OPENING OF BANKRUPTCY

Mega World

Financial year 2019 · closed on 26/01/2019
Net result
-4,6 M €
-1440.8% YoY
Revenue
60,6 M €
-30.3% YoY
Equity
22,4 M €
-16.9% YoY
Workforce
462,9 ETP
-28.6% YoY

Company — Opening of bankruptcy.

What does Mega World do?

Mega World is a Public limited company incorporated in 1977. Its main activity is: Retail sale of other household equipment in specialised stores. Its registered office is in Lier. It employs on average 462,9 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0417.390.703
Incorporation
14/06/1977
Legal form
Public limited company
Registered office
Antwerpsestraat 36
2500 Lier · FlandreSee on map
Latest accounts
26/01/2019
Average workforce
462,9 ETP
Signals
Solid equityGood liquidityHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2019201820172016201520142013201220112010200920082007
Income statement
Revenue60,6 M €86,8 M €111 M €125 M €130,2 M €136,4 M €140,8 M €144,2 M €147,8 M €150,7 M €146,8 M €149,5 M €145,9 M €
EBITDA-2,9 M €-5,2 M €-26,1 M €5,2 M €2,4 M €7 M €8,5 M €10,6 M €10,2 M €10,7 M €8,1 M €10,5 M €6,6 M €
Operating result-4,4 M €-288,5 k €-30,5 M €1,7 M €-1,7 M €3,6 M €3 M €7,1 M €6,1 M €6,1 M €3,1 M €5,6 M €2 M €
Net result-4,6 M €340,5 k €-29,7 M €1,8 M €-1,7 M €2,6 M €2,5 M €5,1 M €4,6 M €3,8 M €2,2 M €4,4 M €-131,9 k €
Balance sheet
Equity22,4 M €27 M €26,7 M €56,3 M €54,5 M €56,2 M €53,6 M €51,1 M €46 M €41,4 M €37,6 M €35,4 M €30,9 M €
Total assets38,3 M €58,7 M €68,9 M €72,9 M €69,7 M €70,6 M €67,1 M €64,7 M €58,4 M €53 M €53,1 M €48,9 M €45,8 M €
Cash2 M €19,7 M €3,1 M €4 M €3,9 M €2,7 M €2,6 M €2,1 M €2,1 M €1,8 M €2,1 M €2,2 M €1,7 M €
Debts10,9 M €11,5 M €12,3 M €10,2 M €11,5 M €11,1 M €10,9 M €11,2 M €9,8 M €9,4 M €14,7 M €12,4 M €12,8 M €
Other
Workforce462,9 ETP647,9 ETP752,9 ETP786,3 ETP799,0 ETP797,3 ETP826,9 ETP867,6 ETP884,6 ETP884,8 ETP931,0 ETP915,5 ETP923,3 ETP
Governance

Board of directors

Seen on filing of 26/01/2019 · 5 active · 12 ended

Active mandates

Gerardus Kampschoer

Managing director · since 14 février 2019 · until 19 juillet 2022

Active
Robert Schuijt

Managing director · since 02 mai 2018 · until 14 février 2019

Active
Rudy Renders

Managing director · since 19 avril 2018 · until 02 mai 2018

Active
SWOT

Managing director · since 01 décembre 2017 · until 19 juillet 2022 · 0435.215.838

Represented by Edwin Huyghebaert

Active
CONNECTED WORLD

Managing director · since 25 août 2016 · until 19 avril 2018 · 0831.110.846

Represented by Bernd Bosch

Active

Ended mandates

Robert Schuijt

Managing director · since 02 mai 2018 · until 19 juillet 2022

Ended
CONNECTED WORLD

Managing director · since 25 août 2016 · until 19 juillet 2022 · 0831.110.846

Represented by Bernd Bosch

Ended
Edwin Huyghebaert

Managing director · since 25 août 2016 · until 01 décembre 2017

Ended
Edwin Huyghebaert

Managing director · since 25 août 2016 · until 19 juillet 2022

Ended
At this address

Other companies at this address

CompanyCBE no.
PIOCHEURBankrupt
0435.132.201
SWOTBankrupt
0435.215.838
Annual accounts

Full financial information

201920182017201620152014
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year28/01/201829/01/201731/01/201625/01/201526/01/201427/01/2013
Closing of the financial year26/01/201927/01/201828/01/201730/01/201624/01/201525/01/2014
Length of the financial year13 months13 months13 months13 months13 months13 months
Filing date08/08/201914/08/201812/10/201728/09/201624/09/201514/08/2014
General meeting16/07/201917/07/201818/07/201719/07/201622/07/201515/07/2014
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

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model26/01/201916/07/201908/08/2019DutchPDF
Full model27/01/201817/07/201814/08/2018DutchPDF
Full modelCorrection28/01/201718/07/201712/10/2017DutchPDF
Full model28/01/201718/07/201719/09/2017DutchPDF
Full model30/01/201619/07/201628/09/2016DutchPDF
Full model24/01/201522/07/201524/09/2015DutchPDF
Full model25/01/201415/07/201414/08/2014DutchPDF
Full model26/01/201316/07/201325/09/2013DutchPDF
Full model28/01/201217/07/201210/08/2012DutchPDF
Full modelCorrection29/01/201119/07/201117/10/2011DutchPDF
Full model29/01/201119/07/201101/08/2011DutchPDF
Full model30/01/201020/07/201027/07/2010DutchPDF
Full model24/01/200922/07/200904/08/2009DutchPDF
Full model26/01/200815/07/200831/07/2008DutchPDF
Full model27/01/200717/07/200709/11/2007DutchPDF
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 26/01/2019 · 5 active · 12 ended

Active mandates

Gerardus Kampschoer

Managing director · since 14 février 2019 · until 19 juillet 2022

Active
Robert Schuijt

Managing director · since 02 mai 2018 · until 14 février 2019

Active
Rudy Renders

Managing director · since 19 avril 2018 · until 02 mai 2018

Active
SWOT

Managing director · since 01 décembre 2017 · until 19 juillet 2022 · 0435.215.838

Represented by Edwin Huyghebaert

Active
CONNECTED WORLD

Managing director · since 25 août 2016 · until 19 avril 2018 · 0831.110.846

Represented by Bernd Bosch

Active

Ended mandates

Robert Schuijt

Managing director · since 02 mai 2018 · until 19 juillet 2022

Ended
CONNECTED WORLD

Managing director · since 25 août 2016 · until 19 juillet 2022 · 0831.110.846

Represented by Bernd Bosch

Ended
Edwin Huyghebaert

Managing director · since 25 août 2016 · until 01 décembre 2017

Ended
Edwin Huyghebaert

Managing director · since 25 août 2016 · until 19 juillet 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates13/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other28/04/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - DOEL - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates17/03/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/11/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/10/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/03/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/06/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/05/2018
    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. 2019
    Annual accounts 2019-4,6 M €
  2. 2018
    Annual accounts 2018340,5 k €
  3. 2017
    Annual accounts 2017-29,7 M €
  4. 2016
    Annual accounts 20161,8 M €
  5. 2015
    Annual accounts 2015-1,7 M €
  6. 2014
    Annual accounts 20142,6 M €
  7. 2013
    Annual accounts 20132,5 M €
  8. 2012
    Annual accounts 20125,1 M €
  9. 2011
    Annual accounts 20114,6 M €
  10. 2010
    Annual accounts 20103,8 M €
  11. 2009
    Annual accounts 20092,2 M €
  12. 2008
    Annual accounts 20084,4 M €
  13. 2007
    Annual accounts 2007-131,9 k €
  14. 14/06/1977
    IncorporationPublic limited company