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MANAGEMENT & SERVICES

Open bankruptcy
Private limited companyfounded 2003Chaussée du Roi Baudouin 245, 7031 Mons, BelgiumKBO/BCE: BE 0479.679.450

A bankruptcy procedure is open for MANAGEMENT & SERVICES according to publications in the Belgian State Gazette; curator: JOHN DEHAENE.

Summary

The 2023 annual accounts show negative equity (-€3,564) and a net result of -€196,184.

MANAGEMENT & SERVICESOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Hainaut, Mons division
Declared bankrupt
20 August 2024
Supervising judge
Alain Hanot
Official Gazette
28-08-2024 (pdf) ↗search the document for 2024/132997

Deadlines

Provisional date payments stopped
20 August 2024A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 12 September 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 19 September 2024art. XX.104 and XX.155 CEL
First verification report
passed on 19 October 2024Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 20 August 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • John DehaeneRue Neuve, 16, 7000 Mons- . Date provisoire de cessation de paiement : 20/08/2024john.dehaene@skynet.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. 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.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

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

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 12-07-2024, 19 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
19 d early
2022
32 d late
2021
31 d late
2020
241 d late
2019
299 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 5 accounts on average 117 days after the deadline; 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

MANAGEMENT & SERVICES was incorporated on 28 February 2003.1 Total assets fell from EUR 1.1 million in 2018 to EUR 196,954 in 2022.2 On 20 August 2024 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2022
  3. 3Belgian State Gazette, 28-08-2024

