MP-I TECHNICAL SERVICES
BankruptcyOverview
Information for creditors
Open bankruptcy
Source: KBO register
The procedure
The court, the date and the trustee are in RegSol. Search by the enterprise number.
Steps for a creditor
- Stop delivering on credit unless the trustee agrees.
- 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.
- Reclaim goods you delivered under retention of title 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, subject to conditions.
- Follow the file in RegSol. The verification report (admitted or disputed) and the trustee's reports appear there.
The judgment sets the last day to file your claim, by law at most thirty days after the judgment. It also sets the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol. A late claim is sometimes still possible, but not without consequences.
The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically. You file your claim yourself.
Follow
Follow this bankruptcy and you are notified the next morning if it is closed or reversed.
This is general information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.
Embed in an article
Embed the MP-I TECHNICAL SERVICES company card in your article about this bankruptcy: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
Preview
The preview appears here.
- The card stays current. The status follows the register and the figures come from the latest filed accounts. It carries no Checked score or verdict.
- It barely adds weight to your page: one small script and one data request, also answered from a cache. There are no cookies and no tracking.
- Where scripts do not run (a newsletter, a feed reader) a plain link remains.
Overview
Official details
Source: KBO- Status
- Open bankruptcy founded on 26-03-2019
- Activity
- Electrical installation work in industrial facilities NACE 43212and 2 others
- Joint committees
- 200 Aanvullend Paritair Comité voor de bedienden
- 149 Paritair Comité voor de sectors die aan de metaal-, machine- en elektrische bouw verwant zijn · annual accounts 2024
- Establishment unit
- 2.287.891.686 7711 Mouscron, since 26-03-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 26-03-2025
Board and ownership
Board
- RAJAO MAIO Joao AlbertoDirector · since 26-03-2019
- RAJAO MAIO José ManuelDirector · since 26-03-2019
Financial position
No score
Annual accounts 2024
- Gross margin
- €339,389
- ▲ 531%
- Turnover
- ≈ €850,000
- estimated
- Loss
- €134,092
- ▼ 41.8%
- Equity
- €319,571
- ▼ 29.6%
- Total assets
- €408,381
- ▼ 35.2%
- Employees on 31-12-2024
- 2
- ▼ 66.7%
Financials
Financials · financial year 2024, micro format
Annual accounts 2024 filed on 22-07-2025 PDF all 5 filings
Turnover
≈ €850,000
Estimated: probably between €640,000 and €1.1m
EBIT margin
Not included in this filing
Net result
-€134,092▲ 41.8%
2023 · -€230,463
Working capital
€277,072▼ 31.4%
2023 · €404,123
Multi-year overview
2020 to 2024, 5 financial yearsOperating result
-€132,572
▲ 41.9%
2024
20202024
Net result
-€134,092
▲ 41.8%
2024
lowest quarter of the sector
20202024
Equity
€319,571
▼ 29.6%
2024
highest quarter of the sector
20202024
Total assets
€408,381
▼ 35.2%
2024
highest quarter of the sector
20202024
Debt
€88,810
▼ 49.6%
2024
20202024
Working capital
€277,072
▼ 31.4%
2024
highest quarter of the sector
20202024
Solvency
78.3%
▲ 6.2pp
2024
highest quarter of the sector
20202024
Current ratio
4.13
▲ 0.78
2024
highest quarter of the sector
20202024
Return on assets (ROA)
-32.8%
▲ 3.8pp
2024
lowest quarter of the sector
20202024
Staff (FTE)
6.2
▲ 24.0%
2024
20202024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20202021202220232024
Operating result€0.005m--€0.02m€0.9m-€0.2m-€0.1m▲ 41.9%
Net result€234below the sector's middle half--€0.02mbelow the sector's middle half€0.7mabove the sector's middle half-€0.2mbelow the sector's middle half-€0.1mbelow the sector's middle half▲ 41.8%
