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M & M TRADE

Open bankruptcy
Private limited company (pre-2019)founded 1998KBO/BCE: BE 0464.695.821

A bankruptcy procedure is open for M & M TRADE according to publications in the Belgian Official Gazette; trustee: Deborah Es.

Summary

The file additionally contains 1 judicial reorganisation and 1 administrative flag. The 2020 annual accounts show equity of €105,430 and a net result of €77,244.

M & M TRADEOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

The judgment is more than a year old: a claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

The procedure

Court
Enterprise Court of Leuven
Declared bankrupt
7 July 2022
Supervising judge
Willem Van Calster
Official Gazette
14-07-2022 (pdf) ↗search the document for 2022/127713

Deadlines

Provisional date payments stopped
7 January 2022Moved back by judgment of 21 September 2023. Payments and security you received since that day can in some cases be challenged by the trustee.art. XX.105, XX.111 and XX.112, Code of Economic Law
Appeal or third-party opposition until
passed on 29 July 2022Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until
passed on 6 August 2022art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 16 August 2022Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
Late claim until
passed on 7 July 2023A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustee

  • Deborah EsKraasbeekstraat 41, 3390 Tielt (Bt.)deborah.es@advocatenhageland.be

What to do now

  1. The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
  2. Ask the trustee whether anything will still be paid out and whether your claim was admitted.
  3. Follow the file in RegSol: the trustee's reports appear there.
  4. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.

The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.

View the file in RegSol ↗ Follow Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
Activity not known1 site
Size
€2.3mtotal assets 2020
Equity
€105,430
Profit
€77,244
Turnover not published (micro format)
Financial health
Open bankruptcy: no score
Structure
0 of 3 deeds read
Signalsraises riskOpen bankruptcyAdministrative warnings in the KBO publicationsneutralFiled after the deadlineShow the evidence

Signals

Three signals.
raises riskneutral
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgian Official Gazette. Claims are handled by the appointed trustee. The KBO register also records: open bankruptcy.
Belgian Official Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 28-10-2021, 89 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2020
89 days late
2019
91 days late
2018
61 days late
2017
9 days late
2016
3 days late
2015
4 days late
2014
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 32 days after the deadline; the Belgian median for financial year 2020 is 1 day before the deadline, and 46% of all filings were late.

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 publications
Publications
Address struck
  1. Supervising judge replacedEnterprise Court of Leuven ·…
  2. Address struckevent 07-12-2023
  3. Date of cessation of payments moved…Enterprise Court of Leuven ·…

Key points

  • Risk: Declared bankrupttrustee: Deborah Es 07-07-2022 View
  • Positive: Equity rose in 2020from €40,865 to €105,430 ▲ 158% View
  • Total assets 20203 financial years filed €2.3m View

By topic

Financials

Financial year
2020
Total assets
€2.3m
Profit
€77,244
Solvency
4.5%
Total assets▲ 2.1%
Net result
20182020
Go to Financials

Timeline

Events
29
Since
2000
  1. 14-07-2022Opening
  2. 09-11-2021Opening
  3. 28-10-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Founded
02-12-1998
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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