OPENING OF BANKRUPTCY

QUIRYNEN ENERGY FARMING

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Company — Opening of bankruptcy.

Financial year 2021 · Closed on 31/12/2021

Net result-2,2 M €-240,8 %over 1 year

Revenue2,5 M €-77,0 %over 1 year

Equity167,6 k €-97,2 %over 1 year

Workforce3,9 ETP-54,1 %over 1 year

Identity

Source · BCE/KBO

QUIRYNEN ENERGY FARMING is a Private company with limited liability incorporated in 2006. Its main activity is: Production of electricity. Its registered office is in Merksplas. It employs on average 3,9 ETP workers (FTE).

Legal situation: Opening of bankruptcy
BCE/KBO no. / VAT: BE 0885.812.611
Incorporation: 20/12/2006
Legal form: Private company with limited liability
Registered office: Koekhoven 38 box 1
2330 Merksplas · FlandreSee on map
Contributed capital: 150 643,95 €
Latest accounts: 31/12/2021
Average workforce: 3,9 ETP

Activities (NACE)

35110Production of electricity· main 35110Production of electricity 29322Manufacture of other parts and accessories for motor vehicles 33120Repair of machinery 33120Repair of machinery 35210Manufacture of gas+3

Joint committees (2)

Signals

Healthy social debtsHigh revenue

Financials

Source · NBB, 16 filings

Trend over 7 financial years

	2021		2018		2013		2010		2009
Income statement
Revenue	2,5 M €	-77.0%	10,7 M €	+70.4%	6,3 M €		–		–
EBITDA	-507,3 k €	-113%	4 M €	+364%	870,6 k €	-60.9%	2,2 M €	+84.8%	1,2 M €
Operating result	-2,1 M €	-215%	1,8 M €	+1282%	-154,6 k €	-114%	1,1 M €	+589%	164,9 k €
Net result	-2,2 M €	-241%	1,5 M €	+106%	752,4 k €	-2.6%	772,9 k €	+433%	-232,1 k €
Balance sheet
Equity	167,6 k €	-97.2%	6 M €	+2222%	-283,5 k €	+59.6%	-701,4 k €	+52.4%	-1,5 M €
Total assets	5,6 M €	-66.1%	16,6 M €	+19.2%	13,9 M €	+31.0%	10,6 M €	-3.9%	11 M €
Cash	5,7 k €	-91.7%	68,3 k €	+325%	16,1 k €	-66.8%	48,4 k €	-90.8%	528,4 k €
Debts	5,1 M €	-49.3%	10 M €	-29.0%	14,1 M €	+24.5%	11,3 M €	-9.7%	12,5 M €
Other
Workforce	3,9 ETP	-54.1%	8,5 ETP	+49.1%	5,7 ETP	+111%	2,7 ETP	-12.9%	3,1 ETP

Board of directors

Source · NBB, accounts to 31/12/2021

1 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jimmy Quirynen	Associatesince 01/08/2021Manager18/12/2006 → 01/01/2016ended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Q-INVEST0894.718.102Represented by Quirynen Jimmy	Director01/01/2016 → 2020 accountsManager01/01/2016 → 2019 accounts
Bart Quirynen	Manager18/12/2006 → 2007 accounts

Other companies at this address

Koekhoven 38 2330 Merksplas

Company	CBE no.
De Bosduif● Active	0660.988.286
FBJ-holding● Active	0795.354.468
Groep Quirynen● Active	0738.395.474
JQ-MANAGEMENT● Active	0756.474.294
Kempense Veehouderij● Active	1020.283.909
LokaQ-Holding● Active	1011.714.849
MILQ● Active	0799.907.134
QILOWATT● Active	0799.907.332
Q-INVEST● Active	0894.718.102
Q-TRADE M● Bankrupt	0473.950.413
Quirynen Dairy Farming● Active	0472.635.567
QUIRYNEN-OVERSTEYNS● Active	0899.751.808

Full financial information

Source · NBB

	2021	2020	2019	2018	2017	2016
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	31/08/2022	23/09/2021	15/12/2020	30/08/2019	12/09/2018	31/08/2017
General meeting	30/08/2022	17/09/2021	26/08/2020	19/06/2019	11/07/2018	12/07/2017
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 16 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2021	30/08/2022	31/08/2022	Dutch	PDF
Full model	31/12/2020	17/09/2021	23/09/2021	Dutch	PDF
Full model	31/12/2019	26/08/2020	15/12/2020	Dutch	PDF
Full model	31/12/2018	19/06/2019	30/08/2019	Dutch	PDF
Full model	31/12/2017	11/07/2018	12/09/2018	Dutch	PDF
Full model	31/12/2016	12/07/2017	31/08/2017	Dutch	PDF
Full modelCorrection	31/12/2015	15/06/2016	27/06/2016	Dutch	PDF
Full model	31/12/2015	15/06/2016	17/06/2016	Dutch	PDF
Full model	31/12/2014	08/07/2015	31/08/2015	Dutch	PDF
Full model	31/12/2013	09/07/2014	14/08/2014	Dutch	PDF
Full model	31/12/2012	19/06/2013	12/07/2013	Dutch	PDF
Abridged model	31/12/2011	20/06/2012	23/08/2012	Dutch	PDF
Abridged model	31/12/2010	15/06/2011	30/06/2011	Dutch	PDF
Abridged model	31/12/2009	16/06/2010	14/07/2010	Dutch	PDF
Abridged model	31/12/2008	17/06/2009	27/07/2009	Dutch	PDF
Abridged model	31/12/2007	18/06/2008	30/06/2008	Dutch	PDF

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 31/12/2021

1 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jimmy Quirynen	Associatesince 01/08/2021Manager18/12/2006 → 01/01/2016ended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Q-INVEST0894.718.102Represented by Quirynen Jimmy	Director01/01/2016 → 2020 accountsManager01/01/2016 → 2019 accounts
Bart Quirynen	Manager18/12/2006 → 2007 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates22/09/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/12/2018
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring05/03/2018
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring22/12/2017
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Other25/04/2017
DOEL
PDF
Mandates19/07/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/03/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/10/2012
ONTSLAGEN - BENOEMINGEN
PDF

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Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings7 filings

Mandates

Jimmy Quirynen

Q-INVEST

Frank Quirynen

Bart Quirynen

200620072008200920102011201220132014201520162017201820192020202120222023202420252026

QUIRYNEN ENERGY FARMING

Koekhoven 38 bte 1, 2330 Merksplas

AssociateManager

DirectorManager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Koekhoven 38 bte 1, 2330 MerksplasCurrent	accounts 2021	Accounts 2021 · 2022-20386782

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
QUIRYNEN ENERGY FARMINGCurrent	accounts 2007 → 2021	Accounts 2021 · 2022-20386782

Events

2021
Annual accounts 2021-2,2 M €↓
2018
Annual accounts 20181,5 M €↑
2013
Annual accounts 2013752,4 k €↓
2010
Annual accounts 2010772,9 k €↑
2009
Annual accounts 2009-232,1 k €↑
2008
Annual accounts 2008-1,2 M €↓
2007
Annual accounts 2007-193,5 k €
20/12/2006
IncorporationPrivate company with limited liability

QUIRYNEN ENERGY FARMING

Overview

Identity

Financials

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

Timeline

Registered offices

Company names

Events