OPENING OF BANKRUPTCY

MG STYLE

Financial year 2019 · closed on 31/12/2019
Net result
-29,3 k €
-126.7% YoY
Gross margin
47,6 k €
-67.0% YoY
Equity
41,4 k €
-52.3% YoY

Company — Opening of bankruptcy.

What does MG STYLE do?

MG STYLE is a Private company with limited liability incorporated in 2011. Its registered office is in Bruxelles.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0832.623.848
Incorporation
10/01/2011
Legal form
Private company with limited liability
Registered office
Avenue Louise 143 box 4
1050 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2019
Joint committees (1)
  • 302
Signals
Solid equityPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20192018201720162015201420122011
Income statement
Gross margin47,6 k €144,4 k €31,4 k €54,9 k €71,8 k €-0 €-10,5 k €28,9 k €
EBITDA36,3 k €133,1 k €15,8 k €25,3 k €71,1 k €-955 €-8,4 k €-2,9 k €
Operating result17,1 k €115,4 k €-212,7 €10,1 k €59,8 k €-4,2 k €-8,4 k €-10,4 k €
Net result-29,3 k €109,6 k €-7,2 k €4,5 k €51,6 k €-6 k €-11,4 k €-14,1 k €
Balance sheet
Equity41,4 k €86,7 k €12,8 k €20 k €15,5 k €-16 k €-18 k €-6,6 k €
Total assets129,3 k €193,5 k €95,7 k €133,1 k €130,5 k €117,2 k €2 k €71,4 k €
Cash8,8 k €5,5 k €600 €24 k €35,8 k €3,2 k €0 €
Debts87,9 k €106,8 k €82,9 k €113,1 k €114,9 k €133,2 k €20 k €78 k €
Governance

Board of directors

Seen on filing of 31/12/2019 · 2 active · 4 ended

Active mandates

Rocco DI DIO

Director · since 01 juin 2017

Active
Mustafa Güclu

Director · since 26 mai 2014

Active

Ended mandates

Guiseppina Mendolia

Manager · since 01 janvier 2012 · until 31 décembre 2012

Ended
Giuseppina Mendolia

Manager · since 01 janvier 2011 · until 31 décembre 2011

Ended
Giuseppina Mendolia

Manager

Ended
Mustafa Güclu

Manager

Ended
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Annual accounts

Full financial information

201920182017201620152014
Type of accountMicro modelMicro modelMicro modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/201901/01/201801/01/201701/01/201601/01/201501/01/2014
Closing of the financial year31/12/201931/12/201831/12/201731/12/201631/12/201531/12/2014
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/09/202026/08/201931/08/201824/08/201722/08/201629/09/2015
General meeting29/05/202031/05/201925/05/201826/05/201727/05/201629/05/2015
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/201929/05/202028/09/2020DutchPDF
Micro model31/12/201831/05/201926/08/2019DutchPDF
Micro model31/12/201725/05/201831/08/2018DutchPDF
Abridged model31/12/201626/05/201724/08/2017DutchPDF
Abridged model31/12/201527/05/201622/08/2016DutchPDF
Abridged model31/12/201429/05/201529/09/2015DutchPDF
Abridged model31/12/201231/05/201329/08/2013FrenchPDF
Abridged model31/12/201125/05/201204/12/2012FrenchPDF
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 31/12/2019 · 2 active · 4 ended

Active mandates

Rocco DI DIO

Director · since 01 juin 2017

Active
Mustafa Güclu

Director · since 26 mai 2014

Active

Ended mandates

Guiseppina Mendolia

Manager · since 01 janvier 2012 · until 31 décembre 2012

Ended
Giuseppina Mendolia

Manager · since 01 janvier 2011 · until 31 décembre 2011

Ended
Giuseppina Mendolia

Manager

Ended
Mustafa Güclu

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates20/05/2022
    DEMISSIONS, NOMINATIONS
    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. 2019
    Annual accounts 2019-29,3 k €
  2. 2018
    Annual accounts 2018109,6 k €
  3. 2017
    Annual accounts 2017-7,2 k €
  4. 2016
    Annual accounts 20164,5 k €
  5. 2015
    Annual accounts 201551,6 k €
  6. 2014
    Annual accounts 2014-6 k €
  7. 2012
    Annual accounts 2012-11,4 k €
  8. 2011
    Annual accounts 2011-14,1 k €
  9. 10/01/2011
    IncorporationPrivate company with limited liability