ACTIVE

NEW EUROPEAN TRADE

Financial year 2024 · Closed on 31/12/2024

Net result434,1 k €+99,1 %over 1 year
Gross margin1,5 M €+31,4 %over 1 year
Equity2,5 M €+20,5 %over 1 year

Identity

Source · BCE/KBO

NEW EUROPEAN TRADE is a Public limited company incorporated in 1993. Its main activity is: Hotels and similar accommodation. Its registered office is in Saint-Gilles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0449.891.344
Incorporation
30/03/1993
Legal form
Public limited company
Registered office
Boulevard Jamar 21
1060 Saint-Gilles · BruxellesSee on map
Contributed capital
1 650 000,00 €
Latest accounts
31/12/2024
Joint committees (1)
  • 302
Signals
ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20242023202220212020
Income statement
Gross margin1,5 M €1,2 M €884,3 k €619,5 k €629,5 k €
EBITDA1,1 M €718,4 k €600,4 k €433,8 k €372,9 k €
Operating result951,3 k €510,1 k €416 k €226,1 k €145 k €
Net result434,1 k €218 k €285 k €144,1 k €61 k €
Balance sheet
Equity2,5 M €2,1 M €1,9 M €1,6 M €1,5 M €
Total assets12,8 M €11,8 M €4,1 M €3,9 M €4 M €
Cash133,7 k €51,2 k €447,2 k €74,7 k €40,6 k €
Debts10,2 M €9,7 M €2,2 M €2,3 M €2,5 M €
Other
Workforce––6,5 ETP6,3 ETP–

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 5 ended

Active mandates

Karim NAYANI

Managing director

Active

Ended mandates

Karim NAYANI

Managing director · since 18 septembre 2017 · until 18 septembre 2023

Ended
Surriya Bhaidani

Director · since 18 septembre 2017 · until 18 septembre 2023

Ended
Karim NAYANI

Onbekend

Ended
Shahnaz Bhaidani

Director

Ended

Other companies at this address

Boulevard Jamar 21 1060 Saint-Gilles

Full financial information

Source · NBB
202420232022202120202019
Type of accountMicro modelMicro modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/09/202517/10/202429/08/202329/08/202231/08/202129/10/2020
General meeting15/05/202527/09/202415/05/202316/05/202214/05/202115/05/2020
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202415/05/202530/09/2025FrenchPDF
Micro model31/12/202327/09/202417/10/2024FrenchPDF
Abridged model31/12/202215/05/202329/08/2023FrenchPDF
Abridged model31/12/202116/05/202229/08/2022FrenchPDF
Abridged model31/12/202014/05/202131/08/2021FrenchPDF
Abridged model31/12/201915/05/202029/10/2020FrenchPDF
Abridged model31/12/201815/05/201919/08/2019FrenchPDF
Abridged model31/12/201715/05/201831/08/2018FrenchPDF
Abridged model31/12/201615/05/201722/08/2017FrenchPDF
Abridged model31/12/201517/05/201629/08/2016FrenchPDF
Abridged model31/12/201415/05/201525/09/2015FrenchPDF
Abridged model31/12/201315/05/201421/08/2014FrenchPDF
Abridged model31/12/201215/05/201312/12/2013FrenchPDF
Abridged model31/12/201115/05/201224/07/2012FrenchPDF
Abridged model31/12/201016/05/201126/10/2011FrenchPDF
Abridged model31/12/200917/05/201013/12/2010FrenchPDF
Abridged model31/12/200815/05/200916/09/2009FrenchPDF
Abridged model31/12/200715/05/200803/11/2008FrenchPDF
Abridged model31/12/200614/05/200728/12/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 31/12/2024

1 active · 5 ended

Active mandates

Karim NAYANI

Managing director

Active

Ended mandates

Karim NAYANI

Managing director · since 18 septembre 2017 · until 18 septembre 2023

Ended
Surriya Bhaidani

Director · since 18 septembre 2017 · until 18 septembre 2023

Ended
Karim NAYANI

Onbekend

Ended
Shahnaz Bhaidani

Director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates14/04/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/10/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares08/11/2011
    CAPITAL, ACTIONS
    PDF
  • Mandates22/06/2011
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/01/2006
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares27/10/2003
    CAPITAL, ACTIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024434,1 k €↑
  2. 2023
    Annual accounts 2023218 k €↓
  3. 2022
    Annual accounts 2022285 k €↑
  4. 2021
    Annual accounts 2021144,1 k €↑
  5. 2020
    Annual accounts 202061 k €↑
  6. 2019
    Annual accounts 2019-191 k €↓
  7. 2018
    Annual accounts 2018-55,6 k €↓
  8. 2017
    Annual accounts 20174,3 k €↑
  9. 2016
    Annual accounts 2016-45,7 k €↓
  10. 2015
    Annual accounts 2015-16,1 k €↓
  11. 2014
    Annual accounts 20144,4 k €↓
  12. 2013
    Annual accounts 201337,1 k €↑
  13. 2012
    Annual accounts 201226,4 k €↓
  14. 2011
    Annual accounts 201192,9 k €↑
  15. 2010
    Annual accounts 2010-135,2 k €↓
  16. 2009
    Annual accounts 200959,4 k €↑
  17. 2008
    Annual accounts 200811,2 k €↓
  18. 2007
    Annual accounts 200742 k €↑
  19. 2006
    Annual accounts 2006-23,5 k €
  20. 30/03/1993
    IncorporationPublic limited company