OPENING OF BANKRUPTCY

MG DEVELOPPEMENT

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Company — Opening of bankruptcy.

Financial year 2020 · Closed on 31/12/2020

Net result-345,3 €+93,9 %over 1 year
Gross margin-230,8 €-101,6 %over 1 year
Equity6,4 k €-5,1 %over 1 year

Identity

Source · BCE/KBO

MG DEVELOPPEMENT is a Private limited company incorporated in 2017. Its registered office is in Schaerbeek.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0682.443.795
Incorporation
03/10/2017
Legal form
Private limited company
Registered office
Avenue Emile Zola 12
1030 Schaerbeek · BruxellesSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2020
Signals
Solid equityGood liquidity

Financials

Source · NBB, 3 filings

Trend over 3 financial years

202020192018
Income statement
Gross margin-230,8 €14,3 k €9,1 k €
EBITDA-230,8 €-5,7 k €614,2 €
Operating result-230,8 €-5,7 k €-266,6 €
Net result-345,3 €-5,7 k €32,1 €
Balance sheet
Equity6,4 k €6,7 k €12,4 k €
Total assets12 k €7,9 k €13,5 k €
Cash0 €5,1 €2,6 k €
Debts5,6 k €1,1 k €1,1 k €

Board of directors

Source · NBB, accounts to 31/12/2020

1 active · 1 ended

Active mandates

NOUREDINE ZARAOUI

Director

Active

Ended mandates

NOUREDINE ZARAOUI

Manager

Ended

Other companies at this address

Avenue Emile Zola 12 1030 Schaerbeek
CompanyCBE no.
Association des copropriétaires de l'immeuble situé à 1030 Schaearbeek, avenue Emile Zola 12● Active
0704.809.720
ATF GROUP● Active
0784.866.590
BEGATECH● Active
0758.921.466
V.S.● Active
0442.272.983

Full financial information

Source · NBB
202020192018
Type of accountMicro modelMicro modelMicro model
Start of the financial year01/01/202001/01/201903/10/2017
Closing of the financial year31/12/202031/12/201931/12/2018
Length of the financial year12 months12 months15 months
Filing date31/08/202130/11/202027/03/2020
General meeting21/05/202117/05/202017/05/2019
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 3 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202021/05/202131/08/2021FrenchPDF
Micro model31/12/201917/05/202030/11/2020FrenchPDF
Micro model31/12/201817/05/201927/03/2020FrenchPDF

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 31/12/2020

1 active · 1 ended

Active mandates

NOUREDINE ZARAOUI

Director

Active

Ended mandates

NOUREDINE ZARAOUI

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates11/04/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office03/03/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates04/11/2021
    WIJZIGING RECHTSVORM - DOEL - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other05/10/2017
    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. 2020
    Annual accounts 2020-345,3 €↑
  2. 2019
    Annual accounts 2019-5,7 k €↓
  3. 2018
    Annual accounts 201832,1 €
  4. 03/10/2017
    IncorporationPrivate limited company