OPENING OF BANKRUPTCY

Michelle & co

Financial year 2021 · closed on 30/09/2021
Net result
3,2 k €
+146.9% YoY
Gross margin
22,3 k €
+20.5% YoY
Equity
-11,3 k €
+22.1% YoY

Company — Opening of bankruptcy.

What does Michelle & co do?

Michelle & co is a Private company with limited liability incorporated in 2008. Its main activity is: Hairdressing and other beauty treatment. Its registered office is in Ingelmunster.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0806.900.933
Incorporation
29/09/2008
Legal form
Private company with limited liability
Registered office
Jacob van Maerlantstraat 8
8770 Ingelmunster · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
30/09/2021
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2021202020192018201720162015201420132012201120102009
Income statement
Gross margin22,3 k €18,5 k €17,3 k €15,7 k €21,7 k €9,2 k €24,4 k €15,4 k €18,7 k €2,3 k €-128 €4,7 k €-2,1 k €
EBITDA15,8 k €11,3 k €12,5 k €13,7 k €20,2 k €7,4 k €22,5 k €13,6 k €17,8 k €1,8 k €-2,2 k €3,8 k €-3,3 k €
Operating result3,2 k €-1,9 k €-1,5 k €-322,8 €7,7 k €-1,5 k €13,8 k €5,8 k €12,4 k €-3,3 k €-7,3 k €3,3 k €-3,6 k €
Net result3,2 k €-6,8 k €-8 k €-3,3 k €819,9 €-8,1 k €4,3 k €-1,7 k €7,9 k €-4,1 k €-9,3 k €991 €-5,9 k €
Balance sheet
Equity-11,3 k €-14,5 k €-7,6 k €349,5 €3,6 k €2,8 k €-1,5 k €-5,8 k €-4,1 k €-12 k €-8 k €1,3 k €315,6 €
Total assets33,1 k €45,7 k €60,7 k €70,5 k €84,3 k €75,4 k €54,6 k €44,2 k €25 k €21,7 k €24,7 k €11,1 k €8,8 k €
Cash1,5 k €676,2 €658,6 €394,5 €27,3 €470,4 €2,2 k €1 €896 €
Debts44,3 k €60,1 k €68,3 k €70,1 k €80,7 k €72,7 k €56,1 k €50 k €29,1 k €33,7 k €32,7 k €9,8 k €8,5 k €
Governance

Board of directors

Seen on filing of 30/09/2021 · 2 active · 7 ended

Active mandates

Bart Duyck

Director · since 01 janvier 2017

Active
Cinthy Bruneel

Director · since 29 septembre 2008

Active

Ended mandates

Bart Duyck

Manager · since 01 janvier 2017

Ended
Cinthy Bruneel

Administrator - manager · since 29 septembre 2008

Ended
Cinthy Bruneel

Manager · since 29 septembre 2008

Ended
Cinthy Bruyneel

Manager · since 29 septembre 2008

Ended
Annual accounts

Full financial information

202120202019201820172016
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelAbridged model
Start of the financial year01/10/202001/10/201901/10/201801/10/201701/10/201601/10/2015
Closing of the financial year30/09/202130/09/202030/09/201930/09/201830/09/201730/09/2016
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date11/02/202205/02/202129/01/202024/01/201924/01/201808/03/2017
General meeting05/02/202230/01/202104/01/202005/01/201909/12/201710/02/2017
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202105/02/202211/02/2022DutchPDF
Micro model30/09/202030/01/202105/02/2021DutchPDF
Micro model30/09/201904/01/202029/01/2020DutchPDF
Micro model30/09/201805/01/201924/01/2019DutchPDF
Micro model30/09/201709/12/201724/01/2018DutchPDF
Abridged model30/09/201610/02/201708/03/2017DutchPDF
Abridged model30/09/201512/12/201516/02/2016DutchPDF
Abridged model30/09/201416/02/201523/03/2015DutchPDF
Abridged model30/09/201314/03/201402/04/2014DutchPDF
Abridged model30/09/201231/01/201327/02/2013DutchPDF
Abridged model30/09/201110/12/201110/01/2012DutchPDF
Abridged model30/09/201011/12/201010/01/2011DutchPDF
Abridged model30/09/200912/12/200923/02/2010DutchPDF
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 30/09/2021 · 2 active · 7 ended

Active mandates

Bart Duyck

Director · since 01 janvier 2017

Active
Cinthy Bruneel

Director · since 29 septembre 2008

Active

Ended mandates

Bart Duyck

Manager · since 01 janvier 2017

Ended
Cinthy Bruneel

Administrator - manager · since 29 septembre 2008

Ended
Cinthy Bruneel

Manager · since 29 septembre 2008

Ended
Cinthy Bruyneel

Manager · since 29 septembre 2008

Ended
Shareholders

Ownership and network

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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 20213,2 k €
  2. 2020
    Annual accounts 2020-6,8 k €
  3. 2019
    Annual accounts 2019-8 k €
  4. 2018
    Annual accounts 2018-3,3 k €
  5. 2017
    Annual accounts 2017819,9 €
  6. 2016
    Annual accounts 2016-8,1 k €
  7. 2015
    Annual accounts 20154,3 k €
  8. 2014
    Annual accounts 2014-1,7 k €
  9. 2013
    Annual accounts 20137,9 k €
  10. 2012
    Annual accounts 2012-4,1 k €
  11. 2011
    Annual accounts 2011-9,3 k €
  12. 2010
    Annual accounts 2010991 €
  13. 2009
    Annual accounts 2009-5,9 k €
  14. 29/09/2008
    IncorporationPrivate company with limited liability