OPENING OF BANKRUPTCY

LOFTWOOD

Financial year 2020 · closed on 31/03/2020
Net result
4,8 k €
+1690.5% YoY
Gross margin
75 k €
+258.6% YoY
Equity
64,5 k €
+8.0% YoY
Workforce
1,1 ETP

Company — Opening of bankruptcy.

What does LOFTWOOD do?

LOFTWOOD is a Private company with limited liability incorporated in 2012. Its main activity is: Floor and wall covering. Its registered office is in Gent. It employs on average 1,1 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0842.757.972
Incorporation
13/01/2012
Legal form
Private company with limited liability
Registered office
Nieuwewandeling 62 box 9
9000 Gent · FlandreSee on map
Latest accounts
31/03/2020
Average workforce
1,1 ETP
Joint committees (3)
  • 124
  • 126
  • 200
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20202019201820172016201520142013
Income statement
Gross margin75 k €20,9 k €11,6 k €32,7 k €45,7 k €54,4 k €41,7 k €135,4 k €
EBITDA34,3 k €6,5 k €3,3 k €17,7 k €-2,9 k €43,6 k €11,9 k €31,3 k €
Operating result10,4 k €3,5 k €-677,5 €14,2 k €-8,3 k €24,9 k €8,1 k €26,5 k €
Net result4,8 k €265,8 €1 k €11,7 k €-7,1 k €18,3 k €4,3 k €18,8 k €
Balance sheet
Equity64,5 k €59,7 k €59,4 k €58,4 k €46,7 k €53,8 k €35,5 k €31,2 k €
Total assets244,6 k €339,8 k €261,5 k €178,1 k €133,2 k €142,7 k €140,5 k €167,4 k €
Cash222,3 €31 k €1,4 k €514,9 €2,9 k €6,7 k €3,7 k €533,8 €
Debts179,6 k €276,2 k €202,1 k €118,4 k €86,5 k €83,9 k €104,3 k €135,4 k €
Other
Workforce1,1 ETP1,0 ETP1,0 ETP0,8 ETP2,3 ETP
Governance

Board of directors

Seen on filing of 31/03/2020 · 1 active · 4 ended

Active mandates

Tom Vannoote

Director

Active

Ended mandates

Tom Vannoote

Manager · since 13 janvier 2012

Ended
Liesbeth Baum

Manager

Ended
Tom Vannoote

Manager

Ended
Tom Vanoote

Manager

Ended
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Annual accounts

Full financial information

202020192018201720162015
Type of accountAbridged modelAbridged modelAbridged modelMicro modelAbridged modelAbridged model
Start of the financial year01/04/201901/04/201801/04/201701/04/201601/04/201501/04/2014
Closing of the financial year31/03/202031/03/201931/03/201831/03/201731/03/201631/03/2015
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/01/202118/10/201901/10/201831/10/201728/10/201630/09/2015
General meeting11/12/202020/09/201931/08/201830/09/201716/09/201630/08/2015
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202011/12/202027/01/2021DutchPDF
Abridged model31/03/201920/09/201918/10/2019DutchPDF
Abridged model31/03/201831/08/201801/10/2018DutchPDF
Micro model31/03/201730/09/201731/10/2017DutchPDF
Abridged model31/03/201616/09/201628/10/2016DutchPDF
Abridged model31/03/201530/08/201530/09/2015DutchPDF
Abridged model31/03/201429/08/201405/12/2014DutchPDF
Abridged model31/03/201304/10/201319/03/2014DutchPDF
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 31/03/2020 · 1 active · 4 ended

Active mandates

Tom Vannoote

Director

Active

Ended mandates

Tom Vannoote

Manager · since 13 janvier 2012

Ended
Liesbeth Baum

Manager

Ended
Tom Vannoote

Manager

Ended
Tom Vanoote

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office09/11/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office17/03/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office20/08/2012
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other26/01/2012
    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. 2020
    Annual accounts 20204,8 k €
  2. 2019
    Annual accounts 2019265,8 €
  3. 2018
    Annual accounts 20181 k €
  4. 2017
    Annual accounts 201711,7 k €
  5. 2016
    Annual accounts 2016-7,1 k €
  6. 2015
    Annual accounts 201518,3 k €
  7. 2014
    Annual accounts 20144,3 k €
  8. 2013
    Annual accounts 201318,8 k €
  9. 13/01/2012
    IncorporationPrivate company with limited liability