OPENING OF BANKRUPTCY

CRES²

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Financial year 2021 · closed on 31/12/2021

Net result

-12,1 k €

-2122.9% YoY

Gross margin

-3 k €

-151.1% YoY

Equity

-161,8 k €

-19.0% YoY

Company — Opening of bankruptcy.

What does CRES² do?

CRES² is a Private company with limited liability incorporated in 2002. Its main activity is: Wholesale of electrical household appliances. Its registered office is in Antwerpen.

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0478.040.249

Incorporation

22/07/2002

Legal form

Private company with limited liability

Registered office

IJzerlaan 54-56
2060 Antwerpen · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2021

Activities (NACE)

46432Wholesale of electrical household appliances· main 46433Wholesale of electrical household appliances 51473Air transport

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-3 k €	-151%	5,9 k €	+193%	-6,3 k €	+29.1%	-8,9 k €	-159%	15 k €	+306%	-7,3 k €	-128%	26 k €	+141%	-64 k €	-33399%	-191 €	+95.2%	-4 k €	+83.4%	-24,2 k €	-169%	-9 k €	-7.0%	-8,4 k €	+18.9%	-10,4 k €	-638%	1,9 k €
EBITDA	-4,4 k €	-183%	5,4 k €	+177%	-6,9 k €	+30.3%	-9,9 k €	-171%	14,1 k €	+283%	-7,7 k €	-130%	25,5 k €	+131%	-83,3 k €	-10094%	-817 €	+82.6%	-4,7 k €	+81.1%	-24,9 k €	-162%	-9,5 k €	-5.1%	-9 k €	+22.9%	-11,7 k €	-770%	1,8 k €
Operating result	-4,4 k €	-183%	5,4 k €	+177%	-6,9 k €	+30.3%	-9,9 k €	-171%	14,1 k €	+283%	-7,7 k €	-130%	25,5 k €	+131%	-83,3 k €	-6864%	-1,2 k €	+90.3%	-12,4 k €	+63.3%	-33,8 k €	-83.8%	-18,4 k €	-0.2%	-18,3 k €	+11.3%	-20,7 k €	-19044%	-108 €
Net result	-12,1 k €	-2123%	597 €	+106%	-10,2 k €	+27.7%	-14,1 k €	-239%	10,2 k €	+196%	-10,6 k €	-148%	22 k €	+132%	-69,3 k €	-4482%	-1,5 k €	+88.1%	-12,7 k €	+62.8%	-34,1 k €	-83.6%	-18,6 k €	+16.1%	-22,1 k €	-29.5%	-17,1 k €	-473%	-3 k €
Balance sheet
Equity	-161,8 k €	-19.0%	-136 k €	+0.4%	-136,6 k €	-8.1%	-126,4 k €	-12.5%	-112,3 k €	+8.3%	-122,4 k €	-9.5%	-111,9 k €	+16.4%	-133,9 k €	-107%	-64,5 k €	-2.4%	-63 k €	-25.2%	-50,3 k €	-209%	-16,3 k €	-18601%	-87 €	-100%	22 k €	-43.7%	39,1 k €
Total assets	263,1 €	-98.2%	14,9 k €	+29.4%	11,5 k €	-60.7%	29,3 k €	+28.4%	22,8 k €	+646%	3,1 k €	-37.6%	4,9 k €	-9.5%	5,4 k €	-91.2%	61,3 k €	+85.7%	33 k €	+16.6%	28,3 k €	-31.9%	41,6 k €	-21.6%	53,1 k €	-26.7%	72,4 k €	+20.9%	59,9 k €
Cash	0,6 €		–		346,5 €	-21.2%	439,7 €		–		–		72 €	-97.2%	2,6 k €		–		–		–		1,8 k €	-57.1%	4,3 k €	-74.4%	16,8 k €	-45.1%	30,7 k €
Debts	162,1 k €	+7.4%	150,8 k €	+1.9%	148,1 k €	-4.9%	155,7 k €	+15.2%	135,1 k €	+7.6%	125,5 k €	+7.5%	116,8 k €	-16.2%	139,3 k €	+10.7%	125,8 k €	+31.0%	96 k €	+22.1%	78,7 k €	+35.9%	57,9 k €	+13.9%	50,8 k €	+3.3%	49,2 k €	+137%	20,7 k €

