MCT GROUP
Open bankruptcyAre 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
- French-language Enterprise Court of Brussels
- Declared bankrupt
- 11 May 2026
- Supervising judge
- Pierre Carlier
- Official Gazette
- 18-05-2026 (pdf) ↗search the document for 2026/121297
Deadlines
- Appeal or third-party opposition until
- passed on 2 June 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 10 June 2026art. XX.104 and XX.155 CEL
- First verification report
- passed on 17 June 2026Goods 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
- 11 May 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Emmanuelle BouillonChaussee De La Hulpe 187, 1170 Watermael-Boitsforte.bouillon@janson.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
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 -€23,239
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-09-2025, 45 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 · 9 filingsDeviation from the deadline
2024
45 d late
2023
49 d late
2022
410 d late
2021
115 d late
2020
87 d late
2019
107 d late
2018
92 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 129 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% 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 Are there other customers at risk in your own list?Process a list How is the Limited-service restaurants, excluding mobile food services sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
-€23,239▼ 94.7%
2023 · -€11,934
Total assets
€108,776▼ 19.0%
2023 · €134,233
Net result
-€11,305▲ 92.0%
2023 · -€142,107
Working capital
-€58,623▼ 15.0%
2023 · -€50,974
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€698€32,839-€71,813-€108,546▼ 51.2%€21,690
Net result€31,068above the sector's middle half▲ 1,130%€58,277above the sector's middle half▲ 87.6%-€82,216below the sector's middle half-€142,107below the sector's middle half▼ 72.8%-€11,305below the sector's middle half▲ 92.0%
Equity€154,110above the sector's middle half▲ 25.2%€212,388above the sector's middle half▲ 37.8%€130,172above the sector's middle half▼ 38.7%-€11,934below the sector's middle half-€23,239below the sector's middle half▼ 94.7%
Total assets€268,068above the sector's middle half▲ 22.8%€257,550above the sector's middle half▼ 3.9%€240,275above the sector's middle half▼ 6.7%€134,233within the sector's middle half▼ 44.1%€108,776within the sector's middle half▼ 19.0%
Debt€68,958▲ 276%€45,162▼ 34.5%€110,103▲ 144%€146,167▲ 32.8%€132,016▼ 9.7%
Working capital€148,799above the sector's middle half▼ 19.5%€160,505above the sector's middle half▲ 7.9%€86,178above the sector's middle half▼ 46.3%-€50,974below the sector's middle half-€58,623below the sector's middle half▼ 15.0%
Solvency57.5%above the sector's middle half▲ 1.1pp82.5%above the sector's middle half▲ 25.0pp54.2%within the sector's middle half▼ 28.3pp-8.9%below the sector's middle half▼ 63.1pp-21.4%below the sector's middle half▼ 12.5pp
Current ratio3.16above the sector's middle half▼ 7.924.55above the sector's middle half▲ 1.401.78within the sector's middle half▼ 2.770.65within the sector's middle half▼ 1.130.56within the sector's middle half▼ 0.10
Return on assets (ROA)11.6%within the sector's middle half▲ 10.4pp22.6%within the sector's middle half▲ 11.0pp-34.2%below the sector's middle half▼ 56.8pp-105.9%below the sector's middle half▼ 71.6pp-10.4%below the sector's middle half▲ 95.5pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, 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 returns to profit in 2024: €21,690 after a loss of €108,546 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €108,776
Fixed assets
€35,384 ▼ 9.4%
Current assets
€73,393 ▼ 22.9%
Equity and liabilities
Equity-€23,239
Debt€132,016
Equity is negative: debt (€132,016) exceeds the balance-sheet total (€108,776).
Key figures and ratios
EBITDA
€25,346▲
2023 · -€103,591
Cash flow
-€7,649▲
2023 · -€137,152
Quick ratio
0.55▼
2023 · 0.65
Interest coverage
12.69▲
2023 · -1072.37
Debt ≤ 1 year
€132,016▼
2023 · €146,167
Income taxes
€31,000▼
2023 · €33,464
Staff costs
€294,283▲
2023 · €270,513
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €69,878 | €181,794 | €270,513 | €294,283 | ▲ 8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,644 | €7,625 | €7,889 | €4,955 | €3,656 | ▼ 26.2% |
| Other operating charges640/8 | - | €7,316 | €8,943 | €2,754 | €682 | ▼ 75.2% |
| Gross operating margin9900 | €28,408 | €117,658 | €126,812 | €169,677 | €320,311 | ▲ 88.8% |
| Operating profit (loss)9901 | -€698 | €32,839 | -€71,813 | -€108,546 | €21,690 | ▲ 120% |
| Financial income75/76B | - | - | €10 | €0 | €3 | ▲ 4,980% |
| Recurring financial income75 | - | - | €10 | €0 | €3 | ▲ 4,980% |
| Financial charges65/66B | - | -€44,930 | €234 | €97 | €1,998 | ▲ 1,968% |
| Recurring financial charges65 | €234 | €70 | €234 | €97 | €1,998 | ▲ 1,968% |
| Non-recurring financial charges66B | - | -€45,000 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €31,068 | €77,769 | -€72,038 | -€108,643 | €19,695 | ▲ 118% |
| Income taxes67/77 | - | €19,492 | €10,178 | €33,464 | €31,000 | ▼ 7.4% |
| Profit (loss) for the period9904 | €31,068 | €58,277 | -€82,216 | -€142,107 | -€11,305 | ▲ 92.0% |
| Profit (loss) for the period to be appropriated9905 | €31,068 | €58,277 | -€82,216 | -€142,107 | -€11,305 | ▲ 92.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €268,068 | €257,550 | €240,275 | €134,233 | €108,776 | ▼ 19.0% |
