OPENING OF BANKRUPTCY

M & A

Financial year 2020 · closed on 31/12/2020
Net result
188,7 k €
+658.6% YoY
Gross margin
293,1 k €
+623.6% YoY
Equity
201,8 k €
+1447.2% YoY

Company — Opening of bankruptcy.

What does M & A do?

M & A is a Private company with limited liability incorporated in 2018. Its main activity is: Retail sale of newspapers and stationery in specialised stores. Its registered office is in Genk.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0692.578.416
Incorporation
15/03/2018
Legal form
Private company with limited liability
Registered office
Onderwijslaan 49 box 1
3600 Genk · FlandreSee on map
Latest accounts
31/12/2020
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202020192018
Income statement
Gross margin293,1 k €40,5 k €-16,7 k €
EBITDA269,8 k €32 k €-20,5 k €
Operating result263,8 k €28 k €-23 k €
Net result188,7 k €24,9 k €-24,9 k €
Balance sheet
Equity201,8 k €13 k €-18,7 k €
Total assets351,2 k €71,1 k €33,3 k €
Cash83,4 k €32,5 k €1,3 k €
Debts149,4 k €58 k €52 k €
Governance

Board of directors

Seen on filing of 31/12/2020 · 2 active · 4 ended

Active mandates

Mehmet ARICI

Administrator - manager · since 02 octobre 2019

Active
Mehmet Arici

Mandate

Active

Ended mandates

Ali Saatchi

Manager · since 15 mars 2018 · until 02 octobre 2019

Ended
Ali Saatchi

Manager · since 15 mars 2018

Ended
Metin Demirsoy

Manager · since 15 mars 2018 · until 02 septembre 2019

Ended
Metin Demirsoy

Manager · since 15 mars 2018

Ended
At this address

Other companies at this address

CompanyCBE no.
Group KYCActive
0790.605.131
Annual accounts

Full financial information

202020192018
Type of accountMicro modelMicro modelMicro model
Start of the financial year01/01/202001/01/201915/03/2018
Closing of the financial year31/12/202031/12/201931/12/2018
Length of the financial year12 months12 months10 months
Filing date07/10/202226/05/202131/07/2019
General meeting29/06/202125/05/202128/06/2019
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202029/06/202107/10/2022DutchPDF
Micro model31/12/201925/05/202126/05/2021DutchPDF
Micro model31/12/201828/06/201931/07/2019DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2020 · 2 active · 4 ended

Active mandates

Mehmet ARICI

Administrator - manager · since 02 octobre 2019

Active
Mehmet Arici

Mandate

Active

Ended mandates

Ali Saatchi

Manager · since 15 mars 2018 · until 02 octobre 2019

Ended
Ali Saatchi

Manager · since 15 mars 2018

Ended
Metin Demirsoy

Manager · since 15 mars 2018 · until 02 septembre 2019

Ended
Metin Demirsoy

Manager · since 15 mars 2018

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates02/06/2020
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Other19/03/2018
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2020
    Annual accounts 2020188,7 k €
  2. 2019
    Annual accounts 201924,9 k €
  3. 2018
    Annual accounts 2018-24,9 k €
  4. 15/03/2018
    IncorporationPrivate company with limited liability