ACTIVE

MAHAN GROUP ENTERPRISES

Financial year 2024 · Closed on 31/12/2024

Net result45,1 k €+10 378,8 %over 1 year
Gross margin62,1 k €
Equity45 k €+220,5 %over 1 year

Identity

Source · BCE/KBO

MAHAN GROUP ENTERPRISES is a Private limited company incorporated in 1993. Its main activity is: Other specialised construction activities n.e.c.. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0451.098.597
Incorporation
07/10/1993
Legal form
Private limited company
Registered office
Dambruggestraat 26
2060 Antwerpen · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
31/12/2024
Signals
ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20242022202120202019
Income statement
Gross margin62,1 k €–-144 €-145 €2,9 k €
EBITDA53,9 k €-102 €-548,5 €-657,3 €2,7 k €
Operating result50,5 k €-102 €-548,5 €-657,3 €2,7 k €
Net result45,1 k €-438,8 €-788,5 €-833,9 €2,5 k €
Balance sheet
Equity45 k €14,1 k €14,5 k €15,3 k €16,1 k €
Total assets322,3 k €22,9 k €23,6 k €24,2 k €25,5 k €
Cash93,1 k €1,6 k €2,3 k €2,9 k €4,2 k €
Debts253,9 k €8,7 k €9 k €8,8 k €9,1 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 2 ended

Active mandates

Muhammad Muntizar Mehdi Bhat

Mandate

Active

Ended mandates

Danny Vermeeren

Manager · since 07 octobre 1993

Ended
Danny Vermeeren

Mandate

Ended

Other companies at this address

Dambruggestraat 26 2060 Antwerpen
CompanyCBE no.
0477.172.593
0691.794.201
0658.997.907
SKY ROUTE● Active
1040.407.944
Yaldaye Kavir● Active
0692.572.773

Full financial information

Source · NBB
202420222021202020192018
Type of accountAbridged modelMicro modelMicro modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/10/202101/10/202001/10/201901/10/201801/10/2017
Closing of the financial year31/12/202430/09/202230/09/202130/09/202030/09/201930/09/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date02/10/202521/06/202325/04/202227/04/202102/04/202012/03/2019
General meeting25/06/202502/02/202303/02/202204/02/202106/02/202007/02/2019
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
Abridged model31/12/202425/06/202502/10/2025DutchPDF
Micro model30/09/202202/02/202321/06/2023DutchPDF
Micro model30/09/202103/02/202225/04/2022DutchPDF
Abridged model30/09/202004/02/202127/04/2021DutchPDF
Abridged model30/09/201906/02/202002/04/2020DutchPDF
Abridged model30/09/201807/02/201912/03/2019DutchPDF
Abridged model30/09/201701/02/201823/05/2018DutchPDF
Abridged model30/09/201602/02/201728/03/2017DutchPDF
Abridged model30/09/201504/02/201630/04/2016DutchPDF
Abridged model30/09/201405/02/201529/04/2015DutchPDF
Abridged model30/09/201306/02/201408/05/2014DutchPDF
Abridged model30/09/201207/02/201329/04/2013DutchPDF
Abridged model30/09/201102/02/201202/05/2012DutchPDF
Abridged model30/09/201003/02/201129/03/2011DutchPDF
Abridged model30/09/200930/03/201006/05/2010DutchPDF
Abridged model30/09/200805/02/200929/04/2009DutchPDF
Abridged model30/09/200707/02/200819/01/2009DutchPDF
Abridged model30/09/200601/02/200719/01/2009DutchPDF
Abridged model30/09/200502/02/200619/01/2009DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 2 ended

Active mandates

Muhammad Muntizar Mehdi Bhat

Mandate

Active

Ended mandates

Danny Vermeeren

Manager · since 07 octobre 1993

Ended
Danny Vermeeren

Mandate

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates31/01/2025
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/02/2024
    WIJZIGING RECHTSVORM - BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates17/11/2023
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office12/04/2011
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates18/03/2009
    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. 2024
    Annual accounts 202445,1 k €↑
  2. 2024
    Name changeMAHAN GROUP ENTERPRISES
  3. 2022
    Annual accounts 2022-438,8 €↑
  4. 2021
    Annual accounts 2021-788,5 €↑
  5. 2021
    Name changeEDITART
  6. 2020
    Annual accounts 2020-833,9 €↓
  7. 2019
    Annual accounts 20192,5 k €↑
  8. 2018
    Annual accounts 2018-4,5 k €↓
  9. 2017
    Annual accounts 2017-3,9 k €↑
  10. 2016
    Annual accounts 2016-8,4 k €↓
  11. 2015
    Annual accounts 2015-7,8 k €↑
  12. 2014
    Annual accounts 2014-9,2 k €↓
  13. 2013
    Annual accounts 2013-8,8 k €↓
  14. 2012
    Annual accounts 2012-8,5 k €↓
  15. 2011
    Annual accounts 201173,4 k €↑
  16. 2010
    Annual accounts 2010-6,9 k €↑
  17. 2009
    Annual accounts 2009-12,3 k €↓
  18. 2008
    Annual accounts 2008-361,7 €↓
  19. 2007
    Annual accounts 200724,7 k €↑
  20. 2006
    Annual accounts 2006-24,3 k €↓
  21. 2005
    Annual accounts 2005-6,8 k €
  22. 07/10/1993
    IncorporationPrivate limited company