OPENING OF BANKRUPTCY

ALGROBO

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Financial year 2020 · closed on 31/12/2020

Net result

-43,9 k €

+84.0% YoY

Gross margin

1,2 M €

-38.6% YoY

Equity

2,3 M €

-1.9% YoY

Workforce

25,7 ETP

-14.6% YoY

Company — Opening of bankruptcy.

What does ALGROBO do?

ALGROBO is a Public limited company incorporated in 1994. Its main activity is: Sale of cars and light motor vehicles. Its registered office is in Laarne. It employs on average 25,7 ETP workers (FTE).

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0454.071.549

Incorporation

21/12/1994

Legal form

Public limited company

Registered office

Veldmeersstraat 33
9270 Laarne · FlandreSee on map

Contributed capital

86 762,73 €

Latest accounts

31/12/2020

Average workforce

25,7 ETP

Activities (NACE)

45112Sale of cars and light motor vehicles· main 81230Cleaning activities 81290Other cleaning activities 02020Forestry and logging 02400Support services to forestry 02400Support services to forestry+7

Joint committees (5)

Signals

Good liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	1,2 M €	-38.6%	1,9 M €	+11.1%	1,7 M €	-3.9%	1,8 M €	+7.7%	1,7 M €	+1.1%	1,7 M €	-7.7%	1,8 M €	-28.8%	2,5 M €	+1.9%	2,5 M €	-1.1%	2,5 M €	+12.6%	2,2 M €	+7.2%	2,1 M €	+5.9%	2 M €	-51.7%	4,1 M €
EBITDA	4 k €	+102%	-184,4 k €	-231%	140,4 k €	-49.5%	277,8 k €	+112%	131,2 k €	-51.9%	272,9 k €	+9.0%	250,4 k €	-65.1%	716,4 k €	+9.4%	655 k €	-6.4%	700,2 k €	+2.4%	683,9 k €	+43.7%	475,8 k €	+1.6%	468,3 k €	-71.7%	1,7 M €
Operating result	-56 k €	+77.8%	-252,8 k €	-431%	76,3 k €	-65.5%	221,2 k €	+132%	95,4 k €	-47.3%	181,1 k €	+866%	18,8 k €	-94.5%	340 k €	+106%	164,7 k €	+326%	38,7 k €	-81.2%	205,4 k €	+184%	72,4 k €	-53.5%	155,6 k €	-87.7%	1,3 M €
Net result	-43,9 k €	+84.0%	-274,4 k €	-967%	-25,7 k €	-119%	135 k €	+686%	17,2 k €	-62.8%	46,2 k €	+402%	-15,3 k €	-108%	202,5 k €	+180%	72,4 k €	+773%	8,3 k €	-92.6%	111,7 k €	+39.1%	80,3 k €	-22.1%	103,1 k €	-84.2%	652,4 k €
Balance sheet
Equity	2,3 M €	-1.9%	2,3 M €	-10.6%	2,6 M €	-1.0%	2,6 M €	+5.5%	2,5 M €	+0.7%	2,5 M €	+1.9%	2,4 M €	-0.6%	2,4 M €	+9.1%	2,2 M €	+3.4%	2,1 M €	+0.4%	2,1 M €	+5.5%	2 M €	+4.1%	1,9 M €	+5.6%	1,8 M €
Total assets	7,8 M €	+5.7%	7,3 M €	+12.4%	6,5 M €	+12.0%	5,8 M €	+22.7%	4,8 M €	+4.2%	4,6 M €	-21.5%	5,8 M €	+30.6%	4,5 M €	-4.4%	4,7 M €	+15.2%	4 M €	-17.4%	4,9 M €	+23.1%	4 M €	-7.1%	4,3 M €	-21.4%	5,4 M €
Cash	227,6 k €	+53.3%	148,5 k €	+87.0%	79,4 k €	-47.8%	152,2 k €	+268%	41,3 k €	-79.6%	203 k €	+37.0%	148,1 k €	+609%	20,9 k €	-84.8%	137,9 k €	+1761%	7,4 k €	-93.4%	111,8 k €	+48.9%	75,1 k €	-63.4%	205,1 k €	+58.8%	129,2 k €
Debts	5,5 M €	+9.2%	5 M €	+27.5%	4 M €	+22.4%	3,2 M €	+41.2%	2,3 M €	+8.5%	2,1 M €	-37.9%	3,4 M €	+70.5%	2 M €	-15.5%	2,4 M €	+25.5%	1,9 M €	-31.8%	2,8 M €	+43.2%	1,9 M €	-14.3%	2,2 M €	-35.7%	3,5 M €
Other
Workforce	25,7 ETP	-14.6%	30,1 ETP	-23.2%	39,2 ETP	+0.3%	39,1 ETP	+12.0%	34,9 ETP	+11.5%	31,3 ETP	-7.9%	34,0 ETP	-20.6%	42,8 ETP	-4.0%	44,6 ETP	0.0%	44,6 ETP	+9.6%	40,7 ETP	-0.7%	41,0 ETP	+22.4%	33,5 ETP	-7.7%	36,3 ETP

