OPENING OF BANKRUPTCY

Reynders

Financial year 2013 · closed on 31/07/2013
Net result
-54,8 k €
-146.5% YoY
Gross margin
1 M €
-19.4% YoY
Equity
123,9 k €
-30.6% YoY
Workforce
20,9 ETP
+13.6% YoY

Company — Opening of bankruptcy.

What does Reynders do?

Reynders is a Public limited company incorporated in 1969. Its main activity is: Joinery installation. Its registered office is in Oostende. It employs on average 20,9 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0406.768.015
Incorporation
01/07/1969
Legal form
Public limited company
Registered office
Zandvoordestraat 191
8400 Oostende · FlandreSee on map
Latest accounts
31/07/2013
Average workforce
20,9 ETP
Joint committees (2)
  • 124
  • 218
Signals
Positive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2013201220112009200820072006
Income statement
Gross margin1 M €1,3 M €1,7 M €1,2 M €1,4 M €1,3 M €1,1 M €
EBITDA136,7 k €385,4 k €263,2 k €401,9 k €362,8 k €357,6 k €194,9 k €
Operating result-23,4 k €209,1 k €44,5 k €307,8 k €285,5 k €296,4 k €130,5 k €
Net result-54,8 k €117,7 k €28,8 k €221,7 k €208,6 k €208,4 k €94,7 k €
Balance sheet
Equity123,9 k €178,7 k €361 k €954,2 k €853,5 k €839,3 k €706 k €
Total assets1,7 M €2,2 M €1,2 M €1,4 M €1,3 M €1,1 M €1,1 M €
Cash120 k €221,6 k €257,8 k €961,5 k €676,9 k €539,2 k €327,5 k €
Debts1,6 M €2 M €887,5 k €426,1 k €289,3 k €268,6 k €352,9 k €
Other
Workforce20,9 ETP18,4 ETP20,5 ETP23,8 ETP24,1 ETP24,2 ETP23,3 ETP
Governance

Board of directors

Seen on filing of 31/07/2013 · 2 active · 12 ended

Active mandates

Boekhouding-Fiscaliteit-Management

Managing director · since 03 juin 2013 · until 03 juin 2019 · 0883.234.389

Represented by Serge Claerbout

Active
Reynders Management Consulting

Director · since 03 juin 2013 · until 03 juin 2019 · 0827.683.776

Represented by Serge Claerbout

Active

Ended mandates

Serge Claerbout

Managing director · since 02 décembre 2010 · until 02 décembre 2016

Ended
Bron Consulting

Mandate · since 08 septembre 2010 · until 08 septembre 2016 · 0893.920.920

Represented by Sandrine De Latte

Ended
Bronconsulting

Director · since 08 septembre 2010 · until 08 septembre 2016 · 0893.920.920

Represented by Sandrine De Latte

Ended
Janus L

Mandate · since 08 septembre 2010 · until 15 mars 2011 · 0827.929.147

Represented by Peter Reynders

Ended
Annual accounts

Full financial information

201320122011200920082007
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/08/201201/08/201101/01/201001/01/200901/01/200801/01/2007
Closing of the financial year31/07/201331/07/201231/07/201131/12/200931/12/200831/12/2007
Length of the financial year12 months12 months19 months12 months12 months12 months
Filing date04/02/201408/05/201315/03/201207/07/201015/06/200904/04/2008
General meeting23/12/201319/04/201308/03/201219/06/201030/05/200925/03/2008
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/07/201323/12/201304/02/2014DutchPDF
Abridged model31/07/201219/04/201308/05/2013DutchPDF
Abridged model31/07/201108/03/201215/03/2012DutchPDF
Abridged model31/12/200919/06/201007/07/2010DutchPDF
Abridged model31/12/200830/05/200915/06/2009DutchPDF
Abridged model31/12/200725/03/200804/04/2008DutchPDF
Abridged model31/12/200626/05/200706/06/2007DutchPDF
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 31/07/2013 · 2 active · 12 ended

Active mandates

Boekhouding-Fiscaliteit-Management

Managing director · since 03 juin 2013 · until 03 juin 2019 · 0883.234.389

Represented by Serge Claerbout

Active
Reynders Management Consulting

Director · since 03 juin 2013 · until 03 juin 2019 · 0827.683.776

Represented by Serge Claerbout

Active

Ended mandates

Serge Claerbout

Managing director · since 02 décembre 2010 · until 02 décembre 2016

Ended
Bron Consulting

Mandate · since 08 septembre 2010 · until 08 septembre 2016 · 0893.920.920

Represented by Sandrine De Latte

Ended
Bronconsulting

Director · since 08 septembre 2010 · until 08 septembre 2016 · 0893.920.920

Represented by Sandrine De Latte

Ended
Janus L

Mandate · since 08 septembre 2010 · until 15 mars 2011 · 0827.929.147

Represented by Peter Reynders

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/06/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/05/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/01/2011
    ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates22/09/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/06/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares08/05/2008
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares08/05/2008
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares15/06/2006
    KAPITAAL - AANDELEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

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Timeline

  1. 2013
    Annual accounts 2013-54,8 k €
  2. 2012
    Annual accounts 2012117,7 k €
  3. 2011
    Annual accounts 201128,8 k €
  4. 2009
    Annual accounts 2009221,7 k €
  5. 2008
    Annual accounts 2008208,6 k €
  6. 2007
    Annual accounts 2007208,4 k €
  7. 2006
    Annual accounts 200694,7 k €
  8. 01/07/1969
    IncorporationPublic limited company