OPENING OF BANKRUPTCY

CRES²

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Company — Opening of bankruptcy.

Financial year 2021 · Closed on 31/12/2021

Net result-12,1 k €-2 122,9 %over 1 year

Gross margin-3 k €-151,1 %over 1 year

Equity-161,8 k €-19,0 %over 1 year

Identity

Source · BCE/KBO

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

Financials

Source · NBB, 15 filings

Trend over 15 financial years

	2021		2019		2018		2017		2016
Income statement
Gross margin	-3 k €	-151%	5,9 k €	+193%	-6,3 k €	+29.1%	-8,9 k €	-159%	15 k €
EBITDA	-4,4 k €	-183%	5,4 k €	+177%	-6,9 k €	+30.3%	-9,9 k €	-171%	14,1 k €
Operating result	-4,4 k €	-183%	5,4 k €	+177%	-6,9 k €	+30.3%	-9,9 k €	-171%	14,1 k €
Net result	-12,1 k €	-2123%	597 €	+106%	-10,2 k €	+27.7%	-14,1 k €	-239%	10,2 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 €
Total assets	263,1 €	-98.2%	14,9 k €	+29.4%	11,5 k €	-60.7%	29,3 k €	+28.4%	22,8 k €
Cash	0,6 €		–		346,5 €	-21.2%	439,7 €		–
Debts	162,1 k €	+7.4%	150,8 k €	+1.9%	148,1 k €	-4.9%	155,7 k €	+15.2%	135,1 k €

Board of directors

Source · NBB, accounts to 31/12/2021

3 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Alain Van Der Brempt	Manager
Eddy Govers	Manager
Maurits Genang	Manager

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Huberdina Den Hoedt	Manager2012 accounts
Hugo Vandenborre	Manager2013 accounts
Johannes Genang	Manager2009 accounts

Other companies at this address

IJzerlaan 54-56 2060 Antwerpen

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

Full financial information

Source · NBB

	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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 15 filings

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

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.

Board of directors

Source · NBB, accounts to 31/12/2021

3 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Alain Van Der Brempt	Manager
Eddy Govers	Manager
Maurits Genang	Manager

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Huberdina Den Hoedt	Manager2012 accounts
Hugo Vandenborre	Manager2013 accounts
Johannes Genang	Manager2009 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates27/10/2021
Ontslag zaakvoerders
PDF
Mandates30/06/2021
Ontslag zaakvoerder .
PDF
Mandates23/06/2021
Ontslag zaakvoerder |
PDF
Mandates15/05/2017
Ontslag - Benoeming
PDF
Mandates31/07/2014
Ontslag zaakvoerder
PDF
Other07/05/2013
STATUTENWIJZIGING
PDF
Mandates22/04/2010
ONTSLAGEN - BENOEMINGEN
PDF

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

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Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings15 filings

Mandates

Eddy Govers

Alain Van Der Brempt

Maurits Genang

Johannes Genang

Paul Lauwereins

Hugo Vandenborre

Huberdina Den Hoedt

2002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

CRES²GENANG SALES SUPPORT

IJzerlaan 54-56, 2060 Antwerp-2060

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
IJzerlaan 54-56, 2060 Antwerp-2060Current	accounts 2021	Accounts 2021 · 2022-20047765

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
CRES²Current	accounts 2012 → 2021	Accounts 2021 · 2022-20047765
GENANG SALES SUPPORT	accounts 2006 → 2011	Accounts 2011 · 2012-51500319

Events

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 €
22/07/2002
IncorporationPrivate company with limited liability

CRES²

Overview

Identity

Financials

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

Timeline

Registered offices

Company names

Events