Bankrupt · Opening faillissement (CBE)

MISHAL

BE0436734085

Rechtspersoon Public limited company 1 establishment

MISHAL is a wholesaler in Antwerpen. Public Limited, started on 14 February 1989, 1 establishment.

Hoveniersstraat 2 box 131, 2018 Antwerpen

Behind the company: RAMESH PATEL, SAROJ RAMESH PATEL.

Start date

14 February 1989

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

MISHAL from Antwerpen, company number BE0436734085, closed financial year 2022 with a result of € 110,246 after tax. For that financial year MISHAL recorded revenue of € 87.5 million and equity of € 14.7 million. Compared with financial year 2021, the result moved from € 26,740 to € 110,246. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2023.

What it is worth Growing

€ 14.7 million

▲ 1% vs 2021

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 110,246

▲ € 83,506 vs 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 1.4 million

▲ 107% vs 2021

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2022. Retained profit grew to € 2.1 million.

People and assets in 2022

Wage cost

€ 39,114

▲ € 34,781 vs 2021

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 1,346

Book value of vehicles, furniture and equipment.

Debts at end 2022

Bank debt ≈ 291 years to go

€ 34.6 million

▲ 10% vs 2021

€ 54,244 is repaid this year. At this pace the long-term loan is gone in ≈ 291 years.

Owed to suppliers

€ 3 million

▼ 37% vs 2021

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 13 days on average.

Taxes and wages

€ 48,323

▲ 78% vs 2021

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
20212022Change 2021 → 2022
Revenue € 79,446,116 € 87,483,212 ▲ 10%
Profit after taxes € 26,740 € 110,246 ▲ € 83,506
Equity € 14,592,396 € 14,702,643 ▲ 1%
Total debts € 36,223,455 € 37,973,809 ▲ 5%
Cash € 697,970 € 1,443,041 ▲ 107%
Land & buildings € 1,137,508 € 1,123,360 ▼ 1%
Retained profit € 1,939,860 € 2,050,107 ▲ 6%
Bank debt € 31,363,096 € 34,607,360 ▲ 10%
Balance sheet total € 50,815,852 € 52,676,452 ▲ 4%

Key figures of MISHAL, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.

What happened to MISHAL?

What happened at MISHAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

MISHAL is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2022: profit of € 110,246 (▲ € 83,506 vs 2021). Source: NBB ↗
  • New establishment in Antwerpen. KBO
  • Start of the company according to the CBE. KBO

In short

From € 26,740 profit in 2021 to € 110,246 profit in 2022.

Paid € 45,679 in corporate taxes since 2021.

Best year ever: 2022, with € 110,246 profit.

Pays suppliers within 13 days on average.

Management

RAMESH PATEL SAROJ RAMESH PATEL

Behind MISHAL are RAMESH PATEL and SAROJ RAMESH PATEL. RAMESH PATEL is also behind ANTWERPSCHE DIAMANTKRING, M.P. JEWELS and DIVINE GRACE.

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Directors

According to the 2022 annual accounts

RAMESH PATEL

Managing director

Also active at: ANTWERPSCHE DIAMANTKRING, M.P. JEWELS, DIVINE GRACE

SAROJ RAMESH PATEL

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Hoveniersstraat 2 box 131

2018 Antwerpen

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0436.734.085
VAT number
BE 0436.734.085
Registered office
Hoveniersstraat 2 bus 131, 2018 Antwerpen
Names & denominations
MISHAL
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Opening faillissement
Start date
14 February 1989
Peppol
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Frequently asked questions

What does MISHAL do?
MISHAL is a wholesaler in Antwerpen. Public Limited, started on 14 February 1989, 1 establishment.
What is the address of MISHAL?
The registered office of MISHAL is located at Hoveniersstraat 2 box 131, 2018 Antwerpen.
Is MISHAL still active?
No. The CBE lists MISHAL with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is MISHAL registered on Peppol?
Yes, MISHAL is registered on the Peppol network with ID 0208:0436734085.
What is the enterprise number of MISHAL?
The enterprise number of MISHAL is BE0436734085.
When was MISHAL founded?
MISHAL was founded on 14 February 1989.