MARGANT
Open bankruptcyA bankruptcy procedure is open for MARGANT according to publications in the Belgian State Gazette; curator: YSABELLE ENSCH.
Summary
The 2024 annual accounts show negative equity (€-68k) and a net result of €-43k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-68k
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-68k▼ 171%
2023 · €-25k
2018: €17k
2019: €-7k
2020: €-5k
2021: €42k
2022: €12k
2023: €-25k
2018 → 2024
Total assets
€98k▲ 2.7%
2023 · €95k
2018: €71k
2019: €49k
2020: €55k
2021: €89k
2022: €103k
2023: €95k
2018 → 2024
Net result
€-43k▼ 14.7%
2023 · €-38k
2018: €-9k
2019: €-23k
2020: €2k
2021: €47k
2022: €-30k
2023: €-38k
2018 → 2024
Working capital
€-73k▼ 164%
2023 · €-28k
2018: €14k
2019: €-7k
2020: €-6k
2021: €38k
2022: €9k
2023: €-28k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-5k-€42k€12k▼ 70.6%€-25k€-68k▼ 171%
Operating result€7k-€51k▲ 624%€-12k€-29k▼ 138%€-32k▼ 10.4%
Net result€2k-€47k▲ 2,155%€-30k€-38k▼ 25.6%€-43k▼ 14.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €32k in 2024 against €29k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €98k
Fixed assets
€5k ▲ 91.4%
Current assets
€93k ▲ 0.4%
Key figures and ratios
EBITDA
€-30k▼
2023 · €-28k
Cash flow
€-42k▼
2023 · €-36k
Solvency
-69.7%▼
2023 · -26.4%
Current ratio
0.56▼
2023 · 0.77
Quick ratio
0.53▼
2023 · 0.70
Debt to equity
-2.44▲
2023 · -4.79
ROA
-44.0%▼
2023 · -39.4%
Interest coverage
-2.69▲
2023 · -3.12
Debt
€166k▲
2023 · €120k
Debt ≤ 1 year
€166k▲
2023 · €120k
Income taxes
€150▲
2023 · €143
Staff costs
€83k▼
2023 · €95k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€95k€98k▲
Fixed assets21/28€2k€5k▲
Tangible fixed assets22/27€2k€1k▼
Plant, machinery and equipment23€264€11▼
Furniture and vehicles24€2k€1k▼
Financial fixed assets28€190€3k▲
Current assets29/58€93k€93k▲
Stocks and contracts in progress3€9k€5k▼
Stocks30/36€9k€5k▼
Amounts receivable within one year40/41€48k€47k▼
Trade receivables40€9k€9k▲
Other amounts receivable41€39k€38k▼
Cash at bank and in hand54/58€36k€41k▲
Deferred charges and accrued income490/1€18€20▲
Equity and liabilities
Total equity and liabilities10/49€95k€98k▲
Equity10/15€-25k€-68k▼
Contributions10/11€31k€31k=
Reserves13€397€397=
Distributable reserves133€397€397=
Profit (loss) carried forward14€-56k€-100k▼
Amounts payable17/49€120k€166k▲
Amounts payable within one year42/48€120k€166k▲
Financial debts43€554-
Credit institutions430/8€554-
Trade debts44€30k€52k▲
Suppliers440/4€30k€52k▲
Taxes, remuneration and social security45€89k€114k▲
Taxes450/3€55k€75k▲
Remuneration and social security454/9€34k€40k▲
Income statement
Code20232024
Remuneration, social security and pensions62€95k€83k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Other operating charges640/8€10k€4k▼
Gross operating margin9900€77k€56k▼
Operating profit (loss)9901€-29k€-32k▼
Financial income75/76B€0€9▲
Recurring financial income75€0€9▲
Financial charges65/66B€9k€11k▲
Recurring financial charges65€9k€11k▲
Profit (loss) for the period before taxes9903€-37k€-43k▼
Income taxes67/77€143€150▲
Profit (loss) for the period9904€-38k€-43k▼
Profit (loss) for the period to be appropriated9905€-38k€-43k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-56k€-100k▼
Profit (loss) brought forward from the previous period14P€-19k€-56k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
06-02
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL MARGANT BOULEVARD DU SOUVERAIN 256, 1160 AUDERGHEM · event 26-01-2026
09-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 162 days late
2024
31-12
Financial
Weakest financial yearnet €-43k
Net result drops to €-43k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
26-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 57 days late
2021
31-12
Financial
Highest result since 2018net €47k ▲2155%
Operating result €51k, net result €47k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.81
Current ratio from 0.90 to 1.81; short-term debt falls from €60k to €46k.
15-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 107 days late
2020
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
16-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 138 days late
2019
21-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 113 days late
Show earlier events
22-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 175 days late
22-01
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 540 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Oudergem · 1 establishment unit since 2002
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.
Vorstlaan 2561160 OudergemGround area
202 m²
Building footprint
133 m²
Volume, LiDAR
1,620 m³
Parcel 21332B0347/00R000, Brussels · tallest building 16.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
L'ARROSOIR
since 20022.114.171.715
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21332B0347/00R000 | Brussels | 202 m² | 1 · 133 m² | 16.7 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 | YSABELLE ENSCH AVENUE LOUISE 349, B 17,
1050 IXELLES |
26-01-2026 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteOudergem2.114.171.715
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Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 7,683 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-08-2002
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56210Event catering
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.