OPENING OF BANKRUPTCY

RINAR

Financial year 2017 · closed on 30/09/2017
Net result
838,5 €
-97.6% YoY
Revenue
2,3 M €
+91.1% YoY
Equity
96,6 k €
+0.9% YoY
Workforce
18,8 ETP
+88.0% YoY

Company — Opening of bankruptcy.

What does RINAR do?

RINAR is a Private company with limited liability incorporated in 2012. Its main activity is: Freight transport by road. Its registered office is in Gent. It employs on average 18,8 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0842.726.397
Incorporation
11/01/2012
Legal form
Private company with limited liability
Registered office
Jan Baptist Davidstraat 24
9000 Gent · FlandreSee on map
Latest accounts
30/09/2017
Average workforce
18,8 ETP
Joint committees (1)
  • 140
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20172016201520142013
Income statement
Revenue2,3 M €1,2 M €809,9 k €388,9 k €544,9 k €
EBITDA109,7 k €50,9 k €28,1 k €20,4 k €25,4 k €
Operating result15,7 k €46,5 k €24,3 k €20,1 k €23,8 k €
Net result838,5 €34,3 k €16,5 k €15,5 k €17,1 k €
Balance sheet
Equity96,6 k €95,8 k €61,5 k €45 k €29,5 k €
Total assets1,3 M €429,2 k €292,4 k €120 k €90 k €
Cash58,2 k €55,7 k €8,6 k €4,2 k €
Debts1,2 M €333,5 k €230,9 k €75,1 k €59 k €
Other
Workforce18,8 ETP10,0 ETP0,6 ETP1,6 ETP1,0 ETP
Governance

Board of directors

Seen on filing of 30/09/2017 · 1 active

Active mandates

RAMAZAN OZEN

Manager

Active
Annual accounts

Full financial information

20172016201520142013
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/201601/10/201501/10/201401/10/201311/01/2012
Closing of the financial year30/09/201730/09/201630/09/201530/09/201430/09/2013
Length of the financial year12 months12 months12 months12 months21 months
Filing date08/08/201810/05/201722/04/201631/03/201530/04/2014
General meeting21/03/201815/03/201716/03/201618/03/201519/03/2014
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/201721/03/201808/08/2018DutchPDF
Abridged model30/09/201615/03/201710/05/2017DutchPDF
Abridged model30/09/201516/03/201622/04/2016DutchPDF
Abridged model30/09/201418/03/201531/03/2015DutchPDF
Abridged model30/09/201319/03/201430/04/2014DutchPDF
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 30/09/2017 · 1 active

Active mandates

RAMAZAN OZEN

Manager

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates04/07/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other25/01/2012
    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.

See the Business plan

Timeline

  1. 2017
    Annual accounts 2017838,5 €
  2. 2016
    Annual accounts 201634,3 k €
  3. 2015
    Annual accounts 201516,5 k €
  4. 2014
    Annual accounts 201415,5 k €
  5. 2013
    Annual accounts 201317,1 k €
  6. 11/01/2012
    IncorporationPrivate company with limited liability