OPENING OF BANKRUPTCY

Blue Zones

Financial year 2021 · closed on 31/12/2021
Net result
-9,8 M €
-998.9% YoY
Revenue
142,9 k €
Equity
30,3 M €
-24.5% YoY

Company — Opening of bankruptcy.

What does Blue Zones do?

Blue Zones is a Public limited company incorporated in 2016. Its registered office is in Oud-Turnhout.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0659.722.041
Incorporation
15/07/2016
Legal form
Public limited company
Registered office
Steenweg op Turnhout 106
2360 Oud-Turnhout · FlandreSee on map
Contributed capital
41 000 000,00 €
Latest accounts
31/12/2021
Signals
Solid equityPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20212020201920182017
Income statement
Revenue142,9 k €
EBITDA21,6 k €30,9 k €50 k €23 k €7,3 k €
Operating result14,6 k €23,9 k €43,1 k €20 k €4,6 k €
Net result-9,8 M €-894,2 k €10,2 k €1,5 k €3,8 k €
Balance sheet
Equity30,3 M €40,1 M €41 M €41 M €41 M €
Total assets51,2 M €84,1 M €83,2 M €73,9 M €41,1 M €
Cash775,7 €4,4 k €2,2 M €842,5 k €159,2 €
Debts20,7 M €43,9 M €42,1 M €32,8 M €116,8 k €
Governance

Board of directors

Seen on filing of 31/12/2021 · 2 active · 3 ended

Active mandates

Dirk DE BAETS

Director · since 15 juillet 2016 · until 30 juin 2022

Active
Jozef Robrechts

Chairman of the board of directors · since 15 juillet 2016 · until 30 juin 2022

Active

Ended mandates

Dirk De Baets

Managing director · since 15 juillet 2016 · until 15 juillet 2022

Ended
Dirk DE BAETS

Director · since 15 juillet 2016 · until 15 juillet 2022

Ended
Jozef Robrechts

Chairman of the board of directors · since 15 juillet 2016 · until 15 juillet 2022

Ended
At this address

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Annual accounts

Full financial information

20212020201920182017
Type of accountFull modelConsolidated accountsFull modelAbridged modelAbridged model
Start of the financial year01/01/202101/01/202001/01/201901/01/201815/07/2016
Closing of the financial year31/12/202131/12/202031/12/201931/12/201831/12/2017
Length of the financial year12 months12 months12 months12 months18 months
Filing date12/09/202230/12/202127/06/202004/07/201925/06/2018
General meeting30/06/202201/01/999928/05/202011/06/201915/05/2018
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full modelCorrection31/12/202130/06/202212/09/2022DutchPDF
Full model31/12/202130/06/202226/07/2022DutchPDF
Full model31/12/202018/05/202107/06/2021DutchPDF
Consolidated accounts31/12/202001/01/999930/12/2021DutchPDF
Full model31/12/201928/05/202027/06/2020DutchPDF
Abridged model31/12/201811/06/201904/07/2019DutchPDF
Abridged model31/12/201715/05/201825/06/2018DutchPDF
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 · 2 active · 3 ended

Active mandates

Dirk DE BAETS

Director · since 15 juillet 2016 · until 30 juin 2022

Active
Jozef Robrechts

Chairman of the board of directors · since 15 juillet 2016 · until 30 juin 2022

Active

Ended mandates

Dirk De Baets

Managing director · since 15 juillet 2016 · until 15 juillet 2022

Ended
Dirk DE BAETS

Director · since 15 juillet 2016 · until 15 juillet 2022

Ended
Jozef Robrechts

Chairman of the board of directors · since 15 juillet 2016 · until 15 juillet 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other14/08/2023
    DIVERSEN
    PDF
  • Other09/08/2023
    DIVERSEN
    PDF
  • Mandates01/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/05/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other11/04/2023
    DIVERSEN
    PDF
  • Mandates12/01/2023
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring25/11/2022
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates13/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

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Timeline

  1. 10/07/2023
    nominationK. CALUWAERTS — voorlopig bewindvoerder
  2. 10/07/2023
    reorganisation_judiciaireK. CALUWAERTS — curateur
  3. 22/03/2023
    reorganisation_judiciaireKristiaan Caluwaerts — curateur
  4. 2021
    Annual accounts 2021-9,8 M €
  5. 2020
    Annual accounts 2020-894,2 k €
  6. 2019
    Annual accounts 201910,2 k €
  7. 2018
    Annual accounts 20181,5 k €
  8. 2017
    Annual accounts 20173,8 k €
  9. 15/07/2016
    IncorporationPublic limited company