OPENING OF BANKRUPTCY

BRANTANO

Financial year 2018 · closed on 31/12/2018
Net result
1,2 M €
+125.9% YoY
Revenue
163,2 M €
+32.2% YoY
Equity
12,7 M €
+10.8% YoY
Workforce
698,3 ETP
-5.0% YoY

Company — Opening of bankruptcy.

What does BRANTANO do?

BRANTANO is a Public limited company incorporated in 1987. Its main activity is: Retail sale of footwear and leather goods in specialised stores. Its registered office is in Aalst. It employs on average 698,3 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0432.980.383
Incorporation
29/12/1987
Legal form
Public limited company
Registered office
Kwadelapstraat 2
9320 Aalst · FlandreSee on map
Latest accounts
31/12/2018
Average workforce
698,3 ETP
Joint committees (1)
  • 311
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

201820172016201520142013201220112010200920082007
Income statement
Revenue163,2 M €123,4 M €121,7 M €135,8 M €136,5 M €136,1 M €142,7 M €138,3 M €140,4 M €131 M €132,5 M €141,5 M €
EBITDA10,7 M €1,3 M €1,8 M €-2,1 M €759 k €5,3 M €11,3 M €10 M €15,8 M €14,6 M €7,2 M €17,8 M €
Operating result2,2 M €-5,3 M €-1,5 M €-6 M €-3,1 M €2,1 M €8 M €6,9 M €12,7 M €10,9 M €2,5 M €13,3 M €
Net result1,2 M €-4,8 M €-3,9 M €-65,7 M €-143,5 M €539,7 k €-32,2 M €2,5 M €15,9 M €8,4 M €-936,8 k €12,8 M €
Balance sheet
Equity12,7 M €11,5 M €16,2 M €-29 M €36,7 M €44,2 M €43,6 M €83,4 M €80,8 M €65 M €56,6 M €57,5 M €
Total assets102,7 M €83,8 M €56,6 M €48 M €113,1 M €227,6 M €224,7 M €269,8 M €264,3 M €258,8 M €266,3 M €88,2 M €
Cash2,7 M €1,3 M €1,7 M €674,5 k €725,8 k €2,4 M €1,6 M €3,4 M €4,7 M €881 k €495,6 k €3,8 M €
Debts88 M €70 M €34,5 M €69,9 M €66,9 M €174,7 M €172,4 M €177,2 M €176,5 M €188,5 M €202,5 M €23,2 M €
Other
Workforce698,3 ETP735,4 ETP825,4 ETP887,6 ETP867,4 ETP830,5 ETP829,8 ETP781,3 ETP755,9 ETP746,4 ETP772,1 ETP774,1 ETP
Governance

Board of directors

Seen on filing of 31/12/2018 · 3 active · 40 ended

Active mandates

FNG Beheer BE B.V.

Managing director · since 31 août 2017 · until 10 mai 2023

Represented by Dieter Penninckx

Active
Peter De Smedt

Director · since 01 août 2014 · until 01 juin 2018

Active
Nico Bondroit

Director · since 08 mai 2013 · until 28 juin 2019

Active

Ended mandates

ROMAN & STERN MANAGEMENT B.V.

Managing director · since 01 mars 2016 · until 31 juillet 2017 · 0562.756.584

Represented by Laurentius van de Schoor

Ended
ROMAN & STERN MANAGEMENT B.V.

Managing director · since 01 mars 2016 · until 08 mai 2019 · 0562.756.584

Represented by Laurentius van de Schoor

Ended
Kurt Staelens

Managing director · since 01 août 2014 · until 29 février 2016

Ended
Kurt Staelens

Managing director · since 01 août 2014 · until 08 mai 2019

Ended
At this address

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Annual accounts

Full financial information

201820172016201520142013
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/201801/01/201701/01/201601/01/201501/01/201401/01/2013
Closing of the financial year31/12/201831/12/201731/12/201631/12/201531/12/201431/12/2013
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/08/201928/08/201820/09/201708/06/201610/06/201512/06/2014
General meeting28/06/201922/06/201822/06/201711/05/201613/05/201514/05/2014
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/201828/06/201928/08/2019DutchPDF
Full model31/12/201722/06/201828/08/2018DutchPDF
Full model31/12/201622/06/201720/09/2017DutchPDF
Full model31/12/201511/05/201608/06/2016DutchPDF
Full model31/12/201413/05/201510/06/2015DutchPDF
Full model31/12/201314/05/201412/06/2014DutchPDF
Full model31/12/201208/05/201306/06/2013DutchPDF
Full model31/12/201109/05/201208/06/2012DutchPDF
Full model31/12/201011/05/201117/06/2011DutchPDF
Full model31/12/200912/05/201009/06/2010DutchPDF
Full model31/12/200813/05/200917/06/2009DutchPDF
Full model31/12/200714/05/200813/06/2008DutchPDF
Consolidated accounts31/12/200714/05/200813/06/2008DutchPDF
Full model31/12/200609/05/200711/06/2007DutchPDF
Consolidated accounts31/12/200609/05/200711/06/2007DutchPDF
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 31/12/2018 · 3 active · 40 ended

Active mandates

FNG Beheer BE B.V.

Managing director · since 31 août 2017 · until 10 mai 2023

Represented by Dieter Penninckx

Active
Peter De Smedt

Director · since 01 août 2014 · until 01 juin 2018

Active
Nico Bondroit

Director · since 08 mai 2013 · until 28 juin 2019

Active

Ended mandates

ROMAN & STERN MANAGEMENT B.V.

Managing director · since 01 mars 2016 · until 31 juillet 2017 · 0562.756.584

Represented by Laurentius van de Schoor

Ended
ROMAN & STERN MANAGEMENT B.V.

Managing director · since 01 mars 2016 · until 08 mai 2019 · 0562.756.584

Represented by Laurentius van de Schoor

Ended
Kurt Staelens

Managing director · since 01 août 2014 · until 29 février 2016

Ended
Kurt Staelens

Managing director · since 01 août 2014 · until 08 mai 2019

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates31/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other29/06/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates10/09/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/02/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/10/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares13/01/2017
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other09/08/2016
    DIVERSEN
    PDF
  • Mandates17/03/2016
    ONTSLAGEN - BENOEMINGEN
    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

Timeline

  1. 2018
    Annual accounts 20181,2 M €
  2. 2017
    Annual accounts 2017-4,8 M €
  3. 2016
    Annual accounts 2016-3,9 M €
  4. 2015
    Annual accounts 2015-65,7 M €
  5. 2014
    Annual accounts 2014-143,5 M €
  6. 2013
    Annual accounts 2013539,7 k €
  7. 2012
    Annual accounts 2012-32,2 M €
  8. 2011
    Annual accounts 20112,5 M €
  9. 2010
    Annual accounts 201015,9 M €
  10. 2009
    Annual accounts 20098,4 M €
  11. 2008
    Annual accounts 2008-936,8 k €
  12. 2007
    Annual accounts 200712,8 M €
  13. 29/12/1987
    IncorporationPublic limited company