Equity€0.006mbelow the sector's middle half--€0.01mbelow the sector's middle half€0.7mabove the sector's middle half€0.5mwithin the sector's middle half▼ 33.7%€0.3mabove the sector's middle half▼ 29.6%
Total assets€0.2mwithin the sector's middle half-€0.3mwithin the sector's middle half▲ 50.1%€1.8mabove the sector's middle half▲ 429%€0.6mwithin the sector's middle half▼ 65.9%€0.4mabove the sector's middle half▼ 35.2%
Debt€0.2m-€0.4m▲ 59.0%€1.2m▲ 223%€0.2m▼ 84.8%€0.09m▼ 49.6%
Working capital-€0.002mbelow the sector's middle half--€0.02mbelow the sector's middle half▼ 640%€0.7mabove the sector's middle half€0.4mwithin the sector's middle half▼ 38.0%€0.3mabove the sector's middle half▼ 31.4%
Solvency2.8%below the sector's middle half--3.0%below the sector's middle half▼ 5.7pp37.1%within the sector's middle half▲ 40.0pp72.0%above the sector's middle half▲ 35.0pp78.3%above the sector's middle half▲ 6.2pp
Current ratio0.99below the sector's middle half-0.95below the sector's middle half▼ 0.041.56within the sector's middle half▲ 0.613.36above the sector's middle half▲ 1.804.13above the sector's middle half▲ 0.78
Return on assets (ROA)0.1%below the sector's middle half--4.8%below the sector's middle half▼ 4.9pp37.6%above the sector's middle half▲ 42.5pp-36.6%below the sector's middle half▼ 74.2pp-32.8%below the sector's middle half▲ 3.8pp
Staff (FTE)10.1within the sector's middle half-18.8above the sector's middle half▲ 86.1%8.7within the sector's middle half▼ 53.7%5within the sector's middle half▼ 42.5%6.2▲ 24.0%
above
within
below
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2024 is a loss of €132,572, smaller than the loss of €228,092 in 2023.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €408,059
Fixed assets
€42,566 ▼ 18.9%
Current assets
€365,493 ▼ 36.5%
Equity and liabilities €408,381
Equity
€319,571 ▼ 29.6%
Debt
€88,810 ▼ 49.6%
Debt's share of the balance-sheet total falls from 28.0% to 21.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€106,692▲
2023 · -€207,082
Cash flow
-€108,213▲
2023 · -€209,454
Debt to equity
0.28▼
2023 · 0.39
ROE
-42.0%▲
2023 · -50.8%
Interest coverage
-44.84▲
2023 · -125.99
Debt ≤ 1 year
€88,422▼
2023 · €171,452
Debt > 1 year
€0▼
2023 · €4,711
Income taxes
€0▼
2023 · €975
Staff costs
€440,159▲
2023 · €255,659
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 8 | 2 | 6 | 2 |
| full-time | 8 | 1 | 5 | 0 |
| part-time | 0 | 1 | 1 | 2 |
| in full-time equivalents | 8 | 1.3 | 5.3 | 0.7 |
| Average over the year, in full-time equivalents | 18.8 | 8.7 | 5 | 6.2 |
| On a permanent contract | 2 | - | - | - |
| Joined | 50 | 15 | 21 | 37 |
| Left | 50 | 21 | 17 | 41 |
Source: social balance sheet in the 2021 to 2024 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Tangible fixed assets | €1,500 | €30,900 | €43,402 | €16,400 |
| Financial fixed assets | - | - | - | €2,700 |
| Depreciation and write-downs of the year | €2,714 | €6,661 | €21,009 | €25,880 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €1.0m | €0.5m | €0.3m | €0.4m | ▲ 72.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.003m | €0.003m | €0.007m | €0.02m | €0.03m | ▲ 23.2% |
| Other operating charges640/8 | - | €0.008m | €0.009m | €0.005m | €0.006m | ▲ 14.2% |
| Gross operating margin9900 | €0.8m | €1.0m | €1.5m | €0.05m | €0.3m | ▲ 531% |
| Operating profit (loss)9901 | €0.005m | -€0.02m | €0.9m | -€0.2m | -€0.1m | ▲ 41.9% |
| Financial income75/76B | - | €0.007m | €4 | €247 | €0.001m | ▲ 248% |
| Recurring financial income75 | €0.001m | €0.007m | €4 | €247 | €0.001m | ▲ 248% |
| Financial charges65/66B | - | €0.005m | €0.002m | €0.002m | €0.002m | ▲ 44.8% |
| Recurring financial charges65 | €0.001m | €0.005m | €0.002m | €0.002m | €0.002m | ▲ 44.8% |
| Profit (loss) for the period before taxes9903 | €0.004m | -€0.01m | €0.9m | -€0.2m | -€0.1m | ▲ 41.6% |
