OPENING OF BANKRUPTCY

WORLDWIDE BUSINESS COMMUNICATIONS

Company — Opening of bankruptcy.

Financial year 2021 · Closed on 30/06/2021

Net result-12 k €-315,2 %over 1 year
Gross margin38,4 k €+46,9 %over 1 year
Equity164,6 k €-6,8 %over 1 year

Identity

Source · BCE/KBO

WORLDWIDE BUSINESS COMMUNICATIONS is a Public limited company incorporated in 1994. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Bree.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0453.366.023
Incorporation
08/09/1994
Legal form
Public limited company
Registered office
Filterstraat 27
3960 Bree · FlandreSee on map
Contributed capital
122 000,00 €
Latest accounts
30/06/2021
Signals
Solid equityGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 17 filings

Trend over 15 financial years

20212020201920182017
Income statement
Gross margin38,4 k €26,2 k €36,7 k €40,5 k €55,8 k €
EBITDA32,5 k €21,3 k €29,9 k €34,5 k €55,4 k €
Operating result-636,4 €5,8 k €3,6 k €9,2 k €44,3 k €
Net result-12 k €5,6 k €2,9 k €9 k €44,1 k €
Balance sheet
Equity164,6 k €176,6 k €171,1 k €168,2 k €159,1 k €
Total assets250,3 k €266,1 k €228,3 k €186,4 k €230,7 k €
Cash12,9 k €2,3 k €6,1 k €12,3 k €7 k €
Debts85,7 k €89,6 k €57,2 k €18,2 k €71,5 k €

Board of directors

Source · NBB, accounts to 30/06/2021

2 active · 4 ended

Active mandates

LORECEL VANDORMAEL

Administrator - manager

Active
LUC VANDORMAEL

Managing director

Active

Ended mandates

LORECEL VANDORMAEL

Director · since 01 avril 2009 · until 01 avril 2014

Ended
INGRID JASTZEMBSKA

Director · since 01 avril 2003 · until 01 avril 2009

Ended
LUC VAN DORMAEL

Managing director · since 01 avril 2003 · until 01 avril 2009

Ended
LORECEL VANDORMAEL

Director

Ended

Other companies at this address

Filterstraat 27 3960 Bree
CompanyCBE no.
AD Project● Bankrupt
0822.451.914
AZAS LOUKAS● Bankrupt
0849.190.359
0843.113.805

Full financial information

Source · NBB
202120202019201820172016
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelAbridged model
Start of the financial year01/07/202001/07/201901/07/201801/07/201701/07/201601/07/2015
Closing of the financial year30/06/202130/06/202030/06/201930/06/201830/06/201730/06/2016
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date16/12/202224/02/202121/10/201902/04/201914/09/201810/01/2018
General meeting18/11/202211/10/202011/10/201911/11/201811/11/201728/11/2016
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, 17 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202118/11/202216/12/2022DutchPDF
Micro model30/06/202011/10/202024/02/2021DutchPDF
Micro model30/06/201911/10/201921/10/2019DutchPDF
Micro model30/06/201811/11/201802/04/2019DutchPDF
Micro modelCorrection30/06/201711/11/201714/09/2018DutchPDF
Micro model30/06/201703/11/201715/01/2018DutchPDF
Abridged model30/06/201628/11/201610/01/2018DutchPDF
Abridged model30/06/201528/11/201522/03/2016DutchPDF
Abridged model30/06/201428/11/201406/04/2015DutchPDF
Abridged model30/06/201328/11/201328/11/2013DutchPDF
Abridged model30/06/201203/12/201231/12/2012DutchPDF
Abridged model30/06/201130/06/201102/04/2012DutchPDF
Abridged model30/06/201001/12/201016/05/2012DutchPDF
Abridged model30/06/200901/12/200921/06/2011DutchPDF
Abridged model30/06/200805/01/200921/06/2011DutchPDF
Abridged model30/06/200701/12/200729/02/2008DutchPDF
Abridged model30/06/200601/12/200626/01/2007DutchPDF

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.

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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 30/06/2021

2 active · 4 ended

Active mandates

LORECEL VANDORMAEL

Administrator - manager

Active
LUC VANDORMAEL

Managing director

Active

Ended mandates

LORECEL VANDORMAEL

Director · since 01 avril 2009 · until 01 avril 2014

Ended
INGRID JASTZEMBSKA

Director · since 01 avril 2003 · until 01 avril 2009

Ended
LUC VAN DORMAEL

Managing director · since 01 avril 2003 · until 01 avril 2009

Ended
LORECEL VANDORMAEL

Director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates05/05/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Court decision05/01/2009
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
    PDF
  • Registered office26/06/2008
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates09/10/2003
    ONTSLAGEN - BENOEMINGEN - MAATSCHAPPELIJKE ZETEL
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

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Timeline

  1. 2021
    Annual accounts 2021-12 k €↓
  2. 2020
    Annual accounts 20205,6 k €↑
  3. 2019
    Annual accounts 20192,9 k €↓
  4. 2018
    Annual accounts 20189 k €↓
  5. 2017
    Annual accounts 201744,1 k €↑
  6. 2016
    Annual accounts 20164 k €↑
  7. 2015
    Annual accounts 2015-58 k €↓
  8. 2014
    Annual accounts 201425,2 k €↑
  9. 2013
    Annual accounts 201315,1 k €↓
  10. 2012
    Annual accounts 201244,8 k €↑
  11. 2011
    Annual accounts 201128,9 k €↑
  12. 2010
    Annual accounts 201017,7 k €↑
  13. 2009
    Annual accounts 2009-4,2 k €↓
  14. 2008
    Annual accounts 20089,5 k €↑
  15. 2007
    Annual accounts 2007-19,8 k €
  16. 08/09/1994
    IncorporationPublic limited company