OPENING OF BANKRUPTCY

KIMMENADE

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Financial year 2021 · closed on 31/12/2021

Net result

2,1 k €

+134.5% YoY

Gross margin

519,9 k €

+19.3% YoY

Equity

401 k €

+0.5% YoY

Workforce

6,0 ETP

-9.1% YoY

Company — Opening of bankruptcy.

What does KIMMENADE do?

KIMMENADE is a Public limited company incorporated in 2004. Its main activity is: Specialised construction activities. Its registered office is in Genk. It employs on average 6,0 ETP workers (FTE).

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0870.903.414

Incorporation

30/12/2004

Legal form

Public limited company

Registered office

Jaarbeurslaan 17 box 52
3600 Genk · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2021

Average workforce

6,0 ETP

Activities (NACE)

43410Specialised construction activities· main 43910Roofing activities 45220Maintenance and repair of motor vehicles

Joint committees (1)

Signals

ProfitablePositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	519,9 k €	+19.3%	435,9 k €	+1.4%	429,7 k €	+6.7%	402,6 k €	-2.8%	414,1 k €	+1.6%	407,4 k €	-24.0%	536,3 k €	+4.5%	513,1 k €	+2.0%	503,2 k €	-51.8%	1 M €	+113%	489,3 k €	+269%	132,4 k €	-36.5%	208,4 k €	-51.5%	429,5 k €	+124%	191,8 k €	+111%	91 k €
EBITDA	86,1 k €	+8445%	-1 k €	-102%	54,6 k €	+73.0%	31,6 k €	-8.1%	34,3 k €	-57.2%	80,2 k €	-60.0%	200,6 k €	-4.5%	210 k €	+137%	88,7 k €	+118%	40,7 k €	+264%	11,2 k €	+115%	-75,5 k €	-344%	-17 k €	-109%	190,3 k €	+7169%	2,6 k €	+108%	-33,5 k €
Operating result	100,2 k €	+3060%	-3,4 k €	-107%	52 k €	+80.3%	28,8 k €	-56.5%	66,3 k €	-14.7%	77,7 k €	-60.3%	195,8 k €	-4.2%	204,3 k €	+170%	75,8 k €	+108%	36,5 k €	+343%	8,2 k €	+110%	-80,8 k €	-317%	-19,4 k €	-110%	186,5 k €	+5890%	3,1 k €	+108%	-38,4 k €
Net result	2,1 k €	+135%	-6 k €	-120%	29,8 k €	+102%	14,7 k €	-64.0%	40,9 k €	-16.0%	48,7 k €	-61.0%	124,8 k €	-1.8%	127,1 k €	+235%	37,9 k €	+6.2%	35,7 k €	+422%	6,9 k €	+108%	-84,2 k €	-305%	-20,8 k €	-112%	167,7 k €	+164624%	101,8 €	+100%	-50,9 k €
Balance sheet
Equity	401 k €	+0.5%	398,9 k €	-1.5%	404,9 k €	+7.9%	375,1 k €	+4.1%	360,4 k €	+12.8%	319,5 k €	+18.0%	270,9 k €	+85.4%	146,1 k €	+669%	19 k €	+200%	-19 k €	+65.3%	-54,7 k €	+11.1%	-61,5 k €	-371%	22,7 k €	-47.8%	43,5 k €	+135%	-124,2 k €	+0.1%	-124,3 k €
Total assets	3 M €	+12.5%	2,7 M €	+80.3%	1,5 M €	+17.8%	1,3 M €	+14.6%	1,1 M €	-32.1%	1,6 M €	+36.2%	1,2 M €	-17.2%	1,4 M €	+114%	671,9 k €	-19.9%	838,5 k €	-8.7%	918,4 k €	+10.7%	829,3 k €	+36.9%	605,8 k €	-39.7%	1 M €	+22.2%	821,5 k €	+69.5%	484,6 k €
Cash	159,5 k €	+264%	43,9 k €	-85.0%	293 k €	+474%	51,1 k €	+141%	21,2 k €	-92.3%	275,3 k €	+188%	95,5 k €	-82.4%	542,9 k €	+606%	76,9 k €	-65.7%	223,9 k €	+92.9%	116,1 k €	+70.8%	68 k €	+51.6%	44,8 k €	-77.8%	201,6 k €	+20.6%	167,2 k €	+0.2%	166,9 k €
Debts	2,6 M €	+15.5%	2,3 M €	+113%	1,1 M €	+22.3%	870,6 k €	+20.2%	724,4 k €	-43.5%	1,3 M €	+45.4%	882,5 k €	-29.8%	1,3 M €	+109%	601,3 k €	-28.0%	835,2 k €	-12.5%	954,4 k €	+7.5%	887,6 k €	+53.5%	578,1 k €	-39.6%	957 k €	+1.6%	942,2 k €	+55.6%	605,4 k €
Other
Workforce	6,0 ETP	-9.1%	6,6 ETP	+26.9%	5,2 ETP	+8.3%	4,8 ETP	-11.1%	5,4 ETP	0.0%	5,4 ETP	+14.9%	4,7 ETP	+4.4%	4,5 ETP	-26.2%	6,1 ETP	-44.5%	11,0 ETP	+42.9%	7,7 ETP	+133%	3,3 ETP	+17.9%	2,8 ETP	+3.7%	2,7 ETP	+12.5%	2,4 ETP	+41.2%	1,7 ETP