| Fixed assets21/28 | €50,311 | €51,883 | €43,995 | €39,040 | €35,384 | ▼ 9.4% |
| Tangible fixed assets22/27 | €50,311 | €51,883 | €43,995 | €39,040 | €35,384 | ▼ 9.4% |
| Plant, machinery and equipment23 | - | €39,787 | €34,832 | €29,877 | €25,421 | ▼ 14.9% |
| Furniture and vehicles24 | - | €3,625 | €692 | €692 | €1,492 | ▲ 116% |
| Leasing and similar rights25 | - | €198 | €198 | €198 | €198 | = |
| Other tangible fixed assets26 | - | €8,273 | €8,273 | €8,273 | €8,273 | = |
| Current assets29/58 | €217,757 | €205,667 | €196,280 | €95,193 | €73,393 | ▼ 22.9% |
| Stocks and contracts in progress3 | €2,299 | €2,299 | €2,299 | €600 | €750 | ▲ 25.0% |
| Stocks30/36 | - | €2,299 | €2,299 | €600 | €750 | ▲ 25.0% |
| Amounts receivable within one year40/41 | €208,384 | €180,192 | €181,919 | €82,319 | €63,598 | ▼ 22.7% |
| Trade receivables40 | - | - | €44,543 | €35,350 | €35,350 | = |
| Other amounts receivable41 | - | €180,192 | €137,375 | €46,969 | €28,248 | ▼ 39.9% |
| Cash at bank and in hand54/58 | €7,074 | €23,176 | €12,063 | €11,996 | €8,488 | ▼ 29.2% |
| Deferred charges and accrued income490/1 | - | - | - | €279 | €557 | ▲ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €268,068 | €257,550 | €240,275 | €134,233 | €108,776 | ▼ 19.0% |
| Equity10/15 | €154,110 | €212,388 | €130,172 | -€11,934 | -€23,239 | ▼ 94.7% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €28,360 | €28,360 | €28,360 | €28,360 | €28,360 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | - | €26,500 | €26,500 | €26,500 | €26,500 | = |
| Profit (loss) carried forward14 | €113,350 | €171,628 | €89,412 | -€52,694 | -€63,999 | ▼ 21.5% |
| Provisions and deferred taxes16 | €45,000 | - | - | - | - | - |
| Amounts payable17/49 | €68,958 | €45,162 | €110,103 | €146,167 | €132,016 | ▼ 9.7% |
| Amounts payable within one year42/48 | €68,958 | €45,162 | €110,103 | €146,167 | €132,016 | ▼ 9.7% |
| Trade debts44 | €67,869 | €26,181 | €60,092 | €45,897 | €18,003 | ▼ 60.8% |
| Suppliers440/4 | - | €26,181 | €60,092 | €45,897 | €18,003 | ▼ 60.8% |
| Taxes, remuneration and social security45 | - | €18,981 | €43,883 | €100,270 | €83,989 | ▼ 16.2% |
| Taxes450/3 | - | €18,238 | €18,432 | €41,285 | €40,575 | ▼ 1.7% |
| Remuneration and social security454/9 | - | €743 | €25,450 | €58,984 | €43,413 | ▼ 26.4% |
| Other amounts payable47/48 | - | - | €6,128 | - | €30,024 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €31,068 | €58,277 | -€82,216 | -€142,107 | -€11,305 | ▲ 92.0% |
| + Depreciation and write-downs630 | €9,644 | €7,625 | €7,889 | €4,955 | €3,656 | ▼ 26.2% |
| Operating cash flow (approximation) | €40,712 | €65,902 | -€74,327 | -€137,152 | -€7,649 | ▲ 94.4% |
| Investment in fixed assets (approximation) | - | -€9,197 | €0 | €0 | €0 | - |
| Change in cash | - | €16,102 | -€11,113 | -€67 | -€3,508 | ▼ 5,140% |
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
2026
18-05
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 11-05-2026
2025
17-11
Judicial reorganisation
Opening
Tribunal de l’entreprise francophone de Bruxelles · collective agreement (SME) · event 22-10-2025
14-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 45 days late
2024
18-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 49 days late
13-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 410 days late
2023
31-12
Financial
Weakest financial yearnet -€142,107
Net result drops to -€142,107, the lowest in the series.
2022
23-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 115 days late
2021
31-12
Financial
Highest result since 2018net €58,277 ▲87.6%
Operating result €32,839, net result €58,277, both a record.
31-12
Financial
Equity above €200,000Eq €212,388 ▲37.8%
4 profitable years in a row build equity to €212,388.
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 87 days late
2020
31-12
Financial
Equity above €150,000Eq €154,110 ▲25.2%
3 profitable years in a row build equity to €154,110.
15-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 107 days late
Show earlier events
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 92 days late
2018
31-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 153 days late
2017
13-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 105 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 2015
Ground area
1,374 m²
Building footprint
1,217 m²
Volume, LiDAR
18,160 m³
Parcel 21009A0373/00V000, Brussels · tallest building 30.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Thai Wok Express
since 20152.247.850.878
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21009A0373/00V000 | Brussels | 1,374 m² | 1 · 1,217 m² | 30.2 m · 5 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 | EMMANUELLE BOUILLON Chaussee De La Hulpe 187, 1170 Watermael-Boitsfort |
11-05-2026 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteElsene2.247.850.878
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 21,835 companies in this sector we hold annual accounts for 9,786. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded07-10-2015
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
9925:BE0640705982
Registered
19-12-2025
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.