OPENING OF BANKRUPTCY

Local Food Express

Company — Opening of bankruptcy.

Strike-off: 19 août 2026

Financial year 2015 · Closed on 31/12/2015

Net result16,7 k €+229,9 %over 1 year
Gross margin114,4 k €+347,7 %over 1 year
Equity9,8 k €+150,7 %over 1 year
Workforce3,8 ETP+192,3 %over 1 year

Identity

Source · BCE/KBO

Local Food Express is a Cooperative company with limited liability incorporated in 2010. It employs on average 3,8 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0823.614.132
Incorporation
03/03/2010
Legal form
Cooperative company with limited liability
Latest accounts
31/12/2015
Average workforce
3,8 ETP
Joint committees (3)
  • 119
  • 145
  • 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 6 filings

Trend over 6 financial years

20152014201320122011
Income statement
Gross margin114,4 k €25,6 k €21,9 k €16,6 k €6,5 k €
EBITDA17,3 k €-13,4 k €-7,3 k €1,2 k €6,5 k €
Operating result17,3 k €-13,4 k €-7,3 k €1,2 k €6,5 k €
Net result16,7 k €-12,9 k €-20,1 k €992,4 €6,4 k €
Balance sheet
Equity9,8 k €-19,3 k €-6,5 k €13,6 k €12,6 k €
Total assets119,3 k €178,6 k €128,9 k €130,2 k €135,4 k €
Cash29,7 k €87,7 k €56,2 k €75,7 k €31,9 k €
Debts109,5 k €197,9 k €131,4 k €112,5 k €122,8 k €
Other
Workforce3,8 ETP1,3 ETP1,2 ETP0,4 ETP–

Board of directors

Source · NBB, accounts to 31/12/2015

2 active · 1 ended

Active mandates

KATHLEEN DECLERCQ

Director · since 16 juin 2011

Active
LUCIEN MATTON

Director · since 16 juin 2011

Active

Ended mandates

JOEL SICCARD

Director · since 26 février 2010

Ended

Full financial information

Source · NBB
201520142013201220112010
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/201501/01/201401/01/201301/01/201201/01/201101/01/2010
Closing of the financial year31/12/201531/12/201431/12/201331/12/201231/12/201131/12/2010
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date01/02/201630/09/201529/09/201522/10/201322/01/201326/07/2011
General meeting30/01/201612/06/201513/06/201414/06/201308/06/201210/06/2011
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, 6 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/201530/01/201601/02/2016DutchPDF
Abridged model31/12/201412/06/201530/09/2015DutchPDF
Abridged model31/12/201313/06/201429/09/2015DutchPDF
Abridged model31/12/201214/06/201322/10/2013DutchPDF
Abridged model31/12/201108/06/201222/01/2013DutchPDF
Abridged model31/12/201010/06/201126/07/2011DutchPDF

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.

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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 31/12/2015

2 active · 1 ended

Active mandates

KATHLEEN DECLERCQ

Director · since 16 juin 2011

Active
LUCIEN MATTON

Director · since 16 juin 2011

Active

Ended mandates

JOEL SICCARD

Director · since 26 février 2010

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates06/09/2013
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/08/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/05/2011
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other15/03/2010
    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. 2015
    Annual accounts 201516,7 k €↑
  2. 2014
    Annual accounts 2014-12,9 k €↑
  3. 2013
    Annual accounts 2013-20,1 k €↓
  4. 2012
    Annual accounts 2012992,4 €↓
  5. 2011
    Annual accounts 20116,4 k €↑
  6. 2010
    Annual accounts 2010-5 k €
  7. 03/03/2010
    IncorporationCooperative company with limited liability