OPENING OF BANKRUPTCY

LA GRANDE RECRE BELGIQUE

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Company — Opening of bankruptcy.

Financial year 2017 · Closed on 28/02/2017

Net result-986,5 k €-64,1 %over 1 year
Revenue15 M €-6,0 %over 1 year
Equity739,1 k €-35,3 %over 1 year
Workforce91,0 ETP-6,1 %over 1 year

Identity

Source · BCE/KBO

LA GRANDE RECRE BELGIQUE is a Private company with limited liability incorporated in 2003. Its main activity is: Retail sale of sporting equipment in specialised stores. Its registered office is in Ixelles. It employs on average 91,0 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0860.826.401
Incorporation
02/10/2003
Legal form
Private company with limited liability
Registered office
Avenue Louise 331
1050 Ixelles · BruxellesSee on map
Latest accounts
28/02/2017
Average workforce
91,0 ETP
Joint committees (3)
  • 100
  • 201
  • 311
Signals
Healthy social debtsHigh revenue

Financials

Source · NBB, 11 filings

Trend over 11 financial years

20172016201520132012
Income statement
Revenue15 M €15,9 M €18,2 M €14,9 M €14,9 M €
EBITDA-702,4 k €126,9 k €-600,2 k €78,2 k €229,5 k €
Operating result-1 M €-412,2 k €-1,4 M €-599,9 k €-571 k €
Net result-986,5 k €-601,2 k €-1,6 M €-766,9 k €-964,9 k €
Balance sheet
Equity739,1 k €1,1 M €1,7 M €1,3 M €1,1 M €
Total assets12 M €12,2 M €8,6 M €12,3 M €12,3 M €
Cash514,2 k €430,3 k €116,8 k €2,1 M €4,3 M €
Debts11,2 M €11 M €6,8 M €10,8 M €10,9 M €
Other
Workforce91,0 ETP96,9 ETP97,6 ETP85,9 ETP82,8 ETP

Board of directors

Source · NBB, accounts to 28/02/2017

1 active · 6 ended

Active mandates

Jean Michel Grunberg

Manager · since 26 octobre 2010

Active

Ended mandates

Jean-Michel Grunberg

Manager · since 26 octobre 2011

Ended
Jean-Michel GRUNBERG

Manager · since 26 octobre 2010

Ended
Rudolph Hidalgo

Manager · since 26 octobre 2010

Ended
Daniel VELASCO

Manager · since 01 octobre 2003

Ended

Other companies at this address

Avenue Louise 331 1050 Ixelles
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Anmoor Civil Company● Active
0725.467.156
ARGOS BENELUX● Active
0526.812.641
BELGIAN REAL ESTATE EXPERTISE● Active
0802.242.062
BG NUTRITION● Active
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Carmela● Active
1003.187.460
Damaber Overseas Investments Civil company● Active
0725.932.954
DF Allée Verte● Active
0769.492.684
Edumetrics Civil Company● Active
0725.931.964
Emancia● Active
1036.657.014
Emerald City Civil Company● Active
0726.390.438
FRITES ESPORTS CLUB● Active
1032.320.520
Gadirosias Civil Company● Active
0725.615.131
GLOBALTY REAL ESTATE● Active
0798.944.557
IMMOBE● Active
0697.566.095
Isse Consulting Civil Company● Active
0773.514.325
N.S.M. (NETTOYAGE SERVICES MAINTENANCE)● Active
0462.753.445
OKTOPUS● Active
0447.794.956
PEBEPC● Active
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SANTO AMARO CONSULT● Active
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SEASCAPE BELGIUM● Active
0675.792.565

Full financial information

Source · NBB
201720162015201320122011
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/03/201601/03/201501/01/201401/01/201301/01/201201/01/2011
Closing of the financial year28/02/201729/02/201628/02/201531/12/201331/12/201231/12/2011
Length of the financial year12 months12 months14 months12 months12 months12 months
Filing date11/10/201716/09/201630/09/201512/06/201430/07/201325/07/2012
General meeting31/08/201731/08/201630/09/201509/05/201414/06/201308/06/2012
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, 11 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model28/02/201731/08/201711/10/2017FrenchPDF
Full model29/02/201631/08/201616/09/2016FrenchPDF
Full model28/02/201530/09/201530/09/2015FrenchPDF
Full model31/12/201309/05/201412/06/2014FrenchPDF
Full model31/12/201214/06/201330/07/2013FrenchPDF
Full model31/12/201108/06/201225/07/2012FrenchPDF
Full model31/12/201010/06/201131/08/2011FrenchPDF
Full model31/12/200911/06/201015/07/2010FrenchPDF
Full model31/12/200812/06/200931/08/2009FrenchPDF
Full model31/12/200713/06/200829/08/2008FrenchPDF
Abridged model31/12/200608/06/200702/07/2007FrenchPDF

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 28/02/2017

1 active · 6 ended

Active mandates

Jean Michel Grunberg

Manager · since 26 octobre 2010

Active

Ended mandates

Jean-Michel Grunberg

Manager · since 26 octobre 2011

Ended
Jean-Michel GRUNBERG

Manager · since 26 octobre 2010

Ended
Rudolph Hidalgo

Manager · since 26 octobre 2010

Ended
Daniel VELASCO

Manager · since 01 octobre 2003

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other13/06/2018
    DIVERS
    PDF
  • Capital / shares21/03/2017
    CAPITAL, ACTIONS
    PDF
  • Capital / shares21/03/2017
    CAPITAL, ACTIONS
    PDF
  • Mandates17/12/2015
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares01/04/2015
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Other02/10/2014
    ANNEE COMPTABLE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates03/01/2014
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Capital / shares03/01/2014
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF

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

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Timeline

  1. 2017
    Annual accounts 2017-986,5 k €↓
  2. 2016
    Annual accounts 2016-601,2 k €↑
  3. 2015
    Annual accounts 2015-1,6 M €↓
  4. 2013
    Annual accounts 2013-766,9 k €↑
  5. 2012
    Annual accounts 2012-964,9 k €↓
  6. 2011
    Annual accounts 2011-148,5 k €↓
  7. 2010
    Annual accounts 2010-973 €↑
  8. 2009
    Annual accounts 2009-512,4 k €↓
  9. 2008
    Annual accounts 2008-229,3 k €↓
  10. 2007
    Annual accounts 2007-29 k €↓
  11. 2006
    Annual accounts 2006179,2 k €
  12. 02/10/2003
    IncorporationPrivate company with limited liability