OPENING OF BANKRUPTCY

MASTER CLEAN PRODUCTS

Company — Opening of bankruptcy.

Financial year 2008 · Closed on 31/12/2008

Net result21,4 k €+73,9 %over 1 year
Gross margin177,4 k €+75,4 %over 1 year
Equity70 k €+44,2 %over 1 year
Workforce2,8 ETP-22,2 %over 1 year

Identity

Source · BCE/KBO

MASTER CLEAN PRODUCTS is a Private company with limited liability incorporated in 1983. Its main activity is: Retail sale of cosmetic and toilet articles in specialised stores. Its registered office is in Charleroi. It employs on average 2,8 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0424.886.823
Incorporation
26/11/1983
Legal form
Private company with limited liability
Registered office
Zoning de Jumet,avenue Centrale 5
6040 Charleroi · Wallonie
Latest accounts
31/12/2008
Average workforce
2,8 ETP
Joint committees (2)
  • 100
  • 226
Signals
ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 3 filings

Trend over 3 financial years

200820072006
Income statement
Gross margin177,4 k €101,2 k €56,8 k €
EBITDA73,3 k €37,7 k €46,8 k €
Operating result59 k €25,5 k €45,9 k €
Net result21,4 k €12,3 k €33 k €
Balance sheet
Equity70 k €48,5 k €36,2 k €
Total assets661 k €411,2 k €161,8 k €
Cash7 k €7 k €13,1 k €
Debts591 k €362,2 k €125,6 k €
Other
Workforce2,8 ETP3,6 ETP2,5 ETP

Board of directors

Source · NBB, accounts to 31/12/2008

1 active · 1 ended

Active mandates

GIULIANO PIRANI

Manager

Active

Ended mandates

MARIO VACCA

Manager · since 02 avril 2007

Ended

Other companies at this address

Zoning de Jumet,avenue Centrale 5 6040 Charleroi
CompanyCBE no.
AXL● Active
0477.208.128
BELGIUM ENERGY● Active
0664.471.279
FEBJ● Active
0507.626.734
TECHNO-SAN● Active
1030.894.620

Full financial information

Source · NBB
200820072006
Type of accountAbridged modelAbridged modelAbridged model
Start of the financial year01/01/200801/01/200701/01/2006
Closing of the financial year31/12/200831/12/200731/12/2006
Length of the financial year12 months12 months12 months
Filing date11/06/200928/07/200820/08/2007
General meeting05/06/200906/06/200801/06/2007
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 3 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/200805/06/200911/06/2009FrenchPDF
Abridged model31/12/200706/06/200828/07/2008FrenchPDF
Abridged model31/12/200601/06/200720/08/2007FrenchPDF

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 31/12/2008

1 active · 1 ended

Active mandates

GIULIANO PIRANI

Manager

Active

Ended mandates

MARIO VACCA

Manager · since 02 avril 2007

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Court decision18/12/2009
    RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...)
    PDF
  • Mandates15/09/2008
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/04/2007
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/08/2006
    SIEGE SOCIAL - DENOMINATION - OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Mandates04/08/2006
    SIEGE SOCIAL - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2008
    Annual accounts 200821,4 k €↑
  2. 2007
    Annual accounts 200712,3 k €↓
  3. 2006
    Annual accounts 200633 k €
  4. 26/11/1983
    IncorporationPrivate company with limited liability