OPENING OF BANKRUPTCY

REKAD

Financial year 2021 · closed on 31/12/2021
Net result
-301,3 k €
-38.4% YoY
Gross margin
104,3 k €
-40.5% YoY
Equity
-506,7 k €
-146.7% YoY
Workforce
6,6 ETP
-12.0% YoY

Company — Opening of bankruptcy.

What does REKAD do?

REKAD is a Public limited company incorporated in 1975. Its registered office is in Herentals. It employs on average 6,6 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0415.550.572
Incorporation
12/11/1975
Legal form
Public limited company
Registered office
Geelseweg(HRT) 47A
2200 Herentals · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2021
Average workforce
6,6 ETP
Joint committees (2)
  • 200
  • 218
Signals
Healthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin104,3 k €175,2 k €589,7 k €741,1 k €403,4 k €532,2 k €518,3 k €489,2 k €301,1 k €334,7 k €370 k €383,7 k €356,3 k €542,8 k €606,2 k €359,5 k €
EBITDA-246,1 k €-150 k €102,5 k €239,5 k €-98,2 k €74,5 k €44,6 k €54,5 k €1,6 k €-7,7 k €46,5 k €70,7 k €39,2 k €276,5 k €183,6 k €-218,9 k €
Operating result-278,5 k €-202 k €48,1 k €186,2 k €-164,2 k €20,4 k €20 k €17,5 k €-37,5 k €-44,4 k €-2,7 k €20,8 k €-30,5 k €230,9 k €150,1 k €-255,8 k €
Net result-301,3 k €-217,7 k €11,6 k €153,7 k €-167,6 k €-3,2 k €6,1 k €4,5 k €-32,5 k €-45,3 k €-5,3 k €6,2 k €-83,2 k €205,8 k €140,6 k €-237 k €
Balance sheet
Equity-506,7 k €-205,4 k €12,3 k €674,9 €-153 k €14,6 k €17,8 k €11,7 k €7,1 k €39,7 k €84,9 k €90,2 k €84 k €167,3 k €-38,5 k €-179,1 k €
Total assets1 M €1,2 M €1 M €1,9 M €972,2 k €1,2 M €1 M €996,3 k €1 M €875,1 k €898,1 k €922,6 k €969,1 k €900,7 k €715,9 k €730,5 k €
Cash24 k €17,6 k €67,3 k €176,5 k €39,7 k €80,6 k €67,6 k €87,8 k €23,4 k €31,1 k €148,2 k €157,6 k €104,3 k €54,3 k €46,2 k €59,2 k €
Debts1,5 M €1,4 M €1 M €1,9 M €1,1 M €1,2 M €1 M €888,1 k €974,1 k €783,5 k €791,9 k €775,5 k €797 k €680,4 k €655,6 k €826,8 k €
Other
Workforce6,6 ETP7,5 ETP7,5 ETP9,0 ETP8,8 ETP8,3 ETP8,4 ETP8,6 ETP6,7 ETP5,8 ETP5,8 ETP5,8 ETP5,8 ETP5,1 ETP7,9 ETP11,3 ETP
Governance

Board of directors

Seen on filing of 31/12/2021 · 3 active · 16 ended

Active mandates

Lieven Hemschoote

Director · since 21 février 2022

Active
BECOM

Director · since 12 septembre 2018 · until 21 février 2022 · 0439.779.588

Represented by Joseph Hemschoote

Active
REKAD PRODUKTIES

Director · since 12 septembre 2018 · until 21 février 2022 · 0422.276.137

Represented by Lieven Hemschoote

Active

Ended mandates

BECOM

Director · since 12 septembre 2018 · until 30 juin 2024 · 0439.779.588

Represented by Joseph Hemschoote

Ended
Lieven Hemschoote

Director · since 12 septembre 2018 · until 30 juin 2024

Ended
REKAD PRODUKTIES

Director · since 12 septembre 2018 · until 30 juin 2024 · 0422.276.137

Represented by Lieven Hemschoote

Ended
Lieven Hemschoote

Director · since 31 décembre 2012 · until 24 avril 2018

Ended
Annual accounts

Full financial information

202120202019201820172016
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202101/01/202001/01/201901/01/201801/01/201701/01/2016
Closing of the financial year31/12/202131/12/202031/12/201931/12/201831/12/201731/12/2016
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202201/07/202130/10/202030/08/201931/08/201829/09/2017
General meeting30/06/202230/06/202130/06/202030/06/201921/08/201812/09/2017
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

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202130/06/202231/08/2022DutchPDF
Abridged model31/12/202030/06/202101/07/2021DutchPDF
Abridged model31/12/201930/06/202030/10/2020DutchPDF
Abridged model31/12/201830/06/201930/08/2019DutchPDF
Abridged model31/12/201721/08/201831/08/2018DutchPDF
Abridged model31/12/201612/09/201729/09/2017DutchPDF
Abridged model31/12/201528/04/201605/07/2016DutchPDF
Abridged model31/12/201430/06/201528/08/2015DutchPDF
Abridged model31/12/201324/04/201414/07/2014DutchPDF
Abridged model31/12/201225/04/201317/07/2013DutchPDF
Abridged model31/12/201130/06/201216/07/2012DutchPDF
Abridged model31/12/201030/06/201130/08/2011DutchPDF
Abridged model31/12/200930/06/201021/07/2010DutchPDF
Abridged model31/12/200830/06/200920/07/2009DutchPDF
Abridged model31/12/200724/06/200825/06/2008DutchPDF
Abridged model31/12/200620/06/200709/07/2007DutchPDF
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 31/12/2021 · 3 active · 16 ended

Active mandates

Lieven Hemschoote

Director · since 21 février 2022

Active
BECOM

Director · since 12 septembre 2018 · until 21 février 2022 · 0439.779.588

Represented by Joseph Hemschoote

Active
REKAD PRODUKTIES

Director · since 12 septembre 2018 · until 21 février 2022 · 0422.276.137

Represented by Lieven Hemschoote

Active

Ended mandates

BECOM

Director · since 12 septembre 2018 · until 30 juin 2024 · 0439.779.588

Represented by Joseph Hemschoote

Ended
Lieven Hemschoote

Director · since 12 septembre 2018 · until 30 juin 2024

Ended
REKAD PRODUKTIES

Director · since 12 septembre 2018 · until 30 juin 2024 · 0422.276.137

Represented by Lieven Hemschoote

Ended
Lieven Hemschoote

Director · since 31 décembre 2012 · until 24 avril 2018

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates10/03/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/09/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/08/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/02/2008
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates07/05/2004
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/09/2002
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2021
    Annual accounts 2021-301,3 k €
  2. 2020
    Annual accounts 2020-217,7 k €
  3. 2019
    Annual accounts 201911,6 k €
  4. 2018
    Annual accounts 2018153,7 k €
  5. 2017
    Annual accounts 2017-167,6 k €
  6. 2016
    Annual accounts 2016-3,2 k €
  7. 2015
    Annual accounts 20156,1 k €
  8. 2014
    Annual accounts 20144,5 k €
  9. 2013
    Annual accounts 2013-32,5 k €
  10. 2012
    Annual accounts 2012-45,3 k €
  11. 2011
    Annual accounts 2011-5,3 k €
  12. 2010
    Annual accounts 20106,2 k €
  13. 2009
    Annual accounts 2009-83,2 k €
  14. 2008
    Annual accounts 2008205,8 k €
  15. 2007
    Annual accounts 2007140,6 k €
  16. 2006
    Annual accounts 2006-237 k €
  17. 12/11/1975
    IncorporationPublic limited company