OPENING OF BANKRUPTCY

ENTREPRISES DE MENUISERIE DE BAERE FRERES

Company — Opening of bankruptcy.

Financial year 2019 · Closed on 31/12/2019

Net result-100,7 k €+93,8 %over 1 year
Gross margin107,3 k €-79,2 %over 1 year
Equity1,2 M €-7,7 %over 1 year

Identity

Source · BCE/KBO

ENTREPRISES DE MENUISERIE DE BAERE FRERES is a Private company with limited liability incorporated in 1981. Its main activity is: Joinery installation. Its registered office is in Ellezelles.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0421.948.614
Incorporation
01/10/1981
Legal form
Private company with limited liability
Registered office
Rue Docteur André 54
7890 Ellezelles · WallonieSee on map
Contributed capital
35 000,00 €
Latest accounts
31/12/2019
Joint committees (3)
  • 124
  • 200
  • 218
Signals
Solid equityGood liquidityPositive EBITDA

Financials

Source · NBB, 15 filings

Trend over 14 financial years

20192018201720162015
Income statement
Gross margin107,3 k €515,6 k €257,9 k €249,4 k €351,9 k €
EBITDA8,2 k €-1,5 M €34,5 k €-22,9 k €103,4 k €
Operating result-81,8 k €-1,6 M €-58,3 k €-124,3 k €79,9 k €
Net result-100,7 k €-1,6 M €-61 k €-130,2 k €76,8 k €
Balance sheet
Equity1,2 M €1,3 M €2,9 M €3 M €2 M €
Total assets1,8 M €2 M €4,1 M €4 M €2,9 M €
Cash3,1 k €2,6 k €16,2 k €84 €11,5 k €
Debts611,7 k €684,1 k €1,1 M €950,7 k €883,4 k €
Other
Workforce––6,0 ETP5,7 ETP5,5 ETP

Board of directors

Source · NBB, accounts to 31/12/2019

1 active · 3 ended

Active mandates

WOODHILLS MANAGEMENT

Manager · since 25 septembre 2014 · 0534.386.361

Represented by BUYSENS Nicolas

Active

Ended mandates

WOODHILLS MANAGEMENT

Manager · since 01 juin 2013 · 0534.386.361

Represented by DEBAISIEUX Alain

Ended
André DE BAERE

Manager

Ended
Roger DE BAERE

Manager

Ended

Other companies at this address

Rue Docteur André 54 7890 Ellezelles
CompanyCBE no.
WOODHILLS MANAGEMENT● Liquidation
0534.386.361

Full financial information

Source · NBB
202120192018201720162015
Type of accountMicro modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202101/01/201901/01/201801/01/201701/01/201601/01/2015
Closing of the financial year31/12/202131/12/201931/12/201831/12/201731/12/201631/12/2015
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date02/03/202322/06/202119/05/202130/08/201803/08/201702/08/2016
General meeting19/06/202218/06/202017/06/201918/06/201819/06/201710/05/2016
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 15 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202119/06/202202/03/2023FrenchPDF
Abridged model31/12/201918/06/202022/06/2021FrenchPDF
Abridged model31/12/201817/06/201919/05/2021FrenchPDF
Abridged model31/12/201718/06/201830/08/2018FrenchPDF
Abridged model31/12/201619/06/201703/08/2017FrenchPDF
Abridged model31/12/201510/05/201602/08/2016FrenchPDF
Abridged model31/12/201412/05/201528/08/2015FrenchPDF
Abridged model31/12/201313/05/201430/09/2014FrenchPDF
Abridged model31/12/201208/04/201317/05/2013FrenchPDF
Abridged model31/12/201108/05/201217/08/2012FrenchPDF
Abridged model31/12/201010/05/201117/08/2011FrenchPDF
Abridged model31/12/200911/05/201030/08/2010FrenchPDF
Abridged model31/12/200812/05/200923/06/2009FrenchPDF
Abridged model31/12/200713/05/200825/08/2008FrenchPDF
Abridged model31/12/200608/05/200721/08/2007FrenchPDF

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.

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Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2019

1 active · 3 ended

Active mandates

WOODHILLS MANAGEMENT

Manager · since 25 septembre 2014 · 0534.386.361

Represented by BUYSENS Nicolas

Active

Ended mandates

WOODHILLS MANAGEMENT

Manager · since 01 juin 2013 · 0534.386.361

Represented by DEBAISIEUX Alain

Ended
André DE BAERE

Manager

Ended
Roger DE BAERE

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring04/07/2018
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates06/10/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/06/2013
    DEMISSIONS, NOMINATIONS
    PDF
  • Other30/08/2005
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF

Similar companies

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

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Timeline

  1. 2019
    Annual accounts 2019-100,7 k €↑
  2. 2018
    Annual accounts 2018-1,6 M €↓
  3. 2017
    Annual accounts 2017-61 k €↑
  4. 2016
    Annual accounts 2016-130,2 k €↓
  5. 2015
    Annual accounts 201576,8 k €↑
  6. 2014
    Annual accounts 201466,1 k €↑
  7. 2013
    Annual accounts 201330,4 k €↓
  8. 2012
    Annual accounts 2012252,3 k €↑
  9. 2011
    Annual accounts 2011215,4 k €↓
  10. 2010
    Annual accounts 2010323,8 k €↑
  11. 2009
    Annual accounts 2009300,9 k €↓
  12. 2008
    Annual accounts 2008489,4 k €↑
  13. 2007
    Annual accounts 2007392,4 k €↑
  14. 2006
    Annual accounts 2006251,2 k €
  15. 01/10/1981
    IncorporationPrivate company with limited liability