OPENING OF BANKRUPTCY

Fred & Ginger Retail Belgium

Company — Opening of bankruptcy.

Financial year 2018 · Closed on 31/12/2018

Net result-804,5 k €+42,6 %over 1 year
Revenue5,1 M €-22,6 %over 1 year
Equity1,2 M €+6 634,5 %over 1 year
Workforce47,4 ETP-15,2 %over 1 year

Identity

Source · BCE/KBO

Fred & Ginger Retail Belgium is a Public limited company incorporated in 2014. Its main activity is: Retail sale of clothing in specialised stores. Its registered office is in Mechelen. It employs on average 47,4 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0567.640.535
Incorporation
31/10/2014
Legal form
Public limited company
Registered office
Bautersemstraat 68A
2800 Mechelen · FlandreSee on map
Latest accounts
31/12/2018
Average workforce
47,4 ETP
Signals
Healthy social debtsHigh revenue

Financials

Source · NBB, 4 filings

Trend over 3 financial years

201820172015
Income statement
Revenue5,1 M €6,7 M €7,3 M €
EBITDA-601,5 k €-1,1 M €28,9 k €
Operating result-768 k €-1,4 M €-248,3 k €
Net result-804,5 k €-1,4 M €-480,1 k €
Balance sheet
Equity1,2 M €-18 k €686,6 k €
Total assets12,5 M €12,2 M €11,8 M €
Cash344,2 k €471,6 k €410,3 k €
Debts11,4 M €12,2 M €11,1 M €
Other
Workforce47,4 ETP55,9 ETP45,7 ETP

Board of directors

Source · NBB, accounts to 31/12/2018

5 active · 6 ended

Active mandates

FIGURAD BEDRIJFSREVISOREN

Mandate · since 28 juin 2018 · until 27 septembre 2019 · 0423.109.644

Represented by Ann (A01494) Van Vlaenderen

Active
M.A.D. COLLECTIONS

Mandate · since 01 mars 2018 · until 23 juin 2020 · 0862.015.343

Represented by Emmanuel Bracke

Active
Dieter Penninckx

Director · since 31 octobre 2014 · until 23 juin 2020

Active
FNG GROUP

Director · since 31 octobre 2014 · until 23 juin 2020 · 0865.085.788

Represented by Emmanuel Bracke

Active
M.A.D. COLLECTIONS

Director · since 31 octobre 2014 · until 01 mars 2018 · 0862.015.343

Represented by Tine De Ryck

Active

Ended mandates

Dieter Penninckx

Mandate · since 31 octobre 2014 · until 23 juin 2020

Ended
Dieter Penninckx

Director · since 31 octobre 2014 · until 21 septembre 2020

Ended
FIGURAD BEDRIJFSREVISOREN

Mandate · since 31 octobre 2014 · until 26 juin 2018 · 0423.109.644

Represented by Ann (A01494) Van Vlaenderen

Ended
FNG GROUP

Director · since 31 octobre 2014 · until 21 septembre 2020 · 0865.085.788

Represented by Emmanuel Bracke

Ended

Other companies at this address

Bautersemstraat 68A 2800 Mechelen
CompanyCBE no.
Bas Vaerewyck● Active
0541.747.374
CKS RETAIL BELGIUM● Bankrupt
0822.594.147
0534.906.401
0506.971.488
0506.970.993
0655.955.867
0668.606.152
FNG GROUP● Bankrupt
0865.085.788
FNG INTERNATIONAL● Bankrupt
0502.923.917
FNG Roots● Bankrupt
0690.554.381
0711.670.687
NS DEVELOPMENT● Bankrupt
0418.951.215
PRISMAX● Active
0876.244.649
0630.773.875
THS Outlet● Bankrupt
0716.661.437
VAN HASSELS● Bankrupt
0865.310.967

Full financial information

Source · NBB
2018201720162015
Type of accountFull modelFull modelFull modelFull model
Start of the financial year01/01/201801/01/201701/04/201531/10/2014
Closing of the financial year31/12/201831/12/201731/12/201631/03/2015
Length of the financial year12 months12 months21 months6 months
Filing date30/09/201929/09/201829/12/201731/10/2015
General meeting27/09/201926/06/201830/11/201729/09/2015
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 model31/12/201827/09/201930/09/2019DutchPDF
Full model31/12/201726/06/201829/09/2018DutchPDF
Full model31/12/201630/11/201729/12/2017DutchPDF
Full model31/03/201529/09/201531/10/2015DutchPDF

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.

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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 31/12/2018

5 active · 6 ended

Active mandates

FIGURAD BEDRIJFSREVISOREN

Mandate · since 28 juin 2018 · until 27 septembre 2019 · 0423.109.644

Represented by Ann (A01494) Van Vlaenderen

Active
M.A.D. COLLECTIONS

Mandate · since 01 mars 2018 · until 23 juin 2020 · 0862.015.343

Represented by Emmanuel Bracke

Active
Dieter Penninckx

Director · since 31 octobre 2014 · until 23 juin 2020

Active
FNG GROUP

Director · since 31 octobre 2014 · until 23 juin 2020 · 0865.085.788

Represented by Emmanuel Bracke

Active
M.A.D. COLLECTIONS

Director · since 31 octobre 2014 · until 01 mars 2018 · 0862.015.343

Represented by Tine De Ryck

Active

Ended mandates

Dieter Penninckx

Mandate · since 31 octobre 2014 · until 23 juin 2020

Ended
Dieter Penninckx

Director · since 31 octobre 2014 · until 21 septembre 2020

Ended
FIGURAD BEDRIJFSREVISOREN

Mandate · since 31 octobre 2014 · until 26 juin 2018 · 0423.109.644

Represented by Ann (A01494) Van Vlaenderen

Ended
FNG GROUP

Director · since 31 octobre 2014 · until 21 septembre 2020 · 0865.085.788

Represented by Emmanuel Bracke

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates05/08/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other05/02/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates06/09/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares06/02/2019
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares23/01/2018
    KAPITAAL - AANDELEN
    PDF
  • Other20/04/2017
    DIVERSEN
    PDF

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

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Timeline

  1. 2018
    Annual accounts 2018-804,5 k €↑
  2. 2017
    Annual accounts 2017-1,4 M €↓
  3. 2015
    Annual accounts 2015-480,1 k €
  4. 31/10/2014
    IncorporationPublic limited company