OPENING OF BANKRUPTCY

VERTIGO

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Financial year 2018 · closed on 31/12/2018

Net result

-18,9 k €

-284.4% YoY

Gross margin

339,7 k €

+77.0% YoY

Equity

513,4 k €

-3.6% YoY

Company — Opening of bankruptcy.

What does VERTIGO do?

VERTIGO is a Private company with limited liability incorporated in 1985. Its main activity is: Wholesale of clothing and footwear. Its registered office is in Lievegem.

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0427.071.501

Incorporation

18/03/1985

Legal form

Private company with limited liability

Registered office

Moststraat(OW) 1
9931 Lievegem · FlandreSee on map

Latest accounts

31/12/2020

Activities (NACE)

46423Wholesale of clothing and footwear· main 46423Wholesale of clothing and footwear 51421Air transport

Joint committees (2)

Signals

Solid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2018		2017		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	339,7 k €	+77.0%	191,9 k €	+490%	32,5 k €	-75.3%	132 k €	-63.3%	359,4 k €	-54.2%	784 k €	+134%	334,7 k €	+33.2%	251,3 k €	-5.7%	266,4 k €	-8.7%	291,9 k €	+33.3%	218,9 k €	+46.1%	149,8 k €	+45.5%	103 k €
EBITDA	59,2 k €	-13.3%	68,3 k €	+239%	-49,1 k €	-509%	-8,1 k €	-104%	204,1 k €	-68.2%	642,4 k €	+209%	207,6 k €	+36.1%	152,5 k €	-16.7%	183,1 k €	-22.0%	234,9 k €	+28.6%	182,7 k €	+51.4%	120,7 k €	+60.3%	75,3 k €
Operating result	-13,3 k €	-188%	15 k €	+116%	-95,7 k €	-43.2%	-66,8 k €	-140%	165,6 k €	-72.5%	602 k €	+278%	159,4 k €	+94.2%	82,1 k €	-18.7%	100,9 k €	-27.8%	139,7 k €	+78.5%	78,3 k €	+186%	27,4 k €	-3.7%	28,4 k €
Net result	-18,9 k €	-284%	10,3 k €	+112%	-88,2 k €	-55.0%	-56,9 k €	-146%	122,9 k €	-69.9%	407,9 k €	+269%	110,6 k €	+86.8%	59,2 k €	-25.3%	79,2 k €	-21.7%	101,2 k €	+97.4%	51,2 k €	+67.4%	30,6 k €	-2.1%	31,3 k €
Balance sheet
Equity	513,4 k €	-3.6%	532,4 k €	+2.0%	522,1 k €	-14.4%	610,3 k €	-51.8%	1,3 M €	+10.7%	1,1 M €	+55.4%	736,3 k €	+0.1%	735,7 k €	+8.7%	676,6 k €	+13.3%	597,3 k €	+20.4%	496,2 k €	+11.5%	444,9 k €	+7.4%	414,3 k €
Total assets	1,6 M €	+8.6%	1,5 M €	+59.7%	929,6 k €	-40.0%	1,6 M €	-9.8%	1,7 M €	+8.4%	1,6 M €	+20.5%	1,3 M €	-4.5%	1,4 M €	+6.8%	1,3 M €	+6.2%	1,2 M €	+9.9%	1,1 M €	+9.3%	1 M €	+55.2%	651,5 k €
Cash	46,3 k €	-63.1%	125,6 k €	-16.3%	150,1 k €	-82.3%	850,5 k €	-24.1%	1,1 M €	+23.9%	903,9 k €	+27.9%	706,5 k €	+62.6%	434,5 k €	-31.5%	634 k €	+37.5%	461,2 k €	+73.0%	266,6 k €	+0.7%	264,9 k €	+781%	30,1 k €
Debts	1,1 M €	+15.1%	951,9 k €	+146%	387,4 k €	-58.5%	933,9 k €	+107%	451,2 k €	+2.4%	440,6 k €	-23.4%	574,8 k €	-9.8%	637,5 k €	+4.8%	608,2 k €	-1.5%	617,6 k €	+1.4%	608,9 k €	+7.6%	565,9 k €	+139%	237,2 k €
Other
Workforce	2,4 ETP	0.0%	2,4 ETP	+20.0%	2,0 ETP	-28.6%	2,8 ETP	-30.0%	4,0 ETP	+2.6%	3,9 ETP	+5.4%	3,7 ETP	+27.6%	2,9 ETP	+38.1%	2,1 ETP	+16.7%	1,8 ETP	+50.0%	1,2 ETP	+20.0%	1,0 ETP	0.0%	1,0 ETP

