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MEI

Open bankruptcy
Private limited company (pre-2019)founded 2017Simon De Heuvellaan 6, 2110 Wijnegem, BelgiumKBO/BCE: BE 0676.409.011

A bankruptcy procedure is open for MEI according to publications in the Belgian State Gazette; curator: TOM DEGEETER.

Summary

The 2021 annual accounts show negative equity (-€91,459) and a net result of -€204,088.

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 Antwerp, Antwerp division
Declared bankrupt
1 February 2024
Supervising judge
Peter De Laet
Official Gazette
07-02-2024 (pdf) ↗search the document for 2024/104610

Deadlines

Provisional date payments stopped
1 February 2024A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 22 February 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 2 March 2024art. XX.104 and XX.155 CEL
First verification report
passed on 29 March 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 1 February 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Tom DegeeterBouwensstraat 21, 2140 Borger- Hout (Antwerpen)tom.degeeter@tillid.be

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

Two signals.
+raises risk
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 30 May 2017, MEI was incorporated.1 Total assets went from EUR 2.3 million in 2018 to EUR 47,039 in 2021.2 The company was declared bankrupt on 1 February 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021
  3. 3Belgian State Gazette, 07-02-2024

Go further with this company

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

Financials · fiscal year 2021, abbreviated schema

Equity
-€91,459
2020 · €112,630
Total assets
€47,039▼ 95.5%
2020 · €1.1m
Net result
-€204,088▼ 1,786%
2020 · -€10,821
Working capital
-€91,459
2020 · €114,067
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, 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
Line2018201920202021
Operating result-€13,423--€15,638▼ 16.5%€64,989-€180,547
Net result-€29,965--€46,584▼ 55.5%-€10,821below the sector's middle half▲ 76.8%-€204,088below the sector's middle half▼ 1,786%
Equity€170,035-€123,451▼ 27.4%€112,630within the sector's middle half▼ 8.8%-€91,459below the sector's middle half
Total assets€2.3m-€1.5m▼ 34.7%€1.1mwithin the sector's middle half▼ 29.0%€47,039below the sector's middle half▼ 95.5%
Debt€2.1m-€1.4m▼ 35.3%€943,360▼ 30.8%€138,497▼ 85.3%
Working capital€170,035-€123,451▼ 27.4%€114,067within the sector's middle half▼ 7.6%-€91,459within the sector's middle half
Solvency7.5%-8.3%▲ 0.8pp10.7%within the sector's middle half▲ 2.4pp-194.4%below the sector's middle half▼ 205.1pp
Current ratio1.08-1.09▲ 0.011.12within the sector's middle half▲ 0.030.34below the sector's middle half▼ 0.78
Return on assets (ROA)-1.3%--3.1%▼ 1.8pp-1.0%below the sector's middle half▲ 2.1pp-433.9%below the sector's middle half▼ 432.8pp
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€300,000-€200,000-€100,000€0€100,000Operating result 2018: -€13,423-€13,423Net result 2018: -€29,965-€29,965Operating result 2019: -€15,638-€15,638Net result 2019: -€46,584-€46,584Operating result 2020: €64,989€64,989Net result 2020: -€10,821-€10,821Operating result 2021: -€180,547-€180,547Net result 2021: -€204,088-€204,0882018201920202021-€300,000-€200,000-€100,000€0€100,000Operating result 2019: -€15,638-€15,600Net result 2019: -€46,584-€46,600Operating result 2020: €64,989€65,000Net result 2020: -€10,821-€10,800Operating result 2021: -€180,547-€181,000Net result 2021: -€204,088-€204,000201920202021
The operating result turns negative in 2021: a loss of €180,547 after €64,989 in 2020, the lowest result in the available series.
Key figures and ratios
2021 value · change against 2020
Debt to equity
-1.51
Debt ≤ 1 year
€138,497▼
2020 · €941,923
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 · 2021 against 2020 · 26 lines
Balance sheet Code20202021
Assets
Total assets20/58€1.1m€47,039▼
Current assets29/58€1.1m€47,039▼
Stocks and contracts in progress3€846,865-
Amounts receivable within one year40/41€208,500€12,530▼
Other amounts receivable41-€12,530
Cash at bank and in hand54/58€625€14,508▲
Deferred charges and accrued income490/1-€20,000
Equity and liabilities
Total equity and liabilities10/49€1.1m€47,039▼
Equity10/15€112,630-€91,459▼
Contributions10/11-€200,000
Profit (loss) carried forward14-€87,370-€291,459▼
Amounts payable17/49€943,360€138,497▼
Amounts payable within one year42/48€941,923€138,497▼
Trade debts44€84,219€131,863▲
Suppliers440/4-€131,863
Other amounts payable47/48-€6,634
Income statement Code20202021
Other operating charges640/8-€2,779
Gross operating margin9900€65,089-€177,768▼
Operating profit (loss)9901€64,989-€180,547▼
Financial charges65/66B-€23,541
Recurring financial charges65€75,810€23,541▼
Profit (loss) for the period before taxes9903-€10,821-€204,088▼
Profit (loss) for the period9904-€10,821-€204,088▼
Profit (loss) for the period to be appropriated9905-€10,821-€204,088▼
Appropriation of the result
Profit (loss) to be appropriated9906--€291,459
Profit (loss) brought forward from the previous period14P--€87,370

