M&E
Open bankruptcyA bankruptcy procedure is open for M&E according to publications in the Belgian State Gazette; curator: BORG MOESTERMANS.
Summary
The file additionally contains 1 administrative flag. The 2023 annual accounts show equity of €48,099 and a net result of -€18,982.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Antwerp, Antwerp division
- Declared bankrupt
- 12 June 2025
- Supervising judge
- Thomas Saverys
- Official Gazette
- 18-06-2025 (pdf) ↗search the document for 2025/126208
Curator
- Borg MoestermansSuikerrui 5, 2000 Antwerpen 1advocaat@borgmoestermans.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Name match with a sanctions list
1 entryMINES AND METALS ENGINEERING GMBHalias M.M.E.
A name match is not a finding that this company itself is on the list; check the entry at the source.
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check How is the Limited-service restaurants, excluding mobile food services sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Turnover
€219,709
EBIT margin
7.7%
Net result
-€18,982
2022 · €9,901
Working capital
€13,936▼ 76.0%
2022 · €58,083
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
Line20192020202120222023
Turnover€219,709
Operating result€6,492-€19,034▲ 193%€17,019▼ 10.6%€10,725▼ 37.0%-€16,012
Net result€8,877-€18,056▲ 103%€11,646▼ 35.5%€9,901▼ 15.0%-€18,982
EBIT margin7.7%
Equity€15,077-€33,133▲ 120%€57,179▲ 72.6%€67,080▲ 17.3%€48,099▼ 28.3%
Total assets€24,301-€69,991▲ 188%€118,844▲ 69.8%€124,712▲ 4.9%€150,988▲ 21.1%
Debt€9,223-€36,858▲ 300%€61,665▲ 67.3%€57,632▼ 6.5%€102,889▲ 78.5%
Working capital€6,315-€45,323▲ 618%€44,982▼ 0.8%€58,083▲ 29.1%€13,936▼ 76.0%
Staff (FTE)0.3-1.9
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €16,012 after €10,725 in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €150,988
Fixed assets
€43,174 ▲ 53.1%
Current assets
€107,814 ▲ 11.7%
Equity and liabilities €150,988
Equity
€48,099 ▼ 28.3%
Debt
€102,889 ▲ 78.5%
Debt's share of the balance-sheet total rises from 46.2% to 68.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€9,090▼
2022 · €13,925
Cash flow
-€12,059▼
2022 · €13,101
Current ratio
1.15▼
2022 · 2.51
Debt to equity
2.14▲
2022 · 0.86
ROE
-39.5%▼
2022 · 14.8%
ROA
-12.6%▼
2022 · 7.9%
Interest coverage
-2.89▼
2022 · 16.90
Debt ≤ 1 year
€93,878▲
2022 · €38,432
Debt > 1 year
€6,434▼
2022 · €19,200
Income taxes
€327
Staff costs
€42,363▼
2022 · €62,018
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €219,709 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €187,529 | €438,657 | - | - |
| Remuneration, social security and pensions62 | - | - | €12,031 | €62,018 | €42,363 | ▼ 31.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,402 | €1,753 | €2,645 | €3,199 | €6,923 | ▲ 116% |
| Other operating charges640/8 | - | - | €486 | €2,645 | €6,905 | ▲ 161% |
| Gross operating margin9900 | €14,168 | €21,009 | €32,181 | €78,588 | €40,179 | ▼ 48.9% |
| Operating profit (loss)9901 | €6,492 | €19,034 | €17,019 | €10,725 | -€16,012 | ▼ 249% |
| Financial income75/76B | - | - | €0 | - | €501 | - |
| Recurring financial income75 | €0 | - | €0 | - | €501 | - |
| Non-recurring financial income76B | - | - | - | - | €501 | - |
| Financial charges65/66B | - | - | €5,373 | €824 | €3,144 | ▲ 282% |
| Recurring financial charges65 | €187 | €979 | €5,373 | €824 | €3,144 | ▲ 282% |
| Profit (loss) for the period before taxes9903 | €8,877 | €18,056 | €11,646 | €9,901 | -€18,655 | ▼ 288% |
| Income taxes67/77 | €0 | - | - | - | €327 | - |
| Profit (loss) for the period9904 | €8,877 | €18,056 | €11,646 | €9,901 | -€18,982 | ▼ 292% |
| Profit (loss) for the period to be appropriated9905 | €8,877 | €18,056 | €11,646 | €9,901 | -€18,982 | ▼ 292% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €24,301 | €69,991 | €118,844 | €124,712 | €150,988 | ▲ 21.1% |
| Formation expenses20 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €8,763 | €7,010 | €31,397 | €28,198 | €43,174 | ▲ 53.1% |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €6,363 | €4,610 | €9,197 | €5,998 | €20,974 | ▲ 250% |
| Plant, machinery and equipment23 | - | - | €2,649 | €996 | - | - |
| Furniture and vehicles24 | - | - | €3,077 | €2,357 | €19,156 | ▲ 713% |
| Other tangible fixed assets26 | - | - | €3,471 | €2,645 | €1,818 | ▼ 31.3% |
| Financial fixed assets28 | €2,400 | €2,400 | €22,200 | €22,200 | €22,200 | = |
| Current assets29/58 | €15,538 | €62,981 | €87,447 | €96,515 | €107,814 | ▲ 11.7% |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €5,267 | €49,795 | €50,086 | €90,084 | €104,004 | ▲ 15.5% |
