ACTIVE

LINEA TROVATA SUNTEC

Financial year 2024 · closed on 31/12/2024
Net result
3,7 M €
+47.9% YoY
Revenue
39,2 M €
-10.2% YoY
Equity
10 M €
+43.2% YoY
Workforce
50,1 ETP
+4.6% YoY

What does LINEA TROVATA SUNTEC do?

LINEA TROVATA SUNTEC is a Public limited company incorporated in 2007. Its main activity is: Manufacture of tubes, pipes, hollow profiles and related fittings, of steel. Its registered office is in Lokeren. It employs on average 50,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0889.818.513
Incorporation
04/06/2007
Legal form
Public limited company
Registered office
Mosten 14 -14a
9160 Lokeren · FlandreSee on map
Contributed capital
1 813 288,00 €
Latest accounts
31/12/2024
Average workforce
50,1 ETP
Joint committees (2)
  • 124
  • 218
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20242023202220212020201920182017201620152014201320122011201020092008
Income statement
Revenue39,2 M €43,7 M €23,8 M €17,9 M €16,1 M €15,3 M €7,8 M €5,1 M €3,4 M €2,6 M €2,5 M €2,9 M €4,2 M €59,9 M €61,7 M €74,8 M €7,7 M €
EBITDA5,8 M €3,9 M €1 M €1,4 M €1,7 M €1,3 M €805 k €278,2 k €97,9 k €-125,9 k €-556,5 k €-429,8 k €-1,8 M €-5,8 M €1,6 M €7 M €246,9 k €
Operating result5,5 M €3,7 M €941,4 k €1,2 M €1,5 M €1,1 M €656,4 k €265,1 k €155 k €7,6 k €-243,7 k €-880,3 k €-2 M €-7,3 M €1,3 M €6,6 M €211,1 k €
Net result3,7 M €2,5 M €631,7 k €791,5 k €1,2 M €982,2 k €566,7 k €218,4 k €142,6 k €134,8 k €-170,6 k €-1 M €1,3 M €-10,3 M €394 k €4,2 M €118,5 k €
Balance sheet
Equity10 M €7 M €4,5 M €3,9 M €3,2 M €2 M €1 M €443,7 k €734,8 k €592,3 k €-1,1 M €-935,8 k €-886,9 k €-2,2 M €8,1 M €6,3 M €368,5 k €
Total assets19,7 M €16,9 M €11,9 M €7,5 M €7,8 M €5,7 M €2,9 M €1,9 M €1,8 M €1,9 M €2,6 M €3,9 M €8,8 M €21,7 M €58,8 M €32,1 M €3,9 M €
Cash702,9 k €634,6 k €518,4 k €188 k €436,5 k €317,7 k €643,4 k €114,7 k €110,1 k €154,6 k €316,9 k €393,6 k €893,1 k €631,4 k €4,5 M €2,6 M €437,5 k €
Debts9,4 M €9,6 M €6,5 M €3,6 M €4,5 M €3,6 M €1,7 M €1,3 M €887,2 k €1 M €3,3 M €4,2 M €8,8 M €22,3 M €49,2 M €24,1 M €3,6 M €
Other
Workforce50,1 ETP47,9 ETP34,6 ETP29,4 ETP30,0 ETP19,3 ETP15,9 ETP12,9 ETP7,9 ETP6,5 ETP9,2 ETP15,3 ETP17,5 ETP19,0 ETP25,5 ETP9,5 ETP4,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 38 ended

