MCT 1
Open bankruptcyA bankruptcy procedure is open for MCT 1 according to publications in the Belgian State Gazette; curator: Catherine HERINCKX.
Summary
The file additionally contains 1 administrative flag. The 2023 annual accounts show negative equity (€-3k) and a net result of €23k.
Signals
Four 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 31-12-2023 was due by 31-07-2024 and was filed on 30-09-2024, 61 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 confirmed
2024
not filed
2023
61 d late
2022
31 d early
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2023, micro schema
Equity
€-3k▲ 88.5%
2022 · €-26k
2022: €-26k
2022 → 2023
Total assets
€173k▲ 412%
2022 · €34k
2022: €34k
2022 → 2023
Net result
€23k
2022 · €-26k
2022: €-26k
2022 → 2023
Working capital
€-79k▼ 133%
2022 · €-34k
2022: €-34k
2022 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023Trend
Equity€-26k-€-3k▲ 88.5%
Operating result€-26k-€24k
Net result€-26k-€23k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €24k after a loss of €26k in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €173k
Fixed assets
€76k ▲ 881%
Current assets
€96k ▲ 272%
Key figures and ratios
EBITDA
€44k▲
2022 · €-26k
Cash flow
€44k▲
2022 · €-26k
Solvency
-1.8%▲
2022 · -78.0%
Current ratio
0.55▲
2022 · 0.43
Debt to equity
-58.07▼
2022 · -2.28
ROA
13.5%▲
2022 · -78.0%
Interest coverage
156.17▲
2022 · -1222.05
Debt
€176k▲
2022 · €60k
Debt ≤ 1 year
€176k▲
2022 · €60k
Staff costs
€340k▲
2022 · €83k
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 · 2023 against 2022 · 33 lines
Balance sheet
Code20222023
Assets
Total assets20/58€34k€173k▲
Fixed assets21/28€8k€76k▲
Tangible fixed assets22/27€8k€76k▲
Plant, machinery and equipment23€8k€13k▲
Leasing and similar rights25-€7k
Other tangible fixed assets26-€57k
Current assets29/58€26k€96k▲
Amounts receivable within one year40/41€6k€34k▲
Trade receivables40-€2k
Other amounts receivable41€6k€32k▲
Cash at bank and in hand54/58€20k€62k▲
Equity and liabilities
Total equity and liabilities10/49€34k€173k▲
Equity10/15€-26k€-3k▲
Profit (loss) carried forward14€-26k€-3k▲
Amounts payable17/49€60k€176k▲
Amounts payable within one year42/48€60k€176k▲
Trade debts44€26k€98k▲
Suppliers440/4€26k€98k▲
Taxes, remuneration and social security45€34k€78k▲
Taxes450/3€1k€35k▲
Remuneration and social security454/9€33k€42k▲
Income statement
Code20222023
Remuneration, social security and pensions62€83k€340k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€151€20k▲
Other operating charges640/8-€2k
Gross operating margin9900€57k€385k▲
Operating profit (loss)9901€-26k€24k▲
Financial charges65/66B€21€281▲
Recurring financial charges65€21€281▲
Profit (loss) for the period before taxes9903€-26k€23k▲
Profit (loss) for the period9904€-26k€23k▲
Profit (loss) for the period to be appropriated9905€-26k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-26k€-3k▲
Profit (loss) brought forward from the previous period14P-€-26k
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
2025
12-09
KBO administration
Address struck
10-06
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL MCT 1 AVENUE DE LA TOISON D’OR 46B, 1050 IXELLES · event 02-06-2025
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
1 establishment unit since 2022
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.
Ground area
571 m²
Building footprint
261 m²
Volume, LiDAR
2,748 m³
2 parcels, Brussels, Flanders · tallest building 18.7 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
THAI WOK EXPRESS
since 20222.335.070.310
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21492B0043/00P002 | Brussels | 426 m² | 1 · 116 m² | 18.2 m · 5 fl. |
| 11808H1168/00L002 | Flanders | 145 m² | 1 · 145 m² | 18.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 | Catherine HERINCKX AVENUE DU CONGO 1,
1050 IXELLES |
02-06-2025 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-08-2022
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:chakirthai@gmail.com
Phone:+32488602451