OPENING OF BANKRUPTCY

De Groot Machines

Export PDF

Company — Opening of bankruptcy.

Financial year 2020 · Closed on 31/03/2020

Net result4,2 M €+504,2 %over 1 year
Gross margin524,5 k €+144,6 %over 1 year
Equity3,2 M €+438,2 %over 1 year
Workforce1,3 ETP+44,4 %over 1 year

Identity

Source · BCE/KBO

De Groot Machines is a Private company with limited liability incorporated in 1989. Its main activity is: Rental and leasing of other machinery, equipment and tangible goods n.e.c.. Its registered office is in Merelbeke-Melle. It employs on average 1,3 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0439.159.679
Incorporation
05/12/1989
Legal form
Private company with limited liability
Registered office
Vijverwegel 79
9090 Merelbeke-Melle · FlandreSee on map
Latest accounts
31/03/2020
Average workforce
1,3 ETP
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 13 filings

Trend over 13 financial years

20202019201820162014
Income statement
Gross margin524,5 k €214,4 k €1 M €564,6 k €-607 €
EBITDA428,2 k €144,5 k €993,4 k €545,2 k €-1,1 k €
Operating result172,4 k €-797,4 k €248,9 k €22,3 k €-1,1 k €
Net result4,2 M €-1 M €61,6 k €3,8 k €-1,1 k €
Balance sheet
Equity3,2 M €-959,3 k €80,5 k €18,9 k €15,1 k €
Total assets8,9 M €8 M €8,6 M €1,9 M €17,1 k €
Cash786,1 k €123,1 k €106,3 k €52,2 k €17 k €
Debts5,6 M €8,6 M €8,3 M €1,9 M €2 k €
Other
Workforce1,3 ETP0,9 ETP–––

Board of directors

Source · NBB, accounts to 31/03/2020

2 active · 9 ended

Active mandates

J. DE ROUCK

Director · 0461.540.549

Represented by Julien De Rouck

Active
Twogether

Director · 0821.778.159

Represented by Guy Hanssens

Active

Ended mandates

J. DE ROUCK

Manager · since 10 juillet 2017 · 0461.540.549

Represented by Julien De Rouck

Ended
Twogether

Manager · since 10 juillet 2017 · 0821.778.159

Represented by Guy Hanssens

Ended
Emmanuel Ertryckx

Manager · since 16 janvier 2015 · until 10 juillet 2017

Ended
Emmanuel ERTRYCKX

Manager · since 16 janvier 2015

Ended

Other companies at this address

Vijverwegel 79 9090 Merelbeke-Melle
CompanyCBE no.
DE GROOT FUNDERINGSTECHNIEKEN● Bankrupt
0471.004.680

Full financial information

Source · NBB
202020192018201620142013
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/201901/04/201801/10/201601/01/201501/01/201401/01/2013
Closing of the financial year31/03/202031/03/201931/03/201830/09/201631/12/201431/12/2013
Length of the financial year12 months12 months18 months21 months12 months12 months
Filing date26/10/202019/08/201924/10/201804/04/201729/06/201528/08/2014
General meeting26/09/202024/07/201929/09/201825/03/201709/06/201510/06/2014
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for 7 days

Annual accounts filings

Source · NBB, 13 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202026/09/202026/10/2020DutchPDF
Abridged model31/03/201924/07/201919/08/2019DutchPDF
Abridged model31/03/201829/09/201824/10/2018DutchPDF
Abridged model30/09/201625/03/201704/04/2017DutchPDF
Abridged model31/12/201409/06/201529/06/2015DutchPDF
Abridged model31/12/201310/06/201428/08/2014DutchPDF
Abridged model31/12/201223/08/201330/08/2013DutchPDF
Abridged model31/12/201117/08/201231/08/2012DutchPDF
Abridged model31/12/201005/08/201109/08/2011DutchPDF
Abridged model31/12/200908/06/201016/06/2010DutchPDF
Abridged model31/12/200809/06/200916/06/2009DutchPDF
Abridged model31/12/200710/06/200803/07/2008DutchPDF
Abridged model31/12/200612/06/200706/07/2007DutchPDF

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.

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.

Board of directors

Source · NBB, accounts to 31/03/2020

2 active · 9 ended

Active mandates

J. DE ROUCK

Director · 0461.540.549

Represented by Julien De Rouck

Active
Twogether

Director · 0821.778.159

Represented by Guy Hanssens

Active

Ended mandates

J. DE ROUCK

Manager · since 10 juillet 2017 · 0461.540.549

Represented by Julien De Rouck

Ended
Twogether

Manager · since 10 juillet 2017 · 0821.778.159

Represented by Guy Hanssens

Ended
Emmanuel Ertryckx

Manager · since 16 janvier 2015 · until 10 juillet 2017

Ended
Emmanuel ERTRYCKX

Manager · since 16 janvier 2015

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office15/04/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates11/03/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office20/01/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates24/10/2017
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates20/09/2017
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office10/08/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other17/07/2015
    BENAMING - DOEL - ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates12/05/2015
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2020
    Annual accounts 20204,2 M €↑
  2. 2019
    Annual accounts 2019-1 M €↓
  3. 2018
    Annual accounts 201861,6 k €↑
  4. 2016
    Annual accounts 20163,8 k €↑
  5. 2016
    Name changeDe Groot Machines
  6. 2014
    Annual accounts 2014-1,1 k €↓
  7. 2013
    Annual accounts 20133,2 k €↓
  8. 2012
    Annual accounts 20124,3 k €↑
  9. 2011
    Annual accounts 2011-4,6 k €↓
  10. 2011
    Name changeBIG OCEAN VENTURES
  11. 2010
    Annual accounts 20104,3 k €↑
  12. 2009
    Annual accounts 2009-3,7 k €↑
  13. 2008
    Annual accounts 2008-26,9 k €↓
  14. 2007
    Annual accounts 20071,7 k €↓
  15. 2006
    Annual accounts 20062 k €
  16. 2006
    Name changeALL-PLASTICS
  17. 05/12/1989
    IncorporationPrivate company with limited liability