ACTIVE

Middle East Shipping

Financial year 2025 · Closed on 31/12/2025

Net result116 k €+21,5 %over 1 year
Revenue1,6 M €+16,1 %over 1 year
Equity350,6 k €+49,5 %over 1 year

Identity

Source · BCE/KBO

Middle East Shipping is a Private limited company incorporated in 2020. Its main activity is: Sale of other motor vehicles. Its registered office is in Kelmis.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0759.830.692
Incorporation
15/12/2020
Legal form
Private limited company
Registered office
Rue Krickelstein 90A box 2ET
4720 Kelmis · WallonieSee on map
Contributed capital
40 000,00 €
Latest accounts
31/12/2025
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 5 filings

Trend over 5 financial years

20252024202320222021
Income statement
Revenue1,6 M €1,4 M €1,3 M €––
EBITDA168,4 k €124,2 k €108,3 k €21,4 k €109,9 k €
Operating result154,7 k €120 k €103,3 k €19,7 k €109,9 k €
Net result116 k €95,5 k €99,1 k €16,4 k €81,1 k €
Balance sheet
Equity350,6 k €234,6 k €139,1 k €137,5 k €121,1 k €
Total assets396,2 k €274,4 k €368,6 k €618,5 k €274,3 k €
Cash34,4 k €64,3 k €27,3 k €95 k €103,2 k €
Debts45,7 k €39,8 k €229,5 k €481 k €153,2 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2022

1 active

Last known composition, from the accounts closed on 31/12/2022, more than two years before the latest accounts. The mandates shown may have expired.

Active mandates

Yaghi MAZEN

Director · since 15 décembre 2020

Active

Full financial information

Source · NBB
20252024202320222021
Type of accountMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/12/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months13 months
Filing date21/05/202609/04/202606/11/202430/08/202331/08/2022
General meeting20/05/202603/06/202503/06/202403/06/202304/06/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 5 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202520/05/202621/05/2026DutchPDF
Micro model31/12/202403/06/202509/04/2026DutchPDF
Micro model31/12/202303/06/202406/11/2024DutchPDF
Micro model31/12/202203/06/202330/08/2023DutchPDF
Micro model31/12/202104/06/202231/08/2022DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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 31/12/2022

1 active

Last known composition, from the accounts closed on 31/12/2022, more than two years before the latest accounts. The mandates shown may have expired.

Active mandates

Yaghi MAZEN

Director · since 15 décembre 2020

Active

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates27/11/2024
    MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office24/05/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other17/12/2020
    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. 2025
    Annual accounts 2025116 k €↑
  2. 2024
    Annual accounts 202495,5 k €↓
  3. 2023
    Annual accounts 202399,1 k €↑
  4. 2022
    Annual accounts 202216,4 k €↓
  5. 2021
    Annual accounts 202181,1 k €
  6. 15/12/2020
    IncorporationPrivate limited company