OPENING OF BANKRUPTCY

EURO FOURNITURES

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Company — Opening of bankruptcy.

Financial year 2020 · Closed on 31/12/2020

Net result-1,1 k €+91,5 %over 1 year
Gross margin19,6 k €+346,0 %over 1 year
Equity174,9 k €-0,6 %over 1 year

Identity

Source · BCE/KBO

EURO FOURNITURES is a Public limited company incorporated in 1985. Its main activity is: Wholesale of watches and jewellery. Its registered office is in Floreffe.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0426.755.260
Incorporation
16/01/1985
Legal form
Public limited company
Registered office
Rue Emile-Romedenne 16
5150 Floreffe · WallonieSee on map
Contributed capital
179 722,81 €
Latest accounts
31/12/2020
Joint committees (2)
  • 201
  • 218
Signals
Solid equityGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 15 filings

Trend over 15 financial years

20202019201820172016
Income statement
Gross margin19,6 k €-8 k €2 k €30,3 k €19,1 k €
EBITDA17,5 k €-9,5 k €-557,1 €14,7 k €15,4 k €
Operating result15,4 k €-14,5 k €-5,7 k €21,9 k €9,8 k €
Net result-1,1 k €-13,1 k €-5,2 k €21,8 k €7,1 k €
Balance sheet
Equity174,9 k €176 k €189,2 k €194,4 k €172,6 k €
Total assets236,7 k €224 k €235,6 k €251,2 k €219,8 k €
Cash9,4 k €4,8 k €8,8 k €9,1 k €3,9 k €
Debts61,7 k €48 k €46,4 k €56,8 k €47,2 k €

Board of directors

Source · NBB, accounts to 31/12/2020

2 active · 8 ended

Active mandates

ALAIN HERMANE

Managing director · since 27 mars 2023 · until 30 juin 2029

Active
ALPHONSE HERMANE

Director · since 27 mars 2023 · until 30 juin 2029

Active

Ended mandates

ALAIN HERMANE

Managing director · since 02 octobre 2015 · until 30 juin 2021

Ended
Alphone Hermane

Director · since 02 octobre 2015 · until 30 juin 2021

Ended
Alphonse Hermane

Director · since 02 octobre 2015 · until 30 juin 2021

Ended
Katia Vliers

Mandate

Ended

Other companies at this address

Rue Emile-Romedenne 16 5150 Floreffe
CompanyCBE no.
L'Equation du Temps● Active
0795.280.531

Full financial information

Source · NBB
202020192018201720162015
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelAbridged model
Start of the financial year01/01/202001/01/201901/01/201801/01/201701/01/201601/01/2015
Closing of the financial year31/12/202031/12/201931/12/201831/12/201731/12/201631/12/2015
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/03/202319/03/202116/11/202024/06/201917/03/201814/10/2016
General meeting27/03/202311/03/202116/11/202019/06/201917/03/201827/09/2016
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 model31/12/202027/03/202329/03/2023FrenchPDF
Micro model31/12/201911/03/202119/03/2021FrenchPDF
Micro model31/12/201816/11/202016/11/2020FrenchPDF
Micro model31/12/201719/06/201924/06/2019FrenchPDF
Micro model31/12/201617/03/201817/03/2018FrenchPDF
Abridged model31/12/201527/09/201614/10/2016FrenchPDF
Abridged model31/12/201413/06/201524/08/2015DutchPDF
Abridged model31/12/201314/06/201422/07/2014DutchPDF
Abridged model31/12/201208/06/201309/07/2013DutchPDF
Abridged model31/12/201109/06/201230/07/2012DutchPDF
Abridged model31/12/201011/06/201107/07/2011DutchPDF
Abridged model31/12/200930/06/201005/08/2010DutchPDF
Abridged model31/12/200813/06/200926/06/2009DutchPDF
Abridged model31/12/200714/06/200816/06/2008DutchPDF
Abridged model31/12/200609/06/200728/06/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2020

2 active · 8 ended

Active mandates

ALAIN HERMANE

Managing director · since 27 mars 2023 · until 30 juin 2029

Active
ALPHONSE HERMANE

Director · since 27 mars 2023 · until 30 juin 2029

Active

Ended mandates

ALAIN HERMANE

Managing director · since 02 octobre 2015 · until 30 juin 2021

Ended
Alphone Hermane

Director · since 02 octobre 2015 · until 30 juin 2021

Ended
Alphonse Hermane

Director · since 02 octobre 2015 · until 30 juin 2021

Ended
Katia Vliers

Mandate

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates15/12/2015
    DENOMINATION - OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates14/10/2015
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

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Timeline

  1. 2020
    Annual accounts 2020-1,1 k €↑
  2. 2019
    Annual accounts 2019-13,1 k €↓
  3. 2018
    Annual accounts 2018-5,2 k €↓
  4. 2017
    Annual accounts 201721,8 k €↑
  5. 2016
    Annual accounts 20167,1 k €↑
  6. 2015
    Annual accounts 2015-4,9 k €↓
  7. 2015
    Name changeEURO FOURNITURES
  8. 2014
    Annual accounts 20143,9 k €↑
  9. 2013
    Annual accounts 2013-6,1 k €↓
  10. 2012
    Annual accounts 2012-5,5 k €↓
  11. 2011
    Annual accounts 2011-2,1 k €↓
  12. 2010
    Annual accounts 20106,1 k €↑
  13. 2009
    Annual accounts 20091,6 k €↑
  14. 2008
    Annual accounts 2008-9,4 k €↓
  15. 2007
    Annual accounts 20075,6 k €↓
  16. 2006
    Annual accounts 200615,9 k €
  17. 2006
    Name changeRAEMAEKERS
  18. 16/01/1985
    IncorporationPublic limited company