OPENING OF BANKRUPTCY

H & M Group

Company — Opening of bankruptcy.

Financial year 2018 · Closed on 31/12/2018

Net result31,8 k €-28,9 %over 1 year
Gross margin43,7 k €-78,5 %over 1 year
Equity59,6 k €-45,4 %over 1 year

Identity

Source · BCE/KBO

H & M Group is a Private limited company incorporated in 2012. Its main activity is: Building completion and finishing. Its registered office is in Hasselt.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0848.877.880
Incorporation
21/09/2012
Legal form
Private limited company
Registered office
Gouverneur Roppesingel 83
3500 Hasselt · FlandreSee on map
Latest accounts
31/12/2018
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 6 filings

Trend over 6 financial years

20182017201620152014
Income statement
Gross margin43,7 k €203,4 k €77,9 k €42,4 k €3,9 k €
EBITDA38,1 k €52,3 k €38 k €41 k €3,5 k €
Operating result31,7 k €45,9 k €36,9 k €40,3 k €3,5 k €
Net result31,8 k €44,6 k €21,6 k €25 k €3,5 k €
Balance sheet
Equity59,6 k €109,1 k €64,5 k €32,9 k €5,6 k €
Total assets336,6 k €602,7 k €92,5 k €63,5 k €5,6 k €
Cash63,3 k €38,7 k €–1,5 k €1,6 k €
Debts277,1 k €493,6 k €27,7 k €30,6 k €–

Board of directors

Source · NBB, accounts to 31/12/2018

1 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Mehmet Sarican
MandateManager05/01/2015 → 2016 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Ramazan Tarcan
Managerlisted until the 2014 accounts
Hasan Usluy
Manager21/09/2012 → 2014 accounts

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Gouverneur Roppesingel 83 3500 Hasselt
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Full financial information

Source · NBB
201820172016201520142013
Type of accountMicro modelMicro modelMicro modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/201801/01/201701/01/201601/01/201501/01/201401/01/2013
Closing of the financial year31/12/201831/12/201731/12/201631/12/201531/12/201431/12/2013
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/03/202002/05/201927/09/201724/03/201624/06/201524/06/2015
General meeting07/06/201901/06/201806/06/201721/03/201605/06/201506/06/2014
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 6 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/201807/06/201910/03/2020DutchPDF
Micro model31/12/201701/06/201802/05/2019DutchPDF
Micro model31/12/201606/06/201727/09/2017DutchPDF
Abridged model31/12/201521/03/201624/03/2016DutchPDF
Abridged model31/12/201405/06/201524/06/2015DutchPDF
Abridged model31/12/201306/06/201424/06/2015DutchPDF

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 31/12/2018

1 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Mehmet Sarican
MandateManager05/01/2015 → 2016 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Ramazan Tarcan
Managerlisted until the 2014 accounts
Hasan Usluy
Manager21/09/2012 → 2014 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates16/06/2021
    MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring02/03/2021
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Restructuring10/08/2020
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Registered office05/06/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office22/08/2016
    Wijziging maatschappelijke zetel |
    PDF
  • Mandates28/05/2015
    Ontslag zaakvoerder
    PDF
  • Other23/03/2015
    statutenwijziging
    PDF
  • Mandates23/02/2015
    Wijziging maatschappelijke zetel + onstlag zaakvoerder
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings6 filings
Mandates
Mehmet Sarican
Ramazan Tarcan
Hasan Usluy
201220132014201520162017201820192020202120222023202420252026
H & M Group
No data
Manager
Manager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Gouverneur Roppesingel 83, 3500 HasseltCurrent
CBE

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
H & M GroupCurrent
accounts 2013 → 2018
Accounts 2018 · 2020-06400349

Events

  1. 2018
    Annual accounts 201831,8 k €↓
  2. 2017
    Annual accounts 201744,6 k €↑
  3. 2016
    Annual accounts 201621,6 k €↓
  4. 2015
    Annual accounts 201525 k €↑
  5. 2014
    Annual accounts 20143,5 k €↑
  6. 2013
    Annual accounts 2013-4,2 k €
  7. 21/09/2012
    IncorporationPrivate limited company