OPENING OF BANKRUPTCY

FALCO

Financial year 2016 · closed on 31/12/2016
Net result
11 k €
+12.7% YoY
Gross margin
123,3 k €
+2.1% YoY
Equity
113,9 k €
+10.7% YoY
Workforce
2,7 ETP
-15.6% YoY

Company — Opening of bankruptcy.

What does FALCO do?

FALCO is a Private company with limited liability incorporated in 1996. Its main activity is: Retail sale of newspapers and stationery in specialised stores. Its registered office is in Antwerpen. It employs on average 2,7 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0457.220.782
Incorporation
05/02/1996
Legal form
Private company with limited liability
Registered office
Breydelstraat 13
2018 Antwerpen · FlandreSee on map
Latest accounts
31/12/2016
Average workforce
2,7 ETP
Joint committees (1)
  • 304
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

201620152014201320122011201020092008
Income statement
Gross margin123,3 k €120,8 k €119,8 k €111,2 k €99,7 k €82,9 k €85,3 k €113,9 k €111,5 k €
EBITDA51,8 k €46,4 k €48,1 k €38,1 k €24 k €30,2 k €32 k €24,9 k €-8,8 k €
Operating result17,3 k €15,8 k €18,3 k €14,5 k €13,2 k €20,9 k €24,6 k €18,4 k €-13,8 k €
Net result11 k €9,7 k €11,6 k €493 €132,3 k €16,4 k €15,4 k €11,2 k €-44 k €
Balance sheet
Equity113,9 k €102,9 k €93,2 k €81,6 k €81,1 k €-51,2 k €-67,6 k €-83,1 k €-94,3 k €
Total assets213,5 k €176,7 k €162,5 k €158,2 k €174,3 k €91,6 k €58,6 k €54,9 k €46,9 k €
Cash24,9 k €25,4 k €20,7 k €27,9 k €18,3 k €16,5 k €6,1 k €8,6 k €4,9 k €
Debts96,8 k €73,8 k €69,3 k €76,7 k €93,2 k €140,2 k €123,6 k €132,8 k €136,2 k €
Other
Workforce2,7 ETP3,2 ETP2,7 ETP2,7 ETP3,0 ETP2,4 ETP1,7 ETP3,6 ETP5,1 ETP
Governance

Board of directors

Seen on filing of 31/12/2016 · 1 active

Active mandates

Eric Adriaenssens

Manager

Active
Annual accounts

Full financial information

201620152014201320122011
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/201601/01/201501/01/201401/01/201301/01/201201/01/2011
Closing of the financial year31/12/201631/12/201531/12/201431/12/201331/12/201231/12/2011
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date03/07/201715/06/201603/07/201523/06/201406/06/201304/06/2012
General meeting02/06/201703/06/201605/06/201506/06/201401/06/201302/06/2012
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/201602/06/201703/07/2017DutchPDF
Abridged model31/12/201503/06/201615/06/2016DutchPDF
Abridged model31/12/201405/06/201503/07/2015DutchPDF
Abridged model31/12/201306/06/201423/06/2014DutchPDF
Abridged model31/12/201201/06/201306/06/2013DutchPDF
Abridged model31/12/201102/06/201204/06/2012DutchPDF
Abridged model31/12/201003/06/201107/06/2011DutchPDF
Abridged model31/12/200904/06/201018/06/2010DutchPDF
Abridged model31/12/200826/06/200914/07/2009DutchPDF
Abridged model31/12/200706/06/200809/07/2008DutchPDF
Abridged model31/12/200601/06/200710/10/2007DutchPDF
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 31/12/2016 · 1 active

Active mandates

Eric Adriaenssens

Manager

Active
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2016
    Annual accounts 201611 k €
  2. 2015
    Annual accounts 20159,7 k €
  3. 2014
    Annual accounts 201411,6 k €
  4. 2013
    Annual accounts 2013493 €
  5. 2012
    Annual accounts 2012132,3 k €
  6. 2011
    Annual accounts 201116,4 k €
  7. 2010
    Annual accounts 201015,4 k €
  8. 2009
    Annual accounts 200911,2 k €
  9. 2008
    Annual accounts 2008-44 k €
  10. 05/02/1996
    IncorporationPrivate company with limited liability