OPENING OF BANKRUPTCY

FREE RECORD SHOP(MEGA)STORE BELGIE

Company — Opening of bankruptcy.

Financial year 2012 · Closed on 30/09/2012

Net result1,2 M €-45,8 %over 1 year
Revenue23,5 M €-8,0 %over 1 year
Equity10,7 M €+13,1 %over 1 year

Identity

Source · BCE/KBO

FREE RECORD SHOP(MEGA)STORE BELGIE is a Public limited company incorporated in 1991. Its main activity is: Retail sale of electrical household appliances in specialised stores. Its registered office is in Bruxelles.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0444.205.461
Incorporation
02/05/1991
Legal form
Public limited company
Registered office
Place de la Monnaie 6-10
1000 Bruxelles · BruxellesSee on map
Latest accounts
30/09/2012
Joint committees (1)
  • 311
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 8 filings

Trend over 2 financial years

20122011
Income statement
Revenue23,5 M €25,5 M €
EBITDA1,9 M €3 M €
Operating result1,4 M €2,3 M €
Net result1,2 M €2,3 M €
Balance sheet
Equity10,7 M €9,4 M €
Total assets11,6 M €9,7 M €
Cash750,5 k €830,7 k €
Debts671,2 k €135,8 k €

Board of directors

Source · NBB, accounts to 30/09/2012

6 active · 2 ended

Active mandates

Algemene Investerings- en Participatie Maatschappij "Agim Rotterdam" BV

Managing director · since 29 avril 2013 · until 12 février 2018

Represented by Johannes A. BREUKHOVEN

Active
FRESH Entertainment Holding BV

Managing director · since 29 avril 2013 · until 12 février 2018

Represented by Paul J.A. DUMAS

Active
ProCures Entertainment BV

Managing director · since 29 avril 2013 · until 12 février 2018

Represented by Maurits A. REGENBOOG

Active
Cornelis VAN WIJGAARDEN

Managing director · since 16 novembre 2012 · until 29 avril 2013

Active
CUSTOM MANAGEMENT BV

Managing director · since 16 novembre 2012 · until 29 avril 2013

Represented by Hermanus HOVESTAD

Active
Free Record Shop(Mega)Store BV

Managing director · since 14 février 2012 · until 29 avril 2013

Represented by Johannes Arie Breukhoven

Active

Ended mandates

Free Record Shop (Mega)Store BV

Director · since 06 août 2006 · until 05 août 2012

Represented by Joannes Arie Breukhoven

Ended
Serge Couvreur

Managing director · since 06 août 2006 · until 05 août 2012

Ended

Full financial information

Source · NBB
201220112010200920082007
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/10/201101/10/201001/10/200901/10/200801/10/200701/10/2006
Closing of the financial year30/09/201230/09/201130/09/201030/09/200930/09/200830/09/2007
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date19/06/201329/04/201228/04/201129/04/201012/05/200930/06/2008
General meeting08/05/201322/03/201222/02/201109/02/201010/02/200912/02/2008
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 8 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model30/09/201208/05/201319/06/2013DutchPDF
Full model30/09/201122/03/201229/04/2012DutchPDF
Full model30/09/201022/02/201128/04/2011DutchPDF
Full model30/09/200909/02/201029/04/2010DutchPDF
Full model30/09/200810/02/200912/05/2009DutchPDF
Full modelCorrection30/09/200712/02/200830/06/2008DutchPDF
Full model30/09/200712/02/200828/04/2008DutchPDF
Full model30/09/200606/03/200729/03/2007DutchPDF

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 30/09/2012

6 active · 2 ended

Active mandates

Algemene Investerings- en Participatie Maatschappij "Agim Rotterdam" BV

Managing director · since 29 avril 2013 · until 12 février 2018

Represented by Johannes A. BREUKHOVEN

Active
FRESH Entertainment Holding BV

Managing director · since 29 avril 2013 · until 12 février 2018

Represented by Paul J.A. DUMAS

Active
ProCures Entertainment BV

Managing director · since 29 avril 2013 · until 12 février 2018

Represented by Maurits A. REGENBOOG

Active
Cornelis VAN WIJGAARDEN

Managing director · since 16 novembre 2012 · until 29 avril 2013

Active
CUSTOM MANAGEMENT BV

Managing director · since 16 novembre 2012 · until 29 avril 2013

Represented by Hermanus HOVESTAD

Active
Free Record Shop(Mega)Store BV

Managing director · since 14 février 2012 · until 29 avril 2013

Represented by Johannes Arie Breukhoven

Active

Ended mandates

Free Record Shop (Mega)Store BV

Director · since 06 août 2006 · until 05 août 2012

Represented by Joannes Arie Breukhoven

Ended
Serge Couvreur

Managing director · since 06 août 2006 · until 05 août 2012

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates16/10/2013
    ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates10/10/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/08/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/07/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/05/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/03/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/04/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/02/2011
    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. 2012
    Annual accounts 20121,2 M €↓
  2. 2011
    Annual accounts 20112,3 M €
  3. 02/05/1991
    IncorporationPublic limited company