OPENING OF BANKRUPTCY

FUN VLAANDEREN

Company — Opening of bankruptcy.

Financial year 2022 · Closed on 31/12/2022

Net result
179,1 k €
-35,8 %over 1 year
Gross margin
1,4 M €
-5,7 %over 1 year
Equity
-258,2 k €
+41,0 %over 1 year
Workforce
25,8 ETP
-5,8 %over 1 year

Identity

Source · BCE/KBO

FUN VLAANDEREN is a Public limited company incorporated in 2005. Its main activity is: Retail sale of sporting equipment in specialised stores. Its registered office is in Brugge. It employs on average 25,8 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0876.403.116
Incorporation
03/10/2005
Legal form
Public limited company
Registered office
Koning Albert I-laan 244
8200 Brugge · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2022
Average workforce
25,8 ETP
Joint committees (1)
  • 201
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 18 filings

Trend over 17 financial years

20222021202020192018
Income statement
Gross margin1,4 M €1,5 M €–––
EBITDA190,5 k €289 k €-110,1 k €-130 k €-177,5 k €
Operating result190,5 k €289 k €-110,1 k €-130 k €-177,5 k €
Net result179,1 k €279,1 k €-113,9 k €-132,8 k €-179,8 k €
Balance sheet
Equity-258,2 k €-437,4 k €-716,4 k €-602,5 k €-469,8 k €
Total assets115,2 k €1,8 k €4,9 k €26,5 k €26,8 k €
Cash1,8 k €1,2 k €3,8 k €3,1 k €2 k €
Debts373,4 k €439,2 k €702,9 k €618,1 k €490,8 k €
Other
Workforce25,8 ETP27,4 ETP23,0 ETP20,1 ETP20,3 ETP

Board of directors

Source · NBB, accounts to 31/12/2022

3 active · 25 ended

Active mandates

ALGREEN CONSULTING

Director · since 30 septembre 2022 · until 26 mai 2028 · 0727.712.410

Represented by Délia GENTILINI

Active
BLUE VISION

Director · since 30 septembre 2022 · until 26 mai 2028 · 0825.642.917

Represented by Nicolas MARCHAND

Active
PARGECO

Managing director · since 30 septembre 2022 · until 26 mai 2028 · 0846.745.662

Represented by Thomas MARCHANDISE

Active

Ended mandates

NIELSATOR

Director · since 24 octobre 2018 · until 26 mai 2023 · 0636.742.048

Represented by Antoine Mettens

Ended
NIELSATOR

Director · since 24 octobre 2018 · until 26 mai 2023 · 0636.742.048

Represented by Antoine Mettens

Ended
PARGECO

Managing director · since 24 octobre 2018 · until 26 mai 2023 · 0846.745.662

Represented by Thomas Marchandise

Ended
PARGECO

Director · since 24 octobre 2018 · until 26 mai 2023 · 0846.745.662

Represented by Thomas MARCHANDISE

Ended

Other companies at this address

Koning Albert I-laan 244 8200 Brugge
CompanyCBE no.
FUN ANTWERPEN● Bankrupt
0861.310.114
FUN BELGIUM● Bankrupt
0440.072.766
FUN LOGISTICS● Bankrupt
0837.350.025
FUN NOORD● Bankrupt
0479.170.496
FUN OOST● Bankrupt
0479.170.201
FUN WEST● Bankrupt
0479.170.397
FUN ZUID● Bankrupt
0479.170.102
WIJNEN FEYS● Active
0435.364.308

Full financial information

Source · NBB
202220212020201920182017
Type of accountAbridged modelAbridged modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202201/01/202101/01/202001/01/201901/01/201801/01/2017
Closing of the financial year31/12/202231/12/202131/12/202031/12/201931/12/201831/12/2017
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/07/202314/07/202207/07/202121/06/202020/06/201903/07/2018
General meeting30/06/202307/07/202225/06/202129/05/202031/05/201929/06/2018
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, 18 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202230/06/202324/07/2023DutchPDF
Abridged model31/12/202107/07/202214/07/2022DutchPDF
Full model31/12/202025/06/202107/07/2021DutchPDF
Full model31/12/201929/05/202021/06/2020DutchPDF
Full model31/12/201831/05/201920/06/2019DutchPDF
Full model31/12/201729/06/201803/07/2018DutchPDF
Full model31/12/201626/05/201723/06/2017DutchPDF
Full model31/12/201527/05/201627/06/2016DutchPDF
Full model31/12/201430/06/201524/07/2015DutchPDF
Full model31/12/201330/06/201428/07/2014DutchPDF
Full model31/12/201229/06/201324/07/2013DutchPDF
Full model31/12/201125/05/201227/07/2012DutchPDF
Full model31/12/201027/05/201129/06/2011DutchPDF
Full model31/12/200928/05/201023/06/2010DutchPDF
Full model31/12/200829/05/200917/06/2009DutchPDF
Full modelCorrection31/12/200730/05/200823/09/2008DutchPDF
Full model31/12/200730/05/200826/06/2008DutchPDF
Full model31/12/200625/05/200729/06/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2022

3 active · 25 ended

Active mandates

ALGREEN CONSULTING

Director · since 30 septembre 2022 · until 26 mai 2028 · 0727.712.410

Represented by Délia GENTILINI

Active
BLUE VISION

Director · since 30 septembre 2022 · until 26 mai 2028 · 0825.642.917

Represented by Nicolas MARCHAND

Active
PARGECO

Managing director · since 30 septembre 2022 · until 26 mai 2028 · 0846.745.662

Represented by Thomas MARCHANDISE

Active

Ended mandates

NIELSATOR

Director · since 24 octobre 2018 · until 26 mai 2023 · 0636.742.048

Represented by Antoine Mettens

Ended
NIELSATOR

Director · since 24 octobre 2018 · until 26 mai 2023 · 0636.742.048

Represented by Antoine Mettens

Ended
PARGECO

Managing director · since 24 octobre 2018 · until 26 mai 2023 · 0846.745.662

Represented by Thomas Marchandise

Ended
PARGECO

Director · since 24 octobre 2018 · until 26 mai 2023 · 0846.745.662

Represented by Thomas MARCHANDISE

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates22/03/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/01/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/08/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/01/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/09/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/09/2017
    ONTSLAGEN - BENOEMINGEN
    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. 2022
    Annual accounts 2022179,1 k €↓
  2. 2021
    Annual accounts 2021279,1 k €↑
  3. 2020
    Annual accounts 2020-113,9 k €↑
  4. 2019
    Annual accounts 2019-132,8 k €↑
  5. 2018
    Annual accounts 2018-179,8 k €↑
  6. 2017
    Annual accounts 2017-212 k €↓
  7. 2016
    Annual accounts 2016-35 k €↑
  8. 2015
    Annual accounts 2015-82,4 k €↓
  9. 2014
    Annual accounts 2014-49,4 k €↓
  10. 2013
    Annual accounts 201323,7 k €↑
  11. 2012
    Annual accounts 20121,6 k €↑
  12. 2011
    Annual accounts 2011-12,7 k €↓
  13. 2010
    Annual accounts 2010-10,1 k €↓
  14. 2009
    Annual accounts 200921,6 k €↑
  15. 2008
    Annual accounts 200815,9 k €↑
  16. 2007
    Annual accounts 20078,5 k €↓
  17. 2006
    Annual accounts 200638,8 k €
  18. 03/10/2005
    IncorporationPublic limited company