OPENING OF BANKRUPTCY

M&G-tech

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Financial year 2023 · closed on 31/12/2023
Net result
60 k €
+51.0% YoY
Gross margin
146 k €
+27.5% YoY
Equity
219,1 k €
+37.7% YoY

Company — Opening of bankruptcy.

What does M&G-tech do?

M&G-tech is a Private limited company incorporated in 2019. Its main activity is: Construction of utility projects for fluids. Its registered office is in Hechtel-Eksel.

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0727.534.840
Incorporation
27/05/2019
Legal form
Private limited company
Registered office
Lommelsebaan 5a
3940 Hechtel-Eksel · FlandreSee on map
Contributed capital
5 000,00 €
Latest accounts
31/12/2023
Activities (NACE)
42219Construction of utility projects for fluids· main42219Construction of utility projects for fluids42110Construction of roads and motorways42110Construction of roads and motorways43221Plumbing, heat and air-conditioning installation43221Plumbing, heat and air-conditioning installation+4
Joint committees (1)
  • 200
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2023202220212020
Income statement
Gross margin146 k €114,5 k €112,9 k €110 k €
EBITDA114,6 k €87,5 k €89,8 k €108,7 k €
Operating result80,6 k €57,1 k €64,8 k €81,1 k €
Net result60 k €39,7 k €53,6 k €60,8 k €
Balance sheet
Equity219,1 k €159,1 k €119,3 k €65,8 k €
Total assets412 k €372,6 k €202,6 k €157 k €
Cash8,2 k €7,3 k €657,5 €4,7 k €
Debts174,8 k €213,5 k €83,3 k €91,3 k €
Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active · 2 ended

Active mandates

Sabri Said

Director · since 01 octobre 2020

Active

Ended mandates

Said Sabri

Director · since 19 juin 2020

Ended
Sabri Said

Director

Ended
Annual accounts

Full financial information

2023202220212020
Type of accountMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202301/01/202201/01/202127/05/2019
Closing of the financial year31/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months20 months
Filing date10/11/202423/07/202324/09/202230/09/2021
General meeting20/06/202415/06/202316/06/202217/06/2021
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202320/06/202410/11/2024DutchPDF
Micro model31/12/202215/06/202323/07/2023DutchPDF
Micro model31/12/202116/06/202224/09/2022DutchPDF
Micro model31/12/202017/06/202130/09/2021DutchPDF
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 31/12/2023 · 1 active · 2 ended

Active mandates

Sabri Said

Director · since 01 octobre 2020

Active

Ended mandates

Said Sabri

Director · since 19 juin 2020

Ended
Sabri Said

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office22/01/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates27/10/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other29/05/2019
    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. 2023
    Annual accounts 202360 k €↑
  2. 2022
    Annual accounts 202239,7 k €↓
  3. 2021
    Annual accounts 202153,6 k €↓
  4. 2020
    Annual accounts 202060,8 k €
  5. 27/05/2019
    IncorporationPrivate limited company