OPENING OF BANKRUPTCY

VL

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Financial year 2018 · closed on 31/07/2018

Net result

4,8 k €

+398.7% YoY

Gross margin

646,3 k €

-3.5% YoY

Equity

-8,4 k €

+36.1% YoY

Workforce

13,7 ETP

-9.9% YoY

Company — Opening of bankruptcy.

What does VL do?

VL is a Public limited company incorporated in 1993. Its main activity is: Retail sale of clothing in specialised stores. Its registered office is in Diest. It employs on average 13,7 ETP workers (FTE).

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0450.235.495

Incorporation

01/06/1993

Legal form

Public limited company

Registered office

Koning Albertstraat 84
3290 Diest · FlandreSee on map

Latest accounts

31/07/2018

Average workforce

13,7 ETP

Activities (NACE)

47716Retail sale of clothing in specialised stores· main 47716Retail sale of clothing in specialised stores 52421Warehousing and support activities for transportation

Joint committees (2)

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 12 financial years

	2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	646,3 k €	-3.5%	669,7 k €	-1.7%	681,6 k €	+64.6%	414,1 k €	-30.9%	598,9 k €	-12.7%	686,2 k €	-6.2%	731,3 k €	+94.8%	375,5 k €	+17355%	-2,2 k €	-207%	-710 €	+99.0%	-69,1 k €	-1627%	4,5 k €
EBITDA	6,5 k €	+41.4%	4,6 k €	+531%	729 €	+261%	-453,5 €	-102%	28,3 k €	+24.1%	22,8 k €	+185%	-26,7 k €	-496%	6,7 k €	+402%	-2,2 k €	-129%	-978,3 €	+98.6%	-70,1 k €	-2023%	3,6 k €
Operating result	6,5 k €	+95.9%	3,3 k €	+705%	-549,1 €	+68.3%	-1,7 k €	-106%	27 k €	+25.5%	21,5 k €	+181%	-26,7 k €	-496%	6,7 k €	+402%	-2,2 k €	-129%	-978,3 €	+98.6%	-70,1 k €	-8907%	796,3 €
Net result	4,8 k €	+399%	959,2 €	+259%	-604,2 €	-217%	517,8 €	-41.4%	883 €	-59.2%	2,2 k €	+109%	-23 k €	-369%	8,6 k €	+482%	-2,2 k €	-150%	4,4 k €	+106%	-68,5 k €	-11011%	627,5 €
Balance sheet
Equity	-8,4 k €	+36.1%	-13,2 k €	+6.8%	-14,2 k €	-4.4%	-13,6 k €	+3.7%	-14,1 k €	+5.9%	-15 k €	+12.6%	-17,2 k €	-392%	5,9 k €	+320%	-2,7 k €	-509%	-439,5 €	+98.8%	-35,4 k €	-207%	33,1 k €
Total assets	828,6 k €	+109%	395,7 k €	+277%	104,9 k €	+117%	48,4 k €	-70.4%	163,7 k €	+174%	59,8 k €	-72.1%	214,3 k €	+82.2%	117,6 k €	+18795%	622,3 €	+906%	61,9 €	-99.8%	35,1 k €	-64.4%	98,6 k €
Cash	26,6 €	-99.4%	4,4 k €	+245%	1,3 k €	+743%	150,8 €	-52.0%	314,5 €	-24.2%	414,8 €	+20.3%	344,7 €	-57.8%	817,1 €	+217%	257,6 €		–		–		4,6 k €
Debts	837,1 k €	+105%	408,9 k €	+243%	119,1 k €	+92.1%	62 k €	-65.1%	177,9 k €	+138%	74,8 k €	-67.7%	231,4 k €	+107%	111,7 k €	+3287%	3,3 k €	+558%	501,4 €	-99.3%	70,5 k €	+7.5%	65,6 k €
Other
Workforce	13,7 ETP	-9.9%	15,2 ETP	-19.1%	18,8 ETP	+42.4%	13,2 ETP	-30.5%	19,0 ETP	+5.6%	18,0 ETP	-53.2%	38,5 ETP	+148%	15,5 ETP		–		–		–		–

