OPENING OF BANKRUPTCY

Buildsmart

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Financial year 2023 · closed on 30/06/2023

Net result

-1,7 M €

-37.5% YoY

Gross margin

-332,3 k €

+57.4% YoY

Equity

-5 M €

-519.7% YoY

Workforce

8,3 ETP

Company — Opening of bankruptcy.

What does Buildsmart do?

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

Activities (NACE)

46130Agents involved in the sale of timber and building materials· main 46130Agents involved in the sale of timber and building materials

Joint committees (1)

Signals

Healthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2023		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	-332,3 k €	+57.4%	-780,4 k €	-16.7%	-668,7 k €	-74452%	-897 €	-158%	-347,5 €	-110%	3,6 k €	+802%	-508,9 €	+63.1%	-1,4 k €	+6.3%	-1,5 k €	+79.3%	-7,1 k €	-116%	44,9 k €	+332%	-19,4 k €	-23.7%	-15,7 k €
EBITDA	-1,6 M €	-67.2%	-975,7 k €	-35.1%	-722 k €	-80393%	-897 €	-47.9%	-606,5 €	-117%	3,6 k €	+802%	-508,9 €	+76.6%	-2,2 k €	+65.9%	-6,4 k €	+20.8%	-8 k €	-118%	43,9 k €	+296%	-22,4 k €	-42.1%	-15,7 k €
Operating result	-1,6 M €	-54.7%	-1,1 M €	-23.1%	-863,8 k €	-96202%	-897 €	-47.9%	-606,5 €	-117%	3,6 k €	+364%	-1,4 k €	+55.2%	-3 k €	+62.9%	-8,1 k €	+17.0%	-9,8 k €	-128%	35,1 k €	+242%	-24,7 k €	-39.3%	-17,7 k €
Net result	-1,7 M €	-37.5%	-1,3 M €	-42.1%	-888,7 k €	-81206%	-1,1 k €	+10.3%	-1,2 k €	-142%	2,9 k €	+248%	-1,9 k €	+37.0%	-3,1 k €	+62.9%	-8,3 k €	+65.3%	-24 k €	-171%	33,9 k €	+225%	-27,2 k €	-52.8%	-17,8 k €
Balance sheet
Equity	-5 M €	-520%	-814,4 k €	-1383%	63,5 k €	+328%	-27,8 k €	-4.1%	-26,7 k €	-4.8%	-25,5 k €	+10.2%	-28,4 k €	-7.3%	-26,5 k €	-13.2%	-23,4 k €	-55.2%	-15,1 k €	-269%	8,9 k €	+136%	-25 k €	-1237%	2,2 k €
Total assets	810,1 k €	-12.2%	922,6 k €	-27.5%	1,3 M €	+1652684%	77 €		–		–		10,9 k €	-7.2%	11,7 k €	-14.4%	13,7 k €	-39.0%	22,4 k €	-70.1%	75 k €	-30.9%	108,6 k €	+79.8%	60,4 k €
Cash	36,4 k €	-50.8%	73,9 k €	+247%	21,3 k €	+27510%	77 €		–		–		–		–		1,1 k €	-80.9%	5,6 k €	-77.4%	25 k €		0 €		0 €
Debts	5,9 M €	+237%	1,7 M €	+43.7%	1,2 M €	+4232%	27,9 k €	+4.4%	26,7 k €	+4.8%	25,5 k €	-35.0%	39,3 k €	+2.9%	38,2 k €	+3.0%	37,1 k €	-1.2%	37,5 k €	-43.3%	66,1 k €	-50.3%	133 k €	+128%	58,2 k €
Other
Workforce	8,3 ETP		–		1,0 ETP		–		–		–		–		–		–		–		–		–		–

Governance

Board of directors

Seen on filing of 30/06/2023 · 1 active · 11 ended

Active mandates

Mike SCHUURMANS

Director · since 24 décembre 2020 · until 31 mars 2028

Active

Ended mandates

D.T.

Director · 0423.699.562

Represented by Devrieze Ruben

Ended

Degila

Mandate · 0427.200.371

Represented by Ruben Devrieze

Ended

Franky Amant

Managing director

Ended

Franky Amant

Manager

Ended

At this address

Other companies at this address

Company	CBE 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

Annual accounts

Full financial information

	2023	2021	2019	2018	2017	2016
Type of account	Abridged model	Abridged model	Micro model	Micro model	Abridged model	Abridged model
Start of the financial year	01/10/2021	01/01/2020	01/01/2019	01/01/2018	01/07/2016	01/07/2015
Closing of the financial year	30/06/2023	30/09/2021	31/12/2019	31/12/2018	31/12/2017	30/06/2016
Length of the financial year	21 months	21 months	12 months	12 months	18 months	12 months
Filing date	30/01/2024	31/03/2022	19/08/2020	27/11/2019	21/06/2018	16/04/2018
General meeting	26/01/2024	25/03/2022	30/07/2020	25/11/2019	15/06/2018	30/09/2016
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

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2023	26/01/2024	30/01/2024	Dutch	PDF
Abridged model	30/09/2021	25/03/2022	31/03/2022	Dutch	PDF
Micro model	31/12/2019	30/07/2020	19/08/2020	Dutch	PDF
Micro model	31/12/2018	25/11/2019	27/11/2019	Dutch	PDF
Abridged model	31/12/2017	15/06/2018	21/06/2018	Dutch	PDF
Abridged model	30/06/2016	30/09/2016	16/04/2018	Dutch	PDF
Abridged model	30/06/2015	30/11/2015	06/01/2016	Dutch	PDF
Abridged model	30/06/2014	24/11/2014	30/12/2014	Dutch	PDF
Abridged model	30/06/2013	25/11/2013	30/12/2013	Dutch	PDF
Abridged model	30/06/2012	26/11/2012	27/12/2012	Dutch	PDF
Abridged model	30/06/2011	28/11/2011	04/05/2012	Dutch	PDF
Abridged model	30/06/2010	29/11/2010	24/04/2012	Dutch	PDF
Abridged model	30/06/2009	23/11/2009	29/01/2010	Dutch	PDF
Abridged model	30/06/2008	24/11/2008	09/01/2009	Dutch	PDF
Abridged model	30/06/2007	26/11/2007	03/12/2007	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.

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 30/06/2023 · 1 active · 11 ended

Active mandates

Mike SCHUURMANS

Director · since 24 décembre 2020 · until 31 mars 2028

Active

Ended mandates

D.T.

Director · 0423.699.562

Represented by Devrieze Ruben

Ended

Degila

Mandate · 0427.200.371

Represented by Ruben Devrieze

Ended

Franky Amant

Managing director

Ended

Franky Amant

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

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

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

2023
Annual accounts 2023-1,7 M €↓
2018
Annual accounts 2018-1,3 M €↓
2018
Name changeBuildsmart
2017
Annual accounts 2017-888,7 k €↓
2016
Annual accounts 2016-1,1 k €↑
2016
Name changeSTYLMART
2015
Annual accounts 2015-1,2 k €↓
2014
Annual accounts 20142,9 k €↑
2013
Annual accounts 2013-1,9 k €↑
2012
Annual accounts 2012-3,1 k €↑
2011
Annual accounts 2011-8,3 k €↑
2010
Annual accounts 2010-24 k €↓
2009
Annual accounts 200933,9 k €↑
2008
Annual accounts 2008-27,2 k €↓
2007
Annual accounts 2007-17,8 k €
2007
Name changeFUNCARS
02/05/2006
IncorporationPublic limited company

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

Buildsmart

Overview

What does Buildsmart do?

Trend over 13 financial years

Board of directors

Other companies at this address

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