MIEU
Open bankruptcyA bankruptcy procedure is open for MIEU according to publications in the Belgian State Gazette; curator: EMILIE MICHEL.
Summary
The 2023 annual accounts show negative equity (€-58k) and a net result of €-51k.
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
- French-language Enterprise Court of Brussels
- Declared bankrupt
- 26 May 2025
- Supervising judge
- Geoffroy Dumont De Chassart
- Official Gazette
- 03-06-2025 (pdf) ↗search the document for 2025/123444
Curator
- Emilie MichelAvenue De Fre 229, 1180 02 Uccleemilie.michel@kairos.law
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- 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.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
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. Full guide for creditors
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 28-08-2024, 28 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
28 d late
2022
38 d late
2021
8 d late
2020
16 d early
2019
30 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Financials · fiscal year 2023, micro schema
Equity
€-58k▼ 795%
2022 · €-6k
Total assets
€103k▼ 31.4%
2022 · €150k
Net result
€-51k
2022 · €5k
Working capital
€-53k▼ 159%
2022 · €-20k
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
Line20192020202120222023
Operating result€-12k▲ 65.1%€52k€27k▼ 47.8%€14k▼ 47.8%€-46k
Net result€-15k▲ 64.2%€47k€21k▼ 54.2%€5k▼ 77.5%€-51k
Equity€-79k▼ 23.9%€-33k▲ 58.8%€-11k▲ 65.4%€-6k▲ 42.7%€-58k▼ 795%
Total assets€62k▼ 3.4%€134k▲ 118%€166k▲ 23.4%€150k▼ 9.3%€103k▼ 31.4%
Debt€141k▲ 10.3%€167k▲ 18.5%€177k▲ 6.1%€157k▼ 11.4%€161k▲ 2.6%
Working capital€-76k▼ 53.8%€-59k▲ 23.1%€-23k▲ 60.0%€-20k▲ 13.4%€-53k▼ 159%
Staff (FTE)23▲ 50.0%1.9▼ 36.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €46k after €14k in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €103k
Fixed assets
€34k ▲ 1.6%
Current assets
€69k ▼ 41.0%
Key figures and ratios
EBITDA
€-35k▼
2022 · €25k
Cash flow
€-40k▼
2022 · €16k
Solvency
-56.1%▼
2022 · -4.3%
Current ratio
0.57▼
2022 · 0.85
Quick ratio
0.28▲
2022 · 0.09
Debt to equity
-2.78▲
2022 · -24.25
ROA
-49.9%▼
2022 · 3.2%
Interest coverage
-6.42▼
2022 · 2.72
Debt ≤ 1 year
€121k▼
2022 · €137k
Debt > 1 year
€40k▲
2022 · €20k
Income taxes
€135▲
2022 · €126
Staff costs
€54k▼
2022 · €55k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €41k | €55k | €54k | ▼ 2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €6k | €11k | €11k | €12k | ▲ 4.7% |
| Other operating charges640/8 | - | - | €667 | €686 | €418 | ▼ 39.0% |
| Gross operating margin9900 | €3k | €86k | €80k | €81k | €20k | ▼ 75.9% |
| Operating profit (loss)9901 | €-12k | €52k | €27k | €14k | €-46k | ▼ 428% |
| Financial income75/76B | - | - | €53 | €125 | €474 | ▲ 278% |
| Recurring financial income75 | €860 | €230 | €53 | €125 | €474 | ▲ 278% |
| Financial charges65/66B | - | - | €6k | €9k | €5k | ▼ 42.1% |
| Recurring financial charges65 | €4k | €5k | €6k | €9k | €5k | ▼ 42.1% |
| Profit (loss) for the period before taxes9903 | €-15k | €47k | €21k | €5k | €-51k | ▼ 1,138% |
| Income taxes67/77 | €128 | €200 | €147 | €126 | €135 | ▲ 7.0% |
| Profit (loss) for the period9904 | €-15k | €47k | €21k | €5k | €-51k | ▼ 1,168% |
| Profit (loss) for the period to be appropriated9905 | €-15k | €47k | €21k | €5k | €-51k | ▼ 1,168% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €62k | €134k | €166k | €150k | €103k | ▼ 31.4% |
| Fixed assets21/28 | €18k | €42k | €43k | €34k | €34k | ▲ 1.6% |
| Intangible fixed assets21 | €4k | €9k | €7k | €6k | €3k | ▼ 51.8% |
| Tangible fixed assets22/27 | €13k | €32k | €35k | €27k | €30k | ▲ 12.9% |
| Furniture and vehicles24 | - | - | - | - | €1k | - |
| Other tangible fixed assets26 | - | - | €14k | €12k | €10k | ▼ 16.2% |
| Assets under construction and advance payments27 | - | - | €21k | €15k | €19k | ▲ 28.3% |
