OPENING OF BANKRUPTCY

MSB

Financial year 2024 · closed on 31/12/2024
Net result
-51,2 k €
+10.9% YoY
Gross margin
-35,3 k €
+11.5% YoY
Equity
-278,8 k €
-22.5% YoY

Company — Opening of bankruptcy.

What does MSB do?

MSB is a Private company with limited liability incorporated in 2008. Its main activity is: Retail sale of other household equipment in specialised stores. Its registered office is in Sint-Niklaas.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0807.241.621
Incorporation
21/10/2008
Legal form
Private company with limited liability
Registered office
Mercatorstraat 156 box 1
9100 Sint-Niklaas · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2024
Joint committees (2)
  • 126
  • 218
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202420232022202120202019201820172016201520142013201220102009
Income statement
Gross margin-35,3 k €-39,8 k €-47,6 k €11,2 k €-33,8 k €3,8 k €-73,7 k €14,3 k €10,9 k €-49,1 k €3,4 k €5,1 k €-51,1 k €30,1 k €46,2 k €
EBITDA-36,2 k €-41,1 k €-49,5 k €11,2 k €-34,0 k €3,5 k €-76,2 k €10,4 k €10,0 k €-50,6 k €2,0 k €4,5 k €-52,2 k €3,2 k €28,5 k €
Operating result-51,2 k €-56,1 k €-49,5 k €11,2 k €-34,0 k €3,5 k €-82,0 k €10,4 k €10,0 k €-53,9 k €2,0 k €1,0 k €-55,9 k €-6,2 k €16,3 k €
Net result-51,2 k €-57,5 k €-49,6 k €11,0 k €-34,1 k €3,4 k €-82,2 k €7,7 k €9,8 k €20,8 k €2,4 k €1,4 k €147,0 €-11,5 k €12,5 k €
Balance sheet
Equity-278,8 k €-227,5 k €-170,1 k €-120,4 k €-131,4 k €-53,3 k €-56,7 k €25,4 k €17,7 k €7,9 k €-12,9 k €-15,3 k €-16,8 k €7,2 k €18,7 k €
Total assets53,5 k €68,2 k €124,8 k €622,1 k €614,0 k €108,7 k €517,5 k €289,8 k €407,1 k €250,8 k €597,5 k €589,5 k €548,7 k €257,5 k €254,3 k €
Cash6,9 k €2,9 k €4,2 k €354,0 €62,8 k €107,3 k €102,0 k €91,9 k €22,1 k €32,4 k €4,5 k €
Debts332,3 k €295,7 k €294,8 k €742,5 k €745,5 k €161,9 k €574,2 k €264,4 k €389,4 k €242,9 k €610,4 k €602,6 k €565,4 k €250,3 k €235,6 k €
Other
Workforce0,4 ETP
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 5 ended

Active mandates

Soner Altiner

Director · since 31 décembre 2011

Active

Ended mandates

Fevzi GUNDOGDU

Mandate

Ended
Fevzi GUNDOGDU

Manager

Ended
Mehmet OZ

Mandate

Ended
Mehmet OZ

Manager

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date06/10/202512/09/202519/05/202525/03/202524/03/202506/03/2025
General meeting20/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202420/06/202506/10/2025DutchPDF
Micro model31/12/202330/06/202412/09/2025DutchPDF
Micro model31/12/202230/06/202319/05/2025DutchPDF
Micro model31/12/202130/06/202225/03/2025FrenchPDF
Micro model31/12/202030/06/202124/03/2025FrenchPDF
Micro model31/12/201930/06/202006/03/2025FrenchPDF
Abridged model31/12/201830/06/201926/02/2021DutchPDF
Abridged model31/12/201730/06/201830/01/2019DutchPDF
Abridged model31/12/201630/06/201709/10/2018DutchPDF
Abridged model31/12/201530/06/201630/08/2016DutchPDF
Abridged model31/12/201430/06/201524/08/2015DutchPDF
Abridged model31/12/201330/06/201427/10/2014DutchPDF
Abridged model31/12/201230/06/201329/08/2013DutchPDF
Abridged model31/12/201030/06/201129/08/2011DutchPDF
Abridged model31/12/200918/06/201011/10/2010DutchPDF
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 31/12/2024 · 1 active · 5 ended

Active mandates

Soner Altiner

Director · since 31 décembre 2011

Active

Ended mandates

Fevzi GUNDOGDU

Mandate

Ended
Fevzi GUNDOGDU

Manager

Ended
Mehmet OZ

Mandate

Ended
Mehmet OZ

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office09/11/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates02/04/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/09/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other29/10/2008
    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. 2024
    Annual accounts 2024-51,2 k €
  2. 2023
    Annual accounts 2023-57,5 k €
  3. 2022
    Annual accounts 2022-49,6 k €
  4. 2021
    Annual accounts 202111,0 k €
  5. 2020
    Annual accounts 2020-34,1 k €
  6. 2019
    Annual accounts 20193,4 k €
  7. 2018
    Annual accounts 2018-82,2 k €
  8. 2017
    Annual accounts 20177,7 k €
  9. 2016
    Annual accounts 20169,8 k €
  10. 2015
    Annual accounts 201520,8 k €
  11. 2014
    Annual accounts 20142,4 k €
  12. 2013
    Annual accounts 20131,4 k €
  13. 2012
    Annual accounts 2012147,0 €
  14. 2010
    Annual accounts 2010-11,5 k €
  15. 2009
    Annual accounts 200912,5 k €
  16. 21/10/2008
    IncorporationPrivate company with limited liability