OPENING OF BANKRUPTCY

READTO

Financial year 2023 · closed on 31/12/2023
Net result
25,8 k €
-33.3% YoY
Gross margin
158 k €
+15.6% YoY
Equity
149,1 k €
+20.9% YoY
Workforce
3,5 ETP
+16.7% YoY

Company — Opening of bankruptcy.

What does READTO do?

READTO is a Private company with limited liability incorporated in 2012. Its main activity is: Beverage serving activities. Its registered office is in Geel. It employs on average 3,5 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0845.333.917
Incorporation
17/04/2012
Legal form
Private company with limited liability
Registered office
Kleinhoefstraat 5 box 61
2440 Geel · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2023
Average workforce
3,5 ETP
Joint committees (1)
  • 341
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20232022202120202019201820172016201520142013
Income statement
Gross margin158 k €136,7 k €44,4 k €12,8 k €114,9 k €180,2 k €224 k €143,3 k €112,5 k €153,7 k €119,7 k €
EBITDA49,5 k €57 k €18,4 k €-12,8 k €46 k €67 k €113,8 k €57,4 k €21,1 k €68,3 k €73,4 k €
Operating result31,2 k €38,2 k €849,8 €-46 k €7,8 k €19 k €69 k €28,6 k €7,3 k €61,1 k €-3,6 k €
Net result25,8 k €38,6 k €2,7 k €-40,5 k €8,4 k €10 k €40,9 k €15,9 k €7,2 k €43,3 k €-9,3 k €
Balance sheet
Equity149,1 k €123,3 k €84,7 k €82 k €122,5 k €114,1 k €104,1 k €63,2 k €47,4 k €40,2 k €-3,1 k €
Total assets180,9 k €326,6 k €284 k €248,4 k €270,2 k €257,6 k €256,5 k €204,6 k €164,5 k €125,4 k €33,1 k €
Cash27,9 k €49,4 k €45,4 k €5,3 k €23,1 k €76,9 k €61,3 k €44,4 k €34,3 k €14,4 k €5,5 k €
Debts31,8 k €34,7 k €30,7 k €29,8 k €45,5 k €65,3 k €74,2 k €58,1 k €34,3 k €33,5 k €13,4 k €
Other
Workforce3,5 ETP3,0 ETP1,5 ETP2,6 ETP3,1 ETP4,0 ETP4,0 ETP2,0 ETP2,0 ETP2,0 ETP1,0 ETP
Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active · 5 ended

Active mandates

Astrit Muldakaj

Director · since 12 octobre 2023

Active

Ended mandates

L. Jupas

Manager · since 01 novembre 2012

Ended
A. Van Nispen

Manager · since 17 avril 2012

Ended
Adrianus Van Nispen

Director · since 17 avril 2012

Ended
Adrianus Van Nispen

Manager · since 17 avril 2012

Ended
At this address

Other companies at this address

CompanyCBE no.
ALL TRADEActive
0898.003.036
ATS LogisticsActive
0543.608.190
AVNBankrupt
0725.519.022
BelgitradeActive
0757.731.435
1020.120.294
ContrinityActive
0636.763.329
DeaDiaActive
0809.628.514
0694.840.890
DJO BENELUXActive
0870.399.707
Druyts & CoActive
0861.829.360
DZNActive
0893.055.442
ELRONActive
0800.055.604
EventSquareActive
0670.798.154
Fry TransportActive
1026.085.497
GEB HoldActive
0798.901.797
GEO@TurnhoutActive
1013.203.404
GIBEDActive
0893.101.962
HITAActive
0726.754.385
InsightAirActive
0802.410.823
KANTERSActive
0452.040.586
Annual accounts

Full financial information

202320222021202020192018
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date29/08/202428/09/202330/09/202224/08/202129/10/202001/07/2020
General meeting21/06/202431/08/202331/08/202230/06/202108/09/202030/06/2019
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202321/06/202429/08/2024DutchPDF
Abridged model31/12/202231/08/202328/09/2023DutchPDF
Abridged model31/12/202131/08/202230/09/2022DutchPDF
Abridged model31/12/202030/06/202124/08/2021DutchPDF
Abridged model31/12/201908/09/202029/10/2020DutchPDF
Abridged model31/12/201830/06/201901/07/2020DutchPDF
Abridged model31/12/201730/06/201828/09/2018DutchPDF
Abridged model31/12/201625/09/201728/09/2017DutchPDF
Abridged model31/12/201517/06/201629/08/2016DutchPDF
Abridged model31/12/201424/11/201530/12/2015DutchPDF
Abridged model31/12/201320/06/201425/08/2014DutchPDF
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 31/12/2023 · 1 active · 5 ended

Active mandates

Astrit Muldakaj

Director · since 12 octobre 2023

Active

Ended mandates

L. Jupas

Manager · since 01 novembre 2012

Ended
A. Van Nispen

Manager · since 17 avril 2012

Ended
Adrianus Van Nispen

Director · since 17 avril 2012

Ended
Adrianus Van Nispen

Manager · since 17 avril 2012

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
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 202325,8 k €
  2. 2022
    Annual accounts 202238,6 k €
  3. 2021
    Annual accounts 20212,7 k €
  4. 2020
    Annual accounts 2020-40,5 k €
  5. 2019
    Annual accounts 20198,4 k €
  6. 2018
    Annual accounts 201810 k €
  7. 2017
    Annual accounts 201740,9 k €
  8. 2016
    Annual accounts 201615,9 k €
  9. 2015
    Annual accounts 20157,2 k €
  10. 2014
    Annual accounts 201443,3 k €
  11. 2013
    Annual accounts 2013-9,3 k €
  12. 17/04/2012
    IncorporationPrivate company with limited liability