| Trade receivables40 | - | - | €18,334 | €59,672 | €30,186 | ▼ 49.4% |
| Other amounts receivable41 | - | - | €31,752 | €30,412 | €73,818 | ▲ 143% |
| Current investments50/53 | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €10,271 | €13,186 | €37,361 | €6,012 | €2,419 | ▼ 59.8% |
| Deferred charges and accrued income490/1 | - | - | - | €419 | €1,391 | ▲ 232% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €24,301 | €69,991 | €118,844 | €124,712 | €150,988 | ▲ 21.1% |
| Equity10/15 | €15,077 | €33,133 | €57,179 | €67,080 | €48,099 | ▼ 28.3% |
| Contributions10/11 | €6,200 | - | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €888 | €888 | €888 | €888 | €888 | = |
| Non-distributable reserves130/1 | - | - | €888 | €888 | €888 | = |
| Reserves not available under the articles1311 | - | - | €888 | €888 | €888 | = |
| Profit (loss) carried forward14 | €7,989 | €26,045 | €37,691 | €47,593 | €28,611 | ▼ 39.9% |
| Provisions and deferred taxes16 | €0 | - | - | - | - | - |
| Amounts payable17/49 | €9,223 | €36,858 | €61,665 | €57,632 | €102,889 | ▲ 78.5% |
| Amounts payable after more than one year17 | €0 | €19,200 | €19,200 | €19,200 | €6,434 | ▼ 66.5% |
| Financial debts170/4 | - | - | €19,200 | €19,200 | €6,434 | ▼ 66.5% |
| Amounts payable within one year42/48 | €9,223 | €17,658 | €42,465 | €38,432 | €93,878 | ▲ 144% |
| Financial debts43 | - | - | - | €7,304 | - | - |
| Credit institutions430/8 | - | - | - | €7,304 | - | - |
| Trade debts44 | €3,798 | €17,377 | €29,434 | €11,552 | €73,915 | ▲ 540% |
| Suppliers440/4 | - | - | €29,434 | €11,552 | €73,915 | ▲ 540% |
| Advances received on contracts in progress46 | - | - | €3,000 | - | - | - |
| Taxes, remuneration and social security45 | - | - | €4,031 | €19,576 | €19,963 | ▲ 2.0% |
| Taxes450/3 | - | - | €4,031 | €19,576 | €16,956 | ▼ 13.4% |
| Remuneration and social security454/9 | - | - | - | - | €3,007 | - |
| Other amounts payable47/48 | - | - | €6,000 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €2,577 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,877 | €18,056 | €11,646 | €9,901 | -€18,982 | ▼ 292% |
| + Depreciation and write-downs630 | €2,402 | €1,753 | €2,645 | €3,199 | €6,923 | ▲ 116% |
| Operating cash flow (approximation) | €11,279 | €19,809 | €14,291 | €13,101 | -€12,059 | ▼ 192% |
| Investment in fixed assets (approximation) | - | €0 | -€27,032 | €0 | -€21,899 | - |
| Change in cash | - | €2,914 | €24,176 | -€31,350 | -€3,593 | ▲ 88.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
18-08
KBO administration
Address struck
18-06
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 12-06-2025
2024
27-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 119 days late
2023
31-12
Financial
Weakest financial yearnet -€18,982
Net result drops to -€18,982, the lowest in the series.
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 91 days late
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 89 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Highest result since 2019net €18,056 ▲103%
Operating result €19,034, net result €18,056, both a record.
31-12
Financial
Liquidity doublescurrent ratio 3.57
Current ratio from 1.68 to 3.57.
21-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 52 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 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
Registered office, Antwerpen · 2 establishment units since 2018
Ground area
1,035 m²
Building footprint
1,026 m²
Volume, LiDAR
12,876 m³
2 parcels, Flanders · tallest building 20.4 m, ±5 floors. Linked by address, not a title deed.
167
companies at this address
See who is registered here
2 establishment units
Antwerp Kebab
since 20182.278.229.496
Da Mario Ristorante
since 20212.314.508.090
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K1626/00B004 | Flanders | 949 m² | 1 · 948 m² | 20.4 m · 5 fl. |
| 11803C2114/00B000 | Flanders | 86 m² | 1 · 78 m² | 17.0 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | BORG MOESTERMANS SUIKERRUI 5,
2000 ANTWERPEN 1 |
12-06-2025 → present |
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.314.508.090
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Of 21,859 companies in sector 56112 we hold annual accounts for 9,776. 8,413 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-08-2018
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
47242Retail sale of chocolate and confectionery
56210Event catering
Scores and ratios are computed by Checked and are not a credit decision.