M & G
Open bankruptcySummary
A bankruptcy procedure is open for M & G according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €340,144 and a net result of €9,469.
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
- 16 October 2025
- Supervising judge
- Yvan Jansen
- Official Gazette
- 22-10-2025 (pdf) ↗search the document for 2025/143009
Deadlines
- Provisional date payments stopped
- 16 October 2025A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 6 November 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 15 November 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 12 December 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- 16 October 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- STéPHANE Van MoorleghemMechelse- Steenweg 271/8.1, 2018 Antwerpen 1svm@metisadvocaten.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.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
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.Creditor guide for this company
Embed in an article
Writing about this bankruptcy? Put the card of M & G in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
Preview
The preview appears here.
- Stays current: the status follows the register, the figures are those of the latest filed accounts. No Checked score or verdict.
- Light on your page: one small script and one data request, also answered from a cache; no cookies, no tracking.
- Where scripts do not run (a newsletter, a feed reader) a plain link remains.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 16-10-2024, 77 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 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
77 d late
2022
268 d late
2021
192 d late
2020
128 d late
2019
91 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 151 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
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?Addresses Are there other customers at risk in your own list?List enrichment How is the Non-specialised retail sale with food, beverages or tobacco predominating sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, abbreviated schema
Equity
€340,144▲ 2.9%
2022 · €330,676
Total assets
€587,034▲ 23.9%
2022 · €473,938
Net result
€9,469▼ 60.1%
2022 · €23,727
Working capital
€243,555▼ 19.8%
2022 · €303,675
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result-€87,129€91,242€73,876▼ 19.0%€46,345▼ 37.3%€31,256▼ 32.6%
Net result€58,392▲ 141%€45,099within the sector's middle half▼ 22.8%€51,112within the sector's middle half▲ 13.3%€23,727within the sector's middle half▼ 53.6%€9,469within the sector's middle half▼ 60.1%
Equity€210,738▲ 38.3%€255,837within the sector's middle half▲ 21.4%€306,949within the sector's middle half▲ 20.0%€330,676within the sector's middle half▲ 7.7%€340,144within the sector's middle half▲ 2.9%
Total assets€352,595▼ 15.3%€498,452within the sector's middle half▲ 41.4%€525,826within the sector's middle half▲ 5.5%€473,938below the sector's middle half▼ 9.9%€587,034within the sector's middle half▲ 23.9%
Debt€141,857▼ 46.2%€242,615▲ 71.0%€218,877▼ 9.8%€143,262▼ 34.5%€246,890▲ 72.3%
Working capital€123,415▲ 27.9%€177,280within the sector's middle half▲ 43.6%€224,101within the sector's middle half▲ 26.4%€303,675within the sector's middle half▲ 35.5%€243,555within the sector's middle half▼ 19.8%
Solvency59.8%▲ 23.2pp51.3%within the sector's middle half▼ 8.4pp58.4%within the sector's middle half▲ 7.0pp69.8%above the sector's middle half▲ 11.4pp57.9%within the sector's middle half▼ 11.8pp
Current ratio2.31▲ 0.831.87within the sector's middle half▼ 0.442.13within the sector's middle half▲ 0.263.12above the sector's middle half▲ 0.991.99within the sector's middle half▼ 1.13
Return on assets (ROA)16.6%▲ 10.8pp9.0%within the sector's middle half▼ 7.5pp9.7%within the sector's middle half▲ 0.7pp5.0%within the sector's middle half▼ 4.7pp1.6%within the sector's middle half▼ 3.4pp
Staff (FTE)3.3▼ 45.0%6.2within the sector's middle half▲ 87.9%5.3within the sector's middle half▼ 14.5%6.3within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2023 is 33% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €587,034
