OPENING OF BANKRUPTCY

Otto sales

Company — Opening of bankruptcy.

Financial year 2023 · Closed on 31/12/2023

Net result-85,4 k €-193,1 %over 1 year
Revenue1,4 M €+3,4 %over 1 year
Equity-370,8 k €-29,9 %over 1 year
Workforce8,2 ETP-19,6 %over 1 year

Identity

Source · BCE/KBO

Otto sales is a Private company with limited liability incorporated in 2007. Its main activity is: Wholesale of clothing and footwear. Its registered office is in Bruxelles. It employs on average 8,2 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0886.770.634
Incorporation
26/01/2007
Legal form
Private company with limited liability
Registered office
Rue Léon Lepage 63
1000 Bruxelles · BruxellesSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2023
Average workforce
8,2 ETP
Joint committees (1)
  • 218
Signals
Healthy social debts

Financials

Source · NBB, 17 filings

Trend over 17 financial years

20232022202120202019
Income statement
Revenue1,4 M €1,4 M €1,2 M €1,1 M €1,2 M €
EBITDA-55,7 k €6,8 k €10,9 k €7,6 k €-49,9 k €
Operating result-67,5 k €-14,1 k €-13,7 k €-16,8 k €-66,6 k €
Net result-85,4 k €-29,1 k €-27,9 k €-30,9 k €-76,1 k €
Balance sheet
Equity-370,8 k €-285,4 k €-256,2 k €-228,3 k €-197,4 k €
Total assets155,5 k €197,3 k €403,5 k €435,8 k €407,3 k €
Cash80 k €97,9 k €119,4 k €118,7 k €64,3 k €
Debts518,8 k €475,6 k €654,9 k €658,9 k €600,3 k €
Other
Workforce8,2 ETP10,2 ETP9,7 ETP9,8 ETP9,7 ETP

Board of directors

Source · NBB, accounts to 31/12/2023

1 active · 5 ended

Active mandates

Steven Van Roy

Mandate

Active

Ended mandates

Els Van Roy

Mandate

Ended
Koen Van Roy

Mandate

Ended
Raf Van Roy

Mandate

Ended
Steven Van Roy

Administrator - manager

Ended

Full financial information

Source · NBB
202320222021202020192018
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/06/202412/10/202310/10/202328/12/202116/11/202024/10/2019
General meeting17/06/202405/09/202303/10/202211/10/202112/11/202017/06/2019
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, 17 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202317/06/202427/06/2024DutchPDF
Abridged model31/12/202205/09/202312/10/2023DutchPDF
Abridged model31/12/202103/10/202210/10/2023DutchPDF
Abridged model31/12/202011/10/202128/12/2021DutchPDF
Abridged model31/12/201912/11/202016/11/2020DutchPDF
Abridged model31/12/201817/06/201924/10/2019DutchPDF
Abridged model31/12/201723/11/201805/12/2018DutchPDF
Abridged model31/12/201617/07/201705/10/2017DutchPDF
Abridged model31/12/201516/07/201625/09/2016DutchPDF
Abridged model31/12/201430/06/201524/09/2015DutchPDF
Abridged model31/12/201330/07/201402/09/2014DutchPDF
Abridged model31/12/201217/06/201304/11/2013DutchPDF
Abridged model31/12/201118/06/201223/07/2012DutchPDF
Abridged model31/12/201020/06/201115/07/2011DutchPDF
Abridged model31/12/200921/06/201015/07/2010DutchPDF
Abridged model31/12/200815/06/200931/07/2009DutchPDF
Abridged model31/12/200721/06/200826/09/2008DutchPDF

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 31/12/2023

1 active · 5 ended

Active mandates

Steven Van Roy

Mandate

Active

Ended mandates

Els Van Roy

Mandate

Ended
Koen Van Roy

Mandate

Ended
Raf Van Roy

Mandate

Ended
Steven Van Roy

Administrator - manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other05/02/2007
    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. 2023
    Annual accounts 2023-85,4 k €↓
  2. 2022
    Annual accounts 2022-29,1 k €↓
  3. 2021
    Annual accounts 2021-27,9 k €↑
  4. 2020
    Annual accounts 2020-30,9 k €↑
  5. 2019
    Annual accounts 2019-76,1 k €↓
  6. 2018
    Annual accounts 201893,1 k €↑
  7. 2017
    Annual accounts 2017-45,8 k €↓
  8. 2016
    Annual accounts 201642,3 k €↑
  9. 2015
    Annual accounts 2015-51,2 k €↑
  10. 2014
    Annual accounts 2014-114,7 k €↓
  11. 2013
    Annual accounts 2013-60 k €↓
  12. 2012
    Annual accounts 20124,1 k €↓
  13. 2011
    Annual accounts 201156,8 k €↑
  14. 2010
    Annual accounts 201048,9 k €↑
  15. 2009
    Annual accounts 200932,9 k €↑
  16. 2008
    Annual accounts 2008-84,4 k €↓
  17. 2007
    Annual accounts 2007-61,9 k €
  18. 26/01/2007
    IncorporationPrivate company with limited liability