OPENING OF BANKRUPTCY

De Schutter' Neroc

Financial year 2021 · closed on 31/12/2021
Net result
640,2 k €
+93.7% YoY
Revenue
6,7 M €
-35.4% YoY
Equity
-329,6 k €
+66.0% YoY
Workforce
71,6 ETP
-18.9% YoY

Company — Opening of bankruptcy.

What does De Schutter' Neroc do?

De Schutter' Neroc is a Public limited company incorporated in 2015. Its main activity is: Advertising agencies. Its registered office is in Antwerpen. It employs on average 71,6 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0634.933.789
Incorporation
10/08/2015
Legal form
Public limited company
Registered office
Blancefloerlaan 179 A
2050 Antwerpen · FlandreSee on map
Contributed capital
1 344 417,50 €
Latest accounts
31/12/2021
Average workforce
71,6 ETP
Joint committees (2)
  • 130
  • 200
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2021202020192018201720162015
Income statement
Revenue6,7 M €10,4 M €10,9 M €11,3 M €10,1 M €10,6 M €10,4 M €
EBITDA744,5 k €480,7 k €-402 k €-1,2 M €475,6 k €34,8 k €-69,6 k €
Operating result678,8 k €383,4 k €-481,9 k €-1,2 M €466,2 k €209,4 k €-389,7 k €
Net result640,2 k €330,5 k €-788,6 k €-1,4 M €285,1 k €-6 k €-686,9 k €
Balance sheet
Equity-329,6 k €-969,8 k €-1,3 M €-511,7 k €936,6 k €651,5 k €657,5 k €
Total assets2,5 M €2,8 M €4 M €5,8 M €7,5 M €7,5 M €7,8 M €
Cash55,9 k €76,8 k €127,4 k €82,7 k €161,9 k €170,1 k €193,3 k €
Debts2,7 M €3,5 M €5,1 M €6,2 M €6,2 M €6,4 M €6,7 M €
Other
Workforce71,6 ETP88,3 ETP101,3 ETP100,5 ETP98,5 ETP103,0 ETP98,7 ETP
Governance

Board of directors

Seen on filing of 31/12/2021 · 3 active · 6 ended

Active mandates

IGUAZU beheer

Director · since 29 juin 2021 · until 30 juin 2028 · 0521.864.651

Represented by Erik de Cloe

Active
EVE MANAGEMENT EN BEHEER BV

Director · since 06 mai 2021 · until 21 juin 2022

Represented by Ewout van Egmond

Active
Demeestere Beheer

Director · since 06 août 2015 · until 29 juin 2021 · 0813.236.122

Represented by Wim Demeestere

Active

Ended mandates

IGUAZU beheer

Director · since 29 juin 2021 · until 04 mai 2028 · 0521.864.651

Represented by Erik de Cloe

Ended
EVE MANAGEMENT EN BEHEER BV

Director · since 09 octobre 2018 · until 06 mai 2021

Represented by Ewout van Egmond

Ended
EVE MANAGEMENT EN BEHEER BV

Director · since 09 octobre 2018 · until 04 mai 2028

Represented by Ewout van Egmond

Ended
Demeestere Beheer

Director · since 06 août 2015 · until 06 mai 2021 · 0813.236.122

Represented by Wim Demeestere

Ended
Annual accounts

Full financial information

202120202019201820172016
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202101/01/202001/01/201901/01/201801/01/201701/01/2016
Closing of the financial year31/12/202131/12/202031/12/201931/12/201831/12/201731/12/2016
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date20/07/202229/07/202113/11/202025/02/202012/10/201808/11/2017
General meeting21/06/202230/06/202123/10/202024/02/202009/10/201811/10/2017
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202121/06/202220/07/2022DutchPDF
Full model31/12/202030/06/202129/07/2021DutchPDF
Full model31/12/201923/10/202013/11/2020DutchPDF
Full model31/12/201824/02/202025/02/2020DutchPDF
Full model31/12/201709/10/201812/10/2018DutchPDF
Full model31/12/201611/10/201708/11/2017DutchPDF
Full model31/12/201512/09/201614/09/2016DutchPDF
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 31/12/2021 · 3 active · 6 ended

Active mandates

IGUAZU beheer

Director · since 29 juin 2021 · until 30 juin 2028 · 0521.864.651

Represented by Erik de Cloe

Active
EVE MANAGEMENT EN BEHEER BV

Director · since 06 mai 2021 · until 21 juin 2022

Represented by Ewout van Egmond

Active
Demeestere Beheer

Director · since 06 août 2015 · until 29 juin 2021 · 0813.236.122

Represented by Wim Demeestere

Active

Ended mandates

IGUAZU beheer

Director · since 29 juin 2021 · until 04 mai 2028 · 0521.864.651

Represented by Erik de Cloe

Ended
EVE MANAGEMENT EN BEHEER BV

Director · since 09 octobre 2018 · until 06 mai 2021

Represented by Ewout van Egmond

Ended
EVE MANAGEMENT EN BEHEER BV

Director · since 09 octobre 2018 · until 04 mai 2028

Represented by Ewout van Egmond

Ended
Demeestere Beheer

Director · since 06 août 2015 · until 06 mai 2021 · 0813.236.122

Represented by Wim Demeestere

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates01/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/06/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other19/08/2015
    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. 2021
    Annual accounts 2021640,2 k €
  2. 2020
    Annual accounts 2020330,5 k €
  3. 2019
    Annual accounts 2019-788,6 k €
  4. 2018
    Annual accounts 2018-1,4 M €
  5. 2017
    Annual accounts 2017285,1 k €
  6. 2016
    Annual accounts 2016-6 k €
  7. 2015
    Annual accounts 2015-686,9 k €
  8. 10/08/2015
    IncorporationPublic limited company