OPENING OF BANKRUPTCY

Euro Shoe Group

Company — Opening of bankruptcy.

Financial year 2023 · Closed on 31/12/2023

Net result-5 M €-453,2 %over 1 year
Revenue103,2 M €-9,5 %over 1 year
Equity4,6 M €-52,0 %over 1 year
Workforce161,7 ETP-6,7 %over 1 year

Identity

Source · BCE/KBO

Euro Shoe Group is a Public limited company incorporated in 2011. Its main activity is: Retail sale of footwear and leather goods in specialised stores. Its registered office is in Beringen. It employs on average 161,7 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0840.591.904
Incorporation
25/10/2011
Legal form
Public limited company
Registered office
Lochtemanweg 17
3580 Beringen · FlandreSee on map
Contributed capital
18 072 405,00 €
Latest accounts
31/12/2023
Average workforce
161,7 ETP
Joint committees (1)
  • 311
Contacts
2 public details availableLog in to view
Signals
Positive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 14 filings

Trend over 11 financial years

20232022202120202019
Income statement
Revenue103,2 M €114,1 M €111,1 M €105,1 M €134,5 M €
EBITDA5,9 M €5,5 M €1,1 M €-4,4 M €-476,4 k €
Operating result3,2 M €2,7 M €-590,2 k €-8,5 M €-5,2 M €
Net result-5 M €1,4 M €-2 M €-9,2 M €-5,8 M €
Balance sheet
Equity4,6 M €9,7 M €8,2 M €10,2 M €19,4 M €
Total assets50,2 M €60,4 M €52,8 M €57,5 M €58,4 M €
Cash1,6 M €995,6 k €1 M €1,3 M €492,4 k €
Debts44,1 M €48,4 M €42 M €41,8 M €35,4 M €
Other
Workforce161,7 ETP173,3 ETP181,1 ETP206,1 ETP225,0 ETP

Board of directors

Source · NBB, accounts to 31/12/2023

9 active · 41 ended

Active mandates

Franciscus ten Berge

Director · since 23 septembre 2023 · until 26 juin 2026

Active
de boerderie

Managing director · since 30 juin 2023 · until 29 juin 2029 · 0440.925.772

Represented by Vanaudenhove Elise

Active
John-David Grison

Director · since 30 juin 2023 · until 29 juin 2029

Active
EUGENIUS

Director · since 18 octobre 2022 · until 26 juin 2026 · 0870.046.844

Represented by Myriam Lamote

Active
A.V.O. - MANAGEMENT

Chairman of the board of directors · since 31 mai 2022 · until 30 juin 2028 · 0462.974.466

Represented by Van Overstraeten Annick

Active
MMTS Consultancy BV

Director · since 31 mai 2022 · until 23 septembre 2023

Represented by Franciscus ten Berge

Active
Rewind Design

Director · since 31 mai 2022 · until 26 juillet 2024 · 0817.276.666

Represented by Wouters Liesbeth

Active
Susan Lenderink

Director · since 31 mai 2022 · until 30 juin 2023

Active
Vanaudenhove Philippe

Director · since 29 mai 2020 · until 26 juillet 2024

Active

Ended mandates

EUGENIUS

Director · since 18 octobre 2022 · until 29 mai 2026 · 0870.046.844

Represented by Myriam Lamote

Ended
A.V.O. - MANAGEMENT

Chairman of the board of directors · since 31 mai 2022 · until 26 mai 2028 · 0462.974.466

Represented by Van Overstraeten Annick

Ended
MMTS Consultancy BV

Director · since 31 mai 2022 · until 29 mai 2026

Represented by Franciscus ten Berge

Ended
Rewind Design

Director · since 31 mai 2022 · until 31 mai 2024 · 0817.276.666

Represented by Wouters Liesbeth

Ended

Full financial information

Source · NBB
202320222021202020192018
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date31/07/202404/07/202320/04/202324/06/202107/08/202011/06/2019
General meeting26/07/202430/06/202331/05/202228/05/202131/07/202024/05/2019
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, 14 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202326/07/202431/07/2024DutchPDF
Full model31/12/202230/06/202304/07/2023DutchPDF
Full modelCorrection31/12/202131/05/202220/04/2023DutchPDF
Full model31/12/202131/05/202213/06/2022DutchPDF
Full model31/12/202028/05/202124/06/2021DutchPDF
Full model31/12/201931/07/202007/08/2020DutchPDF
Full model31/12/201824/05/201911/06/2019DutchPDF
Full model31/12/201725/05/201811/06/2018DutchPDF
Full model31/12/201631/05/201701/06/2017DutchPDF
Full model31/12/201527/05/201607/06/2016DutchPDF
Full model31/12/201429/05/201515/06/2015DutchPDF
Full model31/12/201330/05/201404/06/2014DutchPDF
Full modelCorrection31/12/201231/05/201304/06/2014DutchPDF
Full model31/12/201231/05/201310/06/2013DutchPDF

