Skip to content

MEGA M

Open bankruptcy
Private limited company (pre-2019)founded 1983Groene Jagerslaan 64, 1180 Ukkel, BelgiumKBO/BCE: BE 0424.173.179

A bankruptcy procedure is open for MEGA M according to publications in the Belgian State Gazette; curator: Jos MOMBAERS.

Summary

The 2024 annual accounts show negative equity (-€733,080) and a net result of -€1.4m.

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 Brussels
Declared bankrupt
10 June 2025
Supervising judge
Jean Bonte
Official Gazette
18-06-2025 (pdf) ↗search the document for 2025/126142

Deadlines

Provisional date payments stopped
10 June 2025A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 3 July 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 10 July 2025art. XX.104 and XX.155 CEL
First verification report
passed on 16 July 2025Goods 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 10 June 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Jos MombaersLakensestraat 154 B11, 1000 Brussel 1jos.mombaers@outlook.com

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

Embed in an article

Writing about this bankruptcy? Put the card of MEGA M in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.

Preview
The preview appears here.
  • Stays current: the status follows the register, the figures are those of the latest filed accounts. No Checked score or verdict.
  • Light on your page: one small script and one data request, also answered from a cache; no cookies, no tracking.
  • Where scripts do not run (a newsletter, a feed reader) a plain link remains.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€733,080
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
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 27 June 1983, MEGA M was incorporated.1 Total assets went from EUR 1.8 million in 2018 to EUR 270,117 in 2024.2 The company was declared bankrupt on 10 June 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024
  3. 3Belgian State Gazette, 18-06-2025

Go further with this company

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

Financials · fiscal year 2024, micro schema

Equity
-€733,080
2023 · €715,681
Total assets
€270,117▼ 84.4%
2023 · €1.7m
Net result
-€1.4m
2023 · €5,161
Working capital
-€951,026=
2021 · -€951,026
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€8,474▲ 34.9%-€8,419▲ 0.6%-€12,129-€1.5m▼ 11,916%
Net result-€8,442▲ 88.8%€191€5,161-€1.4m
Equity€710,329▼ 1.2%€710,520=€710,520=€715,681▲ 0.7%-€733,080
Total assets€1.8m▼ 0.4%€1.7m▼ 0.5%€1.7m=€1.7m▼ 1.2%€270,117▼ 84.4%
Debt€959,468▲ 1.0%€959,491=€959,491=€951,026▼ 0.9%€951,026=
Working capital-€954,724▼ 0.5%-€951,026▲ 0.4%-€951,026=
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€1.5m-€1.0m-€500,000€0Operating result 2020: -€8,474-€8,474Net result 2020: -€8,442-€8,442Operating result 2021: -€8,419-€8,419Net result 2021: €191€191Operating result 2023: -€12,129-€12,129Net result 2023: €5,161€5,161Operating result 2024: -€1.5m-€1.5mNet result 2024: -€1.4m-€1.4m20202021202220232024-€1.5m-€1m-€500,000€0Operating result 2023: -€12,129-€12,100Net result 2023: €5,161€5,160Operating result 2024: -€1.5m-€1.5mNet result 2024: -€1.4m-€1.4m202220232024
The operating result stays negative: a loss of €1.5m in 2024 against €12,129 in 2023; the loss grows and 2024 has the lowest result in the available series.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€1.4m▼
2023 · €0
Cash flow
-€1.4m▼
2023 · €17,290
Solvency
-271.4%▼
2023 · 41.4%
Debt to equity
-1.30▼
2023 · 1.33
ROA
-536.3%▼
2023 · 0.3%
Debt ≤ 1 year
€951,026=
2023 · €951,026
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 · 2024 against 2023 · 29 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.7m€270,117▼
Fixed assets21/28€1.7m€270,117▼
Tangible fixed assets22/27€294,375€270,117▼
Land and buildings22€294,375€270,117▼
Financial fixed assets28€1.4m-
Equity and liabilities
Total equity and liabilities10/49€1.7m€270,117▼
Equity10/15€715,681-€733,080▼
Contributions10/11€18,592€18,592=
Reserves13€708,503€691,758▼
Non-distributable reserves130/1€1,859€1,859=
Reserves not available under the articles1311€1,859€1,859=
Tax-exempt reserves132€118,151€101,406▼
Distributable reserves133€588,493€588,493=
Profit (loss) carried forward14-€11,414-€1.4m▼
Provisions and deferred taxes16€60,794€52,171▼
Deferred taxes168€60,794€52,171▼
Amounts payable17/49€951,026€951,026=
Amounts payable within one year42/48€951,026€951,026=
Other amounts payable47/48€951,026€951,026=
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,129€24,258▲
Non-recurring operating charges66A-€1.4m
Operating profit (loss)9901-€12,129-€1.5m▼
Profit (loss) for the period before taxes9903-€12,129-€1.5m▼
Transfer from deferred taxes780€17,290€8,622▼
Profit (loss) for the period9904€5,161-€1.4m▼
Transfer from tax-exempt reserves789€33,490€16,745▼
Profit (loss) for the period to be appropriated9905€38,651-€1.4m▼
Appropriation of the result
Profit (loss) to be appropriated9906-€11,414-€1.4m▼
Profit (loss) brought forward from the previous period14P-€50,065-€11,414▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,129€12,129-€12,129€24,258▲ 100.0%
Other operating charges640/8€17-----
Non-recurring operating charges66A----€1.4m-
Gross operating margin9900€3,672€3,709----
Operating profit (loss)9901-€8,474-€8,419--€12,129-€1.5m▼ 11,916%
Financial charges65/66B€8,591€12----
Recurring financial charges65€8,591€12----
Profit (loss) for the period before taxes9903-€17,065-€8,431--€12,129-€1.5m▼ 11,916%
Transfer from deferred taxes780€8,622€8,622-€17,290€8,622▼ 50.1%
Profit (loss) for the period9904-€8,442€191-€5,161-€1.4m▼ 28,171%
Transfer from tax-exempt reserves789€16,745€16,745-€33,490€16,745▼ 50.0%
Profit (loss) for the period to be appropriated9905€8,303€16,936-€38,651-€1.4m▼ 3,805%
Line20202021202220232024Change
Assets
Total assets20/58€1.8m€1.7m€1.7m€1.7m€270,117▼ 84.4%
Fixed assets21/28€1.8m€1.7m€1.7m€1.7m€270,117▼ 84.4%
Tangible fixed assets22/27€318,633€306,504€306,504€294,375€270,117▼ 8.2%
Land and buildings22€318,633€306,504€306,504€294,375€270,117▼ 8.2%
Financial fixed assets28€1.4m€1.4m€1.4m€1.4m--
Current assets29/58€4,745€8,465€8,465---
Cash at bank and in hand54/58€4,745€8,465€8,465---
Equity and liabilities
Total equity and liabilities10/49€1.8m€1.7m€1.7m€1.7m€270,117▼ 84.4%
Equity10/15€710,329€710,520€710,520€715,681-€733,080▼ 202%
Contributions10/11€18,592€18,592€18,592€18,592€18,592=
Reserves13€758,739€741,993€741,993€708,503€691,758▼ 2.4%
Non-distributable reserves130/1€1,859€1,859€1,859€1,859€1,859=
Reserves not available under the articles1311-€1,859€1,859€1,859€1,859=
Other1319€1,859-----
Tax-exempt reserves132€168,387€151,642€151,642€118,151€101,406▼ 14.2%
Distributable reserves133€588,493€588,493€588,493€588,493€588,493=
Profit (loss) carried forward14-€67,002-€50,065-€50,065-€11,414-€1.4m▼ 12,546%
Provisions and deferred taxes16€86,706€78,084€78,084€60,794€52,171▼ 14.2%
Deferred taxes168€86,706€78,084€78,084€60,794€52,171▼ 14.2%
Amounts payable17/49€959,468€959,491€959,491€951,026€951,026=
Amounts payable within one year42/48€959,468€959,491€959,491€951,026€951,026=
Other amounts payable47/48€959,468€959,491€959,491€951,026€951,026=
Line20202021202220232024Change
Profit (loss) for the period9904-€8,442€191-€5,161-€1.4m▼ 28,171%
+ Depreciation and write-downs630€12,129€12,129-€12,129€24,258▲ 100.0%
Operating cash flow (approximation)€3,687€12,320-€17,290-€1.4m▼ 8,339%
Investment in fixed assets (approximation)-€0€0€0€1.4m-
Change in cash-€3,720€0---

