OPENING OF BANKRUPTCY

Target

Financial year 2023 · closed on 31/12/2023
Net result
-77,8 k €
-918.7% YoY
Gross margin
552,7 k €
+19.7% YoY
Equity
219,2 k €
-26.2% YoY
Workforce
5,3 ETP
+17.8% YoY

Company — Opening of bankruptcy.

What does Target do?

Target is a Private limited company incorporated in 2011. Its registered office is in Geel. It employs on average 5,3 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0840.291.303
Incorporation
01/10/2011
Legal form
Private limited company
Registered office
Kleinhoefstraat 5 box 11
2440 Geel · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2023
Average workforce
5,3 ETP
Joint committees (2)
  • 14003
  • 200
Signals
Positive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20232022202120182017
Income statement
Gross margin552,7 k €461,7 k €402,6 k €222 k €214,5 k €
EBITDA148,1 k €139,8 k €284,5 k €148,9 k €146,3 k €
Operating result-36,2 k €16,6 k €186,1 k €32,7 k €78,6 k €
Net result-77,8 k €9,5 k €110,1 k €32,2 k €78,8 k €
Balance sheet
Equity219,2 k €296,9 k €287,4 k €74,9 k €42,7 k €
Total assets1 M €841,3 k €737,7 k €480,1 k €491,2 k €
Cash19 k €35,6 k €5,3 k €8,3 k €7,6 k €
Debts815,4 k €537,1 k €443 k €405,2 k €448,5 k €
Other
Workforce5,3 ETP4,5 ETP1,7 ETP1,4 ETP0,6 ETP
Governance

Board of directors

Seen on filing of 31/12/2023 · 3 active · 1 ended

Active mandates

Elly Verstrepen

Director · since 01 mars 2020

Active
Jason Fry

Director · since 01 mai 2018

Active
Robin Fry

Director · since 01 octobre 2011

Active

Ended mandates

Robin Fry

Manager · since 01 octobre 2011

Ended
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Annual accounts

Full financial information

202320222021202020192018
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelAbridged model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/09/202427/10/202331/08/202210/12/202118/11/202008/10/2019
General meeting30/06/202430/06/202330/06/202230/06/202108/09/202008/10/2019
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202330/06/202430/09/2024DutchPDF
Abridged model31/12/202230/06/202327/10/2023DutchPDF
Abridged model31/12/202130/06/202231/08/2022DutchPDF
Micro model31/12/202030/06/202110/12/2021DutchPDF
Micro model31/12/201908/09/202018/11/2020DutchPDF
Abridged model31/12/201808/10/201908/10/2019DutchPDF
Abridged model31/12/201714/05/201806/07/2018DutchPDF
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 31/12/2023 · 3 active · 1 ended

Active mandates

Elly Verstrepen

Director · since 01 mars 2020

Active
Jason Fry

Director · since 01 mai 2018

Active
Robin Fry

Director · since 01 octobre 2011

Active

Ended mandates

Robin Fry

Manager · since 01 octobre 2011

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates29/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/04/2020
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Capital / shares01/08/2017
    BENAMING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Registered office30/07/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other26/10/2011
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2023
    Annual accounts 2023-77,8 k €
  2. 2022
    Annual accounts 20229,5 k €
  3. 2021
    Annual accounts 2021110,1 k €
  4. 2018
    Annual accounts 201832,2 k €
  5. 2017
    Annual accounts 201778,8 k €
  6. 01/10/2011
    IncorporationPrivate limited company