OPENING OF BANKRUPTCY

montebi

Financial year 2019 · closed on 30/04/2019
Net result
76,7 k €
+101.1% YoY
Revenue
6,8 M €
-12.5% YoY
Equity
-12,6 M €
+0.6% YoY
Workforce
24,1 ETP
-32.7% YoY

Company — Opening of bankruptcy.

What does montebi do?

montebi is a Public limited company incorporated in 1951. Its main activity is: Wholesale of watches and jewellery. Its registered office is in Gent. It employs on average 24,1 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0400.699.773
Incorporation
03/04/1951
Legal form
Public limited company
Registered office
Poortakkerstraat 9 box D
9051 Gent · FlandreSee on map
Latest accounts
30/04/2019
Average workforce
24,1 ETP
Joint committees (2)
  • 14903
  • 218
Contacts
4 public details availableLog in to view
Signals
ProfitablePositive EBITDAHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

201920172016201420132012201120102009200820072006
Income statement
Revenue6,8 M €7,7 M €16,3 M €14,7 M €15,7 M €17,1 M €18,7 M €18,5 M €18,8 M €19,4 M €17,7 M €15,7 M €
EBITDA1,9 M €-2,3 M €-2,7 M €-139,1 k €-193,3 k €-158,6 k €329,4 k €1,5 M €1,5 M €1,2 M €2,4 M €1,9 M €
Operating result2 M €-5,1 M €-5,3 M €-791,1 k €-746,2 k €-687,8 k €-109,8 k €1,2 M €1,2 M €830,1 k €2,2 M €1,5 M €
Net result76,7 k €-7,1 M €-7,4 M €-1,1 M €54,3 k €-1,2 M €-755,7 k €560,9 k €358,5 k €-1 M €1 M €942,2 k €
Balance sheet
Equity-12,6 M €-12,7 M €-5,6 M €1,8 M €1,7 M €1,6 M €1,5 M €2,3 M €1,7 M €1,4 M €2,4 M €4,3 M €
Total assets2,2 M €5,2 M €10,4 M €16 M €15,1 M €15,8 M €21,9 M €21,2 M €20,3 M €22,1 M €22,5 M €12,8 M €
Cash28,8 k €53,3 k €292 k €325,7 k €355,6 k €511,6 k €1,3 M €1,5 M €1,4 M €2,1 M €838,2 k €646,5 k €
Debts14,6 M €17,6 M €15,8 M €13,8 M €13 M €13,6 M €19,5 M €18,2 M €17,8 M €19,9 M €19,4 M €7,9 M €
Other
Workforce24,1 ETP35,8 ETP40,6 ETP45,9 ETP49,2 ETP52,2 ETP50,0 ETP53,7 ETP48,5 ETP54,4 ETP38,5 ETP37,0 ETP
Governance

Board of directors

Seen on filing of 30/04/2019 · 3 active · 36 ended

Active mandates

Charlotte Pyck

Director · since 20 décembre 2018 · until 01 septembre 2022

Active
PINCOR

Managing director · since 23 janvier 2017 · until 23 janvier 2023 · 0479.454.370

Represented by William Longueville

Active
MEGAS BEHEER

Managing director · since 23 avril 2015 · until 20 décembre 2018 · 0862.124.320

Represented by Philiep Cracco

Active

Ended mandates

PINCOR

Director · since 23 janvier 2017 · until 23 décembre 2023 · 0479.454.370

Represented by William Longueville

Ended
SOME ROUGH IDEAS

Director · since 21 octobre 2015 · until 23 janvier 2017 · 0478.940.864

Represented by Mark Vandevelde

Ended
SOME ROUGH IDEAS

Director · since 21 octobre 2015 · until 08 décembre 2020 · 0478.940.864

Represented by Mark Vandevelde

Ended
Achares NV

Director · since 23 avril 2015 · until 02 juin 2020 · 0883.553.697

Represented by Pieter Cracco

Ended
At this address

Other companies at this address

CompanyCBE no.
0563.521.795
ERES-BOUTENSActive
0450.824.524
0471.966.564
SIMAN BEHEERBankrupt
0453.849.934
0811.209.218
Annual accounts

Full financial information

201920172016201420132012
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/07/201701/07/201601/01/201501/01/201401/01/201301/01/2012
Closing of the financial year30/04/201930/06/201730/06/201631/12/201431/12/201331/12/2012
Length of the financial year22 months12 months18 months12 months12 months12 months
Filing date29/11/201921/12/201712/01/201715/12/201527/06/201402/07/2013
General meeting29/10/201919/12/201722/12/201610/12/201513/05/201428/06/2013
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model30/04/201929/10/201929/11/2019DutchPDF
Full model30/06/201719/12/201721/12/2017DutchPDF
Full model30/06/201622/12/201612/01/2017DutchPDF
Full model31/12/201410/12/201515/12/2015DutchPDF
Full model31/12/201313/05/201427/06/2014DutchPDF
Full model31/12/201228/06/201302/07/2013DutchPDF
Full modelCorrection31/12/201129/06/201217/08/2012DutchPDF
Full model31/12/201129/06/201206/07/2012DutchPDF
Full model31/12/201010/05/201128/06/2011DutchPDF
Full model31/12/200911/05/201011/06/2010DutchPDF
Full model31/12/200812/05/200922/06/2009DutchPDF
Full model31/12/200713/05/200813/06/2008DutchPDF
Full model31/12/200608/05/200727/06/2007DutchPDF
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 30/04/2019 · 3 active · 36 ended

Active mandates

Charlotte Pyck

Director · since 20 décembre 2018 · until 01 septembre 2022

Active
PINCOR

Managing director · since 23 janvier 2017 · until 23 janvier 2023 · 0479.454.370

Represented by William Longueville

Active
MEGAS BEHEER

Managing director · since 23 avril 2015 · until 20 décembre 2018 · 0862.124.320

Represented by Philiep Cracco

Active

Ended mandates

PINCOR

Director · since 23 janvier 2017 · until 23 décembre 2023 · 0479.454.370

Represented by William Longueville

Ended
SOME ROUGH IDEAS

Director · since 21 octobre 2015 · until 23 janvier 2017 · 0478.940.864

Represented by Mark Vandevelde

Ended
SOME ROUGH IDEAS

Director · since 21 octobre 2015 · until 08 décembre 2020 · 0478.940.864

Represented by Mark Vandevelde

Ended
Achares NV

Director · since 23 avril 2015 · until 02 juin 2020 · 0883.553.697

Represented by Pieter Cracco

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office12/04/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other21/01/2019
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates10/01/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other06/07/2018
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Registered office03/01/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates06/04/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/08/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other19/01/2016
    ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2019
    Annual accounts 201976,7 k €
  2. 2017
    Annual accounts 2017-7,1 M €
  3. 2016
    Annual accounts 2016-7,4 M €
  4. 2014
    Annual accounts 2014-1,1 M €
  5. 2013
    Annual accounts 201354,3 k €
  6. 2012
    Annual accounts 2012-1,2 M €
  7. 2011
    Annual accounts 2011-755,7 k €
  8. 2010
    Annual accounts 2010560,9 k €
  9. 2009
    Annual accounts 2009358,5 k €
  10. 2008
    Annual accounts 2008-1 M €
  11. 2008
    Name changemontebi
  12. 2007
    Annual accounts 20071 M €
  13. 2006
    Annual accounts 2006942,2 k €
  14. 2006
    Name changeMontres Rodania Benelux S.A. - Uurwerken Rodania Benelux N.V.
  15. 03/04/1951
    IncorporationPublic limited company