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

Line2018201920202021Change
Other operating charges640/8---€2,779-
Gross operating margin9900-€12,244-€15,540€65,089-€177,768▼ 373%
Operating profit (loss)9901-€13,423-€15,638€64,989-€180,547▼ 378%
Recurring financial income75€1,588€0---
Financial charges65/66B---€23,541-
Recurring financial charges65€18,131€30,946€75,810€23,541▼ 68.9%
Profit (loss) for the period before taxes9903-€29,965-€46,584-€10,821-€204,088▼ 1,786%
Profit (loss) for the period9904-€29,965-€46,584-€10,821-€204,088▼ 1,786%
Profit (loss) for the period to be appropriated9905-€29,965-€46,584-€10,821-€204,088▼ 1,786%
Line2018201920202021Change
Assets
Total assets20/58€2.3m€1.5m€1.1m€47,039▼ 95.5%
Current assets29/58€2.3m€1.5m€1.1m€47,039▼ 95.5%
Stocks and contracts in progress3€2.1m€1.3m€846,865--
Amounts receivable within one year40/41€124,683€132,721€208,500€12,530▼ 94.0%
Other amounts receivable41---€12,530-
Cash at bank and in hand54/58€43,622€73,651€625€14,508▲ 2,221%
Deferred charges and accrued income490/1---€20,000-
Equity and liabilities
Total equity and liabilities10/49€2.3m€1.5m€1.1m€47,039▼ 95.5%
Equity10/15€170,035€123,451€112,630-€91,459▼ 181%
Contributions10/11€200,000€200,000-€200,000-
Profit (loss) carried forward14-€29,965-€76,549-€87,370-€291,459▼ 234%
Amounts payable17/49€2.1m€1.4m€943,360€138,497▼ 85.3%
Amounts payable within one year42/48€2.1m€1.4m€941,923€138,497▼ 85.3%
Trade debts44€94,479€110,139€84,219€131,863▲ 56.6%
Suppliers440/4---€131,863-
Other amounts payable47/48---€6,634-
Line2018201920202021Change
Profit (loss) for the period9904-€29,965-€46,584-€10,821-€204,088▼ 1,786%
Operating cash flow (approximation)-€29,965-€46,584-€10,821-€204,088▼ 1,786%
Change in cash-€30,029-€73,026€13,883▲ 119%

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

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Timeline · acts, filings and financial milestones

2024
07-02
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 01-02-2024
2022
27-12
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 149 days late
2021
31-12
Financial Weakest financial yearnet -€204,088
Net result drops to -€204,088, the lowest in the series.
31-12
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 153 days late
2020
06-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 67 days late
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Wijnegem · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
5,072 m²
Building footprint
2,827 m²
Volume, LiDAR
880 m³
2 parcels, Flanders · tallest building 16.4 m, ±4 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
MEI
Real estate development
since 20172.276.684.723
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11050A0153/00C000 Flanders 4,995 m² 1 · 2,750 m² 0.0 m
11804D3477/00L002 Flanders 77 m² 1 · 77 m² 16.4 m · 4 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 TOM DEGEETER
BOUWENSSTRAAT 21, 2140 BORGER- HOUT (ANTWERPEN)
01-02-2024 → present

Structure & network

Owners and holdings

1 owner

Chain of control

  1. G.H.I. 95%
  2. MEI

Highest known parent: G.H.I.. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts 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.

Similar companies · same sector, comparable size

Of 9,699 companies in sector 68121 we hold annual accounts for 7,394. 5,335 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)
Founded30-05-2017
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
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 28 September 2026 · Peppol Directory

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