ACTIVE

KING DRINKS

Export PDF
Financial year 2024 · closed on 31/12/2024
Net result
21 k €
+61.2% YoY
Gross margin
26 k €
+33.9% YoY
Equity
75,8 k €
+38.3% YoY

What does KING DRINKS do?

KING DRINKS is a Private limited company incorporated in 2018. Its main activity is: Wholesale of beverages. Its registered office is in Mechelen.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0704.610.077
Incorporation
14/09/2018
Legal form
Private limited company
Registered office
Motstraat 60/N box A13
2800 Mechelen · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2024
Activities (NACE)
46341Wholesale of beverages· main46341Wholesale of beverages46360Wholesale of sugar and chocolate and sugar confectionery46360Wholesale of sugar and chocolate and sugar confectionery
Joint committees (1)
  • 119
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202420232022202120202019
Income statement
Gross margin26 k €19,4 k €14 k €52,9 k €34 k €48,8 k €
EBITDA25 k €18,4 k €11,7 k €9,7 k €6,3 k €10,7 k €
Operating result24,8 k €17,5 k €10,6 k €8,5 k €5,2 k €9,5 k €
Net result21 k €13 k €10 k €7,6 k €9,7 k €8,3 k €
Balance sheet
Equity75,8 k €54,8 k €41,8 k €31,8 k €24,2 k €14,5 k €
Total assets199,1 k €190,7 k €161,2 k €140,2 k €72 k €77,5 k €
Cash41,8 k €4,7 k €482 €4,7 k €7,3 k €17,9 k €
Debts123,3 k €135,9 k €119,4 k €108,3 k €47,8 k €63,1 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2022 · 1 active · 1 ended

Active mandates

SINGH PINCEJEET

Mandate

Active

Ended mandates

VEKRAM GULATI

Mandate

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/10/2018
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 months15 months
Filing date12/11/202531/10/202422/11/202329/11/202221/09/202127/07/2020
General meeting02/05/202503/05/202405/05/202306/05/202228/05/202104/05/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202402/05/202512/11/2025DutchPDF
Abridged model31/12/202303/05/202431/10/2024DutchPDF
Abridged model31/12/202205/05/202322/11/2023DutchPDF
Abridged model31/12/202106/05/202229/11/2022DutchPDF
Abridged model31/12/202028/05/202121/09/2021DutchPDF
Abridged model31/12/201904/05/202027/07/2020DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

Governance

Board of directors

Seen on filing of 31/12/2022 · 1 active · 1 ended

Active mandates

SINGH PINCEJEET

Mandate

Active

Ended mandates

VEKRAM GULATI

Mandate

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Competition

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 202421 k €↑
  2. 2023
    Annual accounts 202313 k €↑
  3. 2022
    Annual accounts 202210 k €↑
  4. 2021
    Annual accounts 20217,6 k €↓
  5. 2020
    Annual accounts 20209,7 k €↑
  6. 2019
    Annual accounts 20198,3 k €
  7. 14/09/2018
    IncorporationPrivate limited company