MARGO PL
Open bankruptcyA bankruptcy procedure is open for MARGO PL according to publications in the Belgian State Gazette; curator: CATHéRINE LANNOY.
Summary
The 2021 annual accounts show negative equity (-€33,839) and a net result of -€18,218.
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 Antwerp, Antwerp division
- Declared bankrupt
- 6 April 2023
- Supervising judge
- Benoit Ide
- Official Gazette
- 14-04-2023 (pdf) ↗search the document for 2023/114686
Deadlines
- Provisional date payments stopped
- 6 April 2023A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 29 April 2023Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 6 May 2023art. XX.104 and XX.155 CEL
- First verification report
- passed on 2 June 2023Goods 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 6 April 2024Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- CATHéRINE LannoyMechelsesteenweg 271/8.1, 2018 Antwerpen 1cl@metisadvocaten.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- 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.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 25-10-2022, 86 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
86 d late
2020
192 d late
2019
235 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 171 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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 How is the General maintenance and repair of cars and light vans (up to 3.5 tonnes) sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, micro schema
Equity
-€33,839▼ 117%
2020 · -€15,622
Total assets
€5,292▲ 25.9%
2020 · €4,205
Net result
-€18,218▼ 964%
2020 · -€1,712
Working capital
-€37,088▼ 108%
2020 · -€17,849
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result€2,835--€13,230-€1,388▲ 89.5%-€17,940▼ 1,193%
Net result€2,827--€13,358-€1,712within the sector's middle half▲ 87.2%-€18,218below the sector's middle half▼ 964%
Equity-€551--€13,909▼ 2,424%-€15,622below the sector's middle half▼ 12.3%-€33,839below the sector's middle half▼ 117%
Total assets€2,685-€3,896▲ 45.1%€4,205below the sector's middle half▲ 7.9%€5,292below the sector's middle half▲ 25.9%
Debt€3,236-€17,805▲ 450%€19,826▲ 11.4%€39,131▲ 97.4%
Working capital-€2,839--€16,137▼ 468%-€17,849below the sector's middle half▼ 10.6%-€37,088below the sector's middle half▼ 108%
Solvency-639.5%below the sector's middle half
Current ratio0.05below the sector's middle half
Return on assets (ROA)-344.3%below the sector's middle half
Staff (FTE)0.7below the sector's middle half1.6▲ 129%
above
within
below
the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings.
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 €17,940 in 2021 against €1,388 in 2020; the loss grows and 2021 has the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €5,292
Fixed assets
€3,248 ▲ 45.8%
Current assets
€2,043 ▲ 3.4%
Key figures and ratios
EBITDA
-€17,762
Cash flow
-€18,040
Debt to equity
-1.16
Interest coverage
-63.93
Debt ≤ 1 year
€39,131▲
2020 · €19,826
Staff costs
€8,195
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €8,195 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €60 | - | €177 | - |
| Other operating charges640/8 | - | - | - | €904 | - |
| Gross operating margin9900 | €3,995 | -€5,086 | €10,742 | -€8,664 | ▼ 181% |
| Operating profit (loss)9901 | €2,835 | -€13,230 | -€1,388 | -€17,940 | ▼ 1,193% |
| Financial charges65/66B | - | - | - | €278 | - |
| Recurring financial charges65 | €8 | €127 | €325 | €278 | ▼ 14.4% |
| Profit (loss) for the period before taxes9903 | €2,827 | -€13,358 | -€1,712 | -€18,218 | ▼ 964% |
| Profit (loss) for the period9904 | €2,827 | -€13,358 | -€1,712 | -€18,218 | ▼ 964% |
| Profit (loss) for the period to be appropriated9905 | €2,827 | -€13,358 | -€1,712 | -€18,218 | ▼ 964% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €2,685 | €3,896 | €4,205 | €5,292 | ▲ 25.9% |
| Fixed assets21/28 | €2,288 | €2,228 | €2,228 | €3,248 | ▲ 45.8% |
| Tangible fixed assets22/27 | €60 | - | - | €1,021 | - |
| Plant, machinery and equipment23 | - | - | - | €768 | - |
| Furniture and vehicles24 | - | - | - | €253 | - |
| Financial fixed assets28 | €2,228 | €2,228 | €2,228 | €2,228 | = |
| Current assets29/58 | €397 | €1,668 | €1,977 | €2,043 | ▲ 3.4% |
| Amounts receivable within one year40/41 | - | €245 | €1,560 | €1,908 | ▲ 22.3% |
| Trade receivables40 | - | - | - | €1,908 | - |
| Cash at bank and in hand54/58 | €397 | €1,325 | €315 | €9 | ▼ 97.0% |
| Deferred charges and accrued income490/1 | - | - | - | €126 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €2,685 | €3,896 | €4,205 | €5,292 | ▲ 25.9% |
| Equity10/15 | -€551 | -€13,909 | -€15,622 | -€33,839 | ▼ 117% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | - |
| Outside capital11 | - | - | - | €18,600 | - |
| Other1109/19 | - | - | - | €18,600 | - |
| Reserves13 | €148 | €148 | €148 | €148 | = |
| Non-distributable reserves130/1 | - | - | - | €148 | - |
| Reserves not available under the articles1311 | - | - | - | €148 | - |
| Profit (loss) carried forward14 | -€19,299 | -€32,657 | -€34,370 | -€52,587 | ▼ 53.0% |
| Amounts payable17/49 | €3,236 | €17,805 | €19,826 | €39,131 | ▲ 97.4% |
| Amounts payable within one year42/48 | €3,236 | €17,805 | €19,826 | €39,131 | ▲ 97.4% |
| Financial debts43 | - | - | - | €97 | - |
| Credit institutions430/8 | - | - | - | €97 | - |
| Trade debts44 | - | €619 | €2,962 | €5,160 | ▲ 74.2% |
| Suppliers440/4 | - | - | - | €5,160 | - |
| Taxes, remuneration and social security45 | - | - | - | €7,904 | - |
| Taxes450/3 | - | - | - | €2,155 | - |
| Remuneration and social security454/9 | - | - | - | €5,748 | - |
| Other amounts payable47/48 | - | - | - | €25,970 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,827 | -€13,358 | -€1,712 | -€18,218 | ▼ 964% |
| + Depreciation and write-downs630 | - | €60 | - | €177 | - |
| Operating cash flow (approximation) | €2,827 | -€13,298 | -€1,712 | -€18,040 | ▼ 953% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€1,198 | - |
| Change in cash | - | €928 | -€1,010 | -€306 | ▲ 69.7% |
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
2023
14-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 06-04-2023
2022
25-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 86 days late
08-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 192 days late
2021
31-12
Financial
Weakest financial yearnet -€18,218
Net result drops to -€18,218, the lowest in the series.
23-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 235 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2015
06-10
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 67 days late
2014
09-09
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 40 days late
2013
07-06
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
02-07
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
12 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, Antwerpen · 1 establishment unit since 2004
Ground area
247 m²
Building footprint
247 m²
Volume, LiDAR
1,369 m³
Parcel 11303B0515/00C005, Flanders · tallest building 10.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MARGO PL
since 20042.137.278.204
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11303B0515/00C005 | Flanders | 247 m² | 1 · 247 m² | 10.0 m · 1 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 | CATHéRINE LANNOY MECHELSESTEENWEG 271/8.1,
2018 ANTWERPEN 1 |
06-04-2023 → present |
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Of 7,378 companies in sector 95311 we hold annual accounts for 2,963. 54 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded19-05-2004
Fiscal year end31-12
Activities, NACEBEL 2025
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0865393022
Registered
12-06-2026
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.