OPENING OF BANKRUPTCY

Limburgse Tuinbouwveiling

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Company — Opening of bankruptcy.

Financial year 2023 · Closed on 31/12/2023

Net result-3,8 M €-18 502,0 %over 1 year

Revenue16,8 M €-42,4 %over 1 year

Equity157,6 k €-95,7 %over 1 year

Workforce10,4 ETP+6,1 %over 1 year

Identity

Source · BCE/KBO

Limburgse Tuinbouwveiling is a Cooperative society incorporated in 1987. Its main activity is: Agents specialised in the sale of other particular products. Its registered office is in Herk-de-Stad. It employs on average 10,4 ETP workers (FTE).

Legal situation: Opening of bankruptcy
BCE/KBO no. / VAT: BE 0430.825.401
Incorporation: 05/03/1987
Legal form: Cooperative society
Registered office: Industrieweg 1035
3540 Herk-de-Stad · FlandreSee on map
Contributed capital: 349 329,90 €
Latest accounts: 31/12/2023
Average workforce: 10,4 ETP

Activities (NACE)

46180Agents specialised in the sale of other particular products· main 46180Agents specialised in the sale of other particular products

Joint committees (3)

Signals

High revenue

Financials

Source · NBB, 21 filings

Trend over 18 financial years

	2023		2022		2021		2020		2019
Income statement
Revenue	16,8 M €	-42.4%	29,1 M €	-11.5%	32,9 M €	+19.7%	27,5 M €	+6.8%	25,7 M €
EBITDA	-2,4 M €	-597%	486,3 k €	-17.7%	591,1 k €	+50.7%	392,2 k €	+20.8%	324,6 k €
Operating result	-3,2 M €	-2340%	-131,5 k €	-723%	-16 k €	+70.4%	-53,9 k €	-554%	11,9 k €
Net result	-3,8 M €	-18502%	20,6 k €	-79.6%	101 k €	+39.5%	72,4 k €	+877%	7,4 k €
Balance sheet
Equity	157,6 k €	-95.7%	3,6 M €	+44.2%	2,5 M €	+5.8%	2,4 M €	+5.3%	2,3 M €
Total assets	12,7 M €	-13.0%	14,6 M €	+8.8%	13,4 M €	+23.5%	10,9 M €	+22.2%	8,9 M €
Cash	5,9 k €	-73.3%	22,1 k €	-18.3%	27,1 k €	-71.7%	95,8 k €	-63.8%	264,3 k €
Debts	12,5 M €	+14.6%	10,9 M €	+0.5%	10,8 M €	+28.5%	8,4 M €	+28.0%	6,6 M €
Other
Workforce	10,4 ETP	+6.1%	9,8 ETP	+12.6%	8,7 ETP	+6.1%	8,2 ETP	+2.5%	8,0 ETP

Board of directors

Source · NBB, accounts to 31/12/2023

4 active · 40 ended

Active mandates

Dirk Jans

Chairman of the board of directors · since 27 août 2020 · until 30 juin 2025

Active

Gert Dendas

Vice-chairman of the board of directors · since 27 août 2020 · until 30 juin 2025

Active

Gunther Vanleeuw

Director · since 27 juin 2019 · until 30 juin 2025

Active

Kris Vandervelpen

Director · since 27 juin 2019 · until 30 juin 2025

Active

Ended mandates

Kris VANDERVELPEN

Director · since 27 septembre 2019 · until 30 juin 2025

Ended

Nico Goosens

Director · since 27 juin 2019 · until 20 octobre 2022

Ended

Nico Goosens

Director · since 27 juin 2019 · until 30 juin 2025

Ended

Nico GOOSSENS

Director · since 27 juin 2019 · until 30 juin 2025

Ended

Other companies at this address

Industrieweg 1035 3540 Herk-de-Stad

Company	CBE no.
HERKS FRUIT● Bankrupt	0764.711.376
M-FRUIT● Bankrupt	0764.711.574

