OPENING OF BANKRUPTCY

EXPRESSO BELGIUM

Company — Opening of bankruptcy.

Financial year 2018 · Closed on 31/12/2018

Net result-733,8 k €+50,9 %over 1 year
Revenue3,3 M €-11,8 %over 1 year
Equity-475,4 k €-39,2 %over 1 year
Workforce16,7 ETP-14,4 %over 1 year

Identity

Source · BCE/KBO

EXPRESSO BELGIUM is a Private limited company incorporated in 2014. Its registered office is in Mechelen. It employs on average 16,7 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0549.921.209
Incorporation
02/04/2014
Legal form
Private limited company
Registered office
Bautersemstraat 68 box A
2800 Mechelen · FlandreSee on map
Latest accounts
31/12/2018
Average workforce
16,7 ETP
Signals
Healthy social debtsHigh revenue

Financials

Source · NBB, 4 filings

Trend over 4 financial years

2018201720162015
Income statement
Revenue3,3 M €3,7 M €6,9 M €4 M €
EBITDA-622,6 k €-1,4 M €-970,7 k €157,1 k €
Operating result-658,9 k €-1,4 M €-1,1 M €117,4 k €
Net result-733,8 k €-1,5 M €-1,3 M €26,1 k €
Balance sheet
Equity-475,4 k €-341,6 k €-1,2 M €49,8 k €
Total assets1,2 M €1,1 M €1,3 M €1,6 M €
Cash150,1 k €255,1 k €82,8 k €230,4 k €
Debts1,6 M €1,4 M €2,6 M €1,6 M €
Other
Workforce16,7 ETP19,5 ETP20,4 ETP7,1 ETP

Board of directors

Source · NBB, accounts to 31/12/2018

3 active · 3 ended

Active mandates

FNG Beheer BE BV

Manager · since 10 janvier 2019

Represented by Dieter Penninckx

Active
Dieter Penninckx

Manager · since 28 mars 2014 · until 10 janvier 2019

Active
Michiel Riemens

Manager · since 28 mars 2014 · until 10 janvier 2019

Active

Ended mandates

Dieter Penninckx

Manager · since 25 septembre 2014

Ended
Dieter Penninckx

Manager · since 28 mars 2014

Ended
Michiel Riemens

Manager · since 28 mars 2014

Ended

Other companies at this address

Bautersemstraat 68 2800 Mechelen
CompanyCBE no.
0715.421.025
0721.878.552
BTWE Springbok● Active
0712.766.886
CKS TZ● Bankrupt
0676.979.034
0464.828.948
FNG Holding● Bankrupt
0685.425.259
0656.578.449
FNG SH● Bankrupt
0689.943.182
PRODESS● Active
0449.782.763
PRO MEMORIE● Active
0454.052.545
PROTIME● Active
0454.218.138
0716.830.295
Springbok● Active
0825.381.710
Springbok Group● Active
0745.681.362
1023.186.583
SUITCASE● Bankrupt
0537.604.979

Full financial information

Source · NBB
2018201720162015
Type of accountFull modelFull modelFull modelFull model
Start of the financial year01/01/201801/01/201701/04/201528/03/2014
Closing of the financial year31/12/201831/12/201731/12/201631/03/2015
Length of the financial year12 months12 months21 months13 months
Filing date21/11/201919/12/201820/12/201730/10/2015
General meeting24/10/201928/09/201812/12/201729/09/2015
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 4 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/201824/10/201921/11/2019DutchPDF
Full model31/12/201728/09/201819/12/2018DutchPDF
Full model31/12/201612/12/201720/12/2017DutchPDF
Full model31/03/201529/09/201530/10/2015DutchPDF

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 31/12/2018

3 active · 3 ended

Active mandates

FNG Beheer BE BV

Manager · since 10 janvier 2019

Represented by Dieter Penninckx

Active
Dieter Penninckx

Manager · since 28 mars 2014 · until 10 janvier 2019

Active
Michiel Riemens

Manager · since 28 mars 2014 · until 10 janvier 2019

Active

Ended mandates

Dieter Penninckx

Manager · since 25 septembre 2014

Ended
Dieter Penninckx

Manager · since 28 mars 2014

Ended
Michiel Riemens

Manager · since 28 mars 2014

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates31/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other05/02/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates18/02/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares07/02/2019
    KAPITAAL - AANDELEN
    PDF
  • Other02/03/2018
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares22/01/2018
    KAPITAAL - AANDELEN
    PDF

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 2018-733,8 k €↑
  2. 2017
    Annual accounts 2017-1,5 M €↓
  3. 2016
    Annual accounts 2016-1,3 M €↓
  4. 2015
    Annual accounts 201526,1 k €
  5. 02/04/2014
    IncorporationPrivate limited company