OPENING OF BANKRUPTCY

AQUA TWINS

Financial year 2020 · closed on 31/12/2020
Net result
26,5 k €
+374.7% YoY
Gross margin
43,9 k €
+34.9% YoY
Equity
2,5 k €
+110.5% YoY

Company — Opening of bankruptcy.

What does AQUA TWINS do?

AQUA TWINS is a Private company with limited liability incorporated in 2012. Its main activity is: Restaurants and mobile food service activities. Its registered office is in Oostende.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0848.448.607
Incorporation
03/09/2012
Legal form
Private company with limited liability
Registered office
Visserskaai 10
8400 Oostende · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2020
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20202019201820172016201520142013
Income statement
Gross margin43,9 k €32,6 k €10,4 k €31,3 k €47,6 k €54,1 k €26,7 k €30,4 k €
EBITDA43,1 k €31,7 k €5,8 k €1 k €32 k €50,7 k €22,4 k €26,9 k €
Operating result27,8 k €10,9 k €-3,8 k €-13,5 k €19,1 k €34,1 k €16,3 k €18,6 k €
Net result26,5 k €5,6 k €-43,3 k €-31,7 k €177,9 €11,6 k €5,5 k €12,7 k €
Balance sheet
Equity2,5 k €-23,9 k €-41,9 k €1,4 k €33,1 k €32,9 k €21,4 k €15,9 k €
Total assets248,5 k €194,7 k €153 k €187,6 k €203,4 k €191,8 k €129,5 k €57 k €
Cash52,5 k €50,8 k €48,8 k €19,4 k €92,7 k €46,7 k €81 k €20,3 k €
Debts245,8 k €218,6 k €194,8 k €186,1 k €170,2 k €158,8 k €108 k €41 k €
Governance

Board of directors

Seen on filing of 31/12/2020 · 1 active · 3 ended

Active mandates

Pascal Mechele

Mandate

Active

Ended mandates

Dominique Tudor

Manager

Ended
Jeroen Meesschaert

Manager

Ended
Pascal Mechele

Manager

Ended
At this address

Other companies at this address

Annual accounts

Full financial information

202020192018201720162015
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelAbridged model
Start of the financial year01/01/202001/01/201901/01/201801/01/201701/01/201601/01/2015
Closing of the financial year31/12/202031/12/201931/12/201831/12/201731/12/201631/12/2015
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date13/12/202130/10/202026/12/201921/11/201822/09/201727/08/2016
General meeting04/10/202108/10/202028/11/201926/10/201806/06/201706/06/2016
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202004/10/202113/12/2021DutchPDF
Micro model31/12/201908/10/202030/10/2020DutchPDF
Micro model31/12/201828/11/201926/12/2019DutchPDF
Micro model31/12/201726/10/201821/11/2018DutchPDF
Micro model31/12/201606/06/201722/09/2017DutchPDF
Abridged model31/12/201506/06/201627/08/2016DutchPDF
Abridged model31/12/201401/06/201517/06/2015DutchPDF
Abridged model31/12/201302/06/201420/06/2014DutchPDF
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.

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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 · 1 active · 3 ended

Active mandates

Pascal Mechele

Mandate

Active

Ended mandates

Dominique Tudor

Manager

Ended
Jeroen Meesschaert

Manager

Ended
Pascal Mechele

Manager

Ended
Shareholders

Ownership and network

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Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2020
    Annual accounts 202026,5 k €
  2. 2019
    Annual accounts 20195,6 k €
  3. 2018
    Annual accounts 2018-43,3 k €
  4. 2017
    Annual accounts 2017-31,7 k €
  5. 2016
    Annual accounts 2016177,9 €
  6. 2015
    Annual accounts 201511,6 k €
  7. 2014
    Annual accounts 20145,5 k €
  8. 2013
    Annual accounts 201312,7 k €
  9. 03/09/2012
    IncorporationPrivate company with limited liability