OPENING OF BANKRUPTCY

MASTER CONTRACTOR

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Financial year 2021 · closed on 31/12/2021

Net result

50,4 k €

+18.9% YoY

Gross margin

1,2 M €

+1258.9% YoY

Equity

-37,2 k €

+57.5% YoY

Company — Opening of bankruptcy.

What does MASTER CONTRACTOR do?

MASTER CONTRACTOR is a Private limited company incorporated in 1984. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Anderlecht.

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0426.573.138

Incorporation

16/11/1984

Legal form

Private limited company

Registered office

Chaussée de Mons 814A box 3C
1070 Anderlecht · BruxellesSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2021

Activities (NACE)

25110Manufacture of metal structures and parts of structures· main 25110Manufacture of metal structures and parts of structures 51478Air transport 25530Forging, pressing, stamping and roll-forming of metal; powder metallurgy 25620Machining 46499Wholesale of other household goods+1

Joint committees (3)

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,2 M €	+1259%	86,4 k €	+920%	-10,5 k €	-22.6%	-8,6 k €	+19.4%	-10,7 k €	-372%	3,9 k €	-60.8%	10 k €	-18.5%	12,2 k €	+17.6%	10,4 k €	-60.7%	26,5 k €	-11.4%	29,9 k €	-7.5%	32,4 k €	-10.4%	36,1 k €	+59.0%	22,7 k €	-19.0%	28 k €	+577%	4,1 k €
EBITDA	72,5 k €	+70.6%	42,5 k €	+177%	-55,2 k €	-56.4%	-35,3 k €	-3.7%	-34 k €	-43.3%	-23,7 k €	-25.9%	-18,8 k €	-23.8%	-15,2 k €	+13.2%	-17,5 k €	-672%	3,1 k €	-2.2%	3,1 k €	-51.0%	6,4 k €	-46.1%	11,9 k €	+91.4%	6,2 k €	-46.5%	11,6 k €	+205%	-11,1 k €
Operating result	69,2 k €	+62.8%	42,5 k €	+177%	-55,2 k €	-51.1%	-36,5 k €	-3.5%	-35,3 k €	-40.5%	-25,1 k €	-29.1%	-19,4 k €	-23.0%	-15,8 k €	+10.5%	-17,6 k €	-792%	2,6 k €	-6.9%	2,7 k €	-50.3%	5,5 k €	-49.3%	10,9 k €	+1080%	922 €	-84.7%	6 k €	+136%	-16,6 k €
Net result	50,4 k €	+18.9%	42,4 k €	+176%	-55,6 k €	-47.9%	-37,6 k €	-18.1%	-31,8 k €	-23.5%	-25,8 k €	-30.2%	-19,8 k €	-27.0%	-15,6 k €	+2.9%	-16 k €	-502%	4 k €	-22.3%	5,1 k €	-26.7%	7 k €	-41.0%	11,9 k €	+502%	2 k €	-68.8%	6,3 k €	+139%	-16,3 k €
Balance sheet
Equity	-37,2 k €	+57.5%	-87,6 k €	+32.0%	-128,9 k €	-75.8%	-73,3 k €	-105%	-35,7 k €	-812%	-3,9 k €	-118%	21,9 k €	-47.5%	41,6 k €	-27.2%	57,2 k €	-21.9%	73,3 k €	+5.8%	69,3 k €	+8.0%	64,1 k €	+12.3%	57,1 k €	+26.2%	45,3 k €	+4.6%	43,3 k €	+20.7%	35,9 k €
Total assets	210,3 k €	+148%	84,8 k €	+758%	9,9 k €	-74.0%	37,9 k €	+13.9%	33,3 k €	-15.3%	39,3 k €	-17.5%	47,7 k €	-28.8%	66,9 k €	-20.6%	84,3 k €	-11.7%	95,5 k €	-2.3%	97,7 k €	+11.5%	87,7 k €	+13.5%	77,2 k €	+22.5%	63,1 k €	+8.7%	58 k €	-2.8%	59,7 k €
Cash	60,9 k €	+462%	10,8 k €	+1415%	715,3 €	-87.0%	5,5 k €	+42.1%	3,9 k €	-29.9%	5,5 k €	+227%	1,7 k €	-35.4%	2,6 k €	-63.0%	7,1 k €	+8.0%	6,5 k €	-35.8%	10,2 k €	+55.3%	6,6 k €	+87.0%	3,5 k €	-26.8%	4,8 k €	+277%	1,3 k €	-2.8%	1,3 k €
Debts	229 k €	+32.8%	172,4 k €	+24.2%	138,8 k €	+24.7%	111,3 k €	+61.2%	69 k €	+59.7%	43,2 k €	+67.5%	25,8 k €	+2.0%	25,3 k €	-6.7%	27,1 k €	+22.1%	22,2 k €	-21.9%	28,4 k €	+20.8%	23,5 k €	+16.9%	20,1 k €	+12.9%	17,8 k €	+21.1%	14,7 k €	-38.2%	23,8 k €
Other
Workforce	–		–		–		–		–		–		0,9 ETP	0.0%	0,9 ETP	0.0%	0,9 ETP	0.0%	0,9 ETP	0.0%	0,9 ETP	0.0%	0,9 ETP	0.0%	0,9 ETP	0.0%	0,9 ETP	+50.0%	0,6 ETP	0.0%	0,6 ETP

