OPENING OF BANKRUPTCY

PROJECT 11

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Financial year 2019 · closed on 30/06/2019
Net result
579 €
+104.9% YoY
Gross margin
11,4 k €
-43.4% YoY
Equity
15,5 k €
+3.9% YoY

Company — Opening of bankruptcy.

What does PROJECT 11 do?

PROJECT 11 is a Private company with limited liability incorporated in 2015. Its main activity is: Restaurants and mobile food service activities. Its registered office is in Kortrijk.

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0599.777.922
Incorporation
27/02/2015
Legal form
Private company with limited liability
Registered office
Beheerstraat(Kor) 1
8500 Kortrijk · FlandreSee on map
Latest accounts
30/06/2021
Activities (NACE)
56101Restaurants and mobile food service activities· main56111Restaurants and mobile food service activities
Joint committees (1)
  • 302
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2019201820172016
Income statement
Gross margin11,4 k €20,2 k €16,4 k €21,7 k €
EBITDA10,1 k €-2,1 k €4,8 k €20,6 k €
Operating result1,3 k €-10 k €-3,2 k €10,7 k €
Net result579 €-11,9 k €-4,3 k €6 k €
Balance sheet
Equity15,5 k €14,9 k €26,8 k €31 k €
Total assets36,4 k €50,8 k €71,9 k €75,8 k €
Cash7,2 k €12,4 k €25 k €17,8 k €
Debts20,9 k €35,9 k €45,1 k €44,8 k €
Governance

Board of directors

Seen on filing of 30/06/2021 · 1 active · 4 ended

Active mandates

Sofie Hugelier

Manager · since 24 février 2015

Active

Ended mandates

Mike Maelfait

Manager · since 01 juillet 2019

Ended
Marc Verduyn

Manager · since 24 février 2015

Ended
Marc Verduyn

Manager · until 27 février 2017

Ended
Sofie Hugelier

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
HS Tacos● Active
1036.744.314
Annual accounts

Full financial information

202120202019201820172016
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelAbridged model
Start of the financial year01/07/202001/07/201901/07/201801/07/201701/07/201627/02/2015
Closing of the financial year30/06/202130/06/202030/06/201930/06/201830/06/201730/06/2016
Length of the financial year12 months12 months12 months12 months12 months17 months
Filing date27/01/202201/02/202115/01/202030/01/201931/01/201823/12/2016
General meeting06/11/202107/11/202002/11/201928/12/201819/12/201721/12/2016
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202106/11/202127/01/2022DutchPDF
Abridged model30/06/202007/11/202001/02/2021DutchPDF
Abridged model30/06/201902/11/201915/01/2020DutchPDF
Micro model30/06/201828/12/201830/01/2019DutchPDF
Micro model30/06/201719/12/201731/01/2018DutchPDF
Abridged model30/06/201621/12/201623/12/2016DutchPDF
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 30/06/2021 · 1 active · 4 ended

Active mandates

Sofie Hugelier

Manager · since 24 février 2015

Active

Ended mandates

Mike Maelfait

Manager · since 01 juillet 2019

Ended
Marc Verduyn

Manager · since 24 février 2015

Ended
Marc Verduyn

Manager · until 27 février 2017

Ended
Sofie Hugelier

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution19/01/2023
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
    PDF
  • Mandates16/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office02/07/2021
    MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
    PDF
  • Mandates30/10/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/05/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other03/03/2015
    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. 2019
    Annual accounts 2019579 €↑
  2. 2018
    Annual accounts 2018-11,9 k €↓
  3. 2017
    Annual accounts 2017-4,3 k €↓
  4. 2016
    Annual accounts 20166 k €
  5. 27/02/2015
    IncorporationPrivate company with limited liability