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 31/12/2023

9 active · 41 ended

Active mandates

Franciscus ten Berge

Director · since 23 septembre 2023 · until 26 juin 2026

Active
de boerderie

Managing director · since 30 juin 2023 · until 29 juin 2029 · 0440.925.772

Represented by Vanaudenhove Elise

Active
John-David Grison

Director · since 30 juin 2023 · until 29 juin 2029

Active
EUGENIUS

Director · since 18 octobre 2022 · until 26 juin 2026 · 0870.046.844

Represented by Myriam Lamote

Active
A.V.O. - MANAGEMENT

Chairman of the board of directors · since 31 mai 2022 · until 30 juin 2028 · 0462.974.466

Represented by Van Overstraeten Annick

Active
MMTS Consultancy BV

Director · since 31 mai 2022 · until 23 septembre 2023

Represented by Franciscus ten Berge

Active
Rewind Design

Director · since 31 mai 2022 · until 26 juillet 2024 · 0817.276.666

Represented by Wouters Liesbeth

Active
Susan Lenderink

Director · since 31 mai 2022 · until 30 juin 2023

Active
Vanaudenhove Philippe

Director · since 29 mai 2020 · until 26 juillet 2024

Active

Ended mandates

EUGENIUS

Director · since 18 octobre 2022 · until 29 mai 2026 · 0870.046.844

Represented by Myriam Lamote

Ended
A.V.O. - MANAGEMENT

Chairman of the board of directors · since 31 mai 2022 · until 26 mai 2028 · 0462.974.466

Represented by Van Overstraeten Annick

Ended
MMTS Consultancy BV

Director · since 31 mai 2022 · until 29 mai 2026

Represented by Franciscus ten Berge

Ended
Rewind Design

Director · since 31 mai 2022 · until 31 mai 2024 · 0817.276.666

Represented by Wouters Liesbeth

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates03/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/01/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/11/2023
    BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates26/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/09/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/01/2019
    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. 2023
    Annual accounts 2023-5 M €↓
  2. 23/09/2023
    nominationElise Vanaudenhove — Gedelegeerd Bestuurder
  3. 23/09/2023
    nominationPhilippe Vanaudenhove — Bestuurder
  4. 23/09/2023
    nominationFranciscus ten Berge — bestuurder
  5. 06/07/2023
    reconductionElise Vanaudenhove — gedelegeerd bestuurder
  6. 06/07/2023
    reconductionJohn David Grison — bestuurder én voorzitter van het Auditcomité
  7. 30/06/2023
    reconductionDe Boerderie BV — Gedelegeerd Bestuurder
  8. 30/06/2023
    reconductionJohn-David Grison — bestuurder
  9. 2022
    Annual accounts 20221,4 M €↑
  10. 31/05/2022
    reconductionAnnick Van Overstraeten — bestuurder (vaste vertegenwoordiger A.V.O. Management)
  11. 31/05/2022
    reconductionFranciscus ten Berge — bestuurder (vaste vertegenwoordiger MMTS Consultancy)
  12. 31/05/2022
    reconductionLiesbeth Wouters — bestuurder (vaste vertegenwoordiger Rewind Design BV)
  13. 31/05/2022
    reconductionSusan Lenderink — bestuurder
  14. 31/05/2022
    nominationMyriam Lamote — bestuurder (vaste vertegenwoordiger BV Eugenius)
  15. 2021
    Annual accounts 2021-2 M €↑
  16. 2020
    Annual accounts 2020-9,2 M €↓
  17. 2019
    Annual accounts 2019-5,8 M €↑
  18. 2018
    Annual accounts 2018-7,1 M €↑
  19. 2017
    Annual accounts 2017-10,4 M €↓
  20. 2016
    Annual accounts 2016-3,8 M €↓
  21. 2014
    Annual accounts 2014301,7 k €↓
  22. 2013
    Annual accounts 2013721,2 k €↓
  23. 2012
    Annual accounts 20123 M €
  24. 25/10/2011
    IncorporationPublic limited company