OPENING OF BANKRUPTCY

Hoorens Printing

Company — Opening of bankruptcy.

Financial year 2012 · Closed on 31/12/2012

Net result
-184,8 k €
+49,4 %over 1 year
Revenue
46,2 M €
-7,0 %over 1 year
Equity
3,1 M €
-5,6 %over 1 year

Identity

Source · BCE/KBO

Hoorens Printing is a Public limited company incorporated in 1960. Its main activity is: Other printing. Its registered office is in Kortrijk.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0405.980.731
Incorporation
20/05/1960
Legal form
Public limited company
Registered office
Ringlaan(Heu) 12
8501 Kortrijk · FlandreSee on map
Latest accounts
31/12/2019
Joint committees (2)
  • 130
  • 218
Signals
Positive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 14 filings

Trend over 7 financial years

20122011201020092008
Income statement
Revenue46,2 M €49,6 M €48,7 M €46 M €50,4 M €
EBITDA3,8 M €3,5 M €4,4 M €2,7 M €3,3 M €
Operating result1,1 M €821,3 k €1,7 M €352,4 k €1,2 M €
Net result-184,8 k €-364,9 k €263,4 k €-727,4 k €-147,7 k €
Balance sheet
Equity3,1 M €3,3 M €3,7 M €3,4 M €4,1 M €
Total assets33,6 M €36,2 M €38,8 M €41 M €33,8 M €
Cash1,4 M €881,8 k €2,2 M €1,5 M €793,4 k €
Debts30,4 M €31,8 M €33,6 M €36,4 M €28,4 M €
Other
Workforce86,2 ETP86,7 ETP87,6 ETP96,0 ETP99,7 ETP

Board of directors

Source · NBB, accounts to 31/12/2019

5 active · 15 ended

Active mandates

BENOIT BEELE ADVOCAAT

Liquidator · since 26 mai 2020 · 0479.988.266

Represented by Benoit Beele

Active
Christophe Hoorens

Managing director · since 02 juin 2017 · until 26 mai 2020

Active
CHYVMAR

Director · since 02 juin 2017 · until 16 juin 2023 · 0450.133.745

Represented by Christophe Hoorens

Active
MACHYBELL

Director · since 02 juin 2017 · until 16 juin 2023 · 0433.167.356

Represented by Christophe Hoorens

Active
Tino Spillebeen

Director · since 02 juin 2017 · until 13 décembre 2019

Active

Ended mandates

Christophe Hoorens

Managing director · since 02 juin 2017 · until 16 juin 2023

Ended
Tino Spillebeen

Director · since 02 juin 2017 · until 16 juin 2023

Ended
Tino Spillebeen

Director · since 30 avril 2012 · until 16 juin 2017

Ended
Christophe HOORENS

Managing director · since 23 juin 2011 · until 16 juin 2017

Ended

Full financial information

Source · NBB
201920182017201620152014
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/201901/01/201801/01/201701/01/201601/01/201501/01/2014
Closing of the financial year31/12/201931/12/201831/12/201731/12/201631/12/201531/12/2014
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/10/202027/08/201905/07/201809/06/201720/06/201616/07/2015
General meeting21/10/202021/06/201915/06/201802/06/201717/06/201619/06/2015
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, 14 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/201921/10/202023/10/2020DutchPDF
Full model31/12/201821/06/201927/08/2019DutchPDF
Full model31/12/201715/06/201805/07/2018DutchPDF
Full model31/12/201602/06/201709/06/2017DutchPDF
Full model31/12/201517/06/201620/06/2016DutchPDF
Full model31/12/201419/06/201516/07/2015DutchPDF
Full model31/12/201320/06/201417/07/2014DutchPDF
Full model31/12/201221/06/201326/07/2013DutchPDF
Full model31/12/201129/06/201211/07/2012DutchPDF
Full model31/12/201023/06/201108/07/2011DutchPDF
Full model31/12/200918/06/201013/07/2010DutchPDF
Full model31/12/200819/06/200929/06/2009DutchPDF
Full model31/12/200720/06/200810/07/2008DutchPDF
Full model31/12/200615/06/200722/06/2007DutchPDF

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.

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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 31/12/2019

5 active · 15 ended

Active mandates

BENOIT BEELE ADVOCAAT

Liquidator · since 26 mai 2020 · 0479.988.266

Represented by Benoit Beele

Active
Christophe Hoorens

Managing director · since 02 juin 2017 · until 26 mai 2020

Active
CHYVMAR

Director · since 02 juin 2017 · until 16 juin 2023 · 0450.133.745

Represented by Christophe Hoorens

Active
MACHYBELL

Director · since 02 juin 2017 · until 16 juin 2023 · 0433.167.356

Represented by Christophe Hoorens

Active
Tino Spillebeen

Director · since 02 juin 2017 · until 13 décembre 2019

Active

Ended mandates

Christophe Hoorens

Managing director · since 02 juin 2017 · until 16 juin 2023

Ended
Tino Spillebeen

Director · since 02 juin 2017 · until 16 juin 2023

Ended
Tino Spillebeen

Director · since 30 avril 2012 · until 16 juin 2017

Ended
Christophe HOORENS

Managing director · since 23 juin 2011 · until 16 juin 2017

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Court decision03/07/2020
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
    PDF
  • Mandates13/05/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares19/12/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - KAPITAAL - AANDELEN
    PDF
  • Mandates29/11/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/08/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/10/2015
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/10/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/07/2012
    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 2012-184,8 k €↑
  2. 2011
    Annual accounts 2011-364,9 k €↓
  3. 2010
    Annual accounts 2010263,4 k €↑
  4. 2009
    Annual accounts 2009-727,4 k €↓
  5. 2008
    Annual accounts 2008-147,7 k €↓
  6. 2007
    Annual accounts 2007457,5 k €↑
  7. 2006
    Annual accounts 2006447 k €
  8. 20/05/1960
    IncorporationPublic limited company