OPENING OF BANKRUPTCY

IDEM PAPERS

Company — Opening of bankruptcy.

Financial year 2013 · Closed on 30/09/2013

Net result-7,7 M €-673,2 %over 1 year
Revenue146,8 M €-59,7 %over 1 year
Equity46,2 M €-78,0 %over 1 year
Workforce434,0 ETP-7,0 %over 1 year

Identity

Source · BCE/KBO

IDEM PAPERS is a Public limited company incorporated in 1901. Its main activity is: Manufacture of paper and paperboard. Its registered office is in Ittre. It employs on average 434,0 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0400.344.734
Incorporation
29/06/1901
Legal form
Public limited company
Registered office
Rue d'Asquempont 2
1460 Ittre · WallonieSee on map
Latest accounts
30/09/2013
Average workforce
434,0 ETP
Joint committees (2)
  • 129
  • 221
Signals
Solid equityGood liquidityPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 52 filings

Trend over 3 financial years

201320072006
Income statement
Revenue146,8 M €364,3 M €225,5 M €
EBITDA1,1 M €-15,1 M €2,4 M €
Operating result-4,9 M €-16,9 M €-2,2 M €
Net result-7,7 M €1,3 M €-39,6 M €
Balance sheet
Equity46,2 M €209,7 M €28,2 M €
Total assets135,2 M €420,3 M €128,5 M €
Cash21,8 M €2 M €1,4 M €
Debts75,5 M €184,7 M €62,4 M €
Other
Workforce434,0 ETP466,5 ETP520,8 ETP

Board of directors

Source · NBB, accounts to 30/09/2013

0 active · 17 ended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Director02/09/2013 → 27/12/2019
PHILIPPE REMY
Director22/12/2011 → 26/12/2013
SPARAXIS0452.116.307
Director22/12/2011 → 26/12/2013
TANS MC SPRL0835.273.532
Managing director07/04/2011 → 26/12/2013

Other companies at this address

Rue d'Asquempont 2 1460 Ittre
CompanyCBE no.
DGMS Invest● Active
0817.212.033
FTA WORKS● Bankrupt
0452.381.076
GODART Services● Active
0817.633.784
M3S● Active
0787.389.679
0553.859.112
PROJECT J● Active
1002.280.115
SEEPOWER● Active
0468.927.001
0719.255.790
0787.389.778

Full financial information

Source · NBB
201620152014201320122011
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/10/201501/10/201401/10/201301/10/201201/10/201101/10/2010
Closing of the financial year30/09/201630/09/201530/09/201430/09/201330/09/201230/09/2011
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/03/201710/03/201620/03/201527/02/201426/02/201321/06/2012
General meeting22/12/201628/01/201626/02/201526/12/201327/12/201222/12/2011
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, 52 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model30/09/201622/12/201629/03/2017FrenchPDF
Full modelCorrection30/09/201528/01/201610/03/2016FrenchPDF
Full model30/09/201528/01/201616/02/2016FrenchPDF
Full model30/09/201426/02/201520/03/2015FrenchPDF
Full model30/09/201326/12/201327/02/2014FrenchPDF
Full model30/09/201227/12/201226/02/2013FrenchPDF
Full modelCorrection30/09/201122/12/201121/06/2012FrenchPDF
Full model30/09/201122/12/201113/01/2012FrenchPDF
Full model30/09/201030/12/201026/01/2011FrenchPDF
Full model31/12/200911/06/201024/06/2010FrenchPDF
Full model31/12/200826/06/200928/09/2009FrenchPDF
Full model31/12/200730/06/200821/08/2008FrenchPDF
Full model31/12/200620/07/200720/07/2007FrenchPDF
Full modelCorrection31/12/200530/06/200604/08/2006FrenchPDF
Full model31/12/200530/06/200614/07/2006FrenchPDF
Full model31/12/200427/07/200528/07/2005FrenchPDF
Full model31/12/200325/06/200428/06/2004FrenchPDF
Full model31/12/200227/06/200330/07/2003FrenchPDF
Full model31/12/200128/06/200203/09/2002FrenchPDF
m930-p31/12/200029/06/200113/07/2001FrenchPDF
Consolidated accounts31/12/199914/03/200025/06/2001FrenchPDF
m930-p31/12/199930/06/200020/07/2000FrenchPDF
m930-p31/12/199830/06/199912/07/1999FrenchPDF
Consolidated accounts31/12/199829/04/199928/06/1999FrenchPDF

View all 52 filings

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.

Board of directors

Source · NBB, accounts to 30/09/2013

0 active · 17 ended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Director02/09/2013 → 27/12/2019
PHILIPPE REMY
Director22/12/2011 → 26/12/2013
SPARAXIS0452.116.307
Director22/12/2011 → 26/12/2013
TANS MC SPRL0835.273.532
Managing director07/04/2011 → 26/12/2013

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates07/02/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares17/10/2016
    CAPITAL, ACTIONS
    PDF
  • Mandates17/10/2016
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/01/2016
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares09/03/2015
    CAPITAL, ACTIONS
    PDF
  • Mandates06/10/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/10/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/05/2014
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation1901
Name
Registered office
Annual accounts
Filings3 filings
Mandates
SOCIETE WALLONNE DE GESTION ET DE PARTICIPATIONS
SPARAXIS
PHILIPPE REMY
TANS MC SPRL
STRATEGIE ET DEVELOPPEMENT PARTENAIRE
PIERRE MARNEFFE
JEAN BERNARD
Hubert Hiley
Harald Fichtl
Jacques Fackeure
Dirk Van den Broucke
Thierry Adam
and 5 more mandates
1966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
No data
No data
Director
Director
Director
Managing director
Director
Director
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Rue d'Asquempont 2, 1460 IttreCurrent
CBE

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
IDEM PAPERSCurrent
CBE

Events

  1. 2013
    Annual accounts 2013-7,7 M €↓
  2. 2007
    Annual accounts 20071,3 M €↑
  3. 2006
    Annual accounts 2006-39,6 M €
  4. 29/06/1901
    IncorporationPublic limited company