Morvin
Open bankruptcyA bankruptcy procedure is open for Morvin according to publications in the Belgian State Gazette; curator: LIEN CROMBEZ-DAMBRE.
Summary
The 2022 annual accounts show negative equity (-€52,142) and a net result of -€20,601.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Ghent, Ypres division
- Declared bankrupt
- 28 June 2024
- Supervising judge
- Luc Vanderbeke
- Official Gazette
- 05-07-2024 (pdf) ↗search the document for 2024/128244
Deadlines
- Provisional date payments stopped
- 28 June 2024A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 20 July 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 28 July 2024art. XX.104 and XX.155 CEL
- First verification report
- passed on 23 August 2024Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 28 June 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Lien Crombez-DambreRijselstraat 132, 8900 Ieperlien@viajuris.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
Embed in an article
Writing about this bankruptcy? Put the card of Morvin in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
Preview
The preview appears here.
- Stays current: the status follows the register, the figures are those of the latest filed accounts. No Checked score or verdict.
- Light on your page: one small script and one data request, also answered from a cache; no cookies, no tracking.
- Where scripts do not run (a newsletter, a feed reader) a plain link remains.
Signals
Two signals.
+raises risk
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 Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Agents in the wholesale of textiles, clothing, fur, footwear and leather goods sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Equity
-€52,142▼ 65.3%
2021 · -€31,541
Total assets
€125,269▼ 0.7%
2021 · €126,142
Net result
-€20,601▼ 43.2%
2021 · -€14,389
Working capital
-€1,880▲ 78.3%
2021 · -€8,647
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202020212022
Operating result-€20,176--€11,815▲ 41.4%-€17,077▼ 44.5%
Net result-€23,352below the sector's middle half--€14,389below the sector's middle half▲ 38.4%-€20,601below the sector's middle half▼ 43.2%
Equity-€17,152below the sector's middle half--€31,541below the sector's middle half▼ 83.9%-€52,142below the sector's middle half▼ 65.3%
Total assets€121,875within the sector's middle half-€126,142within the sector's middle half▲ 3.5%€125,269within the sector's middle half▼ 0.7%
Debt€139,028-€157,683▲ 13.4%€177,411▲ 12.5%
Working capital-€10,969--€8,647▲ 21.2%-€1,880▲ 78.3%
Solvency-14.1%below the sector's middle half--25.0%below the sector's middle half▼ 10.9pp-41.6%below the sector's middle half▼ 16.6pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
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 €17,077 in 2022 against €11,815 in 2021; the loss grows.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €125,269
Fixed assets
€61,061 ▼ 9.8%
Current assets
€64,208 ▲ 9.9%
Key figures and ratios
EBITDA
-€10,430▼
2021 · -€5,059
Cash flow
-€13,954▼
2021 · -€7,633
Current ratio
0.97▲
2021 · 0.87
Quick ratio
0.11▼
2021 · 0.12
Debt to equity
-3.40▲
2021 · -5.00
ROA
-16.4%▼
2021 · -11.4%
Interest coverage
-2.96▼
2021 · -1.97
Debt ≤ 1 year
€66,088▼
2021 · €67,081
Debt > 1 year
€106,371▲
2021 · €86,212
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,699 | €6,756 | €6,647 | ▼ 1.6% |
| Other operating charges640/8 | - | €442 | €838 | ▲ 89.6% |
| Gross operating margin9900 | -€12,283 | -€4,617 | -€9,592 | ▼ 108% |
| Operating profit (loss)9901 | -€20,176 | -€11,815 | -€17,077 | ▼ 44.5% |
| Financial charges65/66B | - | €2,574 | €3,524 | ▲ 36.9% |
| Recurring financial charges65 | €3,176 | €2,574 | €3,524 | ▲ 36.9% |
| Profit (loss) for the period before taxes9903 | -€23,352 | -€14,389 | -€20,601 | ▼ 43.2% |
| Profit (loss) for the period9904 | -€23,352 | -€14,389 | -€20,601 | ▼ 43.2% |
| Profit (loss) for the period to be appropriated9905 | -€23,352 | -€14,389 | -€20,601 | ▼ 43.2% |
