OPENING OF BANKRUPTCY

TITAN GMA

Export PDF

Financial year 2023 · closed on 31/12/2023

Net result

48,9 k €

+458.3% YoY

Gross margin

353,5 k €

-3.0% YoY

Equity

388,2 k €

+14.4% YoY

Workforce

5,3 ETP

Company — Opening of bankruptcy.

What does TITAN GMA do?

TITAN GMA is a Public limited company incorporated in 2000. Its registered office is in Berchem-Sainte-Agathe. It employs on average 5,3 ETP workers (FTE).

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0472.601.321

Incorporation

22/08/2000

Legal form

Public limited company

Registered office

Chaussée de Gand 1364
1082 Berchem-Sainte-Agathe · BruxellesSee on map

Contributed capital

87 000,00 €

Latest accounts

31/12/2023

Average workforce

5,3 ETP

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2006
Income statement
Gross margin	353,5 k €	-3.0%	364,5 k €	+1500%	22,8 k €	-95.3%	486,3 k €	-43.2%	855,6 k €	+66.3%	514,4 k €	+1.1%	508,7 k €	+73.6%	293 k €	-8.4%	319,9 k €	+15.3%	277,3 k €	+6.0%	261,7 k €	+38.5%	188,9 k €	+39.5%	135,4 k €	+76.2%	76,8 k €	+304%	19 k €	+87.7%	10,1 k €	+736%	1,2 k €
EBITDA	131,8 k €	-35.7%	205 k €	+160%	-341,7 k €	-319%	156,1 k €	-72.2%	561,1 k €	+184%	197,8 k €	+30.1%	152 k €	+25.9%	120,7 k €	+17.1%	103,1 k €	+96.2%	52,5 k €	-30.1%	75,1 k €	+5.0%	71,6 k €	+25.5%	57 k €	+11.3%	51,2 k €	+212%	16,4 k €	+62.0%	10,1 k €	+4103%	241 €
Operating result	83,8 k €	-47.6%	159,8 k €	+139%	-408,4 k €	-715%	66,4 k €	-85.1%	446 k €	+421%	85,6 k €	+42.0%	60,3 k €	+103%	29,7 k €	+13.8%	26,1 k €	+58.5%	16,5 k €	-27.1%	22,6 k €	-16.2%	27 k €	-4.2%	28,2 k €	-34.3%	42,9 k €	+373%	9,1 k €	+226%	2,8 k €	+139%	-7,1 k €
Net result	48,9 k €	+458%	8,8 k €	+102%	-440,8 k €	-1654%	28,4 k €	-91.2%	321,9 k €	+291%	82,2 k €	+78.9%	45,9 k €	+83.6%	25 k €	+40.8%	17,8 k €	+77.4%	10 k €	-40.8%	16,9 k €	+271%	4,6 k €	-70.8%	15,6 k €	-30.1%	22,4 k €	+327%	5,2 k €	+533%	-1,2 k €	-118%	6,8 k €
Balance sheet
Equity	388,2 k €	+14.4%	339,3 k €	+2.7%	330,5 k €	-57.2%	771,3 k €	+3.8%	742,9 k €	+114%	347,7 k €	+31.0%	265,5 k €	+20.9%	219,5 k €	+12.9%	194,5 k €	+10.1%	176,7 k €	+6.0%	166,7 k €	+11.3%	149,8 k €	+46.6%	102,2 k €	+18.1%	86,5 k €	+121%	39,2 k €	+15.4%	33,9 k €	-19.3%	42,1 k €
Total assets	1,4 M €	-10.6%	1,5 M €	-7.5%	1,7 M €	-7.4%	1,8 M €	-16.1%	2,1 M €	+54.1%	1,4 M €	-13.6%	1,6 M €	+0.0%	1,6 M €	+25.3%	1,3 M €	+43.1%	897 k €	-3.3%	927,1 k €	+9.1%	849,6 k €	+24.8%	680,6 k €	+50.5%	452,3 k €	+251%	129 k €	-5.9%	137,2 k €	-9.7%	152 k €
Cash	13,1 k €	+92.6%	6,8 k €	-74.1%	26,4 k €	-35.4%	40,8 k €	-73.1%	151,9 k €	+4485%	3,3 k €	-63.5%	9,1 k €		–		–		250 €	-82.0%	1,4 k €	+609%	196 €	-94.4%	3,5 k €	-87.4%	27,8 k €		–		802 €	-10.7%	898 €
Debts	986,5 k €	-17.7%	1,2 M €	-10.0%	1,3 M €	+30.2%	1 M €	-26.7%	1,4 M €	+34.1%	1 M €	-22.5%	1,3 M €	-3.3%	1,4 M €	+27.5%	1,1 M €	+51.2%	720,2 k €	-5.3%	760,4 k €	+8.7%	699,9 k €	+21.0%	578,5 k €	+58.2%	365,8 k €	+307%	89,8 k €	-13.0%	103,2 k €	-6.1%	109,9 k €
Other
Workforce	5,3 ETP		–		–		–		–		–		–		7,1 ETP	+44.9%	4,9 ETP	-18.3%	6,0 ETP	+50.0%	4,0 ETP	-100.0%	105 048,0 ETP	+5252300%	2,0 ETP		–		–		–		–

