MOS
InactiveMOS was declared bankrupt on 22-10-2024 (Ondernemingsrechtbank Gent, afdeling Kortrijk); the bankruptcy was closed for insufficient assets by judgment of 09-09-2025, published in the Belgian State Gazette on 12-09-2025.
Summary
Inactive; last annual accounts for fiscal year 2023.
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 31-12-2024, 2 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 · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline26-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 10-10-2024, 71 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
71 d late
2022
123 d late
2021
16 d late
2020
25 d late
2019
52 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 37 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 2023, abbreviated schema
Equity
€49,863▼ 97.3%
2022 · €1.9m
Total assets
€51,983▼ 97.2%
2022 · €1.9m
Net result
-€1.8m▼ 816%
2022 · -€196,775
Working capital
€49,862▼ 5.1%
2022 · €52,515
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
Line20192020202120222023
Operating result-€1,683▲ 29.1%-€1,758▼ 4.4%-€1,924▼ 9.5%-€2,313▼ 20.2%-€2,323▼ 0.5%
Net result€1.2m▲ 307%€391,083▼ 67.8%-€2,279-€196,775▼ 8,536%-€1.8m▼ 816%
Equity€1.7m▲ 117%€2.1m▲ 23.6%€2.0m▼ 0.1%€1.9m▼ 9.6%€49,863▼ 97.3%
Total assets€2.0m▼ 19.2%€2.1m▲ 2.9%€2.1m▼ 0.2%€1.9m▼ 9.6%€51,983▼ 97.2%
Debt€336,014▼ 80.3%€1,882▼ 99.4%€1,002▼ 46.8%€1,949▲ 94.5%€2,120▲ 8.8%
Working capital-€333,632▲ 80.2%€57,451€55,172▼ 4.0%€52,515▼ 4.8%€49,862▼ 5.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2,323 in 2023 against €2,313 in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €51,983
Fixed assets
€1 ▼ 100.0%
Current assets
€51,982 ▼ 4.6%
Equity and liabilities €51,983
Equity
€49,863 ▼ 97.3%
Debt
€2,120 ▲ 8.8%
Debt's share of the balance-sheet total rises from 0.1% to 4.1%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
24.52▼
2022 · 27.95
Debt to equity
0.04▲
2022 · 0.00
Debt ≤ 1 year
€2,120▲
2022 · €1,949
A ratio outside any meaningful range has been withheld (balance sheet total €51,983, equity €49,863).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €1,233 | - | - |
| Other operating charges640/8 | - | - | €1,864 | €1,080 | €1,149 | ▲ 6.5% |
| Gross operating margin9900 | -€580 | -€730 | -€60 | -€1,233 | -€1,174 | ▲ 4.8% |
| Operating profit (loss)9901 | -€1,683 | -€1,758 | -€1,924 | -€2,313 | -€2,323 | ▼ 0.5% |
| Recurring financial income75 | €398,824 | €393,140 | - | - | - | - |
| Financial charges65/66B | - | - | €354 | €194,463 | €1.8m | ▲ 826% |
| Recurring financial charges65 | €276 | €300 | €354 | €345 | €329 | ▼ 4.6% |
| Non-recurring financial charges66B | - | - | - | €194,118 | €1.8m | ▲ 827% |
| Profit (loss) for the period before taxes9903 | €1.2m | €391,083 | -€2,279 | -€196,775 | -€1.8m | ▼ 816% |
| Profit (loss) for the period9904 | €1.2m | €391,083 | -€2,279 | -€196,775 | -€1.8m | ▼ 816% |
| Profit (loss) for the period to be appropriated9905 | €1.2m | €391,083 | -€2,279 | -€196,775 | -€1.8m | ▼ 816% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.0m | €2.1m | €2.1m | €1.9m | €51,983 | ▼ 97.2% |
| Fixed assets21/28 | €2.0m | €2.0m | €2.0m | €1.8m | €1 | ▼ 100.0% |
| Financial fixed assets28 | €2.0m | €2.0m | €2.0m | €1.8m | €1 | ▼ 100.0% |
| Current assets29/58 | €2,383 | €59,333 | €56,174 | €54,463 | €51,982 | ▼ 4.6% |
| Amounts receivable within one year40/41 | €122 | €455 | €50,593 | €50,856 | €51,136 | ▲ 0.6% |
| Other amounts receivable41 | - | - | €50,593 | €50,856 | €51,136 | ▲ 0.6% |
| Cash at bank and in hand54/58 | €2,261 | €58,879 | €5,581 | €3,607 | €846 | ▼ 76.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.0m | €2.1m | €2.1m | €1.9m | €51,983 | ▼ 97.2% |
| Equity10/15 | €1.7m | €2.1m | €2.0m | €1.9m | €49,863 | ▼ 97.3% |
| Contributions10/11 | €424,837 | €424,837 | €424,837 | €424,837 | €424,837 | = |
| Capital10 | - | - | €424,837 | €424,837 | €424,837 | = |
| Issued capital100 | - | - | €424,837 | €424,837 | €424,837 | = |
| Reserves13 | €1.2m | €1.6m | €1.6m | €1.4m | €197,822 | ▼ 86.1% |
| Non-distributable reserves130/1 | - | - | €197,822 | €197,822 | €197,822 | = |
| Legal reserve130 | - | - | €197,822 | €197,822 | €197,822 | = |
| Distributable reserves133 | - | - | €1.4m | €1.2m | - | - |
| Profit (loss) carried forward14 | - | - | - | - | -€572,795 | - |
| Amounts payable17/49 | €336,014 | €1,882 | €1,002 | €1,949 | €2,120 | ▲ 8.8% |
| Amounts payable within one year42/48 | €336,014 | €1,882 | €1,002 | €1,949 | €2,120 | ▲ 8.8% |
| Trade debts44 | €994 | €1,862 | €981 | €1,928 | €2,099 | ▲ 8.9% |
| Suppliers440/4 | - | - | €981 | €1,928 | €2,099 | ▲ 8.9% |
| Other amounts payable47/48 | - | - | €21 | €21 | €21 | = |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.2m | €391,083 | -€2,279 | -€196,775 | -€1.8m | ▼ 816% |
| Operating cash flow (approximation) | €1.2m | €391,083 | -€2,279 | -€196,775 | -€1.8m | ▼ 816% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €194,118 | €1.8m | ▲ 827% |
| Change in cash | - | €56,618 | -€53,298 | -€1,974 | -€2,762 | ▼ 39.9% |
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
2025
12-09
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 09-09-2025
2024
28-10
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 22-10-2024
10-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 71 days late
2023
31-12
Financial
Weakest financial yearnet -€1.8m
Net result drops to -€1.8m, the lowest in the series.
01-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 123 days late
2022
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 16 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 25 days late
2020
31-12
Financial
Liquidity times 4445current ratio 31.52
Current ratio from 0.01 to 31.52; short-term debt falls from €336,014 to €1,882.
31-12
Financial
Equity above €2mEq €2.1m ▲23.6%
3 profitable years in a row build equity to €2.1m.
09-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €1.2m ▲307%
Operating result -€1,683, net result €1.2m, both a record.
31-12
Financial
Equity above €1mEq €1.7m ▲117%
2 profitable years in a row build equity to €1.7m.
Show earlier events
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 60 days late
2015
23-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 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
13 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 | NATHALIE BEERNAERT DAMMESTRAAT-WEST 6,
8800 ROESELARE |
22-10-2024 → 09-09-2025 |