OPENING OF BANKRUPTCY

VELDEMAN BEDDING

Financial year 2021 · closed on 31/12/2021
Net result
9 k €
-93.3% YoY
Revenue
52,1 M €
+1.4% YoY
Equity
8,3 M €
+19.9% YoY
Workforce
196,8 ETP
-1.0% YoY

Company — Opening of bankruptcy.

What does VELDEMAN BEDDING do?

VELDEMAN BEDDING is a Public limited company incorporated in 1989. Its main activity is: Manufacture of furniture. Its registered office is in Oudsbergen. It employs on average 196,8 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0436.960.848
Incorporation
23/03/1989
Legal form
Public limited company
Registered office
Industrieweg-Noord 1155
3660 Oudsbergen · FlandreSee on map
Contributed capital
6 150 000,00 €
Latest accounts
31/12/2021
Average workforce
196,8 ETP
Joint committees (2)
  • 126
  • 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20212020201920182017201620152013201220112010200920072006
Income statement
Revenue52,1 M €51,3 M €50,4 M €53,7 M €58 M €56,3 M €45,7 M €42,4 M €41,3 M €36,2 M €37,6 M €38,8 M €37,9 M €34,8 M €
EBITDA3 M €3,3 M €3,4 M €3,4 M €3,2 M €3,7 M €3,4 M €4 M €3,1 M €1,6 M €1,7 M €1,7 M €1,5 M €1,4 M €
Operating result1,5 M €1,6 M €1,5 M €1,8 M €1,6 M €1,7 M €1,2 M €1,6 M €1,1 M €244,7 k €325,2 k €413,6 k €301,2 k €316,9 k €
Net result9 k €132,9 k €37,6 k €190,2 k €70,1 k €118,2 k €13,9 k €-88 k €32 k €24,1 k €28,6 k €28,5 k €59,9 k €6,3 k €
Balance sheet
Equity8,3 M €6,9 M €6,7 M €6,7 M €6,5 M €6,5 M €6,4 M €6,4 M €6,5 M €6,4 M €6,4 M €6,4 M €6,3 M €6,3 M €
Total assets56 M €58,2 M €51,2 M €53,4 M €52,7 M €48,2 M €46,2 M €46,5 M €51,7 M €18,7 M €15,7 M €17 M €18 M €17,4 M €
Cash669,9 k €1,6 M €976,6 k €577,3 k €1,1 M €155 k €315 k €332,1 k €1,4 M €1,1 M €145 k €601,9 k €305,9 k €972,4 k €
Debts47,6 M €50,7 M €44,1 M €46,4 M €45,8 M €41,3 M €39,2 M €39,6 M €44,7 M €11,6 M €8,8 M €10,3 M €11,4 M €10,9 M €
Other
Workforce196,8 ETP198,7 ETP208,9 ETP203,2 ETP195,6 ETP190,8 ETP187,4 ETP192,1 ETP180,8 ETP185,6 ETP161,5 ETP160,1 ETP143,5 ETP139,8 ETP
Governance

Board of directors

Seen on filing of 31/12/2021 · 4 active · 60 ended

Active mandates

CONSUVEL

Managing director · since 04 décembre 2020 · until 01 juin 2026 · 0454.705.118

Represented by Marc Veldeman

Active
Filip DOSSCHE & C°

Director · since 04 décembre 2020 · until 01 juin 2026 · 0430.846.779

Represented by Filip Dossche

Active
Valerie Veldeman

Director · since 04 décembre 2020 · until 01 juin 2026

Active
VELDEMAN GROUP

Director · since 04 décembre 2020 · until 01 juin 2026 · 0430.621.701

Represented by Philip Daenen

Active

Ended mandates

CONSUVEL

Chairman of the board of directors · since 03 juin 2019 · until 02 juin 2025 · 0454.705.118

