OPENING OF BANKRUPTCY

PAK BEL

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Financial year 2020 · closed on 31/12/2020

Net result

22,7 k €

+41.5% YoY

Gross margin

34,3 k €

+4.5% YoY

Equity

48,8 k €

+86.9% YoY

Company — Opening of bankruptcy.

What does PAK BEL do?

PAK BEL is a Private company with limited liability incorporated in 2004. Its registered office is in Flémalle.

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0866.238.209

Incorporation

06/07/2004

Legal form

Private company with limited liability

Registered office

Grand'Route(Flh) 36
4400 Flémalle · WallonieSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2020

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2020		2019		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2006
Income statement
Gross margin	34,3 k €	+4.5%	32,8 k €	+282%	8,6 k €	-19.8%	10,7 k €	-17.4%	12,9 k €	+146%	5,3 k €	-66.2%	15,5 k €	+16.7%	13,3 k €	+317%	3,2 k €	+149%	-6,5 k €	-714%	1,1 k €	+166%	399,4 €		–
EBITDA	31,9 k €	+49.6%	21,3 k €	+218%	6,7 k €	+189%	2,3 k €	-67.4%	7,1 k €	+645%	-1,3 k €	-110%	13,1 k €	+8.8%	12,1 k €	+310%	-5,8 k €	+17.9%	-7 k €	-3300%	219 €	+174%	-295,1 €		–
Operating result	31,9 k €	+50.7%	21,1 k €	+223%	6,6 k €	+203%	2,2 k €	-68.9%	7 k €	+633%	-1,3 k €	-110%	13,1 k €	+8.8%	12,1 k €	+287%	-6,5 k €	+19.1%	-8 k €	-1520%	-493 €	-67.1%	-295,1 €		–
Net result	22,7 k €	+41.5%	16 k €	+2314%	-724,9 €	+90.9%	-7,9 k €	-829%	1,1 k €	+137%	-3 k €	-132%	9,3 k €	-13.7%	10,8 k €	+239%	-7,8 k €	+4.5%	-8,1 k €	-945%	-778 €	-164%	-295,1 €		–
Balance sheet
Equity	48,8 k €	+86.9%	26,1 k €	+1460%	-1,9 k €	-60.6%	-1,2 k €	-118%	6,7 k €	+19.3%	5,7 k €	-34.4%	8,6 k €	+1362%	-684 €	+94.0%	-11,5 k €	-209%	-3,7 k €	-184%	4,4 k €	-15.0%	5,2 k €	-16.0%	6,2 k €
Total assets	92,4 k €	+1.3%	91,2 k €	+209%	29,5 k €	+29.0%	22,9 k €	-38.5%	37,2 k €	+27.2%	29,2 k €	-10.2%	32,5 k €	+259%	9,1 k €	+4.2%	8,7 k €	-58.5%	21 k €	+191%	7,2 k €	-7.0%	7,8 k €	+25.1%	6,2 k €
Cash	2,7 k €	-41.4%	4,7 k €	-44.8%	8,5 k €	+3927%	209,9 €	-96.3%	5,7 k €	+321%	1,3 k €	-49.4%	2,7 k €	+110%	1,3 k €	+686%	161 €	-58.3%	386 €	-83.2%	2,3 k €	-70.3%	7,7 k €		–
Debts	43,6 k €	-33.0%	65,1 k €	+107%	31,4 k €	+30.5%	24,1 k €	-20.9%	30,4 k €	+29.2%	23,5 k €	-1.5%	23,9 k €	+145%	9,8 k €	-51.7%	20,2 k €	-18.3%	24,7 k €	+783%	2,8 k €	+9.2%	2,6 k €	+21244%	12 €
Other
Workforce	–		0,6 ETP		–		–		0,2 ETP	0.0%	0,2 ETP	+100%	0,1 ETP		–		–		–		–		–		–

Governance

Board of directors

Seen on filing of 31/12/2020 · 1 active · 3 ended

Active mandates

Choudhry MINHAS

Manager · since 15 décembre 2009

Active

Ended mandates

Imran Minhas

Manager · since 04 février 2016 · until 18 août 2016

Ended

Choudhry MINHAS

Mandate

Ended

CHOUDRY MINHAS

Mandate

Ended

At this address

Other companies at this address

Company	CBE no.
Pakistan Overseas Association Forum● Active	0838.465.426

Annual accounts

Full financial information

	2020	2019	2017	2016	2015	2014
Type of account	Micro model	Abridged model	Micro model	Micro model	Abridged model	Abridged model
Start of the financial year	01/01/2020	01/01/2019	01/01/2017	01/01/2016	01/01/2015	01/01/2014
Closing of the financial year	31/12/2020	31/12/2019	31/12/2017	31/12/2016	31/12/2015	31/12/2014
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	17/09/2021	23/03/2021	19/09/2018	15/09/2017	31/10/2016	24/07/2015
General meeting	28/06/2021	15/03/2021	18/09/2018	16/06/2017	26/10/2016	26/06/2015
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

13 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2020	28/06/2021	17/09/2021	French	PDF
Abridged model	31/12/2019	15/03/2021	23/03/2021	French	PDF
Micro model	31/12/2017	18/09/2018	19/09/2018	French	PDF
Micro model	31/12/2016	16/06/2017	15/09/2017	French	PDF
Abridged model	31/12/2015	26/10/2016	31/10/2016	French	PDF
Abridged model	31/12/2014	26/06/2015	24/07/2015	French	PDF
Abridged model	31/12/2013	30/08/2014	30/09/2014	French	PDF
Abridged model	31/12/2012	10/09/2013	30/10/2013	French	PDF
Abridged model	31/12/2011	20/07/2012	17/08/2012	French	PDF
Abridged model	31/12/2010	05/10/2011	14/12/2011	French	PDF
Abridged model	31/12/2009	31/08/2010	30/09/2010	French	PDF
Abridged model	31/12/2008	21/06/2009	22/03/2010	French	PDF
Abridged model	31/12/2006	21/06/2007	07/04/2010	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 31/12/2020 · 1 active · 3 ended

Active mandates

Choudhry MINHAS

Manager · since 15 décembre 2009

Active

Ended mandates

Imran Minhas

Manager · since 04 février 2016 · until 18 août 2016

Ended

Choudhry MINHAS

Mandate

Ended

CHOUDRY MINHAS

Mandate

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/06/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates26/01/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates29/10/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates06/08/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates13/04/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates19/09/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates23/02/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates28/10/2011
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

2020
Annual accounts 202022,7 k €↑
2019
Annual accounts 201916 k €↑
2017
Annual accounts 2017-724,9 €↑
2016
Annual accounts 2016-7,9 k €↓
2015
Annual accounts 20151,1 k €↑
2014
Annual accounts 2014-3 k €↓
2013
Annual accounts 20139,3 k €↓
2012
Annual accounts 201210,8 k €↑
2011
Annual accounts 2011-7,8 k €↑
2010
Annual accounts 2010-8,1 k €↓
2009
Annual accounts 2009-778 €↓
2008
Annual accounts 2008-295,1 €
2006
Annual accounts 2006
06/07/2004
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

PAK BEL

Overview

What does PAK BEL do?

Trend over 13 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