ACTIVE

ASHAPURA MIDGULF NV

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Financial year 2025 · Closed on 31/03/2025

Net result6 k €-99,7 %over 1 year
Revenue17,8 M €-31,6 %over 1 year
Equity3,2 M €+0,4 %over 1 year
Workforce7,5 ETP-19,4 %over 1 year

Identity

Source · BCE/KBO

ASHAPURA MIDGULF NV is a Public limited company incorporated in 2006. Its main activity is: Wholesale of other intermediate products. Its registered office is in Antwerpen. It employs on average 7,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0884.262.985
Incorporation
13/10/2006
Legal form
Public limited company
Registered office
Lange Lozanastraat 142 box 2
2018 Antwerpen · FlandreSee on map
Contributed capital
3 000 000,00 €
Latest accounts
31/03/2025
Average workforce
7,5 ETP
Joint committees (4)
  • 100
  • 200
  • 201
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 18 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue17,8 M €26 M €16,1 M €17,4 M €–
EBITDA47,9 k €-867,9 k €-373,1 k €438,8 k €-1,5 M €
Operating result-369,6 k €-1,1 M €-503,4 k €388,5 k €-1,8 M €
Net result6 k €2,1 M €-337,9 k €476 k €-1,8 M €
Balance sheet
Equity3,2 M €3,2 M €1,1 M €1,4 M €928,7 k €
Total assets9,1 M €16,5 M €17,3 M €14,1 M €8,2 M €
Cash252,8 k €556,1 k €64 k €62,1 k €95,7 k €
Debts5,9 M €13,2 M €16,1 M €12,6 M €7,2 M €
Other
Workforce7,5 ETP9,3 ETP10,4 ETP11,0 ETP10,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/03/2025

2 active · 43 ended

Active mandates

HEMULKUMAR RAMESH SHAH

bestuurder · since 14 septembre 2021 · until 14 septembre 2027

Active
AVIJIT MUKHERJEE

Mandate · since 10 septembre 2019 · until 09 septembre 2025

Active

Ended mandates

AVIJIT MUKHERJEE

Mandate · since 02 mai 2025

Ended
BRIJESH SHAH

bestuurder · since 08 septembre 2020 · until 08 septembre 2026

Ended
CHAITANYA SHAH

bestuurder · since 08 septembre 2020 · until 08 septembre 2026

Ended
AVIJIT MUKHERJEE

Mandate · since 10 août 2019 · until 09 septembre 2025

Ended

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Lange Lozanastraat 142 2018 Antwerpen
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Abdij 1● Bankrupt
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Abol Holding● Active
0589.963.205
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1018.748.339
Advando Belgium● Active
0795.618.249
ADVOCATENKANTOOR GORJI● Active
0802.462.984
Agency Of Things● Bankrupt
0769.493.377
AG Steel Trading Antwerp● Active
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AKO CLEANING● Bankrupt
0725.826.353
ALEX● Active
0828.361.489
ALLABLE TRADING● Active
0757.563.862
All Net● Active
1025.810.236
AureusDrive● Active
0789.878.126
Barrabas● Active
0817.214.310
BEACH BUILDING ORGANISATION● Active
0477.158.440
Blauwstad● Active
1023.768.583
BLOOMSBURY● Active
0404.557.306
BONNEIGE-SCHENGEN TRANS● Active
0790.453.097
BOUWMEESTERS TOTAALPROJECTEN● Active
1001.468.283

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelAbridged modelAbridged model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date13/11/202509/12/202411/12/202302/03/202313/12/202127/10/2020
General meeting09/10/202530/10/202430/10/202313/09/202214/09/202108/09/2020
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, 18 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/03/202509/10/202513/11/2025DutchPDF
Full model31/03/202430/10/202409/12/2024DutchPDF
Full model31/03/202330/10/202311/12/2023DutchPDF
Full model31/03/202213/09/202202/03/2023DutchPDF
Abridged model31/03/202114/09/202113/12/2021DutchPDF
Abridged model31/03/202008/09/202027/10/2020DutchPDF
Abridged model31/03/201910/09/201916/01/2020DutchPDF
Full model31/03/201811/09/201824/01/2019DutchPDF
Full model31/03/201712/09/201721/12/2017DutchPDF
Full model31/03/201613/09/201618/11/2016DutchPDF
Full model31/03/201508/09/201505/11/2015DutchPDF
Full model31/03/201409/09/201402/09/2015DutchPDF
Abridged model31/03/201330/09/201329/10/2013DutchPDF
Abridged model31/03/201211/09/201222/02/2013DutchPDF
Abridged model31/12/201030/06/201129/09/2011DutchPDF
Abridged model31/12/200930/06/201028/07/2010DutchPDF
Abridged model31/12/200823/10/200909/11/2009DutchPDF
Abridged model31/12/200715/05/200831/07/2008DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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.

Board of directors

Source · NBB, accounts to 31/03/2025

2 active · 43 ended

Active mandates

HEMULKUMAR RAMESH SHAH

bestuurder · since 14 septembre 2021 · until 14 septembre 2027

Active
AVIJIT MUKHERJEE

Mandate · since 10 septembre 2019 · until 09 septembre 2025

Active

Ended mandates

AVIJIT MUKHERJEE

Mandate · since 02 mai 2025

Ended
BRIJESH SHAH

bestuurder · since 08 septembre 2020 · until 08 septembre 2026

Ended
CHAITANYA SHAH

bestuurder · since 08 septembre 2020 · until 08 septembre 2026

Ended
AVIJIT MUKHERJEE

Mandate · since 10 août 2019 · until 09 septembre 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates18/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office16/04/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates12/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/10/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office29/07/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates23/12/2019
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 20256 k €↓
  2. 2024
    Annual accounts 20242,1 M €↑
  3. 2023
    Annual accounts 2023-337,9 k €↓
  4. 2022
    Annual accounts 2022476 k €↑
  5. 2021
    Annual accounts 2021-1,8 M €↓
  6. 2020
    Annual accounts 2020-431,6 k €↓
  7. 2019
    Annual accounts 2019-217,4 k €↓
  8. 2018
    Annual accounts 201859,5 k €↓
  9. 2017
    Annual accounts 2017105,5 k €↓
  10. 2016
    Annual accounts 2016350,2 k €↓
  11. 2015
    Annual accounts 2015945,5 k €↑
  12. 2014
    Annual accounts 2014-100,3 k €↑
  13. 2013
    Annual accounts 2013-248,4 k €↓
  14. 2012
    Annual accounts 20122,7 M €↑
  15. 2010
    Annual accounts 2010-1 M €↓
  16. 2009
    Annual accounts 2009-479,7 k €↑
  17. 2008
    Annual accounts 2008-1,2 M €↓
  18. 2007
    Annual accounts 2007-745,6 k €
  19. 13/10/2006
    IncorporationPublic limited company