Bankrupt · Opening faillissement (CBE)

SSD GROUP

BE0599770893

Rechtspersoon Private limited company 1 establishment

SSD GROUP is an electrical contractor in Houthalen-Helchteren. Private Limited, started on 23 February 2015, 1 establishment.

Kompellaan 2596 box 22, 3530 Houthalen-Helchteren

Behind the company: Mustafa Pekbak, Ashkan Kovachev.

Start date

23 February 2015

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

SSD GROUP from Houthalen-Helchteren, company number BE0599770893, closed financial year 2023 with a result of € 22,047 after tax. For that financial year SSD GROUP recorded a gross margin of € 835,535 and equity of € 163,690. Compared with financial year 2022, the result moved from € 34,176 to € 22,047. 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 June 7, 2024.

What it is worth Growing

€ 163,690

▲ 16% vs 2022

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

Profit Healthy

€ 22,047

▼ 35% vs 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 27,611

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 € 143,690.

People and assets in 2023

Wage cost

€ 715,302

▼ 2% 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

€ 169,681

▼ 17% vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt ≈ 8 years to go

€ 281,929

▼ 11% vs 2022

€ 35,135 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.

Owed to suppliers

€ 953,557

▲ 44% vs 2022

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

Taxes

€ 1,520

▼ 28% vs 2022

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Gross margin € 727,692 € 862,199 € 835,535 ▼ 3%
Profit after taxes € 9,506 € 34,176 € 22,047 ▼ 35%
Equity € 107,467 € 141,643 € 163,690 ▲ 16%
Total debts € 1,069,812 € 1,063,188 € 1,302,950 ▲ 23%
Cash € 12,732 - € 27,611
Land & buildings € 60,000 € 371,442 € 349,693 ▼ 6%
Retained profit € 87,467 € 121,643 € 143,690 ▲ 18%
Bank debt € 59,793 € 317,782 € 281,929 ▼ 11%
Balance sheet total € 1,177,279 € 1,204,832 € 1,466,640 ▲ 22%

Key figures of SSD GROUP, 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 SSD GROUP?

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

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

  • New annual accounts for financial year 2023: profit of € 22,047 (▼ 35% vs 2022). Source: NBB ↗
  • New establishment in Houthalen-Helchteren. KBO
  • Mustafa Pekbak became a director. NBB
  • Ashkan Kovachev became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 9,506 profit in 2021 to € 22,047 profit in 2023.

Best year ever: 2022, with € 34,176 profit.

Management

Mustafa Pekbak Ashkan Kovachev
SSD GROUP

Behind SSD GROUP are Mustafa Pekbak and Ashkan Kovachev.

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Directors

According to the 2023 annual accounts

Mustafa Pekbak

Manager

since 2015

Ashkan Kovachev

Manager

since 2015

Establishments

Establishment units

Physical locations of this company

Registered office

Kompellaan 2596 box 22

3530 Houthalen-Helchteren

2.240.053.860

Kompellaan 2596 box Unit22

3530 Houthalen-Helchteren

Active since 23 February 2015

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

Details

Company number
0599.770.893
VAT number
BE 0599.770.893
Registered office
Kompellaan 2596 bus 22, 3530 Houthalen-Helchteren
Names & denominations
SSD GROUP
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
23 February 2015
Peppol
Not registered
Activities · NACE

Algemene elektrotechnische installatiewerken

Handelsbemiddeling in de groothandel in hout en bouwmaterialen

Landschapsverzorging

Algemene bouw van residentiële gebouwen

Groothandel in bouwmaterialen, algemeen assortiment

Overige posterijen en koeriers

Vervaardiging van kunststofartikelen voor de bouw

Plaatsen van vloer- en wandtegels

Frequently asked questions

What does SSD GROUP do?
SSD GROUP is an electrical contractor in Houthalen-Helchteren. Private Limited, started on 23 February 2015, 1 establishment.
What is the address of SSD GROUP?
The registered office of SSD GROUP is located at Kompellaan 2596 box 22, 3530 Houthalen-Helchteren.
Is SSD GROUP still active?
No. The CBE lists SSD GROUP 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 SSD GROUP registered on Peppol?
No, SSD GROUP is currently not registered on the Peppol network.
What is the enterprise number of SSD GROUP?
The enterprise number of SSD GROUP is BE0599770893.
When was SSD GROUP founded?
SSD GROUP was founded on 23 February 2015.