TE - GROUP
0871.164.423 · rovalta.com · 22/09/2026
OPENING OF BANKRUPTCY
TE - GROUP
Financial year 2020 · closed on 31/12/2020
Net result
-1,1 M €
-49.4% YoY
Revenue
4,2 M €
-33.5% YoY
Equity
715,5 k €
-59.8% YoY
Workforce
9,4 ETP
+1.1% YoY
Company — Opening of bankruptcy.
Overview
What does TE - GROUP do?
TE - GROUP is a Public limited company incorporated in 2005. Its main activity is: Wholesale of electrical household appliances. Its registered office is in Brasschaat. It employs on average 9,4 ETP workers (FTE).
Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0871.164.423
Incorporation
12/01/2005
Legal form
Public limited company
Registered office
Ruiterijschool 6
2930 Brasschaat · FlandreSee on map
2930 Brasschaat · FlandreSee on map
Contributed capital
2 320 000,00 €
Latest accounts
31/12/2020
Average workforce
9,4 ETP
Activities (NACE)
46431Wholesale of electrical household appliances· main46431Wholesale of electrical household appliances51900Air transport26510Manufacture of instruments and appliances for measuring, testing and navigation26510Manufacture of instruments and appliances for measuring, testing and navigation33201Installation of industrial machinery and equipment+2
Joint committees (3)
- 14901
- 200
- 218
Signals
Good liquidityHealthy social debtsHigh revenue
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Financials
Trend over 15 financial years
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||
| Revenue | 4,2 M € | -33.5% | 6,3 M € | -29.4% | 8,9 M € | -40.4% | 14,9 M € | +17.4% | 12,7 M € | +5.1% | 12 M € | +42.4% | 8,5 M € | +64.2% | 5,2 M € | – | – | – | – | 4,1 M € | -32.1% | 6 M € | -27.7% | 8,3 M € | |||||
| EBITDA | -999,9 k € | -63.5% | -611,6 k € | -270% | 359,2 k € | -58.8% | 872,5 k € | -4.5% | 913,7 k € | -16.9% | 1,1 M € | +73.4% | 634,1 k € | +9.6% | 578,6 k € | -29.1% | 816,1 k € | +29.7% | 629,4 k € | +1093% | -63,4 k € | -507% | 15,6 k € | +104% | -374,6 k € | -152% | 714,8 k € | +15.1% | 621,2 k € |
| Operating result | -1 M € | -53.5% | -653,1 k € | -341% | 271,5 k € | -23.8% | 356,4 k € | -51.6% | 736,7 k € | -20.2% | 923,2 k € | +116% | 427,8 k € | +665% | -75,8 k € | -111% | 675,9 k € | +36.1% | 496,7 k € | +271% | -290,9 k € | +30.3% | -417,2 k € | +55.7% | -942,9 k € | -5156% | 18,6 k € | -66.6% | 55,8 k € |
| Net result | -1,1 M € | -49.4% | -712,1 k € | -778% | 105 k € | -53.5% | 225,7 k € | -55.3% | 505,2 k € | -15.7% | 599,2 k € | +151% | 238,3 k € | +162% | -382,7 k € | -163% | 608,9 k € | +27.4% | 477,8 k € | +235% | -354,3 k € | +29.2% | -500,7 k € | +54.9% | -1,1 M € | -566% | -166,6 k € | -12.1% | -148,6 k € |
| Balance sheet | |||||||||||||||||||||||||||||
| Equity | 715,5 k € | -59.8% | 1,8 M € | -28.6% | 2,5 M € | +4.4% | 2,4 M € | +10.4% | 2,2 M € | -18.6% | 2,7 M € | +29.1% | 2,1 M € | +13.1% | 1,8 M € | -17.4% | 2,2 M € | +38.3% | 1,6 M € | +42.9% | 1,1 M € | -24.1% | 1,5 M € | -25.4% | 2 M € | -36.0% | 3,1 M € | -5.1% | 3,2 M € |
| Total assets | 3,1 M € | -39.2% | 5,1 M € | -3.2% | 5,3 M € | -7.0% | 5,7 M € | -29.1% | 8 M € | +20.1% | 6,7 M € | +15.7% | 5,8 M € | +6.1% | 5,5 M € | +2.0% | 5,3 M € | +9.4% | 4,9 M € | +12.8% | 4,3 M € | -4.6% | 4,5 M € | -18.9% | 5,6 M € | -13.2% | 6,4 M € | +5.5% | 6,1 M € |
| Cash | 32 k € | +11.5% | 28,7 k € | -53.6% | 62 k € | +1176% | 4,9 k € | -95.3% | 103,1 k € | +2477% | 4 k € | -64.5% | 11,3 k € | -91.4% | 131,6 k € | -26.5% | 179 k € | +403% | 35,6 k € | -58.4% | 85,6 k € | +57.2% | 54,4 k € | +326% | 12,8 k € | +24.0% | 10,3 k € | -2.2% | 10,5 k € |
| Debts | 2,4 M € | -28.5% | 3,3 M € | +18.8% | 2,8 M € | -15.2% | 3,3 M € | -43.7% | 5,9 M € | +47.9% | 4 M € | +6.5% | 3,7 M € | +2.6% | 3,6 M € | +15.7% | 3,1 M € | -4.7% | 3,3 M € | +2.5% | 3,2 M € | +4.6% | 3,1 M € | -15.2% | 3,6 M € | +9.0% | 3,3 M € | +16.7% | 2,8 M € |
