Hoorens Printing
The KBO register records legal situation 050 for Hoorens Printing (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2019 annual accounts show equity of €5.02M and a net result of €-2.92M.
| Equity | €5.02M |
| Net result | €-2.92M |
| Staff (FTE) | 78.5 |
| Active | 66 yrs |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
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See plans →| Fiscal year | 2019 |
|---|---|
| Deposit | volledig |
| Revenue | €30.70M |
| EBITDA | €-689k |
| Net profit | €-2.92M |
| Cash flow | €-1.32M |
| Staff costs | - |
| Income taxes | €6k |
| Dividends | €0 |
| Total assets | €24.68M |
| Equity | €5.02M |
| Debt | €19.66M |
| of which ≤ 1y | €17.42M |
| of which > 1y | €3.05M |
| Working capital | €-7.13M |
| Employees (FTE) | 78.5 |
| 2019 | |
|---|---|
| Current ratio | 0.59 |
| Quick ratio | 0.44 |
| Working capital ratio | -28.9% |
| Solvency | 20.4% |
| Debt / equity | 0.61 |
| Long-term debt ratio | 0.61 |
| Interest coverage | -3.26 |
| Gross margin | - |
| Net margin | -9.5% |
| ROA | -11.8% |
| ROE | -58.1% |
| EBITDA margin | -2.2% |
| Days sales outstanding | 76d |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2019 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €24.68M |
| Fixed assets | 21/28 | €15.35M |
| Formation expenses | 20 | €0 |
| Intangible fixed assets | 21 | €92k |
| Tangible fixed assets | 22/27 | €15.26M |
| Current assets | 29/58 | €10.29M |
| Stocks & contracts in progress | 3 | €2.56M |
| Amounts receivable within one year | 40/41 | €6.43M |
| Cash & bank | 54/58 | €1.20M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €24.68M |
| Equity | 10/15 | €5.02M |
| Contributions / capital | 10/11 | €3.45M |
| Reserves | 13 | €727k |
| Accumulated profits (losses) | 14 | €-2.92M |
| Amounts payable | 17/49 | €19.66M |
| Amounts payable after one year | 17 | €3.05M |
| Amounts payable within one year | 42/48 | €17.42M |
| Trade debts payable within one year | 44 | €7.27M |
| Income statement | ||
| Turnover | 70 | €30.70M |
| Operating result | 9901 | €-2.29M |
| Financial income | 75 | €23k |
| Financial charges | 65 | €452k |
| Result before taxes | 9903 | €-2.72M |
| Income taxes | 67/77 | €6k |
| Net result for the period | 9904 | €-2.72M |
| Result to be appropriated | 9905 | €-2.72M |
Historic, not recently confirmed (3)
-
Christophe HoorensManaging directorState Gazette act 17122857 (24-08-2017)Not recently confirmedlast confirmed in an act from 2017
4 events
- 24-08-2017 Appointed· Managing director
- 20-09-2011 Appointed· Director
- 20-09-2011 Appointed· Managing director
- 20-09-2011 Appointed· Voorzitter van de raad van bestuur
-
NV Chyvmar NVLegal entityDirectorState Gazette act 11142027 (20-09-2011)Not recently confirmedlast confirmed in an act from 2011
-
NV MachybellLegal entityDirectorState Gazette act 11142027 (20-09-2011)Not recently confirmedlast confirmed in an act from 2011
Permanent representatives (3)
-
Yvette Van FleterenVaste vertegenwoordigerState Gazette act 11142027 (20-09-2011)Permanent representative20-09-2011 → present
-
Hoorens ChristopheVaste vertegenwoordigerState Gazette act 11034318 (03-03-2011)Permanent representative03-03-2011 → present
-
Hoorens MarcVaste vertegenwoordigerState Gazette act 11034318 (03-03-2011)Permanent representative- → 03-03-2011
Former directors (2)
-
Tino SpillebeenDirectorState Gazette act 20057232 (13-05-2020)Former- → 13-05-2020
-
Yvette VanfleterenVast vertegenwoordiger van machybell nvState Gazette act 17122857 (24-08-2017)Former- → 24-08-2017
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| Bart Roobrouck Commissaris revisor succeeded by VRC Bedrijfsrevisoren CVBA in 2019 |
- | 05-10-2015 → 29-11-2019 |
| Depoorter Karel Statutory auditor |
- | - → 06-05-2010 |
| Karel Depoorter Commissaris revisor succeeded by VRC-Bedrijfsrevisoren in 2010 |
- | 13-10-2003 → 06-05-2010 |
| Roobrouck Bart Statutory auditor succeeded by Bart Roobrouck in 2015 |
- | 06-05-2010 → 05-10-2015 |
