MCON
InactiveMCON was declared bankrupt on 28-09-2021 (Ondernemingsrechtbank Antwerpen, afdeling Turnhout); the bankruptcy was closed for insufficient assets by judgment of 16-01-2024, published in the Belgian State Gazette on 22-01-2024.
Summary
Inactive; last annual accounts for fiscal year 2019.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline26-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 12-10-2020, 73 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
not filed
2020
not filed
2019
73 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its 2019 accounts 73 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)
History
Financials · fiscal year 2019, micro schema
Equity
-€11,570▼ 125%
2018 · -€5,142
Total assets
€21,797▼ 1.2%
2018 · €22,060
Net result
-€16,428▼ 73.9%
2018 · -€9,445
Working capital
-€16,370▲ 6.6%
2018 · -€17,535
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
Line20182019
Operating result-€9,355--€16,172▼ 72.9%
Net result-€9,445--€16,428▼ 73.9%
Equity-€5,142--€11,570▼ 125%
Total assets€22,060-€21,797▼ 1.2%
Debt€27,202-€33,367▲ 22.7%
Working capital-€17,535--€16,370▲ 6.6%
Staff (FTE)1-
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 €16,172 in 2019 against €9,355 in 2018; the loss grows.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €21,797
Fixed assets
€4,800 ▼ 61.5%
Current assets
€16,997 ▲ 77.2%
Key figures and ratios
EBITDA
-€14,672▼
2018 · -€4,322
Cash flow
-€14,928▼
2018 · -€4,412
Solvency
-53.1%▼
2018 · -23.3%
Current ratio
0.51▲
2018 · 0.35
ROA
-75.4%▼
2018 · -42.8%
Debt ≤ 1 year
€33,367▲
2018 · €27,128
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,033 | €1,500 | ▼ 70.2% |
| Gross operating margin9900 | €19,761 | -€2,781 | ▼ 114% |
| Operating profit (loss)9901 | -€9,355 | -€16,172 | ▼ 72.9% |
| Recurring financial income75 | - | €62 | - |
| Recurring financial charges65 | €90 | €319 | ▲ 254% |
| Profit (loss) for the period before taxes9903 | -€9,445 | -€16,428 | ▼ 73.9% |
| Profit (loss) for the period9904 | -€9,445 | -€16,428 | ▼ 73.9% |
| Profit (loss) for the period to be appropriated9905 | -€9,445 | -€16,428 | ▼ 73.9% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €22,060 | €21,797 | ▼ 1.2% |
| Fixed assets21/28 | €12,467 | €4,800 | ▼ 61.5% |
| Tangible fixed assets22/27 | €12,467 | €4,800 | ▼ 61.5% |
| Current assets29/58 | €9,593 | €16,997 | ▲ 77.2% |
| Amounts receivable within one year40/41 | €4,681 | €16,877 | ▲ 261% |
| Cash at bank and in hand54/58 | €4,757 | €119 | ▼ 97.5% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €22,060 | €21,797 | ▼ 1.2% |
| Equity10/15 | -€5,142 | -€11,570 | ▼ 125% |
| Contributions10/11 | €6,200 | €16,200 | ▲ 161% |
| Reserves13 | €5,266 | €5,266 | = |
| Profit (loss) carried forward14 | -€16,608 | -€33,036 | ▼ 98.9% |
| Amounts payable17/49 | €27,202 | €33,367 | ▲ 22.7% |
| Amounts payable within one year42/48 | €27,128 | €33,367 | ▲ 23.0% |
| Trade debts44 | €10,175 | €11,490 | ▲ 12.9% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€9,445 | -€16,428 | ▼ 73.9% |
| + Depreciation and write-downs630 | €5,033 | €1,500 | ▼ 70.2% |
| Operating cash flow (approximation) | -€4,412 | -€14,928 | ▼ 238% |
| Investment in fixed assets (approximation) | - | €6,167 | - |
| Change in cash | - | -€4,638 | - |
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
2024
22-01
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 16-01-2024
2021
04-10
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 28-09-2021
2020
12-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 73 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
15-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 107 days late
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
2014
05-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 5 days late
2013
29-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
30-07
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
05-07
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
SignalNBB filing
0 of 3 acts read
About the unread acts
We know of 3 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
3 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | STEVEN HEYLEN VLAKKE VELDEN 1, 2270 HERENT-
HOUT |
28-09-2021 → 16-01-2024 |