NORMAL SITUATION

TAIF MONEY EXCHANGE

Company — Normal situation.

Financial year 2024 · Closed on 31/12/2024

Net result-7,4 k €-171,1 %over 1 year
Gross margin-7 k €-196,4 %over 1 year
Equity59,8 k €-11,0 %over 1 year

Identity

Source · BCE/KBO

TAIF MONEY EXCHANGE is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0631.913.725
Legal form
Public limited company
Contributed capital
200 000,00 €
Latest accounts
31/12/2024
Signals
Solid equityGood liquidity

Financials

Source · NBB, 9 filings

Trend over 9 financial years

20242023202220212020
Income statement
Gross margin-7 k €-2,4 k €-1,6 k €-911,6 €-1,1 k €
EBITDA-7,4 k €-2,7 k €-2 k €-1,3 k €-917,8 €
Operating result-7,4 k €-2,7 k €-1,5 k €-1,3 k €-1,1 k €
Net result-7,4 k €-2,7 k €-1,5 k €-1,3 k €-1,1 k €
Balance sheet
Equity59,8 k €67,2 k €70 k €71,4 k €72,8 k €
Total assets66,6 k €69,8 k €70,5 k €71,9 k €74 k €
Cash–––––
Debts6,8 k €2,6 k €495,7 €0 €695 €

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 3 ended

Active mandates

FARHAN SADDAM RAHMA AL-MUSAWI

Managing director

Active
MOHAMEN FARHAN AL-MUSAWI

Director

Active
MUHAND ALMUZANY

Managing director

Active

Ended mandates

MOHAIMEN FARHA SADDAM AL-MUSAWI

Director

Ended
MOHAIMEN FARHAN AL-MUSAWI

Director

Ended
MURTATHA RAHMA

Managing director

Ended

Full financial information

Source · NBB
202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro 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 date30/08/202530/08/202431/08/202331/08/202217/08/202131/07/2020
General meeting18/06/202519/06/202421/06/202315/06/202216/06/202115/07/2020
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, 9 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202418/06/202530/08/2025FrenchPDF
Micro model31/12/202319/06/202430/08/2024FrenchPDF
Micro model31/12/202221/06/202331/08/2023FrenchPDF
Micro model31/12/202115/06/202231/08/2022FrenchPDF
Micro model31/12/202016/06/202117/08/2021FrenchPDF
Micro model31/12/201915/07/202031/07/2020FrenchPDF
Micro model31/12/201819/06/201925/06/2019FrenchPDF
Micro model31/12/201720/06/201822/06/2018FrenchPDF
Abridged model31/12/201609/08/201730/08/2017FrenchPDF

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

3 active · 3 ended

Active mandates

FARHAN SADDAM RAHMA AL-MUSAWI

Managing director

Active
MOHAMEN FARHAN AL-MUSAWI

Director

Active
MUHAND ALMUZANY

Managing director

Active

Ended mandates

MOHAIMEN FARHA SADDAM AL-MUSAWI

Director

Ended
MOHAIMEN FARHAN AL-MUSAWI

Director

Ended
MURTATHA RAHMA

Managing director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Dissolution18/09/2025
    RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...)
    PDF
  • Mandates30/07/2024
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office03/02/2020
    SIEGE SOCIAL
    PDF
  • Mandates17/04/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office29/05/2017
    SIEGE SOCIAL
    PDF
  • Registered office20/04/2017
    SIEGE SOCIAL
    PDF
  • Mandates24/02/2017
    CAPITAL, ACTIONS - 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. 2024
    Annual accounts 2024-7,4 k €↓
  2. 2023
    Annual accounts 2023-2,7 k €↓
  3. 2022
    Annual accounts 2022-1,5 k €↓
  4. 2021
    Annual accounts 2021-1,3 k €↓
  5. 2020
    Annual accounts 2020-1,1 k €↑
  6. 2019
    Annual accounts 2019-11,8 k €↓
  7. 2018
    Annual accounts 2018-2,3 k €↑
  8. 2017
    Annual accounts 2017-21,1 k €↑
  9. 2016
    Annual accounts 2016-90,9 k €