ALEX M $ M
InactiveALEX M $ M was declared bankrupt on 09-10-2023 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 03-06-2025, published in the Belgian State Gazette on 12-06-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2022.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline22-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 14-09-2023, 45 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
45 d late
2021
117 d late
2020
480 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Turnover
€125k▲ 523%
2021 · €20k
2020: €50k
2021: €20k
2020 → 2022
EBIT margin
4.5%▼ 12.7pp
2021 · 17.2%
2020: 2.6%
2021: 17.2%
2020 → 2022
Net result
€6k▲ 62.8%
2021 · €3k
2020: €1k
2021: €3k
2020 → 2022
Working capital
Not included in this filing
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202020212022Trend
Turnover€50k-€20k▼ 59.8%€125k▲ 523%
Equity€7k-€11k▲ 46.2%€26k▲ 133%
Operating result€1k-€3k▲ 169%€6k▲ 62.8%
Net result€1k-€3k▲ 169%€6k▲ 62.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2022 is 63% above 2021 and is the highest result in the available series.
Key figures and ratios
Solvency
100.0%=
2021 · 100.0%
ROE
22.1%▼
2021 · 31.6%
ROA
22.1%▼
2021 · 31.6%
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€11k€26k▲
Current assets29/58€11k€26k▲
Cash at bank and in hand54/58€11k€26k▲
Equity and liabilities
Total equity and liabilities10/49€11k€26k▲
Equity10/15€11k€26k▲
Contributions10/11€6k€19k▲
Capital10€6k€19k▲
Issued capital100€19k€19k=
Uncalled capital101€12k-
Profit (loss) carried forward14€5k€7k▲
Income statement
Code20212022
Turnover70€20k€125k▲
Goods, raw materials, services and sundry goods60/61€1.66M€118k▼
Other operating charges640/8-€2k
Gross operating margin9900€3k€7k▲
Operating profit (loss)9901€3k€6k▲
Profit (loss) for the period before taxes9903€3k€6k▲
Profit (loss) for the period9904€3k€6k▲
Profit (loss) for the period to be appropriated9905€3k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€7k▲
Profit (loss) brought forward from the previous period14P€1k€1k=
Timeline · acts, filings and financial milestones
2025
12-06
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · ALEX M $ M SRL AVENUE MARECHAL FOCH 68, 1030 Schaerbeek. déclarée le 9 octobre 2023 · event 03-06-2025
2023
18-10
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · ALEX M $ M SRL AVENUE MARECHAL FOCH 68, 1030 Schaerbeek · event 09-10-2023
13-10
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · ALEX M $ M SRL AVENUE MARECHAL FOCH 68, 1030 Schaerbeek · event 09-10-2023
14-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 45 days late
2022
31-12
Financial
Highest result since 2020net €6k ▲62.8%
Operating result €6k, net result €6k, both a record.
25-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 117 days late
23-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 480 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | JACQUES PIRON AVENUE DE LA TOISON D’OR 77,
1060 SAINT-GILLES |
09-10-2023 → present |
| Curator | CHARLES DE LA VALLEE POUSSIN AVENUE
LOUISE 349, BTE 17, 1050 IXELLES |
09-10-2023 → present |