OPENING OF BANKRUPTCY

MISHAL

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Financial year 2022 · closed on 31/12/2022

Net result

110,2 k €

+312.3% YoY

Revenue

87,5 M €

+10.1% YoY

Equity

14,7 M €

+0.8% YoY

Company — Opening of bankruptcy.

What does MISHAL do?

MISHAL is a Public limited company incorporated in 1989. 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 0436.734.085

Incorporation

14/02/1989

Legal form

Public limited company

Registered office

Hoveniersstraat 2 box 131
2018 Antwerpen · FlandreSee on map

Contributed capital

12 652 536,00 €

Latest accounts

31/12/2022

Activities (NACE)

46761Wholesale of other intermediate products· main 46861Wholesale trade, except of motor vehicles and motorcycles 51561Air transport

Joint committees (3)

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	87,5 M €	+10.1%	79,4 M €	+62.8%	48,8 M €	-53.8%	105,7 M €	+4.7%	100,9 M €	-29.9%	144 M €	-16.4%	172,2 M €	-4.7%	180,6 M €	+5.1%	171,9 M €	-35.6%	266,8 M €	-0.5%	268,1 M €	+26.4%	212,2 M €	+14.5%	185,2 M €	+96.7%	94,1 M €	-30.1%	134,8 M €	+27.9%	105,4 M €
EBITDA	2,6 M €	+28.3%	2 M €	-1.5%	2,1 M €	-5.9%	2,2 M €	-23.1%	2,8 M €	-17.9%	3,5 M €	+2.5%	3,4 M €	+5.5%	3,2 M €	-7.0%	3,4 M €	-1.2%	3,5 M €	+12.6%	3,1 M €	+40.5%	2,2 M €	-6.1%	2,3 M €	+21.1%	1,9 M €	-22.7%	2,5 M €	+31.3%	1,9 M €
Operating result	2,1 M €	+39.4%	1,5 M €	-10.1%	1,7 M €	+95.5%	865,4 k €	-65.1%	2,5 M €	-14.2%	2,9 M €	-6.8%	3,1 M €	-2.8%	3,2 M €	-7.0%	3,4 M €	-0.4%	3,4 M €	+15.7%	3 M €	+38.4%	2,2 M €	-5.9%	2,3 M €	+21.8%	1,9 M €	-23.2%	2,4 M €	+30.3%	1,9 M €
Net result	110,2 k €	+312%	26,7 k €	+193%	9,1 k €	+101%	-1,2 M €	-3395%	37,6 k €	-85.4%	258,3 k €	+28.7%	200,7 k €	-4.8%	210,8 k €	-30.4%	303 k €	+4.0%	291,4 k €	-16.8%	350,1 k €	+26.9%	276 k €	+23.6%	223,3 k €	+29.5%	172,4 k €	+6.9%	161,2 k €	-12.3%	183,9 k €
Balance sheet
Equity	14,7 M €	+0.8%	14,6 M €	+0.2%	14,6 M €	+0.1%	14,6 M €	-7.9%	15,8 M €	+0.2%	15,8 M €	+1.7%	15,5 M €	+1.3%	15,3 M €	+38.3%	11,1 M €	+2.8%	10,8 M €	+2.8%	10,5 M €	+3.5%	10,1 M €	+2.8%	9,8 M €	+175%	3,6 M €	+5.1%	3,4 M €	+5.0%	3,2 M €
Total assets	52,7 M €	+3.7%	50,8 M €	-5.5%	53,8 M €	-11.7%	60,9 M €	-13.1%	70,1 M €	-5.5%	74,1 M €	-23.0%	96,3 M €	+15.5%	83,4 M €	-8.7%	91,4 M €	+5.1%	86,9 M €	-14.4%	101,5 M €	+56.3%	64,9 M €	+22.4%	53 M €	+2.8%	51,6 M €	+9.8%	47 M €	+12.0%	41,9 M €
Cash	1,4 M €	+107%	698 k €	-39.0%	1,1 M €	-12.2%	1,3 M €	+21.2%	1,1 M €	+72.5%	623,5 k €	-66.5%	1,9 M €	-8.6%	2 M €	+140%	848,4 k €	+15.2%	736,2 k €	+13.7%	647,6 k €	-16.1%	771,7 k €	-29.8%	1,1 M €	+22.7%	896 k €	-19.1%	1,1 M €	+47.5%	750,9 k €
Debts	37,7 M €	+4.1%	36,2 M €	-3.7%	37,6 M €	-16.3%	45 M €	-15.4%	53,2 M €	-7.7%	57,6 M €	-28.3%	80,3 M €	+19.4%	67,3 M €	-15.9%	79,9 M €	+6.5%	75 M €	-16.8%	90,2 M €	+68.4%	53,6 M €	+26.3%	42,4 M €	-10.3%	47,3 M €	+10.6%	42,8 M €	+12.7%	38 M €
Other
Workforce	–		–		–		1,5 ETP	-57.1%	3,5 ETP	-16.7%	4,2 ETP	-19.2%	5,2 ETP	-20.0%	6,5 ETP	-7.1%	7,0 ETP	+2.9%	6,8 ETP	+58.1%	4,3 ETP	+258%	1,2 ETP	+20.0%	1,0 ETP	+100%	0,5 ETP	-37.5%	0,8 ETP	-20.0%	1,0 ETP

