OPENING OF BANKRUPTCY

RAAMFABRIEK VLIEGHE

Company — Opening of bankruptcy.

Financial year 2014 · Closed on 31/12/2014

Net result-3,8 M €-1 472,0 %over 1 year
Revenue17,7 M €-20,3 %over 1 year
Equity3,4 M €+48,8 %over 1 year
Workforce131,6 ETP+446,1 %over 1 year

Identity

Source · BCE/KBO

RAAMFABRIEK VLIEGHE is a Public limited company incorporated in 1986. Its main activity is: Manufacture of products of wood, cork, straw and plaiting materials. Its registered office is in Kortrijk. It employs on average 131,6 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0428.947.262
Incorporation
01/01/1986
Legal form
Public limited company
Registered office
Gentsesteenweg(Kor) 143
8500 Kortrijk · FlandreSee on map
Latest accounts
31/12/2014
Average workforce
131,6 ETP
Joint committees (4)
  • 111
  • 124
  • 209
  • 218
Signals
Healthy social debtsHigh revenue

Financials

Source · NBB, 10 filings

Trend over 6 financial years

20142012201120092008
Income statement
Revenue17,7 M €22,2 M €22,6 M €22,3 M €25,9 M €
EBITDA-1,4 M €355,5 k €462 k €1,1 M €1 M €
Operating result-2,4 M €-147,4 k €331,9 k €115,5 k €316,5 k €
Net result-3,8 M €-243,7 k €162,4 k €53,5 k €147 k €
Balance sheet
Equity3,4 M €2,3 M €2,5 M €3,9 M €3,9 M €
Total assets15,5 M €9,1 M €11,8 M €12,5 M €12,3 M €
Cash1,8 M €1,5 M €1,1 M €578,6 k €550,5 k €
Debts11,8 M €6,2 M €8,7 M €8 M €7,9 M €
Other
Workforce131,6 ETP24,1 ETP24,5 ETP55,1 ETP60,3 ETP

Board of directors

Source · NBB, accounts to 31/12/2014

4 active · 9 ended

Active mandates

STRATAGEM INTER - ACT

Director · since 25 novembre 2014 · until 31 mars 2020 · 0471.400.994

Represented by Christoffel MAEKELBERGH

Active
DOMINIQUE LOOSVELDT

Director · since 25 mars 2011 · until 31 mars 2017

Active
FRANS BOLSCHER

Director · since 25 mars 2011 · until 31 mars 2017

Active
THIERRY MAELFAIT

Managing director · since 25 mars 2011 · until 31 mars 2017

Active

Ended mandates

DOMINIQUE LOOSFELDT

Director · since 25 mars 2011 · until 31 mars 2017

Ended
DOMINIQUE LOOSVELDT

Director · since 08 décembre 2006 · until 25 mars 2011

Ended
FRANS BOLSCHER

Director · since 03 juin 2005 · until 25 mars 2011

Ended
FRANS BOLSCHER

Director · since 03 juin 2005 · until 31 mars 2011

Ended

Full financial information

Source · NBB
201420132012201120102009
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/201401/01/201301/01/201201/01/201101/01/201001/01/2009
Closing of the financial year31/12/201431/12/201331/12/201231/12/201131/12/201031/12/2009
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/201521/11/201423/07/201316/01/201313/07/201116/08/2010
General meeting30/06/201512/11/201427/06/201329/11/201225/03/201130/06/2010
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, 10 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/201430/06/201531/08/2015DutchPDF
Full model31/12/201312/11/201421/11/2014DutchPDF
Full model31/12/201227/06/201323/07/2013DutchPDF
Full model31/12/201129/11/201216/01/2013DutchPDF
Full model31/12/201025/03/201113/07/2011DutchPDF
Full model31/12/200930/06/201016/08/2010DutchPDF
Full modelCorrection31/12/200802/10/200913/11/2009DutchPDF
Full model31/12/200831/03/200915/07/2009DutchPDF
Full model31/12/200731/03/200822/08/2008DutchPDF
Full model31/12/200630/03/200730/03/2007DutchPDF

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.

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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 31/12/2014

4 active · 9 ended

Active mandates

STRATAGEM INTER - ACT

Director · since 25 novembre 2014 · until 31 mars 2020 · 0471.400.994

Represented by Christoffel MAEKELBERGH

Active
DOMINIQUE LOOSVELDT

Director · since 25 mars 2011 · until 31 mars 2017

Active
FRANS BOLSCHER

Director · since 25 mars 2011 · until 31 mars 2017

Active
THIERRY MAELFAIT

Managing director · since 25 mars 2011 · until 31 mars 2017

Active

Ended mandates

DOMINIQUE LOOSFELDT

Director · since 25 mars 2011 · until 31 mars 2017

Ended
DOMINIQUE LOOSVELDT

Director · since 08 décembre 2006 · until 25 mars 2011

Ended
FRANS BOLSCHER

Director · since 03 juin 2005 · until 25 mars 2011

Ended
FRANS BOLSCHER

Director · since 03 juin 2005 · until 31 mars 2011

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates09/05/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/05/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares18/02/2016
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares10/12/2015
    KAPITAAL - AANDELEN
    PDF
  • Mandates10/11/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/10/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring21/01/2015
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring27/01/2014
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF

Similar companies

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

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Timeline

  1. 2014
    Annual accounts 2014-3,8 M €↓
  2. 2012
    Annual accounts 2012-243,7 k €↓
  3. 2011
    Annual accounts 2011162,4 k €↑
  4. 2009
    Annual accounts 200953,5 k €↓
  5. 2008
    Annual accounts 2008147 k €↓
  6. 2007
    Annual accounts 2007420,5 k €
  7. 01/01/1986
    IncorporationPublic limited company