OPENING OF BANKRUPTCY

N. SHAH EN CO

Company — Opening of bankruptcy.

Financial year 2019 · Closed on 31/12/2019

Net result-1,3 M €-81,3 %over 1 year
Revenue3,9 M €-76,4 %over 1 year
Equity2,1 M €-39,2 %over 1 year

Identity

Source · BCE/KBO

N. SHAH EN CO is a Private company with limited liability incorporated in 1982. Its main activity is: Wholesale of other intermediate products. Its registered office is in Antwerpen.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0423.306.119
Incorporation
23/11/1982
Legal form
Private company with limited liability
Registered office
Hoveniersstraat 53 box 6
2018 Antwerpen · FlandreSee on map
Contributed capital
142 600,00 €
Latest accounts
31/12/2019
Signals
Good liquidityHigh revenue

Financials

Source · NBB, 15 filings

Trend over 12 financial years

20192018201720162015
Income statement
Revenue3,9 M €16,7 M €16,2 M €41,7 M €58,6 M €
EBITDA-1,3 M €-513,1 k €294,7 k €506,8 k €628 k €
Operating result-1,3 M €-528,6 k €279,2 k €489,2 k €610 k €
Net result-1,3 M €-736,8 k €-24,7 k €3,2 k €83,2 k €
Balance sheet
Equity2,1 M €3,4 M €4,1 M €4,2 M €4,2 M €
Total assets14,2 M €19 M €25,1 M €30,4 M €34,3 M €
Cash4,8 k €1,9 k €6,6 k €4,5 k €3,6 k €
Debts12,2 M €15,5 M €20,9 M €25,9 M €30,1 M €
Other
Workforce–0,1 ETP–––

Board of directors

Source · NBB, accounts to 31/12/2019

1 active · 3 ended

Active mandates

Naresh Babubhai SHAH

Director

Active

Ended mandates

Naresh Babubhai SHAH

Administrator - manager

Ended
Naresh Babubhai SHAH

Manager

Ended
NARESH SHAH

Manager

Ended

Other companies at this address

Hoveniersstraat 53 2018 Antwerpen
CompanyCBE no.
ADAMAS DIAMOND TRADING● Liquidation
0427.208.883
AGL Pearls● Active
0866.044.209
AKOSTAR● Active
0658.807.667
ALBEX DIAM● Active
0681.445.982
ALROSA BELGIUM● Bankrupt
0463.468.572
ANEESH● Active
0436.205.535
ARION● Active
0765.945.256
ASPECO BELGIUM● Active
0465.442.820
0536.527.388
BOSUIL● Active
0769.796.057
0667.661.787
0450.425.933
Corada● Active
0568.868.277
DHRUV STAR● Active
0478.124.678
0404.947.680
DIAMSTONES● Active
0440.710.095
DIARAYS● Active
0675.994.285
DIASTAR● Active
0421.691.761
DIMEXON ANTWERP● Active
0874.584.266
D.N. GEMS● Active
0863.551.210

Full financial information

Source · NBB
201920182017201620152014
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/201901/01/201801/01/201701/01/201601/01/201501/01/2014
Closing of the financial year31/12/201931/12/201831/12/201731/12/201631/12/201531/12/2014
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/09/202110/09/201931/08/201829/09/201731/08/201630/06/2015
General meeting24/09/202129/08/201930/08/201821/09/201730/08/201626/06/2015
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, 15 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/201924/09/202127/09/2021DutchPDF
Full modelCorrection31/12/201829/08/201910/09/2019DutchPDF
Full model31/12/201829/08/201930/08/2019DutchPDF
Full model31/12/201730/08/201831/08/2018DutchPDF
Full model31/12/201621/09/201729/09/2017DutchPDF
Full model31/12/201530/08/201631/08/2016DutchPDF
Full model31/12/201426/06/201530/06/2015DutchPDF
Full model31/12/201327/08/201428/08/2014DutchPDF
Full model31/12/201219/07/201331/07/2013DutchPDF
Full model31/12/201125/07/201230/08/2012DutchPDF
Full model31/12/201027/07/201128/07/2011DutchPDF
Full model31/12/200926/05/201027/07/2010DutchPDF
Full model31/12/200827/05/200931/08/2009DutchPDF
Full model31/12/200728/05/200826/08/2008DutchPDF
Full model31/12/200630/05/200719/07/2007DutchPDF

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 31/12/2019

1 active · 3 ended

Active mandates

Naresh Babubhai SHAH

Director

Active

Ended mandates

Naresh Babubhai SHAH

Administrator - manager

Ended
Naresh Babubhai SHAH

Manager

Ended
NARESH SHAH

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates05/05/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/05/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/08/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring24/09/2008
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring19/06/2008
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates12/03/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares14/12/2005
    KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates31/01/2005
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2019
    Annual accounts 2019-1,3 M €↓
  2. 2018
    Annual accounts 2018-736,8 k €↓
  3. 2017
    Annual accounts 2017-24,7 k €↓
  4. 2016
    Annual accounts 20163,2 k €↓
  5. 2015
    Annual accounts 201583,2 k €↑
  6. 2014
    Annual accounts 201474,6 k €↓
  7. 2013
    Annual accounts 201385,2 k €↓
  8. 2012
    Annual accounts 201287,6 k €↓
  9. 2011
    Annual accounts 201190,3 k €↓
  10. 2010
    Annual accounts 201091,4 k €↑
  11. 2009
    Annual accounts 200989,5 k €↓
  12. 2007
    Annual accounts 200798,2 k €
  13. 23/11/1982
    IncorporationPrivate company with limited liability