OPENING OF BANKRUPTCY

SOCIETE INTERNATIONALE BELGE AFRICAINE

Company — Opening of bankruptcy.

Financial year 2024 · Closed on 31/12/2024

Net result-14,3 k €+43,4 %over 1 year
Gross margin233,4 k €-20,2 %over 1 year
Equity-51 k €-39,2 %over 1 year

Identity

Source · BCE/KBO

SOCIETE INTERNATIONALE BELGE AFRICAINE is a Private limited company incorporated in 2000. Its main activity is: Agents involved in the sale of textiles, clothing, fur, footwear and leather goods. Its registered office is in Machelen (Brab.).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0469.889.081
Incorporation
28/01/2000
Legal form
Private limited company
Registered office
Peutiesesteenweg 113 box 5
1830 Machelen (Brab.) · FlandreSee on map
Contributed capital
18 750,00 €
Latest accounts
31/12/2024
Joint committees (4)
  • 100
  • 140
  • 215
  • 226

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20242023202220212020
Income statement
Gross margin233,4 k €292,5 k €339,6 k €355,3 k €381,7 k €
EBITDA-714,3 €87,8 k €69,4 k €-23,7 k €21,3 k €
Operating result-12,2 k €-23,1 k €-46,7 k €-35,1 k €8,4 k €
Net result-14,3 k €-25,3 k €-45,5 k €-42,7 k €2,9 k €
Balance sheet
Equity-51 k €-36,6 k €-11,3 k €34,2 k €76,9 k €
Total assets319,3 k €239,9 k €325 k €472,3 k €454,4 k €
Cash8,4 k €2,1 k €50,1 €1,4 k €334,7 €
Debts370,3 k €276,5 k €336,3 k €438,1 k €377,5 k €
Other
Workforce–––7,9 ETP–

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 5 ended

Active mandates

DirectorFunctionMandate
Ahmed Nassaj
Directorsince 01/01/2015
Jehad Olabi
Directorsince 28/01/2000

Ended mandates

DirectorFunctionMandate
Ahmed Nassaj
Director
Ahmed Nassaj
Manager
Ahmed Nassaj
Associate
Jehad Olabi
Director

Other companies at this address

Peutiesesteenweg 113 1830 Machelen (Brab.)
CompanyCBE no.
SAFAE● Active
0459.067.049

Full financial information

Source · NBB
202420232022202120202019
Type of accountMicro modelMicro modelMicro modelAbridged modelMicro modelMicro 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 date17/09/202529/03/202517/11/202326/10/202229/10/202124/08/2020
General meeting23/05/202528/03/202526/05/202330/06/202230/06/202122/05/2020
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 model31/12/202423/05/202517/09/2025DutchPDF
Micro model31/12/202328/03/202529/03/2025DutchPDF
Micro model31/12/202226/05/202317/11/2023DutchPDF
Abridged model31/12/202130/06/202226/10/2022DutchPDF
Micro model31/12/202030/06/202129/10/2021DutchPDF
Micro model31/12/201922/05/202024/08/2020DutchPDF
Micro model31/12/201824/05/201904/07/2019DutchPDF
Micro model31/12/201730/07/201831/07/2018DutchPDF
Micro model31/12/201625/09/201725/09/2017DutchPDF
Abridged model31/12/201527/09/201628/09/2016DutchPDF
Abridged model31/12/201422/05/201529/09/2015DutchPDF
Abridged model31/12/201323/05/201430/09/2014DutchPDF
Abridged model31/12/201224/05/201329/08/2013DutchPDF
Abridged model31/12/201125/05/201219/09/2012DutchPDF
Abridged model31/12/201027/05/201129/09/2011DutchPDF
Abridged model31/12/200928/05/201024/06/2010DutchPDF
Abridged model31/12/200822/05/200925/06/2009DutchPDF
Abridged model31/12/200730/06/200828/07/2008DutchPDF
Abridged model31/12/200622/06/200703/07/2007DutchPDF

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 31/12/2024

2 active · 5 ended

Active mandates

DirectorFunctionMandate
Ahmed Nassaj
Directorsince 01/01/2015
Jehad Olabi
Directorsince 28/01/2000

Ended mandates

DirectorFunctionMandate
Ahmed Nassaj
Director
Ahmed Nassaj
Manager
Ahmed Nassaj
Associate
Jehad Olabi
Director

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates16/10/2023
    WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/05/2015
    DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office10/06/2014
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office20/07/2006
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office17/04/2003
    MAATSCHAPPELIJKE ZETEL
    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 2024-14,3 k €↑
  2. 2023
    Annual accounts 2023-25,3 k €↑
  3. 2022
    Annual accounts 2022-45,5 k €↓
  4. 2022
    Name changeSOCIETE INTERNATIONALE BELGE AFRICAINE
  5. 2021
    Annual accounts 2021-42,7 k €↓
  6. 2020
    Annual accounts 20202,9 k €↑
  7. 2019
    Annual accounts 20192,1 k €↓
  8. 2018
    Annual accounts 201813,3 k €↓
  9. 2017
    Annual accounts 201729,1 k €↑
  10. 2016
    Annual accounts 2016717,9 €↑
  11. 2015
    Annual accounts 2015-26,1 k €↓
  12. 2014
    Annual accounts 2014-247,5 €↓
  13. 2013
    Annual accounts 20134 k €↓
  14. 2012
    Annual accounts 201210,6 k €↓
  15. 2011
    Annual accounts 201111,8 k €↑
  16. 2010
    Annual accounts 2010-796,6 €↓
  17. 2009
    Annual accounts 2009-685,5 €↓
  18. 2008
    Annual accounts 20082,7 k €↓
  19. 2007
    Annual accounts 20073,4 k €↑
  20. 2006
    Annual accounts 20062,3 k €
  21. 28/01/2000
    IncorporationPrivate limited company

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
SOCIETE INTERNATIONALE BELGE AFRICAINECurrent
accounts 2022 → 2024 · CBE, tracked since 27/09/2026
Accounts 2024 · 2025-00493239
SIBA TRADING
accounts 2021
Accounts 2021 · 2022-20474864

Annual accounts date a value by the financial year it appears in. The CBE dates a change to the day, but its history has only been kept since 27/09/2026.