VOLUNTARY DISSOLUTION - LIQUIDATION

BAAB

Financial year 2008 · closed on 31/12/2008
Net result
-31,3 €
+97.6% YoY
Gross margin
125 k €
-48.3% YoY
Equity
1,5 k €
-2.0% YoY
Workforce
3,2 ETP
-52.2% YoY

Company — Voluntary dissolution - liquidation.

What does BAAB do?

BAAB is a Non-profit organization incorporated in 2004. Its registered office is in Gent. It employs on average 3,2 ETP workers (FTE).

Legal situation
Voluntary dissolution - liquidation
BCE/KBO no. / VAT
BE 0869.999.829
Incorporation
27/10/2004
Legal form
Non-profit organization
Registered office
Banierstraat 32_34
9000 Gent · FlandreSee on map
Latest accounts
31/12/2008
Average workforce
3,2 ETP
Signals
Positive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 2 financial years

20082007
Income statement
Gross margin125 k €241,9 k €
EBITDA5,5 k €2,1 k €
Operating result-691,2 €-1,3 k €
Net result-31,3 €-1,3 k €
Balance sheet
Equity1,5 k €1,5 k €
Total assets53,1 k €54,8 k €
Cash5,8 k €13,1 k €
Debts48,3 k €53,2 k €
Other
Workforce3,2 ETP6,7 ETP
Governance

Board of directors

Seen on filing of 31/12/2008 · 4 active · 2 ended

Active mandates

Arafat Bouachiba

Vice-chairman of the board of directors · since 18 juin 2007

Active
Hakim Aboulakil

Director · since 18 juin 2007

Active
Okyay Karatas

Director

Active
Ridvan Can

Chairman of the board of directors

Active

Ended mandates

Najim Einauan

Director · until 18 juin 2007

Ended
Najmeddine Ferhat

Vice-chairman of the board of directors · until 18 juin 2007

Ended
Annual accounts

Full financial information

200820072006
Type of accountAbridged modelAbridged modelAbridged model
Start of the financial year01/01/200801/01/200701/01/2006
Closing of the financial year31/12/200831/12/200731/12/2006
Length of the financial year12 months12 months12 months
Filing date24/08/200921/08/200828/06/2007
General meeting06/05/200930/06/200828/06/2007
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/200806/05/200924/08/2009DutchPDF
Abridged model31/12/200730/06/200821/08/2008DutchPDF
Abridged model31/12/200628/06/200728/06/2007DutchPDF
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 31/12/2008 · 4 active · 2 ended

Active mandates

Arafat Bouachiba

Vice-chairman of the board of directors · since 18 juin 2007

Active
Hakim Aboulakil

Director · since 18 juin 2007

Active
Okyay Karatas

Director

Active
Ridvan Can

Chairman of the board of directors

Active

Ended mandates

Najim Einauan

Director · until 18 juin 2007

Ended
Najmeddine Ferhat

Vice-chairman of the board of directors · until 18 juin 2007

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. 2008
    Annual accounts 2008-31,3 €
  2. 2007
    Annual accounts 2007-1,3 k €
  3. 27/10/2004
    IncorporationNon-profit organization