OPENING OF BANKRUPTCY

Treasury of Merit distribution

Company — Opening of bankruptcy.

Financial year 2024 · Closed on 30/06/2024

Net result-8,8 k €+45,7 %over 1 year
Gross margin1,8 k €+135,5 %over 1 year
Equity-72,7 k €-13,9 %over 1 year

Identity

Source · BCE/KBO

Treasury of Merit distribution is a Private company with limited liability incorporated in 2018. Its main activity is: Retail sale of watches and jewellery in specialised stores. Its registered office is in Antwerpen.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0713.581.686
Incorporation
15/11/2018
Legal form
Private company with limited liability
Registered office
Kaasstraat 17 box 1
2000 Antwerpen · FlandreSee on map
Contributed capital
41 000,00 €
Latest accounts
30/06/2024
Signals
Positive cashflowPositive EBITDA

Financials

Source · NBB, 5 filings

Trend over 5 financial years

20242023202220212020
Income statement
Gross margin1,8 k €-5 k €-2,8 k €-20,9 k €-21,9 k €
EBITDA1,3 k €-5,4 k €-5,4 k €-21,4 k €-23,6 k €
Operating result-8,1 k €-15,5 k €-15,5 k €-31,5 k €-39,7 k €
Net result-8,8 k €-16,3 k €-16,3 k €-32,3 k €-40 k €
Balance sheet
Equity-72,7 k €-63,8 k €-47,6 k €-31,3 k €1 k €
Total assets65,1 k €74,4 k €88,3 k €95,8 k €114,4 k €
Cash822,6 €987,4 €183,8 €98,6 €5,1 k €
Debts137,7 k €138,2 k €134,3 k €118 k €113,4 k €

Board of directors

Source · NBB, accounts to 30/06/2024

1 active

Active mandates

Rosalie Bogaard

Director

Active

Full financial information

Source · NBB
20242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/07/202301/07/202201/07/202101/07/202015/11/2018
Closing of the financial year30/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months20 months
Filing date30/09/202520/12/202321/11/202222/11/202112/11/2020
General meeting26/09/202530/10/202331/10/202225/10/202126/10/2020
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 5 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202426/09/202530/09/2025DutchPDF
Micro model30/06/202330/10/202320/12/2023DutchPDF
Micro model30/06/202231/10/202221/11/2022DutchPDF
Micro model30/06/202125/10/202122/11/2021DutchPDF
Micro model30/06/202026/10/202012/11/2020DutchPDF

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 30/06/2024

1 active

Active mandates

Rosalie Bogaard

Director

Active

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other19/11/2018
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024-8,8 k €↑
  2. 2023
    Annual accounts 2023-16,3 k €↑
  3. 2022
    Annual accounts 2022-16,3 k €↑
  4. 2021
    Annual accounts 2021-32,3 k €↑
  5. 2020
    Annual accounts 2020-40 k €
  6. 15/11/2018
    IncorporationPrivate company with limited liability