MBTECHNICS
InactiveMBTECHNICS was declared bankrupt on 30-11-2023 (Ondernemingsrechtbank Leuven); the bankruptcy was closed for insufficient assets by judgment of 20-06-2024, published in the Belgian State Gazette on 25-06-2024.
No longer registered with the KBO; last annual accounts for fiscal year 2022.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
30-09-2023 close30-04-2024 deadline22-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-09-2022 was due by 30-04-2023 and was filed on 11-05-2023, 11 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 · 2 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
11 d late
2021
320 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Equity
€6k▼ 28.1%
2021 · €8k
2021: €8k
2021 → 2022
Total assets
€14k▲ 24.2%
2021 · €12k
2021: €12k
2021 → 2022
Net result
€-2k
2021 · €2k
2021: €2k
2021 → 2022
Working capital
€5k▼ 25.8%
2021 · €7k
2021: €7k
2021 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022Trend
Equity€8k-€6k▼ 28.1%
Operating result€3k-€-1k
Net result€2k-€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €1k after €3k in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €14k
Fixed assets
€301▼ 53.8%
Current assets
€14k▲ 28.8%
Equity and liabilities €14k
Equity
€6k▼ 28.1%
Debt
€9k▲ 136%
The debt ratio rises from 31.9% to 60.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-720▼
2021 · €3k
Cash flow
€-2k▼
2021 · €2k
Solvency
39.4%▼
2021 · 68.1%
Current ratio
1.62▼
2021 · 2.96
Quick ratio
1.62▼
2021 · 2.83
Debt / equity
1.54▲
2021 · 0.47
ROE
-39.1%▼
2021 · 24.4%
ROA
-15.4%▼
2021 · 16.6%
Interest coverage
-0.66▼
2021 · 38.02
Debt
€9k▲
2021 · €4k
Debt ≤ 1 year
€9k▲
2021 · €4k
Income taxes
€545▼
2021 · €1k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€12k€14k▲
Fixed assets21/28€651€301▼
Tangible fixed assets22/27€651€301▼
Plant, machinery and equipment23€651€301▼
Current assets29/58€11k€14k▲
Stocks and contracts in progress3€500-
Stocks30/36€500-
Amounts receivable within one year40/41€10k€10k▲
Trade receivables40€3k€423▼
Other amounts receivable41€7k€10k▲
Cash at bank and in hand54/58€486€4k▲
Equity and liabilities
Total equity and liabilities10/49€12k€14k▲
Equity10/15€8k€6k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€2k€-295▼
Amounts payable17/49€4k€9k▲
Amounts payable within one year42/48€4k€9k▲
Trade debts44€3k€6k▲
Suppliers440/4€3k€6k▲
Taxes, remuneration and social security45€1k€3k▲
Taxes450/3€1k€3k▲
Income statement
Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€400€351▼
Other operating charges640/8€1k€4k▲
Gross operating margin9900€5k€3k▼
Operating profit (loss)9901€3k€-1k▼
Financial income75/76B€275€468▲
Recurring financial income75€275€468▲
Financial charges65/66B€84€1k▲
Recurring financial charges65€84€1k▲
Profit (loss) for the period before taxes9903€3k€-2k▼
Income taxes67/77€1k€545▼
Profit (loss) for the period9904€2k€-2k▼
Profit (loss) for the period to be appropriated9905€2k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€-295▼
Profit (loss) brought forward from the previous period14P-€2k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
25-06
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Leuven · MBTECH- NICS BV STEENWEG OP WEZEMAAL 112, 3110 ROTSELAAR · event 20-06-2024
2023
06-12
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · MBTECHNICS BV STEENWEG OP WEZEMAAL 112, 3110 ROTSELAAR · event 30-11-2023
11-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
16-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 320 days late
SignalNBB filing
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
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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | KARL VANSTIPELEN STATIONSSTRAAT 108A,
3400 LANDEN |
30-11-2023 → present |
| Curator | WINNY
TIRMARCHE STATIONSSTRAAT 108, 3400 LANDEN- |
30-11-2023 → present |