OPENING OF BANKRUPTCY

Koninklijke Sporting Club Lokeren Oost-Vlaanderen

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Company — Opening of bankruptcy.

Financial year 2019 · Closed on 30/06/2019

Net result-4,1 M €+15,0 %over 1 year

Revenue8,2 M €-5,6 %over 1 year

Equity4 M €+568,7 %over 1 year

Workforce51,5 ETP-11,8 %over 1 year

Identity

Source · BCE/KBO

Koninklijke Sporting Club Lokeren Oost-Vlaanderen is a Public limited company incorporated in 1971. Its main activity is: Gambling and betting activities. Its registered office is in Lokeren. It employs on average 51,5 ETP workers (FTE).

Legal situation: Opening of bankruptcy
BCE/KBO no. / VAT: BE 0408.102.952
Incorporation: 25/01/1971
Legal form: Public limited company
Registered office: Daknamstraat 91
9160 Lokeren · FlandreSee on map
Latest accounts: 30/06/2019
Average workforce: 51,5 ETP

Activities (NACE)

92613Gambling and betting activities· main 93110Operation of sports facilities 93110Operation of sports facilities 55401Accommodation 56301Beverage serving activities 56301Beverage serving activities

Joint committees (4)

218
223
329
32901

Signals

Solid equityHealthy social debtsHigh revenue

Financials

Source · NBB, 12 filings

Trend over 11 financial years

	2019		2018		2017		2016		2015
Income statement
Revenue	8,2 M €	-5.6%	8,7 M €	+121%	3,9 M €	-53.4%	8,5 M €	-10.9%	9,5 M €
EBITDA	-1,7 M €	+13.2%	-1,9 M €	-1299%	160,1 k €	+209%	-147 k €	-102%	8,9 M €
Operating result	-4 M €	+16.3%	-4,8 M €	-614%	-666,2 k €	+63.9%	-1,8 M €	-125%	7,4 M €
Net result	-4,1 M €	+15.0%	-4,8 M €	-533%	-759,1 k €	+70.0%	-2,5 M €	-145%	5,6 M €
Balance sheet
Equity	4 M €	+569%	-844,4 k €	-123%	3,7 M €	-50.0%	7,4 M €	-26.3%	10 M €
Total assets	12,5 M €	+7.0%	11,7 M €	-23.6%	15,3 M €	-28.7%	21,5 M €	-4.5%	22,5 M €
Cash	342,6 k €	-58.3%	820,8 k €	+177%	296,1 k €	-76.9%	1,3 M €	-67.0%	3,9 M €
Debts	8,5 M €	-31.7%	12,4 M €	+7.7%	11,5 M €	+6.2%	10,8 M €	+19.3%	9,1 M €
Other
Workforce	51,5 ETP	-11.8%	58,4 ETP	+8.6%	53,8 ETP	+7.4%	50,1 ETP	+10.6%	45,3 ETP

Board of directors

Source · NBB, accounts to 30/06/2019

9 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Daniëlle De Laet	Director27/06/2019 → 27/06/2025
Eric Verhoeven	Director27/06/2019 → 27/06/2025
Eugène Van Koppen	Director27/06/2019 → 27/06/2025
Joris Van Thillo	Director27/06/2019 → 27/06/2025
Louis De Vries	Managing director27/06/2019 → 27/06/2025
Wilhelmus A.H.J Janssen	Director27/06/2019 → 27/06/2025
Euro-African Consultancy NV0456.058.960Represented by Roger Lambrecht	Director27/02/2017 → 09/06/2023
Sportmanagement NV0456.973.334Represented by Dirk Lambrecht	Director14/05/2006 → 09/06/2023
Voetbalmanagement NV0412.916.033Represented by Roger Lambrecht	Managing director27/02/2017 → 09/06/2023Mandate14/05/2012 → 14/05/2018endedChairman of the board of directorssince 14/05/2006ended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Moore Audit0453.925.059Represented by Geert Van Peteghem	Mandate

Other companies at this address

Daknamstraat 91 9160 Lokeren

Company	CBE no.
Koninklijke Sporting Club Lokeren● Active	0474.945.949
Koninklijke Sporting Club Lokeren - Temse● Active	0407.879.753
Sporting Lokeren Academy● Active	0887.906.524

