OPENING OF BANKRUPTCY

MEN IN BUSINESS

Company — Opening of bankruptcy.

Financial year 2021 · Closed on 31/12/2021

Net result-361,9 k €+27,8 %over 1 year
Gross margin255,2 k €+743,5 %over 1 year
Equity-1,7 M €-27,4 %over 1 year
Workforce14,0 ETP+4,5 %over 1 year

Identity

Source · BCE/KBO

MEN IN BUSINESS is a Private company with limited liability incorporated in 2016. Its main activity is: Retail sale of clothing in specialised stores. Its registered office is in Beloeil. It employs on average 14,0 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0650.579.097
Incorporation
18/03/2016
Legal form
Private company with limited liability
Registered office
Chaussée Brunehaut (Que) 121
7972 Beloeil · Wallonie
Contributed capital
19 200,00 €
Latest accounts
31/12/2021
Average workforce
14,0 ETP
Signals
Healthy social debts

Financials

Source · NBB, 5 filings

Trend over 5 financial years

20212020201920182017
Income statement
Gross margin255,2 k €30,2 k €529,9 k €358,6 k €261,3 k €
EBITDA-204,2 k €-343,6 k €-34 k €-185,5 k €-150,1 k €
Operating result-345,7 k €-488,8 k €-179,3 k €-329,4 k €-254,6 k €
Net result-361,9 k €-501,1 k €-201,4 k €-359,8 k €-279 k €
Balance sheet
Equity-1,7 M €-1,3 M €-821 k €-619,6 k €-259,8 k €
Total assets725 k €846,1 k €1 M €1,1 M €1,3 M €
Cash283,7 k €254,2 k €190,6 k €253,7 k €222,6 k €
Debts2,4 M €2,2 M €1,8 M €1,8 M €1,6 M €
Other
Workforce14,0 ETP13,4 ETP32,2 ETP16,8 ETP11,4 ETP

Board of directors

Source · NBB, accounts to 31/12/2021

1 active

Active mandates

JALAL HANOUT

Manager · since 18 mars 2016

Active

Other companies at this address

Chaussée Brunehaut (Que) 121 7972 Beloeil
CompanyCBE no.
0402.486.157
H.L.JEWELS● Bankrupt
0825.810.785

Full financial information

Source · NBB
20212020201920182017
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202101/01/202001/01/201901/01/201818/03/2016
Closing of the financial year31/12/202131/12/202031/12/201931/12/201831/12/2017
Length of the financial year12 months12 months12 months12 months22 months
Filing date31/08/202231/08/202118/09/202029/08/201916/07/2018
General meeting17/03/202211/06/202104/09/202007/06/201908/06/2018
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 5 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202117/03/202231/08/2022FrenchPDF
Abridged model31/12/202011/06/202131/08/2021FrenchPDF
Abridged model31/12/201904/09/202018/09/2020FrenchPDF
Abridged model31/12/201807/06/201929/08/2019FrenchPDF
Abridged model31/12/201708/06/201816/07/2018FrenchPDF

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.

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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 31/12/2021

1 active

Active mandates

JALAL HANOUT

Manager · since 18 mars 2016

Active

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other14/11/2016
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Other22/03/2016
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

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 2021-361,9 k €↑
  2. 2020
    Annual accounts 2020-501,1 k €↓
  3. 2019
    Annual accounts 2019-201,4 k €↑
  4. 2018
    Annual accounts 2018-359,8 k €↓
  5. 2017
    Annual accounts 2017-279 k €
  6. 18/03/2016
    IncorporationPrivate company with limited liability