M & R RENOVATIONS
InactiveM & R RENOVATIONS was declared bankrupt on 04-07-2025 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 18-11-2025, published in the Belgian State Gazette on 10-12-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline21-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 14-10-2022, 75 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
75 d late
2020
118 d late
2019
131 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Turnover
€70k▼ 13.0%
2020 · €80k
2019: €89k
2020: €80k
2019 → 2021
EBIT margin
3.3%▲ 4.0pp
2020 · -0.7%
2019: -18.2%
2020: -0.7%
2019 → 2021
Net result
€2k
2020 · €-664
2019: €-17k
2020: €-664
2019 → 2021
Working capital
€-3k▲ 61.5%
2020 · €-7k
2019: €-8k
2020: €-7k
2019 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201920202021Trend
Turnover€89k-€80k▼ 10.0%€70k▼ 13.0%
Equity€-4k-€-4k▼ 18.6%€-2k▲ 50.7%
Operating result€-16k-€-600▲ 96.3%€2k
Net result€-17k-€-664▲ 96.0%€2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €2k after a loss of €600 in 2020, the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €13k
Fixed assets
€440▼ 81.1%
Current assets
€12k▲ 1.0%
Key figures and ratios
EBITDA
€4k▲
2020 · €1k
Cash flow
€4k▲
2020 · €1k
Solvency
-16.4%▲
2020 · -29.3%
Current ratio
0.83▲
2020 · 0.65
Quick ratio
0.83▲
2020 · 0.65
Debt / equity
-7.08
ROA
16.9%▲
2020 · -4.6%
Interest coverage
33.78
Debt
€15k▼
2020 · €19k
Debt ≤ 1 year
€15k▼
2020 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€14k€13k▼
Fixed assets21/28€2k€440▼
Tangible fixed assets22/27€2k€440▼
Furniture and vehicles24-€440
Current assets29/58€12k€12k▲
Amounts receivable within one year40/41€10k€9k▼
Other amounts receivable41-€9k
Cash at bank and in hand54/58€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€14k€13k▼
Equity10/15€-4k€-2k▲
Reserves13€815€815=
Non-distributable reserves130/1-€815
Legal reserve130-€815
Profit (loss) carried forward14€-5k€-3k▲
Amounts payable17/49€19k€15k▼
Amounts payable within one year42/48€19k€15k▼
Trade debts44€11k€12k▲
Suppliers440/4-€12k
Taxes, remuneration and social security45-€3k
Taxes450/3-€3k
Income statement
Code20202021
Turnover70€80k€70k▼
Goods, raw materials, services and sundry goods60/61-€65k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Other operating charges640/8-€984
Gross operating margin9900€2k€5k▲
Operating profit (loss)9901€-600€2k▲
Financial charges65/66B-€123
Recurring financial charges65€64€123▲
Profit (loss) for the period before taxes9903€-664€2k▲
Profit (loss) for the period9904€-664€2k▲
Profit (loss) for the period to be appropriated9905€-664€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-3k
Profit (loss) brought forward from the previous period14P-€-5k
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-12
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · SRL M&R RENOVATIONS RUE DU PARUCK 39, 1080 MOLENBEEK-SAINT- JEAN. déclarée le 4 juillet 2025 · event 18-11-2025
11-07
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL M&R RENOVATIONS RUE DU PARUCK 39, 1080 MOLENBEEK-SAINT-JEAN · event 04-07-2025
2022
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 75 days late
2021
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
26-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 118 days late
2020
09-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 131 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ANICET BAUM AVENUE ARMAND HUYSMANS 212,
1050 IXELLES |
04-07-2025 → present |