OPENING OF BANKRUPTCY

CONDITUS

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Financial year 2009 · closed on 31/12/2009
Net result
-6,8 k €
+58.3% YoY
Gross margin
349,6 k €
+4.7% YoY
Equity
101,9 k €
+728.2% YoY
Workforce
15,7 ETP
+17.2% YoY

Company — Opening of bankruptcy.

What does CONDITUS do?

CONDITUS is a Private company with limited liability incorporated in 2004. Its main activity is: Manufacture of bread; manufacture of fresh pastry goods and cakes. Its registered office is in Tongeren-Borgloon. It employs on average 15,7 ETP workers (FTE).

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0865.593.653
Incorporation
03/06/2004
Legal form
Private company with limited liability
Registered office
Luikersteenweg 611 box 2
3700 Tongeren-Borgloon · FlandreSee on map
Latest accounts
31/12/2009
Average workforce
15,7 ETP
Activities (NACE)
10711Manufacture of bread; manufacture of fresh pastry goods and cakes· main10711Manufacture of bread; manufacture of fresh pastry goods and cakes15811Manufacture of leather and related products10130Production of meat and poultry meat products10130Production of meat and poultry meat products10200Processing and preserving of fish, crustaceans and molluscs+12
Signals
Positive cashflowPositive EBITDAHealthy social debts
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Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2009200820072006
Income statement
Gross margin349,6 k €334 k €373,2 k €387,3 k €
EBITDA36,4 k €25,9 k €43,4 k €47,5 k €
Operating result13 k €1,6 k €14,4 k €18,7 k €
Net result-6,8 k €-16,4 k €-7 k €776,5 €
Balance sheet
Equity101,9 k €-16,2 k €171,8 €7,2 k €
Total assets518,3 k €389,3 k €422,9 k €417,1 k €
Cash4,6 k €9,3 k €17,4 k €20 k €
Debts411,7 k €402,7 k €422,7 k €409,9 k €
Other
Workforce15,7 ETP13,4 ETP12,8 ETP13,8 ETP
Governance

Board of directors

Seen on filing of 31/12/2009 · 1 active

Active mandates

John Castermans

Manager

Active
At this address

Other companies at this address

CompanyCBE no.
C & L INVEST● Bankrupt
0476.413.718
Annual accounts

Full financial information

2009200820072006
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/200901/01/200801/01/200701/01/2006
Closing of the financial year31/12/200931/12/200831/12/200731/12/2006
Length of the financial year12 months12 months12 months12 months
Filing date03/08/201030/07/200919/12/200820/12/2007
General meeting30/07/201008/06/200901/12/200811/06/2007
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/200930/07/201003/08/2010DutchPDF
Abridged model31/12/200808/06/200930/07/2009DutchPDF
Abridged model31/12/200701/12/200819/12/2008DutchPDF
Abridged model31/12/200611/06/200720/12/2007DutchPDF
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 31/12/2009 · 1 active

Active mandates

John Castermans

Manager

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other14/06/2004
    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. 2009
    Annual accounts 2009-6,8 k €↑
  2. 2008
    Annual accounts 2008-16,4 k €↓
  3. 2007
    Annual accounts 2007-7 k €↓
  4. 2006
    Annual accounts 2006776,5 €
  5. 03/06/2004
    IncorporationPrivate company with limited liability