Represented by Marc Veldeman

Ended
CONSUVEL

Managing director · since 03 juin 2019 · until 04 décembre 2020 · 0454.705.118

Represented by Marc Veldeman

Ended
CONSUVEL

Managing director · since 03 juin 2019 · until 02 juin 2025 · 0454.705.118

Represented by Marc Veldeman

Ended
Fibesco BV

Director · since 03 juin 2019 · until 04 décembre 2020

Represented by Valerie Veldeman

Ended
At this address

Other companies at this address

CompanyCBE no.
PMF FINANCEBankrupt
0841.520.926
Annual accounts

Full financial information

202120202019201820172016
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202101/01/202001/01/201901/01/201801/01/201701/01/2016
Closing of the financial year31/12/202131/12/202031/12/201931/12/201831/12/201731/12/2016
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date17/02/202329/07/202130/09/202024/06/201913/06/201810/07/2017
General meeting16/02/202330/06/202108/09/202003/06/201904/06/201830/06/2017
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

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202116/02/202317/02/2023DutchPDF
Full model31/12/202030/06/202129/07/2021DutchPDF
Full model31/12/201908/09/202030/09/2020DutchPDF
Full model31/12/201803/06/201924/06/2019DutchPDF
Full model31/12/201704/06/201813/06/2018DutchPDF
Full model31/12/201630/06/201710/07/2017DutchPDF
Full model31/12/201506/06/201620/06/2016DutchPDF
Full model31/12/201421/09/201529/09/2015DutchPDF
Full model31/12/201311/07/201424/07/2014DutchPDF
Full model31/12/201224/07/201330/08/2013DutchPDF
Full model31/12/201129/06/201220/07/2012DutchPDF
Full model31/12/201006/06/201106/07/2011DutchPDF
Full model31/12/200907/06/201007/07/2010DutchPDF
Full model31/12/200823/06/200910/07/2009DutchPDF
Full model31/12/200723/06/200804/07/2008DutchPDF
Full model31/12/200604/06/200720/06/2007DutchPDF
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 31/12/2021 · 4 active · 60 ended

Active mandates

CONSUVEL

Managing director · since 04 décembre 2020 · until 01 juin 2026 · 0454.705.118

Represented by Marc Veldeman

Active
Filip DOSSCHE & C°

Director · since 04 décembre 2020 · until 01 juin 2026 · 0430.846.779

Represented by Filip Dossche

Active
Valerie Veldeman

Director · since 04 décembre 2020 · until 01 juin 2026

Active
VELDEMAN GROUP

Director · since 04 décembre 2020 · until 01 juin 2026 · 0430.621.701

Represented by Philip Daenen

Active

Ended mandates

CONSUVEL

Chairman of the board of directors · since 03 juin 2019 · until 02 juin 2025 · 0454.705.118

Represented by Marc Veldeman

Ended
CONSUVEL

Managing director · since 03 juin 2019 · until 04 décembre 2020 · 0454.705.118

Represented by Marc Veldeman

Ended
CONSUVEL

Managing director · since 03 juin 2019 · until 02 juin 2025 · 0454.705.118

Represented by Marc Veldeman

Ended
Fibesco BV

Director · since 03 juin 2019 · until 04 décembre 2020

Represented by Valerie Veldeman

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates21/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/09/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other26/04/2017
    DOEL
    PDF
  • Mandates18/10/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/06/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other23/04/2015
    DIVERSEN
    PDF
  • Mandates16/09/2013
    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. 2021
    Annual accounts 20219 k €
  2. 2020
    Annual accounts 2020132,9 k €
  3. 2019
    Annual accounts 201937,6 k €
  4. 2018
    Annual accounts 2018190,2 k €
  5. 2017
    Annual accounts 201770,1 k €
  6. 2016
    Annual accounts 2016118,2 k €
  7. 2015
    Annual accounts 201513,9 k €
  8. 2013
    Annual accounts 2013-88 k €
  9. 2012
    Annual accounts 201232 k €
  10. 2011
    Annual accounts 201124,1 k €
  11. 2010
    Annual accounts 201028,6 k €
  12. 2009
    Annual accounts 200928,5 k €
  13. 2007
    Annual accounts 200759,9 k €
  14. 2006
    Annual accounts 20066,3 k €
  15. 23/03/1989
    IncorporationPublic limited company