M.Q.
BankruptcySummary
The KBO register records for M.Q. the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2023 annual accounts show equity of €69,780 and a net result of -€7,487.
Are you a creditor?
Open bankruptcy
Source: KBO register
The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.
The procedure
The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.
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 ↗
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General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Two 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 29-08-2024, 29 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
29 d late
2022
85 d late
2021
30 d late
2020
27 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 43 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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 Are there other customers at risk in your own list?List enrichment How is the Agents specialised in the wholesale of other particular products sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€7,487
2022 · €42,551
Working capital
-€9,657
2022 · €9,490
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale 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
Line2020202120222023
Operating result€67,596--€49,399€90,364-€2,769
Net result€70,892within the sector's middle half--€56,176below the sector's middle half€42,551within the sector's middle half-€7,487below the sector's middle half
Equity€90,892below the sector's middle half-€34,716within the sector's middle half▼ 61.8%€77,267below the sector's middle half▲ 123%€69,780below the sector's middle half▼ 9.7%
Total assets€464,495below the sector's middle half-€509,400above the sector's middle half▲ 9.7%€548,819below the sector's middle half▲ 7.7%€492,666below the sector's middle half▼ 10.2%
Debt€373,603-€474,684▲ 27.1%€430,531▼ 9.3%€381,865▼ 11.3%
Working capital-€118,178below the sector's middle half--€132,447below the sector's middle half▼ 12.1%€9,490below the sector's middle half-€9,657below the sector's middle half
Solvency19.6%within the sector's middle half-6.8%below the sector's middle half▼ 12.8pp14.1%below the sector's middle half▲ 7.3pp14.2%below the sector's middle half▲ 0.1pp
Current ratio0.04below the sector's middle half-0.47below the sector's middle half▲ 0.421.04below the sector's middle half▲ 0.570.96below the sector's middle half▼ 0.08
Return on assets (ROA)15.3%above the sector's middle half--11.0%below the sector's middle half▼ 26.3pp7.8%within the sector's middle half▲ 18.8pp-1.5%below the sector's middle half▼ 9.3pp
Staff (FTE)10.3below the sector's middle half▼ 70.0%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €2,769 after €90,364 in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €492,666
Fixed assets
€254,256 ▼ 12.8%
Current assets
€238,411 ▼ 7.3%
Equity and liabilities €492,666
Equity
€69,780 ▼ 9.7%
Provisions
€41,021 =
Debt
€381,865 ▼ 11.3%
Debt's share of the balance-sheet total falls from 78.4% to 77.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€34,607▼
2022 · €127,343
Cash flow
€29,889▼
2022 · €79,530
Quick ratio
0.80▼
2022 · 0.80
Debt to equity
5.47▼
2022 · 5.57
ROE
-10.7%▼
2022 · 55.1%
Interest coverage
7.31▼
2022 · 18.03
Debt ≤ 1 year
€248,068▲
2022 · €247,697
Debt > 1 year
€133,797▼
2022 · €180,795
Staff costs
€0▼
2022 · €9,875
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €32,208 | €9,875 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €42,598 | €36,979 | €37,376 | ▲ 1.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | -€1,820 | €0 | ▲ 100% |
| Other operating charges640/8 | - | €4,054 | €1,548 | €414 | ▼ 73.3% |
| Gross operating margin9900 | €67,646 | €29,461 | €136,946 | €35,020 | ▼ 74.4% |
| Operating profit (loss)9901 | €67,596 | -€49,399 | €90,364 | -€2,769 | ▼ 103% |
| Financial income75/76B | - | €1,911 | €271 | €17 | ▼ 93.8% |
| Recurring financial income75 | €30,002 | €1,911 | €271 | €17 | ▼ 93.8% |
| Financial charges65/66B | - | €8,689 | €7,063 | €4,735 | ▼ 33.0% |
| Recurring financial charges65 | €16,222 | €8,689 | €7,063 | €4,735 | ▼ 33.0% |
| Profit (loss) for the period before taxes9903 | €81,376 | -€56,176 | €83,573 | -€7,487 | ▼ 109% |
| Transfer to deferred taxes680 | - | - | €41,021 | €0 | ▼ 100% |
| Income taxes67/77 | €10,484 | €0 | - | - | - |
| Profit (loss) for the period9904 | €70,892 | -€56,176 | €42,551 | -€7,487 | ▼ 118% |
| Transfer to tax-exempt reserves689 | - | - | €123,064 | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €70,892 | -€56,176 | -€80,513 | -€7,487 | ▲ 90.7% |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €464,495 | €509,400 | €548,819 | €492,666 | ▼ 10.2% |
| Fixed assets21/28 | €459,330 | €394,233 | €291,632 | €254,256 | ▼ 12.8% |
| Intangible fixed assets21 | - | €251,045 | €221,145 | €191,245 | ▼ 13.5% |
| Tangible fixed assets22/27 | - | €142,733 | €20,032 | €12,556 | ▼ 37.3% |
| Land and buildings22 | - | €13,832 | €0 | - | - |
| Plant, machinery and equipment23 | - | €107,083 | €0 | - | - |
