OPENING OF BANKRUPTCY

SPEED CITY

Financial year 2014 · closed on 31/12/2014
Net result
-10 k €
+71.7% YoY
Gross margin
10,5 k €
+39.8% YoY
Equity
-198,9 k €
-5.3% YoY

Company — Opening of bankruptcy.

What does SPEED CITY do?

SPEED CITY is a Private company with limited liability incorporated in 2008. Its registered office is in La Louvière.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0898.424.688
Incorporation
04/06/2008
Legal form
Private company with limited liability
Registered office
Rue Alfred Moitroux(L.L) 51 box 1
7100 La Louvière · WallonieSee on map
Latest accounts
31/12/2014
Signals
Positive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

201420132012201120102009
Income statement
Gross margin10,5 k €7,5 k €30,5 k €44,1 k €-707 €-19,5 k €
EBITDA9,9 k €4,5 k €19,2 k €-2,4 k €-32,5 k €-20,7 k €
Operating result-4,9 k €-15,7 k €-8,2 k €-29,9 k €-53,4 k €-57,3 k €
Net result-10 k €-35,2 k €-15 k €-38 k €-55,8 k €-63,5 k €
Balance sheet
Equity-198,9 k €-188,9 k €-153,6 k €-138,6 k €-100,7 k €-44,9 k €
Total assets61,7 k €77,7 k €91,3 k €157,7 k €151,2 k €190,3 k €
Cash486 €629 €186 €1,2 k €
Debts260 k €266,4 k €244,8 k €296,2 k €251,9 k €235,2 k €
Other
Workforce0,3 ETP1,5 ETP1,0 ETP1,0 ETP
Governance

Board of directors

Seen on filing of 31/12/2014 · 1 active

Active mandates

Marc CHANOINE

Manager

Active
At this address

Other companies at this address

Annual accounts

Full financial information

201420132012201120102009
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/201401/01/201301/01/201201/01/201101/01/201001/06/2008
Closing of the financial year31/12/201431/12/201331/12/201231/12/201131/12/201031/12/2009
Length of the financial year12 months12 months12 months12 months12 months19 months
Filing date18/09/201530/09/201410/10/201330/11/201218/06/201215/12/2011
General meeting20/05/201521/05/201415/05/201316/05/201221/05/201203/12/2011
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/201420/05/201518/09/2015FrenchPDF
Abridged model31/12/201321/05/201430/09/2014FrenchPDF
Abridged model31/12/201215/05/201310/10/2013FrenchPDF
Abridged model31/12/201116/05/201230/11/2012FrenchPDF
Abridged model31/12/201021/05/201218/06/2012FrenchPDF
Abridged model31/12/200903/12/201115/12/2011FrenchPDF
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 31/12/2014 · 1 active

Active mandates

Marc CHANOINE

Manager

Active
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. 2014
    Annual accounts 2014-10 k €
  2. 2013
    Annual accounts 2013-35,2 k €
  3. 2012
    Annual accounts 2012-15 k €
  4. 2011
    Annual accounts 2011-38 k €
  5. 2010
    Annual accounts 2010-55,8 k €
  6. 2009
    Annual accounts 2009-63,5 k €
  7. 04/06/2008
    IncorporationPrivate company with limited liability