OPENING OF BANKRUPTCY

CKS RETAIL BELGIUM

Company — Opening of bankruptcy.

Financial year 2018 · Closed on 31/12/2018

Net result17,6 k €+101,1 %over 1 year
Revenue10,7 M €+3,2 %over 1 year
Equity2,5 M €+1 486,6 %over 1 year
Workforce6,1 ETP-91,1 %over 1 year

Identity

Source · BCE/KBO

CKS RETAIL BELGIUM is a Public limited company incorporated in 2010. Its main activity is: Retail sale of clothing in specialised stores. Its registered office is in Mechelen. It employs on average 6,1 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0822.594.147
Incorporation
19/01/2010
Legal form
Public limited company
Registered office
Bautersemstraat 68A
2800 Mechelen · FlandreSee on map
Latest accounts
31/12/2018
Average workforce
6,1 ETP
Joint committees (1)
  • 201
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 7 filings

Trend over 6 financial years

20182017201520142013
Income statement
Revenue10,7 M €10,4 M €10,9 M €10,9 M €15,2 M €
EBITDA446,4 k €-1,1 M €-307,2 k €1,2 M €1,9 M €
Operating result58 k €-1,5 M €-1,4 M €130,4 k €33,2 k €
Net result17,6 k €-1,5 M €-1,5 M €6,3 k €-139,4 k €
Balance sheet
Equity2,5 M €-177 k €-1,6 M €-141,5 k €-147,8 k €
Total assets10,7 M €6,2 M €27,7 M €22 M €12,9 M €
Cash919,4 k €831,7 k €571,6 k €356,2 k €657,1 k €
Debts8,2 M €6,3 M €29,2 M €22 M €13 M €
Other
Workforce6,1 ETP68,4 ETP90,2 ETP72,0 ETP58,0 ETP

Board of directors

Source · NBB, accounts to 31/12/2018

7 active · 16 ended

Active mandates

FNG Beheer BE BV

Mandate · since 30 juillet 2019 · until 24 juin 2025

Represented by Dieter Penninckx

Active
M.A.D. COLLECTIONS

Director · since 30 juillet 2019 · until 24 juin 2025 · 0862.015.343

Represented by Emmanuel Bracke

Active
M.A.D. COLLECTIONS

Director · since 01 mars 2018 · until 29 juillet 2019 · 0862.015.343

Represented by Emmanuel Bracke

Active
FIGURAD BEDRIJFSREVISOREN

Mandate · since 30 novembre 2017 · until 04 octobre 2019 · 0423.109.644

Represented by Ann (A01494) Van Vlaenderen

Active
M.A.D. COLLECTIONS

Director · since 30 novembre 2017 · until 01 mars 2018 · 0862.015.343

Represented by Tine De Ryck

Active
Dieter Penninckx

Mandate · since 22 janvier 2016 · until 29 juillet 2019

Active
FNG GROUP

Director · since 22 janvier 2016 · until 29 juillet 2019 · 0865.085.788

Represented by Emmanuel Bracke

Active

Ended mandates

M.A.D. COLLECTIONS

Director · since 30 novembre 2017 · until 27 juin 2019 · 0862.015.343

Represented by Tine De Ryck

Ended
Dieter Penninckx

Managing director · since 22 janvier 2016 · until 27 juin 2019

Ended
FNG GROUP

Director · since 22 janvier 2016 · until 27 juin 2019 · 0865.085.788

Represented by Emmanuel Bracke

Ended
Dieter Penninckx

Managing director · since 05 février 2015 · until 03 septembre 2018

Ended

Other companies at this address

Bautersemstraat 68A 2800 Mechelen
CompanyCBE no.
Bas Vaerewyck● Active
0541.747.374
0534.906.401
0506.971.488
0506.970.993
0655.955.867
0668.606.152
FNG GROUP● Bankrupt
0865.085.788
FNG INTERNATIONAL● Bankrupt
0502.923.917
FNG Roots● Bankrupt
0690.554.381
0567.640.535
0711.670.687
NS DEVELOPMENT● Bankrupt
0418.951.215
PRISMAX● Active
0876.244.649
0630.773.875
THS Outlet● Bankrupt
0716.661.437
VAN HASSELS● Bankrupt
0865.310.967

Full financial information

Source · NBB
201820172016201520142013
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/201801/01/201701/04/201501/04/201401/04/201301/08/2011
Closing of the financial year31/12/201831/12/201731/12/201631/03/201531/03/201431/03/2013
Length of the financial year12 months12 months21 months12 months12 months20 months
Filing date22/10/201929/09/201829/12/201730/10/201530/10/201430/10/2013
General meeting04/10/201926/06/201830/11/201729/09/201526/09/201425/10/2013
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
Full model31/12/201804/10/201922/10/2019DutchPDF
Full model31/12/201726/06/201829/09/2018DutchPDF
Full model31/12/201630/11/201729/12/2017DutchPDF
Full model31/03/201529/09/201530/10/2015DutchPDF
Full model31/03/201426/09/201430/10/2014DutchPDF
Full model31/03/201325/10/201330/10/2013DutchPDF
Full model31/07/201120/12/201125/01/2012DutchPDF

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 31/12/2018

7 active · 16 ended

Active mandates

FNG Beheer BE BV

Mandate · since 30 juillet 2019 · until 24 juin 2025

Represented by Dieter Penninckx

Active
M.A.D. COLLECTIONS

Director · since 30 juillet 2019 · until 24 juin 2025 · 0862.015.343

Represented by Emmanuel Bracke

Active
M.A.D. COLLECTIONS

Director · since 01 mars 2018 · until 29 juillet 2019 · 0862.015.343

Represented by Emmanuel Bracke

Active
FIGURAD BEDRIJFSREVISOREN

Mandate · since 30 novembre 2017 · until 04 octobre 2019 · 0423.109.644

Represented by Ann (A01494) Van Vlaenderen

Active
M.A.D. COLLECTIONS

Director · since 30 novembre 2017 · until 01 mars 2018 · 0862.015.343

Represented by Tine De Ryck

Active
Dieter Penninckx

Mandate · since 22 janvier 2016 · until 29 juillet 2019

Active
FNG GROUP

Director · since 22 janvier 2016 · until 29 juillet 2019 · 0865.085.788

Represented by Emmanuel Bracke

Active

Ended mandates

M.A.D. COLLECTIONS

Director · since 30 novembre 2017 · until 27 juin 2019 · 0862.015.343

Represented by Tine De Ryck

Ended
Dieter Penninckx

Managing director · since 22 janvier 2016 · until 27 juin 2019

Ended
FNG GROUP

Director · since 22 janvier 2016 · until 27 juin 2019 · 0865.085.788

Represented by Emmanuel Bracke

Ended
Dieter Penninckx

Managing director · since 05 février 2015 · until 03 septembre 2018

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates05/08/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other05/02/2020
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates28/08/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/08/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares07/02/2019
    KAPITAAL - AANDELEN
    PDF
  • Mandates02/03/2018
    ONTSLAGEN - BENOEMINGEN
    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. 2018
    Annual accounts 201817,6 k €↑
  2. 2017
    Annual accounts 2017-1,5 M €↓
  3. 2015
    Annual accounts 2015-1,5 M €↓
  4. 2014
    Annual accounts 20146,3 k €↑
  5. 2013
    Annual accounts 2013-139,4 k €↓
  6. 2011
    Annual accounts 2011-70,4 k €
  7. 19/01/2010
    IncorporationPublic limited company