Full financial information

Source · NBB

	2019	2018	2017	2016	2015	2014
Type of account	Full model	Full model	Full model	Full model	Full model	Abridged model
Start of the financial year	01/07/2018	01/07/2017	01/01/2017	01/01/2016	01/01/2015	01/01/2014
Closing of the financial year	30/06/2019	30/06/2018	30/06/2017	31/12/2016	31/12/2015	31/12/2014
Length of the financial year	12 months	12 months	6 months	12 months	12 months	12 months
Filing date	19/11/2019	13/03/2019	05/07/2018	21/02/2017	14/02/2017	29/01/2016
General meeting	10/10/2019	15/02/2019	09/02/2018	15/02/2017	15/02/2016	13/02/2015
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 12 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	30/06/2019	10/10/2019	19/11/2019	Dutch	PDF
Full model	30/06/2018	15/02/2019	13/03/2019	Dutch	PDF
Full model	30/06/2017	09/02/2018	05/07/2018	Dutch	PDF
Full model	31/12/2016	15/02/2017	21/02/2017	Dutch	PDF
Full model	31/12/2015	15/02/2016	14/02/2017	Dutch	PDF
Abridged model	31/12/2014	13/02/2015	29/01/2016	Dutch	PDF
Abridged model	31/12/2013	17/02/2014	26/11/2014	Dutch	PDF
Abridged model	31/12/2012	15/02/2013	04/05/2013	Dutch	PDF
Abridged model	31/12/2010	15/02/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	26/02/2010	30/08/2010	Dutch	PDF
Abridged model	31/12/2008	27/02/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	27/02/2009	05/03/2009	Dutch	PDF

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 30/06/2019

9 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Daniëlle De Laet	Director27/06/2019 → 27/06/2025
Eric Verhoeven	Director27/06/2019 → 27/06/2025
Eugène Van Koppen	Director27/06/2019 → 27/06/2025
Joris Van Thillo	Director27/06/2019 → 27/06/2025
Louis De Vries	Managing director27/06/2019 → 27/06/2025
Wilhelmus A.H.J Janssen	Director27/06/2019 → 27/06/2025
Euro-African Consultancy NV0456.058.960Represented by Roger Lambrecht	Director27/02/2017 → 09/06/2023
Sportmanagement NV0456.973.334Represented by Dirk Lambrecht	Director14/05/2006 → 09/06/2023
Voetbalmanagement NV0412.916.033Represented by Roger Lambrecht	Managing director27/02/2017 → 09/06/2023Mandate14/05/2012 → 14/05/2018endedChairman of the board of directorssince 14/05/2006ended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Moore Audit0453.925.059Represented by Geert Van Peteghem	Mandate

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates03/03/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/10/2019
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares17/07/2019
KAPITAAL - AANDELEN - ALGEMENE VERGADERING
PDF
Mandates16/07/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/09/2018
ONTSLAGEN - BENOEMINGEN
PDF
Other04/08/2017
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates22/03/2017
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Other22/03/2017
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF

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Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings11 filings

Mandates

Eric Verhoeven

Eugène Van Koppen

Daniëlle De Laet

Joris Van Thillo

Louis De Vries

Wilhelmus A.H.J Janssen

Voetbalmanagement NV

Euro-African Consultancy NV

Sportmanagement NV

19711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

Koninklijke Sporting Club Lokeren Oost-Vlaanderen

No data

Director

Managing director

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Daknamstraat 91, 9160 LokerenCurrent		CBE

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Koninklijke Sporting Club Lokeren Oost-VlaanderenCurrent	accounts 2007 → 2019	Accounts 2019 · 2019-73900187

Events

2019
Annual accounts 2019-4,1 M €↑
2018
Annual accounts 2018-4,8 M €↓
2017
Annual accounts 2017-759,1 k €↑
2016
Annual accounts 2016-2,5 M €↓
2015
Annual accounts 20155,6 M €↑
2014
Annual accounts 20141,4 M €↑
2013
Annual accounts 20131 M €↓
2012
Annual accounts 20122 M €↑
2009
Annual accounts 2009-2,6 M €↓
2008
Annual accounts 2008-375,6 k €↑
2007
Annual accounts 2007-546,8 k €
25/01/1971
IncorporationPublic limited company

Koninklijke Sporting Club Lokeren Oost-Vlaanderen

Overview

Identity

Financials

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events