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MDU

Open bankruptcy
Private limited company (pre-2019)founded 2016Avenue du Chêne 114, 4802 Verviers, BelgiumKBO/BCE: BE 0666.850.353

A bankruptcy procedure is open for MDU according to publications in the Belgian State Gazette; curator: MICHELLE HABETS.

Summary

The 2022 annual accounts show negative equity (-€10,080) and a net result of €132.

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 Liège, Liège division
Declared bankrupt
27 May 2024
Supervising judge
Didier Camal
Official Gazette
07-06-2024 (pdf) ↗search the document for 2024/123454

Deadlines

Appeal or third-party opposition until
passed on 22 June 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 26 June 2024art. XX.104 and XX.155 CEL
First verification report
passed on 11 July 2024Goods 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 27 May 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. 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.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. 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 · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 30-09-2023, 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 · 6 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
61 d late
2021
61 d late
2020
212 d late
2019
92 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 107 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)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 1 December 2016, MDU was incorporated.1 Total assets went from EUR 14,935 in 2018 to EUR 17,248 in 2022 and headcount from 0.8 full-time equivalents in 2019 to 2 in 2022.2 The company was declared bankrupt on 27 May 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2019 and 2022
  3. 3Belgian State Gazette, 07-06-2024

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2022, micro schema

Equity
-€10,080▲ 1.3%
2021 · -€10,213
Total assets
€17,248▲ 38.9%
2021 · €12,415
Net result
€132
2021 · -€10,834
Working capital
-€10,080▲ 1.3%
2021 · -€10,213
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
Line20182019202020212022
Operating result-€6,371--€8,895▼ 39.6%€2,958-€10,664€524
Net result-€6,494--€9,035▼ 39.1%€2,802within the sector's middle half-€10,834below the sector's middle half€132within the sector's middle half
Equity€6,853--€2,182€621below the sector's middle half-€10,213below the sector's middle half-€10,080below the sector's middle half▲ 1.3%
Total assets€14,935-€9,456▼ 36.7%€11,783below the sector's middle half▲ 24.6%€12,415below the sector's middle half▲ 5.4%€17,248below the sector's middle half▲ 38.9%
Debt€8,081-€11,638▲ 44.0%€11,162▼ 4.1%€22,628▲ 103%€27,329▲ 20.8%
Working capital€1,187--€5,848-€1,046▲ 82.1%-€10,213▼ 876%-€10,080▲ 1.3%
Solvency45.9%--23.1%▼ 69.0pp5.3%below the sector's middle half▲ 28.3pp-82.3%below the sector's middle half▼ 87.5pp-58.4%below the sector's middle half▲ 23.8pp
Staff (FTE)0.81within the sector's middle half▲ 25.0%1=2▲ 100%
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
-€15,000-€10,000-€5,000€0€5,000Operating result 2018: -€6,371-€6,371Net result 2018: -€6,494-€6,494Operating result 2019: -€8,895-€8,895Net result 2019: -€9,035-€9,035Operating result 2020: €2,958€2,958Net result 2020: €2,802€2,802Operating result 2021: -€10,664-€10,664Net result 2021: -€10,834-€10,834Operating result 2022: €524€524Net result 2022: €132€13220182019202020212022-€15,000-€10,000-€5,000€0€5,000Operating result 2020: €2,958€2,960Net result 2020: €2,802€2,800Operating result 2021: -€10,664-€10,700Net result 2021: -€10,834-€10,800Operating result 2022: €524€524Net result 2022: €132€132202020212022
The operating result returns to profit in 2022: €524 after a loss of €10,664 in 2021.
Key figures and ratios
2022 value · change against 2021
EBITDA
€524▲
2021 · -€8,997
Cash flow
€132▲
2021 · -€9,167
Current ratio
0.63▲
2021 · 0.55
Debt to equity
-2.71▼
2021 · -2.22
ROA
0.8%▲
2021 · -87.3%
Interest coverage
1.34▲
2021 · -53.08
Debt ≤ 1 year
€27,329▲
2021 · €22,628
Staff costs
€1,583▼
2021 · €7,043
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 33 lines
Balance sheet Code20212022
Assets
Total assets20/58€12,415€17,248▲
Fixed assets21/28€0-
Tangible fixed assets22/27€0-
Plant, machinery and equipment23€0-
Current assets29/58€12,415€17,248▲
Amounts receivable within one year40/41€5,534€16,664▲
Trade receivables40€4,664€15,360▲
Other amounts receivable41€870€1,305▲
Cash at bank and in hand54/58€6,881€584▼
Equity and liabilities
Total equity and liabilities10/49€12,415€17,248▲
Equity10/15-€10,213-€10,080▲
Contributions10/11€18,500€18,500=
Profit (loss) carried forward14-€28,713-€28,580▲
Amounts payable17/49€22,628€27,329▲
Amounts payable within one year42/48€22,628€27,329▲
Trade debts44€5,374€9,060▲
Suppliers440/4€5,374€9,060▲
