OPENING OF BANKRUPTCY

Friendly Hotels Belgium

Company — Opening of bankruptcy.

Financial year 2007 · Closed on 31/12/2007

Net result-235,6 k €+39,7 %over 1 year
Gross margin447,3 k €+122,5 %over 1 year
Equity-3,6 M €-6,9 %over 1 year
Workforce10,0 ETP-3,8 %over 1 year

Identity

Source · BCE/KBO

Friendly Hotels Belgium is a Public limited company incorporated in 1998. Its registered office is in Saint-Josse-ten-Noode. It employs on average 10,0 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0465.053.137
Incorporation
31/12/1998
Legal form
Public limited company
Registered office
Rue des Croisades 2-4
1210 Saint-Josse-ten-Noode · BruxellesSee on map
Latest accounts
31/12/2007
Average workforce
10,0 ETP
Joint committees (1)
  • 302

Financials

Source · NBB, 2 filings

Trend over 2 financial years

20072006
Income statement
Gross margin447,3 k €201 k €
EBITDA-92,8 k €-252,2 k €
Operating result-158,4 k €-324 k €
Net result-235,6 k €-390,5 k €
Balance sheet
Equity-3,6 M €-3,4 M €
Total assets618,9 k €578,8 k €
Cash315,9 k €259,1 k €
Debts4,3 M €4 M €
Other
Workforce10,0 ETP10,4 ETP

Board of directors

Source · NBB, accounts to 31/12/2007

3 active · 3 ended

Active mandates

David Cook

Director

Active
Paul Mitchell

Director

Active
Peter CASHMAN

Managing director

Active

Ended mandates

David Cook

Director · since 13 janvier 2000

Ended
Paul Mitchell

Director · since 13 janvier 1999

Ended
Peter CASHMAN

Managing director · since 13 janvier 1999

Ended

Full financial information

Source · NBB
20072006
Type of accountAbridged modelAbridged model
Start of the financial year01/01/200701/01/2006
Closing of the financial year31/12/200731/12/2006
Length of the financial year12 months12 months
Filing date30/09/200828/09/2007
General meeting02/06/200804/06/2007
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 2 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/200702/06/200830/09/2008FrenchPDF
Abridged model31/12/200604/06/200728/09/2007FrenchPDF

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 31/12/2007

3 active · 3 ended

Active mandates

David Cook

Director

Active
Paul Mitchell

Director

Active
Peter CASHMAN

Managing director

Active

Ended mandates

David Cook

Director · since 13 janvier 2000

Ended
Paul Mitchell

Director · since 13 janvier 1999

Ended
Peter CASHMAN

Managing director · since 13 janvier 1999

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates04/10/2004
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2007
    Annual accounts 2007-235,6 k €↑
  2. 2006
    Annual accounts 2006-390,5 k €
  3. 31/12/1998
    IncorporationPublic limited company