Active mandates

FLEUR D'OR

Director · since 31 décembre 2023 · until 30 juin 2029 · 0747.496.450

Represented by Bert Audenaert

Active
OGF

Director · since 31 décembre 2023 · until 30 juin 2029 · 0469.325.887

Represented by Otto Garritsen

Active
Piet Van Poucke

Managing director · since 31 décembre 2023 · until 30 juin 2029

Active

Ended mandates

FLEUR D'OR

Director · since 30 juin 2022 · until 30 juin 2028 · 0747.496.450

Represented by Bert Audenaert

Ended
OGF

Director · since 30 juin 2022 · until 30 juin 2028 · 0469.325.887

Represented by Otto Garritsen

Ended
Piet Van Poucke

Managing director · since 30 juin 2022 · until 30 juin 2028

Ended
Piet Van Poucke

Managing director · since 01 septembre 2019 · until 30 juin 2022

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull 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 date21/10/202517/10/202411/10/202331/10/202222/10/202128/08/2020
General meeting18/08/202504/10/202415/09/202331/10/202228/05/202129/05/2020
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202418/08/202521/10/2025DutchPDF
Full model31/12/202304/10/202417/10/2024DutchPDF
Full model31/12/202215/09/202311/10/2023DutchPDF
Full model31/12/202131/10/202231/10/2022DutchPDF
Full modelCorrection31/12/202028/05/202122/10/2021DutchPDF
Full model31/12/202028/05/202131/08/2021DutchPDF
Abridged model31/12/201929/05/202028/08/2020DutchPDF
Abridged modelCorrection31/12/201824/05/201926/06/2019DutchPDF
Abridged model31/12/201824/05/201917/06/2019DutchPDF
Abridged modelCorrection31/12/201725/05/201826/06/2019DutchPDF
Abridged model31/12/201725/05/201806/06/2018DutchPDF
Abridged model31/12/201626/05/201722/06/2017DutchPDF
Abridged model31/12/201527/05/201627/05/2016DutchPDF
Abridged model31/12/201430/06/201527/07/2015DutchPDF
Abridged model31/12/201330/06/201407/07/2014DutchPDF
Full model31/12/201230/08/201331/08/2013DutchPDF
Full model31/12/201128/11/201230/11/2012DutchPDF
Full model31/12/201027/09/201106/10/2011DutchPDF
Abridged model31/12/200927/05/201008/06/2010DutchPDF
Abridged model31/12/200829/05/200911/06/2009DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 M€

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 31/12/2024 · 3 active · 38 ended

Active mandates

FLEUR D'OR

Director · since 31 décembre 2023 · until 30 juin 2029 · 0747.496.450

Represented by Bert Audenaert

Active
OGF

Director · since 31 décembre 2023 · until 30 juin 2029 · 0469.325.887

Represented by Otto Garritsen

Active
Piet Van Poucke

Managing director · since 31 décembre 2023 · until 30 juin 2029

Active

Ended mandates

FLEUR D'OR

Director · since 30 juin 2022 · until 30 juin 2028 · 0747.496.450

Represented by Bert Audenaert

Ended
OGF

Director · since 30 juin 2022 · until 30 juin 2028 · 0469.325.887

Represented by Otto Garritsen

Ended
Piet Van Poucke

Managing director · since 30 juin 2022 · until 30 juin 2028

Ended
Piet Van Poucke

Managing director · since 01 septembre 2019 · until 30 juin 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates08/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/06/2022
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/09/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/04/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring19/01/2018
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring11/07/2017
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates11/07/2017
    ONTSLAGEN - BENOEMINGEN
    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. 2024
    Annual accounts 20243,7 M €
  2. 2023
    Annual accounts 20232,5 M €
  3. 2022
    Annual accounts 2022631,7 k €
  4. 30/06/2022
    nominationPiet Van Poucke — bestuurder
  5. 30/06/2022
    nominationOGF BV — bestuurder
  6. 30/06/2022
    nominationFleur D'or BV — bestuurder
  7. 2021
    Annual accounts 2021791,5 k €
  8. 22/12/2021
    nominationFinvision Bedrijfsrevisoren Waasland BV — commissaris
  9. 2020
    Annual accounts 20201,2 M €
  10. 2019
    Annual accounts 2019982,2 k €
  11. 2018
    Annual accounts 2018566,7 k €
  12. 2017
    Annual accounts 2017218,4 k €
  13. 2016
    Annual accounts 2016142,6 k €
  14. 2015
    Annual accounts 2015134,8 k €
  15. 2014
    Annual accounts 2014-170,6 k €
  16. 2013
    Annual accounts 2013-1 M €
  17. 2012
    Annual accounts 20121,3 M €
  18. 2011
    Annual accounts 2011-10,3 M €
  19. 2010
    Annual accounts 2010394 k €
  20. 2009
    Annual accounts 20094,2 M €
  21. 2008
    Annual accounts 2008118,5 k €
  22. 04/06/2007
    IncorporationPublic limited company