OPENING OF BANKRUPTCY

FLOVAN

Financial year 2012 · closed on 30/09/2012
Net result
-12,1 k €
+89.8% YoY
Gross margin
165,4 k €
+36.4% YoY
Equity
90 k €
-11.8% YoY
Workforce
2,3 ETP
0.0% YoY

Company — Opening of bankruptcy.

What does FLOVAN do?

FLOVAN is a Private company with limited liability incorporated in 2008. Its registered office is in Sint-Martens-Latem. It employs on average 2,3 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0895.116.889
Incorporation
22/01/2008
Legal form
Private company with limited liability
Registered office
Dorp 10
9830 Sint-Martens-Latem · FlandreSee on map
Latest accounts
30/09/2012
Average workforce
2,3 ETP
Signals
Positive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2012201120102009
Income statement
Gross margin165,4 k €121,2 k €128,5 k €538,2 k €
EBITDA77,4 k €21,4 k €45,4 k €389,2 k €
Operating result18,8 k €-36 k €-5,7 k €306,7 k €
Net result-12,1 k €-118,8 k €-15,6 k €301,9 k €
Balance sheet
Equity90 k €102,1 k €220,9 k €220,5 k €
Total assets465,1 k €372,7 k €368,7 k €573,3 k €
Cash2,8 k €4,3 k €4,6 k €4,1 k €
Debts375,1 k €270,6 k €147,8 k €352,8 k €
Other
Workforce2,3 ETP2,3 ETP2,3 ETP2,3 ETP
Governance

Board of directors

Seen on filing of 30/09/2012 · 2 active · 1 ended

Active mandates

Bob Van de Steene

Manager

Active
Olivier Florin

Manager

Active

Ended mandates

Bob Vandesteene

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
SOJA CJActive
0681.587.821
Annual accounts

Full financial information

2012201120102009
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/201101/10/201001/10/200918/01/2008
Closing of the financial year30/09/201230/09/201130/09/201030/09/2009
Length of the financial year12 months12 months12 months21 months
Filing date21/03/201302/05/201227/05/201130/03/2010
General meeting16/02/201318/02/201219/02/201120/02/2010
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/201216/02/201321/03/2013DutchPDF
Abridged model30/09/201118/02/201202/05/2012DutchPDF
Abridged model30/09/201019/02/201127/05/2011DutchPDF
Abridged model30/09/200920/02/201030/03/2010DutchPDF
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 30/09/2012 · 2 active · 1 ended

Active mandates

Bob Van de Steene

Manager

Active
Olivier Florin

Manager

Active

Ended mandates

Bob Vandesteene

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares18/02/2013
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other31/01/2008
    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. 2012
    Annual accounts 2012-12,1 k €
  2. 2011
    Annual accounts 2011-118,8 k €
  3. 2010
    Annual accounts 2010-15,6 k €
  4. 2009
    Annual accounts 2009301,9 k €
  5. 22/01/2008
    IncorporationPrivate company with limited liability