MINUCH
BankruptcyOverview
Overview
Official details
Source: KBO- Status
- Open bankruptcy founded on 24-09-2008
- Activity
- Retail trade NACE 47230and 1 other
- Establishment unit
- 2.173.572.040 1780 Wemmel, since 15-11-2008
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
No score
Annual accounts 2016
- Gross margin
- €31,996
- ▲ 29.3%
- Turnover
- ≈ €310,000
- estimated
- Profit
- €18,327
- Equity
- -€83,694
- ▲ 18.0%
- Total assets
- €116,685
- ▲ 0.8%
Financials
Financials · financial year 2016, abbreviated format
Annual accounts 2016 filed on 14-07-2017 PDF all 8 filings
Turnover
€650,317
EBIT margin
-11.7%
Net result
€18,327
2015 · -€48,084
Working capital
-€85,794▲ 10.3%
2015 · -€95,614
Multi-year overview
2012 to 2016, 5 financial yearsTurnover
no figure
2016
20122016
Operating result
€23,314
2016
20122016
Net result
€18,327
2016
20122016
EBIT margin
no figure
2016
20122016
Equity
-€83,694
▲ 18.0%
2016
20122016
Total assets
€116,685
▲ 0.8%
2016
20122016
Debt
€200,379
▼ 8.0%
2016
20122016
Working capital
-€85,794
▲ 10.3%
2016
20122016
Staff (FTE)
no figure
2016
20122016
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20122013201420152016
Turnover€650,317
Operating result-€27,912--€76,227▼ 173%€16,361-€45,801€23,314
Net result-€34,737--€83,075▼ 139%€12,328-€48,084€18,327
EBIT margin-11.7%
Equity€16,810--€66,265-€53,937▲ 18.6%-€102,021▼ 89.1%-€83,694▲ 18.0%
Total assets€169,721-€134,033▼ 21.0%€93,898▼ 29.9%€115,727▲ 23.2%€116,685▲ 0.8%
Debt€152,911-€200,298▲ 31.0%€147,835▼ 26.2%€217,748▲ 47.3%€200,379▼ 8.0%
Working capital-€6,757--€82,538▼ 1,122%-€62,852▲ 23.9%-€95,614▼ 52.1%-€85,794▲ 10.3%
Staff (FTE)1.6-1.5▼ 6.3%1.6▲ 6.7%1.2▼ 25.0%
The operating result for 2016 is a profit of €23,314, after a loss of €45,801 in 2015. It is the highest result since 2012.
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Assets €116,685
Fixed assets
€2,100 ▼ 68.7%
Current assets
€114,585 ▲ 5.1%
Equity and liabilities
Equity-€83,694
Debt€200,379
Equity is negative. Debt (€200,379) exceeds the balance-sheet total (€116,685).
Key figures and ratios
EBITDA
€30,028▲
2015 · -€34,114
Cash flow
€25,040▲
2015 · -€36,397
Solvency
-71.7%▲
2015 · -88.2%
Current ratio
0.57▲
2015 · 0.53
Quick ratio
0.47▲
2015 · 0.35
ROA
15.7%▲
2015 · -41.5%
Debt ≤ 1 year
€200,379▼
2015 · €204,628
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €650,317 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,924 | €15,119 | €8,525 | €11,687 | €6,713 | ▼ 42.6% |
| Gross operating margin9900 | €45,546 | €7,035 | €88,407 | €24,753 | €31,996 | ▲ 29.3% |
| Operating profit (loss)9901 | -€27,912 | -€76,227 | €16,361 | -€45,801 | €23,314 | - |
| Recurring financial income75 | €2 | - | €96 | €377 | €8 | ▼ 97.9% |
| Recurring financial charges65 | €4,592 | €6,848 | €4,129 | €7,058 | €4,995 | ▼ 29.2% |
| Profit (loss) for the period before taxes9903 | -€32,502 | -€83,075 | €12,328 | -€48,084 | €18,327 | - |
| Income taxes67/77 | €2,235 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€34,737 | -€83,075 | €12,328 | -€48,084 | €18,327 | - |
| Profit (loss) for the period to be appropriated9905 | -€34,737 | -€83,075 | €12,328 | -€48,084 | €18,327 | - |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €169,721 | €134,033 | €93,898 | €115,727 | €116,685 | ▲ 0.8% |
| Fixed assets21/28 | €31,585 | €17,441 | €8,915 | €6,713 | €2,100 | ▼ 68.7% |
| Intangible fixed assets21 | €3,000 | - | - | - | - | - |
| Tangible fixed assets22/27 | €28,585 | €17,441 | €8,915 | €6,713 | - | - |
| Financial fixed assets28 | - | - | - | - | €2,100 | - |
| Current assets29/58 | €138,136 | €116,593 | €84,983 | €109,014 | €114,585 | ▲ 5.1% |
| Stocks and contracts in progress3 | €8,765 | €7,743 | €15,297 | €38,100 | €20,457 | ▼ 46.3% |
