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MITHRA PHARMACEUTICALS CDMO

Open bankruptcy
Public limited companyfounded 2013Rue Saint-Georges 5, 4000 Liège, BelgiumKBO/BCE: BE 0534.912.933
Summary

A bankruptcy procedure is open for MITHRA PHARMACEUTICALS CDMO according to publications in the Belgian Official Gazette. The file additionally contains 1 judicial reorganisation. The 2022 annual accounts show negative equity (-€14.6m) and a net result of -€14.6m.

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MITHRA PHARMACEUTICALS CDMOOpen bankruptcy
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Open bankruptcy Source: Belgian Official Gazette

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.

The procedure

Court
Enterprise Court of Liège, Liège division
Declared bankrupt
19 July 2024
Supervising judge
Alexis Palm, Christian De Maeseneire
Official Gazette
25-07-2024 (pdf) ↗search the document for 2024/130636

Deadlines

Appeal or third-party opposition until
passed on 9 August 2024Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until
passed on 18 August 2024art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 29 August 2024Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
Late claim until
passed on 19 July 2025A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustees

  • Yves GodfroidRue Des Augustins 32, 4000 Liege 1yves.godfroid@henry-mersch.be
  • Francois MinonRue Des Augustins 32, 4000 Liege 1- mersch.be

What to do now

  1. The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
  2. Ask the trustee whether anything will still be paid out and whether your claim was admitted.
  3. Follow the file in RegSol: the trustee's reports appear there.
  4. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.

The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.

View the file in RegSol ↗ Follow Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
Manufacture of basic pharmaceutical products and pharmaceutical preparations
NACE 21201
2 sites
Size
€26.7mturnover 2022
Staff
168.7 FTE
Equity
-€14.6m
Loss
-€14.6m
Financial health
Open bankruptcy: no score
Structure
Parent
Mithra Pharmaceuticals · 99%
0 of 17 deeds read
Signalsraises riskOpen bankruptcyneutralLatest accounts filed on timeShow the evidence

Signals

Two signals.
raises riskneutral
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgian Official Gazette. Claims are handled by the appointed trustee. The KBO register also records: open bankruptcy.
Belgian Official Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 24-07-2023, 7 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2022
7 days early
2021
6 days early
2020
8 days early
2019
18 days early
2018
30 days early
2017
1 day early
2016
40 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 16 days before the deadline; the sector median (NACE 21) for financial year 2022 is 13 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Supervising judge replacedEnterprise Court of Liège, Liège…
  2. OpeningEnterprise Court of Liège, Liège…
  3. ExtensionEnterprise Court of Liège ·…

Key points

  • Risk: Declared bankrupttrustee: Yves Godfroid 19-07-2024 View
  • Caution: Result fell in 2022from -€2.1m to -€14.6m ▼ 585% View
  • Controlled by Mithra Pharmaceuticals 99% View

By topic

Financials

Financial year
2022
Turnover
€26.7m
Loss
-€14.6m
Solvency
-16.9%
Turnover▼ 20.7%
Net result
20182022
Go to Financials

Timeline

Events
13
Since
2015
  1. 24-07-2023Annual accounts filed
  2. 31-12-2022Weakest financial year
  3. 25-07-2022Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Manufacture of basic pharmaceutical products and pharmaceutical preparationsNACE 21201
Founded
04-06-2013
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Go further with this company

Who ran this company, and where was it based, on a given date before it ended?Company as of a date Which other companies belong to the same group?Mithra Pharmaceuticals · 5 companies Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the manufacture of basic pharmaceutical products and pharmaceutical preparations sector doing?Sector figures

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