MP GENERATION
InactiveFrom the official registers: KBO 14 annual accounts at the National Bank publications in the Belgian Official Gazette
Overview
Overview
Official details
KBO- Status
- Absorbed by CAR Avenue Belgique merger by absorption, October 2024
- Activity
- No activity registered in the KBO
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
Board
- Domaine des ConcessionsDirector · permanent representative Stéphane Bailly
- CAR Avenue SARLDirector · permanent representative Amaury de Ghaisne de Bourmont
Financial position
No score
Annual accounts 2023
- Gross margin
- -€469
- ▲ 71.3%
- Profit
- €28,248
- ▲ 4.5%
- Equity
- €348,551
- ▲ 8.8%
- Total assets
- €416,218
- ▼ 13.9%
Filed on 29-05-2024PDF
Financials
Financials · financial year 2023, full format
Annual accounts 2023 filed on 29-05-2024 PDF all 14 filings
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€28,248▲ 4.5%
2022 · €27,024
Working capital
€15,719▲ 600%
2022 · €2,245
Trend over the years
2019 to 2023, 5 financial years 2018 to 2023, 6 financial years
The operating result for 2023 is a loss of €469, smaller than the loss of €1,633 in 2022.
Operating result-€469
2023
Net result€28,248
2023
Total assets€416,218
2023
Equity€348,551
2023
Debt€67,668
2023
Working capital€15,719
2023
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023
Operating result-€418--€420▼ 0.5%-€420▼ 0.1%-€421▼ 0.1%-€1,633▼ 288%-€469▲ 71.3%
Net result€28,210-€28,175▼ 0.1%€28,371▲ 0.7%€27,759▼ 2.2%€27,024▼ 2.6%€28,248▲ 4.5%
Equity€208,973-€237,148▲ 13.5%€265,519▲ 12.0%€293,278▲ 10.5%€320,302▲ 9.2%€348,551▲ 8.8%
Total assets€410,824-€410,928=€485,969▲ 18.3%€485,133▼ 0.2%€483,644▼ 0.3%€416,218▼ 13.9%
Debt€201,851-€173,780▼ 13.9%€220,449▲ 26.9%€191,855▼ 13.0%€163,341▼ 14.9%€67,668▼ 58.6%
Working capital-€68,772--€68,927▼ 0.2%-€68,150▲ 1.1%-€69,252▼ 1.6%€2,245€15,719▲ 600%
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €416,218
Fixed assets
€385,725 =
Current assets
€30,494 ▼ 68.9%
Equity and liabilities €416,218
Equity
€348,551 ▲ 8.8%
Debt
€67,668 ▼ 58.6%
Debt's share of the balance-sheet total falls from 33.8% to 16.3%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
2.06▲
2022 · 1.02
Debt to equity
0.19▼
2022 · 0.51
ROE
8.1%▼
2022 · 8.4%
ROA
6.8%▲
2022 · 5.6%
Debt ≤ 1 year
€14,775▼
2022 · €95,674
Debt > 1 year
€52,892▼
2022 · €67,668
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 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Gross operating margin9900 | -€418 | -€420 | -€420 | -€421 | -€1,633 | -€469 | ▲ 71.3% |
| Operating profit (loss)9901 | -€418 | -€420 | -€420 | -€421 | -€1,633 | -€469 | ▲ 71.3% |
| Financial income75/76B | - | - | - | - | €30,000 | €30,000 | = |
| Recurring financial income75 | €30,000 | €30,000 | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Financial charges65/66B | - | - | - | - | €1,343 | €1,282 | ▼ 4.5% |
| Recurring financial charges65 | €1,372 | €1,405 | €1,209 | €1,820 | €1,343 | €1,282 | ▼ 4.5% |
| Profit (loss) for the period before taxes9903 | €28,210 | €28,175 | €28,371 | €27,759 | €27,024 | €28,248 | ▲ 4.5% |
| Profit (loss) for the period9904 | €28,210 | €28,175 | €28,371 | €27,759 | €27,024 | €28,248 | ▲ 4.5% |
| Profit (loss) for the period to be appropriated9905 | €28,210 | €28,175 | €28,371 | €27,759 | €27,024 | €28,248 | ▲ 4.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €410,824 | €410,928 | €485,969 | €485,133 | €483,644 | €416,218 | ▼ 13.9% |