Taxes, remuneration and social security45€1,398€1,624▲
Taxes450/3€1,218€1,444▲
Remuneration and social security454/9€180€180=
Other amounts payable47/48€15,856€16,645▲
Income statement Code20212022
Remuneration, social security and pensions62€7,043€1,583▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,667€0▼
Other operating charges640/8€1,191€327▼
Gross operating margin9900-€764€2,433▲
Operating profit (loss)9901-€10,664€524▲
Financial charges65/66B€170€391▲
Recurring financial charges65€170€391▲
Profit (loss) for the period before taxes9903-€10,834€132▲
Profit (loss) for the period9904-€10,834€132▲
Profit (loss) for the period to be appropriated9905-€10,834€132▲
Appropriation of the result
Profit (loss) to be appropriated9906-€28,713-€28,580▲
Profit (loss) brought forward from the previous period14P-€17,879-€28,713▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022Change
Remuneration, social security and pensions62---€7,043€1,583▼ 77.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,000€2,000€2,000€1,667€0▼ 100%
Other operating charges640/8---€1,191€327▼ 72.5%
Gross operating margin9900-€993-€2,377€7,959-€764€2,433▲ 419%
Operating profit (loss)9901-€6,371-€8,895€2,958-€10,664€524▲ 105%
Recurring financial income75€21€2€0---
Financial charges65/66B---€170€391▲ 131%
Recurring financial charges65€144€142€155€170€391▲ 131%
Profit (loss) for the period before taxes9903-€6,494-€9,035€2,802-€10,834€132▲ 101%
Profit (loss) for the period9904-€6,494-€9,035€2,802-€10,834€132▲ 101%
Profit (loss) for the period to be appropriated9905-€6,494-€9,035€2,802-€10,834€132▲ 101%
Line20182019202020212022Change
Assets
Total assets20/58€14,935€9,456€11,783€12,415€17,248▲ 38.9%
Fixed assets21/28€5,667€3,667€1,667€0--
Tangible fixed assets22/27€5,667€3,667€1,667€0--
Plant, machinery and equipment23---€0--
Current assets29/58€9,268€5,789€10,116€12,415€17,248▲ 38.9%
Amounts receivable within one year40/41€1,198€2,794€2,312€5,534€16,664▲ 201%
Trade receivables40---€4,664€15,360▲ 229%
Other amounts receivable41---€870€1,305▲ 50.0%
Cash at bank and in hand54/58€8,070€2,995€7,804€6,881€584▼ 91.5%
Equity and liabilities
Total equity and liabilities10/49€14,935€9,456€11,783€12,415€17,248▲ 38.9%
Equity10/15€6,853-€2,182€621-€10,213-€10,080▲ 1.3%
Contributions10/11€18,500€18,500-€18,500€18,500=
Profit (loss) carried forward14-€11,647-€20,682-€17,879-€28,713-€28,580▲ 0.5%
Amounts payable17/49€8,081€11,638€11,162€22,628€27,329▲ 20.8%
Amounts payable within one year42/48€8,081€11,638€11,162€22,628€27,329▲ 20.8%
Trade debts44€121€1,977€1,511€5,374€9,060▲ 68.6%
Suppliers440/4---€5,374€9,060▲ 68.6%
Taxes, remuneration and social security45---€1,398€1,624▲ 16.2%
Taxes450/3---€1,218€1,444▲ 18.6%
Remuneration and social security454/9---€180€180=
Other amounts payable47/48---€15,856€16,645▲ 5.0%
Line20182019202020212022Change
Profit (loss) for the period9904-€6,494-€9,035€2,802-€10,834€132▲ 101%
+ Depreciation and write-downs630€2,000€2,000€2,000€1,667€0▼ 100%
Operating cash flow (approximation)-€4,494-€7,035€4,802-€9,167€132▲ 101%
Investment in fixed assets (approximation)-€0€0€0--
Change in cash--€5,075€4,808-€922-€6,298▼ 583%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2024
07-06
Bankruptcy Opening
Tribunal de l’entreprise de Liège, division Liège · event 27-05-2024
2023
30-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
31-12
Financial Back to profitnet €132
Net result €132 after one loss-making year.
30-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
28-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 212 days late
2021
31-12
Financial Weakest financial yearnet -€10,834
Net result drops to -€10,834, the lowest in the series.
2020
31-12
Financial Back to profitnet €2,802
Net result €2,802 after 2 loss-making years.
31-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
28-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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
Registered office, Verviers · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
423 m²
Building footprint
96 m²
Volume, LiDAR
807 m³
Parcel 63036A0268/00M000, Wallonia · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
HEUSY WASH
Avenue du Chêne 114, 4802 VerviersNACE 45206
since 20172.259.548.286
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63036A0268/00M000 Wallonia 423 m² 1 · 96 m² 10.4 m · 3 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 MICHELLE HABETS
RUE DE TERSTRAETEN 116, 4851 GEMMENICH
27-05-2024 → present

Similar companies · same sector, comparable size

Of 3,205 companies in sector 95316 we hold annual accounts for 753. 146 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)
Founded01-12-2016
Fiscal year end31-12
Activities, NACEBEL 2025
95316Washing and cleaning of motor vehicles
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.