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M ONE

Inactive
KBO/BCE: BE 0442.584.373

M ONE was declared bankrupt on 03-12-2019 (Ondernemingsrechtbank Gent, afdeling Oudenaarde); the bankruptcy was closed by liquidation by judgment of 24-04-2025, published in the Belgian State Gazette on 02-05-2025.

Summary

Inactive; last annual accounts for fiscal year 2018.

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 31-12-2018. Since then, 7 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
31-12-2019 close31-07-2020 deadline29-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 16-07-2019, 15 days ahead of the deadline.
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
not filed
← before the deadline after the deadline →
tick = median of all Belgian filings

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 ONE has filed 28 sets of annual accounts, the latest for fiscal year 2018.1 The company was declared bankrupt on 3 December 2019; the bankruptcy was closed on 24 April 2025.23

  1. 1National Bank, annual accounts 2018
  2. 2Belgian State Gazette, 09-12-2019
  3. 3Belgian State Gazette, 02-05-2025

Financials · fiscal year 2018, abbreviated schema

Equity
-€637,921
Total assets
€649,123
Net result
-€644,655
Working capital
-€654,740

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Assets €649,123
Fixed assets €166,134
Current assets €482,989
Key figures and ratios
2018 value
EBITDA
-€501,263
Cash flow
-€594,130
Solvency
-98.3%
Current ratio
0.42
Quick ratio
0.01
ROA
-99.3%
Debt
€1.1m
Debt ≤ 1 year
€1.1m
Annual accounts
Filed annual accounts As filed with the NBB · 2018 · 24 lines
Balance sheet Code2018
Assets
Total assets20/58€649,123
Fixed assets21/28€166,134
Intangible fixed assets21€49,722
Financial fixed assets28€116,412
Current assets29/58€482,989
Stocks and contracts in progress3€475,000
Amounts receivable within one year40/41€2,608
Cash at bank and in hand54/58€5,380
Equity and liabilities
Total equity and liabilities10/49€649,123
Equity10/15-€637,921
Contributions10/11€276,000
Reserves13€28,050
Profit (loss) carried forward14-€991,971
Provisions and deferred taxes16€147,500
Amounts payable17/49€1.1m
Amounts payable within one year42/48€1.1m
Trade debts44€206,649
Income statement Code2018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50,525
Gross operating margin9900€2.7m
Operating profit (loss)9901-€551,788
Recurring financial charges65€92,867
Profit (loss) for the period before taxes9903-€644,655
Profit (loss) for the period9904-€644,655
Profit (loss) for the period to be appropriated9905-€644,655
Line2018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50,525
Gross operating margin9900€2.7m
Operating profit (loss)9901-€551,788
Recurring financial charges65€92,867
Profit (loss) for the period before taxes9903-€644,655
Profit (loss) for the period9904-€644,655
Profit (loss) for the period to be appropriated9905-€644,655
Line2018
Assets
Total assets20/58€649,123
Fixed assets21/28€166,134
Intangible fixed assets21€49,722
Financial fixed assets28€116,412
Current assets29/58€482,989
Stocks and contracts in progress3€475,000
Amounts receivable within one year40/41€2,608
Cash at bank and in hand54/58€5,380
Equity and liabilities
Total equity and liabilities10/49€649,123
Equity10/15-€637,921
Contributions10/11€276,000
Reserves13€28,050
Profit (loss) carried forward14-€991,971
Provisions and deferred taxes16€147,500
Amounts payable17/49€1.1m
Amounts payable within one year42/48€1.1m
Trade debts44€206,649
Line2018
Profit (loss) for the period9904-€644,655
+ Depreciation and write-downs630€50,525
Operating cash flow (approximation)-€594,130

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

2025
02-05
Bankruptcy Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Oudenaarde · event 24-04-2025
2019
09-12
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Oudenaarde · event 03-12-2019
16-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
11-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
28-08
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 28 days late
2014
11-07
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
15-03
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
31-01
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
01-03
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema
2010
25-05
NBB filing Annual accounts filed
fiscal year 2009 · abbreviated schema
SignalNBB filing
0 of 11 acts read
About the unread acts

We know of 11 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
11 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

2 mandates
Role Name Tenure
Curator Eric FLAMEE
EILAND 27, 9520 SINT-LIEVENS- HOUTEM
03-12-2019 → 24-04-2025
Curator Koen VANDER STUYFT
EINESTRAAT 22, 9700 OUDENAARDE
03-12-2019 → 24-04-2025

Structure & network

Owners and holdings

1 owner

Chain of control

  1. M NINER 99%
  2. M ONE

Highest known parent: M NINER. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.