OPENING OF BANKRUPTCY

Mc Three

Export PDF

Financial year 2022 · closed on 31/12/2022

Net result

-764,6 k €

-120.2% YoY

Revenue

37,3 M €

-28.5% YoY

Equity

12,3 M €

-5.9% YoY

Workforce

262,5 ETP

-0.9% YoY

Company — Opening of bankruptcy.

What does Mc Three do?

Mc Three is a Public limited company incorporated in 1989. Its main activity is: Manufacture of carpets and rugs. Its registered office is in Waregem. It employs on average 262,5 ETP workers (FTE).

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0436.692.515

Incorporation

14/02/1989

Legal form

Public limited company

Registered office

Mannebeekstraat 6
8790 Waregem · FlandreSee on map

Contributed capital

1 505 826,51 €

Latest accounts

31/12/2022

Average workforce

262,5 ETP

Activities (NACE)

13930Manufacture of carpets and rugs· main 13930Manufacture of carpets and rugs 17510Manufacture of paper and paper products 13940Manufacture of cordage, rope, twine and netting 13940Manufacture of cordage, rope, twine and netting 47530Retail sale of carpets, rugs, wall and floor coverings in specialised stores+1

Joint committees (2)

Signals

Solid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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 14 financial years

	2022		2021		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	37,3 M €	-28.5%	52,1 M €	+15.4%	45,2 M €	+0.8%	44,8 M €	+17.0%	38,3 M €	-15.5%	45,3 M €	-12.3%	51,6 M €	+5.0%	49,2 M €	-4.0%	51,2 M €	-6.6%	54,9 M €	+23.5%	44,4 M €	-2.5%	45,6 M €	-13.9%	52,9 M €	+18.1%	44,8 M €
EBITDA	748,9 k €	-89.2%	6,9 M €	+81.3%	3,8 M €	+7.0%	3,6 M €	+34.8%	2,6 M €	+24.0%	2,1 M €	-42.1%	3,7 M €	-9.0%	4,1 M €	-9.6%	4,5 M €	-6.9%	4,8 M €	-9.0%	5,3 M €	+20.2%	4,4 M €	-19.6%	5,5 M €	+73.3%	3,2 M €
Operating result	-139,2 k €	-102%	6,1 M €	+249%	1,7 M €	+41.2%	1,2 M €	-6.9%	1,3 M €	+219%	413,7 k €	-66.9%	1,3 M €	-16.2%	1,5 M €	+22.7%	1,2 M €	-12.3%	1,4 M €	-40.4%	2,3 M €	+26.2%	1,8 M €	-45.3%	3,4 M €	+220%	1,1 M €
Net result	-764,6 k €	-120%	3,8 M €	+672%	491,4 k €	-3.8%	511 k €	-48.0%	982,3 k €	+781%	-144,3 k €	-103%	4,2 M €	+2560%	157,1 k €	+112%	-1,4 M €	-1489%	98,3 k €	-93.2%	1,5 M €	-2.3%	1,5 M €	-60.4%	3,8 M €	+136%	1,6 M €
Balance sheet
Equity	12,3 M €	-5.9%	13,1 M €	-34.3%	19,9 M €	+2.4%	19,4 M €	-0.0%	19,4 M €	-0.1%	19,5 M €	-0.8%	19,6 M €	+26.9%	15,5 M €	+0.8%	15,3 M €	-8.4%	16,7 M €	+0.4%	16,7 M €	+4.0%	16 M €	+5.1%	15,3 M €	+26.8%	12 M €
Total assets	22,4 M €	-6.5%	24 M €	-44.7%	43,5 M €	-2.6%	44,6 M €	+17.0%	38,1 M €	-1.5%	38,7 M €	-8.1%	42,1 M €	+0.9%	41,8 M €	-6.5%	44,7 M €	-4.5%	46,8 M €	+6.5%	43,9 M €	+22.3%	35,9 M €	-0.3%	36 M €	+6.2%	33,9 M €
Cash	561,3 k €	+288%	144,7 k €	-70.3%	486,7 k €	-63.2%	1,3 M €	+29.4%	1 M €	-31.2%	1,5 M €	+134%	634,9 k €	-60.7%	1,6 M €	+81.0%	893,8 k €	-61.8%	2,3 M €	-7.5%	2,5 M €	+1143%	203,2 k €	-77.8%	915,4 k €	+114%	427,7 k €
Debts	10 M €	-6.2%	10,7 M €	-52.7%	22,6 M €	-6.6%	24,2 M €	+56.6%	15,5 M €	+1.9%	15,2 M €	-10.6%	17 M €	-31.9%	24,9 M €	-3.6%	25,9 M €	-8.3%	28,2 M €	+12.5%	25,1 M €	+41.4%	17,7 M €	-3.9%	18,5 M €	-5.5%	19,5 M €
Other
Workforce	262,5 ETP	-0.9%	264,9 ETP	+2.4%	258,6 ETP	+10.2%	234,6 ETP	+2.1%	229,7 ETP	-13.6%	265,9 ETP	-2.7%	273,3 ETP	+1.8%	268,4 ETP	-1.5%	272,6 ETP	-6.1%	290,4 ETP	-4.5%	304,2 ETP	+9.1%	278,7 ETP	+8.7%	256,3 ETP	+6.1%	241,5 ETP

