OPENING OF BANKRUPTCY

Farao's Transport

Company — Opening of bankruptcy.

Financial year 2023 · Closed on 31/12/2023

Net result6,3 k €+740,5 %over 1 year
Gross margin15,6 k €+1 749,0 %over 1 year
Equity7,3 k €+617,6 %over 1 year

Identity

Source · BCE/KBO

Farao's Transport is a Private limited company incorporated in 2022. Its main activity is: Other postal and courier activities. Its registered office is in Antwerpen.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0788.750.847
Incorporation
19/07/2022
Legal form
Private limited company
Registered office
Haantjeslei 197
2018 Antwerpen · FlandreSee on map
Contributed capital
2 000,00 €
Latest accounts
31/12/2023
Signals
ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 2 filings

Trend over 2 financial years

20232022
Income statement
Gross margin15,6 k €-946,3 €
EBITDA14,5 k €-946,3 €
Operating result8,8 k €-946,3 €
Net result6,3 k €-981,8 €
Balance sheet
Equity7,3 k €1 k €
Total assets56,2 k €4,8 k €
Cash2,7 k €4,8 k €
Debts48,9 k €3,7 k €

Board of directors

Source · NBB, accounts to 31/12/2023

1 active · 1 ended

Active mandates

MARCIN KATWINSKI

Director

Active

Ended mandates

Ibrahim Elmashadd

Mandate

Ended

Other companies at this address

Haantjeslei 197 2018 Antwerpen
CompanyCBE no.
ALISAWI GROUP● Bankrupt
0772.358.936
Kabbani● Bankrupt
0802.128.335
L.M.K COMPANY● Active
0748.524.254
Marost● Bankrupt
0553.949.083
0736.476.557
0864.754.307

Full financial information

Source · NBB
20232022
Type of accountMicro modelMicro model
Start of the financial year01/01/202301/01/2022
Closing of the financial year31/12/202331/12/2022
Length of the financial year12 months12 months
Filing date27/11/202427/11/2024
General meeting27/11/202430/06/2023
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
Micro model31/12/202327/11/202427/11/2024DutchPDF
Micro model31/12/202230/06/202327/11/2024DutchPDF

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 31/12/2023

1 active · 1 ended

Active mandates

MARCIN KATWINSKI

Director

Active

Ended mandates

Ibrahim Elmashadd

Mandate

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates22/08/2024
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office08/09/2022
    MAATSCHAPPELIJKE ZETEL - DIVERSEN
    PDF
  • Other22/07/2022
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

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Timeline

  1. 2023
    Annual accounts 20236,3 k €↑
  2. 2022
    Annual accounts 2022-981,8 €
  3. 19/07/2022
    IncorporationPrivate limited company