OPENING OF BANKRUPTCY

PROWOSOL

Financial year 2016 · closed on 31/12/2016
Net result
-13,6 k €
-604.2% YoY
Gross margin
1,2 M €
+16.3% YoY
Equity
10,7 k €
-56.1% YoY
Workforce
40,0 ETP
+20.1% YoY

Company — Opening of bankruptcy.

What does PROWOSOL do?

PROWOSOL is a Private company with limited liability incorporated in 2012. Its main activity is: Processing and preserving of meat. Its registered office is in Gent. It employs on average 40,0 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0843.009.182
Incorporation
24/01/2012
Legal form
Private company with limited liability
Registered office
Tolhuislaan 179 box 1
9000 Gent · FlandreSee on map
Latest accounts
31/12/2016
Average workforce
40,0 ETP
Signals
Positive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2016201520142013
Income statement
Gross margin1,2 M €1 M €1 M €516,2 k €
EBITDA20,9 k €29 k €14,1 k €30,7 k €
Operating result14,5 k €22,7 k €4,6 k €16,2 k €
Net result-13,6 k €2,7 k €-3,5 k €8,9 k €
Balance sheet
Equity10,7 k €24,3 k €11,6 k €15,1 k €
Total assets87,4 k €342,4 k €274 k €114,6 k €
Cash54,7 k €87,2 k €120,1 k €33,4 k €
Debts76,7 k €318,1 k €262,4 k €99,5 k €
Other
Workforce40,0 ETP33,3 ETP35,2 ETP17,0 ETP
Governance

Board of directors

Seen on filing of 31/12/2016 · 2 active

Active mandates

Suleyman Öztürk

Manager · since 14 novembre 2013

Active
Hüseyin Oztürk

Manager · since 01 avril 2013

Active
At this address

Other companies at this address

CompanyCBE no.
Muhi StyleBankrupt
0802.100.522
Annual accounts

Full financial information

2016201520142013
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/201601/01/201501/01/201418/01/2012
Closing of the financial year31/12/201631/12/201531/12/201431/12/2013
Length of the financial year12 months12 months12 months24 months
Filing date07/03/201806/10/201611/05/201604/03/2015
General meeting15/06/201716/06/201618/06/201519/06/2014
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/201615/06/201707/03/2018DutchPDF
Abridged model31/12/201516/06/201606/10/2016DutchPDF
Abridged model31/12/201418/06/201511/05/2016DutchPDF
Abridged model31/12/201319/06/201404/03/2015DutchPDF
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 · 2 active

Active mandates

Suleyman Öztürk

Manager · since 14 novembre 2013

Active
Hüseyin Oztürk

Manager · since 01 avril 2013

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office14/03/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office16/10/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates31/05/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/12/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/12/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office03/10/2013
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates10/05/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/02/2013
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    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 2016-13,6 k €
  2. 2015
    Annual accounts 20152,7 k €
  3. 2014
    Annual accounts 2014-3,5 k €
  4. 2013
    Annual accounts 20138,9 k €
  5. 24/01/2012
    IncorporationPrivate company with limited liability