OPENING OF BANKRUPTCY

Group-Festraets

Company — Opening of bankruptcy.

Financial year 2018 · Closed on 31/12/2018

Net result
-2 k €
+80,1 %over 1 year
Gross margin
17 k €
-28,2 %over 1 year
Equity
28 k €
-6,8 %over 1 year

Identity

Source · BCE/KBO

Group-Festraets is a Private company with limited liability incorporated in 1984. Its registered office is in Liège.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0427.356.660
Incorporation
03/10/1984
Legal form
Private company with limited liability
Registered office
Clos des Lavandières 5 box 23
4000 Liège · WallonieSee on map
Latest accounts
31/12/2018
Joint committees (1)
  • 121
Signals
Good liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 9 filings

Trend over 8 financial years

20182017201620122010
Income statement
Gross margin17 k €23,7 k €67,5 k €29,7 k €-139 €
EBITDA6,3 k €-57,7 k €54,4 k €12,3 k €-139 €
Operating result606,7 €4,4 k €16,6 k €3,7 k €-139 €
Net result-2 k €-10,3 k €15,5 k €1,4 k €-199 €
Balance sheet
Equity28 k €30,1 k €40,3 k €14,4 k €-38,5 k €
Total assets121,2 k €100,5 k €117,5 k €85,3 k €–
Cash591,6 €1,4 k €1,5 k €17,2 €–
Debts93,2 k €70,5 k €77,2 k €70,9 k €33,6 k €
Other
Workforce–––0,6 ETP–

Board of directors

Source · NBB, accounts to 31/12/2018

1 active · 1 ended

Active mandates

Guy FESTRAETS

Manager

Active

Ended mandates

Georges GILON

Manager · since 25 décembre 2001

Ended

Other companies at this address

Clos des Lavandières 5 4000 Liège
CompanyCBE no.
0844.985.212
MOCA● Active
0791.407.162

Full financial information

Source · NBB
201820172016201220102009
Type of accountMicro modelMicro modelMicro modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/201801/01/201701/01/201601/01/201201/07/200901/07/2008
Closing of the financial year31/12/201831/12/201731/12/201631/12/201230/06/201030/06/2009
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/10/201910/09/201813/11/201729/08/201304/01/201106/01/2010
General meeting07/09/201906/09/201821/09/201722/06/201320/12/201004/01/2010
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, 9 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/201807/09/201931/10/2019FrenchPDF
Micro model31/12/201706/09/201810/09/2018FrenchPDF
Micro model31/12/201621/09/201713/11/2017FrenchPDF
Abridged model31/12/201222/06/201329/08/2013FrenchPDF
Abridged model30/06/201020/12/201004/01/2011FrenchPDF
Abridged model30/06/200904/01/201006/01/2010FrenchPDF
Abridged model30/06/200814/01/200930/01/2009FrenchPDF
Abridged model30/06/200729/12/200729/01/2008FrenchPDF
Abridged model30/06/200629/12/200625/01/2007FrenchPDF

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 31/12/2018

1 active · 1 ended

Active mandates

Guy FESTRAETS

Manager

Active

Ended mandates

Georges GILON

Manager · since 25 décembre 2001

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office18/05/2018
    SIEGE SOCIAL
    PDF
  • Registered office04/12/2012
    SIEGE SOCIAL
    PDF
  • Mandates06/04/2011
    DENOMINATION - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - ANNEE COMPTABLE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Other06/07/2010
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Registered office11/12/2006
    SIEGE SOCIAL
    PDF
  • Mandates23/10/2006
    RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...) - DEMISSIONS, NOMINATIONS
    PDF

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 2018-2 k €↑
  2. 2017
    Annual accounts 2017-10,3 k €↓
  3. 2016
    Annual accounts 201615,5 k €↑
  4. 2012
    Annual accounts 20121,4 k €↑
  5. 2012
    Name changeGroup-Festraets
  6. 2010
    Annual accounts 2010-199 €↑
  7. 2009
    Annual accounts 2009-202 €↑
  8. 2008
    Annual accounts 2008-228 €↓
  9. 2007
    Annual accounts 2007-31 €
  10. 2007
    Name changeCabinet d'Affaires et d'Assurances Georges et René Gilon
  11. 03/10/1984
    IncorporationPrivate company with limited liability