Fixed assets
€96,590 ▲ 258%
Current assets
€490,445 ▲ 9.7%
Equity and liabilities €587,034
Equity
€340,144 ▲ 2.9%
Debt
€246,890 ▲ 72.3%
Debt's share of the balance-sheet total rises from 30.2% to 42.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€45,915▼
2022 · €54,913
Cash flow
€24,127▼
2022 · €32,294
Quick ratio
0.20▼
2022 · 0.46
Debt to equity
0.73▲
2022 · 0.43
ROE
2.8%▼
2022 · 7.2%
Interest coverage
2.54▼
2022 · 3.80
Debt ≤ 1 year
€246,890▲
2022 · €143,262
Income taxes
€3,696▼
2022 · €8,244
Staff costs
€217,898▲
2022 · €162,520
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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €187,715 | €162,520 | €217,898 | ▲ 34.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,169 | €17,243 | €14,663 | €8,567 | €14,659 | ▲ 71.1% |
| Other operating charges640/8 | - | - | €6,281 | €6,502 | €4,603 | ▼ 29.2% |
| Gross operating margin9900 | €52,183 | €300,682 | €282,536 | €223,935 | €268,416 | ▲ 19.9% |
| Operating profit (loss)9901 | -€87,129 | €91,242 | €73,876 | €46,345 | €31,256 | ▼ 32.6% |
| Financial income75/76B | - | - | €6,749 | €62 | €0 | ▼ 99.7% |
| Recurring financial income75 | €169,048 | - | €6,749 | €62 | €0 | ▼ 99.7% |
| Financial charges65/66B | - | - | €10,507 | €14,437 | €18,092 | ▲ 25.3% |
| Recurring financial charges65 | €23,527 | €13,858 | €10,507 | €14,437 | €18,092 | ▲ 25.3% |
| Profit (loss) for the period before taxes9903 | €58,392 | €77,384 | €70,118 | €31,971 | €13,164 | ▼ 58.8% |
| Income taxes67/77 | €0 | €32,285 | €19,006 | €8,244 | €3,696 | ▼ 55.2% |
| Profit (loss) for the period9904 | €58,392 | €45,099 | €51,112 | €23,727 | €9,469 | ▼ 60.1% |
| Profit (loss) for the period to be appropriated9905 | €58,392 | €45,099 | €51,112 | €23,727 | €9,469 | ▼ 60.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €352,595 | €498,452 | €525,826 | €473,938 | €587,034 | ▲ 23.9% |
| Formation expenses20 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €134,857 | €117,614 | €102,950 | €27,001 | €96,590 | ▲ 258% |
| Tangible fixed assets22/27 | €134,857 | €117,614 | €102,950 | €27,001 | €96,590 | ▲ 258% |
| Land and buildings22 | - | - | €68,822 | - | - | - |
| Plant, machinery and equipment23 | - | - | €34,129 | €27,001 | €76,254 | ▲ 182% |
| Furniture and vehicles24 | - | - | - | - | €8,093 | - |
| Other tangible fixed assets26 | - | - | - | - | €12,242 | - |
| Financial fixed assets28 | €0 | - | - | - | - | - |
| Current assets29/58 | €217,738 | €380,838 | €422,876 | €446,937 | €490,445 | ▲ 9.7% |
| Stocks and contracts in progress3 | €213,533 | €266,000 | €270,159 | €380,907 | €441,377 | ▲ 15.9% |
| Stocks30/36 | - | - | €270,159 | €380,907 | €441,377 | ▲ 15.9% |
| Amounts receivable within one year40/41 | €0 | €92,000 | €143,061 | €57,366 | €18,252 | ▼ 68.2% |
| Trade receivables40 | - | - | - | €48,882 | €9,584 | ▼ 80.4% |
| Other amounts receivable41 | - | - | €143,061 | €8,484 | €8,668 | ▲ 2.2% |
| Current investments50/53 | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €4,205 | €22,838 | €9,657 | €7,142 | €27,339 | ▲ 283% |
| Deferred charges and accrued income490/1 | - | - | - | €1,522 | €3,477 | ▲ 128% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €352,595 | €498,452 | €525,826 | €473,938 | €587,034 | ▲ 23.9% |
| Equity10/15 | €210,738 | €255,837 | €306,949 | €330,676 | €340,144 | ▲ 2.9% |
| Contributions10/11 | €18,600 | - | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €56,633 | €56,633 | €56,633 | €56,633 | €56,633 | = |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | €54,773 | €54,773 | €54,773 | = |
| Profit (loss) carried forward14 | €135,505 | €180,604 | €231,716 | €255,443 | €264,911 | ▲ 3.7% |
| Provisions and deferred taxes16 | €0 | - | - | - | - | - |
| Amounts payable17/49 | €141,857 | €242,615 | €218,877 | €143,262 | €246,890 | ▲ 72.3% |
| Amounts payable after more than one year17 | €47,534 | €39,056 | €20,101 | - | - | - |
