OPENING OF BANKRUPTCY

WE RESTORATE

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Financial year 2017 · closed on 30/06/2017

Net result

60,8 k €

-21.4% YoY

Gross margin

998,5 k €

Equity

1,1 M €

+6.1% YoY

Workforce

4,1 ETP

-56.8% YoY

Company — Opening of bankruptcy.

What does WE RESTORATE do?

WE RESTORATE is a Cooperative company with limited liability incorporated in 1991. Its registered office is in Gent. It employs on average 4,1 ETP workers (FTE).

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0443.858.538

Incorporation

02/04/1991

Legal form

Cooperative company with limited liability

Registered office

Franklin Rooseveltlaan 348
9000 Gent · FlandreSee on map

Latest accounts

30/06/2017

Average workforce

4,1 ETP

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 11 financial years

	2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	998,5 k €		–		–		–		–		–		565,3 k €	+64.0%	344,7 k €	-16.3%	412,1 k €	-58.6%	996,1 k €	-10.1%	1,1 M €
EBITDA	734 k €	+31.5%	558,3 k €	-15.4%	660,1 k €	+47.6%	447,2 k €	-8.8%	490,2 k €	-65.7%	1,4 M €	+242%	417,1 k €	+69.3%	246,4 k €	-45.4%	451,1 k €	-23.7%	590,9 k €	+27.2%	464,5 k €
Operating result	664,2 k €	+41.5%	469,5 k €	-19.6%	583,8 k €	+53.2%	381,1 k €	-7.1%	410 k €	-69.2%	1,3 M €	+289%	341,9 k €	+102%	169,7 k €	-56.1%	386,8 k €	-26.6%	527,1 k €	+34.2%	392,9 k €
Net result	60,8 k €	-21.4%	77,2 k €	-74.5%	302,4 k €	+0.6%	300,7 k €	+92.5%	156,2 k €	-80.1%	784 k €	+427%	148,8 k €	+387%	30,6 k €	+866%	3,2 k €	-97.5%	125,5 k €	-19.0%	155 k €
Balance sheet
Equity	1,1 M €	+6.1%	1 M €	+8.4%	925 k €	-1.0%	934,3 k €	+12.1%	833,6 k €	-10.4%	930,7 k €	-3.5%	964,8 k €	+18.2%	816 k €	+3.9%	785,4 k €	+0.2%	784 k €	+19.1%	658,5 k €
Total assets	9,8 M €	-24.3%	12,9 M €	+14.6%	11,3 M €	+80.2%	6,2 M €	+12.0%	5,6 M €	-8.5%	6,1 M €	+97.2%	3,1 M €	-34.4%	4,7 M €	-20.5%	5,9 M €	+29.2%	4,6 M €	-17.0%	5,5 M €
Cash	1,8 M €	+3.7%	1,7 M €	+31.0%	1,3 M €	-16.6%	1,6 M €	+71.9%	928,8 k €	+2.4%	907,5 k €	+167%	340,4 k €	+373%	72 k €	-50.3%	144,9 k €	-85.5%	999,6 k €	-33.9%	1,5 M €
Debts	5,6 M €	-22.9%	7,3 M €	+39.2%	5,2 M €	+1.4%	5,2 M €	+12.6%	4,6 M €	-7.3%	4,9 M €	+150%	2 M €	-47.2%	3,7 M €	-24.9%	5 M €	+92.5%	2,6 M €	-25.9%	3,5 M €
Other
Workforce	4,1 ETP	-56.8%	9,5 ETP	-10.4%	10,6 ETP	+165%	4,0 ETP	+37.9%	2,9 ETP	+11.5%	2,6 ETP	+36.8%	1,9 ETP	+5.6%	1,8 ETP	-37.9%	2,9 ETP	-55.4%	6,5 ETP	-37.5%	10,4 ETP

