MIS-CO
BankruptcySummary
The KBO register records for MIS-CO the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2021 annual accounts show equity of €72,637 and a net result of €19,872.
Are you a creditor?
Open bankruptcy
Source: KBO register
The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.
The procedure
The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.
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 ↗
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General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Two 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 31-12-2021 was due by 31-07-2022 and was filed on 31-08-2022, 31 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
31 d late
2020
39 d late
2019
152 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 74 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?List enrichment How is the Public relations and communication consultancy sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, micro schema
Equity
€72,637▲ 37.7%
2020 · €52,765
Total assets
€137,363▲ 55.0%
2020 · €88,645
Net result
€19,872▼ 45.7%
2020 · €36,627
Working capital
€75,313▲ 39.5%
2020 · €53,977
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201920202021
Operating result€12,429-€53,135▲ 328%€23,089▼ 56.5%
Net result€8,138-€36,627above the sector's middle half▲ 350%€19,872within the sector's middle half▼ 45.7%
Equity€16,138-€52,765within the sector's middle half▲ 227%€72,637within the sector's middle half▲ 37.7%
Total assets€24,094-€88,645within the sector's middle half▲ 268%€137,363within the sector's middle half▲ 55.0%
Debt€7,956-€35,880▲ 351%€64,726▲ 80.4%
Working capital€15,335-€53,977within the sector's middle half▲ 252%€75,313within the sector's middle half▲ 39.5%
Solvency67.0%-59.5%within the sector's middle half▼ 7.5pp52.9%within the sector's middle half▼ 6.6pp
Current ratio2.93-2.58within the sector's middle half▼ 0.352.22within the sector's middle half▼ 0.35
Return on assets (ROA)33.8%-41.3%above the sector's middle half▲ 7.5pp14.5%within the sector's middle half▼ 26.9pp
above
within
below
the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2021; 2021 is 57% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €137,363
Fixed assets
€565 ▲ 38.6%
Current assets
€136,798 ▲ 55.0%
Equity and liabilities €137,363
Equity
€72,637 ▲ 37.7%
Debt
€64,726 ▲ 80.4%
Debt's share of the balance-sheet total rises from 40.5% to 47.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€23,496▼
2020 · €53,531
Cash flow
€20,280▼
2020 · €37,022
Debt to equity
0.89
ROE
27.4%▼
2020 · 69.4%
Interest coverage
255.84
Debt ≤ 1 year
€61,486▲
2020 · €34,260
Income taxes
€8,674▼
2020 · €18,023
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €395 | €395 | €407 | ▲ 3.0% |
| Other operating charges640/8 | - | - | €355 | - |
| Gross operating margin9900 | €13,171 | €53,878 | €23,851 | ▼ 55.7% |
| Operating profit (loss)9901 | €12,429 | €53,135 | €23,089 | ▼ 56.5% |
| Financial income75/76B | - | - | €5,550 | - |
| Recurring financial income75 | €590 | €4,306 | €5,550 | ▲ 28.9% |
| Financial charges65/66B | - | - | €92 | - |
| Recurring financial charges65 | €30 | €2,791 | €92 | ▼ 96.7% |
| Profit (loss) for the period before taxes9903 | €12,989 | €54,650 | €28,547 | ▼ 47.8% |
| Income taxes67/77 | €4,852 | €18,023 | €8,674 | ▼ 51.9% |
| Profit (loss) for the period9904 | €8,138 | €36,627 | €19,872 | ▼ 45.7% |
| Profit (loss) for the period to be appropriated9905 | €8,138 | €36,627 | €19,872 | ▼ 45.7% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €24,094 | €88,645 | €137,363 | ▲ 55.0% |
| Fixed assets21/28 | €803 | €407 | €565 | ▲ 38.6% |
| Tangible fixed assets22/27 | €803 | €407 | €565 | ▲ 38.6% |
| Furniture and vehicles24 | - | - | €565 | - |
| Current assets29/58 | €23,291 | €88,238 | €136,798 | ▲ 55.0% |
| Amounts receivable within one year40/41 | €20,156 | €86,884 | €136,686 | ▲ 57.3% |
| Trade receivables40 | - | - | €34,500 | - |
| Other amounts receivable41 | - | - | €102,186 | - |
| Cash at bank and in hand54/58 | €3,135 | €1,271 | €29 | ▼ 97.7% |
| Deferred charges and accrued income490/1 | - | - | €84 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €24,094 | €88,645 | €137,363 | ▲ 55.0% |
| Equity10/15 | €16,138 | €52,765 | €72,637 | ▲ 37.7% |
| Contributions10/11 | €8,000 | - | €8,000 | - |
| Reserves13 | €7,500 | €43,500 | €62,500 | ▲ 43.7% |
| Distributable reserves133 | - | - | €62,500 | - |
| Profit (loss) carried forward14 | €638 | €1,265 | €2,137 | ▲ 69.0% |
| Amounts payable17/49 | €7,956 | €35,880 | €64,726 | ▲ 80.4% |
| Amounts payable within one year42/48 | €7,956 | €34,260 | €61,486 | ▲ 79.5% |
| Trade debts44 | - | €831 | €31,777 | ▲ 3,722% |
| Suppliers440/4 | - | - | €31,777 | - |
| Taxes, remuneration and social security45 | - | - | €29,709 | - |
| Taxes450/3 | - | - | €29,709 | - |
| Accrued charges and deferred income492/3 | - | - | €3,240 | - |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,138 | €36,627 | €19,872 | ▼ 45.7% |
| + Depreciation and write-downs630 | €395 | €395 | €407 | ▲ 3.0% |
| Operating cash flow (approximation) | €8,533 | €37,022 | €20,280 | ▼ 45.2% |
| Investment in fixed assets (approximation) | - | €0 | -€565 | - |
| Change in cash | - | -€1,864 | -€1,242 | ▲ 33.3% |
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
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
08-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 39 days late
2020
31-12
Financial
Highest result since 2019net €36,627 ▲350%
Operating result €53,135, net result €36,627, both a record.
30-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 152 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
Registered office, Liège · 1 establishment unit since 2019
Ground area
3.0 ha
Building footprint
459 m²
Volume, LiDAR
850 m³
2 parcels, Wallonia · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MIS-CO
since 20192.290.169.703
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62023B0133/00D002 | Wallonia | 2.8 ha | 1 · 324 m² | - |
| 64061A0619/00V000 | Wallonia | 1,401 m² | 1 · 135 m² | 8.2 m · 2 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.
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Of 13,417 companies in sector 73300 we hold annual accounts for 6,906. 5,602 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-03-2019
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
70200Business and other management consultancy
74120Graphic design and visual communication
82990Other business support services
93299Other amusement and recreation activities
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.