Governance

Board of directors

Seen on filing of 31/12/2020 · 2 active · 9 ended

Active mandates

Hélène Nottebaert

Director · since 30 juin 2015

Active

JANOT

Director · since 30 juin 2015 · 0632.720.706

Represented by Janssens Philippe

Active

Ended mandates

Hélène Nottebaert

Manager · since 30 juin 2015

Ended

JANOT

Manager · since 30 juin 2015 · 0632.720.706

Represented by Philippe Janssens

Ended

Herman Foucart

Manager · since 14 septembre 2013 · until 30 juin 2015

Ended

Herman Foucart

Manager · since 14 septembre 2013

Ended

At this address

Other companies at this address

Company	CBE no.
JANOT● Bankrupt	0632.720.706
Pure Building● Active	1025.477.565
Pure Foods● Active	0636.738.484
Pure Holiday Projects● Active	0424.593.645

Annual accounts

Full financial information

	2020	2019	2018	2017	2017	2016
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2020	01/01/2019	01/01/2018	01/02/2017	01/02/2016	01/02/2015
Closing of the financial year	31/12/2020	31/12/2019	31/12/2018	31/12/2017	31/01/2017	31/01/2016
Length of the financial year	12 months	12 months	12 months	11 months	12 months	12 months
Filing date	07/12/2021	27/07/2020	28/08/2019	11/07/2018	20/07/2017	14/07/2016
General meeting	26/10/2021	01/06/2020	03/08/2019	04/06/2018	09/06/2017	10/06/2016
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

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2020	26/10/2021	07/12/2021	Dutch	PDF
Abridged model	31/12/2019	01/06/2020	27/07/2020	Dutch	PDF
Abridged model	31/12/2018	03/08/2019	28/08/2019	Dutch	PDF
Abridged model	31/12/2017	04/06/2018	11/07/2018	Dutch	PDF
Abridged model	31/01/2017	09/06/2017	20/07/2017	Dutch	PDF
Abridged model	31/01/2016	10/06/2016	14/07/2016	Dutch	PDF
Abridged model	31/01/2015	12/06/2015	02/07/2015	Dutch	PDF
Abridged model	31/01/2014	13/06/2014	24/07/2014	Dutch	PDF
Abridged model	31/01/2013	14/06/2013	26/07/2013	Dutch	PDF
Abridged model	31/01/2012	08/06/2012	19/10/2012	Dutch	PDF
Abridged model	31/01/2011	10/06/2011	29/09/2011	Dutch	PDF
Abridged model	31/01/2010	11/06/2010	30/11/2010	Dutch	PDF
Abridged model	31/01/2009	12/06/2009	10/07/2009	Dutch	PDF
Abridged model	31/01/2008	13/06/2008	05/12/2008	Dutch	PDF
Abridged model	31/01/2007	08/06/2007	12/07/2007	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 31/12/2020 · 2 active · 9 ended

Active mandates

Hélène Nottebaert

Director · since 30 juin 2015

Active

JANOT

Director · since 30 juin 2015 · 0632.720.706

Represented by Janssens Philippe

Active

Ended mandates

Hélène Nottebaert

Manager · since 30 juin 2015

Ended

JANOT

Manager · since 30 juin 2015 · 0632.720.706

Represented by Philippe Janssens

Ended

Herman Foucart

Manager · since 14 septembre 2013 · until 30 juin 2015

Ended

Herman Foucart

Manager · since 14 septembre 2013

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/04/2022
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office03/09/2019
MAATSCHAPPELIJKE ZETEL
PDF
Other26/01/2018
BOEKJAAR
PDF
Mandates28/08/2015
ONTSLAGEN - BENOEMINGEN
PDF
Other15/01/2014
DOEL
PDF
Mandates07/10/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/03/2012
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares02/04/2007
KAPITAAL - AANDELEN - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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

2018
Annual accounts 2018-18,9 k €↓
2017
Annual accounts 201710,3 k €↑
2017
Annual accounts 2017-88,2 k €↓
2016
Annual accounts 2016-56,9 k €↓
2015
Annual accounts 2015122,9 k €↓
2014
Annual accounts 2014407,9 k €↑
2013
Annual accounts 2013110,6 k €↑
2012
Annual accounts 201259,2 k €↓
2011
Annual accounts 201179,2 k €↓
2010
Annual accounts 2010101,2 k €↑
2009
Annual accounts 200951,2 k €↑
2008
Annual accounts 200830,6 k €↓
2007
Annual accounts 200731,3 k €
18/03/1985
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

VERTIGO

Overview

What does VERTIGO do?

Trend over 13 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