| Financial debts170/4 | - | - | €20,101 | - | - | - |
| Amounts payable within one year42/48 | €94,323 | €203,558 | €198,776 | €143,262 | €246,890 | ▲ 72.3% |
| Current portion of amounts payable after more than one year42 | - | - | €29,979 | €21,208 | €13,353 | ▼ 37.0% |
| Financial debts43 | - | - | €29,789 | €49,313 | €49,944 | ▲ 1.3% |
| Credit institutions430/8 | - | - | €29,789 | €49,313 | €49,944 | ▲ 1.3% |
| Trade debts44 | €9,514 | €97,682 | €93,164 | €10,223 | €91,960 | ▲ 800% |
| Suppliers440/4 | - | - | €93,164 | €10,223 | €91,960 | ▲ 800% |
| Taxes, remuneration and social security45 | - | - | €45,844 | €51,441 | €79,467 | ▲ 54.5% |
| Taxes450/3 | - | - | €9,498 | €51,441 | €42,738 | ▼ 16.9% |
| Remuneration and social security454/9 | - | - | €36,346 | - | €36,729 | - |
| Other amounts payable47/48 | - | - | - | €11,078 | €12,165 | ▲ 9.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €58,392 | €45,099 | €51,112 | €23,727 | €9,469 | ▼ 60.1% |
| + Depreciation and write-downs630 | €17,169 | €17,243 | €14,663 | €8,567 | €14,659 | ▲ 71.1% |
| Operating cash flow (approximation) | €75,561 | €62,342 | €65,776 | €32,294 | €24,127 | ▼ 25.3% |
| Investment in fixed assets (approximation) | - | €1 | €0 | €67,382 | -€84,247 | ▼ 225% |
| Change in cash | - | €18,633 | -€13,181 | -€2,515 | €20,197 | ▲ 903% |
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
22-10
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 16-10-2025
2024
24-12
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 19-12-2024
18-12
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 12-12-2024
16-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 77 days late
24-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 268 days late
2023
31-12
Financial
Weakest financial yearnet €9,469 ▼60.1%
Net result drops to €9,469, the lowest in the series.
08-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 192 days late
2021
06-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 128 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
31-12
Financial
Highest result since 2018net €58,392 ▲141%
Net result €58,392, the highest in the series.
31-12
Financial
Equity above €200,000Eq €210,738 ▲38.3%
2 profitable years in a row build equity to €210,738.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
Show earlier events
2018
23-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 84 days late
2017
17-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 60 days late
2015
19-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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 · 1 establishment unit since 2012
Ground area
2,889 m²
Building footprint
1,022 m²
Volume, LiDAR
17,957 m³
2 parcels, Flanders · tallest building 23.9 m, ±7 floors. Linked by address, not a title deed.
101
companies at this address
See who is registered here
1 establishment unit
Brederodestraat 34, 2018 Antwerpen
since 20122.209.992.867
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11303B0445/00F008 | Flanders | 2,372 m² | 1 · 792 m² | 23.9 m · 7 fl. |
| 11811L3609/00B002 | Flanders | 517 m² | 1 · 229 m² | 17.6 m · 2 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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | STéPHANE VAN MOORLEGHEM MECHELSE-
STEENWEG 271/8.1, 2018 ANTWERPEN 1 |
16-10-2025 → present |
| Curator | KJELL SWARTELE ANSELMOSTRAAT 2,
2018 ANTWERPEN 1 |
12-12-2024 → 19-12-2024 |
Similar companies · same sector, comparable size
BD DRIVE IN
BE 0728.798.018
Nivelles · Eq €340,433
Wdistri
BE 1005.719.853
Sint-Lambrechts-Woluwe · Eq €339,580
EL NOUR
BE 0452.042.170
Antwerpen · Eq €339,338
Ideal Food
BE 0692.691.054
Evergem · Eq €341,126
A.C.J.L.K
BE 0597.808.228
Aywaille · Eq €338,897
Of 10,510 companies in sector 47110 we hold annual accounts for 5,853. 3,641 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
Founded16-05-2012
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
E-invoicing
Reachable via Peppol
Peppol ID
0208:0846014501
Registered
18-06-2026
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.