OPENING OF BANKRUPTCY

ELECTRO MAT

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Financial year 2022 · closed on 30/06/2022
Net result
108,4 k €
+30.2% YoY
Gross margin
456,6 k €
+155.5% YoY
Equity
742,1 k €
+17.1% YoY
Workforce
19,5 ETP
+290.0% YoY

Company — Opening of bankruptcy.

What does ELECTRO MAT do?

ELECTRO MAT is a Private company with limited liability incorporated in 2008. Its main activity is: Electrical installation. Its registered office is in Bruxelles. It employs on average 19,5 ETP workers (FTE).

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0894.730.572
Incorporation
08/01/2008
Legal form
Private company with limited liability
Registered office
Avenue de la Métrologie 10 box 1
1130 Bruxelles · BruxellesSee on map
Contributed capital
20 000,00 €
Latest accounts
30/06/2022
Average workforce
19,5 ETP
Activities (NACE)
43211Electrical installation· main43211Electrical installation
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20222021202020192018201720162015201420132012201120102009
Income statement
Gross margin456,6 k €178,7 k €327,6 k €656,3 k €740,8 k €719 k €701,5 k €823,2 k €498 k €250,1 k €242,6 k €40,2 k €-1,1 k €44,3 k €
EBITDA165,4 k €117,6 k €68,5 k €107,3 k €163,6 k €208,4 k €96,5 k €215 k €256,5 k €59 k €82,6 k €11,3 k €-1,1 k €-6,3 k €
Operating result159,2 k €111,5 k €62 k €104,1 k €124 k €166,7 k €54,7 k €173,9 k €254,5 k €57,4 k €81,8 k €11,3 k €-1,1 k €-6,3 k €
Net result108,4 k €83,2 k €53,1 k €15,4 k €82,3 k €117,9 k €26,3 k €117,3 k €171,5 k €33,9 k €52,3 k €11,3 k €-1,1 k €-6,7 k €
Balance sheet
Equity742,1 k €633,7 k €550,5 k €497,4 k €482 k €399,7 k €331,8 k €305,4 k €258,1 k €101,7 k €67,8 k €23,5 k €12,2 k €13,3 k €
Total assets1,1 M €864,1 k €781,4 k €930,5 k €919 k €1 M €962 k €797,7 k €584,1 k €303,9 k €213,6 k €61,9 k €26,7 k €25,6 k €
Cash4,2 k €5,2 k €67,8 k €119,9 k €244,2 k €192,4 k €72,2 k €93,5 k €179,2 k €1,4 k €747 €3,4 k €4,5 k €2,8 k €
Debts348,9 k €230,4 k €230,9 k €433,1 k €437 k €609,5 k €630,2 k €492,2 k €326 k €202,2 k €145,8 k €38,4 k €14,4 k €12,3 k €
Other
Workforce19,5 ETP5,0 ETP11,5 ETP13,0 ETP16,0 ETP16,0 ETP20,0 ETP18,0 ETP7,0 ETP5,0 ETP7,0 ETP––3,0 ETP
Governance

Board of directors

Seen on filing of 30/06/2022 · 1 active · 1 ended

Active mandates

YURTSEVER VETON

Mandate

Active

Ended mandates

CEMIL MUGLA

Mandate

Ended
At this address

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Annual accounts

Full financial information

202220212020201920182017
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202101/07/202001/07/201901/07/201801/07/201701/07/2016
Closing of the financial year30/06/202230/06/202130/06/202030/06/201930/06/201830/06/2017
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/03/202314/09/202202/07/202131/03/202025/02/201916/02/2018
General meeting31/01/202310/12/202102/07/202120/12/201922/12/201822/12/2017
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202231/01/202323/03/2023FrenchPDF
Abridged model30/06/202110/12/202114/09/2022FrenchPDF
Abridged model30/06/202002/07/202102/07/2021FrenchPDF
Abridged model30/06/201920/12/201931/03/2020FrenchPDF
Abridged model30/06/201822/12/201825/02/2019FrenchPDF
Abridged model30/06/201722/12/201716/02/2018FrenchPDF
Abridged model30/06/201628/12/201628/02/2017FrenchPDF
Abridged model30/06/201524/12/201529/02/2016FrenchPDF
Abridged model30/06/201426/12/201428/02/2015FrenchPDF
Abridged model30/06/201313/12/201311/02/2014FrenchPDF
Abridged model30/06/201214/09/201219/09/2012FrenchPDF
Abridged model30/06/201102/12/201106/12/2011FrenchPDF
Abridged model30/06/201010/12/201015/03/2011FrenchPDF
Abridged model30/06/200911/12/200927/09/2010FrenchPDF
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 30/06/2022 · 1 active · 1 ended

Active mandates

YURTSEVER VETON

Mandate

Active

Ended mandates

CEMIL MUGLA

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office14/07/2023
    SIEGE SOCIAL
    PDF
  • Registered office21/02/2022
    SIEGE SOCIAL - CAPITAL, ACTIONS
    PDF
  • Mandates22/12/2020
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office10/04/2018
    SIEGE SOCIAL
    PDF
  • Registered office18/03/2011
    SIEGE SOCIAL
    PDF
  • Other16/01/2008
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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. 2022
    Annual accounts 2022108,4 k €↑
  2. 2021
    Annual accounts 202183,2 k €↑
  3. 2020
    Annual accounts 202053,1 k €↑
  4. 2019
    Annual accounts 201915,4 k €↓
  5. 2018
    Annual accounts 201882,3 k €↓
  6. 2017
    Annual accounts 2017117,9 k €↑
  7. 2016
    Annual accounts 201626,3 k €↓
  8. 2015
    Annual accounts 2015117,3 k €↓
  9. 2014
    Annual accounts 2014171,5 k €↑
  10. 2013
    Annual accounts 201333,9 k €↓
  11. 2012
    Annual accounts 201252,3 k €↑
  12. 2011
    Annual accounts 201111,3 k €↑
  13. 2010
    Annual accounts 2010-1,1 k €↑
  14. 2009
    Annual accounts 2009-6,7 k €
  15. 08/01/2008
    IncorporationPrivate company with limited liability