OPENING OF BANKRUPTCY

FANDEC

Export PDF

Financial year 2016 · closed on 31/12/2016

Net result

-216,7 k €

-515.4% YoY

Gross margin

-69,3 k €

-127.0% YoY

Equity

258,2 k €

-45.6% YoY

Workforce

2,6 ETP

+13.0% YoY

Company — Opening of bankruptcy.

What does FANDEC do?

FANDEC is a Cooperative company with limited liability incorporated in 1987. Its main activity is: Wholesale of other household goods. Its registered office is in Antwerpen. It employs on average 2,6 ETP workers (FTE).

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0432.794.697

Incorporation

29/12/1987

Legal form

Cooperative company with limited liability

Registered office

Kroonstraat 205 box 4
2140 Antwerpen · FlandreSee on map

Latest accounts

31/12/2016

Average workforce

2,6 ETP

Activities (NACE)

46499Wholesale of other household goods· main 46499Wholesale of other household goods 51478Air transport

Joint committees (2)

Signals

Good liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 11 financial years

	2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-69,3 k €	-127%	256,7 k €	+82.7%	140,5 k €	+13.8%	123,5 k €	-70.6%	420,5 k €	-12.7%	481,9 k €	-5.2%	508,1 k €	-10.8%	569,6 k €	+25.7%	453,2 k €	+13.7%	398,5 k €	+7.0%	372,4 k €
EBITDA	-187,2 k €	-219%	157,1 k €	+241%	46 k €	+49365%	93,1 €	-100.0%	225,7 k €	+6.0%	212,9 k €	+18.3%	179,9 k €	+3.2%	174,3 k €	+9.8%	158,8 k €	-28.8%	222,9 k €	-8.8%	244,4 k €
Operating result	-202,5 k €	-241%	143,7 k €	+632%	19,6 k €	+153%	-37,1 k €	-121%	173,6 k €	+6.4%	163,1 k €	+24.6%	131 k €	+3.9%	126,1 k €	+5.2%	119,8 k €	-33.5%	180,1 k €	-12.7%	206,3 k €
Net result	-216,7 k €	-515%	52,2 k €	+141%	-126,6 k €	-118%	-58,2 k €	-223%	47,4 k €	-24.8%	63 k €	-8.0%	68,5 k €	+7.1%	64 k €	+56.3%	40,9 k €	+46.9%	27,9 k €	-40.5%	46,8 k €
Balance sheet
Equity	258,2 k €	-45.6%	474,8 k €	+12.3%	422,7 k €	-23.0%	549,2 k €	-9.6%	607,4 k €	+8.5%	560 k €	+12.7%	497 k €	+16.0%	428,5 k €	+17.5%	364,6 k €	+12.6%	323,6 k €	+9.4%	295,8 k €
Total assets	898,4 k €	-21.1%	1,1 M €	-12.2%	1,3 M €	+13.0%	1,1 M €	-4.6%	1,2 M €	+7.3%	1,1 M €	+9.8%	1 M €	-2.6%	1 M €	+1.6%	1 M €	-1.1%	1 M €	+21.6%	859,2 k €
Cash	28,1 k €	+130%	12,2 k €	+810%	1,3 k €	-86.1%	9,6 k €	-70.1%	32,2 k €	+12.3%	28,7 k €	-62.1%	75,6 k €	-46.9%	142,3 k €	+317%	34,1 k €	+56.4%	21,8 k €	-60.4%	55,1 k €
Debts	581,2 k €	-12.5%	664,3 k €	-24.0%	874,2 k €	+46.0%	598,9 k €	+0.7%	594,8 k €	+5.9%	561,9 k €	+7.1%	524,7 k €	-15.4%	620,4 k €	-7.2%	668,2 k €	-7.3%	720,8 k €	+50.2%	479,9 k €
Other
Workforce	2,6 ETP	+13.0%	2,3 ETP	+4.5%	2,2 ETP	-37.1%	3,5 ETP	-23.9%	4,6 ETP	-23.3%	6,0 ETP	-20.0%	7,5 ETP	-9.6%	8,3 ETP	+7.8%	7,7 ETP	+51.0%	5,1 ETP	+45.7%	3,5 ETP

Governance

Board of directors

Seen on filing of 31/12/2016 · 2 active · 4 ended

Active mandates

Joel Schuybroek

Managing director

Active

Stef Hendrickx

Director

Active

Ended mandates

Joel Schuybroek

Director

Ended

Lucien Schuybroek

Director

Ended

Sarah Schuybroeck

Director

Ended

Sarah Schuybroek

Director

Ended

Annual accounts

Full financial information

	2016	2015	2014	2013	2012	2011
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2016	01/01/2015	01/01/2014	01/01/2013	01/01/2012	01/01/2011
Closing of the financial year	31/12/2016	31/12/2015	31/12/2014	31/12/2013	31/12/2012	31/12/2011
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/08/2017	26/09/2016	09/07/2015	31/07/2014	29/08/2013	12/07/2012
General meeting	30/06/2017	30/06/2016	30/06/2015	30/06/2014	30/06/2013	30/06/2012
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

11 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2016	30/06/2017	29/08/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	26/09/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	09/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	31/07/2014	Dutch	PDF
Abridged model	31/12/2012	30/06/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	12/07/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	12/07/2011	Dutch	PDF
Abridged model	31/12/2009	21/04/2010	01/06/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	06/07/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	15/07/2008	Dutch	PDF
Abridged model	31/12/2006	05/06/2007	05/06/2007	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 31/12/2016 · 2 active · 4 ended

Active mandates

Joel Schuybroek

Managing director

Active

Stef Hendrickx

Director

Active

Ended mandates

Joel Schuybroek

Director

Ended

Lucien Schuybroek

Director

Ended

Sarah Schuybroeck

Director

Ended

Sarah Schuybroek

Director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office11/09/2018
MAATSCHAPPELIJKE ZETEL
PDF
Mandates28/11/2017
ONTSLAGEN - BENOEMINGEN
PDF
Registered office13/07/2017
MAATSCHAPPELIJKE ZETEL
PDF
Mandates12/12/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/06/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/07/2010
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/11/2009
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares26/03/2007
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ALGEMENE VERGADERING
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

2016
Annual accounts 2016-216,7 k €↓
2015
Annual accounts 201552,2 k €↑
2014
Annual accounts 2014-126,6 k €↓
2013
Annual accounts 2013-58,2 k €↓
2012
Annual accounts 201247,4 k €↓
2011
Annual accounts 201163 k €↓
2010
Annual accounts 201068,5 k €↑
2009
Annual accounts 200964 k €↑
2008
Annual accounts 200840,9 k €↑
2007
Annual accounts 200727,9 k €↓
2006
Annual accounts 200646,8 k €
29/12/1987
IncorporationCooperative 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

FANDEC

Overview

What does FANDEC do?

Trend over 11 financial years

Board of directors

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