| Furniture and vehicles24 | - | €21,818 | €18,512 | €11,344 | ▼ 38.7% |
| Other tangible fixed assets26 | - | - | €1,520 | €1,212 | ▼ 20.3% |
| Financial fixed assets28 | €459,330 | €455 | €50,455 | €50,455 | = |
| Current assets29/58 | €5,165 | €115,167 | €257,187 | €238,411 | ▼ 7.3% |
| Stocks and contracts in progress3 | - | €16,855 | €58,080 | €39,739 | ▼ 31.6% |
| Stocks30/36 | - | €16,855 | €58,080 | €39,739 | ▼ 31.6% |
| Amounts receivable within one year40/41 | €5,042 | €82,580 | €168,902 | €185,556 | ▲ 9.9% |
| Trade receivables40 | - | €82,532 | €168,892 | €185,536 | ▲ 9.9% |
| Other amounts receivable41 | - | €48 | €9 | €20 | ▲ 117% |
| Cash at bank and in hand54/58 | €123 | €15,732 | €28,584 | €12,817 | ▼ 55.2% |
| Deferred charges and accrued income490/1 | - | - | €1,622 | €298 | ▼ 81.6% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €464,495 | €509,400 | €548,819 | €492,666 | ▼ 10.2% |
| Equity10/15 | €90,892 | €34,716 | €77,267 | €69,780 | ▼ 9.7% |
| Contributions10/11 | - | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | - | - | €123,064 | €123,064 | = |
| Tax-exempt reserves132 | - | - | €123,064 | €123,064 | = |
| Profit (loss) carried forward14 | €70,892 | €14,716 | -€65,797 | -€73,284 | ▼ 11.4% |
| Provisions and deferred taxes16 | - | - | €41,021 | €41,021 | = |
| Deferred taxes168 | - | - | €41,021 | €41,021 | = |
| Amounts payable17/49 | €373,603 | €474,684 | €430,531 | €381,865 | ▼ 11.3% |
| Amounts payable after more than one year17 | €250,110 | €227,070 | €180,795 | €133,797 | ▼ 26.0% |
| Financial debts170/4 | - | €177,070 | €130,795 | €83,797 | ▼ 35.9% |
| Other amounts payable178/9 | - | €50,000 | €50,000 | €50,000 | = |
| Amounts payable within one year42/48 | €123,343 | €247,614 | €247,697 | €248,068 | ▲ 0.1% |
| Current portion of amounts payable after more than one year42 | - | €62,952 | €49,647 | €50,422 | ▲ 1.6% |
| Financial debts43 | - | €0 | - | - | - |
| Credit institutions430/8 | - | €0 | - | - | - |
| Trade debts44 | €671 | €116,925 | €135,276 | €137,579 | ▲ 1.7% |
| Suppliers440/4 | - | €116,925 | €135,276 | €137,579 | ▲ 1.7% |
| Advances received on contracts in progress46 | - | - | €31,540 | €36,456 | ▲ 15.6% |
| Taxes, remuneration and social security45 | - | €58,830 | €28,321 | €21,591 | ▼ 23.8% |
| Taxes450/3 | - | €43,881 | €19,738 | €15,099 | ▼ 23.5% |
| Remuneration and social security454/9 | - | €14,949 | €8,584 | €6,492 | ▼ 24.4% |
| Other amounts payable47/48 | - | €8,907 | €2,913 | €2,019 | ▼ 30.7% |
| Accrued charges and deferred income492/3 | - | €0 | €2,039 | €0 | ▼ 100% |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €70,892 | -€56,176 | €42,551 | -€7,487 | ▼ 118% |
| + Depreciation and write-downs630 | - | €42,598 | €36,979 | €37,376 | ▲ 1.1% |
| Operating cash flow (approximation) | €70,892 | -€13,579 | €79,530 | €29,889 | ▼ 62.4% |
| Investment in fixed assets (approximation) | - | €22,499 | €65,623 | €0 | ▼ 100% |
| Change in cash | - | €15,609 | €12,852 | -€15,767 | ▼ 223% |
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
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2023
24-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 85 days late
2022
31-12
Financial
Back to profitnet €42,551
Net result €42,551 after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.04
Current ratio from 0.47 to 1.04.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Weakest financial yearnet -€56,176
Net result drops to -€56,176, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 27 days late
Financial 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.
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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, Namur · 1 establishment unit since 2019
Ground area
3,711 m²
Building footprint
636 m²
Volume, LiDAR
3,517 m³
2 parcels, Wallonia · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
M.Q.
since 20192.291.843.546
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61030E0174/00E000 | Wallonia | 2,261 m² | 1 · 86 m² | 7.1 m · 2 fl. |
| 92095B0043/00W000 | Wallonia | 1,450 m² | 1 · 550 m² | 6.7 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2023 list no shareholders, and no other source names one.
Holdings 1
-
25%
According to the 2023 annual accounts of M.Q. and those 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.
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Of 4,414 companies in sector 46180 we hold annual accounts for 1,892. 1,397 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
Founded25-07-2019
Fiscal year end31-12
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47820Retail sale of motor vehicle parts and accessories
47830Retail sale of motorcycles and motorcycle parts and accessories
52210Service activities incidental to land transportation
64210Activities of holding companies
81230Other cleaning activities
95314Bodywork repair (including spraying and painting)
Contact
E-mail
klrlaurent@gmail.com
Phone
+32477098565
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.