MERT
InactiveMERT was declared bankrupt on 15-02-2022 (Ondernemingsrechtbank Gent, afdeling Gent); the bankruptcy was closed for insufficient assets by judgment of 30-05-2023, published in the Belgian State Gazette on 05-06-2023.
Summary
Inactive; last annual accounts for fiscal year 2018.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2018. Since then, 7 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 2 filingsPosition against the passed deadline
31-12-2019 close31-07-2020 deadline27-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 29-08-2019, 29 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
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 2018, micro schema
Equity
€30,494
Total assets
€217,601
Net result
€25,642
Working capital
€25,459
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €217,601
Fixed assets
€19,309
Current assets
€198,291
Equity and liabilities €217,601
Equity
€30,494
Debt
€187,106
Debt finances 86.0% of the balance-sheet total.
Key figures and ratios
EBITDA
€44,034
Cash flow
€32,623
Current ratio
1.15
Debt to equity
0.47
ROE
84.1%
ROA
11.8%
Debt ≤ 1 year
€172,832
Debt > 1 year
€14,275
Income taxes
€10,190
Annual accounts
| Line | 2018 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,981 |
| Gross operating margin9900 | €44,584 |
| Operating profit (loss)9901 | €37,053 |
| Recurring financial charges65 | €1,221 |
| Profit (loss) for the period before taxes9903 | €35,832 |
| Income taxes67/77 | €10,190 |
| Profit (loss) for the period9904 | €25,642 |
| Profit (loss) for the period to be appropriated9905 | €25,642 |
| Line | 2018 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €217,601 | |
| Fixed assets21/28 | €19,309 | |
| Intangible fixed assets21 | €786 | |
| Tangible fixed assets22/27 | €18,524 | |
| Current assets29/58 | €198,291 | |
| Amounts receivable within one year40/41 | €167,752 | |
| Cash at bank and in hand54/58 | €1 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €217,601 | |
| Equity10/15 | €30,494 | |
| Contributions10/11 | €6,200 | |
| Reserves13 | €25,642 | |
| Profit (loss) carried forward14 | -€1,348 | |
| Amounts payable17/49 | €187,106 | |
| Amounts payable after more than one year17 | €14,275 | |
| Amounts payable within one year42/48 | €172,832 | |
| Trade debts44 | €43,616 | |
| Line | 2018 |
|---|---|
| Profit (loss) for the period9904 | €25,642 |
| + Depreciation and write-downs630 | €6,981 |
| Operating cash flow (approximation) | €32,623 |
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
2023
05-06
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Gent · event 30-05-2023
2022
02-03
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 15-02-2022
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
06-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 371 days late
SignalNBB filing
0 of 3 acts read
About the unread acts
We know of 3 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
3 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 | SERGE VAN EEGHEM ZUIDSTATIONSTRAAT 34-36,
9000 GENT |
15-02-2022 → 30-05-2023 |