MEGA INFINITY
InactiveMEGA INFINITY was declared bankrupt on 19-12-2023 (Ondernemingsrechtbank Gent, afdeling Gent); the bankruptcy was closed for insufficient assets by judgment of 10-06-2025, published in the Belgian State Gazette on 13-06-2025.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
30-06-2022 close31-01-2023 deadline27-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-06-2021 was due by 31-01-2022 and was filed on 28-02-2022, 28 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 · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
28 d late
2019
90 d late
2018
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 49 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2021, micro schema
Turnover
€60,071
EBIT margin
-20.0%
Net result
€2,950
2019 · -€18,223
Working capital
€37,657
Trend over the years
Click a name to add, emphasise or remove a line.
Available amounts per fiscal year
Line20192021
Turnover€60,071-
Operating result-€12,027-€4,321-
Net result-€18,223-€2,950-
EBIT margin-20.0%-
Equity€36,658-€39,608-
Total assets€36,658-€44,238-
Debt€4,629-
Working capital€37,657-
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €4,321 in 2021, compared with -€12,027 in 2019. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2021 in colour, 2019 as the grey bar beneath
Assets €44,238
Fixed assets
€1,951 ▼ 66.7%
Current assets
€42,287 ▲ 37.3%
Equity and liabilities €44,238
Equity
€39,608
Debt
€4,629
Debt finances 10.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€8,221▲
2019 · -€8,127
Cash flow
€6,850▲
2019 · -€14,323
Current ratio
9.13
ROE
7.4%▲
2019 · -49.7%
ROA
6.7%▲
2019 · -49.7%
Debt ≤ 1 year
€4,629
Income taxes
€1,328▲
2019 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2021 | Change |
|---|---|---|---|
| Turnover70 | €60,071 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,900 | €3,900 | - |
| Gross operating margin9900 | -€6,857 | €8,221 | - |
| Operating profit (loss)9901 | -€12,027 | €4,321 | - |
| Recurring financial income75 | €37 | - | - |
| Recurring financial charges65 | €1,232 | €42 | - |
| Profit (loss) for the period before taxes9903 | -€18,223 | €4,279 | - |
| Income taxes67/77 | €0 | €1,328 | - |
| Profit (loss) for the period9904 | -€18,223 | €2,950 | - |
| Profit (loss) for the period to be appropriated9905 | -€18,223 | €2,950 | - |
| Line | 2019 | 2021 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €36,658 | €44,238 | - |
| Formation expenses20 | €0 | - | - |
| Fixed assets21/28 | €5,851 | €1,951 | - |
| Intangible fixed assets21 | €0 | - | - |
| Tangible fixed assets22/27 | €5,851 | €1,951 | - |
| Financial fixed assets28 | €0 | - | - |
| Current assets29/58 | €30,807 | €42,287 | - |
| Stocks and contracts in progress3 | €0 | - | - |
| Amounts receivable within one year40/41 | €29,554 | €38,062 | - |
| Current investments50/53 | €0 | - | - |
| Cash at bank and in hand54/58 | €1,253 | €4,225 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €36,658 | €44,238 | - |
| Equity10/15 | €36,658 | €39,608 | - |
| Contributions10/11 | €18,600 | - | - |
| Reserves13 | €4,529 | €4,529 | - |
| Profit (loss) carried forward14 | €13,529 | €16,480 | - |
| Amounts payable17/49 | - | €4,629 | - |
| Amounts payable within one year42/48 | - | €4,629 | - |
| Trade debts44 | - | €3,301 | - |
| Line | 2019 | 2021 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€18,223 | €2,950 | - |
| + Depreciation and write-downs630 | €3,900 | €3,900 | - |
| Operating cash flow (approximation) | -€14,323 | €6,850 | - |
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
2025
13-06
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Gent · event 10-06-2025
2023
28-12
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 19-12-2023
2022
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 28 days late
2021
30-06
Financial
Back to profitnet €2,950
Net result €2,950 after one loss-making year.
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
28-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
02-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2016
12-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 43 days late
07-01
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 160 days late
2014
02-10
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 63 days late
2013
23-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 23 days late
23-08
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 388 days late
23-08
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema · 754 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
4 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JORIS DE SMET BRUUL 27, 9630 11 ZWALM- |
19-12-2023 → 10-06-2025 |