OPENING OF BANKRUPTCY

SLEEPING SOLUTIONS PRODUCTION

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Company — Opening of bankruptcy.

Financial year 2023 · Closed on 31/12/2023

Net result-619 k €-142,5 %over 1 year
Revenue3,8 M €+4,2 %over 1 year
Equity-285 k €-185,3 %over 1 year
Workforce44,0 ETP-11,1 %over 1 year

Identity

Source · BCE/KBO

SLEEPING SOLUTIONS PRODUCTION is a Public limited company incorporated in 1987. Its main activity is: Manufacture of furniture. Its registered office is in Genk. It employs on average 44,0 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0431.545.773
Incorporation
29/06/1987
Legal form
Public limited company
Registered office
Melbergstraat 6
3600 Genk · FlandreSee on map
Contributed capital
1 400 000,00 €
Latest accounts
31/12/2023
Average workforce
44,0 ETP
Joint committees (2)
  • 120
  • 214
Signals
Good liquidityHealthy social debtsHigh revenue

Financials

Source · NBB, 18 filings

Trend over 16 financial years

20232022202120202019
Income statement
Revenue3,8 M €3,6 M €9,8 M €7,2 M €7,1 M €
EBITDA-425,3 k €1,8 M €-1,1 M €-305,6 k €-921,1 k €
Operating result-544,9 k €1,7 M €-672,3 k €-704,6 k €-1,1 M €
Net result-619 k €1,5 M €-790,4 k €-832,9 k €-1,2 M €
Balance sheet
Equity-285 k €334 k €390,2 k €1,2 M €2 M €
Total assets1,6 M €1,8 M €6 M €6,4 M €6 M €
Cash16,7 k €10,5 k €10,9 k €10,1 k €16,1 k €
Debts1,7 M €1,4 M €5,6 M €5,2 M €3,9 M €
Other
Workforce44,0 ETP49,5 ETP77,0 ETP65,3 ETP62,0 ETP

Board of directors

Source · NBB, accounts to 31/12/2023

2 active · 20 ended

Active mandates

ADCOR

Managing director · 0798.174.101

Represented by Adrien Corthouts

Active
SOMA

Director · 0426.857.606

Represented by Philippe Corthouts

Active

Ended mandates

AsCor

Director · since 28 mai 2020 · until 27 mai 2026 · 0661.720.736

Represented by Adrien Corthouts

Ended
NSQUARE

Managing director · since 28 mai 2020 · until 27 mai 2026 · 0564.753.103

Represented by Charles Corthouts

Ended
SOMA

Director · since 28 mai 2020 · until 27 mai 2026 · 0426.857.606

Represented by Philippe Corthouts

Ended
AsCor

Director · since 13 juin 2019 · until 29 mai 2025 · 0661.720.736

Represented by Adrien Corthouts

Ended

Other companies at this address

Melbergstraat 6 3600 Genk
CompanyCBE no.
Blue Bell● Judicial reorganisation
0401.283.258
SOFA PRODUCTION● Bankrupt
0447.925.709

Full financial information

Source · NBB
202320222021202020192018
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/04/202431/07/202328/06/202206/07/202131/07/202029/08/2019
General meeting15/03/202405/06/202325/05/202229/06/202128/05/202013/06/2019
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, 18 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202315/03/202423/04/2024DutchPDF
Full model31/12/202205/06/202331/07/2023DutchPDF
Full model31/12/202125/05/202228/06/2022DutchPDF
Full model31/12/202029/06/202106/07/2021DutchPDF
Full model31/12/201928/05/202031/07/2020DutchPDF
Full model31/12/201813/06/201929/08/2019DutchPDF
Full model31/12/201729/06/201831/07/2018DutchPDF
Full model31/12/201626/06/201729/06/2017DutchPDF
Full model31/12/201525/05/201628/06/2016DutchPDF
Full model31/12/201425/06/201529/06/2015DutchPDF
Full model31/12/201326/06/201427/06/2014DutchPDF
Full model31/12/201229/05/201327/06/2013DutchPDF
Full model31/12/201124/06/201225/06/2012DutchPDF
Full model31/12/201024/06/201128/06/2011DutchPDF
Full model31/12/200925/06/201028/06/2010DutchPDF
Full model31/12/200826/06/200929/06/2009DutchPDF
Full model31/12/200725/06/200801/07/2008DutchPDF
Full model31/12/200630/06/200720/07/2007DutchPDF

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 31/12/2023

2 active · 20 ended

Active mandates

ADCOR

Managing director · 0798.174.101

Represented by Adrien Corthouts

Active
SOMA

Director · 0426.857.606

Represented by Philippe Corthouts

Active

Ended mandates

AsCor

Director · since 28 mai 2020 · until 27 mai 2026 · 0661.720.736

Represented by Adrien Corthouts

Ended
NSQUARE

Managing director · since 28 mai 2020 · until 27 mai 2026 · 0564.753.103

Represented by Charles Corthouts

Ended
SOMA

Director · since 28 mai 2020 · until 27 mai 2026 · 0426.857.606

Represented by Philippe Corthouts

Ended
AsCor

Director · since 13 juin 2019 · until 29 mai 2025 · 0661.720.736

Represented by Adrien Corthouts

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other14/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - ALGEMENE VERGADERING
    PDF
  • Mandates02/01/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/03/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/08/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/11/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares04/02/2019
    KAPITAAL - AANDELEN
    PDF
  • Mandates03/12/2018
    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. 2023
    Annual accounts 2023-619 k €↓
  2. 2023
    Name changesleeping solutions production
  3. 2022
    Annual accounts 20221,5 M €↑
  4. 2021
    Annual accounts 2021-790,4 k €↑
  5. 2020
    Annual accounts 2020-832,9 k €↑
  6. 2019
    Annual accounts 2019-1,2 M €↓
  7. 2018
    Annual accounts 20187,5 M €↑
  8. 2017
    Annual accounts 2017-869,3 k €↓
  9. 2016
    Annual accounts 2016632,4 k €↑
  10. 2015
    Annual accounts 2015-98,3 k €↑
  11. 2014
    Annual accounts 2014-323,7 k €↓
  12. 2013
    Annual accounts 2013-116,6 k €↓
  13. 2012
    Annual accounts 201271,1 k €↓
  14. 2011
    Annual accounts 201192,8 k €↑
  15. 2010
    Annual accounts 2010-75 k €↓
  16. 2009
    Annual accounts 2009158,4 k €↑
  17. 2008
    Annual accounts 2008150,7 k €
  18. 2008
    Name changeRECOR BEDDING
  19. 29/06/1987
    IncorporationPublic limited company