ACTIVE

Ethercentrum

Financial year 2017 · closed on 31/12/2017
Net result
13,9 k €
-17.1% YoY
Gross margin
230,4 k €
-38.3% YoY
Equity
-28,2 k €
+33.0% YoY
Workforce
3,9 ETP
-38.1% YoY

What does Ethercentrum do?

Ethercentrum is a Non-profit organization incorporated in 2005. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Gent. It employs on average 3,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0877.091.618
Incorporation
04/10/2005
Legal form
Non-profit organization
Registered office
Holstraat 21
9000 Gent · FlandreSee on map
Latest accounts
31/12/2017
Average workforce
3,9 ETP
Joint committees (1)
  • 32901
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2017201620152014201320122011201020092008
Income statement
Gross margin230,4 k €373,1 k €314,2 k €336,9 k €337,6 k €404,2 k €321,6 k €357,3 k €294,2 k €225,3 k €
EBITDA17,7 k €22,8 k €28,1 k €57,7 k €52,5 k €14 k €-80,5 k €10,1 k €9,2 k €1,1 k €
Operating result15,4 k €18,7 k €23,8 k €33,3 k €20,8 k €-18,7 k €-81,8 k €5 k €3,8 k €-4 k €
Net result13,9 k €16,7 k €22,4 k €25,1 k €12,3 k €-34,6 k €-90,9 k €1,9 k €511,6 €-3,5 k €
Balance sheet
Equity-28,2 k €-42 k €-58,7 k €-81,1 k €-106,3 k €-118,6 k €-84 k €7 k €5,1 k €4,8 k €
Total assets128,7 k €126,3 k €200,2 k €221 k €154,2 k €217,3 k €255,5 k €321,2 k €90,2 k €65,1 k €
Cash46 k €27,5 k €75,5 k €72,4 k €4,5 k €2,2 k €56,9 k €52,9 k €22,7 k €9,8 k €
Debts147,8 k €145,4 k €155,1 k €197,6 k €211,1 k €329,6 k €284,9 k €128,7 k €82,5 k €53,1 k €
Other
Workforce3,9 ETP6,3 ETP5,7 ETP5,1 ETP5,2 ETP6,6 ETP8,1 ETP7,3 ETP6,9 ETP4,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2017 · 3 active · 17 ended

Active mandates

Jan D'Hont

Mandate · since 03 février 2017

Active
Sven DE CONINCK

Managing director · since 19 juin 2013

Active
Wim DE WAELE

Mandate · since 19 juin 2013

Active

Ended mandates

Jan STAES

Director · since 19 juin 2013 · until 03 février 2017

Ended
Universiteit Gent

Director · since 19 juin 2013 · until 03 février 2017 · 0248.015.142

Represented by Kristof De Moor

Ended
Wies CALLENS

Mandate · since 19 juin 2013 · until 03 février 2017

Ended
Erwin DECKERS

Director

Ended
At this address

Other companies at this address

CompanyCBE no.
0443.088.674
Annual accounts

Full financial information

201720162015201420132012
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/201701/01/201601/01/201501/01/201401/01/201301/01/2012
Closing of the financial year31/12/201731/12/201631/12/201531/12/201431/12/201331/12/2012
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date12/04/201811/07/201724/05/201620/04/201501/07/201429/04/2013
General meeting29/03/201827/04/201706/05/201624/03/201511/06/201426/04/2013
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/201729/03/201812/04/2018DutchPDF
Abridged model31/12/201627/04/201711/07/2017DutchPDF
Abridged model31/12/201506/05/201624/05/2016DutchPDF
Abridged model31/12/201424/03/201520/04/2015DutchPDF
Abridged model31/12/201311/06/201401/07/2014DutchPDF
Abridged model31/12/201226/04/201329/04/2013DutchPDF
Abridged model31/12/201123/03/201224/04/2012DutchPDF
Abridged model31/12/201025/03/201126/04/2011DutchPDF
Abridged model31/12/200925/03/201028/06/2010DutchPDF
Abridged model31/12/200810/06/200926/03/2010DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 31/12/2017 · 3 active · 17 ended

Active mandates

Jan D'Hont

Mandate · since 03 février 2017

Active
Sven DE CONINCK

Managing director · since 19 juin 2013

Active
Wim DE WAELE

Mandate · since 19 juin 2013

Active

Ended mandates

Jan STAES

Director · since 19 juin 2013 · until 03 février 2017

Ended
Universiteit Gent

Director · since 19 juin 2013 · until 03 février 2017 · 0248.015.142

Represented by Kristof De Moor

Ended
Wies CALLENS

Mandate · since 19 juin 2013 · until 03 février 2017

Ended
Erwin DECKERS

Director

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. 2017
    Annual accounts 201713,9 k €
  2. 2016
    Annual accounts 201616,7 k €
  3. 2015
    Annual accounts 201522,4 k €
  4. 2014
    Annual accounts 201425,1 k €
  5. 2013
    Annual accounts 201312,3 k €
  6. 2012
    Annual accounts 2012-34,6 k €
  7. 2011
    Annual accounts 2011-90,9 k €
  8. 2010
    Annual accounts 20101,9 k €
  9. 2009
    Annual accounts 2009511,6 €
  10. 2008
    Annual accounts 2008-3,5 k €
  11. 04/10/2005
    IncorporationNon-profit organization