OPENING OF BANKRUPTCY

MOTREC

Financial year 2014 · closed on 30/09/2014
Net result
-620,9 k €
+52.0% YoY
Gross margin
-318,3 k €
+46.4% YoY
Equity
-2,2 M €
-39.4% YoY
Workforce
8,5 ETP
-15.0% YoY

Company — Opening of bankruptcy.

What does MOTREC do?

MOTREC is a Private company with limited liability incorporated in 2006. Its main activity is: Treatment and disposal of non-hazardous waste. Its registered office is in Oostende. It employs on average 8,5 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0879.117.433
Incorporation
31/01/2006
Legal form
Private company with limited liability
Registered office
Pottenbakkersstraat 11 box B3
8400 Oostende · FlandreSee on map
Latest accounts
30/09/2014
Average workforce
8,5 ETP
Joint committees (2)
  • 14201
  • 218
Signals
Healthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20142013201220112010200820072006
Income statement
Gross margin-318,3 k €-593,3 k €-35,7 k €181,3 k €38 k €-1,8 k €-1,6 k €-3,9 k €
EBITDA-715,8 k €-1,1 M €-276 k €41 k €30,4 k €-3 k €-1,9 k €-3,9 k €
Operating result-721,6 k €-1,2 M €-295,1 k €1,2 k €-8,4 k €-3,7 k €-2,6 k €-4,5 k €
Net result-620,9 k €-1,3 M €-262,4 k €8,8 k €-13,7 k €-3,7 k €-2,6 k €-4,5 k €
Balance sheet
Equity-2,2 M €-1,6 M €-271,3 k €-8,8 k €-17,6 k €-3,9 k €-178,9 €2,5 k €
Total assets1,8 M €1,3 M €2,3 M €485 k €515,4 k €5 k €5,4 k €7,8 k €
Cash11,8 k €3,6 k €6,7 k €2,3 k €38,3 k €341 €48,9 €153 €
Debts4 M €2,9 M €2,6 M €493,8 k €533,1 k €8,8 k €5,6 k €5,3 k €
Other
Workforce8,5 ETP10,0 ETP7,8 ETP3,6 ETP0,2 ETP
Governance

Board of directors

Seen on filing of 30/09/2014 · 1 active · 5 ended

Active mandates

Eddy Vanden Broele

Manager · since 22 décembre 2009

Active

Ended mandates

Arie Zwart

Manager · since 31 janvier 2006

Ended
Sylvia Zwart

Manager · since 31 janvier 2006

Ended
Arie Zwart

Manager

Ended
Eddy Vanden Broele

Manager

Ended
At this address

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Annual accounts

Full financial information

201420132012201120102008
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/201301/10/201201/10/201101/10/201001/01/200901/01/2008
Closing of the financial year30/09/201430/09/201330/09/201230/09/201130/09/201031/12/2008
Length of the financial year12 months12 months12 months12 months21 months12 months
Filing date31/03/201531/03/201419/04/201302/04/201217/05/201103/08/2009
General meeting27/03/201528/03/201429/03/201330/03/201222/04/201110/07/2009
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/201427/03/201531/03/2015DutchPDF
Abridged model30/09/201328/03/201431/03/2014DutchPDF
Abridged model30/09/201229/03/201319/04/2013DutchPDF
Abridged model30/09/201130/03/201202/04/2012DutchPDF
Abridged model30/09/201022/04/201117/05/2011DutchPDF
Abridged model31/12/200810/07/200903/08/2009DutchPDF
Abridged model31/12/200728/05/200928/05/2009DutchPDF
Abridged model31/12/200620/05/200928/05/2009DutchPDF
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 30/09/2014 · 1 active · 5 ended

Active mandates

Eddy Vanden Broele

Manager · since 22 décembre 2009

Active

Ended mandates

Arie Zwart

Manager · since 31 janvier 2006

Ended
Sylvia Zwart

Manager · since 31 janvier 2006

Ended
Arie Zwart

Manager

Ended
Eddy Vanden Broele

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office29/12/2011
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates11/01/2010
    BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Other24/02/2006
    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.

See the Business plan

Timeline

  1. 2014
    Annual accounts 2014-620,9 k €
  2. 2013
    Annual accounts 2013-1,3 M €
  3. 2012
    Annual accounts 2012-262,4 k €
  4. 2011
    Annual accounts 20118,8 k €
  5. 2010
    Annual accounts 2010-13,7 k €
  6. 2010
    Name changeMOTREC
  7. 2008
    Annual accounts 2008-3,7 k €
  8. 2007
    Annual accounts 2007-2,6 k €
  9. 2006
    Annual accounts 2006-4,5 k €
  10. 31/01/2006
    IncorporationPrivate company with limited liability
  11. 2006
    Name changeNASCHOOLS HUISWERK CENTRUM