Governance

Board of directors

Seen on filing of 31/12/2020 · 2 active · 12 ended

Active mandates

VERMACHELEN Franky

Managing director · since 08 septembre 2021

Active

REPARAL

Director · since 30 juin 2017 · until 30 juin 2023 · 0453.510.533

Represented by André Audenaert

Active

Ended mandates

Audenaert Johan

Managing director · since 15 novembre 2019

Ended

Vanessa Duprez

Managing director · since 30 juin 2017 · until 30 juin 2023

Ended

Vanessa Duprez

Managing director · since 27 mars 2012 · until 14 juin 2017

Ended

Vanessa Duprez

Managing director · since 27 mars 2012

Ended

Annual accounts

Full financial information

	2020	2019	2018	2017	2016	2015
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2020	01/01/2019	01/01/2018	01/01/2017	01/01/2016	01/01/2015
Closing of the financial year	31/12/2020	31/12/2019	31/12/2018	31/12/2017	31/12/2016	31/12/2015
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/10/2021	25/03/2021	16/09/2019	28/05/2019	13/07/2018	27/12/2016
General meeting	27/10/2021	19/03/2021	06/09/2019	25/05/2019	04/07/2018	26/12/2016
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

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2020	27/10/2021	28/10/2021	Dutch	PDF
Abridged model	31/12/2019	19/03/2021	25/03/2021	Dutch	PDF
Abridged model	31/12/2018	06/09/2019	16/09/2019	Dutch	PDF
Abridged model	31/12/2017	25/05/2019	28/05/2019	Dutch	PDF
Abridged model	31/12/2016	04/07/2018	13/07/2018	Dutch	PDF
Abridged model	31/12/2015	26/12/2016	27/12/2016	Dutch	PDF
Abridged model	31/12/2014	31/07/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	31/07/2013	26/08/2013	Dutch	PDF
Abridged model	31/12/2011	27/08/2012	26/09/2012	Dutch	PDF
Abridged model	31/12/2010	08/06/2011	30/08/2011	Dutch	PDF
Abridged model	31/12/2009	09/06/2010	26/07/2010	Dutch	PDF
Abridged model	31/12/2008	10/06/2009	07/07/2009	Dutch	PDF
Abridged model	31/12/2007	11/06/2008	04/07/2008	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 31/12/2020 · 2 active · 12 ended

Active mandates

VERMACHELEN Franky

Managing director · since 08 septembre 2021

Active

REPARAL

Director · since 30 juin 2017 · until 30 juin 2023 · 0453.510.533

Represented by André Audenaert

Active

Ended mandates

Audenaert Johan

Managing director · since 15 novembre 2019

Ended

Vanessa Duprez

Managing director · since 30 juin 2017 · until 30 juin 2023

Ended

Vanessa Duprez

Managing director · since 27 mars 2012 · until 14 juin 2017

Ended

Vanessa Duprez

Managing director · since 27 mars 2012

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/10/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/10/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/11/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/07/2018
ONTSLAGEN - BENOEMINGEN
PDF
Other24/03/2014
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates16/11/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/04/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/09/2011
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

2020
Annual accounts 2020-43,9 k €↑
2019
Annual accounts 2019-274,4 k €↓
2018
Annual accounts 2018-25,7 k €↓
2017
Annual accounts 2017135 k €↑
2016
Annual accounts 201617,2 k €↓
2015
Annual accounts 201546,2 k €↑
2014
Annual accounts 2014-15,3 k €↓
2013
Annual accounts 2013202,5 k €↑
2012
Annual accounts 201272,4 k €↑
2011
Annual accounts 20118,3 k €↓
2010
Annual accounts 2010111,7 k €↑
2009
Annual accounts 200980,3 k €↓
2008
Annual accounts 2008103,1 k €↓
2007
Annual accounts 2007652,4 k €
21/12/1994
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

ALGROBO

Overview

What does ALGROBO do?

Trend over 14 financial years

Board of directors

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