OPENING OF BANKRUPTCY

SEA SIDE BUSINESS

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Company — Opening of bankruptcy.

Financial year 2017 · Closed on 31/03/2017

Net result28,9 k €-60,3 %over 1 year
Gross margin304,5 k €-6,1 %over 1 year
Equity362,8 k €+8,7 %over 1 year
Workforce6,0 ETP+15,4 %over 1 year

Identity

Source · BCE/KBO

SEA SIDE BUSINESS is a Public limited company incorporated in 2002. Its main activity is: Camping grounds, recreational vehicle parks and trailer parks. Its registered office is in Zedelgem. It employs on average 6,0 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0479.031.629
Incorporation
27/12/2002
Legal form
Public limited company
Registered office
Torhoutsesteenweg 277
8210 Zedelgem · FlandreSee on map
Latest accounts
31/03/2017
Average workforce
6,0 ETP
Joint committees (1)
  • 302
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 11 filings

Trend over 11 financial years

20172016201520142013
Income statement
Gross margin304,5 k €324,1 k €236,4 k €214 k €216,1 k €
EBITDA67,8 k €100,5 k €42,4 k €30,5 k €-22,7 k €
Operating result63,8 k €93,5 k €26,1 k €9,6 k €-54,4 k €
Net result28,9 k €72,8 k €15,8 k €-4,7 k €-77 k €
Balance sheet
Equity362,8 k €333,9 k €261,1 k €245,4 k €250,1 k €
Total assets1,1 M €1,2 M €983,7 k €955,4 k €984,1 k €
Cash12,9 k €15,1 k €18,8 k €14 k €3,8 k €
Debts723,9 k €848,3 k €722,6 k €710,1 k €734 k €
Other
Workforce6,0 ETP5,2 ETP5,3 ETP5,6 ETP7,8 ETP

Board of directors

Source · NBB, accounts to 31/03/2017

3 active · 1 ended

Active mandates

Cyriel Folens

Managing director

Active
Lutgarde Tavernier

Director

Active
Rudi Decoster

Director

Active

Ended mandates

Lutgarde Tavernier

Managing director

Ended

Other companies at this address

Torhoutsesteenweg 277 8210 Zedelgem
CompanyCBE no.
Elektro Pacco● Active
0692.650.868
SITA● Bankrupt
0421.704.431

Full financial information

Source · NBB
201720162015201420132012
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/201601/04/201501/04/201401/04/201301/04/201201/04/2011
Closing of the financial year31/03/201731/03/201631/03/201531/03/201431/03/201331/03/2012
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date16/04/201805/10/201630/09/201506/10/201431/10/201326/10/2012
General meeting06/04/201819/08/201621/08/201516/08/201416/08/201317/08/2012
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 11 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/201706/04/201816/04/2018DutchPDF
Abridged model31/03/201619/08/201605/10/2016DutchPDF
Abridged model31/03/201521/08/201530/09/2015DutchPDF
Abridged model31/03/201416/08/201406/10/2014DutchPDF
Abridged model31/03/201316/08/201331/10/2013DutchPDF
Abridged model31/03/201217/08/201226/10/2012DutchPDF
Abridged model31/03/201119/08/201131/10/2011DutchPDF
Abridged model31/03/201020/08/201028/10/2010DutchPDF
Abridged model31/03/200921/08/200930/10/2009DutchPDF
Abridged model31/03/200816/08/200821/11/2008DutchPDF
Abridged model31/03/200717/08/200726/09/2007DutchPDF

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 31/03/2017

3 active · 1 ended

Active mandates

Cyriel Folens

Managing director

Active
Lutgarde Tavernier

Director

Active
Rudi Decoster

Director

Active

Ended mandates

Lutgarde Tavernier

Managing director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates05/02/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/12/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/08/2003
    ONTSLAGEN - BENOEMINGEN - BENAMING - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other08/01/2003
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

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Timeline

  1. 2017
    Annual accounts 201728,9 k €↓
  2. 2016
    Annual accounts 201672,8 k €↑
  3. 2015
    Annual accounts 201515,8 k €↑
  4. 2014
    Annual accounts 2014-4,7 k €↑
  5. 2013
    Annual accounts 2013-77 k €↓
  6. 2012
    Annual accounts 20125,7 k €↓
  7. 2011
    Annual accounts 201172,3 k €↑
  8. 2010
    Annual accounts 2010-9,9 k €↓
  9. 2009
    Annual accounts 2009-8,1 k €↑
  10. 2008
    Annual accounts 2008-38,5 k €↓
  11. 2007
    Annual accounts 2007-25,2 k €
  12. 27/12/2002
    IncorporationPublic limited company