OPENING OF BANKRUPTCY

AFINCO (SA)

Financial year 2013 · closed on 31/12/2013
Net result
-137,8 k €
+80.9% YoY
Gross margin
1,6 M €
+75.2% YoY
Equity
-1,2 M €
-12.7% YoY
Workforce
35,5 ETP
+4.7% YoY

Company — Opening of bankruptcy.

What does AFINCO do?

AFINCO is a Public limited company incorporated in 2006. Its main activity is: Wholesale of wood, construction materials and sanitary equipment. Its registered office is in Gent. It employs on average 35,5 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0885.777.175
Incorporation
19/12/2006
Legal form
Public limited company
Registered office
Toemaattragel 1
9000 Gent · Flandre
Latest accounts
31/12/2013
Average workforce
35,5 ETP
Joint committees (2)
  • 124
  • 218
Signals
Positive EBITDAHealthy social debts
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2013201220112010200920082007
Income statement
Gross margin1,6 M €932,9 k €1,3 M €643,7 k €1,3 M €1,3 M €1,4 M €
EBITDA6,6 k €-575,6 k €-97,2 k €-850,3 k €-308,5 k €-130,8 k €-784,5 k €
Operating result-37,5 k €-637 k €-153,3 k €-896,9 k €-367,6 k €-181,4 k €-869,4 k €
Net result-137,8 k €-721,4 k €-243,9 k €-871,9 k €-389,4 k €-190,4 k €-915,3 k €
Balance sheet
Equity-1,2 M €-1,1 M €-360,9 k €-117 k €754,9 k €1,1 M €1,3 M €
Total assets3 M €1,9 M €2,1 M €1,5 M €1,7 M €2,3 M €2,2 M €
Cash27 €299 €46,2 k €102 €346 €1,1 k €147,4 k €
Debts4,2 M €2,9 M €2,4 M €1,4 M €942,3 k €1,1 M €895,2 k €
Other
Workforce35,5 ETP33,9 ETP33,6 ETP35,7 ETP37,7 ETP37,6 ETP33,5 ETP
Governance

Board of directors

Seen on filing of 31/12/2013 · 4 active · 12 ended

Active mandates

AXCO BVBA

Managing director · since 26 juin 2013 · until 07 mai 2019 · 0477.737.173

Represented by FRANCOIS GOUBAU

Active
CHRISTOPHE MAES

Director · since 26 juin 2013 · until 30 juin 2015

Active
GERALD GOUBAU

Director · since 26 juin 2013 · until 07 mai 2019

Active
GINDAC

Director · since 26 juin 2013 · until 07 mai 2019 · 0818.399.490

Represented by SOPHIE MAES

Active

Ended mandates

AXCO

Managing director · since 20 décembre 2007 · until 07 mai 2012 · 0477.737.173

Represented by FRANCOIS GOUBAU

Ended
AXCO BVBA

Managing director · since 20 décembre 2007 · until 06 mai 2013 · 0477.737.173

Represented by FRANCOIS GOUBAU

Ended
CHRISTOPHE MAES

Director · since 20 décembre 2007 · until 06 mai 2013

Ended
GERALD GOUBAU

Director · since 20 décembre 2007 · until 07 mai 2012

Ended
At this address

Other companies at this address

Annual accounts

Full financial information

201320122011201020092008
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/201301/01/201201/01/201101/01/201001/01/200901/01/2008
Closing of the financial year31/12/201331/12/201231/12/201131/12/201031/12/200931/12/2008
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/07/201417/07/201303/07/201201/06/201103/06/201004/06/2009
General meeting30/06/201426/06/201308/06/201202/05/201103/05/201004/05/2009
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/201330/06/201430/07/2014DutchPDF
Abridged model31/12/201226/06/201317/07/2013DutchPDF
Abridged model31/12/201108/06/201203/07/2012DutchPDF
Abridged model31/12/201002/05/201101/06/2011DutchPDF
Abridged model31/12/200903/05/201003/06/2010DutchPDF
Abridged model31/12/200804/05/200904/06/2009DutchPDF
Abridged model31/12/200705/05/200809/06/2008DutchPDF
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 31/12/2013 · 4 active · 12 ended

Active mandates

AXCO BVBA

Managing director · since 26 juin 2013 · until 07 mai 2019 · 0477.737.173

Represented by FRANCOIS GOUBAU

Active
CHRISTOPHE MAES

Director · since 26 juin 2013 · until 30 juin 2015

Active
GERALD GOUBAU

Director · since 26 juin 2013 · until 07 mai 2019

Active
GINDAC

Director · since 26 juin 2013 · until 07 mai 2019 · 0818.399.490

Represented by SOPHIE MAES

Active

Ended mandates

AXCO

Managing director · since 20 décembre 2007 · until 07 mai 2012 · 0477.737.173

Represented by FRANCOIS GOUBAU

Ended
AXCO BVBA

Managing director · since 20 décembre 2007 · until 06 mai 2013 · 0477.737.173

Represented by FRANCOIS GOUBAU

Ended
CHRISTOPHE MAES

Director · since 20 décembre 2007 · until 06 mai 2013

Ended
GERALD GOUBAU

Director · since 20 décembre 2007 · until 07 mai 2012

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/12/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/12/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/07/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other23/07/2008
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates12/02/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares18/01/2008
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other29/12/2006
    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. 2013
    Annual accounts 2013-137,8 k €
  2. 2012
    Annual accounts 2012-721,4 k €
  3. 2011
    Annual accounts 2011-243,9 k €
  4. 2010
    Annual accounts 2010-871,9 k €
  5. 2009
    Annual accounts 2009-389,4 k €
  6. 2008
    Annual accounts 2008-190,4 k €
  7. 2007
    Annual accounts 2007-915,3 k €
  8. 19/12/2006
    IncorporationPublic limited company