Governance

Board of directors

Seen on filing of 31/12/2022 · 5 active · 56 ended

Active mandates

VIKING HOLDING

Director · since 15 novembre 2022 · until 14 novembre 2028 · 0877.863.064

Represented by Jens Havemann

Active

VW MANAGEMENT

Director · since 15 novembre 2022 · until 14 novembre 2028 · 0736.901.179

Represented by Sophia Vanwynsberghe

Active

JH CONSULT

Director · since 01 octobre 2020 · until 15 novembre 2022 · 0887.537.132

Represented by Jens Havemann

Active

Sophia Vanwynsberghe

Director · since 30 octobre 2017 · until 15 novembre 2022

Active

Maluar

Managing director · since 30 août 2017 · until 30 mai 2023 · 0645.906.370

Represented by Matthias Page

Active

Ended mandates

JH CONSULT

Director · since 01 octobre 2020 · until 25 mai 2027 · 0887.537.132

Represented by Jens HAVEMANN

Ended

Robert MERRITT

Director · since 11 décembre 2017 · until 30 mai 2023

Ended

NIKRIS BVBA

Chairman of the board of directors · since 10 novembre 2017 · until 30 mai 2023 · 0447.070.723

Represented by Hendrik DERUYCK

Ended

Lucien VANWYNSBERGHE

Managing director · since 30 octobre 2017 · until 30 mai 2023

Ended

Annual accounts

Full financial information

	2022	2021	2020	2019	2018	2017
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018	01/01/2017
Closing of the financial year	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018	31/12/2017
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	19/06/2023	16/06/2022	25/06/2021	10/07/2020	01/07/2019	06/06/2018
General meeting	30/05/2023	31/05/2022	26/05/2021	30/06/2020	28/05/2019	29/05/2018
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

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2022	30/05/2023	19/06/2023	Dutch	PDF
Full model	31/12/2021	31/05/2022	16/06/2022	Dutch	PDF
Full model	31/12/2020	26/05/2021	25/06/2021	Dutch	PDF
Full model	31/12/2019	30/06/2020	10/07/2020	Dutch	PDF
Full model	31/12/2018	28/05/2019	01/07/2019	Dutch	PDF
Full model	31/12/2017	29/05/2018	06/06/2018	Dutch	PDF
Full model	31/12/2016	30/05/2017	29/06/2017	Dutch	PDF
Full model	31/12/2015	21/06/2016	29/06/2016	Dutch	PDF
Full model	31/12/2014	26/05/2015	27/05/2015	Dutch	PDF
Full model	31/12/2013	27/05/2014	03/06/2014	Dutch	PDF
Full model	31/12/2012	28/05/2013	10/06/2013	Dutch	PDF
Full model	31/12/2011	29/05/2012	18/06/2012	Dutch	PDF
Full model	31/12/2010	31/05/2011	09/06/2011	Dutch	PDF
Full model	31/12/2009	25/05/2010	16/06/2010	Dutch	PDF
Full model	31/12/2008	26/05/2009	08/06/2009	Dutch	PDF
Full model	31/12/2007	27/05/2008	28/05/2008	Dutch	PDF
Full model	31/12/2006	29/05/2007	12/06/2007	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 31/12/2022 · 5 active · 56 ended

Active mandates

VIKING HOLDING

Director · since 15 novembre 2022 · until 14 novembre 2028 · 0877.863.064

Represented by Jens Havemann

Active

VW MANAGEMENT

Director · since 15 novembre 2022 · until 14 novembre 2028 · 0736.901.179

Represented by Sophia Vanwynsberghe

Active

JH CONSULT

Director · since 01 octobre 2020 · until 15 novembre 2022 · 0887.537.132

Represented by Jens Havemann

Active

Sophia Vanwynsberghe

Director · since 30 octobre 2017 · until 15 novembre 2022

Active

Maluar

Managing director · since 30 août 2017 · until 30 mai 2023 · 0645.906.370

Represented by Matthias Page

Active

Ended mandates

JH CONSULT

Director · since 01 octobre 2020 · until 25 mai 2027 · 0887.537.132

Represented by Jens HAVEMANN

Ended

Robert MERRITT

Director · since 11 décembre 2017 · until 30 mai 2023

Ended

NIKRIS BVBA

Chairman of the board of directors · since 10 novembre 2017 · until 30 mai 2023 · 0447.070.723

Represented by Hendrik DERUYCK

Ended

Lucien VANWYNSBERGHE

Managing director · since 30 octobre 2017 · until 30 mai 2023

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/05/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/01/2022
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares24/03/2021
KAPITAAL - AANDELEN - DIVERSEN
PDF
Mandates10/12/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/05/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/04/2020
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring19/12/2019
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
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

2022
Annual accounts 2022-764,6 k €↓
2021
Annual accounts 20213,8 M €↑
2017
Annual accounts 2017491,4 k €↓
2016
Annual accounts 2016511 k €↓
2015
Annual accounts 2015982,3 k €↑
2014
Annual accounts 2014-144,3 k €↓
2013
Annual accounts 20134,2 M €↑
2012
Annual accounts 2012157,1 k €↑
2011
Annual accounts 2011-1,4 M €↓
2010
Annual accounts 201098,3 k €↓
2009
Annual accounts 20091,5 M €↓
2008
Annual accounts 20081,5 M €↓
2007
Annual accounts 20073,8 M €↑
2006
Annual accounts 20061,6 M €
14/02/1989
IncorporationPublic limited company

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

Mc Three

Overview

What does Mc Three do?

Trend over 14 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