OPENING OF BANKRUPTCY

VERTICAL WORKS

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Financial year 2016 · closed on 31/12/2016

Net result

-77,4 k €

-1978.6% YoY

Gross margin

458,7 k €

-11.3% YoY

Equity

183,6 k €

-29.9% YoY

Workforce

9,2 ETP

-9.8% YoY

Company — Opening of bankruptcy.

What does VERTICAL WORKS do?

VERTICAL WORKS is a Private company with limited liability incorporated in 2005. Its main activity is: Other specialised construction activities n.e.c.. Its registered office is in Stavelot. It employs on average 9,2 ETP workers (FTE).

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0871.967.543

Incorporation

15/02/2005

Legal form

Private company with limited liability

Registered office

Rue Saint Laurent 11
4970 Stavelot · WallonieSee on map

Latest accounts

31/12/2016

Average workforce

9,2 ETP

Activities (NACE)

43990Other specialised construction activities n.e.c.· main 43999Other specialised construction activities n.e.c.45250Maintenance and repair of motor vehicles 42110Construction of roads and motorways 42110Construction of roads and motorways 81300Landscape service activities+1

Joint committees (1)

Signals

Positive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 11 financial years

	2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	458,7 k €	-11.3%	517,1 k €	+2.6%	504,2 k €	+70.5%	295,7 k €	-21.6%	376,9 k €	-31.9%	553,8 k €	+66.2%	333,3 k €	+67.8%	198,6 k €	+8.4%	183,2 k €	+599%	26,2 k €	-70.3%	88,3 k €
EBITDA	18,6 k €	-84.9%	123 k €	+17.2%	104,9 k €	+31.4%	79,8 k €	+184%	-94,9 k €	-246%	65,2 k €	-54.0%	141,8 k €	-13.5%	163,8 k €	-5.7%	173,8 k €	+2129%	7,8 k €	-83.5%	47,1 k €
Operating result	-23,8 k €	-126%	91,9 k €	+23.8%	74,3 k €	+60.1%	46,4 k €	+136%	-127,3 k €	-431%	38,4 k €	-66.9%	116,1 k €	-1.3%	117,6 k €	-16.9%	141,6 k €	+678%	-24,5 k €	-226%	19,4 k €
Net result	-77,4 k €	-1979%	4,1 k €	+157%	1,6 k €	-94.4%	28,4 k €	+115%	-184,1 k €	-912%	22,7 k €	-67.1%	68,9 k €	-6.4%	73,5 k €	-14.7%	86,2 k €	+318%	-39,5 k €	-307%	19,1 k €
Balance sheet
Equity	183,6 k €	-29.9%	261,8 k €	+64.5%	159,1 k €	+0.0%	159,1 k €	+21.0%	131,5 k €	-58.4%	316,5 k €	+23.9%	255,5 k €	+36.9%	186,6 k €	+65.0%	113,1 k €	+321%	26,8 k €	-59.5%	66,4 k €
Total assets	1,2 M €	-6.3%	1,3 M €	+15.1%	1,1 M €	+2.1%	1,1 M €	+3.7%	1,1 M €	-2.0%	1,1 M €	+99.6%	555 k €	+7.6%	515,9 k €	+82.1%	283,3 k €	+104%	138,7 k €	+5.7%	131,2 k €
Cash	4,1 k €	-30.9%	5,9 k €	+87.5%	3,1 k €	-72.0%	11,2 k €	-68.4%	35,5 k €	-63.9%	98,5 k €	+319%	23,5 k €		–		16,6 k €	+54.0%	10,8 k €		–
Debts	967,9 k €	-1.2%	979,2 k €	+7.8%	908,4 k €	+2.1%	890,1 k €	-6.7%	953,8 k €	+20.5%	791,5 k €	+164%	299,6 k €	-9.0%	329,3 k €	+93.8%	169,9 k €	+55.5%	109,3 k €	+82.3%	59,9 k €
Other
Workforce	9,2 ETP	-9.8%	10,2 ETP	+14.6%	8,9 ETP	+89.4%	4,7 ETP	-51.0%	9,6 ETP	-36.8%	15,2 ETP	+87.7%	8,1 ETP	+326%	1,9 ETP		–		0,5 ETP	-50.0%	1,0 ETP

Governance

Board of directors

Seen on filing of 31/12/2016 · 1 active · 1 ended

Active mandates

A.L.L. Invest

Manager · since 04 avril 2014 · 0439.364.468

Represented by Louis De Valensart

Active

Ended mandates

Pedro Bowman De Almeida

Manager

Ended

Annual accounts

Full financial information

	2016	2015	2014	2013	2012	2011
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2016	01/01/2015	01/01/2014	01/01/2013	01/01/2012	01/01/2011
Closing of the financial year	31/12/2016	31/12/2015	31/12/2014	31/12/2013	31/12/2012	31/12/2011
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	25/08/2017	25/07/2016	23/06/2015	12/06/2014	26/08/2013	27/09/2012
General meeting	16/06/2017	17/06/2016	19/06/2015	04/04/2014	21/06/2013	15/06/2012
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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Filings

Annual accounts filings

12 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2016	16/06/2017	25/08/2017	Dutch	PDF
Abridged model	31/12/2015	17/06/2016	25/07/2016	Dutch	PDF
Abridged model	31/12/2014	19/06/2015	23/06/2015	Dutch	PDF
Abridged model	31/12/2013	04/04/2014	12/06/2014	Dutch	PDF
Abridged model	31/12/2012	21/06/2013	26/08/2013	Dutch	PDF
Abridged modelCorrection	31/12/2011	15/06/2012	27/09/2012	Dutch	PDF
Abridged model	31/12/2011	15/06/2012	28/08/2012	Dutch	PDF
Abridged model	31/12/2010	17/06/2011	10/08/2011	Dutch	PDF
Abridged model	31/12/2009	18/06/2010	20/09/2010	Dutch	PDF
Abridged model	31/12/2008	19/06/2009	20/07/2009	Dutch	PDF
Abridged model	31/12/2007	20/06/2008	23/07/2008	Dutch	PDF
Abridged model	31/12/2006	20/06/2007	28/08/2007	Dutch	PDF

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 31/12/2016 · 1 active · 1 ended

Active mandates

A.L.L. Invest

Manager · since 04 avril 2014 · 0439.364.468

Represented by Louis De Valensart

Active

Ended mandates

Pedro Bowman De Almeida

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/12/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates31/01/2017
DEMISSIONS, NOMINATIONS
PDF
Registered office18/08/2015
MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates06/11/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/12/2007
ONTSLAGEN - BENOEMINGEN
PDF
Other16/11/2006
DIVERSEN
PDF
Other28/02/2005
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

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2016
Annual accounts 2016-77,4 k €↓
2015
Annual accounts 20154,1 k €↑
2014
Annual accounts 20141,6 k €↓
2013
Annual accounts 201328,4 k €↑
2012
Annual accounts 2012-184,1 k €↓
2011
Annual accounts 201122,7 k €↓
2010
Annual accounts 201068,9 k €↓
2009
Annual accounts 200973,5 k €↓
2008
Annual accounts 200886,2 k €↑
2007
Annual accounts 2007-39,5 k €↓
2006
Annual accounts 200619,1 k €
15/02/2005
IncorporationPrivate company with limited liability

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

VERTICAL WORKS

Overview

What does VERTICAL WORKS do?

Trend over 11 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline