OPENING OF BANKRUPTCY

EXPRESS BAR

Financial year 2021 · closed on 31/12/2021
Net result
-11,4 k €
+4.2% YoY
Gross margin
84,1 k €
-76.7% YoY
Equity
-29 k €
-226.8% YoY
Workforce
3,0 ETP
-59.5% YoY

Company — Opening of bankruptcy.

Strike-off: 03 juillet 2026

What does EXPRESS BAR do?

EXPRESS BAR is a Private company with limited liability incorporated in 2007. It employs on average 3,0 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0886.969.780
Incorporation
02/02/2007
Legal form
Private company with limited liability
Contributed capital
18 600,00 €
Latest accounts
31/12/2021
Average workforce
3,0 ETP
Joint committees (1)
  • 302
Signals
Positive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202120152014201320122011201020092008
Income statement
Gross margin84,1 k €360,8 k €404,6 k €383,6 k €320,2 k €206,3 k €163,4 k €167,2 k €158,2 k €
EBITDA18,5 k €73,8 k €124,3 k €96,1 k €106,1 k €55,9 k €60,5 k €66,6 k €54 k €
Operating result-9,2 k €4,2 k €54,5 k €26,1 k €33,8 k €-2,6 k €25,4 k €32,3 k €-5,2 k €
Net result-11,4 k €-11,9 k €18,1 k €3 k €11,9 k €-11,5 k €11 k €7,2 k €-23,5 k €
Balance sheet
Equity-29 k €22,9 k €34,8 k €16,7 k €13,8 k €1,8 k €13,3 k €2,3 k €-4,9 k €
Total assets194,9 k €371,5 k €474,4 k €514,1 k €566,9 k €482,6 k €226,9 k €249 k €286,7 k €
Cash75,4 k €34,3 k €52,8 k €40,6 k €52,7 k €35,1 k €24,4 k €13,2 k €
Debts223,8 k €348,1 k €438,4 k €497,3 k €551,7 k €480,1 k €213,5 k €246,7 k €291,7 k €
Other
Workforce3,0 ETP7,4 ETP7,3 ETP7,9 ETP5,8 ETP4,8 ETP3,1 ETP3,2 ETP2,4 ETP
Governance

Board of directors

Seen on filing of 31/12/2021 · 1 active · 5 ended

Active mandates

Gert Boons

Bestuurder · since 01 février 2007

Active

Ended mandates

Gert Boons

Director · since 01 février 2007

Ended
Gert Boons

Manager · since 01 février 2007

Ended
Gert Boons

Manager

Ended
Jan Van Remortel

Manager

Ended
Annual accounts

Full financial information

202120202019201820172016
Type of accountAbridged modelAbridged modelMicro modelMicro modelAbridged modelAbridged model
Start of the financial year01/01/202101/01/202001/01/201901/01/201801/01/201701/01/2016
Closing of the financial year31/12/202131/12/202031/12/201931/12/201831/12/201731/12/2016
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date05/09/202230/07/202128/08/202021/08/201930/07/201831/08/2017
General meeting31/05/202230/06/202124/08/202028/06/201930/06/201831/05/2017
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202131/05/202205/09/2022DutchPDF
Abridged model31/12/202030/06/202130/07/2021DutchPDF
Micro model31/12/201924/08/202028/08/2020DutchPDF
Micro model31/12/201828/06/201921/08/2019DutchPDF
Abridged model31/12/201730/06/201830/07/2018DutchPDF
Abridged model31/12/201631/05/201731/08/2017DutchPDF
Abridged model31/12/201531/05/201615/07/2016DutchPDF
Abridged model31/12/201429/05/201514/07/2015DutchPDF
Abridged model31/12/201331/05/201404/07/2014DutchPDF
Abridged model31/12/201231/05/201304/07/2013DutchPDF
Abridged model31/12/201131/05/201213/07/2012DutchPDF
Abridged model31/12/201031/05/201106/06/2011DutchPDF
Abridged model31/12/200931/05/201024/06/2010DutchPDF
Abridged model31/12/200829/05/200929/06/2009DutchPDF
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 · 1 active · 5 ended

Active mandates

Gert Boons

Bestuurder · since 01 février 2007

Active

Ended mandates

Gert Boons

Director · since 01 février 2007

Ended
Gert Boons

Manager · since 01 février 2007

Ended
Gert Boons

Manager

Ended
Jan Van Remortel

Manager

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2021
    Annual accounts 2021-11,4 k €
  2. 2015
    Annual accounts 2015-11,9 k €
  3. 2014
    Annual accounts 201418,1 k €
  4. 2013
    Annual accounts 20133 k €
  5. 2012
    Annual accounts 201211,9 k €
  6. 2011
    Annual accounts 2011-11,5 k €
  7. 2010
    Annual accounts 201011 k €
  8. 2009
    Annual accounts 20097,2 k €
  9. 2008
    Annual accounts 2008-23,5 k €
  10. 02/02/2007
    IncorporationPrivate company with limited liability