OPENING OF BANKRUPTCY

M & G

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Financial year 2023 · closed on 31/12/2023

Net result

9,5 k €

-60.1% YoY

Gross margin

268,4 k €

+19.9% YoY

Equity

340,1 k €

+2.9% YoY

Workforce

6,3 ETP

Company — Opening of bankruptcy.

What does M & G do?

M & G is a Private limited company incorporated in 2012. Its main activity is: Retail sale in non-specialised stores with food, beverages or tobacco predominating. Its registered office is in Antwerpen. It employs on average 6,3 ETP workers (FTE).

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0846.014.501

Incorporation

16/05/2012

Legal form

Private limited company

Registered office

Uitbreidingstraat 66 box 26
2600 Antwerpen · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2023

Average workforce

6,3 ETP

Activities (NACE)

47110Retail sale in non-specialised stores with food, beverages or tobacco predominating· main 47113Retail sale in non-specialised stores with food, beverages or tobacco predominating

Joint committees (2)

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 11 financial years

	2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013
Income statement
Gross margin	268,4 k €	+19.9%	223,9 k €	-20.7%	282,5 k €	-6.0%	300,7 k €	+476%	52,2 k €	-79.7%	256,6 k €	+15.7%	221,9 k €	+70.3%	130,2 k €	+30.9%	99,5 k €	-49.4%	196,5 k €	+27.1%	154,6 k €
EBITDA	45,9 k €	-16.4%	54,9 k €	-38.0%	88,5 k €	-18.4%	108,5 k €	+255%	-70 k €	-182%	85 k €	-9.5%	93,9 k €	+201%	31,2 k €	+234%	-23,3 k €	-120%	115,7 k €	+122%	52,1 k €
Operating result	31,3 k €	-32.6%	46,3 k €	-37.3%	73,9 k €	-19.0%	91,2 k €	+205%	-87,1 k €	-228%	67,9 k €	+7.3%	63,2 k €	+866%	-8,3 k €	+86.3%	-60,2 k €	-166%	91,5 k €	+192%	31,3 k €
Net result	9,5 k €	-60.1%	23,7 k €	-53.6%	51,1 k €	+13.3%	45,1 k €	-22.8%	58,4 k €	+141%	24,2 k €	-20.3%	30,3 k €	+273%	8,1 k €	-15.1%	9,6 k €	-76.9%	41,4 k €	+127%	18,2 k €
Balance sheet
Equity	340,1 k €	+2.9%	330,7 k €	+7.7%	306,9 k €	+20.0%	255,8 k €	+21.4%	210,7 k €	+38.3%	152,3 k €	+18.9%	128,2 k €	+31.0%	97,8 k €	+9.1%	89,7 k €	+12.0%	80,1 k €	+107%	38,7 k €
Total assets	587 k €	+23.9%	473,9 k €	-9.9%	525,8 k €	+5.5%	498,5 k €	+41.4%	352,6 k €	-15.3%	416,2 k €	-13.6%	481,6 k €	+3.1%	467 k €	+3.0%	453,6 k €	+13.0%	401,6 k €	+25.0%	321,3 k €
Cash	27,3 k €	+283%	7,1 k €	-26.0%	9,7 k €	-57.7%	22,8 k €	+443%	4,2 k €	+238%	1,2 k €	-70.2%	4,2 k €	-79.7%	20,6 k €	+30.2%	15,8 k €	+0.6%	15,7 k €	-19.9%	19,6 k €
Debts	246,9 k €	+72.3%	143,3 k €	-34.5%	218,9 k €	-9.8%	242,6 k €	+71.0%	141,9 k €	-46.2%	263,9 k €	-18.1%	322,3 k €	-0.6%	324,3 k €	+0.9%	321,5 k €	+4.0%	309,1 k €	+9.7%	281,7 k €
Other
Workforce	6,3 ETP		–		–		6,2 ETP	+87.9%	3,3 ETP		–		–		3,3 ETP	+50.0%	2,2 ETP	0.0%	2,2 ETP	+83.3%	1,2 ETP

Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active · 3 ended

Active mandates

Mazlum Bildirici

Director · since 16 mai 2012

Active

Ended mandates

Mazlum Bildirici

Mandate · since 15 mai 2012

Ended

Mazlum Bildirici

Manager

Ended

Yildirim Gorhan

Manager

Ended

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Annual accounts

Full financial information

	2023	2022	2021	2020	2019	2018
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Micro model
Start of the financial year	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018
Closing of the financial year	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	16/10/2024	24/04/2024	08/02/2023	06/12/2021	30/10/2020	20/08/2019
General meeting	16/09/2024	20/04/2024	08/01/2023	07/06/2021	01/06/2020	04/06/2019
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

11 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2023	16/09/2024	16/10/2024	Dutch	PDF
Abridged model	31/12/2022	20/04/2024	24/04/2024	Dutch	PDF
Abridged model	31/12/2021	08/01/2023	08/02/2023	Dutch	PDF
Abridged model	31/12/2020	07/06/2021	06/12/2021	Dutch	PDF
Abridged model	31/12/2019	01/06/2020	30/10/2020	Dutch	PDF
Micro model	31/12/2018	04/06/2019	20/08/2019	Dutch	PDF
Micro model	31/12/2017	04/06/2018	23/10/2018	Dutch	PDF
Abridged model	31/12/2016	15/04/2017	17/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	29/09/2016	Dutch	PDF
Abridged model	31/12/2014	31/03/2015	19/06/2015	Dutch	PDF
Abridged model	31/12/2013	15/04/2014	24/04/2014	Dutch	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 31/12/2023 · 1 active · 3 ended

Active mandates

Mazlum Bildirici

Director · since 16 mai 2012

Active

Ended mandates

Mazlum Bildirici

Mandate · since 15 mai 2012

Ended

Mazlum Bildirici

Manager

Ended

Yildirim Gorhan

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office24/02/2025
MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
PDF
Mandates05/01/2024
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates21/09/2016
ONTSLAGEN - BENOEMINGEN
PDF
Other04/09/2014
DOEL - BOEKJAAR
PDF
Mandates02/01/2014
ONTSLAGEN - BENOEMINGEN
PDF
Other14/01/2013
ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates11/06/2012
ONTSLAGEN - BENOEMINGEN
PDF
Other21/05/2012
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

2023
Annual accounts 20239,5 k €↓
2022
Annual accounts 202223,7 k €↓
2021
Annual accounts 202151,1 k €↑
2020
Annual accounts 202045,1 k €↓
2019
Annual accounts 201958,4 k €↑
2018
Annual accounts 201824,2 k €↓
2017
Annual accounts 201730,3 k €↑
2016
Annual accounts 20168,1 k €↓
2015
Annual accounts 20159,6 k €↓
2014
Annual accounts 201441,4 k €↑
2013
Annual accounts 201318,2 k €
16/05/2012
IncorporationPrivate limited company

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

M & G

Overview

What does M & G do?

Trend over 11 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