OPENING OF BANKRUPTCY

KRUEGER SYSTEMS

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Financial year 2021 · closed on 31/12/2021

Net result

-17,7 k €

-659.5% YoY

Revenue

276,4 k €

-13.6% YoY

Equity

18,1 k €

-49.4% YoY

Workforce

2,2 ETP

+10.0% YoY

Company — Opening of bankruptcy.

What does KRUEGER SYSTEMS do?

KRUEGER SYSTEMS is a Private company with limited liability incorporated in 1980. Its main activity is: Wholesale of machine tools. Its registered office is in Puurs-Sint-Amands. It employs on average 2,2 ETP workers (FTE).

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0420.290.805

Incorporation

24/03/1980

Legal form

Private company with limited liability

Registered office

Lichterstraat 77B
2870 Puurs-Sint-Amands · FlandreSee on map

Contributed capital

30 986,69 €

Latest accounts

31/12/2021

Average workforce

2,2 ETP

Activities (NACE)

46620Wholesale of machine tools· main 46620Wholesale of machine tools 51810Air transport 33200Installation of industrial machinery and equipment 33200Installation of industrial machinery and equipment 33300Repair and installation of machinery and equipment+3

Joint committees (2)

14904
218

Signals

Positive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	276,4 k €	-13.6%	320 k €	-2.0%	326,6 k €	-25.7%	439,8 k €	-15.7%	521,7 k €	+38.6%	376,5 k €	-23.0%	489 k €	+24.0%	394,4 k €	-2.5%	404,4 k €	+12.8%	358,5 k €	-17.6%	435,1 k €		–		428,7 k €	+20.5%	355,9 k €	-16.2%	424,9 k €	-2.4%	435,5 k €
EBITDA	11 k €	-75.3%	44,6 k €	+35.7%	32,8 k €	-4.3%	34,3 k €	-42.7%	59,9 k €	+1176%	-5,6 k €	-148%	11,6 k €	+76.6%	6,6 k €	-28.3%	9,2 k €	-46.9%	17,3 k €	+147%	7 k €	-86.3%	51 k €	+14.3%	44,6 k €	+215%	14,2 k €	-41.2%	24,1 k €	+1330%	1,7 k €
Operating result	-12 k €	-200%	12 k €	+2566%	-484,9 €	-148%	1 k €	-96.2%	26,6 k €	+199%	-26,9 k €	-11133%	243,4 €	+106%	-4,2 k €	-164%	-1,6 k €	-124%	6,5 k €	+744%	771,6 €	-97.9%	36,2 k €	+22.9%	29,5 k €	+1869%	-1,7 k €	-119%	8,7 k €	+151%	-16,9 k €
Net result	-17,7 k €	-659%	3,2 k €	+121%	-14,8 k €	-39.9%	-10,6 k €	-173%	14,6 k €	+159%	-24,5 k €	-1096%	2,5 k €	+464%	436,8 €	-94.9%	8,6 k €	-3.8%	8,9 k €	-22.1%	11,4 k €	-68.2%	36 k €	+28.9%	28 k €	+1545%	-1,9 k €	-118%	10,7 k €	+156%	-19,1 k €
Balance sheet
Equity	18,1 k €	-49.4%	35,8 k €	+9.7%	32,6 k €	-31.3%	47,4 k €	-18.3%	58,1 k €	+33.5%	43,5 k €	-36.1%	68 k €	+3.8%	65,5 k €	-37.6%	105,1 k €	-25.7%	141,5 k €	-33.0%	211,4 k €	+5.7%	199,9 k €	+22.0%	163,9 k €	+20.6%	135,9 k €	-1.4%	137,9 k €	+8.5%	127,1 k €
Total assets	228,7 k €	-30.6%	329,8 k €	+16.6%	282,7 k €	-18.0%	345 k €	-12.8%	395,8 k €	+20.1%	329,5 k €	-17.0%	396,9 k €	+55.7%	254,9 k €	-6.1%	271,4 k €	-17.2%	328 k €	-25.6%	440,7 k €	-0.9%	444,9 k €	+84.6%	241 k €	+14.9%	209,7 k €	-13.3%	241,9 k €	+0.1%	241,7 k €
Cash	494,6 €	-84.4%	3,2 k €	+56.3%	2 k €	-46.0%	3,8 k €	+35.6%	2,8 k €	-19.6%	3,4 k €	+43.8%	2,4 k €	-82.9%	14 k €	+184%	4,9 k €	-70.6%	16,7 k €	-51.0%	34 k €	+21.4%	28 k €	-40.7%	47,3 k €	+6.3%	44,5 k €	-14.9%	52,2 k €	+133%	22,4 k €
Debts	205,4 k €	-29.0%	289,1 k €	+17.9%	245,3 k €	-16.4%	293,3 k €	-11.9%	333 k €	+18.2%	281,7 k €	-13.2%	324,6 k €	+77.7%	182,6 k €	+14.4%	159,6 k €	-12.3%	182 k €	-19.1%	224,9 k €	-6.5%	240,6 k €	+230%	72,8 k €	+6.0%	68,7 k €	-26.6%	93,5 k €	-13.6%	108,2 k €
Other
Workforce	2,2 ETP	+10.0%	2,0 ETP	-4.8%	2,1 ETP	-4.5%	2,2 ETP	0.0%	2,2 ETP	0.0%	2,2 ETP	0.0%	2,2 ETP	0.0%	2,2 ETP	+10.0%	2,0 ETP	+66.7%	1,2 ETP	0.0%	1,2 ETP	-7.7%	1,3 ETP	-23.5%	1,7 ETP	0.0%	1,7 ETP	0.0%	1,7 ETP	-22.7%	2,2 ETP