| Fixed assets21/28 | €376,525 | €376,525 | €450,525 | €450,525 | €385,725 | €385,725 | = |
| Financial fixed assets28 | €376,525 | €376,525 | €450,525 | €450,525 | €385,725 | €385,725 | = |
| Current assets29/58 | €34,299 | €34,404 | €35,444 | €34,609 | €97,919 | €30,494 | ▼ 68.9% |
| Amounts receivable within one year40/41 | €30,000 | €30,000 | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Other amounts receivable41 | - | - | - | - | €30,000 | €30,000 | = |
| Cash at bank and in hand54/58 | €4,299 | €4,404 | €5,444 | €4,609 | €67,919 | €494 | ▼ 99.3% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €410,824 | €410,928 | €485,969 | €485,133 | €483,644 | €416,218 | ▼ 13.9% |
| Equity10/15 | €208,973 | €237,148 | €265,519 | €293,278 | €320,302 | €348,551 | ▲ 8.8% |
| Contributions10/11 | €6,200 | €6,200 | - | - | €6,200 | €6,200 | = |
| Reserves13 | €650 | €650 | €650 | €650 | €650 | €650 | = |
| Distributable reserves133 | - | - | - | - | €650 | €650 | = |
| Profit (loss) carried forward14 | €202,123 | €230,298 | €258,669 | €286,428 | €313,452 | €341,701 | ▲ 9.0% |
| Amounts payable17/49 | €201,851 | €173,780 | €220,449 | €191,855 | €163,341 | €67,668 | ▼ 58.6% |
| Amounts payable after more than one year17 | €98,780 | €70,449 | €116,855 | €87,994 | €67,668 | €52,892 | ▼ 21.8% |
| Financial debts170/4 | - | - | - | - | €67,668 | €52,892 | ▼ 21.8% |
| Amounts payable within one year42/48 | €103,071 | €103,331 | €103,594 | €103,861 | €95,674 | €14,775 | ▼ 84.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €20,326 | €14,775 | ▼ 27.3% |
| Trade debts44 | - | - | - | - | €348 | - | - |
| Suppliers440/4 | - | - | - | - | €348 | - | - |
| Other amounts payable47/48 | - | - | - | - | €75,000 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €28,210 | €28,175 | €28,371 | €27,759 | €27,024 | €28,248 | ▲ 4.5% |
| Operating cash flow (approximation) | €28,210 | €28,175 | €28,371 | €27,759 | €27,024 | €28,248 | ▲ 4.5% |
| Investment in fixed assets (approximation) | - | €0 | -€74,000 | €0 | €64,800 | €0 | ▼ 100% |
| Change in cash | - | €105 | €1,040 | -€835 | €63,310 | -€67,425 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2023 | full format | 29-05-2024 | 2024-00103578 | |
| 31-12-2022 | full format | 03-05-2023 | 2023-00077307 | |
| 31-12-2021 | full format | 21-03-2022 | 2022-08200229 | |
| 31-12-2020 | full format | 13-04-2021 | 2021-10300035 | |
| 31-12-2019 | full format | 05-05-2020 | 2020-11400179 | |
| 31-12-2018 | full format | 19-06-2019 | 2019-20000462 | |
| 31-12-2017 | full format | 12-07-2018 | 2018-32400160 | |
| 31-12-2016 | full format | 26-06-2017 | 2017-21500374 | |
| 31-12-2015 | full format | 22-04-2016 | 2016-10600580 | |
| 31-12-2014 | full format | 01-06-2015 | 2015-14000346 |
Board & ownership
Directors
Directors
2 directors, last change in 2023
Board 2
Domaine des Concessions
Current
Director · appointed in the act of 13-02-2024 · Limited partnership · permanent representative: Stéphane Bailly
CAR Avenue SARL
Current
Director · appointed in the act of 13-02-2024 · Legal entity · permanent representative: Amaury de Ghaisne de Bourmont
Permanent representatives 2
Stéphane Bailly
Current
Permanent representative · appointed in the act of 13-02-2024 · for Domaine des Concessions
Amaury de Ghaisne de Bourmont
Current
Permanent representative · appointed in the act of 13-02-2024 · for CAR Avenue SARL
Owners and capital
Shareholders
Owners 0
The accounts to 31-12-2023 list no shareholders.