Governance

Board of directors

Seen on filing of 31/12/2021 · 2 active · 16 ended

Active mandates

Mark van der Vennen

Director · since 17 septembre 2021 · until 17 septembre 2027

Active

Paul Heiligers

Director · since 15 juin 2016 · until 17 septembre 2021

Active

Ended mandates

Paul Heiligers

Director · since 15 juin 2016 · until 01 mai 2020

Ended

Paul Heiligers

Director · since 15 juin 2016

Ended

Kimmenade Groep BV

Managing director · since 01 mai 2014 · until 01 mai 2020

Represented by Paul Heiligers

Ended

Kimmenade Nederland BV

Director · since 01 mai 2014 · until 01 mai 2020

Represented by Paul Heiligers

Ended

At this address

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EJG INVEST● Active	0434.794.679
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FRANSSEN E.● Active	0446.821.194
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WeHealth● Active	0771.805.541

Annual accounts

Full financial information

	2021	2020	2019	2018	2017	2016
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2021	01/01/2020	01/01/2019	01/01/2018	01/01/2017	01/01/2016
Closing of the financial year	31/12/2021	31/12/2020	31/12/2019	31/12/2018	31/12/2017	31/12/2016
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	18/11/2022	06/07/2021	20/11/2020	10/10/2019	02/07/2018	31/08/2017
General meeting	14/11/2022	14/06/2021	07/09/2020	11/06/2019	11/06/2018	12/06/2017
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2021	14/11/2022	18/11/2022	Dutch	PDF
Abridged model	31/12/2020	14/06/2021	06/07/2021	Dutch	PDF
Abridged model	31/12/2019	07/09/2020	20/11/2020	Dutch	PDF
Abridged model	31/12/2018	11/06/2019	10/10/2019	Dutch	PDF
Abridged model	31/12/2017	11/06/2018	02/07/2018	Dutch	PDF
Abridged model	31/12/2016	12/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	13/06/2016	22/06/2016	Dutch	PDF
Abridged model	31/12/2014	08/06/2015	13/07/2015	Dutch	PDF
Abridged model	31/12/2013	10/06/2014	26/09/2014	Dutch	PDF
Abridged model	31/12/2012	10/06/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	11/06/2012	21/08/2012	Dutch	PDF
Abridged model	31/12/2010	14/06/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	29/07/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	27/07/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	18/07/2008	Dutch	PDF
Abridged model	31/12/2006	11/06/2007	14/06/2007	Dutch	PDF

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 31/12/2021 · 2 active · 16 ended

Active mandates

Mark van der Vennen

Director · since 17 septembre 2021 · until 17 septembre 2027

Active

Paul Heiligers

Director · since 15 juin 2016 · until 17 septembre 2021

Active

Ended mandates

Paul Heiligers

Director · since 15 juin 2016 · until 01 mai 2020

Ended

Paul Heiligers

Director · since 15 juin 2016

Ended

Kimmenade Groep BV

Managing director · since 01 mai 2014 · until 01 mai 2020

Represented by Paul Heiligers

Ended

Kimmenade Nederland BV

Director · since 01 mai 2014 · until 01 mai 2020

Represented by Paul Heiligers

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/12/2022
ONTSLAGEN - BENOEMINGEN
PDF
Registered office06/05/2022
MAATSCHAPPELIJKE ZETEL
PDF
Mandates08/11/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/08/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/10/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/05/2014
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates12/10/2011
ONTSLAGEN - BENOEMINGEN
PDF
Registered office16/11/2010
MAATSCHAPPELIJKE ZETEL
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

2021
Annual accounts 20212,1 k €↑
2020
Annual accounts 2020-6 k €↓
2019
Annual accounts 201929,8 k €↑
2018
Annual accounts 201814,7 k €↓
2017
Annual accounts 201740,9 k €↓
2016
Annual accounts 201648,7 k €↓
2015
Annual accounts 2015124,8 k €↓
2014
Annual accounts 2014127,1 k €↑
2013
Annual accounts 201337,9 k €↑
2012
Annual accounts 201235,7 k €↑
2011
Annual accounts 20116,9 k €↑
2010
Annual accounts 2010-84,2 k €↓
2009
Annual accounts 2009-20,8 k €↓
2008
Annual accounts 2008167,7 k €↑
2007
Annual accounts 2007101,8 €↑
2006
Annual accounts 2006-50,9 k €
30/12/2004
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

KIMMENADE

Overview

What does KIMMENADE do?

Trend over 16 financial years

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline