OPENING OF BANKRUPTCY

FORMAT C COMMUNICATIONS

Financial year 2024 · closed on 31/03/2024
Net result
-36,3 k €
+59.3% YoY
Gross margin
130,8 k €
+75.9% YoY
Equity
182,5 k €
-16.6% YoY
Workforce
2,0 ETP
0.0% YoY

Company — Opening of bankruptcy.

What does FORMAT C COMMUNICATIONS do?

FORMAT C COMMUNICATIONS is a Private limited company incorporated in 1997. Its registered office is in Antwerpen. It employs on average 2,0 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0461.292.012
Incorporation
12/08/1997
Legal form
Private limited company
Registered office
Weggestraat 13
2170 Antwerpen · FlandreSee on map
Contributed capital
25 000,00 €
Latest accounts
31/03/2024
Average workforce
2,0 ETP
Joint committees (4)
  • 14901
  • 200
  • 20000
  • 218
Contacts
4 public details availableLog in to view
Signals
Solid equityGood liquidityHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2024202320222010200920082007
Income statement
Gross margin130,8 k €74,3 k €258,2 k €498 k €454,4 k €487,8 k €464,4 k €
EBITDA-14,8 k €-72,4 k €114,9 k €183,9 k €133,7 k €179,1 k €216,4 k €
Operating result-26,4 k €-87,9 k €98,5 k €96,2 k €37 k €113,5 k €129,6 k €
Net result-36,3 k €-89,3 k €83,8 k €-5 k €-9,7 k €87,9 k €99,4 k €
Balance sheet
Equity182,5 k €218,9 k €308,1 k €451,1 k €456,1 k €465,8 k €377,9 k €
Total assets484,1 k €523,9 k €628,6 k €904,7 k €1 M €1,1 M €1 M €
Cash3,8 k €2,1 k €12,9 k €64,4 k €147 k €150 k €155,1 k €
Debts301,2 k €305,1 k €320,5 k €453,6 k €554,4 k €596,9 k €659,6 k €
Other
Workforce2,0 ETP2,0 ETP2,6 ETP7,0 ETP6,0 ETP6,0 ETP6,0 ETP
Governance

Board of directors

Seen on filing of 31/03/2024 · 2 active · 12 ended

Active mandates

Raymondus Peeters

Director · since 31 août 2021

Active
Roger Bouman

Director · since 31 août 2021

Active

Ended mandates

Raymondus Peeters

Director · since 17 février 1999 · until 31 août 2021

Ended
Raymondus Peeters

Director · since 17 février 1999

Ended
Raymondus Peeters

Manager · since 17 février 1999

Ended
Jacobus Marynes

Director · since 08 août 1997 · until 31 août 2021

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202301/04/202201/04/202101/04/202001/04/201901/04/2018
Closing of the financial year31/03/202431/03/202331/03/202231/03/202131/03/202031/03/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/09/202426/10/202304/11/202229/10/202115/12/202025/10/2019
General meeting14/08/202430/09/202331/10/202206/10/202104/11/202030/09/2019
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202414/08/202424/09/2024DutchPDF
Abridged model31/03/202330/09/202326/10/2023DutchPDF
Abridged model31/03/202231/10/202204/11/2022DutchPDF
Abridged model31/03/202106/10/202129/10/2021DutchPDF
Abridged model31/03/202004/11/202015/12/2020DutchPDF
Abridged model31/03/201930/09/201925/10/2019DutchPDF
Abridged model31/03/201827/08/201806/09/2018DutchPDF
Abridged model31/03/201720/09/201731/10/2017DutchPDF
Abridged model31/03/201609/09/201616/09/2016DutchPDF
Abridged model31/03/201505/08/201507/08/2015DutchPDF
Abridged model31/03/201431/07/201412/08/2014DutchPDF
Abridged model31/03/201302/08/201308/08/2013DutchPDF
Abridged model31/03/201217/10/201225/10/2012DutchPDF
Abridged model31/03/201128/11/201130/11/2011DutchPDF
Abridged model31/03/201014/09/201007/12/2010DutchPDF
Abridged model31/03/200914/09/200909/11/2009DutchPDF
Abridged model31/03/200823/10/200811/12/2008DutchPDF
Abridged model31/03/200718/10/200725/02/2008DutchPDF
Abridged model31/03/200606/10/200628/02/2007DutchPDF
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 31/03/2024 · 2 active · 12 ended

Active mandates

Raymondus Peeters

Director · since 31 août 2021

Active
Roger Bouman

Director · since 31 août 2021

Active

Ended mandates

Raymondus Peeters

Director · since 17 février 1999 · until 31 août 2021

Ended
Raymondus Peeters

Director · since 17 février 1999

Ended
Raymondus Peeters

Manager · since 17 février 1999

Ended
Jacobus Marynes

Director · since 08 août 1997 · until 31 août 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/09/2021
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Other04/04/2005
    BOEKJAAR
    PDF
  • Registered office06/11/2003
    MAATSCHAPPELIJKE ZETEL
    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. 2024
    Annual accounts 2024-36,3 k €
  2. 2023
    Annual accounts 2023-89,3 k €
  3. 2022
    Annual accounts 202283,8 k €
  4. 2010
    Annual accounts 2010-5 k €
  5. 2009
    Annual accounts 2009-9,7 k €
  6. 2008
    Annual accounts 200887,9 k €
  7. 2007
    Annual accounts 200799,4 k €
  8. 12/08/1997
    IncorporationPrivate limited company