ROYAL EXCEL MOUSCRON
A bankruptcy procedure is open for ROYAL EXCEL MOUSCRON according to publications in the Belgian State Gazette. The 2021 annual accounts show negative equity (€-9.30M) and a net result of €-9.36M.
| Equity | €-9.30M |
| Net result | €-9.36M |
| Staff (FTE) | 60.6 |
| Better than sector | 5% |
Fragile profile, watch stability 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.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -202.7% | 41.8% | |
| Net result | €716k | €2k | |
| Equity | €-9.30M | €97k | |
| Employees (FTE) | 60.6 | 8.4 | |
| Total assets | €4.59M | €1.11M |
Show 13 other metrics
| Fiscal year | 2021 |
|---|---|
| Deposit | volledig |
| Revenue | €8.86M |
| EBITDA | €1.26M |
| Net profit | €-9.36M |
| Cash flow | €-8.84M |
| Staff costs | - |
| Income taxes | €4k |
| Dividends | - |
| Total assets | €4.59M |
| Equity | €-9.30M |
| Debt | €13.89M |
| of which ≤ 1y | €2.90M |
| of which > 1y | €10.73M |
| Working capital | €441k |
| Employees (FTE) | 60.6 |
| 2021 | |
|---|---|
| Current ratio | 1.15 |
| Quick ratio | 1.14 |
| Working capital ratio | 9.6% |
| Solvency | -202.7% |
| Debt / equity | -1.15 |
| Long-term debt ratio | -1.15 |
| Interest coverage | 5507.02 |
| Gross margin | - |
| Net margin | -105.7% |
| ROA | -204.0% |
| ROE | 100.7% |
| EBITDA margin | 14.2% |
| Days sales outstanding | 106d |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (25 line items)
| Line item | Code | 2021 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €4.59M |
| Fixed assets | 21/28 | €1.24M |
| Intangible fixed assets | 21 | €533k |
| Tangible fixed assets | 22/27 | €708k |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €3.35M |
| Stocks & contracts in progress | 3 | €24k |
| Amounts receivable within one year | 40/41 | €2.57M |
| Cash & bank | 54/58 | €74k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4.59M |
| Equity | 10/15 | €-9.30M |
| Contributions / capital | 10/11 | €62k |
| Accumulated profits (losses) | 14 | €-9.36M |
| Amounts payable | 17/49 | €13.89M |
| Amounts payable after one year | 17 | €10.73M |
| Amounts payable within one year | 42/48 | €2.90M |
| Trade debts payable within one year | 44 | €1.31M |
| Income statement | ||
| Turnover | 70 | €8.86M |
| Operating result | 9901 | €734k |
| Financial income | 75 | €119 |
| Financial charges | 65 | €14k |
| Result before taxes | 9903 | €721k |
| Income taxes | 67/77 | €4k |
| Net result for the period | 9904 | €716k |
| Result to be appropriated | 9905 | €716k |
-
Lopez GerardoDirectorState Gazette act 20101092 (02-09-2020)Current02-09-2020 → present
-
Zimmer ClaudeDirectorState Gazette act 20101092 (02-09-2020)Current02-09-2020 → present
-
Michel FranceusDirectorState Gazette act 22020504 (15-02-2022)Current18-12-2015 → present
2 events
- 15-02-2022 Appointed· Director
- 18-12-2015 Appointed· Administrator
Historic, not recently confirmed (9)
-
Nicolas DumonceauAuditorState Gazette act 19151711 (21-11-2019)Not recently confirmedlast confirmed in an act from 2019
-
DECLERCK Patrick Georges ArthurDirectorState Gazette act 18153585 (18-10-2018)Not recently confirmedlast confirmed in an act from 2018
2 events
- 18-10-2018 Appointed· Director
- 18-10-2018 Appointed· Président du conseil d'administration
-
FRANCEUS Michel Georges Henri GhislainDirectorState Gazette act 18153585 (18-10-2018)Not recently confirmedlast confirmed in an act from 2018
2 events
- 18-10-2018 Appointed· Director
- 18-10-2018 Appointed· Vice président du conseil d'administration
-
Bart MeynendonckxAuditorState Gazette act 17042989 (23-03-2017)Not recently confirmedlast confirmed in an act from 2017
-
Patrick DeclerckDirectorState Gazette act 16154866 (09-11-2016)Not recently confirmedlast confirmed in an act from 2016
3 events
- 09-11-2016 Appointed· Director
- 09-11-2016 Appointed· Président du conseil d'administration
- 23-03-2015 Appointed· Director
-
Paul AllaertsDirecteur généralState Gazette act 16154866 (09-11-2016)Not recently confirmedlast confirmed in an act from 2016
-
Adar ZahaviAdministratorState Gazette act 15176378 (18-12-2015)Not recently confirmedlast confirmed in an act from 2015
2 events
- 17-05-2018 Resigned· Director
- 18-12-2015 Appointed· Administrator
-
Gil ZahaviAdministratorState Gazette act 15176378 (18-12-2015)Not recently confirmedlast confirmed in an act from 2015
2 events
- 17-05-2018 Resigned· Director
- 18-12-2015 Appointed· Administrator
-
Johannes DiederichAdministratorState Gazette act 15176378 (18-12-2015)Not recently confirmedlast confirmed in an act from 2015
2 events
- 17-05-2018 Resigned· Director
- 18-12-2015 Appointed· Administrator
Former directors (13)
-
PIEMPONGSANT PairojDirectorState Gazette act 18153585 (18-10-2018)Former17-05-2018 → 02-09-2020
3 events
- 02-09-2020 Resigned· Director
- 18-10-2018 Appointed· Director
- 17-05-2018 Appointed· Director
-
PIEMPONGSANT PhubateDirectorState Gazette act 18153585 (18-10-2018)Former17-05-2018 → 02-09-2020
3 events
- 02-09-2020 Resigned· Director
- 18-10-2018 Appointed· Director
- 17-05-2018 Appointed· Director
-
TOTIC AlmirDirectorState Gazette act 18153585 (18-10-2018)Former17-05-2018 → 02-09-2020
3 events
- 02-09-2020 Resigned· Director
- 18-10-2018 Appointed· Director
- 17-05-2018 Appointed· Director
-
Edward Van DaeleAdministratorState Gazette act 15176378 (18-12-2015)Former18-12-2015 → 09-11-2016
2 events
- 09-11-2016 Resigned· Director
- 18-12-2015 Appointed· Administrator
-
Yves DekegeleerAdministratorState Gazette act 15176378 (18-12-2015)Former18-12-2015 → 08-04-2016
2 events
- 08-04-2016 Resigned· Director
- 18-12-2015 Appointed· Administrator
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | GAUTHIER LEFEBVRE RUE DE L’ATHENEE 38,
7500 TOURNAI |
08-06-2022 → present | Belgian State Gazette |
| Curator | THIERRY OPSOMER CHAUSSEE DE WARNETON, 340, 7784 WARNETON-
.
