OPENING OF BANKRUPTCY

ACE

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Financial year 2020 · closed on 31/12/2020

Net result

3,5 k €

+197.7% YoY

Gross margin

20,8 k €

-73.9% YoY

Equity

460,2 k €

+0.8% YoY

Company — Opening of bankruptcy.

What does ACE do?

ACE is a Private limited company incorporated in 1991. Its main activity is: Advertising agencies. Its registered office is in Alken.

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0443.721.847

Incorporation

02/04/1991

Legal form

Private limited company

Registered office

Bisschopsweyerstraat 2
3570 Alken · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2020

Activities (NACE)

73110Advertising agencies· main 73110Advertising agencies 74401Other professional, scientific and technical activities

Joint committees (2)

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	20,8 k €	-73.9%	79,9 k €	-9.6%	88,3 k €	+175%	32,1 k €	+84.7%	17,4 k €	-30.9%	25,2 k €	-5.2%	26,5 k €	-27.3%	36,5 k €	-22.4%	47,1 k €	+186%	16,4 k €	+132%	-51,6 k €	-145%	116 k €	-12.4%	132,5 k €	+21.6%	109 k €	+16.2%	93,8 k €
EBITDA	10 k €	-48.1%	19,2 k €	-32.9%	28,6 k €	+74.6%	16,4 k €	+335%	3,8 k €	-57.5%	8,9 k €	+11.7%	7,9 k €	-62.3%	21,1 k €	-36.1%	32,9 k €	+392%	6,7 k €	+110%	-67,1 k €	-164%	104,5 k €	-14.6%	122,3 k €	+23.9%	98,7 k €	+28.9%	76,6 k €
Operating result	10 k €	-41.4%	17 k €	-35.7%	26,4 k €	+90.3%	13,9 k €	+2920%	459,6 €	-90.9%	5,1 k €	+2.6%	4,9 k €	-64.2%	13,8 k €	-40.7%	23,2 k €	+327%	-10,2 k €	+87.9%	-85 k €	-225%	68,1 k €	-29.4%	96,5 k €	+29.1%	74,8 k €	+24.4%	60,1 k €
Net result	3,5 k €	+198%	1,2 k €	-85.5%	8 k €	+125%	3,6 k €	+165%	-5,5 k €	-2.9%	-5,3 k €	-218180%	2,5 €	-99.9%	3 k €	-84.6%	19,3 k €	+276%	-10,9 k €	-153%	20,5 k €	-35.3%	31,7 k €	-89.4%	299,9 k €	+617%	41,8 k €	+69.7%	24,7 k €
Balance sheet
Equity	460,2 k €	+0.8%	456,7 k €	+0.3%	455,6 k €	+0.0%	455,5 k €	+0.1%	455,3 k €	-1.2%	460,8 k €	-1.1%	466,1 k €	+0.0%	466,1 k €	+0.0%	466,1 k €	+0.3%	464,8 k €	-2.3%	475,7 k €	+4.5%	455,2 k €	+5.5%	431,4 k €	+158%	167,5 k €	+11.9%	149,7 k €
Total assets	526,3 k €	-11.8%	596,7 k €	-3.2%	616,4 k €	+10.4%	558,4 k €	+2.2%	546,1 k €	-1.3%	553,4 k €	+15.5%	479,1 k €	-6.6%	513,2 k €	-2.3%	525,4 k €	-19.9%	655,6 k €	-8.5%	716,4 k €	-16.4%	856,7 k €	-3.3%	886,1 k €	+11.0%	798,2 k €	+67.0%	477,9 k €
Cash	56,7 €	-6.8%	60,9 €	+78.7%	34,1 €	-93.7%	543,8 €	-56.8%	1,3 k €	-32.8%	1,9 k €	+472%	328 €	-94.4%	5,9 k €	-82.6%	33,9 k €	+157%	13,2 k €	-60.2%	33,1 k €	+213%	10,6 k €	+79.7%	5,9 k €	-70.8%	20,2 k €	+516%	3,3 k €
Debts	66,1 k €	-52.6%	139,6 k €	-13.0%	160,6 k €	+56.1%	102,9 k €	+13.5%	90,6 k €	-2.0%	92,4 k €	+611%	13 k €	-72.4%	47,1 k €	-0.6%	47,3 k €	-74.4%	184,8 k €	-8.4%	201,7 k €	-46.0%	373,3 k €	-9.9%	414,3 k €	-32.8%	616,3 k €	+96.4%	313,9 k €
Other
Workforce	–		–		–		–		–		0,3 ETP	+50.0%	0,2 ETP	0.0%	0,2 ETP	0.0%	0,2 ETP	0.0%	0,2 ETP	0.0%	0,2 ETP	0.0%	0,2 ETP	0.0%	0,2 ETP	0.0%	0,2 ETP	-33.3%	0,3 ETP

