OPENING OF BANKRUPTCY

Advance Infra

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Company — Opening of bankruptcy.

Financial year 2024 · Closed on 31/12/2024

Net result
-291,2 k €
-988,0 %over 1 year
Gross margin
826,8 k €
-51,9 %over 1 year
Equity
111 k €
-72,4 %over 1 year
Workforce
14,8 ETP
-30,2 %over 1 year

Identity

Source · BCE/KBO

Advance Infra is a Private limited company incorporated in 2006. Its main activity is: Raising of dairy cattle. Its registered office is in Hamme (Vl.). It employs on average 14,8 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0883.113.536
Incorporation
23/08/2006
Legal form
Private limited company
Registered office
Hooigat 9
9220 Hamme (Vl.) · FlandreSee on map
Contributed capital
18 550,00 €
Latest accounts
31/12/2024
Average workforce
14,8 ETP
Joint committees (6)
  • 1240
  • 145
  • 1450
  • 200
  • 2000
  • 218
Signals
Healthy social debts

Financials

Source · NBB, 18 filings

Trend over 15 financial years

20242023202220212018
Income statement
Gross margin826,8 k €1,7 M €1,8 M €1,5 M €1,1 M €
EBITDA-235 k €613,7 k €593,3 k €430,1 k €261,7 k €
Operating result-235 k €87,3 k €85 k €46,8 k €69 k €
Net result-291,2 k €32,8 k €39,6 k €4,4 k €48 k €
Balance sheet
Equity111 k €402,2 k €369,4 k €329,8 k €203,4 k €
Total assets3,8 M €3,5 M €3,2 M €3,6 M €2,2 M €
Cash8 k €8 k €90,9 k €18,2 k €173,9 k €
Debts3,7 M €3,1 M €2,9 M €3,3 M €2 M €
Other
Workforce14,8 ETP21,2 ETP32,1 ETP27,9 ETP22,3 ETP

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 3 ended

Active mandates

Tom Baeyens

Director · since 22 avril 2024

Active

Ended mandates

Tom Baeyens

Director · since 17 juillet 2006

Ended
Kristof Baeyens

Manager

Ended
Tom Baeyens

Manager

Ended

Other companies at this address

Hooigat 9 9220 Hamme (Vl.)
CompanyCBE no.
Advance Construct● Bankrupt
1003.723.930
Advance Greencare● Bankrupt
0803.675.979

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/08/202526/07/202431/07/202329/07/202216/03/202126/05/2020
General meeting20/08/202527/06/202430/06/202330/06/202216/03/202130/04/2020
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, 18 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202420/08/202529/08/2025DutchPDF
Abridged model31/12/202327/06/202426/07/2024DutchPDF
Abridged model31/12/202230/06/202331/07/2023DutchPDF
Abridged model31/12/202130/06/202229/07/2022DutchPDF
Abridged model31/12/202016/03/202116/03/2021DutchPDF
Abridged model31/12/201930/04/202026/05/2020DutchPDF
Abridged model31/12/201817/06/201920/06/2019DutchPDF
Abridged modelCorrection31/12/201730/06/201824/07/2018DutchPDF
Abridged model31/12/201730/06/201812/07/2018DutchPDF
Abridged model31/12/201630/06/201720/07/2017DutchPDF
Abridged model31/12/201530/06/201611/07/2016DutchPDF
Abridged model31/12/201430/06/201515/07/2015DutchPDF
Abridged model31/12/201327/06/201415/07/2014DutchPDF
Abridged model31/12/201228/06/201318/07/2013DutchPDF
Abridged model31/12/201130/06/201220/07/2012DutchPDF
Abridged model31/12/201030/06/201129/08/2011DutchPDF
Abridged model31/12/200930/06/201030/07/2010DutchPDF
Abridged model31/12/200830/06/200931/07/2009DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 3 ended

Active mandates

Tom Baeyens

Director · since 22 avril 2024

Active

Ended mandates

Tom Baeyens

Director · since 17 juillet 2006

Ended
Kristof Baeyens

Manager

Ended
Tom Baeyens

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates30/04/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - DIVERSEN - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/02/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/12/2009
    BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office26/11/2008
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates15/10/2008
    DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Other31/08/2006
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024-291,2 k €↓
  2. 2023
    Annual accounts 202332,8 k €↓
  3. 2023
    Name changeAdvance Infra
  4. 2022
    Annual accounts 202239,6 k €↑
  5. 2021
    Annual accounts 20214,4 k €↓
  6. 2021
    Name changeAdgreca
  7. 2018
    Annual accounts 201848 k €↑
  8. 2017
    Annual accounts 201734,3 k €↑
  9. 2016
    Annual accounts 201619,6 k €↑
  10. 2015
    Annual accounts 20153 k €↓
  11. 2014
    Annual accounts 201431,6 k €↑
  12. 2013
    Annual accounts 20133,8 k €↑
  13. 2012
    Annual accounts 2012-28,9 k €↓
  14. 2011
    Annual accounts 201110,5 k €↑
  15. 2010
    Annual accounts 20101,6 k €↓
  16. 2009
    Annual accounts 200910,7 k €↓
  17. 2008
    Annual accounts 200833,5 k €
  18. 23/08/2006
    IncorporationPrivate limited company