OPENING OF BANKRUPTCY

LORECO

Financial year 2015 · closed on 31/12/2015
Net result
-178,4 k €
-39.7% YoY
Gross margin
359,1 k €
-10.4% YoY
Equity
-497,3 k €
-55.9% YoY
Workforce
13,2 ETP
-5.0% YoY

Company — Opening of bankruptcy.

What does LORECO do?

LORECO is a Private company with limited liability incorporated in 1997. Its main activity is: Retail sale in non-specialised stores with food, beverages or tobacco predominating. Its registered office is in Saint-Ghislain. It employs on average 13,2 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0460.971.120
Incorporation
30/06/1997
Legal form
Private company with limited liability
Registered office
Rue de Tournai(T) SN
7333 Saint-Ghislain · WallonieSee on map
Latest accounts
31/12/2015
Average workforce
13,2 ETP
Joint committees (2)
  • 119
  • 201
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2015201420132012201120102009200820072006
Income statement
Gross margin359,1 k €400,8 k €466,9 k €592,6 k €543,4 k €535,6 k €568,1 k €531,9 k €366,6 k €498,4 k €
EBITDA-54,5 k €-24,7 k €22,2 k €150,5 k €109,7 k €106,4 k €143,4 k €107,6 k €-43,4 k €60 k €
Operating result-87,7 k €-58,6 k €-27,9 k €82,1 k €31,9 k €30,1 k €68,6 k €35,4 k €-91,3 k €12,8 k €
Net result-178,4 k €-127,7 k €-119,4 k €21,2 k €-2,8 k €-26,2 k €15,4 k €-17,2 k €-119,3 k €-5 k €
Balance sheet
Equity-497,3 k €-318,9 k €-191,2 k €-71,8 k €-93 k €-90,2 k €-63,9 k €-79,4 k €-62,1 k €57,2 k €
Total assets674,5 k €800,8 k €762,3 k €824,5 k €872,6 k €997,8 k €1 M €1,1 M €614,4 k €696,2 k €
Cash50,9 k €80,2 k €157,5 k €105,8 k €98,4 k €139,6 k €171 k €102,7 k €126,3 k €121,2 k €
Debts1,1 M €1,1 M €951 k €894,1 k €960 k €1,1 M €1,1 M €1,2 M €672,9 k €635,6 k €
Other
Workforce13,2 ETP13,9 ETP13,9 ETP14,2 ETP13,9 ETP14,6 ETP15,5 ETP15,5 ETP13,2 ETP14,2 ETP
Governance

Board of directors

Seen on filing of 31/12/2015 · 1 active

Active mandates

ANTONINO MURATORE

Manager

Active
Annual accounts

Full financial information

201520142013201220112010
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/201501/01/201401/01/201301/01/201201/01/201101/01/2010
Closing of the financial year31/12/201531/12/201431/12/201331/12/201231/12/201131/12/2010
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/09/201603/08/201516/06/201415/07/201331/07/201230/08/2011
General meeting01/09/201616/07/201512/05/201411/06/201327/06/201223/05/2011
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 modelCorrection31/12/201501/09/201629/09/2016FrenchPDF
Abridged model31/12/201508/08/201630/08/2016FrenchPDF
Abridged model31/12/201416/07/201503/08/2015FrenchPDF
Abridged model31/12/201312/05/201416/06/2014FrenchPDF
Abridged model31/12/201211/06/201315/07/2013FrenchPDF
Abridged model31/12/201127/06/201231/07/2012FrenchPDF
Abridged model31/12/201023/05/201130/08/2011FrenchPDF
Abridged model31/12/200930/06/201030/08/2010FrenchPDF
Abridged model31/12/200801/06/200928/08/2009FrenchPDF
Abridged model31/12/200704/06/200802/09/2008FrenchPDF
Abridged model31/12/200614/05/200730/08/2007FrenchPDF
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 31/12/2015 · 1 active

Active mandates

ANTONINO MURATORE

Manager

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Court decision20/10/2017
    RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...)
    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. 2015
    Annual accounts 2015-178,4 k €
  2. 2014
    Annual accounts 2014-127,7 k €
  3. 2013
    Annual accounts 2013-119,4 k €
  4. 2012
    Annual accounts 201221,2 k €
  5. 2011
    Annual accounts 2011-2,8 k €
  6. 2010
    Annual accounts 2010-26,2 k €
  7. 2009
    Annual accounts 200915,4 k €
  8. 2008
    Annual accounts 2008-17,2 k €
  9. 2007
    Annual accounts 2007-119,3 k €
  10. 2006
    Annual accounts 2006-5 k €
  11. 30/06/1997
    IncorporationPrivate company with limited liability