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €121,875 | €126,142 | €125,269 | ▼ 0.7% |
| Fixed assets21/28 | €73,531 | €67,708 | €61,061 | ▼ 9.8% |
| Tangible fixed assets22/27 | €73,531 | €67,708 | €61,061 | ▼ 9.8% |
| Furniture and vehicles24 | - | €10,268 | €6,796 | ▼ 33.8% |
| Other tangible fixed assets26 | - | €57,440 | €54,265 | ▼ 5.5% |
| Current assets29/58 | €48,344 | €58,434 | €64,208 | ▲ 9.9% |
| Stocks and contracts in progress3 | €40,881 | €50,381 | €56,885 | ▲ 12.9% |
| Stocks30/36 | - | €50,381 | €56,885 | ▲ 12.9% |
| Amounts receivable within one year40/41 | €28 | €740 | €535 | ▼ 27.7% |
| Trade receivables40 | - | €615 | €535 | ▼ 13.0% |
| Other amounts receivable41 | - | €125 | - | - |
| Cash at bank and in hand54/58 | €999 | €973 | €750 | ▼ 22.9% |
| Deferred charges and accrued income490/1 | - | €6,340 | €6,038 | ▼ 4.8% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €121,875 | €126,142 | €125,269 | ▼ 0.7% |
| Equity10/15 | -€17,152 | -€31,541 | -€52,142 | ▼ 65.3% |
| Contributions10/11 | - | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | -€23,352 | -€37,741 | -€58,342 | ▼ 54.6% |
| Amounts payable17/49 | €139,028 | €157,683 | €177,411 | ▲ 12.5% |
| Amounts payable after more than one year17 | €77,065 | €86,212 | €106,371 | ▲ 23.4% |
| Financial debts170/4 | - | €83,562 | €88,986 | ▲ 6.5% |
| Other amounts payable178/9 | - | €2,650 | €17,385 | ▲ 556% |
| Amounts payable within one year42/48 | €59,313 | €67,081 | €66,088 | ▼ 1.5% |
| Current portion of amounts payable after more than one year42 | - | €18,669 | €14,076 | ▼ 24.6% |
| Financial debts43 | - | €7,418 | €8,029 | ▲ 8.2% |
| Credit institutions430/8 | - | €7,418 | €8,029 | ▲ 8.2% |
| Trade debts44 | €19,403 | €11,187 | €11,998 | ▲ 7.2% |
| Suppliers440/4 | - | €11,187 | €11,998 | ▲ 7.2% |
| Taxes, remuneration and social security45 | - | €6,608 | €4,684 | ▼ 29.1% |
| Taxes450/3 | - | €5,428 | €4,684 | ▼ 13.7% |
| Remuneration and social security454/9 | - | €1,180 | - | - |
| Other amounts payable47/48 | - | €23,199 | €27,301 | ▲ 17.7% |
| Accrued charges and deferred income492/3 | - | €4,390 | €4,952 | ▲ 12.8% |
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€23,352 | -€14,389 | -€20,601 | ▼ 43.2% |
| + Depreciation and write-downs630 | €7,699 | €6,756 | €6,647 | ▼ 1.6% |
| Operating cash flow (approximation) | -€15,654 | -€7,633 | -€13,954 | ▼ 82.8% |
| Investment in fixed assets (approximation) | - | -€933 | €0 | ▲ 100% |
| Change in cash | - | -€26 | -€223 | ▼ 764% |
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
05-07
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Ieper · event 28-06-2024
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 122 days late
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 487 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
SignalNBB filing
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Poperinge · 1 establishment unit since 2019
Ground area
260 m²
Building footprint
248 m²
Volume, LiDAR
1,283 m³
Parcel 33021F0714/00C000, Flanders · tallest building 11.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Bar Bavet
since 20192.294.121.363
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33021F0714/00C000 | Flanders | 260 m² | 1 · 248 m² | 11.2 m · 1 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | LIEN CROMBEZ-DAMBRE RIJSELSTRAAT 132,
8900 IEPER |
28-06-2024 → present |
Similar companies · same sector and region
KAAZFA
BE 0791.527.324
Poperinge
TER WOLLE
BE 0861.889.342
Poperinge
A-LISTAIR (BELGIUM)
BE 0598.875.426
Waregem
ADELHEID
BE 0428.321.415
Harelbeke
All Round Projects
BE 0568.928.754
Waregem
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,277 companies in sector 46160 we hold annual accounts for 687. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded18-04-2019
Fiscal year end31-12
Activities, NACEBEL 2025
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
74120Graphic design and visual communication
74201Photography, excluding press photography
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.