ACTIVE

STATES MAN

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Financial year 2025 · Closed on 30/06/2025

Net result-124,7 k €-163,0 %over 1 year
Gross margin-23,1 k €-177,6 %over 1 year
Equity-41,6 k €-150,0 %over 1 year
Workforce1,9 ETP+46,2 %over 1 year

Identity

Source · BCE/KBO

STATES MAN is a Public limited company incorporated in 1997. Its main activity is: Retail sale of clothing in specialised stores. Its registered office is in Ixelles. It employs on average 1,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0461.455.427
Incorporation
17/09/1997
Legal form
Public limited company
Registered office
Avenue Louise 54
1050 Ixelles · BruxellesSee on map
Contributed capital
100 000,00 €
Latest accounts
30/06/2025
Average workforce
1,9 ETP
Joint committees (1)
  • 201
Signals
Good liquidityHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin-23,1 k €29,7 k €11 k €99,7 k €112,3 k €
EBITDA-71,2 k €-14,1 k €-38,2 k €45,7 k €60,5 k €
Operating result-89,6 k €-33,4 k €-60,2 k €20,7 k €20,1 k €
Net result-124,7 k €-47,4 k €-69,3 k €12 k €12,6 k €
Balance sheet
Equity-41,6 k €83,1 k €130,5 k €199,9 k €187,9 k €
Total assets453,6 k €457,7 k €550,4 k €663,4 k €790,7 k €
Cash2,9 k €1,9 k €8,2 k €10,7 k €37 k €
Debts495,1 k €374,5 k €419,9 k €463,5 k €602,7 k €
Other
Workforce1,9 ETP1,3 ETP2,1 ETP2,5 ETP2,6 ETP

Board of directors

Source · NBB, accounts to 30/06/2025

2 active · 10 ended

Active mandates

Aliya BANDALI

Managing director · since 01 février 2024 · until 31 janvier 2030

Active
Koba NARIMANIDZE

Director · since 01 février 2024 · until 31 janvier 2030

Active

Ended mandates

Aliya BANDALI

Managing director · since 01 février 2018 · until 31 janvier 2024

Ended
Koba NARIMANIDZE

Director · since 01 février 2018 · until 31 janvier 2024

Ended
ALIYA BANDALI

Managing director · since 31 janvier 2006 · until 30 janvier 2011

Ended
ROSHMALI BANDALI

Director · since 31 janvier 2006 · until 30 janvier 2011

Ended

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Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/02/202001/02/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202131/01/2020
Length of the financial year12 months12 months12 months12 months17 months12 months
Filing date30/01/202604/02/202508/01/202430/01/202322/12/202131/08/2020
General meeting08/12/202509/12/202411/12/202312/12/202213/12/202117/06/2020
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
Abridged model30/06/202508/12/202530/01/2026FrenchPDF
Abridged model30/06/202409/12/202404/02/2025FrenchPDF
Abridged model30/06/202311/12/202308/01/2024FrenchPDF
Abridged model30/06/202212/12/202230/01/2023FrenchPDF
Abridged model30/06/202113/12/202122/12/2021FrenchPDF
Abridged model31/01/202017/06/202031/08/2020FrenchPDF
Abridged model31/01/201919/06/201931/07/2019FrenchPDF
Abridged model31/01/201820/06/201825/07/2018FrenchPDF
Abridged model31/01/201721/06/201713/10/2017FrenchPDF
Abridged model31/01/201615/06/201625/07/2016FrenchPDF
Abridged model31/01/201517/06/201527/07/2015FrenchPDF
Abridged model31/01/201418/06/201428/08/2014FrenchPDF
Abridged model31/01/201319/06/201331/07/2013FrenchPDF
Abridged model31/01/201220/06/201230/10/2012FrenchPDF
Abridged model31/01/201115/06/201126/07/2011FrenchPDF
Abridged model31/01/201016/06/201031/07/2010FrenchPDF
Abridged model31/01/200917/06/200931/07/2009FrenchPDF
Abridged model31/01/200818/06/200831/07/2008FrenchPDF
Abridged model31/01/200720/06/200712/03/2008FrenchPDF

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.

Board of directors

Source · NBB, accounts to 30/06/2025

2 active · 10 ended

Active mandates

Aliya BANDALI

Managing director · since 01 février 2024 · until 31 janvier 2030

Active
Koba NARIMANIDZE

Director · since 01 février 2024 · until 31 janvier 2030

Active

Ended mandates

Aliya BANDALI

Managing director · since 01 février 2018 · until 31 janvier 2024

Ended
Koba NARIMANIDZE

Director · since 01 février 2018 · until 31 janvier 2024

Ended
ALIYA BANDALI

Managing director · since 31 janvier 2006 · until 30 janvier 2011

Ended
ROSHMALI BANDALI

Director · since 31 janvier 2006 · until 30 janvier 2011

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other22/02/2021
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Mandates16/03/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/02/2018
    DEMISSIONS, NOMINATIONS - DIVERS
    PDF
  • Mandates26/02/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office04/01/2018
    SIEGE SOCIAL
    PDF
  • Mandates14/02/2006
    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. 2025
    Annual accounts 2025-124,7 k €↓
  2. 2024
    Annual accounts 2024-47,4 k €↑
  3. 2023
    Annual accounts 2023-69,3 k €↓
  4. 2022
    Annual accounts 202212 k €↓
  5. 2021
    Annual accounts 202112,6 k €↑
  6. 2020
    Annual accounts 2020517 €↑
  7. 2019
    Annual accounts 2019-261,4 k €↓
  8. 2018
    Annual accounts 201810,2 k €↑
  9. 2017
    Annual accounts 2017-9,6 k €↓
  10. 2016
    Annual accounts 2016-3,6 k €↓
  11. 2015
    Annual accounts 20156,1 k €↓
  12. 2014
    Annual accounts 201414,4 k €↓
  13. 2013
    Annual accounts 201335,3 k €↑
  14. 2012
    Annual accounts 201235 k €↓
  15. 2011
    Annual accounts 201137,6 k €↑
  16. 2010
    Annual accounts 201021,9 k €↓
  17. 2009
    Annual accounts 200923,9 k €↓
  18. 2008
    Annual accounts 200838,4 k €↓
  19. 2007
    Annual accounts 200764,2 k €
  20. 17/09/1997
    IncorporationPublic limited company