| Amounts receivable within one year40/41 | €45,721 | €90,503 | €68,391 | €58,493 | €77,226 | ▲ 32.0% |
| Cash at bank and in hand54/58 | €83,650 | €18,347 | €636 | €12,420 | €16,530 | ▲ 33.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €169,721 | €134,033 | €93,898 | €115,727 | €116,685 | ▲ 0.8% |
| Equity10/15 | €16,810 | -€66,265 | -€53,937 | -€102,021 | -€83,694 | ▲ 18.0% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€3,650 | -€86,725 | -€74,397 | -€122,481 | -€104,154 | ▲ 15.0% |
| Amounts payable17/49 | €152,911 | €200,298 | €147,835 | €217,748 | €200,379 | ▼ 8.0% |
| Amounts payable after more than one year17 | €8,018 | €1,167 | - | - | - | - |
| Amounts payable within one year42/48 | €144,893 | €199,131 | €147,835 | €204,628 | €200,379 | ▼ 2.1% |
| Trade debts44 | €76,585 | €142,602 | €96,332 | €144,197 | €140,598 | ▼ 2.5% |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€34,737 | -€83,075 | €12,328 | -€48,084 | €18,327 | - |
| + Depreciation and write-downs630 | €14,924 | €15,119 | €8,525 | €11,687 | €6,713 | ▼ 42.6% |
| Operating cash flow (approximation) | -€19,812 | -€67,956 | €20,853 | -€36,397 | €25,040 | - |
| Investment in fixed assets (approximation) | - | -€975 | €1 | -€9,485 | -€2,100 | ▲ 77.9% |
| Change in cash | - | -€65,303 | -€17,711 | €11,784 | €4,110 | ▼ 65.1% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2016 | abbreviated format | 14-07-2017 | 2017-31300253 | |
| 31-12-2015 | abbreviated format | 14-07-2016 | 2016-31100511 | |
| 31-12-2014 | abbreviated format | 15-10-2015 | 2015-64800505 | |
| 31-12-2013 | abbreviated format | 30-08-2014 | 2014-56000328 | |
| 31-12-2012 | full format | 28-08-2013 | 2013-51200537 | |
| 31-12-2011 | full format | 08-07-2012 | 2012-28000165 | |
| 31-12-2010 | full format | 30-06-2011 | 2011-24700133 | |
| 31-12-2009 | full format | 25-08-2010 | 2010-45500200 |
Timeline
Deeds, filings and financial milestones
2017
14-07
abbreviated format · 17 days before the deadline
2016
31-12
Financial
Back to profitnet €18,327
The net result is €18,327, after one loss-making year.
14-07
abbreviated format · 17 days before the deadline
2015
15-10
abbreviated format · 76 days late
2014
31-12
Financial
Back to profitnet €12,328
The net result is €12,328, after 2 loss-making years.
30-08
abbreviated format · 30 days late
2013
31-12
Financial
Weakest financial yearnet -€83,075
The net result drops to -€83,075, the lowest from 2012 to 2016.
28-08
full format · 28 days late
2012
08-07
full format · 23 days before the deadline
2011
30-06
full format · 31 days before the deadline
2010
25-08
full format · 25 days late
2008
02-10
3 publications in the Belgian Official Gazette, the last on 18-06-2015
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Bankruptcy opened
- Last annual accounts
- financial year to 31 December 2016
- Legal form
- Private limited company (pre-2019)
- Active since
- 24 September 2008
Register details
Identity
Name
MINUCH in French
Enterprise number
0806.547.872
Entity type
Legal entity
Registered office and establishments
Registered office
Steenweg op Brussel 31, 1780 Wemmel, Belgium
Establishment unit
Triton, Steenweg op Brussel 31, 1780 Wemmel since 15-11-2008 · unit number 2.173.572.040
Activities
NACEBEL 202547230
Retail trade main activity
10850
Manufacture of food products
Codes under NACEBEL 2008
47230
Retail trade main activity
10850
Manufacture of food products
Invoicing and payment
VAT number
BE 0806.547.872
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Sites & property
Location
Buildings and parcels at the address
Ground area
248 m²
Building footprint
103 m²
Building volume
851 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 22662B0018/00T000 | Flanders | 248 m² | 1 · 103 m² | 14.2 m · 3 |