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M.G. FINANCES

In bankruptcy Public limited companyfounded 2000Parc Industriel (W-B) 9, 1440 Braine-le-ChâteauKBO/BCE: BE 0472.140.768 subsidiary of MISOHAMA
Part of the group MISOHAMA 10 companies in 5 countries
See the group

Information for creditors

Enterprise Court of Walloon Brabant · Official Gazette of 31-05-2024
Appeal or third-party opposition 15-06-2024Filing the claim in RegSol 26-06-2024First verification report 09-07-2024Late claim 27-05-2025

Trustee: Marc-Alain Speidel. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

Lifetime

17 annual accounts with figures on one time axis, 23 filings since 2001
peak €16.0m (2023)
€16.0m▲ 10.2%
lowest -€15.6m (2020)
-€31,349▼ €587,637
peak €24.7m (2022)
€24.7m▼ 0.1%
€41.1m▲ 0.4%
peak 50.3 FTE (2023)
50.3 FTE▲ 2.7%
Board9 names since 2016
2 directorsMisohama SA and 1 other
Owners3 names in the annual accounts
Documentsfilings and deeds
31-08-2023on the last day
2023financial year
Loss of €31,3491 director appointed, 1 reappointment 06-12Capital increase · Amendment of the articles 11-08New managing director 27-06New managing director 27-06Cash from €169,849 to €93,723

Key points

from the 2023 annual accounts, the last ones filed

Result

-€31,349 -€31,349
€556,0002022-€31,3002023

From profit to loss in 2023, after a profit of €556,288 in 2022.

Payment terms

121 days to suppliers
Suppliers
114 to 121
Customers
190 to 106

M.G. FINANCES pays its suppliers 7 days later than in 2022. Customers pay 84 days earlier.

Filings

23 annual accounts 30 filings since 2001
deadline20102020

Five of the last ten came late. The 2020 accounts came latest: 366 days after the end of the period.

No score

Board and ownership

MS
Managing director, Jacques Hayez
E
Managing director, Geoffrey Baudts
PS
Prospheres SAS
Managing director, Gil GUIBERT
ER
Auditor, Carlo-Sébastien D'Addario
  • MISOHAMA 100%equity €20.7m (2023) · annual accounts 31-01-2023

Shares in 7 companies, including CASSIS and CP RETAIL

Board & ownership

Recent changes

Supervising judge replaced Enterprise Court of Walloon Brabant · judgment of 22-07-2026 · Bankruptcy
Bankruptcy published Enterprise Court of Walloon Brabant · judgment of 27-05-2024 · Bankruptcy
Amendment of the articles General meeting of 10-12-2024 · Gazette deed
1 director appointed, 1 reappointment Reappointment: Misohama SA (managing director) · Permanent representative: Jacques Hayez · Appointment: EY Réviseurs d'Entreprises SRL (company auditor) · General meeting of 31-08-2023 · Gazette deed
All 50 events

Official details

Source: KBO
Status
In bankruptcydeclared bankrupt on 27-05-2024
Activity
Business and other management consultancyNACE 70200and 2 others
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 31-01-2023
Establishment unit
2.100.912.7061440 Braine-le-Château, since 04-08-2000
Financial year end
31 January
Peppol
Not found in the Peppol Directory
Company details

Annual accounts to 31-01-2023

€65.7m▲ 0.2%
Employeeson 31-01-2023
51▼ 7.3%
Filing
Filed on 31-08-2023
Financials

Companies linked to M.G. FINANCES

Subsidiaries and holdings

Insights on M.G. FINANCES

On 27 May 2024 the court declared M.G. FINANCES bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about M.G. FINANCES

What is the company number of M.G. FINANCES?
The company number of M.G. FINANCES is 0472.140.768. The VAT number is the same number with BE in front: BE 0472.140.768.
Where was M.G. FINANCES based?
The last known address of the registered office is Parc Industriel (W-B) 9, 1440 Braine-le-Château.Company details
What does M.G. FINANCES do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of M.G. FINANCES?
M.G. FINANCES is a public limited company (NV).
When was M.G. FINANCES founded?
M.G. FINANCES was founded on 19-06-2000.
Is M.G. FINANCES still active?
A bankruptcy is running. A bankruptcy trustee manages the company.
How many employees did M.G. FINANCES have?
M.G. FINANCES had an average of 50.3 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
Which joint committee does M.G. FINANCES fall under?
In its 31-01-2023 annual accounts, M.G. FINANCES states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of M.G. FINANCES?
The turnover of M.G. FINANCES was €16.0m in financial year 2023, according to the filed annual accounts.
Is M.G. FINANCES profitable?
In financial year 2023, M.G. FINANCES made a loss of €31,349.
Where can I find the annual accounts of M.G. FINANCES?
M.G. FINANCES filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2023.

Next steps

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