OPENING OF BANKRUPTCY

Musar

Export PDF
Financial year 2021 · closed on 31/12/2021
Net result
-159,8 k €
-1797.3% YoY
Gross margin
-32 k €
-149.2% YoY
Equity
666,1 k €
-19.4% YoY
Workforce
1,3 ETP
+225.0% YoY

Company — Opening of bankruptcy.

What does Musar do?

Musar is a Public limited company incorporated in 2014. Its main activity is: Real estate agencies. Its registered office is in Antwerpen. It employs on average 1,3 ETP workers (FTE).

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0554.990.943
Incorporation
02/07/2014
Legal form
Public limited company
Registered office
Jan Van Rijswijcklaan 100 box 5
2018 Antwerpen · FlandreSee on map
Contributed capital
550 000,00 €
Latest accounts
31/12/2021
Average workforce
1,3 ETP
Activities (NACE)
68310Real estate agencies· main68311Real estate agencies
Joint committees (1)
  • 200
Signals
Healthy 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 7 financial years

2021202020192018201720162015
Income statement
Gross margin-32 k €65 k €199,9 k €10 k €-1 k €-2,8 k €-47,8 k €
EBITDA-78,3 k €48 k €193,6 k €9,8 k €-2,1 k €-3,4 k €-48 k €
Operating result-85,2 k €44,1 k €189,9 k €9,8 k €-2,1 k €-3,4 k €-48 k €
Net result-159,8 k €-8,4 k €138,7 k €282,1 k €-30,6 k €-43,3 k €-62,4 k €
Balance sheet
Equity666,1 k €826 k €834,4 k €695,7 k €413,7 k €444,2 k €487,6 k €
Total assets4,4 M €4,4 M €3,9 M €1,9 M €2 M €1,7 M €988,1 k €
Cash579,4 €–17,7 k €3,1 k €68,5 k €56,6 k €15,4 k €
Debts3,7 M €3,5 M €3 M €1,2 M €1,6 M €1,3 M €500,5 k €
Other
Workforce1,3 ETP0,4 ETP–––––
Governance

Board of directors

Seen on filing of 31/12/2021 · 1 active · 4 ended

Active mandates

MICHIEL VERHAEGEN

Director · since 29 décembre 2020

Active

Ended mandates

HILDE VERMOLEN

Managing director · since 02 juillet 2014 · until 05 juin 2020

Ended
HILDE VERMOLEN

Managing director · since 02 juillet 2014 · until 08 septembre 2020

Ended
MICHIEL VERHAEGEN

Managing director · since 02 juillet 2014 · until 05 juin 2020

Ended
MICHIEL VERHAEGEN

Managing director · since 02 juillet 2014 · until 08 septembre 2020

Ended
At this address

Other companies at this address

CompanyCBE no.
Drumoden● Active
0720.667.636
IGOR● Bankrupt
0507.744.421
Ruiterclub Zevenbergen● Active
0413.051.239
TATOUINE● Active
0478.596.020
Vereniging van Mede-eigenaars Residentie Balmoral te Antwerpen, Jan Van Rijswijcklaan 100● Active
0858.355.671
Annual accounts

Full financial information

202120202019201820172016
Type of accountAbridged modelAbridged modelAbridged modelMicro modelAbridged modelAbridged model
Start of the financial year01/01/202101/01/202001/01/201901/01/201801/01/201701/01/2016
Closing of the financial year31/12/202131/12/202031/12/201931/12/201831/12/201731/12/2016
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/08/202206/10/202108/10/202023/07/201931/07/201817/07/2017
General meeting24/06/202230/06/202108/09/202028/06/201929/06/201802/06/2017
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202124/06/202229/08/2022DutchPDF
Abridged model31/12/202030/06/202106/10/2021DutchPDF
Abridged model31/12/201908/09/202008/10/2020DutchPDF
Micro model31/12/201828/06/201923/07/2019DutchPDF
Abridged model31/12/201729/06/201831/07/2018DutchPDF
Abridged model31/12/201602/06/201717/07/2017DutchPDF
Abridged model31/12/201530/06/201626/07/2016DutchPDF
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 31/12/2021 · 1 active · 4 ended

Active mandates

MICHIEL VERHAEGEN

Director · since 29 décembre 2020

Active

Ended mandates

HILDE VERMOLEN

Managing director · since 02 juillet 2014 · until 05 juin 2020

Ended
HILDE VERMOLEN

Managing director · since 02 juillet 2014 · until 08 septembre 2020

Ended
MICHIEL VERHAEGEN

Managing director · since 02 juillet 2014 · until 05 juin 2020

Ended
MICHIEL VERHAEGEN

Managing director · since 02 juillet 2014 · until 08 septembre 2020

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office08/04/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates11/01/2021
    ONTSLAGEN - BENOEMINGEN - MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office15/03/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares22/04/2015
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other04/07/2014
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2021
    Annual accounts 2021-159,8 k €↓
  2. 2020
    Annual accounts 2020-8,4 k €↓
  3. 2019
    Annual accounts 2019138,7 k €↓
  4. 2018
    Annual accounts 2018282,1 k €↑
  5. 2017
    Annual accounts 2017-30,6 k €↑
  6. 2016
    Annual accounts 2016-43,3 k €↑
  7. 2015
    Annual accounts 2015-62,4 k €
  8. 02/07/2014
    IncorporationPublic limited company