OPENING OF BANKRUPTCY

M & M Elektro

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Company — Opening of bankruptcy.

Financial year 2023 · Closed on 31/12/2023

Net result135,2 k €+105,2 %over 1 year
Gross margin235,4 k €+23,8 %over 1 year
Equity397,4 k €+51,6 %over 1 year

Identity

Source · BCE/KBO

M & M Elektro is a Private limited company incorporated in 2017. Its registered office is in Heusden-Zolder.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0681.446.675
Incorporation
15/09/2017
Legal form
Private limited company
Registered office
Lindelaan 55 box K8
3550 Heusden-Zolder · FlandreSee on map
Contributed capital
6 500,00 €
Latest accounts
31/12/2023
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 6 filings

Trend over 6 financial years

20232022202120202019
Income statement
Gross margin235,4 k €190,1 k €119,7 k €55,6 k €120,9 k €
EBITDA190 k €133,2 k €102,7 k €53,8 k €118,3 k €
Operating result148,1 k €92,7 k €87,4 k €43,5 k €108,5 k €
Net result135,2 k €65,9 k €45,4 k €37,3 k €102,2 k €
Balance sheet
Equity397,4 k €262,2 k €196,3 k €150,9 k €113,6 k €
Total assets876,4 k €524,3 k €431,2 k €278,3 k €193,4 k €
Cash–22,9 k €48,3 k €8,5 k €23,3 k €
Debts479 k €262,1 k €234,9 k €127,4 k €79,8 k €

Full financial information

Source · NBB
202320222021202020192018
Type of accountAbridged modelAbridged modelMicro modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/09/2017
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months16 months
Filing date29/10/202429/09/202317/10/202231/08/202124/08/202018/11/2019
General meeting14/06/202409/06/202310/06/202211/06/202112/06/202014/06/2019
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, 6 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202314/06/202429/10/2024DutchPDF
Abridged model31/12/202209/06/202329/09/2023DutchPDF
Micro model31/12/202110/06/202217/10/2022DutchPDF
Abridged model31/12/202011/06/202131/08/2021DutchPDF
Abridged model31/12/201912/06/202024/08/2020DutchPDF
Abridged model31/12/201814/06/201918/11/2019DutchPDF

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.

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates16/09/2024
    MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office21/09/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates28/06/2022
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office29/10/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates04/03/2021
    DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates11/02/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other20/09/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2023
    Annual accounts 2023135,2 k €↑
  2. 2022
    Annual accounts 202265,9 k €↑
  3. 2021
    Annual accounts 202145,4 k €↑
  4. 2020
    Annual accounts 202037,3 k €↓
  5. 2019
    Annual accounts 2019102,2 k €↑
  6. 2018
    Annual accounts 20184,9 k €
  7. 15/09/2017
    IncorporationPrivate limited company