ACTIVE

MUST Insurance

Financial year 2024 · Closed on 30/06/2024

Net result-16,6 k €-2 260,0 %over 1 year
Gross margin1 k €-48,1 %over 1 year
Equity-10,5 M €-0,2 %over 1 year
Workforce0,0 ETP

Identity

Source · BCE/KBO

MUST Insurance is a Public limited company incorporated in 2006. Its registered office is in Tournai.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0885.741.246
Incorporation
14/12/2006
Legal form
Public limited company
Registered office
Rue Barthélémy Frison(TOU) 13
7500 Tournai · WallonieSee on map
Contributed capital
300 000,00 €
Latest accounts
30/06/2024
Average workforce
0,0 ETP
Signals
Good liquidityPositive EBITDA

Financials

Source · NBB, 17 filings

Trend over 8 financial years

20242023202220122011
Income statement
Gross margin1 k €2 k €20,9 k €-98,3 k €-116 k €
EBITDA1 k €1,2 k €-410,2 k €-100,6 k €-123,2 k €
Operating result1 k €1,2 k €-410,2 k €-128,9 k €-151,5 k €
Net result-16,6 k €-704,6 €-7,1 M €2,2 M €900,4 k €
Balance sheet
Equity-10,5 M €-10,4 M €-10,4 M €8,9 M €6,7 M €
Total assets2,5 M €2,9 M €3,2 M €30,2 M €30,1 M €
Cash–0 €2,3 k €211,7 k €93,5 k €
Debts13 M €13,3 M €13,6 M €21,4 M €23,5 M €
Other
Workforce0,0 ETP0,0 ETP–––

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 30/06/2024

2 active · 8 ended

Active mandates

Hassina ABDELALI

Managing director · since 16 novembre 2015

Active
René PHILIPPE

Managing director

Active

Ended mandates

Hassina ABDELALI

Director · since 16 novembre 2015

Ended
Jean-Luc GOSSET

Mandate · since 14 décembre 2006

Ended
René PHILIPPE

Managing director · since 14 décembre 2006

Ended
Hassina ABDELALI

Managing director

Ended

Other companies at this address

Rue Barthélémy Frison(TOU) 13 7500 Tournai
CompanyCBE no.
0597.611.951
COOPALIA● Bankrupt
0642.880.267
ECOTRABEL● Bankrupt
0833.233.958
KLARYS● Active
0899.470.904
MIVERMALA● Active
0826.173.546
0797.567.355
SPACE FOR SIX● Active
0646.846.973

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202301/07/202201/07/202101/07/202001/07/201901/07/2018
Closing of the financial year30/06/202430/06/202330/06/202230/06/202130/06/202030/06/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date25/02/202527/02/202426/01/202324/02/202229/01/202102/12/2019
General meeting23/01/202518/10/202318/11/202214/01/202215/01/202116/10/2019
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, 17 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202423/01/202525/02/2025FrenchPDF
Abridged model30/06/202318/10/202327/02/2024FrenchPDF
Abridged model30/06/202218/11/202226/01/2023FrenchPDF
Abridged model30/06/202114/01/202224/02/2022FrenchPDF
Abridged model30/06/202015/01/202129/01/2021FrenchPDF
Abridged model30/06/201916/10/201902/12/2019FrenchPDF
Abridged model30/06/201817/10/201830/11/2018FrenchPDF
Abridged model30/06/201718/10/201729/11/2017FrenchPDF
Abridged model30/06/201620/12/201621/12/2016FrenchPDF
Abridged model30/06/201521/10/201521/10/2015FrenchPDF
Abridged model30/06/201415/10/201412/11/2014FrenchPDF
Abridged model30/06/201316/10/201310/12/2013FrenchPDF
Abridged model30/06/201217/10/201205/12/2012FrenchPDF
Abridged model30/06/201119/10/201121/10/2011FrenchPDF
Abridged model30/06/201020/10/201018/11/2010FrenchPDF
Abridged model30/06/200921/10/200903/11/2009FrenchPDF
Abridged model30/06/200815/10/200816/10/2008FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 30/06/2024

2 active · 8 ended

Active mandates

Hassina ABDELALI

Managing director · since 16 novembre 2015

Active
René PHILIPPE

Managing director

Active

Ended mandates

Hassina ABDELALI

Director · since 16 novembre 2015

Ended
Jean-Luc GOSSET

Mandate · since 14 décembre 2006

Ended
René PHILIPPE

Managing director · since 14 décembre 2006

Ended
Hassina ABDELALI

Managing director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates10/03/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/04/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/12/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/03/2017
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/12/2015
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/12/2012
    DEMISSIONS, NOMINATIONS
    PDF
  • Other20/03/2008
    Vente de biens dans tes deux ans de la constitution (quasi-apport)
    PDF
  • Mandates27/12/2007
    SIEGE SOCIAL - OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - ANNEE COMPTABLE - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - CAPITAL, ACTIONS
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024-16,6 k €↓
  2. 2023
    Annual accounts 2023-704,6 €↑
  3. 2022
    Annual accounts 2022-7,1 M €↓
  4. 2012
    Annual accounts 20122,2 M €↑
  5. 2011
    Annual accounts 2011900,4 k €↓
  6. 2010
    Annual accounts 20101,6 M €↑
  7. 2009
    Annual accounts 20091,5 M €↓
  8. 2008
    Annual accounts 20082,4 M €
  9. 14/12/2006
    IncorporationPublic limited company