Governance

Board of directors

Seen on filing of 30/06/2017 · 2 active · 17 ended

Active mandates

Flat Company

Manager · 0475.667.709

Represented by KENNETH VAN DEN BERGHE

Active

KENGAR

Manager · 0873.753.036

Represented by GARRET VAN DEN BERGHE

Active

Ended mandates

K & G

Director · since 01 avril 2008 · 0466.761.426

Represented by Kenneth Van den Berghe

Ended

Flat Company

Managing director · since 17 janvier 2007 · 0475.667.709

Ended

KENGAR

Managing director · since 17 janvier 2007 · 0873.753.036

Ended

Kenneth Van Den Berghe

Director · since 17 janvier 2007

Ended

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XANTHO● Active	0738.812.376

Annual accounts

Full financial information

	2017	2016	2015	2014	2013	2012
Type of account	Abridged model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/07/2016	01/07/2015	01/07/2014	01/07/2013	01/07/2012	01/07/2011
Closing of the financial year	30/06/2017	30/06/2016	30/06/2015	30/06/2014	30/06/2013	30/06/2012
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/11/2017	29/11/2016	08/12/2015	28/11/2014	20/12/2013	11/06/2013
General meeting	10/10/2017	11/10/2016	13/10/2015	14/10/2014	08/10/2013	09/10/2012
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

13 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2017	10/10/2017	29/11/2017	Dutch	PDF
Full model	30/06/2016	11/10/2016	29/11/2016	Dutch	PDF
Full model	30/06/2015	13/10/2015	08/12/2015	Dutch	PDF
Full model	30/06/2014	14/10/2014	28/11/2014	Dutch	PDF
Full model	30/06/2013	08/10/2013	20/12/2013	Dutch	PDF
Full modelCorrection	30/06/2012	09/10/2012	11/06/2013	Dutch	PDF
Full model	30/06/2012	09/10/2012	07/01/2013	Dutch	PDF
Abridged model	30/06/2011	11/10/2011	22/12/2011	Dutch	PDF
Abridged model	30/06/2010	12/10/2010	15/02/2011	Dutch	PDF
Abridged model	30/06/2009	13/10/2009	15/02/2010	Dutch	PDF
Abridged modelCorrection	30/06/2008	15/01/2009	04/03/2009	Dutch	PDF
Abridged model	30/06/2008	02/01/2009	30/01/2009	Dutch	PDF
Abridged model	30/06/2007	05/11/2007	10/12/2007	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 30/06/2017 · 2 active · 17 ended

Active mandates

Flat Company

Manager · 0475.667.709

Represented by KENNETH VAN DEN BERGHE

Active

KENGAR

Manager · 0873.753.036

Represented by GARRET VAN DEN BERGHE

Active

Ended mandates

K & G

Director · since 01 avril 2008 · 0466.761.426

Represented by Kenneth Van den Berghe

Ended

Flat Company

Managing director · since 17 janvier 2007 · 0475.667.709

Ended

KENGAR

Managing director · since 17 janvier 2007 · 0873.753.036

Ended

Kenneth Van Den Berghe

Director · since 17 janvier 2007

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office17/04/2019
BENAMING - MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office12/02/2019
MAATSCHAPPELIJKE ZETEL
PDF
Mandates26/10/2018
BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Other10/07/2018
BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office04/07/2016
MAATSCHAPPELIJKE ZETEL
PDF
Mandates29/07/2015
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring07/01/2015
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates16/12/2011
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

2017
Annual accounts 201760,8 k €↓
2016
Annual accounts 201677,2 k €↓
2015
Annual accounts 2015302,4 k €↑
2014
Annual accounts 2014300,7 k €↑
2013
Annual accounts 2013156,2 k €↓
2012
Annual accounts 2012784 k €↑
2011
Annual accounts 2011148,8 k €↑
2010
Annual accounts 201030,6 k €↑
2009
Annual accounts 20093,2 k €↓
2008
Annual accounts 2008125,5 k €↓
2007
Annual accounts 2007155 k €
02/04/1991
IncorporationCooperative company with limited liability

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

WE RESTORATE

Overview

What does WE RESTORATE do?

Trend over 11 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