OPENING OF BANKRUPTCY

FRANK21

Financial year 2018 · closed on 31/12/2018
Net result
-3,8 k €
-705.4% YoY
Gross margin
40,2 k €
+13.6% YoY
Equity
21,6 k €
-15.0% YoY

Company — Opening of bankruptcy.

What does FRANK21 do?

FRANK21 is a Private company with limited liability incorporated in 2013. Its registered office is in Antwerpen.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0534.446.739
Incorporation
08/05/2013
Legal form
Private company with limited liability
Registered office
Korte Herentalsestraat 17
2018 Antwerpen · FlandreSee on map
Latest accounts
31/12/2018
Signals
Positive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20182017201620152014
Income statement
Gross margin40,2 k €35,4 k €41,9 k €42,9 k €62 k €
EBITDA20,2 k €30,7 k €37,1 k €38,1 k €56,6 k €
Operating result3,2 k €8 k €14,5 k €15,5 k €20,8 k €
Net result-3,8 k €630 €3 k €2,4 k €839 €
Balance sheet
Equity21,6 k €25,5 k €24,8 k €21,9 k €19,4 k €
Total assets416,5 k €429,9 k €455,2 k €476,2 k €504,1 k €
Cash3,6 k €15,1 €2,7 k €1 k €4,6 k €
Debts372,1 k €397,6 k €430,3 k €454,3 k €484,6 k €
Governance

Board of directors

Seen on filing of 31/12/2018 · 3 active · 3 ended

Active mandates

David Damen

Manager

Active
Reisel Markovits

Manager

Active
Robert Fränkel

Manager

Active

Ended mandates

David Damen

Manager · since 14 mai 2013

Ended
Reisel Markovits

Manager · since 14 mai 2013

Ended
Robert Fränkel

Manager · since 14 mai 2013

Ended
Annual accounts

Full financial information

20182017201620152014
Type of accountAbridged modelAbridged modelMicro modelAbridged modelAbridged model
Start of the financial year01/01/201801/01/201701/01/201601/01/201514/05/2013
Closing of the financial year31/12/201831/12/201731/12/201631/12/201531/12/2014
Length of the financial year12 months12 months12 months12 months20 months
Filing date08/07/201931/07/201831/08/201731/08/201624/06/2015
General meeting03/06/201904/06/201806/06/201706/06/201601/06/2015
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/201803/06/201908/07/2019DutchPDF
Abridged model31/12/201704/06/201831/07/2018DutchPDF
Micro model31/12/201606/06/201731/08/2017DutchPDF
Abridged model31/12/201506/06/201631/08/2016DutchPDF
Abridged model31/12/201401/06/201524/06/2015DutchPDF
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 31/12/2018 · 3 active · 3 ended

Active mandates

David Damen

Manager

Active
Reisel Markovits

Manager

Active
Robert Fränkel

Manager

Active

Ended mandates

David Damen

Manager · since 14 mai 2013

Ended
Reisel Markovits

Manager · since 14 mai 2013

Ended
Robert Fränkel

Manager · since 14 mai 2013

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/06/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office06/01/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other24/05/2013
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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. 2018
    Annual accounts 2018-3,8 k €
  2. 2017
    Annual accounts 2017630 €
  3. 2016
    Annual accounts 20163 k €
  4. 2015
    Annual accounts 20152,4 k €
  5. 2014
    Annual accounts 2014839 €
  6. 08/05/2013
    IncorporationPrivate company with limited liability