OPENING OF BANKRUPTCY

MASSINE

Financial year 2010 · closed on 31/12/2010
Net result
-2,2 k €
-240.6% YoY
Gross margin
84 k €
+109.6% YoY
Equity
16,6 k €
-11.9% YoY
Workforce
3,6 ETP
+111.8% YoY

Company — Opening of bankruptcy.

What does MASSINE do?

MASSINE is a Private company with limited liability incorporated in 2008. Its main activity is: Agents involved in the sale of textiles, clothing, fur, footwear and leather goods. Its registered office is in Bruxelles. It employs on average 3,6 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0895.471.435
Incorporation
05/02/2008
Legal form
Private company with limited liability
Registered office
Rue de Soignies 28
1000 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2010
Average workforce
3,6 ETP
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

201020092008
Income statement
Gross margin84 k €40,1 k €11,8 k €
EBITDA-857,9 €-249,5 €1 k €
Operating result-2,2 k €-249,5 €1 k €
Net result-2,2 k €-659,4 €884,8 €
Balance sheet
Equity16,6 k €18,8 k €19,5 k €
Total assets131,8 k €87,4 k €62,5 k €
Cash8,9 k €16,1 k €8,6 k €
Debts115,2 k €68,6 k €43 k €
Other
Workforce3,6 ETP1,7 ETP
Governance

Board of directors

Seen on filing of 31/12/2010 · 1 active

Active mandates

Jamal El Addad

Manager

Active
At this address

Other companies at this address

Annual accounts

Full financial information

201020092008
Type of accountAbridged modelAbridged modelAbridged model
Start of the financial year01/01/201001/01/200901/01/2008
Closing of the financial year31/12/201031/12/200931/12/2008
Length of the financial year12 months12 months12 months
Filing date30/09/201129/08/201031/08/2009
General meeting30/06/201120/06/201005/06/2009
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/201030/06/201130/09/2011FrenchPDF
Abridged model31/12/200920/06/201029/08/2010FrenchPDF
Abridged model31/12/200805/06/200931/08/2009FrenchPDF
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 31/12/2010 · 1 active

Active mandates

Jamal El Addad

Manager

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/09/2013
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/05/2013
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office05/03/2013
    SIEGE SOCIAL
    PDF
  • Mandates23/02/2011
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/12/2010
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/04/2009
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/02/2009
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/12/2008
    CAPITAL, ACTIONS - 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

Timeline

  1. 2010
    Annual accounts 2010-2,2 k €
  2. 2009
    Annual accounts 2009-659,4 €
  3. 2008
    Annual accounts 2008884,8 €
  4. 05/02/2008
    IncorporationPrivate company with limited liability