MN DAMAS

Inactive

KBO/BCE: BE 0691.609.406

MN DAMAS was declared bankrupt on 05-10-2021 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 21-02-2023, published in the Belgian State Gazette on 28-02-2023.

Summary

Inactive; last annual accounts for fiscal year 2018.

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Signals

Two signals. The signal on the left, the evidence on the right.

○neutral

Prior bankruptcy

Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.

Belgian State Gazette

Latest accounts filed on time

The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 18-07-2019, 13 days ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2018

13 d early

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2018, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€13k

Working capital

€9k

Balance-sheet composition

Assets €51k

61.7%

38.3%

Fixed assets €31k

Current assets €20k

Equity and liabilities €51k

36.7%

63.3%

Equity €19k

Debt €32k

Debt finances 63.3% of the balance-sheet total.

Key figures and ratios

2018 value

EBITDA

€22k

Cash flow

€22k

Current ratio

1.86

Debt to equity

1.16

ROE

66.9%

ROA

24.6%

Debt ≤ 1 year

€11k

Debt > 1 year

€22k

Filed annual accounts As filed with the NBB · 2018 · 24 lines

Balance sheet Code2018

Assets

Total assets20/58€51k

Formation expenses20€0

Fixed assets21/28€31k

Tangible fixed assets22/27€31k

Current assets29/58€20k

Amounts receivable within one year40/41€16k

Cash at bank and in hand54/58€4k

Equity and liabilities

Total equity and liabilities10/49€51k

Equity10/15€19k

Contributions10/11€6k

Reserves13€627

Profit (loss) carried forward14€12k

Amounts payable17/49€32k

Amounts payable after more than one year17€22k

Amounts payable within one year42/48€11k

Trade debts44€153

Income statement Code2018

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k

Gross operating margin9900€27k

Operating profit (loss)9901€13k

Recurring financial income75€21

Recurring financial charges65€71

Profit (loss) for the period before taxes9903€13k

Profit (loss) for the period9904€13k

Profit (loss) for the period to be appropriated9905€13k

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Timeline · acts, filings and financial milestones

All 3Signals 2Filings 1

2023

28-02

Bankruptcy Bankruptcy closure (insufficient assets)

Ondernemingsrechtbank Brussel · MN DAMAS BV IKAROSLAAN 1, 1930 ZAVENTEM · event 21-02-2023

2021

11-10

Bankruptcy Opening

Ondernemingsrechtbank Brussel · MN DAMAS BV IKAROS- LAAN 1, 1930 ZAVENTEM · event 05-10-2021

2019

18-07

NBB filing Annual accounts filed

fiscal year 2018 · full schema

SignalNBB filing

Directors · office · real estate

Directors

5 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

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Insolvency mandates

1 mandate

Role	Name	Tenure
Curator	WINNY TIRMARCHE A. DE COCKPLEIN 9, 1831 DIEGEM	05-10-2021 → 21-02-2023