MECHELSE VOEGWERKEN

Inactive

KBO/BCE: BE 0598.701.420

MECHELSE VOEGWERKEN was declared bankrupt on 18-01-2022 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 06-12-2022, published in the Belgian State Gazette on 16-12-2022.

Summary

Inactive; last annual accounts for fiscal year 2019.

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Signals

Three signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Prior bankruptcy

Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.

Belgian State Gazette

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 · 5 filings

Position against the passed deadline

31-12-2020 close31-07-2021 deadline24-09-2026 today

Filed more than 90 days late

The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 28-02-2021, 212 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 5 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

not filed

2022

not filed

2021

not filed

2020

not filed

2019

212 d late

← before the deadline after the deadline →

Checked, nothing found (1)

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

Financials · fiscal year 2019, micro schema

Equity

€-16k=

2018 · €-16k

2018: €-16k

2018 → 2019

Total assets

€16

Net result

€-5k

Working capital

€-1k

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20182019Trend

Equity€-16k-€-16k=

Operating result€-5k-

Net result€-5k-

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

2018 is the only fiscal year with figures: the operating result is a loss of €5k.

Key figures and ratios

2019 value · change against 2018

Debt to equity

-1.00

Debt

€16k▼

2018 · €16k

Debt > 1 year

€16k▲

2018 · €15k

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 · 2019 against 2018 · 21 lines

Balance sheet Code20182019

Assets

Total assets20/58€16-

Formation expenses20€0€0=

Financial fixed assets28€0-

Current assets29/58€16-

Stocks and contracts in progress3€0-

Cash at bank and in hand54/58€16€0▼

Equity and liabilities

Total equity and liabilities10/49€16€0▼

Equity10/15€-16k€-16k=

Contributions10/11€19k€19k=

Profit (loss) carried forward14€-35k€-35k=

Amounts payable17/49€16k€16k▼

Amounts payable after more than one year17€15k€16k▲

Amounts payable within one year42/48€1k-

Trade debts44€957-

Income statement Code20182019

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€266€0▼

Gross operating margin9900€-4k€0▲

Operating profit (loss)9901€-5k-

Recurring financial charges65€403€0▼

Profit (loss) for the period before taxes9903€-5k-

Profit (loss) for the period9904€-5k-

Profit (loss) for the period to be appropriated9905€-5k-

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Timeline · acts, filings and financial milestones

All 7Signals 2Filings 5

2022

16-12

Bankruptcy Bankruptcy closure (insufficient assets)

Ondernemingsrechtbank Brussel · MECHELSE VOEGWERKEN BV LOUIZALAAN 367, 1050 ELSENE · event 06-12-2022

24-01

Bankruptcy Opening

Ondernemingsrechtbank Brussel · MECHELSE VOEGWERKEN BV LOUIZALAAN 367, 1050 ELSENE · event 18-01-2022

2021

28-02