| VRC Bedrijfsrevisoren CVBA Commissaris revisor |
- | 29-11-2019 → 29-11-2019 |
| VRC-Bedrijfsrevisoren Statutory auditor succeeded by Bart Roobrouck in 2015 |
- | 06-05-2010 → 05-10-2015 |
| NACE primary | 18120 |
| Legal form | Public limited company(014) |
| Incorporation | 20-05-1960 |
| Status | Active |
| Postal code | 8501 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34016B0652/00A002 | Flanders | 1.4 ha | 1 · 1.0 ha | 13.2 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
03-07-2020 Voluntary dissolution, liquidation opened
Technical details
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}13-05-2020 Tino Spillebeen resigns as director
- Tino Spillebeen, Bestuurder
Technical details
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}19-12-2019 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
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"address": "Ringlaan(Heu) 12, 8501 Kortrijk",
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"exchange_ratio_text": null,
"new_shares_issued_n": 5941,
"real_estate_included": false,
"patrimony_description": "De inbreng in natura bestaat uit schuldvorderingen in het bedrag van \u20AC1.450.000,00. Deze worden ingebracht als tegenprestatie voor 5.941 nieuwe aandelen zonder nominale waarde.",
"equity_transferred_eur": 1450000.0,
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},
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"person_name": "Stefaan LAGA",
"org_rep_person_name": null
},
"summary_narrative": "De algemene vergadering van Hoorens Printing besloot op 13 december 2019 een kapitaalverhoging met \u20AC1.450.000,00 door inbreng in natura van schuldvorderingen. Hiervoor werden 5.941 nieuwe aandelen zonder nominale waarde uitgegeven, volledig volgestort. De besluiten zijn uitgevoerd op basis van een verslag van de commissaris en de bedrijfsrevisor, die een oordeel zonder voorbehoud hebben uitgesproken over de waarde en beschrijving van de inbreng.",
"co_filed_documents": [
"expeditie van de akte dd. 13/12/2019 met aangehechte volmacht",
"verslag van de raad van bestuur omtrent de inbreng in natura",
"verslag van de bedrijfsrevisor omtrent de inbreng in natura",
"geco\u00F6rdineerde statuten met lijst publicatiedata"
],
"detected_real_type": "other",
"referenced_correction": null,
"should_reroute_to_category": "capital_shares"
}29-11-2019 VRC Bedrijfsrevisoren CVBA appointed as commissaris revisor
- VRC Bedrijfsrevisoren CVBA, Commissaris revisor
Technical details
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}24-08-2017 1 director appointed, 1 resigning
- Christophe Hoorens, Gedelegeerd bestuurder
- Yvette Vanfleteren, Vast vertegenwoordiger van machybell nv
Technical details
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}26-10-2015 Change in the board of directors
Technical details
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}05-10-2015 Bart Roobrouck appointed as commissaris revisor
- Bart Roobrouck, Commissaris revisor
Technical details
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}20-09-2011 6 directors appointed
- Hoorens Christophe, Bestuurder
- Yvette Van Fleteren, Vaste vertegenwoordiger
- Hoorens Christophe, Gedelegeerd bestuurder
- Hoorens Christophe, Voorzitter van de raad van bestuur
- NV Chyvmar NV, Bestuurder
- NV Machybell, Bestuurder
Technical details
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}03-03-2011 1 director appointed, 1 resigning
- Hoorens Christophe, Vaste vertegenwoordiger
- Hoorens Marc, Vaste vertegenwoordiger
Technical details
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}06-05-2010 2 directors appointed, 1 resigning
- VRC-Bedrijfsrevisoren, Commissaris
- Roobrouck Bart, Commissaris
- Depoorter Karel, Commissaris
Technical details
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}13-10-2003 Karel Depoorter appointed as commissaris revisor
- Karel Depoorter, Commissaris revisor
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Hoorens Printing |