Former owners (1)
-
100%
Capital transactions
Shareholders according to the deeds
Stated in the act
act of 29-10-2024 ↗
- CAR Avenue Belgique (BE 0448.056.757) all shares
Stated in the act
act of 18-07-2024 ↗
- CAR Avenue Belgique (BE 0448.056.757) all shares
Mandate history
4 people, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Domaine des Concessions |
|
| CAR Avenue SARL |
|
| Michel Huet |
|
| Pascal Huet |
|
Network & group
Holdings and subsidiaries
2 holdingsHoldings 2
Source for every holding own accounts 2023
- Equity €2.3mResult €294,77258.3%
- Equity €3.5mResult €264,69224%
Acquisitions and mergers
1 transactionTaken over by:CAR Avenue Belgique
Connections & network
11 connected companiesThis company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
CAR Avenue Huet
Shared corporate director
→
CAR Avenue Logistic Belgique
Shared corporate director
→
CAR Avenue Star
Shared corporate director
→
CARE Belgique
Shared corporate director
→
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Timeline
Acts, filings and financial milestones
2024
29-10
Gazette deed
Restructuring · End & cessationShareholding · Merger · Accounting effect17 points ▸
Gazette deed
Restructuring · End & cessation
Shareholding · Merger · Accounting effect17 points ▸
- CAR Avenue Belgique holds all the shares
- General meeting, 29-08-2024
- Merger, “plus d'un mois avant la date de la présente assemblée” (deed in French)
- Merger, “unanimité des voix, article 12:7” (deed in French)
- Accounting effect, 01-07-2024
- Other provision, “absence de reprise des capitaux propres et de création d'actions nouvelles, détention de l'intégralité du capital par la société absorbante” (deed in French)
- Share cancellation, “article 12:57” (deed in French)
- Other provision, “caractère idoine de l'objet de la société absorbée avec celui de la société absorbante, idoine” (deed in French)
- Other provision, “absence d'avantage particulier aux membres des organes d'administration, article 12:50,alinéa 1,4°” (deed in French)
- Other provision, “base comptable et absence de rapport révisoral”, 30-06-2024 (deed in French)
- Other provision, “éléments incorporels compris dans le transfert” (deed in French)
- Other provision, “situation du fonds de commerce transféré” (deed in French)
- The act holds 5 more points.
18-07
Gazette deed
RestructuringMerger · Shareholding · Accounting effect5 points ▸
Gazette deed
Restructuring
Merger · Shareholding · Accounting effect5 points ▸
- Merger, “totalité de son patrimoine, activement et passivement, articles 12:50 et suivants du Code des sociétés et des associations” (deed in French)
- CAR Avenue Belgique holds all the shares
- Accounting effect, 01-07-2024
- Other provision, “droits attribués aux associés ayant des droits spéciaux et titulaires de titres autres que parts ou actions” (deed in French)
- Other provision, “avantage particulier attribué aux membres des organes d'administration des sociétés appelées à fusionner” (deed in French)
29-05
financial year 2023 · full format
13-02
Gazette deed
Resignations: Pascal Huet (director) and Michel Huet (director)Appointments: Domaine des Concessions (director) and CAR Avenue SARL (director) · Permanent representatives: Stéphane Bailly and Amaury de Ghaisne de Bourmont7 points ▸
Gazette deed
Resignations: Pascal Huet (director) and Michel Huet (director)
Appointments: Domaine des Concessions (director) and CAR Avenue SARL (director) · Permanent representatives: Stéphane Bailly and Amaury de Ghaisne de Bourmont7 points ▸
- General meeting, 20-11-2023
- Director resignation, Pascal Huet (director)
- Director resignation, Michel Huet (director)
- Director appointment, Domaine des Concessions (director)
- Permanent representative, Stéphane Bailly
- Director appointment, CAR Avenue SARL (director)
- Permanent representative, Amaury de Ghaisne de Bourmont
2023
31-12
Financial
Liquidity doublescurrent ratio 2.06
The current ratio rises from 1.02 to 2.06. Short-term debt falls from €95,674 to €14,775.
03-05
financial year 2022 · full format
2022
31-12
Financial
Liquidity more than triplescurrent ratio 1.02
The current ratio rises from 0.33 to 1.02. Short-term debt falls from €103,861 to €95,674.
21-03
financial year 2021 · full format
2021
13-04
financial year 2020 · full format
2020
31-12
Financial
Highest result from 2018 to 2023net €28,371 ▲0.7%
The net result of €28,371 is the highest of those years.
05-05
financial year 2019 · full format
2019
19-06
financial year 2018 · full format
Show earlier events
2018
12-07
financial year 2017 · full format
2017
26-06
financial year 2016 · full format
2016
22-04
financial year 2015 · full format
2015
01-06
financial year 2014 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Inactive
Absorbed by CAR Avenue Belgique in October 2024
MP GENERATION is no longer in the KBO register. CAR Avenue Belgique took it over in a merger by absorption, published in the Belgian Official Gazette on 29 October 2024.
- Status
- Inactive
- Reason
- Merger by absorptionBelgian Official Gazette, 29 October 2024 · act
- Absorbed by
- CAR Avenue Belgique · 0448.056.757
- Last annual accounts
- financial year to 31 December 2023
- Last registered office
- Boucle De La Famenne 25, 6900 Marche-En-Famenneas published on 29 October 2024
- Legal form
- Private limited company
- First annual accounts
- financial year 2010