ACTIVE

MICHAËL BORREMANS

Financial year 2018 · Closed on 31/12/2018

Net result2,5 M €-9,8 %over 1 year
Gross margin4 M €-17,8 %over 1 year
Equity15 M €+20,0 %over 1 year

Identity

Source · BCE/KBO

MICHAËL BORREMANS is a Limited partnership incorporated in 2004. Its main activity is: Performing arts. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0869.889.862
Incorporation
28/10/2004
Legal form
Limited partnership
Registered office
Wittemolenstraat 111
9040 Gent · FlandreSee on map
Latest accounts
31/12/2018
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 13 filings

Trend over 11 financial years

20182017201620152014
Income statement
Gross margin4 M €4,8 M €5,3 M €4,2 M €1,3 M €
EBITDA4 M €4,8 M €5,3 M €4,2 M €1,3 M €
Operating result3,7 M €4,6 M €5,1 M €4,1 M €1,2 M €
Net result2,5 M €2,8 M €3,1 M €2,5 M €775,1 k €
Balance sheet
Equity15 M €12,5 M €9,7 M €7,1 M €5,9 M €
Total assets15,1 M €12,7 M €9,8 M €7,3 M €5,9 M €
Cash6,4 M €8 M €6,2 M €3,9 M €3,4 M €
Debts78,2 k €200,7 k €88,3 k €130,9 k €65,3 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2018

1 active · 4 ended

Active mandates

MICHAEL BORREMANS

Manager

Active

Ended mandates

Anna Dops

Manager · since 28 octobre 2004 · until 30 novembre 2015

Ended
ANNA DOPS

Manager · since 28 octobre 2004

Ended
MICHAEL BORREMANS

Manager · since 28 octobre 2004

Ended
Anna DOPS

Manager

Ended

Full financial information

Source · NBB
201820172016201520142013
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/201801/01/201701/01/201601/01/201501/01/201401/01/2013
Closing of the financial year31/12/201831/12/201731/12/201631/12/201531/12/201431/12/2013
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date21/08/201922/06/201810/08/201730/09/201626/08/201529/09/2014
General meeting24/04/201925/04/201826/04/201727/04/201629/04/201523/04/2014
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, 13 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/201824/04/201921/08/2019DutchPDF
Abridged model31/12/201725/04/201822/06/2018DutchPDF
Abridged model31/12/201626/04/201710/08/2017DutchPDF
Abridged model31/12/201527/04/201630/09/2016DutchPDF
Abridged model31/12/201429/04/201526/08/2015DutchPDF
Abridged model31/12/201323/04/201429/09/2014DutchPDF
Abridged model31/12/201224/04/201310/02/2017DutchPDF
Abridged model31/12/201125/04/201203/07/2012DutchPDF
Abridged model31/12/201027/04/201131/05/2011DutchPDF
Abridged model31/12/200928/04/201011/06/2010DutchPDF
Abridged model31/12/200829/04/200913/05/2009DutchPDF
Abridged model31/12/200730/04/200814/05/2008DutchPDF
Abridged model31/12/200625/04/200730/05/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 M€

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 31/12/2018

1 active · 4 ended

Active mandates

MICHAEL BORREMANS

Manager

Active

Ended mandates

Anna Dops

Manager · since 28 octobre 2004 · until 30 novembre 2015

Ended
ANNA DOPS

Manager · since 28 octobre 2004

Ended
MICHAEL BORREMANS

Manager · since 28 octobre 2004

Ended
Anna DOPS

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other09/01/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates11/12/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/04/2007
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other22/11/2004
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2018
    Annual accounts 20182,5 M €↓
  2. 2017
    Annual accounts 20172,8 M €↓
  3. 2016
    Annual accounts 20163,1 M €↑
  4. 2015
    Annual accounts 20152,5 M €↑
  5. 2014
    Annual accounts 2014775,1 k €↓
  6. 2013
    Annual accounts 20131,6 M €↑
  7. 2012
    Annual accounts 20121,3 M €↑
  8. 2011
    Annual accounts 2011675,2 k €↑
  9. 2010
    Annual accounts 2010345,6 k €↓
  10. 2009
    Annual accounts 2009580,9 k €↑
  11. 2008
    Annual accounts 2008246,9 k €
  12. 28/10/2004
    IncorporationLimited partnership