VOLUNTARY DISSOLUTION - LIQUIDATION

GERCO

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Financial year 2016 · closed on 31/12/2016

Net result

-2,1 M €

-2085.6% YoY

Gross margin

-174,6 k €

-194.1% YoY

Equity

-1,7 M €

-546.6% YoY

Workforce

4,0 ETP

-36.5% YoY

Company — Voluntary dissolution - liquidation.

What does GERCO do?

GERCO is a Private company with limited liability incorporated in 1975. Its registered office is in Ardooie. It employs on average 4,0 ETP workers (FTE).

Legal situation

● Voluntary dissolution - liquidation

BCE/KBO no. / VAT

BE 0415.576.110

Incorporation

16/12/1975

Legal form

Private company with limited liability

Registered office

Polenplein 11 box 1
8850 Ardooie · FlandreSee on map

Latest accounts

31/12/2016

Average workforce

4,0 ETP

Joint committees (2)

Signals

Healthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 11 financial years

	2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-174,6 k €	-194%	185,6 k €	-59.0%	453 k €	-16.3%	541,3 k €	-8.3%	590,3 k €	-6.5%	631,4 k €	+42.0%	444,5 k €	+1.4%	438,6 k €	+6.8%	410,5 k €	+2.0%	402,6 k €	+5.2%	382,8 k €
EBITDA	-337,8 k €	-901%	42,1 k €	-82.2%	236,9 k €	-16.9%	285,2 k €	-8.2%	310,7 k €	-13.2%	358 k €	+75.0%	204,5 k €	-1.8%	208,3 k €	+15.8%	179,9 k €	-24.2%	237,2 k €	-0.6%	238,6 k €
Operating result	-2 M €	-9680%	20,9 k €	-89.5%	199,7 k €	-10.3%	222,7 k €	-19.6%	277 k €	-15.0%	326 k €	+106%	158 k €	-8.4%	172,5 k €	+39.4%	123,7 k €	-24.3%	163,4 k €	-8.3%	178,1 k €
Net result	-2,1 M €	-2086%	-97,1 k €	-353%	38,4 k €	+191%	13,2 k €	+568%	2 k €	-79.7%	9,7 k €	-9.7%	10,8 k €	+27.9%	8,4 k €	+381%	1,8 k €	-49.5%	3,5 k €	+6.4%	3,3 k €
Balance sheet
Equity	-1,7 M €	-547%	388,4 k €	-20.0%	485,6 k €	+8.6%	447,2 k €	+3.0%	434 k €	+0.5%	432 k €	+2.3%	422,3 k €	+2.6%	411,5 k €	+2.1%	403,1 k €	+0.4%	401,3 k €	+0.9%	397,9 k €
Total assets	419,9 k €	-85.6%	2,9 M €	-3.4%	3 M €	-2.9%	3,1 M €	+8.3%	2,9 M €	-9.0%	3,2 M €	+31.3%	2,4 M €	-8.7%	2,6 M €	+50.1%	1,8 M €	-16.0%	2,1 M €	+12.8%	1,9 M €
Cash	4,9 k €	-98.5%	335 k €	+460%	59,8 k €	-81.1%	316,7 k €	+161%	121,1 k €	-85.5%	836,9 k €	+226%	256,4 k €	-28.1%	356,8 k €		–		19,1 k €		–
Debts	2,1 M €	-17.1%	2,5 M €	+0.2%	2,5 M €	-4.1%	2,6 M €	+8.3%	2,4 M €	-10.8%	2,7 M €	+37.9%	2 M €	-11.0%	2,2 M €	+64.5%	1,3 M €	-18.4%	1,7 M €	+18.9%	1,4 M €
Other
Workforce	4,0 ETP	-36.5%	6,3 ETP	-43.8%	11,2 ETP	+17.9%	9,5 ETP	+9.2%	8,7 ETP	-13.0%	10,0 ETP	0.0%	10,0 ETP	+12.4%	8,9 ETP	+14.1%	7,8 ETP	+14.7%	6,8 ETP	+21.4%	5,6 ETP

Governance

Board of directors

Seen on filing of 31/12/2016 · 4 active · 4 ended

Active mandates

Cappelle Filip

Liquidator · since 02 septembre 2016

Active

Dirk Coene

Manager · until 02 septembre 2016

Active

Hans Coene

Manager · until 02 septembre 2016

Active

Peter Coene

Manager · until 02 septembre 2016

Active

Ended mandates

Dirk Coene

Manager

Ended

Eric Coene

Manager

Ended

Hans Coene

Manager

Ended

Peter Coene

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
HELA● Active	0846.484.158
PRIVATE STICHTING CHRISTINE● Active	0831.545.069
Vereniging van Mede-eigenaars Residentie Martinus te Ardooie, Polenplein 11● Active	0893.158.776

Annual accounts

Full financial information

	2016	2015	2014	2013	2012	2011
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2016	01/01/2015	01/01/2014	01/01/2013	01/01/2012	01/01/2011
Closing of the financial year	31/12/2016	31/12/2015	31/12/2014	31/12/2013	31/12/2012	31/12/2011
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/12/2017	31/08/2016	16/06/2015	04/07/2014	06/08/2013	16/08/2012
General meeting	01/01/9999	29/08/2016	18/05/2015	19/05/2014	21/05/2013	21/05/2012
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

Ratios

Financial ratios

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Filings

Annual accounts filings

11 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2016	01/01/9999	28/12/2017	Dutch	PDF
Abridged model	31/12/2015	29/08/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	18/05/2015	16/06/2015	Dutch	PDF
Abridged model	31/12/2013	19/05/2014	04/07/2014	Dutch	PDF
Abridged model	31/12/2012	21/05/2013	06/08/2013	Dutch	PDF
Abridged model	31/12/2011	21/05/2012	16/08/2012	Dutch	PDF
Abridged model	31/12/2010	16/05/2011	05/07/2011	Dutch	PDF
Abridged model	31/12/2009	17/05/2010	15/07/2010	Dutch	PDF
Abridged model	31/12/2008	18/05/2009	19/06/2009	Dutch	PDF
Abridged model	31/12/2007	19/05/2008	25/06/2008	Dutch	PDF
Abridged model	31/12/2006	21/05/2007	25/06/2007	Dutch	PDF

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 31/12/2016 · 4 active · 4 ended

Active mandates

Cappelle Filip

Liquidator · since 02 septembre 2016

Active

Dirk Coene

Manager · until 02 septembre 2016

Active

Hans Coene

Manager · until 02 septembre 2016

Active

Peter Coene

Manager · until 02 septembre 2016

Active

Ended mandates

Dirk Coene

Manager

Ended

Eric Coene

Manager

Ended

Hans Coene

Manager

Ended

Peter Coene

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/09/2016
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/01/2011
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates19/06/2006
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares30/09/2005
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates08/08/2005
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares16/06/2004
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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

2016
Annual accounts 2016-2,1 M €↓
2015
Annual accounts 2015-97,1 k €↓
2014
Annual accounts 201438,4 k €↑
2013
Annual accounts 201313,2 k €↑
2012
Annual accounts 20122 k €↓
2011
Annual accounts 20119,7 k €↓
2010
Annual accounts 201010,8 k €↑
2009
Annual accounts 20098,4 k €↑
2008
Annual accounts 20081,8 k €↓
2007
Annual accounts 20073,5 k €↑
2006
Annual accounts 20063,3 k €
16/12/1975
IncorporationPrivate company with limited liability

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

GERCO

Overview

What does GERCO do?

Trend over 11 financial years

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