OPENING OF BANKRUPTCY

SPEED ALTITUDE

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Company — Opening of bankruptcy.

Financial year 2020 · Closed on 30/06/2020

Net result47,5 k €+105,7 %over 1 year
Gross margin71 k €+64,1 %over 1 year
Equity128 k €+10,9 %over 1 year

Identity

Source · BCE/KBO

SPEED ALTITUDE is a Private company with limited liability incorporated in 2012. Its main activity is: Construction of buildings. Its registered office is in Vielsalm.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0849.849.959
Incorporation
24/10/2012
Legal form
Private company with limited liability
Registered office
Neuville-Haut 98
6690 Vielsalm · WallonieSee on map
Contributed capital
18 600,00 €
Latest accounts
30/06/2020
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 8 filings

Trend over 8 financial years

20202019201820172016
Income statement
Gross margin71 k €43,2 k €36,2 k €56 k €77,7 k €
EBITDA67,9 k €41,3 k €32,3 k €47,7 k €74,9 k €
Operating result41 k €27,9 k €6 k €6,5 k €41 k €
Net result47,5 k €23,1 k €10,8 k €1,5 k €24,5 k €
Balance sheet
Equity128 k €115,5 k €102,4 k €91,6 k €90 k €
Total assets275,1 k €249,7 k €204,5 k €226,3 k €232,2 k €
Cash16 €3,8 k €388 €42 €2,8 k €
Debts144 k €131,3 k €102,1 k €134,7 k €142,1 k €
Other
Workforce––––0,1 ETP

Board of directors

Source · NBB, accounts to 30/06/2020

1 active

Active mandates

Alain RATZ

Manager · since 24 octobre 2012

Active

Full financial information

Source · NBB
202020192018201720162015
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/201901/07/201801/07/201701/07/201601/07/201501/07/2014
Closing of the financial year30/06/202030/06/201930/06/201830/06/201730/06/201630/06/2015
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date18/02/202118/03/202004/03/201902/05/201816/01/201728/01/2016
General meeting15/02/202106/03/202002/11/201802/11/201703/11/201615/01/2016
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 8 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202015/02/202118/02/2021FrenchPDF
Abridged model30/06/201906/03/202018/03/2020FrenchPDF
Abridged model30/06/201802/11/201804/03/2019FrenchPDF
Abridged model30/06/201702/11/201702/05/2018FrenchPDF
Abridged model30/06/201603/11/201616/01/2017FrenchPDF
Abridged model30/06/201515/01/201628/01/2016FrenchPDF
Abridged model30/06/201408/05/201511/05/2015FrenchPDF
Abridged model30/06/201328/01/201428/02/2014FrenchPDF

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.

Board of directors

Source · NBB, accounts to 30/06/2020

1 active

Active mandates

Alain RATZ

Manager · since 24 octobre 2012

Active

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Court decision01/07/2021
    RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...)
    PDF
  • Other06/11/2012
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

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 202047,5 k €↑
  2. 2019
    Annual accounts 201923,1 k €↑
  3. 2018
    Annual accounts 201810,8 k €↑
  4. 2017
    Annual accounts 20171,5 k €↓
  5. 2016
    Annual accounts 201624,5 k €↓
  6. 2015
    Annual accounts 201526,9 k €↑
  7. 2014
    Annual accounts 201413,9 k €↑
  8. 2013
    Annual accounts 20136,1 k €
  9. 24/10/2012
    IncorporationPrivate company with limited liability