OPENING OF BANKRUPTCY

VIERENDEELS - WELLEMANS

Company — Opening of bankruptcy.

Financial year 2018 · Closed on 31/12/2018

Net result-82,3 k €-353,6 %over 1 year
Gross margin434,9 k €-30,7 %over 1 year
Equity41,4 k €-66,6 %over 1 year
Workforce7,8 ETP-26,4 %over 1 year

Identity

Source · BCE/KBO

VIERENDEELS - WELLEMANS is a Private company with limited liability incorporated in 2007. Its main activity is: Specialised construction activities. Its registered office is in Ternat. It employs on average 7,8 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0894.146.394
Incorporation
13/12/2007
Legal form
Private company with limited liability
Registered office
Asbaan 34
1742 Ternat · FlandreSee on map
Latest accounts
31/12/2018
Average workforce
7,8 ETP
Joint committees (1)
  • 124
Signals
Positive EBITDAHealthy social debts

Financials

Source · NBB, 11 filings

Trend over 11 financial years

20182017201620152014
Income statement
Gross margin434,9 k €627,7 k €730 k €590,8 k €320,6 k €
EBITDA357,8 €135,7 k €131,9 k €119,7 k €69,5 k €
Operating result-34,6 k €65,8 k €46,9 k €62,9 k €28,1 k €
Net result-82,3 k €32,5 k €15,4 k €47,2 k €13,3 k €
Balance sheet
Equity41,4 k €123,7 k €91,2 k €90,8 k €98,4 k €
Total assets946,5 k €873,6 k €908,5 k €766,4 k €355 k €
Cash23,1 k €26,2 k €97,7 k €148,5 k €98,9 k €
Debts901,9 k €749,9 k €817,3 k €675,6 k €256,3 k €
Other
Workforce7,8 ETP10,6 ETP13,0 ETP10,0 ETP5,4 ETP

Board of directors

Source · NBB, accounts to 31/12/2018

1 active · 3 ended

Active mandates

GEOFFREY VIERENDEELS

Manager

Active

Ended mandates

GEOFFREY VIERENDEELS

Administrator - manager · since 01 janvier 2008

Ended
KURT WELLEMANS

Administrator - manager · since 01 janvier 2008

Ended
KURT WELLEMANS

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 date13/11/201929/08/201806/07/201721/06/201630/06/201520/06/2014
General meeting15/08/201916/08/201830/06/201718/06/201620/06/201514/06/2014
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, 11 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/201815/08/201913/11/2019DutchPDF
Abridged model31/12/201716/08/201829/08/2018DutchPDF
Abridged model31/12/201630/06/201706/07/2017DutchPDF
Abridged model31/12/201518/06/201621/06/2016DutchPDF
Abridged model31/12/201420/06/201530/06/2015DutchPDF
Abridged model31/12/201314/06/201420/06/2014DutchPDF
Abridged model31/12/201215/06/201315/07/2013DutchPDF
Abridged model31/12/201116/06/201210/07/2012DutchPDF
Abridged model31/12/201030/06/201119/07/2011DutchPDF
Abridged model31/12/200919/06/201015/07/2010DutchPDF
Abridged model31/12/200815/07/200917/07/2009DutchPDF

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.

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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 · 3 ended

Active mandates

GEOFFREY VIERENDEELS

Manager

Active

Ended mandates

GEOFFREY VIERENDEELS

Administrator - manager · since 01 janvier 2008

Ended
KURT WELLEMANS

Administrator - manager · since 01 janvier 2008

Ended
KURT WELLEMANS

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates07/04/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office17/09/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office06/08/2008
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other21/12/2007
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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. 2018
    Annual accounts 2018-82,3 k €↓
  2. 2017
    Annual accounts 201732,5 k €↑
  3. 2016
    Annual accounts 201615,4 k €↓
  4. 2015
    Annual accounts 201547,2 k €↑
  5. 2014
    Annual accounts 201413,3 k €↓
  6. 2013
    Annual accounts 201327,2 k €↑
  7. 2012
    Annual accounts 20127,9 k €↓
  8. 2011
    Annual accounts 201155,9 k €↑
  9. 2010
    Annual accounts 201060,5 €↓
  10. 2009
    Annual accounts 20092,4 k €↓
  11. 2008
    Annual accounts 200825,2 k €
  12. 13/12/2007
    IncorporationPrivate company with limited liability