MOONDAY TECHNOLOGIES
InactiveMOONDAY TECHNOLOGIES was declared bankrupt on 20-03-2023 (Tribunal de l’entreprise de Liège, division Liège); the bankruptcy was closed for insufficient assets by judgment of 11-06-2024, published in the Belgian State Gazette on 20-06-2024.
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 · 3 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline26-09-2026 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 29-07-2022, 2 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
2 d early
2020
31 d late
2019
77 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 35 days after 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
-€442,530▼ 203%
2020 · -€146,024
Total assets
€561,513▼ 1.2%
2020 · €568,470
Net result
-€363,346▲ 13.4%
2020 · -€419,475
Working capital
-€563,056▼ 161%
2020 · -€216,133
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
Line201920202021
Operating result-€225,464--€411,895▼ 82.7%-€333,150▲ 19.1%
Net result-€226,548--€419,475▼ 85.2%-€363,346▲ 13.4%
Equity€273,452--€146,024-€442,530▼ 203%
Total assets€428,688-€568,470▲ 32.6%€561,513▼ 1.2%
Debt€155,237-€714,494▲ 360%€1.0m▲ 40.5%
Working capital€11,850--€216,133-€563,056▼ 161%
Staff (FTE)1.8-4.5▲ 150%8.9▲ 97.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €333,150 in 2021 against €411,895 in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €561,513
Fixed assets
€548,539 ▲ 1.5%
Current assets
€12,974 ▼ 53.5%
Key figures and ratios
EBITDA
-€186,563▲
2020 · -€338,327
Cash flow
-€216,760▲
2020 · -€345,908
Solvency
-78.8%▼
2020 · -25.7%
Current ratio
0.02▼
2020 · 0.11
Debt to equity
-2.27▲
2020 · -3.22
ROA
-64.7%▲
2020 · -73.8%
Interest coverage
-6.18
Debt ≤ 1 year
€576,030▲
2020 · €244,034
Debt > 1 year
€409,383▼
2020 · €470,000
Staff costs
€205,996
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 |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €205,996 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €72,027 | €73,568 | €146,587 | ▲ 99.3% |
| Other operating charges640/8 | - | - | €351 | - |
| Gross operating margin9900 | -€109,291 | -€113,031 | €19,783 | ▲ 118% |
| Operating profit (loss)9901 | -€225,464 | -€411,895 | -€333,150 | ▲ 19.1% |
| Financial income75/76B | - | - | €0 | - |
| Recurring financial income75 | - | €8 | €0 | ▼ 99.8% |
| Financial charges65/66B | - | - | €30,197 | - |
| Recurring financial charges65 | €1,085 | €7,589 | €30,197 | ▲ 298% |
| Profit (loss) for the period before taxes9903 | -€226,548 | -€419,475 | -€363,346 | ▲ 13.4% |
| Profit (loss) for the period9904 | -€226,548 | -€419,475 | -€363,346 | ▲ 13.4% |
| Profit (loss) for the period to be appropriated9905 | -€226,548 | -€419,475 | -€363,346 | ▲ 13.4% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €428,688 | €568,470 | €561,513 | ▼ 1.2% |
| Fixed assets21/28 | €261,601 | €540,570 | €548,539 | ▲ 1.5% |
| Intangible fixed assets21 | €261,601 | €539,578 | €547,705 | ▲ 1.5% |
| Tangible fixed assets22/27 | - | €991 | €834 | ▼ 15.8% |
| Furniture and vehicles24 | - | - | €834 | - |
| Current assets29/58 | €167,087 | €27,901 | €12,974 | ▼ 53.5% |
| Amounts receivable within one year40/41 | €30,740 | €27,295 | €12,342 | ▼ 54.8% |
| Trade receivables40 | - | - | €8,497 | - |
| Other amounts receivable41 | - | - | €3,844 | - |
| Cash at bank and in hand54/58 | €131,497 | €0 | - | - |
| Deferred charges and accrued income490/1 | - | - | €632 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €428,688 | €568,470 | €561,513 | ▼ 1.2% |
| Equity10/15 | €273,452 | -€146,024 | -€442,530 | ▼ 203% |
| Contributions10/11 | - | - | €566,840 | - |
| Profit (loss) carried forward14 | -€226,548 | -€646,024 | -€1.0m | ▼ 56.2% |
| Amounts payable17/49 | €155,237 | €714,494 | €1.0m | ▲ 40.5% |
| Amounts payable after more than one year17 | - | €470,000 | €409,383 | ▼ 12.9% |
| Financial debts170/4 | - | - | €409,383 | - |
| Amounts payable within one year42/48 | €155,237 | €244,034 | €576,030 | ▲ 136% |
| Current portion of amounts payable after more than one year42 | - | - | €214,617 | - |
| Financial debts43 | - | - | €192,060 | - |
| Credit institutions430/8 | - | - | €192,060 | - |
| Trade debts44 | €149,162 | €118,595 | €74,229 | ▼ 37.4% |
| Suppliers440/4 | - | - | €74,229 | - |
| Taxes, remuneration and social security45 | - | - | €68,902 | - |
| Taxes450/3 | - | - | €3,909 | - |
| Remuneration and social security454/9 | - | - | €64,994 | - |
| Other amounts payable47/48 | - | - | €26,221 | - |
| Accrued charges and deferred income492/3 | - | - | €18,631 | - |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€226,548 | -€419,475 | -€363,346 | ▲ 13.4% |
| + Depreciation and write-downs630 | €72,027 | €73,568 | €146,587 | ▲ 99.3% |
| Operating cash flow (approximation) | -€154,521 | -€345,908 | -€216,760 | ▲ 37.3% |
| Investment in fixed assets (approximation) | - | -€352,536 | -€154,556 | ▲ 56.2% |
| Change in cash | - | -€131,497 | - | - |
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
20-06
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise de Liège, division Liège · event 11-06-2024
2023
28-03
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · event 20-03-2023
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet -€419,475
Net result drops to -€419,475, the lowest in the series.
16-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 77 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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 | THIERRY CAVENAILE PLACE DU HAUT PRE 10,
4000 LIEGE 1 |
20-03-2023 → 11-06-2024 |
Public money · subsidies and aid
European Union, budget
2022 · 1 entry · 500,000 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2022 | 1 | 500,000 EUR |
Projects
MOONDAY TECHNOLOGIES - MOONDAY EST UNE START-UP QUI DÉVELOPPE UNE PLATEFORME DÉDIÉE AUX PROFESSIONNELS DU CINÉMA ET DE L'AUDIOVISUEL. SON BUT EST DE RÉUNIR TOUS LES OUTILS QUI LEUR SONT NÉCESSAIRES SUR UNE SEULE PLATEFORME.