Governance

Board of directors

Seen on filing of 31/12/2021 · 3 active · 5 ended

Active mandates

Alain Van Der Brempt

Manager

Active

Eddy Govers

Manager

Active

Maurits Genang

Manager

Active

Ended mandates

Huberdina Den Hoedt

Manager

Ended

Hugo Vandenborre

Manager · until 18 avril 2014

Ended

Johannes Genang

Manager · until 01 avril 2010

Ended

Johannes Genang

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
B.A.T.● Active	0473.686.038
Collections Goossens● Active	0478.499.515
CRES CAPITAL● Active	0689.678.116
FASHION CLUB 70● Active	0413.656.894
FASHION CLUB AGENCY MANAGEMENT● Active	0471.585.690
Fashion Club Immo Management● Active	0607.934.632
Fashion Club Immo Projects● Active	0543.382.122
FC Groep● Active	0818.237.857
GELATO GIULIANO● Active	0762.430.490
Liu Jo Benelux● Active	0695.861.667
MCG● Active	0749.639.358
MOENS● Active	0447.038.158
PYTHAGORAS PARTICIPATIONS● Bankrupt	0464.090.758
TABU● Active	0476.568.720
URBAN PROJECTS● Active	0473.605.369
Y54● Active	0459.735.557

Annual accounts

Full financial information

	2021	2019	2018	2017	2016	2015
Type of account	Micro model	Micro model	Micro model	Micro model	Abridged model	Abridged model
Start of the financial year	01/01/2021	01/01/2019	01/01/2018	01/01/2017	01/01/2016	01/01/2015
Closing of the financial year	31/12/2021	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	02/06/2022	09/07/2020	29/08/2019	20/09/2018	28/08/2017	27/09/2016
General meeting	21/05/2022	16/05/2020	18/05/2019	22/06/2018	20/05/2017	21/05/2016
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

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2021	21/05/2022	02/06/2022	Dutch	PDF
Micro model	31/12/2019	16/05/2020	09/07/2020	Dutch	PDF
Micro model	31/12/2018	18/05/2019	29/08/2019	Dutch	PDF
Micro model	31/12/2017	22/06/2018	20/09/2018	Dutch	PDF
Abridged model	31/12/2016	20/05/2017	28/08/2017	Dutch	PDF
Abridged model	31/12/2015	21/05/2016	27/09/2016	Dutch	PDF
Abridged model	31/12/2014	17/05/2015	28/08/2015	Dutch	PDF
Abridged model	31/12/2013	17/05/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	18/04/2013	28/08/2013	Dutch	PDF
Abridged model	31/12/2011	19/05/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	21/05/2011	10/08/2011	Dutch	PDF
Abridged model	31/12/2009	15/05/2010	06/08/2010	Dutch	PDF
Abridged model	31/12/2008	17/05/2009	06/08/2009	Dutch	PDF
Abridged model	31/12/2007	17/05/2008	29/08/2008	Dutch	PDF
Abridged model	31/12/2006	19/05/2007	10/08/2007	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 31/12/2021 · 3 active · 5 ended

Active mandates

Alain Van Der Brempt

Manager

Active

Eddy Govers

Manager

Active

Maurits Genang

Manager

Active

Ended mandates

Huberdina Den Hoedt

Manager

Ended

Hugo Vandenborre

Manager · until 18 avril 2014

Ended

Johannes Genang

Manager · until 01 avril 2010

Ended

Johannes Genang

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/10/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/05/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/07/2014
ONTSLAGEN - BENOEMINGEN
PDF
Registered office07/05/2013
BENAMING - MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates22/04/2010
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

2021
Annual accounts 2021-12,1 k €↓
2019
Annual accounts 2019597 €↑
2018
Annual accounts 2018-10,2 k €↑
2017
Annual accounts 2017-14,1 k €↓
2016
Annual accounts 201610,2 k €↑
2015
Annual accounts 2015-10,6 k €↓
2014
Annual accounts 201422 k €↑
2013
Annual accounts 2013-69,3 k €↓
2012
Annual accounts 2012-1,5 k €↑
2012
Name changeCRES²
2011
Annual accounts 2011-12,7 k €↑
2010
Annual accounts 2010-34,1 k €↓
2009
Annual accounts 2009-18,6 k €↑
2008
Annual accounts 2008-22,1 k €↓
2007
Annual accounts 2007-17,1 k €↓
2006
Annual accounts 2006-3 k €
2006
Name changeGENANG SALES SUPPORT
22/07/2002
IncorporationPrivate company with limited liability

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

CRES²

Overview

What does CRES² do?

Trend over 15 financial years

Board of directors

Other companies at this address

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