OPENING OF BANKRUPTCY

Geets&Verrept, online media agency

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Company — Opening of bankruptcy.

Financial year 2019 · Closed on 30/06/2019

Net result98,8 k €-22,8 %over 1 year
Gross margin694,6 k €+39,5 %over 1 year
Equity333,9 k €+42,0 %over 1 year

Identity

Source · BCE/KBO

Geets&Verrept, online media agency is a Private limited company incorporated in 2015. Its main activity is: Web portals. Its registered office is in Mechelen.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0568.653.491
Incorporation
13/01/2015
Legal form
Private limited company
Registered office
Schaliënhoevedreef 20 box F
2800 Mechelen · FlandreSee on map
Latest accounts
30/06/2019
Joint committees (1)
  • 200
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 4 filings

Trend over 4 financial years

2019201820172016
Income statement
Gross margin694,6 k €497,8 k €269 k €45,9 k €
EBITDA202,2 k €232,9 k €157,8 k €20,1 k €
Operating result186,9 k €218 k €146,7 k €15,8 k €
Net result98,8 k €128 k €79,6 k €8,9 k €
Balance sheet
Equity333,9 k €235,1 k €107,1 k €15,1 k €
Total assets999,9 k €585,3 k €296,6 k €74,1 k €
Cash34,1 k €3,4 k €66,8 k €17,9 k €
Debts666 k €350,2 k €189,5 k €59 k €
Other
Workforce––2,3 ETP1,0 ETP

Board of directors

Source · NBB, accounts to 30/06/2019

1 active · 1 ended

Active mandates

DirectorFunctionMandate
GEETS KEVIN JEAN
Manager

Ended mandates

DirectorFunctionMandate
Kevin Geets
Manager

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Full financial information

Source · NBB
2019201820172016
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/201801/07/201701/07/201612/01/2015
Closing of the financial year30/06/201930/06/201830/06/201730/06/2016
Length of the financial year12 months12 months12 months18 months
Filing date02/01/202004/01/201931/01/201817/01/2017
General meeting02/12/201904/12/201804/12/201705/12/2016
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
Abridged model30/06/201902/12/201902/01/2020DutchPDF
Abridged model30/06/201804/12/201804/01/2019DutchPDF
Abridged model30/06/201704/12/201731/01/2018DutchPDF
Abridged model30/06/201605/12/201617/01/2017DutchPDF

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 30/06/2019

1 active · 1 ended

Active mandates

DirectorFunctionMandate
GEETS KEVIN JEAN
Manager

Ended mandates

DirectorFunctionMandate
Kevin Geets
Manager

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office03/02/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates09/12/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office23/06/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office15/12/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office13/02/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other15/01/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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. 2019
    Annual accounts 201998,8 k €↓
  2. 2018
    Annual accounts 2018128 k €↑
  3. 2017
    Annual accounts 201779,6 k €↑
  4. 2016
    Annual accounts 20168,9 k €
  5. 13/01/2015
    IncorporationPrivate limited company