OPENING OF BANKRUPTCY

ZYPHY

Financial year 2018 · closed on 30/12/2018
Net result
51,4 k €
+24.4% YoY
Gross margin
1,2 M €
+0.1% YoY
Equity
-55,6 k €
+48.0% YoY
Workforce
20,9 ETP
-0.5% YoY

Company — Opening of bankruptcy.

What does ZYPHY do?

ZYPHY is a Public limited company incorporated in 2006. Its main activity is: Joinery installation. Its registered office is in Bilzen-Hoeselt. It employs on average 20,9 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0880.636.670
Incorporation
11/04/2006
Legal form
Public limited company
Registered office
Caetsbeekstraat 13
3740 Bilzen-Hoeselt · FlandreSee on map
Latest accounts
30/12/2018
Average workforce
20,9 ETP
Joint committees (1)
  • 124
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

201820172016201420132012201120082007
Income statement
Gross margin1,2 M €1,2 M €1,9 M €513,2 k €479,1 k €335,4 k €279,6 k €138,1 k €170,1 k €
EBITDA175,3 k €183,8 k €29,6 k €104 k €48,9 k €-18,2 k €38,2 k €-29,6 k €33,1 k €
Operating result94,8 k €106,6 k €-145,6 k €79,5 k €21,5 k €-36,5 k €23,3 k €-60,9 k €-11,1 k €
Net result51,4 k €41,3 k €-274 k €23,5 k €19,2 k €-47,6 k €12 k €-72,6 k €-16,8 k €
Balance sheet
Equity-55,6 k €-107 k €-148,4 k €36,9 k €13,4 k €-105,9 k €-58,3 k €-27,4 k €45,2 k €
Total assets1,6 M €1,4 M €1,4 M €622,2 k €556,3 k €413 k €284 k €293,3 k €310,3 k €
Cash4,9 k €62 k €25,5 k €3,8 k €32,5 k €9,2 k €53,4 k €10,2 k €26,5 k €
Debts1,6 M €1,5 M €1,6 M €584,8 k €542,2 k €486,2 k €342,3 k €320,6 k €265,1 k €
Other
Workforce20,9 ETP21,0 ETP16,5 ETP10,6 ETP10,8 ETP7,7 ETP5,5 ETP5,3 ETP2,8 ETP
Governance

Board of directors

Seen on filing of 30/12/2018 · 2 active · 14 ended

Active mandates

Martens Wim

Managing director · since 26 février 2018 · until 26 février 2024

Active
FABRYCO

Director · since 12 mars 2013 · until 12 mars 2019 · 0465.926.038

Represented by Niels Fabry

Active

Ended mandates

FABRYCO

Director · since 12 mars 2013 · until 07 mars 2019 · 0465.926.038

Represented by Niels Fabry

Ended
Manet Management in Motion

Director · since 12 mars 2013 · until 07 mars 2019 · 0835.186.232

Represented by Peter Manet

Ended
Manet Management in Motion

Director · since 12 mars 2013 · until 07 mars 2019 · 0835.186.232

Represented by Peter Manet

Ended
NEXIM

Director · since 01 mars 2012 · until 12 mars 2013 · 0886.231.887

Ended
At this address

Other companies at this address

CompanyCBE no.
2012Bankrupt
0846.369.144
SAIDOActive
1000.098.704
TERRARIUMBankrupt
0841.621.686
Annual accounts

Full financial information

201820172016201420132012
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year31/12/201731/12/201601/01/201501/01/201401/01/201301/01/2012
Closing of the financial year30/12/201830/12/201730/12/201631/12/201431/12/201331/12/2012
Length of the financial year13 months13 months24 months12 months12 months12 months
Filing date05/04/201926/02/201812/03/201824/03/201523/05/201428/06/2013
General meeting12/03/201923/02/201805/06/201705/03/201506/03/201407/03/2013
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/12/201812/03/201905/04/2019DutchPDF
Abridged model30/12/201723/02/201826/02/2018DutchPDF
Abridged model30/12/201605/06/201712/03/2018DutchPDF
Abridged model31/12/201405/03/201524/03/2015DutchPDF
Abridged model31/12/201306/03/201423/05/2014DutchPDF
Abridged model31/12/201207/03/201328/06/2013DutchPDF
Abridged model31/12/201101/03/201216/04/2012DutchPDF
Abridged model31/12/201024/03/201105/04/2011DutchPDF
Abridged model31/12/200904/03/201005/04/2011DutchPDF
Abridged model31/12/200805/03/200901/09/2009DutchPDF
Abridged model31/12/200706/03/200830/09/2008DutchPDF
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 30/12/2018 · 2 active · 14 ended

Active mandates

Martens Wim

Managing director · since 26 février 2018 · until 26 février 2024

Active
FABRYCO

Director · since 12 mars 2013 · until 12 mars 2019 · 0465.926.038

Represented by Niels Fabry

Active

Ended mandates

FABRYCO

Director · since 12 mars 2013 · until 07 mars 2019 · 0465.926.038

Represented by Niels Fabry

Ended
Manet Management in Motion

Director · since 12 mars 2013 · until 07 mars 2019 · 0835.186.232

Represented by Peter Manet

Ended
Manet Management in Motion

Director · since 12 mars 2013 · until 07 mars 2019 · 0835.186.232

Represented by Peter Manet

Ended
NEXIM

Director · since 01 mars 2012 · until 12 mars 2013 · 0886.231.887

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/10/2019
    BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/05/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/07/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other23/06/2016
    BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Restructuring25/08/2015
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other23/06/2015
    ALGEMENE VERGADERING
    PDF
  • Restructuring23/06/2015
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Registered office09/12/2014
    MAATSCHAPPELIJKE ZETEL
    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. 2018
    Annual accounts 201851,4 k €
  2. 2017
    Annual accounts 201741,3 k €
  3. 2016
    Annual accounts 2016-274 k €
  4. 2014
    Annual accounts 201423,5 k €
  5. 2013
    Annual accounts 201319,2 k €
  6. 2012
    Annual accounts 2012-47,6 k €
  7. 2011
    Annual accounts 201112 k €
  8. 2008
    Annual accounts 2008-72,6 k €
  9. 2007
    Annual accounts 2007-16,8 k €
  10. 11/04/2006
    IncorporationPublic limited company