M STAR
Bankruptcy closedSummary
M STAR was declared bankrupt on 09-07-2024 (Ondernemingsrechtbank Brussel); the bankruptcy was closed by liquidation by judgment of 25-11-2025, published in the Belgian State Gazette on 02-12-2025. The 2023 annual accounts show negative equity (-€13,746) and a net result of -€17,746.
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 26-08-2024, 26 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 · 1 filingDeviation from the deadline
2023
26 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its 2023 accounts 26 days after the deadline; the Belgian median for financial year 2023 is 3 days before the deadline, and 40% 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 publicationsPublications
Address struck
History
Go further with this company
Still owed money by this company? Its procedure, who runs it and what to do now.Creditor guide 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
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Equity
-€13,746
Total assets
€16,019
Net result
-€17,746
Working capital
-€17,761
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €16,019
Fixed assets
€4,015
Current assets
€12,004
Key figures and ratios
EBITDA
-€17,394
Cash flow
-€17,428
Solvency
-85.8%
Current ratio
0.40
Debt to equity
-2.17
ROA
-110.8%
Interest coverage
-511.59
Debt
€29,765
Debt ≤ 1 year
€29,765
Staff costs
€3,039
Annual accounts
| Line | 2023 |
|---|---|
| Goods, raw materials, services and sundry goods60/61 | €15,433 |
| Remuneration, social security and pensions62 | €3,039 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €318 |
| Gross operating margin9900 | -€14,355 |
| Operating profit (loss)9901 | -€17,712 |
| Financial charges65/66B | €34 |
| Recurring financial charges65 | €34 |
| Profit (loss) for the period before taxes9903 | -€17,746 |
| Profit (loss) for the period9904 | -€17,746 |
| Profit (loss) for the period to be appropriated9905 | -€17,746 |
| Line | 2023 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €16,019 | |
| Fixed assets21/28 | €4,015 | |
| Tangible fixed assets22/27 | €3,822 | |
| Plant, machinery and equipment23 | €1,243 | |
| Other tangible fixed assets26 | €2,579 | |
| Financial fixed assets28 | €193 | |
| Current assets29/58 | €12,004 | |
| Amounts receivable within one year40/41 | €7,396 | |
| Trade receivables40 | €7,138 | |
| Other amounts receivable41 | €258 | |
| Cash at bank and in hand54/58 | €4,344 | |
| Deferred charges and accrued income490/1 | €264 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €16,019 | |
| Equity10/15 | -€13,746 | |
| Contributions10/11 | €4,000 | |
| Profit (loss) carried forward14 | -€17,746 | |
| Amounts payable17/49 | €29,765 | |
| Amounts payable within one year42/48 | €29,765 | |
| Trade debts44 | €6,209 | |
| Suppliers440/4 | €6,209 | |
| Taxes, remuneration and social security45 | €820 | |
| Remuneration and social security454/9 | €820 | |
| Other amounts payable47/48 | €22,736 | |
| Line | 2023 |
|---|---|
| Profit (loss) for the period9904 | -€17,746 |
| + Depreciation and write-downs630 | €318 |
| Operating cash flow (approximation) | -€17,428 |
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
02-12
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Brussel · event 25-11-2025
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
15-07
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 09-07-2024
12-07
KBO administration
Address struck
event 08-05-2024
SignalNBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Wezembeek-Oppem · 1 establishment unit since 2023
Ground area
601 m²
Building footprint
393 m²
Volume, LiDAR
3,145 m³
2 parcels, Flanders, Wallonia · tallest building 14.8 m, ±3 floors. Linked by address, not a title deed.
602
companies at this address
See who is registered here
1 establishment unit
M STAR
since 20232.349.018.019
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22006A0114/00P000 | Flanders | 520 m² | 1 · 325 m² | 14.8 m · 3 fl. |
| 62302C0029/00D000 | Wallonia | 81 m² | 1 · 68 m² | 7.2 m · 1 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
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Luc PLESSERS KUNSTLAAN 24 BUS 9A,
1000 BRUSSEL 1 |
09-07-2024 → 25-11-2025 |
Identification & contact
Identification
Legal formPrivate limited company
Founded03-07-2023
Fiscal year end31-12
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 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.