Bankrupt · Opening faillissement (CBE)

Manjot

BE0537789477

Rechtspersoon Private limited company 4 establishments

Manjot is a supermarket in Olen. Private Limited, started on 29 August 2013, 4 establishments.

Dorp 44, 2250 Olen

Behind the company: Jagmit Singh.

Start date

29 August 2013

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 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.

What it is worth Growing

€ 145,063

▲ 27% vs 2022

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

Profit Healthy

€ 30,917

▼ 37% vs 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 507,364

▲ 218% vs 2022

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

Where the profit goes Growing

Stays in the company

No dividend for 2023. Retained profit grew to € 126,463.

People and assets in 2023

Wage cost

€ 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.

Vehicles and equipment

€ 74,078

▲ € 64,704 vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt ≈ 4 years to go

€ 92,653

▲ € 82,850 vs 2022

€ 21,521 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 665,708

▲ € 532,747 vs 2022

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 109,121

▲ 93% vs 2022

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
202120222023Change 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

Jagmit Singh
Manjot

Behind Manjot is Jagmit Singh. Jagmit Singh is also behind QISMAT and MUSKAAN.

Directors

According to the 2023 annual accounts

Jagmit Singh

Director

Also active at: QISMAT, MUSKAAN

since 2013

Establishments

Establishment units

Physical locations of this company

Registered office

Dorp 44

2250 Olen

2.252.021.383

Carnotstraat 43

2060 Antwerpen

Active since 1 April 2016

2.259.221.357

Turnhoutsebaan 49 box 2

2400 Mol

Active since 1 January 2017

2.285.961.584

Turnhoutsebaan 51 box 1

2400 Mol

Active since 1 March 2019

2.357.729.213

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)

Frequently asked questions

What does Manjot do?
Manjot is a supermarket in Olen. Private Limited, started on 29 August 2013, 4 establishments.
What is the address of Manjot?
The registered office of Manjot is located at Dorp 44, 2250 Olen.
Is Manjot still active?
No. The CBE lists Manjot 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 Manjot registered on Peppol?
Yes, Manjot is registered on the Peppol network with ID 0208:0537789477.
What is the enterprise number of Manjot?
The enterprise number of Manjot is BE0537789477.
When was Manjot founded?
Manjot was founded on 29 August 2013.