Governance

Board of directors

Seen on filing of 31/12/2022 · 2 active · 5 ended

Active mandates

RAMESH PATEL

Managing director

Active

SAROJ RAMESH PATEL

Director

Active

Ended mandates

RAMESH PATEL

Managing director · since 02 mai 2015 · until 05 juin 2021

Ended

SAROJ RAMESH PATEL

Director · since 02 mai 2015 · until 05 juin 2021

Ended

RAMESH PATEL

Managing director · since 09 juin 2012 · until 09 juin 2018

Ended

SAROJ RAMESH PATEL

Director · since 09 juin 2012 · until 09 juin 2018

Ended

At this address

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Annual accounts

Full financial information

	2023	2022	2021	2020	2019	2018
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018
Closing of the financial year	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/08/2024	08/06/2023	08/08/2022	20/07/2021	28/07/2020	03/07/2019
General meeting	18/08/2024	29/04/2023	15/07/2022	26/06/2021	27/03/2020	01/03/2019
Currency of the financial year	USD	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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2023	18/08/2024	27/08/2024	Dutch	PDF
Full model	31/12/2022	29/04/2023	08/06/2023	Dutch	PDF
Full model	31/12/2021	15/07/2022	08/08/2022	Dutch	PDF
Full model	31/12/2020	26/06/2021	20/07/2021	Dutch	PDF
Full model	31/12/2019	27/03/2020	28/07/2020	Dutch	PDF
Full model	31/12/2018	01/03/2019	03/07/2019	Dutch	PDF
Full model	31/12/2017	30/04/2018	11/07/2018	Dutch	PDF
Full model	31/12/2016	29/03/2017	12/07/2017	Dutch	PDF
Full modelCorrection	31/12/2015	10/03/2016	18/07/2016	Dutch	PDF
Full model	31/12/2015	10/03/2016	14/04/2016	Dutch	PDF
Full model	31/12/2014	02/05/2015	01/07/2015	Dutch	PDF
Full model	31/12/2013	24/05/2014	09/07/2014	Dutch	PDF
Full model	31/12/2012	01/06/2013	16/07/2013	Dutch	PDF
Full model	31/12/2011	02/06/2012	18/07/2012	Dutch	PDF
Full model	31/12/2010	06/05/2011	12/07/2011	Dutch	PDF
Full model	31/12/2009	05/06/2010	16/07/2010	Dutch	PDF
Full model	31/12/2008	06/06/2009	02/07/2009	Dutch	PDF
Full model	31/12/2007	07/06/2008	16/06/2008	Dutch	PDF
Full model	31/12/2006	02/06/2007	02/07/2007	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 31/12/2022 · 2 active · 5 ended

Active mandates

RAMESH PATEL

Managing director

Active

SAROJ RAMESH PATEL

Director

Active

Ended mandates

RAMESH PATEL

Managing director · since 02 mai 2015 · until 05 juin 2021

Ended

SAROJ RAMESH PATEL

Director · since 02 mai 2015 · until 05 juin 2021

Ended

RAMESH PATEL

Managing director · since 09 juin 2012 · until 09 juin 2018

Ended

SAROJ RAMESH PATEL

Director · since 09 juin 2012 · until 09 juin 2018

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other30/12/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates13/09/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/02/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/12/2015
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares03/08/2015
KAPITAAL - AANDELEN
PDF
Mandates17/07/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/07/2012
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares19/07/2012
KAPITAAL - AANDELEN
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

2022
Annual accounts 2022110,2 k €↑
2021
Annual accounts 202126,7 k €↑
2020
Annual accounts 20209,1 k €↑
2019
Annual accounts 2019-1,2 M €↓
2018
Annual accounts 201837,6 k €↓
2017
Annual accounts 2017258,3 k €↑
2016
Annual accounts 2016200,7 k €↓
2015
Annual accounts 2015210,8 k €↓
2014
Annual accounts 2014303 k €↑
2013
Annual accounts 2013291,4 k €↓
2012
Annual accounts 2012350,1 k €↑
2011
Annual accounts 2011276 k €↑
2010
Annual accounts 2010223,3 k €↑
2009
Annual accounts 2009172,4 k €↑
2008
Annual accounts 2008161,2 k €↓
2007
Annual accounts 2007183,9 k €
14/02/1989
IncorporationPublic 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

MISHAL

Overview

What does MISHAL 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