MFT BELGIUM
Open bankruptcySummary
A bankruptcy procedure is open for MFT BELGIUM according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (€-185k) and a net result of €-66k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 07-10-2024, 68 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
68 d late
2022
148 d late
2021
31 d late
2020
26 d late
2019
52 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-66k▲ 46.4%
2022 · €-123k
2018: €-11k
2019: €20k
2020: €13k
2021: €-23k
2022: €-123k
2018 → 2023
Working capital
€29k▼ 15.3%
2022 · €35k
2018: €-63k
2019: €-45k
2020: €-22k
2021: €77k
2022: €35k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€13k-€26k▲ 102%€3k▼ 87.3%€-119k€-185k▼ 55.1%
Operating result€21k-€14k▼ 33.5%€-48k€-118k▼ 145%€-85k▲ 27.8%
Net result€20k-€13k▼ 32.2%€-23k€-123k▼ 430%€-66k▲ 46.4%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €85k in 2023 against €118k in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €526k
Fixed assets
€338k ▼ 21.5%
Current assets
€188k ▲ 9.8%
Key figures and ratios
EBITDA
€-20k▲
2022 · €-53k
Cash flow
€8▲
2022 · €-58k
Solvency
-35.1%▼
2022 · -19.8%
Current ratio
1.18▼
2022 · 1.25
Debt to equity
-3.85▲
2022 · -6.05
ROA
-12.5%▲
2022 · -20.4%
Interest coverage
-2.47▲
2022 · -7.72
Debt
€711k▼
2022 · €721k
Debt ≤ 1 year
€159k▲
2022 · €137k
Debt > 1 year
€552k▼
2022 · €581k
Staff costs
€58k▼
2022 · €89k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 49 lines
Balance sheet
Code20222023
Assets
Total assets20/58€602k€526k▼
Fixed assets21/28€430k€338k▼
Intangible fixed assets21€44k€49k▲
Tangible fixed assets22/27€319k€221k▼
Plant, machinery and equipment23€89k€57k▼
Furniture and vehicles24€79k€44k▼
Leasing and similar rights25€73k€53k▼
Other tangible fixed assets26€77k€68k▼
Financial fixed assets28€68k€68k=
Current assets29/58€172k€188k▲
Amounts receivable within one year40/41€153k€167k▲
Trade receivables40€51k€85k▲
Other amounts receivable41€102k€82k▼
Cash at bank and in hand54/58€17k€19k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€602k€526k▼
Equity10/15€-119k€-185k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-138k€-203k▼
Amounts payable17/49€721k€711k▼
Amounts payable after more than one year17€581k€552k▼
Financial debts170/4€57k€36k▼
Other amounts payable178/9€524k€516k▼
Amounts payable within one year42/48€137k€159k▲
Current portion of amounts payable after more than one year42€20k€21k▲
Trade debts44€39k€56k▲
Suppliers440/4€39k€56k▲
Taxes, remuneration and social security45€8k€49k▲
Taxes450/3€3k€18k▲
Remuneration and social security454/9€6k€31k▲
Other amounts payable47/48€71k€33k▼
Accrued charges and deferred income492/3€3k-
Income statement
Code20222023
Non-recurring operating income76A€372-
Remuneration, social security and pensions62€89k€58k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€65k€66k▲
Other operating charges640/8€1k€5k▲
Non-recurring operating charges66A€63-
Gross operating margin9900€37k€43k▲
Operating profit (loss)9901€-118k€-85k▲
Financial income75/76B€3k€28k▲
Recurring financial income75€3k€28k▲
Non-recurring financial income76B-€28k
Financial charges65/66B€7k€8k▲
Recurring financial charges65€7k€8k▲
Profit (loss) for the period before taxes9903€-123k€-66k▲
Profit (loss) for the period9904€-123k€-66k▲
Profit (loss) for the period to be appropriated9905€-123k€-66k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-138k€-203k▼
Profit (loss) brought forward from the previous period14P€-15k€-138k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
12-08
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · MFT BELGIUM BV EXCELSIOR- LAAN 31, 1930 ZAVENTEM · event 05-08-2025
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
08-02
Bankruptcy
Bankruptcy reversal
Tribunal de l’entreprise du Hainaut, division Charleroi · NEW DIXMUDE SPRL PLACE DU MANEGE 6, 6000 CHARLEROI. déclarée le 11 décembre 2023 · event 05-02-2024
2023
26-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 148 days late
19-12
Bankruptcy
Opening
Tribunal de l’entreprise du Hainaut, division Charleroi · NEW DIXMUDE SPRL PLACE DU MANEGE 6, 6000 CHARLEROI · event 11-12-2023
2022
31-12
Financial
Weakest financial yearnet €-123k
Net result drops to €-123k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 1.69
Current ratio from 0.72 to 1.69.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
21-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 52 days late
2019
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
08-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 100 days late
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Zaventem · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Excelsiorlaan 311930 ZaventemGround area
2,012 m²
Building footprint
803 m²
Volume, LiDAR
7,443 m³
2 parcels, Flanders, Wallonia · tallest building 15.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
HFC Belgium
since 20172.265.314.442
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0045/00P003 | Flanders | 1,858 m² | 1 · 596 m² | 13.3 m · 3 fl. |
| 52011B0240/03A000 | Wallonia | 154 m² | 1 · 207 m² | 15.2 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | JACQUES ARNAUTS-SMEETS KUNSTLAAN 24 BUS 9,
1000 BRUSSEL 1 |
05-08-2025 → present |
| Curator | KARL DE RIDDER RUE DU PARC,49, 6000 CHAR-
LEROI- .
Date provisoire de cessation de paiement : 11/12/2023 |
11-12-2023 → 05-02-2024 |
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Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 4,219 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-04-2017
Fiscal year end31-12
Legal name FR
NEW DIXMUDE
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.