OPENING OF BANKRUPTCY

AZAZ MERTENS BUSINESS

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Company — Opening of bankruptcy.

Financial year 2022 · Closed on 31/12/2022

Net result231,4 k €+31 989,6 %over 1 year
Gross margin858,1 k €+479,2 %over 1 year
Equity236,1 k €+4 901,4 %over 1 year
Workforce9,4 ETP+88,0 %over 1 year

Identity

Source · BCE/KBO

AZAZ MERTENS BUSINESS is a Private limited company incorporated in 2020. Its main activity is: Electrical installation. Its registered office is in Fleurus. It employs on average 9,4 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0760.410.318
Incorporation
22/12/2020
Legal form
Private limited company
Registered office
Avenue de l'Espérance(F) 7E
6220 Fleurus · WallonieSee on map
Contributed capital
4 000,00 €
Latest accounts
31/12/2022
Average workforce
9,4 ETP
Joint committees (3)
  • 100
  • 124
  • 200
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 2 filings

Trend over 2 financial years

20222021
Income statement
Gross margin858,1 k €148,2 k €
EBITDA358 k €7,7 k €
Operating result334 k €1,8 k €
Net result231,4 k €721,1 €
Balance sheet
Equity236,1 k €4,7 k €
Total assets599 k €92,2 k €
Cash123,7 k €3,4 k €
Debts362,9 k €87,5 k €
Other
Workforce9,4 ETP5,0 ETP

Board of directors

Source · NBB, accounts to 31/12/2022

2 active

Active mandates

Magali MERTENS

Director · since 22 décembre 2020

Active
Mouloud AZAZ

Director · since 22 décembre 2020

Active

Full financial information

Source · NBB
20222021
Type of accountAbridged modelAbridged model
Start of the financial year01/01/202201/12/2020
Closing of the financial year31/12/202231/12/2021
Length of the financial year12 months13 months
Filing date26/05/202319/05/2022
General meeting24/04/202318/05/2022
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 2 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202224/04/202326/05/2023FrenchPDF
Abridged model31/12/202118/05/202219/05/2022FrenchPDF

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.

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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

2 active

Active mandates

Magali MERTENS

Director · since 22 décembre 2020

Active
Mouloud AZAZ

Director · since 22 décembre 2020

Active

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office08/05/2024
    SIEGE SOCIAL
    PDF
  • Registered office25/02/2022
    SIEGE SOCIAL - OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Other24/12/2020
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

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Timeline

  1. 2022
    Annual accounts 2022231,4 k €↑
  2. 2021
    Annual accounts 2021721,1 €
  3. 22/12/2020
    IncorporationPrivate limited company