OPENING OF BANKRUPTCY

Choice co-op

Company — Opening of bankruptcy.

Financial year 2021 · Closed on 31/12/2021

Net result-19,1 k €-19,0 %over 1 year
Gross margin-17,7 k €-41,2 %over 1 year
Equity6,7 M €-15,5 %over 1 year

Identity

Source · BCE/KBO

Choice co-op is a Cooperative company with limited liability incorporated in 2019. Its registered office is in Leuven.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0721.493.126
Incorporation
22/02/2019
Legal form
Cooperative company with limited liability
Registered office
Tiensesteenweg 346
3000 Leuven · FlandreSee on map
Contributed capital
3 222 206,20 €
Latest accounts
31/12/2021
Signals
Solid equity

Financials

Source · NBB, 3 filings

Trend over 3 financial years

202120202019
Income statement
Gross margin-17,7 k €-12,5 k €7,7 k €
EBITDA-19,1 k €-13,7 k €6,6 k €
Operating result-19,1 k €-13,7 k €6,6 k €
Net result-19,1 k €-16 k €4,1 k €
Balance sheet
Equity6,7 M €7,9 M €2,2 M €
Total assets6,7 M €7,9 M €2,2 M €
Cash1,4 k €811,2 €15,8 k €
Debts33,1 k €27,1 k €4,9 k €

Board of directors

Source · NBB, accounts to 31/12/2021

2 active

Active mandates

Bart Van Coppenolle

Director · since 22 février 2019 · until 22 février 2025

Active
Philip Vandormael

Managing director · since 22 février 2019 · until 22 février 2025

Active

Other companies at this address

Tiensesteenweg 346 3000 Leuven
CompanyCBE no.
0463.847.664

Full financial information

Source · NBB
202120202019
Type of accountMicro modelMicro modelMicro model
Start of the financial year01/01/202101/01/202022/02/2019
Closing of the financial year31/12/202131/12/202031/12/2019
Length of the financial year12 months12 months11 months
Filing date17/10/202219/08/202101/07/2020
General meeting27/09/202222/06/202123/06/2020
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for 7 days

Annual accounts filings

Source · NBB, 3 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202127/09/202217/10/2022DutchPDF
Micro model31/12/202022/06/202119/08/2021DutchPDF
Micro model31/12/201923/06/202001/07/2020DutchPDF

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.

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.

Board of directors

Source · NBB, accounts to 31/12/2021

2 active

Active mandates

Bart Van Coppenolle

Director · since 22 février 2019 · until 22 février 2025

Active
Philip Vandormael

Managing director · since 22 février 2019 · until 22 février 2025

Active

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office27/03/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares12/11/2020
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other26/02/2019
    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. 2021
    Annual accounts 2021-19,1 k €↓
  2. 2020
    Annual accounts 2020-16 k €↓
  3. 2019
    Annual accounts 20194,1 k €
  4. 22/02/2019
    IncorporationCooperative company with limited liability