NORMAL SITUATION

CHAPTER III

Financial year 2022 · closed on 31/12/2022
Net result
-104,6 k €
-108.1% YoY
Gross margin
38,8 k €
-9.5% YoY
Equity
-305,1 k €
-52.2% YoY
Workforce
1,8 ETP
0.0% YoY

Company — Normal situation.

What does CHAPTER III do?

CHAPTER III is a company registered in Belgium. It employs on average 1,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0887.728.657
Legal form
Private company with limited liability
Contributed capital
12 400,00 €
Latest accounts
31/12/2022
Average workforce
1,8 ETP
Joint committees (1)
  • 201
Signals
Healthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202220212020201920182017201620152014201320122011201020092008
Income statement
Gross margin38,8 k €42,9 k €28,4 k €113,4 k €114,0 k €119,6 k €109,9 k €136,0 k €119,4 k €66,0 k €61,2 k €72,7 k €72,3 k €92,1 k €57,3 k €
EBITDA-94,5 k €-41,6 k €-27,7 k €12,7 k €15,9 k €21,5 k €16,8 k €34,2 k €16,3 k €-17,8 k €-8,4 k €11,4 k €-38,4 k €-564,0 €-34,9 k €
Operating result-101,0 k €-48,1 k €-34,2 k €6,2 k €9,4 k €14,7 k €8,8 k €16,7 k €-1,2 k €-34,9 k €-26,1 k €-6,7 k €-56,4 k €-18,6 k €-56,4 k €
Net result-104,6 k €-50,3 k €-36,1 k €3,2 k €6,0 k €11,0 k €4,2 k €12,1 k €-5,0 k €-35,4 k €-29,2 k €-11,2 k €-59,5 k €87,2 k €-110,0 k €
Balance sheet
Equity-305,1 k €-200,5 k €-150,2 k €-114,1 k €-117,3 k €-123,3 k €-134,3 k €-138,5 k €-150,6 k €-145,6 k €-110,2 k €-81,1 k €-69,9 k €-10,4 k €-97,6 k €
Total assets76,2 k €152,9 k €110,9 k €137,3 k €113,2 k €115,1 k €63,6 k €54,3 k €84,5 k €85,9 k €99,1 k €155,9 k €245,9 k €219,2 k €210,5 k €
Cash50,7 k €118,3 k €67,3 k €88,8 k €58,4 k €54,4 k €56,5 k €38,9 k €51,4 k €42,2 k €40,0 k €77,4 k €147,3 k €94,2 k €78,7 k €
Debts381,3 k €353,4 k €261,0 k €249,9 k €230,4 k €238,4 k €197,9 k €192,8 k €235,1 k €231,5 k €209,1 k €236,5 k €315,6 k €229,1 k €308,1 k €
Other
Workforce1,8 ETP1,8 ETP1,8 ETP1,8 ETP1,9 ETP1,9 ETP1,8 ETP1,7 ETP1,7 ETP1,6 ETP1,4 ETP1,4 ETP2,0 ETP1,8 ETP1,5 ETP
Governance

Board of directors

Seen on filing of 31/12/2022 · 1 active · 1 ended

Active mandates

FIDLER "STELLA FOREST"

Director · since 23 octobre 2007

Represented by CHRISTEL BONIFACE

Active

Ended mandates

FIDLER "Stella Forest"

Manager · since 23 octobre 2007

Represented by Raymond BITTON

Ended
Annual accounts

Full financial information

202220212020201920182017
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202201/01/202101/01/202001/01/201901/01/201801/01/2017
Closing of the financial year31/12/202231/12/202131/12/202031/12/201931/12/201831/12/2017
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date06/10/202305/08/202231/08/202127/08/202008/08/201906/08/2018
General meeting03/05/202304/05/202205/05/202106/05/202001/05/201902/05/2018
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202203/05/202306/10/2023FrenchPDF
Abridged model31/12/202104/05/202205/08/2022FrenchPDF
Abridged model31/12/202005/05/202131/08/2021FrenchPDF
Abridged model31/12/201906/05/202027/08/2020FrenchPDF
Abridged model31/12/201801/05/201908/08/2019FrenchPDF
Abridged model31/12/201702/05/201806/08/2018FrenchPDF
Abridged model31/12/201603/05/201714/06/2017FrenchPDF
Abridged model31/12/201504/05/201615/07/2016FrenchPDF
Abridged model31/12/201406/05/201520/05/2015FrenchPDF
Abridged model31/12/201307/05/201411/06/2014FrenchPDF
Abridged model31/12/201202/05/201323/07/2013FrenchPDF
Abridged model31/12/201104/05/201225/06/2012FrenchPDF
Abridged model31/12/201004/05/201112/09/2011FrenchPDF
Abridged model31/12/200905/05/201009/08/2010FrenchPDF
Abridged model31/12/200827/05/200928/08/2009FrenchPDF
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 31/12/2022 · 1 active · 1 ended

Active mandates

FIDLER "STELLA FOREST"

Director · since 23 octobre 2007

Represented by CHRISTEL BONIFACE

Active

Ended mandates

FIDLER "Stella Forest"

Manager · since 23 octobre 2007

Represented by Raymond BITTON

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2022
    Annual accounts 2022-104,6 k €
  2. 2021
    Annual accounts 2021-50,3 k €
  3. 2020
    Annual accounts 2020-36,1 k €
  4. 2019
    Annual accounts 20193,2 k €
  5. 2018
    Annual accounts 20186,0 k €
  6. 2017
    Annual accounts 201711,0 k €
  7. 2016
    Annual accounts 20164,2 k €
  8. 2015
    Annual accounts 201512,1 k €
  9. 2014
    Annual accounts 2014-5,0 k €
  10. 2013
    Annual accounts 2013-35,4 k €
  11. 2012
    Annual accounts 2012-29,2 k €
  12. 2011
    Annual accounts 2011-11,2 k €
  13. 2010
    Annual accounts 2010-59,5 k €
  14. 2009
    Annual accounts 200987,2 k €
  15. 2008
    Annual accounts 2008-110,0 k €