OPENING OF BANKRUPTCY

Land Development Cooperative

Company — Opening of bankruptcy.

Financial year 2016 · Closed on 31/12/2016

Net result-1,8 M €-323,7 %over 1 year
Gross margin-15,3 k €+74,8 %over 1 year
Equity-1,8 M €-13 582,6 %over 1 year

Identity

Source · BCE/KBO

Land Development Cooperative is a Cooperative company with limited liability incorporated in 2009. Its registered office is in Zwevegem.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0810.542.787
Incorporation
19/03/2009
Legal form
Cooperative company with limited liability
Registered office
Keiberg(H) 14
8551 Zwevegem · FlandreSee on map
Latest accounts
31/12/2016

Financials

Source · NBB, 7 filings

Trend over 7 financial years

20162015201420132012
Income statement
Gross margin-15,3 k €-60,6 k €47,5 k €-343,2 k €-129 k €
EBITDA-37 k €-72,8 k €26,7 k €-366,1 k €-133,2 k €
Operating result-271,8 k €-307,6 k €-374,2 k €-845,6 k €-143 k €
Net result-1,8 M €-433,5 k €-185 k €-904,3 k €-115,3 k €
Balance sheet
Equity-1,8 M €13,5 k €447 k €632 k €2 M €
Total assets1,1 M €3 M €4,5 M €5 M €5,3 M €
Cash120,5 €4,8 k €7,9 k €78,8 k €29,3 k €
Debts2,9 M €3 M €4 M €4,3 M €3,3 M €

Board of directors

Source · NBB, accounts to 31/12/2016

2 active · 19 ended

Active mandates

Ruboco BVBA

Managing director · since 30 juin 2016 · until 30 juin 2022 · 0473.305.065

Represented by Filip De Schaepmeester

Active
MBT-Invest

Managing director · since 03 décembre 2013 · until 30 juin 2019 · 0428.495.421

Represented by Luc Bertrem

Active

Ended mandates

MBT-Invest

Managing director · since 02 décembre 2014 · until 28 juin 2019 · 0428.495.421

Represented by Luc Bertrem

Ended
MBT-Invest

Managing director · since 03 décembre 2013 · until 30 juin 2019 · 0428.495.421

Represented by Luc Bertrem

Ended
MBT-HOLDING

Managing director · since 01 décembre 2012 · until 02 décembre 2013 · 0879.299.357

Represented by Luc Bertrem

Ended
MBT-HOLDING

Managing director · since 01 décembre 2012 · until 28 juin 2018 · 0879.299.357

Represented by Luc Bertrem

Ended

Other companies at this address

Keiberg(H) 14 8551 Zwevegem
CompanyCBE no.
BATISCO● Bankrupt
0434.245.145
0449.463.653
Residentie 22● Liquidation
0721.532.223

Full financial information

Source · NBB
201620152014201320122011
Type of accountMicro modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/201601/01/201501/01/201401/01/201301/01/201201/01/2011
Closing of the financial year31/12/201631/12/201531/12/201431/12/201331/12/201231/12/2011
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/10/201730/08/201609/10/201524/10/201422/08/201324/08/2012
General meeting29/06/201730/06/201630/09/201513/10/201427/06/201326/06/2012
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 7 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/201629/06/201730/10/2017DutchPDF
Abridged model31/12/201530/06/201630/08/2016DutchPDF
Abridged model31/12/201430/09/201509/10/2015DutchPDF
Abridged model31/12/201313/10/201424/10/2014DutchPDF
Abridged model31/12/201227/06/201322/08/2013DutchPDF
Abridged model31/12/201126/06/201224/08/2012DutchPDF
Abridged model31/12/201030/06/201119/07/2011DutchPDF

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 31/12/2016

2 active · 19 ended

Active mandates

Ruboco BVBA

Managing director · since 30 juin 2016 · until 30 juin 2022 · 0473.305.065

Represented by Filip De Schaepmeester

Active
MBT-Invest

Managing director · since 03 décembre 2013 · until 30 juin 2019 · 0428.495.421

Represented by Luc Bertrem

Active

Ended mandates

MBT-Invest

Managing director · since 02 décembre 2014 · until 28 juin 2019 · 0428.495.421

Represented by Luc Bertrem

Ended
MBT-Invest

Managing director · since 03 décembre 2013 · until 30 juin 2019 · 0428.495.421

Represented by Luc Bertrem

Ended
MBT-HOLDING

Managing director · since 01 décembre 2012 · until 02 décembre 2013 · 0879.299.357

Represented by Luc Bertrem

Ended
MBT-HOLDING

Managing director · since 01 décembre 2012 · until 28 juin 2018 · 0879.299.357

Represented by Luc Bertrem

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates11/01/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other12/09/2017
    DIVERSEN
    PDF
  • Mandates29/09/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/05/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/01/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring02/08/2013
    DOEL - KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring28/05/2013
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates19/02/2013
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2016
    Annual accounts 2016-1,8 M €↓
  2. 2015
    Annual accounts 2015-433,5 k €↓
  3. 2014
    Annual accounts 2014-185 k €↑
  4. 2013
    Annual accounts 2013-904,3 k €↓
  5. 2012
    Annual accounts 2012-115,3 k €↓
  6. 2011
    Annual accounts 201147,5 k €↓
  7. 2010
    Annual accounts 201095,8 k €
  8. 19/03/2009
    IncorporationCooperative company with limited liability