MLK-4
InactiveMLK-4 was declared bankrupt on 27-10-2022 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed by liquidation by judgment of 01-10-2024, published in the Belgian State Gazette on 10-10-2024.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline29-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 25-07-2022, 6 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
6 d early
2020
4 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 5 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2021, micro schema
Equity
€153,200▲ 13.9%
2020 · €134,469
Total assets
€280,658▲ 34.3%
2020 · €209,052
Net result
€18,731▼ 85.0%
2020 · €124,469
Working capital
€131,803▲ 7.8%
2020 · €122,286
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
Line20202021
Operating result€169,524-€25,589▼ 84.9%
Net result€124,469-€18,731▼ 85.0%
Equity€134,469-€153,200▲ 13.9%
Total assets€209,052-€280,658▲ 34.3%
Debt€74,583-€127,458▲ 70.9%
Working capital€122,286-€131,803▲ 7.8%
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 85% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €280,658
Fixed assets
€21,397 ▲ 75.6%
Current assets
€259,260 ▲ 31.7%
Equity and liabilities €280,658
Equity
€153,200 ▲ 13.9%
Debt
€127,458 ▲ 70.9%
Debt's share of the balance-sheet total rises from 35.7% to 45.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€27,873▼
2020 · €169,912
Cash flow
€21,015▼
2020 · €124,856
Current ratio
2.03▼
2020 · 2.64
Debt to equity
0.83
ROE
12.2%▼
2020 · 92.6%
ROA
6.7%▼
2020 · 59.5%
Interest coverage
3643.55
Debt ≤ 1 year
€127,458▲
2020 · €74,583
Income taxes
€6,850▼
2020 · €45,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €387 | €2,284 | ▲ 490% |
| Other operating charges640/8 | - | €1,142 | - |
| Gross operating margin9900 | €175,299 | €29,016 | ▼ 83.4% |
| Operating profit (loss)9901 | €169,524 | €25,589 | ▼ 84.9% |
| Financial income75/76B | - | €0 | - |
| Recurring financial income75 | - | €0 | - |
| Financial charges65/66B | - | €8 | - |
| Recurring financial charges65 | €56 | €8 | ▼ 86.2% |
| Profit (loss) for the period before taxes9903 | €169,469 | €25,581 | ▼ 84.9% |
| Income taxes67/77 | €45,000 | €6,850 | ▼ 84.8% |
| Profit (loss) for the period9904 | €124,469 | €18,731 | ▼ 85.0% |
| Profit (loss) for the period to be appropriated9905 | €124,469 | €18,731 | ▼ 85.0% |
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €209,052 | €280,658 | ▲ 34.3% |
| Fixed assets21/28 | €12,182 | €21,397 | ▲ 75.6% |
| Intangible fixed assets21 | €1,445 | €1,141 | ▼ 21.1% |
| Tangible fixed assets22/27 | €10,737 | €10,256 | ▼ 4.5% |
| Plant, machinery and equipment23 | - | €2,753 | - |
| Furniture and vehicles24 | - | €7,503 | - |
| Financial fixed assets28 | - | €10,000 | - |
| Current assets29/58 | €196,870 | €259,260 | ▲ 31.7% |
| Amounts receivable within one year40/41 | €24,582 | €89,273 | ▲ 263% |
| Trade receivables40 | - | €85,428 | - |
| Other amounts receivable41 | - | €3,845 | - |
| Cash at bank and in hand54/58 | €172,287 | €169,987 | ▼ 1.3% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €209,052 | €280,658 | ▲ 34.3% |
| Equity10/15 | €134,469 | €153,200 | ▲ 13.9% |
| Contributions10/11 | - | €10,000 | - |
| Reserves13 | €124,469 | €143,200 | ▲ 15.0% |
| Distributable reserves133 | - | €143,200 | - |
| Amounts payable17/49 | €74,583 | €127,458 | ▲ 70.9% |
| Amounts payable within one year42/48 | €74,583 | €127,458 | ▲ 70.9% |
| Trade debts44 | €17,956 | €38,591 | ▲ 115% |
| Suppliers440/4 | - | €38,591 | - |
| Taxes, remuneration and social security45 | - | €80,616 | - |
| Taxes450/3 | - | €80,616 | - |
| Other amounts payable47/48 | - | €8,251 | - |
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €124,469 | €18,731 | ▼ 85.0% |
| + Depreciation and write-downs630 | €387 | €2,284 | ▲ 490% |
| Operating cash flow (approximation) | €124,856 | €21,015 | ▼ 83.2% |
| Investment in fixed assets (approximation) | - | -€11,499 | - |
| Change in cash | - | -€2,300 | - |
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
2024
10-10
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 01-10-2024
2022
07-11
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 27-10-2022
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150,000Eq €153,200 ▲13.9%
2 profitable years in a row build equity to €153,200.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PIETER MATTHEESSENS LANGE LOZANASTRAAT 24,
2018 ANTWERPEN 1- .
Co-Curator: NICK PEETERS, NOORDERLAAN 98,
2030 ANTWERPEN 3 |
27-10-2022 → 01-10-2024 |