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

2025
12-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 134 days late
18-06
Bankruptcy Opening
Ondernemingsrechtbank Brussel · event 10-06-2025
2024
31-12
Financial Weakest financial yearnet -€1.4m
Net result drops to -€1.4m, the lowest in the series.
09-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
09-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 344 days late
2023
31-12
Financial Highest result since 2018net €5,161 ▲2,601%
Net result €5,161, the highest in the series.
2022
10-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
10-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 344 days late
2021
31-12
Financial Back to profitnet €191
Net result €191 after 3 loss-making years.
2020
10-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 10 days late
2019
25-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 5 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
10-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 10 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not 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
1 act for this company is 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, Ukkel · 2 establishment units since 1983
seat establishment All 2 establishment units on the map
Ground area
8,598 m²
Building footprint
580 m²
Volume, LiDAR
9,800 m³
2 parcels, Brussels, Wallonia · tallest building 30.1 m, ±9 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
2 establishment units
Groene Jagerslaan 64, 1180 Ukkel
NACE 52720
since 19832.022.710.415
MEGA'M SELECT CREDIT
Rue Charles Dupret 1/5, 6000 CharleroiNACE 6523601
since 19942.022.710.514
2 parcels
Wallonia 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
21612C0294/00Y018 Brussels 8,106 m² 1 · 344 m² 15.4 m · 3 fl.
52011D0120/00K000 Wallonia 492 m² 1 · 236 m² 30.1 m · 9 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 Jos MOMBAERS
LAKENSESTRAAT 154 B11, 1000 BRUSSEL 1
10-06-2025 → present

Structure & network

Owners and holdings

2 holdings

Owners 0

The accounts to 31-12-2024 list no shareholders, and no other source names one.

Holdings 2

According to the 2024 annual accounts of MEGA M and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded27-06-1983
Fiscal year end31-12
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.