| Financial fixed assets28 | €400 | €796 | €1k | €796 | €1k | ▲ 49.7% |
| Current assets29/58 | €44k | €93k | €123k | €116k | €69k | ▼ 41.0% |
| Stocks and contracts in progress3 | €39k | €54k | €65k | €105k | €35k | ▼ 66.4% |
| Stocks30/36 | - | - | €65k | €105k | €35k | ▼ 66.4% |
| Amounts receivable within one year40/41 | €3k | €6k | €29k | - | €27k | - |
| Trade receivables40 | - | - | €29k | - | €26k | - |
| Other amounts receivable41 | - | - | - | - | €925 | - |
| Cash at bank and in hand54/58 | - | €33k | €29k | €12k | €6k | ▼ 47.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €62k | €134k | €166k | €150k | €103k | ▼ 31.4% |
| Equity10/15 | €-79k | €-33k | €-11k | €-6k | €-58k | ▼ 795% |
| Contributions10/11 | €15k | €15k | €15k | €15k | €15k | = |
| Profit (loss) carried forward14 | €-94k | €-48k | €-26k | €-21k | €-73k | ▼ 240% |
| Amounts payable17/49 | €141k | €167k | €177k | €157k | €161k | ▲ 2.6% |
| Amounts payable after more than one year17 | €21k | €14k | €31k | €20k | €40k | ▲ 98.3% |
| Financial debts170/4 | - | - | €31k | €20k | €40k | ▲ 98.3% |
| Amounts payable within one year42/48 | €120k | €151k | €146k | €137k | €121k | ▼ 11.3% |
| Current portion of amounts payable after more than one year42 | - | - | €17k | €12k | €13k | ▲ 9.4% |
| Trade debts44 | €7k | €44k | €38k | €25k | €20k | ▼ 21.8% |
| Suppliers440/4 | - | - | €38k | €25k | €20k | ▼ 21.8% |
| Advances received on contracts in progress46 | - | - | €11k | - | €13k | - |
| Taxes, remuneration and social security45 | - | - | €27k | €36k | €36k | ▲ 0.2% |
| Taxes450/3 | - | - | €19k | €26k | €23k | ▼ 8.8% |
| Remuneration and social security454/9 | - | - | €8k | €10k | €12k | ▲ 23.0% |
| Other amounts payable47/48 | - | - | €54k | €64k | €39k | ▼ 37.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-15k | €47k | €21k | €5k | €-51k | ▼ 1,168% |
| + Depreciation and write-downs630 | €6k | €6k | €11k | €11k | €12k | ▲ 4.7% |
| Operating cash flow (approximation) | €-10k | €53k | €33k | €16k | €-40k | ▼ 348% |
| Investment in fixed assets (approximation) | - | €-30k | €-13k | €-2k | €-12k | ▼ 600% |
| Change in cash | - | - | €-4k | €-17k | €-5k | ▲ 67.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2025
03-06
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 26-05-2025
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Weakest financial yearnet €-51k
Net result drops to €-51k, the lowest in the series.
07-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 38 days late
2022
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €47k
Net result €47k after 2 loss-making years.
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
21-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 143 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Schaarbeek · 2 establishment units since 2016
Ground area
871 m²
Building footprint
175 m²
Volume, LiDAR
2,326 m³
2 parcels, Brussels · tallest building 19.1 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
2 establishment units
MIEU
since 20162.258.242.746
MIEU
since 20182.273.735.626
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21911C0004/00N002 | Brussels | 725 m² | 1 · 77 m² | 14.3 m · 4 fl. |
| 21383B0077/00G005 | Brussels | 146 m² | 1 · 98 m² | 19.1 m · 5 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 | EMILIE MICHEL AVENUE DE FRE 229, 1180 02 UCCLE- |
26-05-2025 → present |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 2,606 companies in sector 47551 we hold annual accounts for 1,716. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-11-2016
Fiscal year end31-12
Activities, NACEBEL 2025
47551Retail sale of household furniture
47553Retail trade
47559Retail sale of other household articles
82300Organisation of conventions and trade shows
Scores and ratios are computed by Checked and are not a credit decision.