Governance

Board of directors

Seen on filing of 31/12/2020 · 2 active · 1 ended

Active mandates

Marcelle Mondelaers

Manager

Active

PHILIPPE BIJNENS

Manager

Active

Ended mandates

Marcelle MONDELAERS

Administrator - manager

Ended

At this address

Other companies at this address

Company	CBE no.
IRSA● Bankrupt	0432.635.935

Annual accounts

Full financial information

	2020	2019	2018	2017	2016	2015
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Abridged model
Start of the financial year	01/01/2020	01/01/2019	01/01/2018	01/01/2017	01/01/2016	01/01/2015
Closing of the financial year	31/12/2020	31/12/2019	31/12/2018	31/12/2017	31/12/2016	31/12/2015
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	23/05/2023	09/11/2020	03/01/2020	22/08/2018	31/08/2017	30/09/2016
General meeting	08/06/2021	18/08/2020	11/06/2019	28/06/2018	13/06/2017	14/06/2016
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

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Filings

Annual accounts filings

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2020	08/06/2021	23/05/2023	Dutch	PDF
Micro model	31/12/2019	18/08/2020	09/11/2020	Dutch	PDF
Micro model	31/12/2018	11/06/2019	03/01/2020	Dutch	PDF
Micro model	31/12/2017	28/06/2018	22/08/2018	Dutch	PDF
Micro model	31/12/2016	13/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	14/06/2016	30/09/2016	Dutch	PDF
Abridged model	31/12/2014	09/06/2015	30/10/2015	Dutch	PDF
Abridged model	31/12/2013	10/06/2014	31/08/2014	Dutch	PDF
Abridged model	31/12/2012	11/06/2013	28/09/2013	Dutch	PDF
Abridged model	31/12/2011	12/06/2012	26/07/2012	Dutch	PDF
Abridged model	31/12/2010	14/06/2011	28/07/2011	Dutch	PDF
Abridged model	31/12/2009	08/06/2010	30/11/2010	Dutch	PDF
Abridged model	31/12/2008	09/06/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	10/06/2008	30/08/2008	Dutch	PDF
Abridged model	31/12/2006	12/06/2007	31/07/2007	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 31/12/2020 · 2 active · 1 ended

Active mandates

Marcelle Mondelaers

Manager

Active

PHILIPPE BIJNENS

Manager

Active

Ended mandates

Marcelle MONDELAERS

Administrator - manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office29/07/2022
MAATSCHAPPELIJKE ZETEL
PDF
Mandates03/11/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office25/03/2011
MAATSCHAPPELIJKE ZETEL
PDF
Registered office15/09/2006
MAATSCHAPPELIJKE ZETEL
PDF
Registered office29/09/2004
MAATSCHAPPELIJKE ZETEL
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

2020
Annual accounts 20203,5 k €↑
2019
Annual accounts 20191,2 k €↓
2018
Annual accounts 20188 k €↑
2017
Annual accounts 20173,6 k €↑
2016
Annual accounts 2016-5,5 k €↓
2015
Annual accounts 2015-5,3 k €↓
2014
Annual accounts 20142,5 €↓
2013
Annual accounts 20133 k €↓
2012
Annual accounts 201219,3 k €↑
2011
Annual accounts 2011-10,9 k €↓
2010
Annual accounts 201020,5 k €↓
2009
Annual accounts 200931,7 k €↓
2008
Annual accounts 2008299,9 k €↑
2007
Annual accounts 200741,8 k €↑
2006
Annual accounts 200624,7 k €
02/04/1991
IncorporationPrivate 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

ACE

Overview

What does ACE do?

Trend over 15 financial years

Board of directors

Other companies at this address

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