OPENING OF BANKRUPTCY

Powder Terminal Benelux

Company — Opening of bankruptcy.

Financial year 2013 · Closed on 31/12/2013

Net result3,3 k €+101,6 %over 1 year
Gross margin245,3 k €+164,2 %over 1 year
Equity1,1 M €-2,1 %over 1 year
Workforce2,7 ETP

Identity

Source · BCE/KBO

Powder Terminal Benelux is a Public limited company incorporated in 2008. Its main activity is: Wholesale of wood, construction materials and sanitary equipment. Its registered office is in Gent. It employs on average 2,7 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0895.703.839
Incorporation
14/02/2008
Legal form
Public limited company
Registered office
Langerbruggestraat 114
9000 Gent · FlandreSee on map
Latest accounts
31/12/2013
Average workforce
2,7 ETP
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 6 filings

Trend over 6 financial years

20132012201120102009
Income statement
Gross margin245,3 k €92,9 k €79,7 k €-320,3 €81 k €
EBITDA60,3 k €73,7 k €78,6 k €-1,3 k €80,5 k €
Operating result16,7 k €-127,2 k €-116,4 k €-196,3 k €-114,8 k €
Net result3,3 k €-208,7 k €-203,3 k €-274,2 k €-140 k €
Balance sheet
Equity1,1 M €1,2 M €370,6 k €573,9 k €848 k €
Total assets6,2 M €3,7 M €1,7 M €978 k €1,3 M €
Cash454,7 k €505,4 k €4,7 k €–16,9 k €
Debts2,8 M €1,2 M €1,2 M €368,5 k €476,2 k €
Other
Workforce2,7 ETP––––

Board of directors

Source · NBB, accounts to 31/12/2013

3 active · 5 ended

Active mandates

Brijsse Minerals & Recycling

Director · since 12 septembre 2011 · 0899.383.208

Represented by IVAN BRIJSSE

Active
GS CONSULTING

Director · since 12 septembre 2011 · 0818.710.583

Represented by GERT STERKENS

Active
KAREL DE CUYPER

Managing director · since 12 septembre 2011

Active

Ended mandates

KAREL DE CUYPER

Director · since 12 septembre 2011

Ended
ALEXIUS FASSAERT

Director · since 11 février 2008

Ended
KAREL DE CUYPER

Director · since 11 février 2008

Ended
TELLGNOSIS

Managing director · since 11 février 2008 · 0862.194.792

Represented by KAREL DE CUYPER

Ended

Full financial information

Source · NBB
201320122011201020092008
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/201301/01/201201/01/201101/01/201001/01/200901/01/2008
Closing of the financial year31/12/201331/12/201231/12/201131/12/201031/12/200931/12/2008
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/07/201422/07/201331/08/201230/08/201131/12/201017/08/2009
General meeting30/06/201421/06/201310/08/201219/08/201117/12/201019/06/2009
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, 6 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/201330/06/201430/07/2014DutchPDF
Abridged model31/12/201221/06/201322/07/2013DutchPDF
Abridged model31/12/201110/08/201231/08/2012DutchPDF
Abridged model31/12/201019/08/201130/08/2011DutchPDF
Abridged model31/12/200917/12/201031/12/2010DutchPDF
Abridged model31/12/200819/06/200917/08/2009DutchPDF

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.

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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 31/12/2013

3 active · 5 ended

Active mandates

Brijsse Minerals & Recycling

Director · since 12 septembre 2011 · 0899.383.208

Represented by IVAN BRIJSSE

Active
GS CONSULTING

Director · since 12 septembre 2011 · 0818.710.583

Represented by GERT STERKENS

Active
KAREL DE CUYPER

Managing director · since 12 septembre 2011

Active

Ended mandates

KAREL DE CUYPER

Director · since 12 septembre 2011

Ended
ALEXIUS FASSAERT

Director · since 11 février 2008

Ended
KAREL DE CUYPER

Director · since 11 février 2008

Ended
TELLGNOSIS

Managing director · since 11 février 2008 · 0862.194.792

Represented by KAREL DE CUYPER

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office14/11/2012
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares06/02/2012
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates28/11/2011
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/08/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other25/02/2008
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

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

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Timeline

  1. 2013
    Annual accounts 20133,3 k €↑
  2. 2012
    Annual accounts 2012-208,7 k €↓
  3. 2011
    Annual accounts 2011-203,3 k €↑
  4. 2010
    Annual accounts 2010-274,2 k €↓
  5. 2009
    Annual accounts 2009-140 k €↓
  6. 2008
    Annual accounts 200811 k €
  7. 14/02/2008
    IncorporationPublic limited company