ACTIVE

NORGAD (SRL)

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Financial year 2024 · closed on 31/12/2024

Net result

12 k €

-8.0% YoY

Gross margin

-3,8 k €

-112.2% YoY

Equity

79,2 k €

+17.8% YoY

What does NORGAD do?

NORGAD is a Private limited company incorporated in 2015. Its main activity is: Wholesale of wood, construction materials and sanitary equipment. Its registered office is in Bruxelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0597.979.858

Incorporation

13/02/2015

Legal form

Private limited company

Registered office

Boulevard Adolphe Max 71 box 5D
1000 Bruxelles · BruxellesSee on map

Contributed capital

20 900,00 €

Latest accounts

31/12/2024

Activities (NACE)

46732Wholesale of wood, construction materials and sanitary equipment· main 46832Wholesale trade, except of motor vehicles and motorcycles

Contacts

2 public details availableLog in to view

Signals

ProfitableGood liquidityPositive cashflow

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 10 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015
Income statement
Gross margin	-3,8 k €	-112%	31,1 k €	+1796%	-1,8 k €	-114%	12,7 k €	+1049%	1,1 k €	-90.4%	11,5 k €	+833%	-1,6 k €	-107%	22,9 k €	+411%	4,5 k €	+107%	2,2 k €
EBITDA	-4,7 k €	-115%	30,7 k €	+1775%	-1,8 k €	-114%	12,7 k €	+1049%	1,1 k €	-90.4%	11,5 k €	+833%	-1,6 k €	-107%	22,9 k €	+411%	4,5 k €	+107%	2,2 k €
Operating result	-4,7 k €	-115%	30,7 k €	+1775%	-1,8 k €	-114%	12,7 k €	+1049%	1,1 k €	-90.4%	11,5 k €	+833%	-1,6 k €	-107%	22,9 k €	+411%	4,5 k €	+300%	1,1 k €
Net result	12 k €	-8.0%	13 k €	-1.1%	13,2 k €	+16.6%	11,3 k €	+587%	-2,3 k €	-316%	-557,5 €	-114%	3,9 k €	-10.2%	4,3 k €	-1.6%	4,4 k €	+339%	1 k €
Balance sheet
Equity	79,2 k €	+17.8%	67,3 k €	+24.0%	54,2 k €	+32.1%	41,1 k €	+37.9%	29,8 k €	-7.2%	32,1 k €	-1.7%	32,6 k €	+13.6%	28,8 k €	+17.8%	24,4 k €	+22.0%	20 k €
Total assets	758,3 k €	-71.0%	2,6 M €	+121%	1,2 M €	+509%	194,5 k €	+83.1%	106,2 k €	-71.5%	372,3 k €	+168%	138,7 k €	+67.7%	82,7 k €	+5.8%	78,2 k €	-11.8%	88,7 k €
Cash	264,9 €	-99.4%	43,6 k €	+506%	7,2 k €	-27.8%	10 k €	-65.5%	28,9 k €	+1986%	1,4 k €	-96.4%	38,5 k €	+1180%	3 k €	-93.6%	46,8 k €	-12.4%	53,4 k €
Debts	679,1 k €	-73.3%	2,5 M €	+125%	1,1 M €	+637%	153,4 k €	+101%	76,4 k €	-77.5%	340,2 k €	+221%	106 k €	+96.6%	53,9 k €	+0.3%	53,8 k €	-21.7%	68,6 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 6 ended

Active mandates

Khaled MOHAMED GAD EL MAWLA MOHAMED

Director

Active

Ended mandates

Khaled MOHAMED GAD EL MAWLA MOHAMED

Director · since 27 septembre 2023

Ended

Mohamed Khaled GAD EL MAWLA MOHAMED

Manager · since 13 février 2015

Ended

Mohamed Khaled GAD EL MAWLA

Director

Ended

Mohamed Khaled GAD EL MAWLA

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
ZILIKA● Active	1000.573.707

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/09/2025	22/08/2024	29/09/2023	25/07/2022	30/08/2021	27/11/2020
General meeting	27/06/2025	28/06/2024	30/06/2023	24/06/2022	25/06/2021	13/10/2020
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

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Filings

Annual accounts filings

10 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	27/06/2025	30/09/2025	French	PDF
Micro model	31/12/2023	28/06/2024	22/08/2024	French	PDF
Micro model	31/12/2022	30/06/2023	29/09/2023	French	PDF
Abridged model	31/12/2021	24/06/2022	25/07/2022	French	PDF
Abridged model	31/12/2020	25/06/2021	30/08/2021	French	PDF
Abridged model	31/12/2019	13/10/2020	27/11/2020	French	PDF
Abridged model	31/12/2018	28/06/2019	29/08/2019	French	PDF
Abridged model	31/12/2017	29/06/2018	24/08/2018	French	PDF
Abridged model	31/12/2016	30/06/2017	20/07/2017	French	PDF
Abridged model	31/12/2015	24/06/2016	30/08/2016	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 6 ended

Active mandates

Khaled MOHAMED GAD EL MAWLA MOHAMED

Director

Active

Ended mandates

Khaled MOHAMED GAD EL MAWLA MOHAMED

Director · since 27 septembre 2023

Ended

Mohamed Khaled GAD EL MAWLA MOHAMED

Manager · since 13 février 2015

Ended

Mohamed Khaled GAD EL MAWLA

Director

Ended

Mohamed Khaled GAD EL MAWLA

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office08/05/2024
SIEGE SOCIAL
PDF
Mandates09/10/2023
MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Capital / shares10/07/2023
CAPITAL, ACTIONS
PDF
Registered office16/04/2018
SIEGE SOCIAL
PDF
Capital / shares24/05/2017
CAPITAL, ACTIONS
PDF
Capital / shares27/02/2017
CAPITAL, ACTIONS
PDF
Mandates15/12/2015
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Other17/02/2015
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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

2024
Annual accounts 202412 k €↓
2023
Annual accounts 202313 k €↓
2022
Annual accounts 202213,2 k €↑
2021
Annual accounts 202111,3 k €↑
2020
Annual accounts 2020-2,3 k €↓
2019
Annual accounts 2019-557,5 €↓
2018
Annual accounts 20183,9 k €↓
2017
Annual accounts 20174,3 k €↓
2016
Annual accounts 20164,4 k €↑
2015
Annual accounts 20151 k €
13/02/2015
IncorporationPrivate 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

NORGAD (SRL)

Overview

What does NORGAD do?

Trend over 10 financial years

Indicative valuation

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