Governance

Board of directors

Seen on filing of 31/12/2021 · 1 active · 2 ended

Active mandates

Ali Goksu

Director

Active

Ended mandates

Ghislain Van Calster

Director

Ended

Ghislain Van Calster

Manager

Ended

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Annual accounts

Full financial information

	2021	2020	2019	2018	2017	2016
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2021	01/01/2020	01/01/2019	01/01/2018	01/01/2017	01/01/2016
Closing of the financial year	31/12/2021	31/12/2020	31/12/2019	31/12/2018	31/12/2017	31/12/2016
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2022	31/08/2021	28/09/2020	27/08/2019	12/06/2018	09/08/2017
General meeting	30/06/2022	31/05/2021	30/06/2020	27/05/2019	28/05/2018	29/05/2017
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2021	30/06/2022	31/08/2022	Dutch	PDF
Micro model	31/12/2020	31/05/2021	31/08/2021	Dutch	PDF
Micro model	31/12/2019	30/06/2020	28/09/2020	Dutch	PDF
Micro model	31/12/2018	27/05/2019	27/08/2019	Dutch	PDF
Micro model	31/12/2017	28/05/2018	12/06/2018	Dutch	PDF
Micro model	31/12/2016	29/05/2017	09/08/2017	Dutch	PDF
Abridged model	31/12/2015	30/05/2016	10/08/2016	Dutch	PDF
Abridged model	31/12/2014	26/05/2015	19/08/2015	Dutch	PDF
Abridged model	31/12/2013	26/05/2014	20/08/2014	Dutch	PDF
Abridged model	31/12/2012	27/05/2013	27/08/2013	Dutch	PDF
Abridged model	31/12/2011	29/05/2012	29/08/2012	Dutch	PDF
Abridged model	31/12/2010	30/05/2011	30/08/2011	Dutch	PDF
Abridged model	31/12/2009	31/05/2010	27/08/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	28/08/2009	Dutch	PDF
Abridged model	31/12/2007	26/05/2008	27/08/2008	Dutch	PDF
Abridged model	31/12/2006	28/05/2007	07/09/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2021 · 1 active · 2 ended

Active mandates

Ali Goksu

Director

Active

Ended mandates

Ghislain Van Calster

Director

Ended

Ghislain Van Calster

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Registered office09/12/2021
MAATSCHAPPELIJKE ZETEL
PDF
Other23/10/2020
BENAMING - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates20/10/2020
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2021
Annual accounts 202150,4 k €↑
2020
Annual accounts 202042,4 k €↑
2019
Annual accounts 2019-55,6 k €↓
2019
Name changeMASTER CONTRACTOR
2018
Annual accounts 2018-37,6 k €↓
2017
Annual accounts 2017-31,8 k €↓
2016
Annual accounts 2016-25,8 k €↓
2015
Annual accounts 2015-19,8 k €↓
2014
Annual accounts 2014-15,6 k €↑
2013
Annual accounts 2013-16 k €↓
2012
Annual accounts 20124 k €↓
2011
Annual accounts 20115,1 k €↓
2010
Annual accounts 20107 k €↓
2009
Annual accounts 200911,9 k €↑
2008
Annual accounts 20082 k €↓
2007
Annual accounts 20076,3 k €↑
2006
Annual accounts 2006-16,3 k €
2006
Name changeSOUVENIERS BRABO
16/11/1984
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

MASTER CONTRACTOR

Overview

What does MASTER CONTRACTOR do?

Trend over 16 financial years

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline