M&Y DEP
Bankruptcy closedM&Y DEP was declared bankrupt on 21-04-2026 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 25-08-2026, published in the Belgian State Gazette on 02-09-2026. The 2024 annual accounts show equity of €39k and a net result of €23k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-07-2025, 2 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
2 d early
2023
19 d late
2022
3 d early
2021
5 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€39k▲ 149%
2023 · €16k
2021: €16k
2022: €17k
2023: €16k
2021 → 2024
Total assets
€70k▲ 38.9%
2023 · €50k
2021: €41k
2022: €54k
2023: €50k
2021 → 2024
Net result
€23k
2023 · €-2k
2021: €14k
2022: €2k
2023: €-2k
2021 → 2024
Working capital
€3k▼ 50.3%
2023 · €6k
2021: €-8k
2022: €2k
2023: €6k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€16k-€17k▲ 10.7%€16k▼ 9.6%€39k▲ 149%
Operating result€14k-€4k▼ 68.9%€-640€28k
Net result€14k-€2k▼ 87.8%€-2k€23k
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 2024: €28k after a loss of €640 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €70k
Fixed assets
€36k▲ 290%
Current assets
€34k▼ 17.0%
Equity and liabilities €70k
Equity
€39k▲ 149%
Debt
€31k▼ 10.8%
The debt ratio falls from 68.9% to 44.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€38k▲
2023 · €6k
Cash flow
€33k▲
2023 · €5k
Solvency
55.8%▲
2023 · 31.1%
Current ratio
1.10▼
2023 · 1.19
Quick ratio
1.10▼
2023 · 1.19
Debt / equity
0.79▼
2023 · 2.21
ROE
59.8%▲
2023 · -10.6%
ROA
33.4%▲
2023 · -3.3%
Interest coverage
36.95▲
2023 · 5.50
Debt
€31k▼
2023 · €35k
Debt ≤ 1 year
€31k▼
2023 · €35k
Income taxes
€3k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€50k€70k▲
Fixed assets21/28€9k€36k▲
Tangible fixed assets22/27€9k€36k▲
Plant, machinery and equipment23€9k€5k▼
Furniture and vehicles24-€31k
Current assets29/58€41k€34k▼
Amounts receivable within one year40/41€13k€2k▼
Trade receivables40€13k€2k▼
Other amounts receivable41€392-
Cash at bank and in hand54/58€28k€32k▲
Equity and liabilities
Total equity and liabilities10/49€50k€70k▲
Equity10/15€16k€39k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€14k€37k▲
Amounts payable17/49€35k€31k▼
Amounts payable within one year42/48€35k€31k▼
Trade debts44€15k€14k▼
Suppliers440/4€15k€14k▼
Taxes, remuneration and social security45-€11k
Taxes450/3-€11k
Other amounts payable47/48€20k€6k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€10k▲
Other operating charges640/8€335€158▼
Non-recurring operating charges66A€2k€2k▼
Gross operating margin9900€8k€40k▲
Operating profit (loss)9901€-640€28k▲
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€-2k€27k▲
Income taxes67/77-€3k
Profit (loss) for the period9904€-2k€23k▲
Profit (loss) for the period to be appropriated9905€-2k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€14k€37k▲
Profit (loss) brought forward from the previous period14P€15k€14k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
02-09
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · M&Y DEP BV KLEINEWINKELLAAN 64 B, 1853 GRIMBERGEN · event 25-08-2026
27-04
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · M&Y DEP BV KLEINEWINKEL- LAAN 64 B, 1853. GRIMBERGEN · event 21-04-2026
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
31-12
Financial
Weakest financial yearnet €-2k ▼199%
Net result drops to €-2k, the lowest in the series.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Grimbergen · 1 establishment unit since 2020
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.
Kleinewinkellaan 64 B1853 GrimbergenGround area
3,763 m²
Building footprint
510 m²
Volume, LiDAR
4,968 m³
2 parcels, Brussels, Flanders · tallest building 17.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
M&Y DEP
since 20202.305.266.069
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23084A0271/00V003 | Flanders | 3,448 m² | 1 · 267 m² | 8.0 m · 2 fl. |
| 21808H0419/00C000 | Brussels | 316 m² | 1 · 243 m² | 17.4 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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 | Gerry VERSCHUREN BLEEKSTRAAT 11/003,
2800 MECHELEN |
21-04-2026 → present |
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Of 7,042 companies in sector 43221 we hold annual accounts for 3,469. 2,871 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-07-2020
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:yassin.moussa2000@gmail.com