OPENING OF BANKRUPTCY

Buildsmart

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Company — Opening of bankruptcy.

Financial year 2023 · Closed on 30/06/2023

Net result-1,7 M €-37,5 %over 1 year
Gross margin-332,3 k €+57,4 %over 1 year
Equity-5 M €-519,7 %over 1 year
Workforce8,3 ETP

Identity

Source · BCE/KBO

Buildsmart is a Public limited company incorporated in 2006. Its main activity is: Agents involved in the sale of timber and building materials. Its registered office is in Rumst. It employs on average 8,3 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0881.044.763
Incorporation
02/05/2006
Legal form
Public limited company
Registered office
Doelhaagstraat 77 box 4
2840 Rumst · FlandreSee on map
Contributed capital
2 219 250,00 €
Latest accounts
30/06/2023
Average workforce
8,3 ETP
Joint committees (1)
  • 201
Signals
Healthy social debts

Financials

Source · NBB, 15 filings

Trend over 13 financial years

20232018201720162015
Income statement
Gross margin-332,3 k €-780,4 k €-668,7 k €-897 €-347,5 €
EBITDA-1,6 M €-975,7 k €-722 k €-897 €-606,5 €
Operating result-1,6 M €-1,1 M €-863,8 k €-897 €-606,5 €
Net result-1,7 M €-1,3 M €-888,7 k €-1,1 k €-1,2 k €
Balance sheet
Equity-5 M €-814,4 k €63,5 k €-27,8 k €-26,7 k €
Total assets810,1 k €922,6 k €1,3 M €77 €–
Cash36,4 k €73,9 k €21,3 k €77 €–
Debts5,9 M €1,7 M €1,2 M €27,9 k €26,7 k €
Other
Workforce8,3 ETP–1,0 ETP––

Board of directors

Source · NBB, accounts to 30/06/2023

1 active · 8 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Mike SCHUURMANS
Director24/12/2020 → 31/03/2028Managing director2019 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
D.T.0423.699.562Represented by Devrieze Ruben
Director2019 accounts
Degila0427.200.371Represented by Ruben Devrieze
Mandate2017 accounts
Franky Amant
Managing director2017 accountsManager2016 accounts

Other companies at this address

Doelhaagstraat 77 2840 Rumst
CompanyCBE no.
LEMAGRO● Active
0477.852.880
Limaco● Active
0539.855.676
LIMA EUROPE● Active
0473.072.760
ON SITE RENTAL● Active
0445.852.679
On Site Trucking● Active
0754.742.251
STUYVENCATEN● Active
0400.779.848

Full financial information

Source · NBB
202320212019201820172016
Type of accountAbridged modelAbridged modelMicro modelMicro modelAbridged modelAbridged model
Start of the financial year01/10/202101/01/202001/01/201901/01/201801/07/201601/07/2015
Closing of the financial year30/06/202330/09/202131/12/201931/12/201831/12/201730/06/2016
Length of the financial year21 months21 months12 months12 months18 months12 months
Filing date30/01/202431/03/202219/08/202027/11/201921/06/201816/04/2018
General meeting26/01/202425/03/202230/07/202025/11/201915/06/201830/09/2016
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 15 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202326/01/202430/01/2024DutchPDF
Abridged model30/09/202125/03/202231/03/2022DutchPDF
Micro model31/12/201930/07/202019/08/2020DutchPDF
Micro model31/12/201825/11/201927/11/2019DutchPDF
Abridged model31/12/201715/06/201821/06/2018DutchPDF
Abridged model30/06/201630/09/201616/04/2018DutchPDF
Abridged model30/06/201530/11/201506/01/2016DutchPDF
Abridged model30/06/201424/11/201430/12/2014DutchPDF
Abridged model30/06/201325/11/201330/12/2013DutchPDF
Abridged model30/06/201226/11/201227/12/2012DutchPDF
Abridged model30/06/201128/11/201104/05/2012DutchPDF
Abridged model30/06/201029/11/201024/04/2012DutchPDF
Abridged model30/06/200923/11/200929/01/2010DutchPDF
Abridged model30/06/200824/11/200809/01/2009DutchPDF
Abridged model30/06/200726/11/200703/12/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 30/06/2023

1 active · 8 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Mike SCHUURMANS
Director24/12/2020 → 31/03/2028Managing director2019 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
D.T.0423.699.562Represented by Devrieze Ruben
Director2019 accounts
Degila0427.200.371Represented by Ruben Devrieze
Mandate2017 accounts
Franky Amant
Managing director2017 accountsManager2016 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other07/10/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates19/01/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates30/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares30/12/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates13/09/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/06/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/05/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares07/02/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - KAPITAAL - AANDELEN
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings13 filings
Mandates
Mike SCHUURMANS
D.T.
Degila
Ruben Devrieze
Stephen Amant
Michel Quiquempoix
Guifeng Xiang
Franky Amant
Inge Geerts
20062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028
BuildsmartSTYLMARTFUNCARS
Doelhaagstraat 77 bte 4, 2840 Rumst
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Doelhaagstraat 77 bte 4, 2840 RumstCurrent
accounts 2023
Accounts 2023 · 2024-00012283

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
BuildsmartCurrent
accounts 2018 → 2023
Accounts 2023 · 2024-00012283
STYLMART
accounts 2016 → 2017
Accounts 2017 · 2018-23800592
FUNCARS
accounts 2007 → 2015
Accounts 2015 · 2016-00500391

Events

  1. 2023
    Annual accounts 2023-1,7 M €↓
  2. 2018
    Annual accounts 2018-1,3 M €↓
  3. 2018
    Name changeBuildsmart
  4. 2017
    Annual accounts 2017-888,7 k €↓
  5. 2016
    Annual accounts 2016-1,1 k €↑
  6. 2016
    Name changeSTYLMART
  7. 2015
    Annual accounts 2015-1,2 k €↓
  8. 2014
    Annual accounts 20142,9 k €↑
  9. 2013
    Annual accounts 2013-1,9 k €↑
  10. 2012
    Annual accounts 2012-3,1 k €↑
  11. 2011
    Annual accounts 2011-8,3 k €↑
  12. 2010
    Annual accounts 2010-24 k €↓
  13. 2009
    Annual accounts 200933,9 k €↑
  14. 2008
    Annual accounts 2008-27,2 k €↓
  15. 2007
    Annual accounts 2007-17,8 k €
  16. 02/05/2006
    IncorporationPublic limited company