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2023, micro schema

Equity
-€3,564
2022 · €192,620
Total assets
€2▼ 100.0%
2022 · €196,954
Net result
-€196,184▼ 43,986%
2022 · -€445
Working capital
-€3,564
2022 · €174,478
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020202120222023
Operating result-€54▲ 98.7%-€351,770▼ 648,923%-€55▲ 100.0%-€417▼ 658%-€180,937▼ 43,290%
Net result-€646▲ 90.1%€171,498-€349-€445▼ 27.5%-€196,184▼ 43,986%
Equity€21,917▼ 2.9%€193,414▲ 783%€193,065▼ 0.2%€192,620▼ 0.2%-€3,564
Total assets€1.1m▲ 0.8%€197,496▼ 82.8%€197,100▼ 0.2%€196,954▼ 0.1%€2▼ 100.0%
Debt€1.1m▲ 0.9%€4,082▼ 99.6%€4,035▼ 1.1%€4,334▲ 7.4%€3,566▼ 17.7%
Working capital€266,974▼ 0.2%€175,273▼ 34.3%€174,923▼ 0.2%€174,478▼ 0.3%-€3,564
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€400,000-€200,000€0€200,000Operating result 2019: -€54-€54Net result 2019: -€646-€646Operating result 2020: -€351,770-€351,770Net result 2020: €171,498€171,498Operating result 2021: -€55-€55Net result 2021: -€349-€349Operating result 2022: -€417-€417Net result 2022: -€445-€445Operating result 2023: -€180,937-€180,937Net result 2023: -€196,184-€196,18420192020202120222023-€200,000-€150,000-€100,000-€50,000€0Operating result 2021: -€55-€55Net result 2021: -€349-€349Operating result 2022: -€417-€417Net result 2022: -€445-€445Operating result 2023: -€180,937-€181,000Net result 2023: -€196,184-€196,000202120222023
The operating result stays negative: a loss of €180,937 in 2023 against €417 in 2022; the loss grows.
Key figures and ratios
2023 value · change against 2022
Debt ≤ 1 year
€3,566▼
2022 · €4,334
Ratios withheld: a balance sheet total of €2 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 40 lines
Balance sheet Code20222023
Assets
Total assets20/58€196,954€2▼
Fixed assets21/28€18,142-
Financial fixed assets28€18,142-
Current assets29/58€178,812€2▼
Amounts receivable within one year40/41€178,803-
Trade receivables40€0-
Other amounts receivable41€178,803-
Cash at bank and in hand54/58€9€2▼
Equity and liabilities
Total equity and liabilities10/49€196,954€2▼
Equity10/15€192,620-€3,564▼
Contributions10/11€18,600€18,600=
Capital10€18,600-
Issued capital100€18,600-
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€0▼
Legal reserve130€1,860-
Other1319-€0
Distributable reserves133-€1,860
Profit (loss) carried forward14€172,160-€24,024▼
Amounts payable17/49€4,334€3,566▼
Amounts payable within one year42/48€4,334€3,566▼
Trade debts44€2,930-
Suppliers440/4€2,930-
Taxes, remuneration and social security45€1,050-
Remuneration and social security454/9€1,050-
Other amounts payable47/48€354€3,566▲
Income statement Code20222023
Goods, raw materials, services and sundry goods60/61€417-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€104,932
Other operating charges640/8-€76,005
Gross operating margin9900-€417-
Operating profit (loss)9901-€417-€180,937▼
Financial income75/76B-€2,930
Recurring financial income75-€2,930
Financial charges65/66B€28€18,177▲
Recurring financial charges65€28€18,177▲
Profit (loss) for the period before taxes9903-€445-€196,184▼
Profit (loss) for the period9904-€445-€196,184▼
Profit (loss) for the period to be appropriated9905-€445-€196,184▼
Appropriation of the result
Profit (loss) to be appropriated9906€172,160-€24,024▼
Profit (loss) brought forward from the previous period14P€172,605€172,160▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Goods, raw materials, services and sundry goods60/61--€55€417--
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€104,932-
Other operating charges640/8----€76,005-
Gross operating margin9900-€54-€440-€55-€417--
Operating profit (loss)9901-€54-€351,770-€55-€417-€180,937▼ 43,290%
Financial income75/76B----€2,930-
Recurring financial income75----€2,930-
Financial charges65/66B--€294€28€18,177▲ 64,818%
Recurring financial charges65€592€40€294€28€18,177▲ 64,818%
Profit (loss) for the period before taxes9903-€646€171,498-€349-€445-€196,184▼ 43,986%
Profit (loss) for the period9904-€646€171,498-€349-€445-€196,184▼ 43,986%
Profit (loss) for the period to be appropriated9905-€646€171,498-€349-€445-€196,184▼ 43,986%
Line20192020202120222023Change
Assets
Total assets20/58€1.1m€197,496€197,100€196,954€2▼ 100.0%
Fixed assets21/28€18,142€18,142€18,142€18,142--
Intangible fixed assets21--€0---
Financial fixed assets28€18,142€18,142€18,142€18,142--
Current assets29/58€1.1m€179,354€178,958€178,812€2▼ 100.0%
Amounts receivable within one year40/41€1.1m€178,905€178,803€178,803--
Trade receivables40--€178,803€0--
Other amounts receivable41---€178,803--
Cash at bank and in hand54/58€153€450€155€9€2▼ 77.8%
Equity and liabilities
Total equity and liabilities10/49€1.1m€197,496€197,100€196,954€2▼ 100.0%
Equity10/15€21,917€193,414€193,065€192,620-€3,564▼ 102%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Capital10--€18,600€18,600--
Issued capital100--€18,600€18,600--
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1--€1,860€1,860€0▼ 100%
Legal reserve130--€1,860€1,860--
Other1319----€0-
Distributable reserves133----€1,860-
Profit (loss) carried forward14€1,457€172,954€172,605€172,160-€24,024▼ 114%
Amounts payable17/49€1.1m€4,082€4,035€4,334€3,566▼ 17.7%
Amounts payable within one year42/48€863,954€4,082€4,035€4,334€3,566▼ 17.7%
Trade debts44€314,933€3,032€2,930€2,930--
Suppliers440/4--€2,930€2,930--
Taxes, remuneration and social security45--€1,050€1,050--
Remuneration and social security454/9--€1,050€1,050--
Other amounts payable47/48--€55€354€3,566▲ 907%
Line20192020202120222023Change
Profit (loss) for the period9904-€646€171,498-€349-€445-€196,184▼ 43,986%
Operating cash flow (approximation)-€646€171,498-€349-€445-€196,184▼ 43,986%
Investment in fixed assets (approximation)-€0-€0€0--
Change in cash-€296-€295-€146-€7▲ 95.2%

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

2024
28-08
Bankruptcy Opening
Tribunal de l’entreprise du Hainaut, division Mons · event 20-08-2024
12-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet -€196,184
Net result drops to -€196,184, the lowest in the series.
01-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
29-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 241 days late
2021
26-05
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 299 days late
2020
31-12
Financial Back to profitnet €171,498
Net result €171,498 after 2 loss-making years.
31-12
Financial Liquidity times 34current ratio 43.94
Current ratio from 1.31 to 43.94; short-term debt falls from €863,954 to €4,082.
31-12
Financial Equity above €150,000Eq €193,414 ▲783%
Equity rises from €21,917 to €193,414.
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
Show earlier events
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
30-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 395 days late
2016
13-07
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 348 days late
SignalFinancial 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Mons · 1 establishment unit since 2003
seat establishment The establishment unit on the map
Ground area
1,539 m²
Building footprint
73 m²
Volume, LiDAR
669 m³
Parcel 55048A0139/00W000, Wallonia · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Chaussée du Roi Baudouin 245, 7031 Mons
NACE 72100
since 20032.127.000.261
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
55048A0139/00W000 Wallonia 1,539 m² 1 · 73 m² 11.3 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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 JOHN DEHAENE
RUE NEUVE, 16, 7000 MONS- . Date provisoire de cessation de paiement : 20/08/2024
20-08-2024 → present

Identification & contact

Identification
Legal formPrivate limited company
Founded28-02-2003
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 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.