OPENING OF BANKRUPTCY

KULAK GROUP

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Financial year 2021 · closed on 31/12/2021

Net result

72,6 k €

+286.3% YoY

Gross margin

83,5 k €

+317.7% YoY

Equity

-158,1 k €

+31.5% YoY

Company — Opening of bankruptcy.

What does KULAK GROUP do?

KULAK GROUP is a Private company with limited liability incorporated in 2010. Its registered office is in Ixelles.

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0823.747.160

Incorporation

08/03/2010

Legal form

Private company with limited liability

Registered office

Avenue Louise 231
1050 Ixelles · BruxellesSee on map

Contributed capital

12 400,00 €

Latest accounts

31/12/2021

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 12 financial years

	2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	83,5 k €	+318%	20 k €	+696%	-3,4 k €	+44.7%	-6,1 k €	-105%	118,5 k €	+585%	-24,4 k €	+76.2%	-102,6 k €	-653%	-13,6 k €	-685%	2,3 k €	+105%	-49,1 k €	-529%	-7,8 k €	-568%	-1,2 k €
EBITDA	81,6 k €	+325%	19,2 k €	+534%	-4,4 k €	+36.5%	-7 k €	-106%	117,1 k €	+245%	-80,7 k €	+22.5%	-104,2 k €	-572%	-15,5 k €	-105%	-7,6 k €	+85.7%	-52,7 k €	-477%	-9,1 k €	-682%	-1,2 k €
Operating result	79,5 k €	+314%	19,2 k €	+534%	-4,4 k €	+36.5%	-7 k €	-106%	117,1 k €	+245%	-80,7 k €	+23.6%	-105,7 k €	-371%	-22,4 k €	-55.1%	-14,5 k €	+75.8%	-59,6 k €	-308%	-14,6 k €	-1149%	-1,2 k €
Net result	72,6 k €	+286%	18,8 k €	+511%	-4,6 k €	+35.7%	-7,1 k €	-106%	116,7 k €	+244%	-81,2 k €	+23.6%	-106,3 k €	-275%	-28,4 k €	+40.3%	-47,5 k €	+44.8%	-86,1 k €	-386%	-17,7 k €	-703%	-2,2 k €
Balance sheet
Equity	-158,1 k €	+31.5%	-230,7 k €	+7.5%	-249,4 k €	-1.9%	-244,9 k €	-3.0%	-237,8 k €	+32.9%	-354,5 k €	-29.7%	-273,3 k €	-63.7%	-167 k €	-18.3%	-141,1 k €	-50.8%	-93,6 k €	-1146%	-7,5 k €	-174%	10,2 k €
Total assets	111,5 k €	+314%	26,9 k €	-47.1%	50,8 k €	+493%	8,6 k €	-12.0%	9,7 k €	-69.5%	31,9 k €	-96.9%	1 M €	-27.6%	1,4 M €	-4.2%	1,5 M €	-17.3%	1,8 M €	+44.8%	1,2 M €	+185%	429,4 k €
Cash	5,6 k €	+17.1%	4,8 k €	-90.3%	49,3 k €	+563%	7,4 k €	-15.1%	8,8 k €	-72.5%	31,9 k €	-70.4%	107,5 k €	+25690%	417 €	-99.0%	43,2 k €	+44.2%	29,9 k €	-90.3%	309 k €	+71.4%	180,3 k €
Debts	269,6 k €	+4.7%	257,6 k €	-14.2%	300,3 k €	+18.5%	253,4 k €	+2.4%	247,5 k €	-35.9%	386,4 k €	-70.0%	1,3 M €	-17.9%	1,6 M €	-2.2%	1,6 M €	-13.8%	1,9 M €	+51.5%	1,2 M €	+194%	419,2 k €

Governance

Board of directors

Seen on filing of 31/12/2021 · 3 active · 1 ended

Active mandates

ELYES BOUHAHA

Mandate

Active

MOHAMED ABDELOUAHED

Mandate

Active

MUSTAPHA KULAK

Mandate

Active

Ended mandates

MUSTAPHA KULAK

Manager · since 08 mars 2010

Ended

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Annual accounts

Full financial information

	2021	2020	2019	2018	2017	2016
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2021	01/01/2020	01/01/2019	01/01/2018	01/01/2017	01/01/2016
Closing of the financial year	31/12/2021	31/12/2020	31/12/2019	31/12/2018	31/12/2017	31/12/2016
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	01/09/2022	29/07/2021	28/07/2020	30/07/2019	25/07/2018	12/02/2018
General meeting	30/06/2022	30/06/2021	30/06/2020	28/06/2019	29/06/2018	30/06/2017
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

12 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2021	30/06/2022	01/09/2022	French	PDF
Abridged model	31/12/2020	30/06/2021	29/07/2021	French	PDF
Abridged model	31/12/2019	30/06/2020	28/07/2020	French	PDF
Abridged model	31/12/2018	28/06/2019	30/07/2019	French	PDF
Abridged model	31/12/2017	29/06/2018	25/07/2018	French	PDF
Abridged model	31/12/2016	30/06/2017	12/02/2018	French	PDF
Abridged model	31/12/2015	30/06/2016	05/10/2016	French	PDF
Abridged model	31/12/2014	26/06/2015	09/12/2015	French	PDF
Abridged model	31/12/2013	27/06/2014	29/08/2014	French	PDF
Abridged model	31/12/2012	28/06/2013	08/11/2013	French	PDF
Abridged model	31/12/2011	29/06/2012	28/09/2012	French	PDF
Abridged model	31/12/2010	24/06/2011	05/09/2011	French	PDF

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 31/12/2021 · 3 active · 1 ended

Active mandates

ELYES BOUHAHA

Mandate

Active

MOHAMED ABDELOUAHED

Mandate

Active

MUSTAPHA KULAK

Mandate

Active

Ended mandates

MUSTAPHA KULAK

Manager · since 08 mars 2010

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/12/2024
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates13/09/2023
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates09/03/2023
SIEGE SOCIAL - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates27/01/2022
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates12/03/2021
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Capital / shares14/02/2018
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Other19/03/2010
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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

2021
Annual accounts 202172,6 k €↑
2020
Annual accounts 202018,8 k €↑
2019
Annual accounts 2019-4,6 k €↑
2018
Annual accounts 2018-7,1 k €↓
2017
Annual accounts 2017116,7 k €↑
2016
Annual accounts 2016-81,2 k €↑
2015
Annual accounts 2015-106,3 k €↓
2014
Annual accounts 2014-28,4 k €↑
2013
Annual accounts 2013-47,5 k €↑
2012
Annual accounts 2012-86,1 k €↓
2011
Annual accounts 2011-17,7 k €↓
2010
Annual accounts 2010-2,2 k €
08/03/2010
IncorporationPrivate company with limited liability

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

KULAK GROUP

Overview

What does KULAK GROUP do?

Trend over 12 financial years

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline