MN DEVELOPMENT
Dissolution or liquidationSummary
The KBO register records for MN DEVELOPMENT the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2022 annual accounts show equity of €7,710 and a net result of -€358.
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 31-12-2022 was due by 31-07-2023 and was filed on 17-10-2023, 78 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
78 d late
2021
31 d late
2020
198 d late
2019
563 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 218 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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 How is the General construction of residential buildings sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Equity
€7,710▼ 4.4%
2021 · €8,067
Total assets
€65,680▲ 77.7%
2021 · €36,956
Net result
-€358▲ 80.0%
2021 · -€1,788
Working capital
€7,710▼ 4.4%
2021 · €8,067
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
Line20182019202020212022
Operating result€11,527--€287-€1,120€13,404
Net result€8,670--€373-€54▲ 85.5%-€1,788▼ 3,208%-€358▲ 80.0%
Equity€10,283-€9,910▼ 3.6%€9,856▼ 0.5%€8,067▼ 18.1%€7,710▼ 4.4%
Total assets€71,014-€69,657▼ 1.9%€68,935▼ 1.0%€36,956▼ 46.4%€65,680▲ 77.7%
Debt€60,731-€59,747▼ 1.6%€59,079▼ 1.1%€28,889▼ 51.1%€57,971▲ 101%
Working capital€10,283-€9,910▼ 3.6%€9,856▼ 0.5%€8,067▼ 18.1%€7,710▼ 4.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2022: €13,404 after a loss of €1,120 in 2021, the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Equity and liabilities €65,680
Equity
€7,710 ▼ 4.4%
Debt
€57,971 ▲ 101%
Debt's share of the balance-sheet total rises from 78.2% to 88.3%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
1.13▼
2021 · 1.28
Debt to equity
7.52▲
2021 · 3.58
ROE
-4.6%▲
2021 · -22.2%
ROA
-0.5%▲
2021 · -4.8%
Debt ≤ 1 year
€57,971▲
2021 · €28,889
Income taxes
€13,740▲
2021 · €599
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | - | €85 | - |
| Gross operating margin9900 | €12,254 | -€287 | - | -€1,120 | €13,489 | ▲ 1,305% |
| Operating profit (loss)9901 | €11,527 | -€287 | - | -€1,120 | €13,404 | ▲ 1,297% |
| Financial income75/76B | - | - | - | - | €18 | - |
| Recurring financial income75 | - | - | - | - | €18 | - |
| Financial charges65/66B | - | - | - | €70 | €40 | ▼ 43.6% |
| Recurring financial charges65 | €1,132 | €86 | €54 | €70 | €40 | ▼ 43.6% |
| Profit (loss) for the period before taxes9903 | €10,396 | -€373 | -€54 | -€1,190 | €13,382 | ▲ 1,225% |
| Income taxes67/77 | €1,726 | - | - | €599 | €13,740 | ▲ 2,196% |
| Profit (loss) for the period9904 | €8,670 | -€373 | -€54 | -€1,788 | -€358 | ▲ 80.0% |
| Profit (loss) for the period to be appropriated9905 | €8,670 | -€373 | -€54 | -€1,788 | -€358 | ▲ 80.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €71,014 | €69,657 | €68,935 | €36,956 | €65,680 | ▲ 77.7% |
| Current assets29/58 | €71,014 | €69,657 | €68,935 | €36,956 | €65,680 | ▲ 77.7% |
| Amounts receivable within one year40/41 | €68,995 | €68,302 | €68,302 | €36,956 | €54,975 | ▲ 48.8% |
| Trade receivables40 | - | - | - | €10,000 | €26,238 | ▲ 162% |
| Other amounts receivable41 | - | - | - | €26,956 | €28,737 | ▲ 6.6% |
| Cash at bank and in hand54/58 | €2,019 | €1,355 | €632 | - | €10,705 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €71,014 | €69,657 | €68,935 | €36,956 | €65,680 | ▲ 77.7% |
| Equity10/15 | €10,283 | €9,910 | €9,856 | €8,067 | €7,710 | ▼ 4.4% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Outside capital11 | - | - | - | €6,200 | €6,200 | = |
| Other1109/19 | - | - | - | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | = |
| Legal reserve130 | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €2,223 | €1,850 | €1,796 | €7 | -€350 | ▼ 4,842% |
| Amounts payable17/49 | €60,731 | €59,747 | €59,079 | €28,889 | €57,971 | ▲ 101% |
| Amounts payable within one year42/48 | €60,731 | €59,747 | €59,079 | €28,889 | €57,971 | ▲ 101% |
| Financial debts43 | - | - | - | €18 | - | - |
| Credit institutions430/8 | - | - | - | €18 | - | - |
| Trade debts44 | €58,312 | €58,021 | €57,353 | €27,024 | €32,575 | ▲ 20.5% |
| Suppliers440/4 | - | - | - | €27,024 | €32,575 | ▲ 20.5% |
| Taxes, remuneration and social security45 | - | - | - | €1,726 | €24,054 | ▲ 1,294% |
| Taxes450/3 | - | - | - | €1,726 | €2,924 | ▲ 69.4% |
| Remuneration and social security454/9 | - | - | - | - | €21,130 | - |
| Other amounts payable47/48 | - | - | - | €121 | €1,342 | ▲ 1,007% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,670 | -€373 | -€54 | -€1,788 | -€358 | ▲ 80.0% |
| Operating cash flow (approximation) | €8,670 | -€373 | -€54 | -€1,788 | -€358 | ▲ 80.0% |
| Change in cash | - | -€664 | -€723 | - | - | - |
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
2023
17-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 78 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
14-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 198 days late
14-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 563 days late
2021
31-12
Financial
Weakest financial yearnet -€1,788
Net result drops to -€1,788, the lowest in the series.
2019
12-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 73 days late
2018
10-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 132 days late
Financial 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
Registered office, Mons · 1 establishment unit since 2016
Ground area
682 m²
Building footprint
119 m²
Volume, LiDAR
810 m³
Parcel 53030D0394/00T003, Wallonia · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MN DEVELOPMENT
since 20162.256.960.762
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53030D0394/00T003 | Wallonia | 682 m² | 1 · 118 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,037. 8,233 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 (pre-2019)
Founded25-05-2016
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43110Demolition
43120Site preparation
43310Plastering work
43320Joinery installation
43422Screed work
Contact
E-mail
mn-development@hotmail.comMons
Phone
0472-076010Mons
Scores and ratios are computed by Checked and are not a credit decision.