MOTORMEN
Dissolution or liquidationSummary
MOTORMEN was declared bankrupt on 17-09-2018 (Tribunal de commerce francophone de Bruxelles); the bankruptcy declaration was reversed, published in the Belgian State Gazette on 31-01-2019. The KBO register records for MOTORMEN the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2017 annual accounts show equity of €581,249 and a net result of -€46,192.
Signals
Three 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 31-12-2017 was due by 31-07-2018 and was filed on 28-09-2018, 59 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
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
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 2017, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€46,192▼ 1,705%
2016 · -€2,559
Working capital
€581,249▼ 6.8%
2016 · €623,497
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20132014201520162017
Operating result-€9,504--€9,980▼ 5.0%-€9,575▲ 4.1%-€4,488▲ 53.1%-€23,181▼ 416%
Net result-€4,432--€4,274▲ 3.6%-€14,598▼ 242%-€2,559▲ 82.5%-€46,192▼ 1,705%
Equity€648,872-€644,598▼ 0.7%€630,000▼ 2.3%€627,441▼ 0.4%€581,249▼ 7.4%
Total assets€714,474-€707,611▼ 1.0%€696,043▼ 1.6%€691,415▼ 0.7%€588,376▼ 14.9%
Debt€65,602-€63,013▼ 3.9%€66,043▲ 4.8%€63,973▼ 3.1%€7,126▼ 88.9%
Working capital€644,928-€640,654▼ 0.7%€626,056▼ 2.3%€623,497▼ 0.4%€581,249▼ 6.8%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €23,181 in 2017 against €4,488 in 2016; the loss grows and 2017 has the lowest result in the available series.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Equity and liabilities €588,376
Equity
€581,249 ▼ 7.4%
Debt
€7,126 ▼ 88.9%
Debt's share of the balance-sheet total falls from 9.3% to 1.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€20,031
Cash flow
-€43,042
Current ratio
82.56▲
2016 · 10.75
ROE
-7.9%▼
2016 · -0.4%
ROA
-7.9%▼
2016 · -0.4%
Debt ≤ 1 year
€7,126▼
2016 · €63,973
Income taxes
€3,088
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | €3,150 | - |
| Gross operating margin9900 | -€7,649 | -€8,229 | -€9,575 | -€4,488 | -€11,022 | ▼ 146% |
| Operating profit (loss)9901 | -€9,504 | -€9,980 | -€9,575 | -€4,488 | -€23,181 | ▼ 416% |
| Recurring financial income75 | €5,252 | €5,837 | €7,113 | €6,763 | €34,633 | ▲ 412% |
| Recurring financial charges65 | €180 | €132 | €12,136 | €4,834 | €290 | ▼ 94.0% |
| Profit (loss) for the period before taxes9903 | -€4,432 | -€4,274 | -€14,598 | -€2,559 | -€43,105 | ▼ 1,585% |
| Income taxes67/77 | - | - | - | - | €3,088 | - |
| Profit (loss) for the period9904 | -€4,432 | -€4,274 | -€14,598 | -€2,559 | -€46,192 | ▼ 1,705% |
| Profit (loss) for the period to be appropriated9905 | -€4,432 | -€4,274 | -€14,598 | -€2,559 | -€46,192 | ▼ 1,705% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €714,474 | €707,611 | €696,043 | €691,415 | €588,376 | ▼ 14.9% |
| Fixed assets21/28 | €3,944 | €3,944 | €3,944 | €3,944 | - | - |
| Tangible fixed assets22/27 | €3,150 | €3,150 | €3,150 | €3,150 | - | - |
| Financial fixed assets28 | €794 | €794 | €794 | €794 | - | - |
| Current assets29/58 | €710,530 | €703,667 | €692,099 | €687,471 | €588,376 | ▼ 14.4% |
| Stocks and contracts in progress3 | €4,000 | €4,000 | €4,000 | €4,000 | - | - |
| Amounts receivable within one year40/41 | €190,298 | €171,066 | €174,940 | €182,390 | €93,955 | ▼ 48.5% |
| Current investments50/53 | - | - | €485,163 | €480,515 | €484,358 | ▲ 0.8% |
| Cash at bank and in hand54/58 | €516,232 | €528,601 | €27,996 | €20,566 | €10,063 | ▼ 51.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €714,474 | €707,611 | €696,043 | €691,415 | €588,376 | ▼ 14.9% |
| Equity10/15 | €648,872 | €644,598 | €630,000 | €627,441 | €581,249 | ▼ 7.4% |
| Contributions10/11 | €62,500 | €62,500 | €62,500 | €62,500 | €62,500 | = |
| Reserves13 | €625,936 | €625,936 | €625,936 | €625,936 | €625,936 | = |
| Profit (loss) carried forward14 | -€39,564 | -€43,838 | -€58,436 | -€60,995 | -€107,187 | ▼ 75.7% |
| Amounts payable17/49 | €65,602 | €63,013 | €66,043 | €63,973 | €7,126 | ▼ 88.9% |
| Amounts payable within one year42/48 | €65,602 | €63,013 | €66,043 | €63,973 | €7,126 | ▼ 88.9% |
| Trade debts44 | €16,457 | €13,861 | €16,548 | €14,479 | €3,600 | ▼ 75.1% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,432 | -€4,274 | -€14,598 | -€2,559 | -€46,192 | ▼ 1,705% |
| + Depreciation and write-downs630 | - | - | - | - | €3,150 | - |
| Operating cash flow (approximation) | -€4,432 | -€4,274 | -€14,598 | -€2,559 | -€43,042 | ▼ 1,582% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - | - |
| Change in cash | - | €12,369 | -€500,606 | -€7,430 | -€10,503 | ▼ 41.4% |
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
2019
31-01
Bankruptcy
Bankruptcy reversal
tribunal de commerce francophone de Bruxelles du 17 septembre 2018;
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 424 days late
28-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 789 days late
28-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 1155 days late
28-09
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 1520 days late
28-09
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 1885 days late
28-09
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 2250 days late
26-09
Bankruptcy
Opening
Tribunal de commerce francophone de Bruxelles · event 17-09-2018
2017
31-12
Financial
Weakest financial yearnet -€46,192
Net result drops to -€46,192, the lowest in the series.
31-12
Financial
Liquidity times 8current ratio 82.56
Current ratio from 10.75 to 82.56; short-term debt falls from €63,973 to €7,126.
2011
30-09
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 61 days late
2010
15-10
NBB filing
Annual accounts filed
fiscal year 2009 · full schema · 76 days late
2009
02-07
NBB filing
Annual accounts filed
fiscal year 2008 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Sint-Pieters-Woluwe · 1 establishment unit since 1980
Ground area
876 m²
Building footprint
870 m²
Volume, LiDAR
5,847 m³
Parcel 21019A0100/00K002, Brussels · tallest building 13.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SPRL MOTORMEN
since 19802.017.481.422
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21019A0100/00K002 | Brussels | 876 m² | 1 · 870 m² | 13.2 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | LUCILLE BERMOND CHAUSSEE DE LA HULPE 187,
1170 WATERMAEL-BOITSFORT |
17-09-2018 → 31-01-2019 |
Identification & contact
Identification
Legal formPublic limited company
Founded01-01-1980
Fiscal year end31-12
Contact
Phone
02/7713227Sint-Pieters-Woluwe
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 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.