OPENING OF BANKRUPTCY

NS DEVELOPMENT

Financial year 2018 · closed on 31/12/2018
Net result
-11,4 k €
+41.5% YoY
Equity
145 k €
-7.3% YoY
Workforce
16,5 ETP
-6.3% YoY

Company — Opening of bankruptcy.

What does NS DEVELOPMENT do?

NS DEVELOPMENT is a Public limited company incorporated in 1978. Its main activity is: Warehousing and support activities for transportation. Its registered office is in Mechelen. It employs on average 16,5 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0418.951.215
Incorporation
01/12/1978
Legal form
Public limited company
Registered office
Bautersemstraat 68A
2800 Mechelen · FlandreSee on map
Latest accounts
31/12/2018
Average workforce
16,5 ETP
Joint committees (3)
  • 109
  • 201
  • 215
Signals
Healthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20182017201520142011201020092008
Income statement
Revenue31,2 M €26,9 M €20,4 M €26,5 M €
EBITDA-1,3 k €7,4 k €-14,1 k €65 k €3,6 M €5,2 M €471,7 k €1,6 M €
Operating result-1,3 k €2,7 k €-24 k €55,2 k €3,3 M €4,9 M €88,6 k €912,1 k €
Net result-11,4 k €-19,6 k €-25,8 k €5 k €2,8 M €4,6 M €-142,1 k €478,1 k €
Balance sheet
Equity145 k €156,5 k €188,9 k €214,6 k €5,5 M €5,1 M €5 M €5,1 M €
Total assets1,5 M €1,5 M €3,5 M €2 M €33,7 M €28,9 M €8,5 M €8,7 M €
Cash11,1 k €25,4 k €64,8 k €7 k €219,9 k €260,7 k €188,6 k €524,8 k €
Debts1,4 M €1,3 M €3,3 M €1,8 M €28,1 M €23,9 M €3,6 M €3,5 M €
Other
Workforce16,5 ETP17,6 ETP17,5 ETP13,7 ETP45,9 ETP40,9 ETP41,4 ETP43,1 ETP
Governance

Board of directors

Seen on filing of 31/12/2018 · 5 active · 12 ended

Active mandates

FNG Beheer BE BV

Mandate · since 30 juillet 2019 · until 23 juin 2025

Represented by Dieter Penninckx

Active
M.A.D. COLLECTIONS

Director · since 01 mars 2018 · until 22 juin 2020 · 0862.015.343

Represented by Emmanuel Bracke

Active
FIGURAD BEDRIJFSREVISOREN

Mandate · since 30 novembre 2017 · until 27 septembre 2019 · 0423.109.644

Represented by Ann (A01494) Van Vlaenderen

Active
M.A.D. COLLECTIONS

Director · since 30 novembre 2017 · until 01 mars 2018 · 0862.015.343

Represented by Tine De Ryck

Active
Dieter Penninckx

Managing director · since 08 décembre 2015 · until 30 juillet 2019

Active

Ended mandates

M.A.D. COLLECTIONS

Director · since 30 novembre 2017 · until 22 juin 2020 · 0862.015.343

Represented by Tine De Ryck

Ended
Dieter Penninckx

Managing director · since 08 décembre 2015 · until 24 juin 2019

Ended
M.A.D. COLLECTIONS

Director · since 03 février 2011 · until 04 décembre 2017 · 0862.015.343

Represented by Tine De Ryck

Ended
M.A.D. COLLECTIONS

Director · since 03 février 2011 · until 04 décembre 2017 · 0862.015.343

Represented by Tine De Ryck

Ended
At this address

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FNG RootsBankrupt
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PRISMAXActive
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THS OutletBankrupt
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VAN HASSELSBankrupt
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Annual accounts

Full financial information

201820172016201520142013
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/201801/01/201701/04/201501/04/201401/04/201301/08/2011
Closing of the financial year31/12/201831/12/201731/12/201631/03/201531/03/201431/03/2013
Length of the financial year12 months12 months21 months12 months12 months20 months
Filing date30/09/201919/12/201828/12/201730/10/201529/10/201430/10/2013
General meeting27/09/201925/06/201830/11/201729/09/201526/09/201425/10/2013
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/201827/09/201930/09/2019DutchPDF
Full model31/12/201725/06/201819/12/2018DutchPDF
Full model31/12/201630/11/201728/12/2017DutchPDF
Full model31/03/201529/09/201530/10/2015DutchPDF
Full model31/03/201426/09/201429/10/2014DutchPDF
Full model31/03/201325/10/201330/10/2013DutchPDF
Full model31/07/201127/12/201125/01/2012DutchPDF
Full model31/07/201010/01/201131/01/2011DutchPDF
Full model31/05/200921/12/200930/12/2009DutchPDF
Full model31/05/200803/11/200817/12/2008DutchPDF
Full model31/05/200705/11/200730/01/2008DutchPDF
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 31/12/2018 · 5 active · 12 ended

Active mandates

FNG Beheer BE BV

Mandate · since 30 juillet 2019 · until 23 juin 2025

Represented by Dieter Penninckx

Active
M.A.D. COLLECTIONS

Director · since 01 mars 2018 · until 22 juin 2020 · 0862.015.343

Represented by Emmanuel Bracke

Active
FIGURAD BEDRIJFSREVISOREN

Mandate · since 30 novembre 2017 · until 27 septembre 2019 · 0423.109.644

Represented by Ann (A01494) Van Vlaenderen

Active
M.A.D. COLLECTIONS

Director · since 30 novembre 2017 · until 01 mars 2018 · 0862.015.343

Represented by Tine De Ryck

Active
Dieter Penninckx

Managing director · since 08 décembre 2015 · until 30 juillet 2019

Active

Ended mandates

M.A.D. COLLECTIONS

Director · since 30 novembre 2017 · until 22 juin 2020 · 0862.015.343

Represented by Tine De Ryck

Ended
Dieter Penninckx

Managing director · since 08 décembre 2015 · until 24 juin 2019

Ended
M.A.D. COLLECTIONS

Director · since 03 février 2011 · until 04 décembre 2017 · 0862.015.343

Represented by Tine De Ryck

Ended
M.A.D. COLLECTIONS

Director · since 03 février 2011 · until 04 décembre 2017 · 0862.015.343

Represented by Tine De Ryck

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates31/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other31/01/2020
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates28/08/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/08/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/03/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other20/04/2017
    DIVERSEN
    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. 2018
    Annual accounts 2018-11,4 k €
  2. 2017
    Annual accounts 2017-19,6 k €
  3. 2015
    Annual accounts 2015-25,8 k €
  4. 2014
    Annual accounts 20145 k €
  5. 2014
    Name changeNS DEVELOPMENT
  6. 2011
    Annual accounts 20112,8 M €
  7. 2010
    Annual accounts 20104,6 M €
  8. 2009
    Annual accounts 2009-142,1 k €
  9. 2008
    Annual accounts 2008478,1 k €
  10. 2008
    Name changeDEVO
  11. 01/12/1978
    IncorporationPublic limited company