ACTIVE

MEHER PETROLEUM

Financial year 2024 · Closed on 31/12/2024

Net result33,2 k €-55,9 %over 1 year
Gross margin814,1 k €-16,4 %over 1 year
Equity434,4 k €+8,3 %over 1 year
Workforce20,1 ETP-14,5 %over 1 year

Identity

Source · BCE/KBO

MEHER PETROLEUM is a Private limited company incorporated in 2018. Its main activity is: Retail sale of automotive fuel in specialised stores. Its registered office is in Antwerpen. It employs on average 20,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0698.977.149
Incorporation
29/06/2018
Legal form
Private limited company
Registered office
Steynstraat 168 box 5
2660 Antwerpen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2024
Average workforce
20,1 ETP
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 6 filings

Trend over 6 financial years

20242023202220212020
Income statement
Gross margin814,1 k €973,9 k €1,2 M €1 M €922,5 k €
EBITDA150 k €236,9 k €410 k €360,2 k €390,8 k €
Operating result82,6 k €180,4 k €360,8 k €326,4 k €372,7 k €
Net result33,2 k €75,4 k €74,4 k €114,6 k €80,3 k €
Balance sheet
Equity434,4 k €401,2 k €325,7 k €251,3 k €136,7 k €
Total assets1,9 M €2 M €1,9 M €1,5 M €1,4 M €
Cash156,5 k €96,2 k €118,9 k €342,1 k €314,1 k €
Debts1,5 M €1,6 M €1,6 M €1,2 M €1,2 M €
Other
Workforce20,1 ETP23,5 ETP23,3 ETP18,9 ETP17,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 2 ended

Active mandates

Imran Sarwar

Director

Active

Ended mandates

Imran Sarwar

Administrator - manager

Ended
Imran Sarwar

Manager

Ended

Other companies at this address

Steynstraat 168 2660 Antwerpen
CompanyCBE no.
MEHER GROUP● Active
0538.468.081

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202029/06/2018
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 months19 months
Filing date19/09/202530/09/202423/10/202329/08/202229/11/202130/10/2020
General meeting19/06/202520/06/202415/06/202316/06/202217/06/202118/06/2020
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, 6 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202419/06/202519/09/2025DutchPDF
Abridged model31/12/202320/06/202430/09/2024DutchPDF
Abridged model31/12/202215/06/202323/10/2023DutchPDF
Abridged model31/12/202116/06/202229/08/2022DutchPDF
Abridged model31/12/202017/06/202129/11/2021DutchPDF
Abridged model31/12/201918/06/202030/10/2020DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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

1 active · 2 ended

Active mandates

Imran Sarwar

Director

Active

Ended mandates

Imran Sarwar

Administrator - manager

Ended
Imran Sarwar

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates24/11/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - KAPITAAL - AANDELEN
    PDF
  • Other03/07/2018
    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. 2024
    Annual accounts 202433,2 k €↓
  2. 2023
    Annual accounts 202375,4 k €↑
  3. 2022
    Annual accounts 202274,4 k €↓
  4. 2021
    Annual accounts 2021114,6 k €↑
  5. 2020
    Annual accounts 202080,3 k €↑
  6. 2019
    Annual accounts 201937,9 k €
  7. 29/06/2018
    IncorporationPrivate limited company