OPENING OF BANKRUPTCY

FREE RECORD SHOP BELGIUM

Company — Opening of bankruptcy.

Financial year 2012 · Closed on 30/09/2012

Net result-3,5 M €-523,3 %over 1 year
Revenue39,8 M €-36,8 %over 1 year
Equity1 M €-77,6 %over 1 year
Workforce238,6 ETP-9,6 %over 1 year

Identity

Source · BCE/KBO

FREE RECORD SHOP BELGIUM is a Public limited company incorporated in 1963. Its main activity is: Retail sale of music and video recordings in specialised stores. Its registered office is in Antwerpen. It employs on average 238,6 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0404.883.938
Incorporation
21/11/1963
Legal form
Public limited company
Registered office
Wapper 7
2000 Antwerpen · FlandreSee on map
Latest accounts
30/09/2012
Average workforce
238,6 ETP
Joint committees (1)
  • 311
Signals
Healthy social debtsHigh revenue

Financials

Source · NBB, 8 filings

Trend over 2 financial years

20122011
Income statement
Revenue39,8 M €62,9 M €
EBITDA-1,6 M €581,7 k €
Operating result-2,4 M €-356,5 k €
Net result-3,5 M €-560,8 k €
Balance sheet
Equity1 M €4,5 M €
Total assets11,8 M €19,7 M €
Cash5,3 M €7,9 M €
Debts10,4 M €14,3 M €
Other
Workforce238,6 ETP264,0 ETP

Board of directors

Source · NBB, accounts to 30/09/2012

6 active · 2 ended

Active mandates

Algemene Investerings- en Participatie Maatschappij "Agim Rotterdam" BV

Managing director · since 29 avril 2013 · until 12 février 2018

Represented by Johannes A. BREUKHOVEN

Active
FRESH Entertainment Holding BV

Managing director · since 29 avril 2013 · until 12 février 2018

Represented by Paul J.A. DUMAS

Active
ProCures Entertainment BV

Managing director · since 29 avril 2013 · until 12 février 2018

Represented by Maurits A. REGENBOOG

Active
Cornelis VAN WIJGAARDEN

Managing director · since 01 janvier 2013 · until 29 avril 2013

Active
CUSTOM MANAGEMENT BV

Managing director · since 16 novembre 2012 · until 29 avril 2013

Represented by Hermanus HOVESTAD

Active
Johannes Arie BREUKHOVEN

Managing director · since 09 février 2010 · until 29 avril 2013

Active

Ended mandates

LAURALCO

Managing director · since 01 décembre 2010 · until 08 février 2016 · 0473.197.177

Represented by Serge Couvreur

Ended
Johannes Arie BREUKHOVEN

Managing director · since 09 février 2010 · until 08 février 2016

Ended

Full financial information

Source · NBB
201220112010200920082007
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/10/201101/10/201001/10/200901/10/200801/10/200701/10/2006
Closing of the financial year30/09/201230/09/201130/09/201030/09/200930/09/200830/09/2007
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date19/06/201329/04/201228/04/201129/04/201030/04/200930/06/2008
General meeting08/05/201322/03/201222/02/201109/02/201010/02/200912/02/2008
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, 8 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model30/09/201208/05/201319/06/2013DutchPDF
Full model30/09/201122/03/201229/04/2012DutchPDF
Full model30/09/201022/02/201128/04/2011DutchPDF
Full model30/09/200909/02/201029/04/2010DutchPDF
Full model30/09/200810/02/200930/04/2009DutchPDF
Full modelCorrection30/09/200712/02/200830/06/2008DutchPDF
Full model30/09/200712/02/200828/04/2008DutchPDF
Full model30/09/200606/03/200729/03/2007DutchPDF

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 30/09/2012

6 active · 2 ended

Active mandates

Algemene Investerings- en Participatie Maatschappij "Agim Rotterdam" BV

Managing director · since 29 avril 2013 · until 12 février 2018

Represented by Johannes A. BREUKHOVEN

Active
FRESH Entertainment Holding BV

Managing director · since 29 avril 2013 · until 12 février 2018

Represented by Paul J.A. DUMAS

Active
ProCures Entertainment BV

Managing director · since 29 avril 2013 · until 12 février 2018

Represented by Maurits A. REGENBOOG

Active
Cornelis VAN WIJGAARDEN

Managing director · since 01 janvier 2013 · until 29 avril 2013

Active
CUSTOM MANAGEMENT BV

Managing director · since 16 novembre 2012 · until 29 avril 2013

Represented by Hermanus HOVESTAD

Active
Johannes Arie BREUKHOVEN

Managing director · since 09 février 2010 · until 29 avril 2013

Active

Ended mandates

LAURALCO

Managing director · since 01 décembre 2010 · until 08 février 2016 · 0473.197.177

Represented by Serge Couvreur

Ended
Johannes Arie BREUKHOVEN

Managing director · since 09 février 2010 · until 08 février 2016

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates16/10/2013
    ONTSLAGEN - BENOEMINGEN - BOEKJAAR
    PDF
  • Mandates10/10/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/08/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/07/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/05/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/03/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/01/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/11/2011
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2012
    Annual accounts 2012-3,5 M €↓
  2. 2011
    Annual accounts 2011-560,8 k €
  3. 21/11/1963
    IncorporationPublic limited company