abridged model30/09/201313/12/201302/05/2014DutchPDF
Abridged model30/09/201214/12/201202/01/2013DutchPDF
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 31/03/2021 · 1 active · 10 ended

Active mandates

Henri Vrancken

Managing director · since 18 novembre 2016

Active

Ended mandates

Thierry Janssen

Mandate · since 14 novembre 2018 · until 05 juin 2019

Ended
Carl Praet

Director · since 18 novembre 2016 · until 14 novembre 2018

Ended
Carl Praet

Director · since 18 novembre 2016

Ended
Harold Vanheel

Director · since 18 novembre 2016 · until 05 juin 2019

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates12/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/04/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other15/10/2018
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates12/01/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares01/04/2015
    KAPITAAL - AANDELEN
    PDF
  • Mandates17/02/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office22/04/2014
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares13/12/2011
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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. 2021
    Annual accounts 202149,5 k €↑
  2. 2020
    Annual accounts 2020-8,5 M €↑
  3. 2019
    Annual accounts 2019-10,4 M €↓
  4. 2017
    Annual accounts 2017-180 k €↓
  5. 2016
    Annual accounts 2016266,7 k €↓
  6. 2015
    Annual accounts 2015741,2 k €↓
  7. 2014
    Annual accounts 20141,2 M €↑
  8. 2013
    Annual accounts 2013-6,7 M €↓
  9. 2012
    Annual accounts 20121,3 M €
  10. 19/09/2011
    IncorporationPublic limited company