Full financial information

Source · NBB

	2023	2022	2021	2020	2019	2018
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018
Closing of the financial year	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	26/11/2024	14/08/2023	29/06/2022	19/07/2021	28/08/2020	29/08/2019
General meeting	10/07/2024	04/07/2023	14/06/2022	22/06/2021	27/08/2020	27/06/2019
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full modelCorrection	31/12/2023	10/07/2024	26/11/2024	Dutch	PDF
Full model	31/12/2023	10/07/2024	12/07/2024	Dutch	PDF
Full model	31/12/2022	04/07/2023	14/08/2023	Dutch	PDF
Full model	31/12/2021	14/06/2022	29/06/2022	Dutch	PDF
Full model	31/12/2020	22/06/2021	19/07/2021	Dutch	PDF
Full model	31/12/2019	27/08/2020	28/08/2020	Dutch	PDF
Full modelCorrection	31/12/2018	27/06/2019	29/08/2019	Dutch	PDF
Full model	31/12/2018	27/06/2019	31/07/2019	Dutch	PDF
Full model	31/12/2017	28/06/2018	19/07/2018	Dutch	PDF
Full modelCorrection	31/12/2016	29/06/2017	28/08/2017	Dutch	PDF
Full model	31/12/2016	29/06/2017	28/07/2017	Dutch	PDF
Full model	31/12/2015	16/06/2016	29/07/2016	Dutch	PDF
Full model	31/12/2014	04/06/2015	02/07/2015	Dutch	PDF
Full model	31/12/2013	15/05/2014	12/06/2014	Dutch	PDF
Full model	31/12/2012	13/06/2013	05/07/2013	Dutch	PDF
Full model	31/12/2011	24/05/2012	12/07/2012	Dutch	PDF
Full model	31/12/2010	12/05/2011	14/07/2011	Dutch	PDF
Full model	31/12/2009	24/06/2010	01/07/2010	Dutch	PDF
Full model	31/12/2008	18/06/2009	09/07/2009	Dutch	PDF
Full model	31/12/2007	19/06/2008	17/07/2008	Dutch	PDF
Full model	31/12/2006	07/06/2007	14/06/2007	Dutch	PDF

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 31/12/2023

4 active · 40 ended

Active mandates

Dirk Jans

Chairman of the board of directors · since 27 août 2020 · until 30 juin 2025

Active

Gert Dendas

Vice-chairman of the board of directors · since 27 août 2020 · until 30 juin 2025

Active

Gunther Vanleeuw

Director · since 27 juin 2019 · until 30 juin 2025

Active

Kris Vandervelpen

Director · since 27 juin 2019 · until 30 juin 2025

Active

Ended mandates

Kris VANDERVELPEN

Director · since 27 septembre 2019 · until 30 juin 2025

Ended

Nico Goosens

Director · since 27 juin 2019 · until 20 octobre 2022

Ended

Nico Goosens

Director · since 27 juin 2019 · until 30 juin 2025

Ended

Nico GOOSSENS

Director · since 27 juin 2019 · until 30 juin 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates18/09/2024
ONTSLAGEN - BENOEMINGEN - DIVERSEN
PDF
Mandates05/06/2024
ONTSLAGEN - BENOEMINGEN - DIVERSEN
PDF
Mandates31/05/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/03/2023
ONTSLAGEN - BENOEMINGEN
PDF
Other27/07/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ALGEMENE VERGADERING
PDF
Mandates01/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/01/2020
ONTSLAGEN - BENOEMINGEN - DIVERSEN
PDF
Mandates30/08/2019
ONTSLAGEN - BENOEMINGEN
PDF

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Timeline

2023
Annual accounts 2023-3,8 M €↓
2022
Annual accounts 202220,6 k €↓
2021
Annual accounts 2021101 k €↑
2021
Name changeLTV
2020
Annual accounts 202072,4 k €↑
2019
Annual accounts 20197,4 k €↓
2018
Annual accounts 2018104,3 k €↑
2017
Annual accounts 201743,1 k €↓
2016
Annual accounts 201661,2 k €↑
2015
Annual accounts 201524,7 k €↓
2014
Annual accounts 201488,5 k €↑
2013
Annual accounts 201361,8 k €↓
2012
Annual accounts 2012107,7 k €↓
2011
Annual accounts 2011200 k €↑
2010
Annual accounts 201095,8 k €↓
2009
Annual accounts 2009165,7 k €↑
2008
Annual accounts 2008157,2 k €↓
2007
Annual accounts 2007284,6 k €↑
2006
Annual accounts 2006156,4 k €
2006
Name changeLimburgse Tuinbouwveiling
05/03/1987
IncorporationCooperative society

Limburgse Tuinbouwveiling

Overview

Identity

Financials

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

Timeline