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M.C.

Inactive
KBO/BCE: BE 0424.173.971

M.C. was declared bankrupt on 21-09-2023 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 17-09-2024, published in the Belgian State Gazette on 20-09-2024.

Summary

Inactive; last annual accounts for fiscal year 2019.

Signals

Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
31-12-2020 close31-07-2021 deadline27-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 06-08-2020, 6 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
6 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2019 accounts 6 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

M.C. has filed 36 sets of annual accounts, the latest for fiscal year 2019.1 The company was declared bankrupt on 21 September 2023; the bankruptcy was closed on 17 September 2024.23

  1. 1National Bank, annual accounts 2019
  2. 2Belgian State Gazette, 27-09-2023
  3. 3Belgian State Gazette, 20-09-2024

Financials · fiscal year 2019, micro schema

Equity
-€92,635▼ 2.2%
2018 · -€90,668
Total assets
€140▼ 94.8%
2018 · €2,689
Net result
-€1,967▼ 31.2%
2018 · -€1,499
Working capital
-€92,635▼ 2.2%
2018 · -€90,668
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019
Operating result-€1,210--€1,806▼ 49.3%
Net result-€1,499--€1,967▼ 31.2%
Equity-€90,668--€92,635▼ 2.2%
Total assets€2,689-€140▼ 94.8%
Debt€93,357-€92,775▼ 0.6%
Working capital-€90,668--€92,635▼ 2.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€2,000-€1,500-€1,000-€500€0Operating result 2018: -€1,210-€1,210Net result 2018: -€1,499-€1,499Operating result 2019: -€1,806-€1,806Net result 2019: -€1,967-€1,96720182019-€2,000-€1,500-€1,000-€500€0Operating result 2018: -€1,210-€1,210Net result 2018: -€1,499-€1,500Operating result 2019: -€1,806-€1,810Net result 2019: -€1,967-€1,97020182019
The operating result stays negative: a loss of €1,806 in 2019 against €1,210 in 2018; the loss grows.
Key figures and ratios
2019 value · change against 2018
Debt ≤ 1 year
€92,775▼
2018 · €93,357
Ratios withheld: a balance sheet total of €140 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2019 against 2018 · 16 lines
Balance sheet Code20182019
Assets
Total assets20/58€2,689€140▼
Current assets29/58€2,689€140▼
Stocks and contracts in progress3€2,593-
Cash at bank and in hand54/58€96€140▲
Equity and liabilities
Total equity and liabilities10/49€2,689€140▼
Equity10/15-€90,668-€92,635▼
Contributions10/11€68,171€68,171=
Profit (loss) carried forward14-€158,839-€160,806▼
Amounts payable17/49€93,357€92,775▼
Amounts payable within one year42/48€93,357€92,775▼
Income statement Code20182019
Gross operating margin9900-€766€1,232▲
Operating profit (loss)9901-€1,210-€1,806▼
Recurring financial charges65€289€161▼
Profit (loss) for the period before taxes9903-€1,499-€1,967▼
Profit (loss) for the period9904-€1,499-€1,967▼
Profit (loss) for the period to be appropriated9905-€1,499-€1,967▼
Line20182019Change
Gross operating margin9900-€766€1,232▲ 261%
Operating profit (loss)9901-€1,210-€1,806▼ 49.3%
Recurring financial charges65€289€161▼ 44.3%
Profit (loss) for the period before taxes9903-€1,499-€1,967▼ 31.2%
Profit (loss) for the period9904-€1,499-€1,967▼ 31.2%
Profit (loss) for the period to be appropriated9905-€1,499-€1,967▼ 31.2%
Line20182019Change
Assets
Total assets20/58€2,689€140▼ 94.8%
Current assets29/58€2,689€140▼ 94.8%
Stocks and contracts in progress3€2,593--
Cash at bank and in hand54/58€96€140▲ 45.8%
Equity and liabilities
Total equity and liabilities10/49€2,689€140▼ 94.8%
Equity10/15-€90,668-€92,635▼ 2.2%
Contributions10/11€68,171€68,171=
Profit (loss) carried forward14-€158,839-€160,806▼ 1.2%
Amounts payable17/49€93,357€92,775▼ 0.6%
Amounts payable within one year42/48€93,357€92,775▼ 0.6%
Line20182019Change
Profit (loss) for the period9904-€1,499-€1,967▼ 31.2%
Operating cash flow (approximation)-€1,499-€1,967▼ 31.2%
Change in cash-€44-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2024
20-09
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 17-09-2024
2023
27-09
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 21-09-2023
2020
06-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 6 days late
2019
29-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
06-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 6 days late
2017
28-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
10-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 10 days late
2015
04-08
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 4 days late
2014
06-08
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 6 days late
2013
28-08
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 28 days late
2012
26-07
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
25-07
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema
SignalNBB filing
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 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

Insolvency mandates

1 mandate
Role Name Tenure
Curator MARTE DE CALUWé
MUSEUMSTRAAT 31-33 4, 2000 ANTWERPEN 1
21-09-2023 → 17-09-2024