MEDIA CITY GROUP
A bankruptcy procedure is open for MEDIA CITY GROUP according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2022 annual accounts show equity of €72k and a net result of €26k.
| Equity | €72k |
| Net result | €26k |
| Staff (FTE) | 4.8 |
| Active | 6 yrs |
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Show 14 other metrics
| Fiscal year | 2022 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €345k |
| Net profit | €26k |
| Cash flow | €31k |
| Staff costs | €124k |
| Income taxes | €15k |
| Dividends | - |
| Total assets | €1.67M |
| Equity | €72k |
| Debt | €1.60M |
| of which ≤ 1y | €1.60M |
| of which > 1y | €1k |
| Working capital | €-18k |
| Employees (FTE) | 4.8 |
| 2022 | |
|---|---|
| Current ratio | 0.99 |
| Quick ratio | 0.76 |
| Working capital ratio | -1.1% |
| Solvency | 4.3% |
| Debt / equity | 22.24 |
| Long-term debt ratio | 0.02 |
| Interest coverage | 1.01 |
| Gross margin | - |
| Net margin | - |
| ROA | 1.5% |
| ROE | 35.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (24 line items)
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.67M |
| Fixed assets | 21/28 | €91k |
| Tangible fixed assets | 22/27 | €21k |
| Financial fixed assets | 28 | €70k |
| Current assets | 29/58 | €1.58M |
| Stocks & contracts in progress | 3 | €372k |
| Amounts receivable within one year | 40/41 | €1.08M |
| Cash & bank | 54/58 | €131k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.67M |
| Equity | 10/15 | €72k |
| Contributions / capital | 10/11 | €6k |
| Accumulated profits (losses) | 14 | €66k |
| Amounts payable | 17/49 | €1.60M |
| Amounts payable after one year | 17 | €1k |
| Amounts payable within one year | 42/48 | €1.60M |
| Trade debts payable within one year | 44 | €1.47M |
| Income statement | ||
| Gross operating margin | 9900 | €474k |
| Operating result | 9901 | €340k |
| Financial income | 75 | €42k |
| Financial charges | 65 | €341k |
| Result before taxes | 9903 | €41k |
| Income taxes | 67/77 | €15k |
| Net result for the period | 9904 | €26k |
| Result to be appropriated | 9905 | €26k |
-
BUTTHA Irfan HamidManaging directorState Gazette act 23153006 (30-11-2023)Current30-11-2023 → present
Former directors (1)
-
RAFIQ Mohammed AmirManaging directorState Gazette act 23153006 (30-11-2023)Former- → 30-11-2023
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | CATHERINE HUPEZ RUE DU ONZE NOVEMBRE 9,
7000 MONS- .
Date provisoire de cessation de paiement : 16/09/2024 |
16-09-2024 → present | Belgian State Gazette |
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 17-02-2020 |
| Status | Active |
| Postal code | - |
| First BS signal | 27-09-2024 |
| Latest BS signal | 27-09-2024 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55372D0045/00B005 | Wallonia | 451 m² | 1 · 46 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.
We hold 1 further earlier event in this file, covering 16-09-2024 to 06-10-2025.
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
30-11-2023 1 director appointed, 1 resigning, 1 reappointed
- BUTTHA Irfan Hamid, Gedelegeerd bestuurder
- RAFIQ Mohammed Amir, Gedelegeerd bestuurder
- BUTTHA Irfan Hamid, Gedelegeerd bestuurder
Technical details
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}03-08-2023 All shares are now held by a single shareholder
Technical details
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}28-07-2023 Registered office moved to La Louvière
- Rue Albert 1er 76-7100 La Louvière
Technical details
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}26-06-2023 Registered office moved within Bruxelles
- Quai des Usines 163/33 - 1000 Bruxelles → Rue Brogniez 62- 1070 Bruxelles
Technical details
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}| Legal nameFR | MEDIA CITY GROUP |
- 06-10-2025 Address struck