Governance

Board of directors

Seen on filing of 31/12/2008 · 1 active

Active mandates

GEORGES MPOCAS

Managing director · since 01 juillet 2006 · until 31 décembre 2010

Active

At this address

Other companies at this address

Company	CBE no.
RBG INVEST● Active	1037.501.112
TYRESZONE● Active	0713.769.847

Annual accounts

Full financial information

	2023	2022	2021	2020	2019	2018
Type of account	Abridged model	Abridged model	Micro model	Micro model	Abridged model	Abridged 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	30/10/2024	12/10/2023	25/11/2022	09/01/2022	18/12/2020	05/12/2019
General meeting	–	14/08/2023	14/08/2022	14/08/2021	14/08/2020	20/07/2019
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2023	—	30/10/2024	French	PDF
Abridged model	31/12/2022	14/08/2023	12/10/2023	French	PDF
Micro model	31/12/2021	14/08/2022	25/11/2022	French	PDF
Micro model	31/12/2020	14/08/2021	09/01/2022	French	PDF
Abridged model	31/12/2019	14/08/2020	18/12/2020	French	PDF
Abridged model	31/12/2018	20/07/2019	05/12/2019	French	PDF
Abridged model	31/12/2017	05/07/2018	01/08/2018	French	PDF
Abridged model	31/12/2016	12/07/2017	24/10/2017	French	PDF
Abridged model	31/12/2015	26/07/2016	28/10/2016	French	PDF
Abridged model	31/12/2014	26/07/2015	29/10/2015	French	PDF
Abridged model	31/12/2013	25/07/2014	13/11/2014	French	PDF
Abridged model	31/12/2012	18/06/2013	31/10/2013	French	PDF
Abridged model	31/12/2011	25/06/2012	09/11/2012	French	PDF
Abridged model	31/12/2010	25/06/2011	07/09/2011	French	PDF
Abridged model	31/12/2009	30/10/2010	23/02/2011	French	PDF
Abridged model	31/12/2008	17/06/2009	13/10/2009	French	PDF
Abridged model	31/12/2007	18/06/2008	02/07/2009	French	PDF
Abridged model	31/12/2006	20/06/2007	23/08/2007	French	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 31/12/2008 · 1 active

Active mandates

GEORGES MPOCAS

Managing director · since 01 juillet 2006 · until 31 décembre 2010

Active

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/02/2020
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION - DEMISSIONS, NOMINATIONS
PDF
Mandates12/12/2016
DEMISSIONS, NOMINATIONS
PDF
Registered office04/11/2015
SIEGE SOCIAL
PDF
Mandates19/03/2015
DENOMINATION
PDF
Mandates06/05/2014
DEMISSIONS, NOMINATIONS
PDF
Other25/03/2011
OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Capital / shares12/11/2010
CAPITAL, ACTIONS
PDF
Mandates03/09/2010
DEMISSIONS, NOMINATIONS
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

2023
Annual accounts 202348,9 k €↑
2022
Annual accounts 20228,8 k €↑
2021
Annual accounts 2021-440,8 k €↓
2020
Annual accounts 202028,4 k €↓
2019
Annual accounts 2019321,9 k €↑
2019
Name changeTITAN GMA
2018
Annual accounts 201882,2 k €↑
2017
Annual accounts 201745,9 k €↑
2016
Annual accounts 201625 k €↑
2015
Annual accounts 201517,8 k €↑
2014
Annual accounts 201410 k €↓
2014
Name changeINTER BELGIUM TYRES
2013
Annual accounts 201316,9 k €↑
2012
Annual accounts 20124,6 k €↓
2011
Annual accounts 201115,6 k €↓
2010
Annual accounts 201022,4 k €↑
2009
Annual accounts 20095,2 k €↑
2008
Annual accounts 2008-1,2 k €↓
2006
Annual accounts 20066,8 k €
2006
Name changeAMBERGRIS
22/08/2000
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

TITAN GMA

Overview

What does TITAN GMA do?

Trend over 17 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