OPENING OF BANKRUPTCY

CONVENTS PRODUCTS

Company — Opening of bankruptcy.

Financial year 2020 · Closed on 31/12/2020

Net result-32,5 k €+91,6 %over 1 year
Revenue5,2 M €-78,4 %over 1 year
Equity1,7 M €-1,9 %over 1 year
Workforce46,1 ETP-7,4 %over 1 year

Identity

Source · BCE/KBO

CONVENTS PRODUCTS is a Public limited company incorporated in 1959. Its main activity is: Joinery installation. Its registered office is in Beringen. It employs on average 46,1 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0401.289.988
Incorporation
29/05/1959
Legal form
Public limited company
Registered office
Laakstraat 53
3582 Beringen · FlandreSee on map
Contributed capital
1 450 000,00 €
Latest accounts
31/12/2020
Average workforce
46,1 ETP
Joint committees (3)
  • 124
  • 200
  • 218
Signals
Positive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 16 filings

Trend over 14 financial years

20202020201820172016
Income statement
Revenue5,2 M €24,2 M €17,4 M €15,6 M €17,7 M €
EBITDA464 k €339 k €705,9 k €685,6 k €-118,6 k €
Operating result44 k €-325 k €275 k €303,9 k €-462,5 k €
Net result-32,5 k €-388 k €160,5 k €228,7 k €-501,4 k €
Balance sheet
Equity1,7 M €1,7 M €2,1 M €1,9 M €1,7 M €
Total assets8,1 M €9,4 M €8,3 M €7,8 M €7,5 M €
Cash97,7 k €199,1 k €294,8 k €63,8 k €108,1 k €
Debts6,4 M €7,7 M €6,2 M €5,8 M €5,8 M €
Other
Workforce46,1 ETP49,8 ETP51,7 ETP60,0 ETP64,4 ETP

Board of directors

Source · NBB, accounts to 31/12/2020

2 active · 22 ended

Active mandates

C & Q-INVEST

Managing director · since 01 janvier 2020 · until 01 janvier 2026 · 0465.398.080

Represented by Ingrid Convents

Active
Tony Quintens

Managing director · since 03 janvier 2019 · until 02 avril 2024

Active

Ended mandates

C & Q-INVEST

Managing director · since 01 janvier 2020 · until 07 avril 2026 · 0465.398.080

Represented by Ingrid Convents

Ended
C & Q-INVEST

Director · since 03 janvier 2019 · until 02 avril 2024 · 0465.398.080

Represented by Tony Quintens

Ended
Ingrid Convents

Managing director · since 03 janvier 2019 · until 02 avril 2024

Ended
C & Q-INVEST

Managing director · since 03 janvier 2013 · until 03 janvier 2019 · 0465.398.080

Represented by Tony QUINTENS

Ended

Full financial information

Source · NBB
202020202018201720162015
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/07/202001/01/201901/01/201801/01/201701/01/201601/01/2015
Closing of the financial year31/12/202030/06/202031/12/201831/12/201731/12/201631/12/2015
Length of the financial year6 months18 months12 months12 months12 months12 months
Filing date13/09/202103/04/202106/06/201923/04/201818/07/201705/07/2016
General meeting30/06/202105/03/202117/05/201903/04/201827/06/201728/06/2016
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, 16 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202030/06/202113/09/2021DutchPDF
Full model30/06/202005/03/202103/04/2021DutchPDF
Full model31/12/201817/05/201906/06/2019DutchPDF
Full model31/12/201703/04/201823/04/2018DutchPDF
Full model31/12/201627/06/201718/07/2017DutchPDF
Full model31/12/201528/06/201605/07/2016DutchPDF
Full model31/12/201430/06/201508/07/2015DutchPDF
Full modelCorrection31/12/201330/06/201408/09/2014DutchPDF
Full model31/12/201330/06/201401/07/2014DutchPDF
Full model31/12/201225/06/201325/07/2013DutchPDF
Full model31/12/201126/06/201227/06/2012DutchPDF
Full model31/12/201028/06/201129/06/2011DutchPDF
Full model31/12/200929/06/201030/06/2010DutchPDF
Full model31/12/200820/04/200929/04/2009DutchPDF
Full model31/12/200723/06/200822/07/2008DutchPDF
Full model31/12/200626/06/200719/07/2007DutchPDF

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 31/12/2020

2 active · 22 ended

Active mandates

C & Q-INVEST

Managing director · since 01 janvier 2020 · until 01 janvier 2026 · 0465.398.080

Represented by Ingrid Convents

Active
Tony Quintens

Managing director · since 03 janvier 2019 · until 02 avril 2024

Active

Ended mandates

C & Q-INVEST

Managing director · since 01 janvier 2020 · until 07 avril 2026 · 0465.398.080

Represented by Ingrid Convents

Ended
C & Q-INVEST

Director · since 03 janvier 2019 · until 02 avril 2024 · 0465.398.080

Represented by Tony Quintens

Ended
Ingrid Convents

Managing director · since 03 janvier 2019 · until 02 avril 2024

Ended
C & Q-INVEST

Managing director · since 03 janvier 2013 · until 03 janvier 2019 · 0465.398.080

Represented by Tony QUINTENS

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring25/08/2022
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other28/04/2022
    DOEL - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates28/10/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares28/07/2021
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares01/02/2021
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates22/06/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other14/02/2020
    BOEKJAAR
    PDF
  • Mandates26/06/2019
    ONTSLAGEN - BENOEMINGEN
    PDF

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

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Timeline

  1. 2020
    Annual accounts 2020-32,5 k €↑
  2. 2020
    Annual accounts 2020-388 k €↓
  3. 2018
    Annual accounts 2018160,5 k €↓
  4. 2017
    Annual accounts 2017228,7 k €↑
  5. 2016
    Annual accounts 2016-501,4 k €↓
  6. 2015
    Annual accounts 2015-178 k €↓
  7. 2014
    Annual accounts 201476,9 k €↓
  8. 2013
    Annual accounts 2013304,2 k €↑
  9. 2012
    Annual accounts 2012255,4 k €↑
  10. 2011
    Annual accounts 201170,2 k €↑
  11. 2010
    Annual accounts 2010-87,6 k €↓
  12. 2009
    Annual accounts 2009-1,2 k €↓
  13. 2008
    Annual accounts 2008180,3 k €↑
  14. 2007
    Annual accounts 2007-689,9 k €
  15. 29/05/1959
    IncorporationPublic limited company