OPENING OF BANKRUPTCY

MAGITEC SERVICES

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Financial year 2021 · closed on 31/12/2021
Net result
-11,5 k €
-113.3% YoY
Gross margin
179,6 k €
+29.8% YoY
Equity
140,9 k €
-3.6% YoY

Company — Opening of bankruptcy.

What does MAGITEC SERVICES do?

MAGITEC SERVICES is a Private company with limited liability incorporated in 2018. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Bruxelles.

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0716.714.885
Incorporation
20/12/2018
Legal form
Private company with limited liability
Registered office
Rue des Poissonniers 13
1000 Bruxelles · BruxellesSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2021
Activities (NACE)
43221Plumbing, heat and air-conditioning installation· main43221Plumbing, heat and air-conditioning installation43222Plumbing, heat and air-conditioning installation43222Plumbing, heat and air-conditioning installation46150Agents involved in the sale of furniture, household goods, hardware and ironmongery46150Agents involved in the sale of furniture, household goods, hardware and ironmongery+2
Signals
Solid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202120202019
Income statement
Gross margin179,6 k €138,4 k €69,3 k €
EBITDA17,7 k €121 k €68,7 k €
Operating result5,4 k €111,8 k €59,8 k €
Net result-11,5 k €86,4 k €47,4 k €
Balance sheet
Equity140,9 k €146,2 k €59,8 k €
Total assets204 k €219,2 k €100,8 k €
Cash17,7 k €114,7 k €34,6 k €
Debts63,1 k €73 k €41 k €
Governance

Board of directors

Seen on filing of 31/12/2021 · 1 active · 2 ended

Active mandates

Beslan Gaitamirov

Director · since 15 janvier 2022

Active

Ended mandates

Tarik Maghnouj

Director · since 20 décembre 2018

Ended
Tarik Maghnouj

Mandate

Ended
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Annual accounts

Full financial information

202120202019
Type of accountMicro modelMicro modelMicro model
Start of the financial year01/01/202101/01/202020/12/2018
Closing of the financial year31/12/202131/12/202031/12/2019
Length of the financial year12 months12 months13 months
Filing date25/10/202214/04/202211/08/2020
General meeting17/06/202218/06/202119/06/2020
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 model31/12/202117/06/202225/10/2022DutchPDF
Micro model31/12/202018/06/202114/04/2022DutchPDF
Micro model31/12/201919/06/202011/08/2020DutchPDF
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.

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 31/12/2021 · 1 active · 2 ended

Active mandates

Beslan Gaitamirov

Director · since 15 janvier 2022

Active

Ended mandates

Tarik Maghnouj

Director · since 20 décembre 2018

Ended
Tarik Maghnouj

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates25/04/2022
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office16/03/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other24/12/2018
    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. 2021
    Annual accounts 2021-11,5 k €↓
  2. 2020
    Annual accounts 202086,4 k €↑
  3. 2019
    Annual accounts 201947,4 k €
  4. 20/12/2018
    IncorporationPrivate company with limited liability