OPENING OF BANKRUPTCY

Early Birds Art Group

Company — Opening of bankruptcy.

Financial year 2023 · Closed on 31/12/2023

Net result-89,2 k €-1 287,3 %over 1 year
Gross margin-49,4 k €-196,9 %over 1 year
Equity280,3 €-99,0 %over 1 year
Workforce0,4 ETP-55,6 %over 1 year

Identity

Source · BCE/KBO

Early Birds Art Group is a Private limited company incorporated in 2021. Its main activity is: Retail sale of second-hand goods in stores. Its registered office is in Knokke-Heist. It employs on average 0,4 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0764.351.387
Incorporation
25/02/2021
Legal form
Private limited company
Registered office
Zeedijk-Het Zoute 713
8300 Knokke-Heist · FlandreSee on map
Contributed capital
80 000,00 €
Latest accounts
31/12/2023
Average workforce
0,4 ETP
Joint committees (1)
  • 200
Signals
Good liquidityHealthy social debts

Financials

Source · NBB, 3 filings

Trend over 3 financial years

202320222021
Income statement
Gross margin-49,4 k €50,9 k €58,7 k €
EBITDA-69,6 k €10,9 k €47,6 k €
Operating result-85,8 k €-2,8 k €42 k €
Net result-89,2 k €-6,4 k €37,5 k €
Balance sheet
Equity280,3 €29,5 k €35,9 k €
Total assets153,6 k €134 k €92,1 k €
Cash74,2 k €52,7 k €38,4 k €
Debts153,3 k €104,5 k €56,2 k €
Other
Workforce0,4 ETP0,9 ETP–

Board of directors

Source · NBB, accounts to 31/12/2023

1 active · 2 ended

Active mandates

Francis Dedrie

Director · since 25 février 2021

Active

Ended mandates

Francis Dedrie

Director

Ended
Mark Dedrie

Director

Ended

Other companies at this address

Zeedijk-Het Zoute 713 8300 Knokke-Heist
CompanyCBE no.
Dedrie gallery● Active
1027.945.622

Full financial information

Source · NBB
202320222021
Type of accountAbridged modelAbridged modelMicro model
Start of the financial year01/01/202301/01/202225/02/2021
Closing of the financial year31/12/202331/12/202231/12/2021
Length of the financial year12 months12 months11 months
Filing date26/07/202420/07/202303/06/2022
General meeting03/06/202401/06/202301/06/2022
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 3 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202303/06/202426/07/2024DutchPDF
Abridged model31/12/202201/06/202320/07/2023DutchPDF
Micro model31/12/202101/06/202203/06/2022DutchPDF

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 31/12/2023

1 active · 2 ended

Active mandates

Francis Dedrie

Director · since 25 février 2021

Active

Ended mandates

Francis Dedrie

Director

Ended
Mark Dedrie

Director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office18/07/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other28/04/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Mandates06/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other01/03/2021
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

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

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Timeline

  1. 2023
    Annual accounts 2023-89,2 k €↓
  2. 2022
    Annual accounts 2022-6,4 k €↓
  3. 2022
    Name changeEARLY BIRDS ART GROUP
  4. 2021
    Annual accounts 202137,5 k €
  5. 25/02/2021
    IncorporationPrivate limited company
  6. 2021
    Name changeEarly Birds Arts