ACTIVE

FRESH START

Financial year 2023 · closed on 30/11/2023
Net result
-3,5 k €
-111.1% YoY
Gross margin
-2,7 k €
-37.6% YoY
Equity
-50,9 k €
-7.3% YoY

What does FRESH START do?

FRESH START is a Private company with limited liability incorporated in 1992. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0448.042.703
Incorporation
28/08/1992
Legal form
Private company with limited liability
Registered office
Predikherenlei 2
9000 Gent · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
30/11/2023
Joint committees (1)
  • 200
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2023202220212019201820162015201420132012201120102009200820072006
Income statement
Gross margin-2,7 k €-2 k €-7,7 k €30,2 k €-64,9 k €278,9 k €134,1 k €18,3 k €-36,7 k €-1,5 k €106,3 k €60,7 k €21,2 k €14,7 k €41,6 k €13,8 k €
EBITDA-2,8 k €-2,1 k €-7,9 k €-54,6 k €-361,6 k €45,1 k €33,6 k €17,7 k €-37,4 k €-2,3 k €60,2 k €59,9 k €16,6 k €13,6 k €40,1 k €10,5 k €
Operating result-2,8 k €-2,1 k €-7,9 k €-59 k €-371,8 k €38,9 k €30,7 k €11,7 k €12,6 k €-9,7 k €21,8 k €46,3 k €5,8 k €5,4 k €31,3 k €3,3 k €
Net result-3,5 k €-1,6 k €-9 k €-61,1 k €-383,6 k €19,8 k €17,4 k €8,1 k €10,8 k €22,8 k €16,1 k €32,4 k €385 €6 k €14,5 k €-302 k €
Balance sheet
Equity-50,9 k €-47,5 k €-45,8 k €-25,9 k €35,2 k €418,8 k €399 k €381,6 k €373,4 k €362,6 k €339,9 k €323,7 k €291,3 k €291 k €284,9 k €270,5 k €
Total assets27,8 k €20,6 k €20,1 k €26,6 k €131,5 k €725,1 k €622,2 k €438,5 k €454,9 k €473,4 k €508,3 k €448,4 k €587 k €434,5 k €340,5 k €394,3 k €
Cash27,1 k €19,9 k €20,1 k €19,3 k €13,4 k €42,8 k €121,4 k €254,4 k €64,4 k €16,4 k €33,6 k €49,7 k €53,2 k €145,4 k €14,8 k €33,4 k €
Debts78,7 k €68,1 k €66 k €52,5 k €96,3 k €256 k €157,6 k €21,3 k €45,9 k €50,1 k €117,9 k €124,7 k €295,7 k €143,5 k €55,6 k €123,8 k €
Other
Workforce1,0 ETP2,2 ETP7,3 ETP2,2 ETP0,2 ETP
Governance

Board of directors

Seen on filing of 30/11/2023 · 1 active · 3 ended

Active mandates

Benjamin Ginsburg

Director

Active

Ended mandates

Benjamin Ginsburg

Director · since 30 septembre 1995

Ended
Benjamin Ginsburg

Manager · since 28 août 1992

Ended
Benjamin Ginsburg

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
0874.566.153
GREEN HOMESActive
0873.490.542
0524.709.028
KöppingActive
0419.912.703
Annual accounts

Full financial information

202320222021201920182016
Type of accountMicro modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/12/202201/12/202101/12/202001/12/201801/01/201701/01/2016
Closing of the financial year30/11/202330/11/202230/11/202130/11/201930/11/201831/12/2016
Length of the financial year12 months12 months12 months12 months23 months12 months
Filing date23/05/202511/07/202331/05/202228/04/202028/05/201922/06/2017
General meeting27/03/202531/05/202320/05/202203/04/202005/04/201915/06/2017
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/11/202327/03/202523/05/2025DutchPDF
Abridged model30/11/202231/05/202311/07/2023DutchPDF
Abridged model30/11/202120/05/202231/05/2022DutchPDF
Abridged model30/11/201903/04/202028/04/2020DutchPDF
Abridged model30/11/201805/04/201928/05/2019DutchPDF
Abridged model31/12/201615/06/201722/06/2017DutchPDF
Abridged model31/12/201515/04/201613/05/2016DutchPDF
Abridged model31/12/201402/06/201530/06/2015DutchPDF
Abridged model31/12/201315/04/201420/06/2014DutchPDF
Abridged model31/12/201214/06/201319/06/2013DutchPDF
Abridged model31/12/201104/06/201211/07/2012DutchPDF
Abridged model31/12/201027/07/201129/07/2011DutchPDF
Abridged model31/12/200915/06/201005/07/2010DutchPDF
Abridged model31/12/200823/06/200930/06/2009DutchPDF
Abridged model31/12/200722/05/200803/06/2008DutchPDF
Abridged model31/12/200622/10/200731/10/2007DutchPDF
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 30/11/2023 · 1 active · 3 ended

Active mandates

Benjamin Ginsburg

Director

Active

Ended mandates

Benjamin Ginsburg

Director · since 30 septembre 1995

Ended
Benjamin Ginsburg

Manager · since 28 août 1992

Ended
Benjamin Ginsburg

Manager

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office05/02/2018
    BENAMING - MAATSCHAPPELIJKE ZETEL
    PDF
  • Other18/01/2018
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Registered office09/04/2010
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office05/01/2009
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares17/11/2008
    DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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. 2023
    Annual accounts 2023-3,5 k €
  2. 2022
    Annual accounts 2022-1,6 k €
  3. 2021
    Annual accounts 2021-9 k €
  4. 2019
    Annual accounts 2019-61,1 k €
  5. 2018
    Annual accounts 2018-383,6 k €
  6. 2018
    Name changeFresh Start
  7. 2016
    Annual accounts 201619,8 k €
  8. 2015
    Annual accounts 201517,4 k €
  9. 2014
    Annual accounts 20148,1 k €
  10. 2013
    Annual accounts 201310,8 k €
  11. 2012
    Annual accounts 201222,8 k €
  12. 2011
    Annual accounts 201116,1 k €
  13. 2010
    Annual accounts 201032,4 k €
  14. 2009
    Annual accounts 2009385 €
  15. 2008
    Annual accounts 20086 k €
  16. 2007
    Annual accounts 200714,5 k €
  17. 2006
    Annual accounts 2006-302 k €
  18. 2006
    Name changeRAIN AIR BENELUX
  19. 28/08/1992
    IncorporationPrivate company with limited liability