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HYDROLIFT

In bankruptcy Public limited companyfounded 1990Industrieterrein Kanaal-Noord 1173, 3960 BreeKBO/BCE: BE 0440.250.831

Information for creditors

Commercial Court of Antwerp, Tongeren division · Official Gazette of 17-08-2017
Appeal or third-party opposition 01-09-2017Filing the claim in RegSol 13-09-2017First verification report 26-09-2017Late claim 14-08-2018

Trustees: Mr Noelmans Philippe, Mr Noelmans Cecile, Mr Noelmans Catherine. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

Lifetime

11 annual accounts with figures on one time axis, 26 filings since 1991
peak €4.1m (2016)
€4.1m▲ 2.7%
lowest -€635,509 (2016)
-€635,509▼ €615,058
peak €2.0m (2011)
€849,914▼ 42.8%
€8.3m▲ 14.5%
peak 73.3 FTE (2016)
73.3 FTE▲ 18.4%
Owners2 names in the annual accounts
Documentsfilings and deeds
29-05-201763 days before the deadline
2016abbreviated format
Loss of €635,509Staff from 61.9 FTE to 73.3 FTEEquity from €1.5m to €849,914Investments €980,736Cash from €770,569 to €434,327

Key points

from the 2016 annual accounts, the last ones filed

Equity

€849,914 from €2.0m in 2011

Equity fell by 57% in 5 years.

Result

-€635,509 ▼ 3,007%
-€20,5002015-€636,0002016

The result fell in 2016 from -€20,451 to -€635,509.

Debts

€8.3m 90% of the balance sheet
After one year 26%Within one year 74%

Of this, €6.1m falls due within a year.

No score

Recent changes

Change of trustee Enterprise Court of Antwerp, Tongeren division · judgment of 10-01-2023 · Bankruptcy
Bankruptcy published Commercial Court of Antwerp, Tongeren division · judgment of 14-08-2017 · Bankruptcy
First establishment AJK HYDROLIFT NV, Industrieterrein Kanaal-Noord 1173, Bree
Incorporation 25 publications in the Belgian Official Gazette, the last on 03-02-2016 · published on 11-05-1990 · Gazette deed
All 34 events

Official details

Source: KBO
Status
In bankruptcydeclared bankrupt on 14-08-2017
Activity
Manufacture of electrical equipmentNACE 27110and 1 other
Establishment unit
2.048.057.3073960 Bree, since 30-04-1990
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2016

≈ €7.1mestimated
€9.2m▲ 4.4%
Filing
Filed on 29-05-2017
Financials

Insights on HYDROLIFT

Equity fell from €2.0m in 2011 to €849,914 in 2016, while debts rose from €2.9m to €8.3m.

On 14 August 2017 the court declared HYDROLIFT bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about HYDROLIFT

What is the company number of HYDROLIFT?
The company number of HYDROLIFT is 0440.250.831. The VAT number is the same number with BE in front: BE 0440.250.831.
Where was HYDROLIFT based?
The last known address of the registered office is Industrieterrein Kanaal-Noord 1173, 3960 Bree.Company details
What does HYDROLIFT do?
According to the KBO register, the main activity is manufacture of electrical equipment (NACE 27110).
What is the legal form of HYDROLIFT?
HYDROLIFT is a public limited company (NV).
When was HYDROLIFT founded?
HYDROLIFT was founded on 09-04-1990.
Is HYDROLIFT still active?
A bankruptcy is running. A bankruptcy trustee manages the company.
How many employees did HYDROLIFT have?
HYDROLIFT had an average of 73.3 full-time equivalents in financial year 2016, according to the filed annual accounts.Financials
What is the turnover of HYDROLIFT?
The turnover in financial year 2016 is ≈ €7.1m. This figure is estimated from the gross margin of €4.1m and 1,585 comparable companies of the same size. It probably lies between €4.8m and €12.0m. It is a rough estimate.
Is HYDROLIFT profitable?
In financial year 2016, HYDROLIFT made a loss of €635,509.
Where can I find the annual accounts of HYDROLIFT?
HYDROLIFT filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2016.

Next steps

Keep this company with today's facts in a case file.