| Other | |||||||||||||||||||||||||||||
| Workforce | 9,4 ETP | +1.1% | 9,3 ETP | +5.7% | 8,8 ETP | +22.2% | 7,2 ETP | +10.8% | 6,5 ETP | +12.1% | 5,8 ETP | -25.6% | 7,8 ETP | -12.4% | 8,9 ETP | +2.3% | 8,7 ETP | -13.9% | 10,1 ETP | -9.8% | 11,2 ETP | -13.2% | 12,9 ETP | -9.2% | 14,2 ETP | -11.3% | 16,0 ETP | +9.6% | 14,6 ETP |
Governance
Board of directors
Seen on filing of 31/12/2020 · 2 active · 18 ended
Active mandates
Céline Van Oosterum
ActiveActive
Ended mandates
At this address
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|---|---|
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Het Veld● Active | 1036.718.677 |
OVERSEAS DISTRIBUTION AFRICA● Active | 0459.988.351 |
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SENSE INVEST● Active | 0444.231.195 |
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VULPIAFIN● Active | 0501.996.873 |
Vulpia Finishing● Active | 0841.820.438 |
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Financials
Annual accounts
Full financial information
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2020 | 01/01/2019 | 01/01/2018 | 01/01/2017 | 01/01/2016 | 01/01/2015 |
| Closing of the financial year | 31/12/2020 | 31/12/2019 | 31/12/2018 | 31/12/2017 | 31/12/2016 | 31/12/2015 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 13/09/2021 | 30/10/2020 | 30/08/2019 | 28/08/2018 | 28/06/2017 | 30/09/2016 |
| General meeting | 09/06/2021 | 28/10/2020 | 12/06/2019 | 13/06/2018 | 14/06/2017 | 25/09/2016 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
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Try for 7 daysFilings
Annual accounts filings
15 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2020 | 09/06/2021 | 13/09/2021 | Dutch | |
| Full model | 31/12/2019 | 28/10/2020 | 30/10/2020 | Dutch | |
| Full model | 31/12/2018 | 12/06/2019 | 30/08/2019 | Dutch | |
| Full model | 31/12/2017 | 13/06/2018 | 28/08/2018 | Dutch | |
| Full model | 31/12/2016 | 14/06/2017 | 28/06/2017 | Dutch | |
| Full model | 31/12/2015 | 25/09/2016 | 30/09/2016 | Dutch | |
| Full model | 31/12/2014 | 25/09/2015 | 30/09/2015 | Dutch | |
| Full model | 31/12/2013 | 20/08/2014 | 30/09/2014 | Dutch | |
| Abridged model | 31/12/2012 | 12/06/2013 | 26/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 10/09/2012 | 26/09/2012 | Dutch | |
| Abridged model | 31/12/2010 | 08/06/2011 | 22/08/2011 | Dutch | |
| Abridged model | 31/12/2009 | 17/09/2010 | 20/10/2010 | Dutch | |
| Full model | 31/12/2008 | 31/08/2009 | 22/10/2009 | Dutch | |
| Full model | 31/12/2007 | 31/08/2008 | 30/09/2008 | Dutch | |
| Full model | 31/12/2006 | 29/06/2007 | 24/08/2007 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2020 · 2 active · 18 ended
Active mandates
Céline Van Oosterum
ActiveActive
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Registered office12/01/2022MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
- Mandates08/09/2017ONTSLAGEN - BENOEMINGEN
- Mandates05/04/2017ONTSLAGEN - BENOEMINGEN
- Mandates18/04/2016ONTSLAGEN - BENOEMINGEN
- Capital / shares16/02/2016KAPITAAL - AANDELEN
- Mandates18/09/2015ONTSLAGEN - BENOEMINGEN
- Mandates16/10/2014ONTSLAGEN - BENOEMINGEN
- Mandates27/10/2010ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2020Annual accounts 2020-1,1 M €↓
- 2019Annual accounts 2019-712,1 k €↓
- 2018Annual accounts 2018105 k €↓
- 2017Annual accounts 2017225,7 k €↓
- 2016Annual accounts 2016505,2 k €↓
- 2015Annual accounts 2015599,2 k €↑
- 2014Annual accounts 2014238,3 k €↑
- 2013Annual accounts 2013-382,7 k €↓
- 2012Annual accounts 2012608,9 k €↑
- 2011Annual accounts 2011477,8 k €↑
- 2010Annual accounts 2010-354,3 k €↑
- 2009Annual accounts 2009-500,7 k €↑
- 2008Annual accounts 2008-1,1 M €↓
- 2007Annual accounts 2007-166,6 k €↓
- 2006Annual accounts 2006-148,6 k €
- 12/01/2005IncorporationPublic limited company