OPENING OF BANKRUPTCY

The Art of Engineering in IT

Company — Opening of bankruptcy.

Financial year 2018 · Closed on 26/02/2018

Net result10,4 k €+1 122,2 %over 1 year
Gross margin10,3 k €+433,7 %over 1 year
Equity38,5 k €+2,7 %over 1 year

Identity

Source · BCE/KBO

The Art of Engineering in IT is a Private company with limited liability incorporated in 2008. Its registered office is in Saint-Josse-ten-Noode.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0898.673.326
Incorporation
19/06/2008
Legal form
Private company with limited liability
Registered office
Rue Hydraulique 5 box 2
1210 Saint-Josse-ten-Noode · BruxellesSee on map
Contributed capital
6 200,00 €
Latest accounts
26/02/2018
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 10 filings

Trend over 10 financial years

20182017201620152014
Income statement
Gross margin10,3 k €-3,1 k €57,4 k €-600 €-1 k €
EBITDA10,2 k €-3,6 k €56,8 k €-1,1 k €-2 k €
Operating result10,2 k €-3,6 k €56,3 k €-1,1 k €-2 k €
Net result10,4 k €-1 k €36,4 k €-952,4 €-1,8 k €
Balance sheet
Equity38,5 k €37,5 k €38,5 k €2,1 k €3 k €
Total assets71,1 k €42,4 k €63,2 k €2,7 k €3,5 k €
Cash2,9 k €257,6 €44,8 k €234,3 €118,5 €
Debts32,6 k €4,9 k €24,7 k €654,7 €501,1 €

Board of directors

Source · NBB, accounts to 26/02/2018

2 active · 3 ended

Active mandates

DEZSO LUDOVIC CIERNOVICI

Manager · since 01 janvier 2018

Active
LOUISE HERBERT

Manager · since 01 juillet 2015 · until 31 décembre 2017

Active

Ended mandates

VAN NGHIA TRAN

Manager · since 19 juin 2008

Ended
BRUNO SIMON

Manager

Ended
LOUISE HERBERT

Manager

Ended

Other companies at this address

Rue Hydraulique 5 1210 Saint-Josse-ten-Noode
CompanyCBE no.
BABY SERVICE● Active
0457.325.009

Full financial information

Source · NBB
201820172016201520142013
Type of accountMicro modelMicro modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/201701/07/201601/07/201501/07/201401/07/201301/07/2012
Closing of the financial year26/02/201830/06/201730/06/201630/06/201530/06/201430/06/2013
Length of the financial year8 months12 months12 months12 months12 months12 months
Filing date05/09/202229/01/201831/01/201728/01/201621/01/201526/02/2014
General meeting07/06/201831/12/201731/12/201631/12/201531/12/201431/12/2013
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, 10 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model26/02/201807/06/201805/09/2022FrenchPDF
Micro model30/06/201731/12/201729/01/2018FrenchPDF
Abridged model30/06/201631/12/201631/01/2017FrenchPDF
Abridged model30/06/201531/12/201528/01/2016FrenchPDF
Abridged model30/06/201431/12/201421/01/2015FrenchPDF
Abridged model30/06/201331/12/201326/02/2014FrenchPDF
Abridged model30/06/201231/12/201231/01/2013FrenchPDF
Abridged model30/06/201131/12/201115/02/2012FrenchPDF
Abridged model30/06/201031/12/201031/01/2011FrenchPDF
Abridged model30/06/200931/12/200911/02/2010FrenchPDF

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 26/02/2018

2 active · 3 ended

Active mandates

DEZSO LUDOVIC CIERNOVICI

Manager · since 01 janvier 2018

Active
LOUISE HERBERT

Manager · since 01 juillet 2015 · until 31 décembre 2017

Active

Ended mandates

VAN NGHIA TRAN

Manager · since 19 juin 2008

Ended
BRUNO SIMON

Manager

Ended
LOUISE HERBERT

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates20/07/2018
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/05/2018
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Other13/03/2018
    OBJET - ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Mandates31/01/2018
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/09/2015
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/12/2013
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Other23/06/2008
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Similar companies

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

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Timeline

  1. 2018
    Annual accounts 201810,4 k €↑
  2. 2018
    Name changeARTENIT
  3. 2017
    Annual accounts 2017-1 k €↓
  4. 2016
    Annual accounts 201636,4 k €↑
  5. 2015
    Annual accounts 2015-952,4 €↑
  6. 2014
    Annual accounts 2014-1,8 k €↑
  7. 2013
    Annual accounts 2013-5,7 k €↓
  8. 2012
    Annual accounts 20122,4 k €↓
  9. 2011
    Annual accounts 201116,6 k €↓
  10. 2010
    Annual accounts 201040,7 k €↑
  11. 2009
    Annual accounts 20099 k €
  12. 2009
    Name changeThe Art of Engineering in IT
  13. 19/06/2008
    IncorporationPrivate company with limited liability