Governance

Board of directors

Seen on filing of 31/07/2018 · 2 active · 8 ended

Active mandates

JVL MANAGEMENT

Managing director · since 11 octobre 2013 · until 10 octobre 2019 · 0539.979.006

Represented by Joris Vanlommel

Active

Wielingen NV

Managing director · since 11 octobre 2013 · until 10 octobre 2019 · 0425.642.532

Represented by Michaël Van Moffaert

Active

Ended mandates

JVL MANAGEMENT

Managing director · since 11 octobre 2013 · until 10 octobre 2019 · 0539.979.006

Represented by Joris Vanlommel

Ended

WIELINGEN NV

Managing director · since 11 octobre 2013 · until 10 octobre 2019 · 0425.642.532

Represented by Michaël Van Moffaert

Ended

Joris Vanlommel

Chairman of the board of directors · since 30 mars 2009 · until 29 mars 2015

Ended

Marleen Hannes

Director · since 30 mars 2009 · until 29 mars 2015

Ended

At this address

Other companies at this address

Company	CBE no.
A.O.V.L.● Bankrupt	0476.677.103
Kraan Verhuur Benelux● Bankrupt	0874.866.358

Annual accounts

Full financial information

	2018	2017	2016	2015	2014	2013
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/08/2017	01/08/2016	01/08/2015	01/08/2014	01/08/2013	01/08/2012
Closing of the financial year	31/07/2018	31/07/2017	31/07/2016	31/07/2015	31/07/2014	31/07/2013
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	14/02/2019	31/01/2018	17/02/2017	25/03/2016	08/01/2015	10/12/2013
General meeting	01/12/2018	01/12/2017	01/12/2016	01/12/2015	04/12/2014	02/12/2013
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	31/07/2018	01/12/2018	14/02/2019	Dutch	PDF
Abridged model	31/07/2017	01/12/2017	31/01/2018	Dutch	PDF
Abridged model	31/07/2016	01/12/2016	17/02/2017	Dutch	PDF
Abridged model	31/07/2015	01/12/2015	25/03/2016	Dutch	PDF
Abridged model	31/07/2014	04/12/2014	08/01/2015	Dutch	PDF
Abridged model	31/07/2013	02/12/2013	10/12/2013	Dutch	PDF
Abridged model	31/07/2012	03/12/2012	21/12/2012	Dutch	PDF
Abridged model	31/07/2011	01/12/2011	24/01/2012	Dutch	PDF
Abridged model	31/07/2010	01/12/2010	09/02/2011	Dutch	PDF
Abridged model	31/07/2009	22/02/2010	10/03/2010	Dutch	PDF
Abridged model	31/07/2008	01/12/2008	20/02/2009	Dutch	PDF
Abridged model	30/06/2007	03/12/2007	02/01/2008	Dutch	PDF
Abridged model	30/06/2006	04/12/2006	15/01/2007	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 31/07/2018 · 2 active · 8 ended

Active mandates

JVL MANAGEMENT

Managing director · since 11 octobre 2013 · until 10 octobre 2019 · 0539.979.006

Represented by Joris Vanlommel

Active

Wielingen NV

Managing director · since 11 octobre 2013 · until 10 octobre 2019 · 0425.642.532

Represented by Michaël Van Moffaert

Active

Ended mandates

JVL MANAGEMENT

Managing director · since 11 octobre 2013 · until 10 octobre 2019 · 0539.979.006

Represented by Joris Vanlommel

Ended

WIELINGEN NV

Managing director · since 11 octobre 2013 · until 10 octobre 2019 · 0425.642.532

Represented by Michaël Van Moffaert

Ended

Joris Vanlommel

Chairman of the board of directors · since 30 mars 2009 · until 29 mars 2015

Ended

Marleen Hannes

Director · since 30 mars 2009 · until 29 mars 2015

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/04/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/11/2013
ONTSLAGEN - BENOEMINGEN
PDF
Registered office16/08/2010
MAATSCHAPPELIJKE ZETEL
PDF
Mandates28/05/2009
BENAMING - MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other25/06/2008
BOEKJAAR
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

2018
Annual accounts 20184,8 k €↑
2017
Annual accounts 2017959,2 €↑
2016
Annual accounts 2016-604,2 €↓
2015
Annual accounts 2015517,8 €↓
2014
Annual accounts 2014883 €↓
2013
Annual accounts 20132,2 k €↑
2012
Annual accounts 2012-23 k €↓
2011
Annual accounts 20118,6 k €↑
2010
Annual accounts 2010-2,2 k €↓
2009
Annual accounts 20094,4 k €↑
2009
Name changeVL
2008
Annual accounts 2008-68,5 k €↓
2007
Annual accounts 2007627,5 €
2007
Name changeGIGI
01/06/1993
IncorporationPublic 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

VL

Overview

What does VL do?

Trend over 12 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