Governance

Board of directors

Seen on filing of 31/12/2021 · 1 active · 5 ended

Active mandates

Bart Buelens

Director · since 16 mars 2010

Active

Ended mandates

Bart Buelens

Manager · since 16 mars 2010

Ended

Wilfried Lauwers

Manager · since 16 mars 2010

Ended

Benedictus Ballon

Manager · since 18 avril 1980 · until 16 mars 2010

Ended

Benedictus Ballon

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
ESOX GROUP● Bankrupt	0871.521.442

Annual accounts

Full financial information

	2021	2020	2019	2018	2017	2016
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2021	01/01/2020	01/01/2019	01/01/2018	01/01/2017	01/01/2016
Closing of the financial year	31/12/2021	31/12/2020	31/12/2019	31/12/2018	31/12/2017	31/12/2016
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/07/2022	08/07/2021	06/07/2020	27/06/2019	23/05/2018	21/06/2017
General meeting	06/05/2022	07/05/2021	04/05/2020	03/05/2019	04/05/2018	05/05/2017
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

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2021	06/05/2022	27/07/2022	Dutch	PDF
Abridged model	31/12/2020	07/05/2021	08/07/2021	Dutch	PDF
Abridged model	31/12/2019	04/05/2020	06/07/2020	Dutch	PDF
Abridged model	31/12/2018	03/05/2019	27/06/2019	Dutch	PDF
Abridged model	31/12/2017	04/05/2018	23/05/2018	Dutch	PDF
Abridged model	31/12/2016	05/05/2017	21/06/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	27/06/2016	Dutch	PDF
Abridged model	31/12/2014	05/05/2015	07/08/2015	Dutch	PDF
Abridged model	31/12/2013	02/05/2014	18/06/2014	Dutch	PDF
Abridged model	31/12/2012	03/05/2013	24/06/2013	Dutch	PDF
Abridged model	31/12/2011	04/05/2012	27/06/2012	Dutch	PDF
Abridged model	31/12/2010	20/09/2011	30/09/2011	Dutch	PDF
Abridged model	31/12/2009	07/05/2010	09/06/2010	Dutch	PDF
Abridged model	31/12/2008	04/05/2009	03/06/2009	Dutch	PDF
Abridged model	31/12/2007	09/05/2008	13/05/2008	Dutch	PDF
Abridged model	31/12/2006	04/05/2007	18/06/2007	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 31/12/2021 · 1 active · 5 ended

Active mandates

Bart Buelens

Director · since 16 mars 2010

Active

Ended mandates

Bart Buelens

Manager · since 16 mars 2010

Ended

Wilfried Lauwers

Manager · since 16 mars 2010

Ended

Benedictus Ballon

Manager · since 18 avril 1980 · until 16 mars 2010

Ended

Benedictus Ballon

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office21/09/2011
MAATSCHAPPELIJKE ZETEL
PDF
Mandates08/04/2010
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

2021
Annual accounts 2021-17,7 k €↓
2020
Annual accounts 20203,2 k €↑
2019
Annual accounts 2019-14,8 k €↓
2018
Annual accounts 2018-10,6 k €↓
2017
Annual accounts 201714,6 k €↑
2016
Annual accounts 2016-24,5 k €↓
2015
Annual accounts 20152,5 k €↑
2014
Annual accounts 2014436,8 €↓
2013
Annual accounts 20138,6 k €↓
2012
Annual accounts 20128,9 k €↓
2011
Annual accounts 201111,4 k €↓
2010
Annual accounts 201036 k €↑
2009
Annual accounts 200928 k €↑
2008
Annual accounts 2008-1,9 k €↓
2007
Annual accounts 200710,7 k €↑
2006
Annual accounts 2006-19,1 k €
24/03/1980
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

KRUEGER SYSTEMS

Overview

What does KRUEGER SYSTEMS do?

Trend over 16 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