Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
Manjot from Olen, company number BE0537789477, closed financial year 2023 with a result of € 30,917 after tax. For that financial year Manjot recorded a gross margin of € 194,236 and equity of € 145,063. Compared with financial year 2022, the result moved from € 49,403 to € 30,917. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 7, 2024.
€ 145,063
▲ 27% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 30,917
▼ 37% vs 2022
Profit after tax over the fiscal year.
€ 507,364
▲ 218% vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € 126,463.
People and assets in 2023
€ 116,266
▼ 6% vs 2022
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 74,078
▲ € 64,704 vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 92,653
▲ € 82,850 vs 2022
€ 21,521 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 665,708
▲ € 532,747 vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 109,121
▲ 93% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 118,583 | € 248,148 | € 194,236 | ▼ 22% |
| Profit after taxes | € 12,106 | € 49,403 | € 30,917 | ▼ 37% |
| Equity | € 64,743 | € 114,146 | € 145,063 | ▲ 27% |
| Total debts | € 365,988 | € 202,895 | € 870,532 | ▲ € 667,637 |
| Cash | € 104,565 | € 159,774 | € 507,364 | ▲ 218% |
| Retained profit | € 46,143 | € 95,546 | € 126,463 | ▲ 32% |
| Bank debt | € 0 | € 9,803 | € 92,653 | ▲ € 82,850 |
| Balance sheet total | € 430,731 | € 317,041 | € 1,015,596 | ▲ 220% |
Key figures of Manjot, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to Manjot?
What happened at Manjot in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Manjot is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: profit of € 30,917 (▼ 37% vs 2022). filed late Source: NBB ↗
- New establishment in Antwerpen. KBO
- New establishment in Mol. KBO
- New establishment in Mol. KBO
- New establishment in Antwerpen. KBO
- Jagmit Singh became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 12,106 profit in 2021 to € 30,917 profit in 2023.
Paid € 46,395 in corporate taxes since 2021.
Best year ever: 2022, with € 49,403 profit.
Management
Behind Manjot is Jagmit Singh. Jagmit Singh is also behind QISMAT and MUSKAAN.
Establishments
Establishment units
Physical locations of this company
Dorp 44
2250 Olen
Carnotstraat 43
2060 Antwerpen
Active since 1 April 2016
Turnhoutsebaan 49 box 2
2400 Mol
Active since 1 January 2017
Turnhoutsebaan 51 box 1
2400 Mol
Active since 1 March 2019
Brouwersvliet 44
2000 Antwerpen
Active since 1 October 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0537.789.477
- VAT number
- BE 0537.789.477
- Registered office
- Dorp 44, 2250 Olen
- Names & denominations
- Manjot
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 29 August 2013
- Peppol
- Active · Active since 1 May 2025
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)