Date provisoire de cessation de paiement : 08/06/2022 |
08-06-2022 → present | Belgian State Gazette |
| NACE primary | Overige sportactiviteiten, neg(93199) |
| Legal form | Public limited company(014) |
| Incorporation | 27-04-2010 |
| Status | Active |
| Postal code | 7700 |
| First BS signal | 14-06-2022 |
| Latest BS signal | 14-06-2022 |
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. |
|---|---|---|---|---|
| 54432C0353/00K000indicative | Wallonia | 582 m² | 1 · 110 m² | 7.7 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 22 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
15-02-2022 Michel Franceus appointed as director
- Michel Franceus, Bestuurder
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}02-09-2020 2 directors appointed, 3 resigning
- Lopez Gerardo, Bestuurder
- Zimmer Claude, Bestuurder
- Piempongsant Pairoj, Bestuurder
- Piempongsant Phubate, Bestuurder
- Totic Almir, Bestuurder
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}21-11-2019 Nicolas Dumonceau appointed as auditor
- Nicolas Dumonceau, Auditor
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}14-03-2019 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
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"balance_basis_date": null,
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"summary_narrative": "Le Tribunal de l\u0027Entreprise du Hainaut, division Tournai, a rendu une ordonnance le 27 f\u00E9vrier 2019 autorisant la d\u00E9signation de deux administrateurs provisoires pour la SA ROYAL EXCEL MOUSCRON. Ces administrateurs, Ma\u00EEtre Gauthier Lefebvre et Ma\u00EEtre Thierry Opsomer, ont \u00E9t\u00E9 charg\u00E9s d\u0027assurer la gestion exclusive de la soci\u00E9t\u00E9 jusqu\u0027au 2 avril 2019, sous r\u00E9serve de prorogation ou de d\u00E9charge anticip\u00E9e.",
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}18-10-2018 7 directors appointed
- FRANCEUS Michel Georges Henri Ghislain, Bestuurder
- DECLERCK Patrick Georges Arthur, Bestuurder
- PIEMPONGSANT Phubate, Bestuurder
- PIEMPONGSANT Pairoj, Bestuurder
- TOTIC Almir, Bestuurder
- DECLERCK Patrick Georges Arthur, Président du conseil d'administration
- FRANCEUS Michel Georges Henri Ghislain, Vice président du conseil d'administration
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}17-05-2018 3 directors appointed, 3 resigning
- PIEMPONGSANT Pairoj, Bestuurder
- TOTIC Almir, Bestuurder
- PIEMPONGSANT Phubate, Bestuurder
- ZAHAVI Adar, Bestuurder
- DIEDERICH Johannes, Bestuurder
- ZAHAVI Gil, Bestuurder
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}23-03-2017 Bart Meynendonckx appointed as auditor
- Bart Meynendonckx, Auditor
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}09-11-2016 3 directors appointed, 1 resigning
- Patrick Declerck, Bestuurder
- Patrick Declerck, Président du conseil d'administration
- Paul Allaerts, Directeur général
- Edward Van Daele, Bestuurder
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}08-04-2016 Yves Dekegeleer resigns as director
- Yves Dekegeleer, Bestuurder
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}01-04-2016 Marc Rautenberg resigns as director
- Marc Rautenberg, Bestuurder
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}18-12-2015 7 directors appointed, 5 resigning
- Edward Van Daele, Administrator
- Michel Franceus, Administrator
- Yves Dekegeleer, Administrator
- Marc Rautenberg, Administrator
- Adar Zahavi, Administrator
- Gil Zahavi, Administrator
- Johannes Diederich, Administrator
- Patrick Declerch, Administrator
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}30-11-2015 2 resigning
- Frédéric PAQUET, Bestuurder
- Jean-Michel VANDAMME, Bestuurder
Technical details
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}23-03-2015 2 directors appointed
- Mathilde Vandorpe, Bestuurder
- Patrick Declerck, Bestuurder
Technical details
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}13-04-2011 Articles of association amended
Technical details
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}| Legal nameFR | ROYAL EXCEL MOUSCRON |
| AbbreviationFR | REM |