| Income taxes67/77 | €0.004m | €0.002m | €0.2m | €0.001m | €0 | ▼ 100.0% |
| Profit (loss) for the period9904 | €234 | -€0.02m | €0.7m | -€0.2m | -€0.1m | ▲ 41.8% |
| Profit (loss) for the period to be appropriated9905 | €234 | -€0.02m | €0.7m | -€0.2m | -€0.1m | ▲ 41.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €0.2m | €0.3m | €1.8m | €0.6m | €0.4m | ▼ 35.2% |
| Formation expenses20 | €0.009m | €0.007m | €0.004m | €0.002m | €322 | ▼ 81.5% |
| Fixed assets21/28 | - | €0.001m | €0.03m | €0.05m | €0.04m | ▼ 18.9% |
| Tangible fixed assets22/27 | - | €0.001m | €0.03m | €0.05m | €0.04m | ▼ 24.1% |
| Furniture and vehicles24 | - | €0.001m | €0.03m | €0.05m | €0.04m | ▼ 24.1% |
| Financial fixed assets28 | - | - | - | - | €0.003m | - |
| Current assets29/58 | €0.2m | €0.3m | €1.8m | €0.6m | €0.4m | ▼ 36.5% |
| Amounts receivable after more than one year29 | - | - | - | €0.01m | €0.01m | = |
| Other amounts receivable291 | - | - | - | €0.01m | €0.01m | = |
| Amounts receivable within one year40/41 | €0.2m | €0.3m | €1.6m | €0.3m | €0.2m | ▼ 37.1% |
| Trade receivables40 | - | €0.3m | €1.5m | €0.3m | €0.2m | ▼ 43.0% |
| Other amounts receivable41 | - | €0.001m | €0.06m | €0.009m | €0.03m | ▲ 187% |
| Cash at bank and in hand54/58 | €0.002m | €0.004m | €0.2m | €0.2m | €0.1m | ▼ 47.4% |
| Deferred charges and accrued income490/1 | - | €0.008m | €0.02m | €0.001m | €0.02m | ▲ 20× |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €0.2m | €0.3m | €1.8m | €0.6m | €0.4m | ▼ 35.2% |
| Equity10/15 | €0.006m | -€0.01m | €0.7m | €0.5m | €0.3m | ▼ 29.6% |
| Contributions10/11 | - | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Profit (loss) carried forward14 | €234 | -€0.02m | €0.7m | €0.4m | €0.3m | ▼ 30.0% |
| Amounts payable17/49 | €0.2m | €0.4m | €1.2m | €0.2m | €0.09m | ▼ 49.6% |
| Amounts payable after more than one year17 | - | - | - | €0.005m | €0 | ▼ 100% |
| Financial debts170/4 | - | - | - | €0.005m | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €0.2m | €0.4m | €1.2m | €0.2m | €0.09m | ▼ 48.4% |
| Current portion of amounts payable after more than one year42 | - | €0 | - | €0.005m | €0.005m | ▼ 3.7% |
| Financial debts43 | - | €0.01m | €0 | - | - | - |
| Credit institutions430/8 | - | €0.01m | €0 | - | - | - |
| Trade debts44 | €0.001m | €0.02m | €0.9m | €0.07m | €0.03m | ▼ 63.7% |
| Suppliers440/4 | - | €0.02m | €0.9m | €0.07m | €0.03m | ▼ 63.7% |
| Taxes, remuneration and social security45 | - | €0.3m | €0.3m | €0.09m | €0.06m | ▼ 38.4% |
| Taxes450/3 | - | €0.1m | €0.3m | €0.05m | €0.009m | ▼ 81.6% |
| Remuneration and social security454/9 | - | €0.2m | €0.04m | €0.05m | €0.05m | ▲ 6.3% |
| Other amounts payable47/48 | - | €0.008m | €0 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €389 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €234 | -€16,788 | €694,481 | -€230,463 | -€134,092 | ▲ 41.8% |
| + Depreciation and write-downs630 | €2,974 | €2,714 | €6,661 | €21,009 | €25,880 | ▲ 23.2% |
| Operating cash flow (approximation) | €3,209 | -€14,075 | €701,141 | -€209,454 | -€108,213 | ▲ 48.3% |
| Investment in fixed assets (approximation) | - | - | -€33,262 | -€45,763 | -€15,936 | ▲ 65.2% |
| Change in cash | - | €2,229 | €216,240 | -€4,407 | -€102,456 | ▼ 2,225% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 22-07-2025 | 2025-00294637 | |
| 31-12-2023 | full format | 30-08-2024 | 2024-00434056 | |
| 31-12-2022 | full format | 12-07-2023 | 2023-00229428 | |
| 31-12-2021 | full format | 22-06-2022 | 2022-20081556 | |
| 31-12-2020 | full format | 13-08-2021 | 2021-48400242 |
Board & ownership
Directors
Directors
2 directors, last change in 2023
RAJAO MAIO Joao Alberto
Current
Director (not named in the articles) · since 26-03-2019 · term without a fixed end · listed in the 2024 annual accounts, filed on 22-07-2025
RAJAO MAIO José Manuel
Current
Director (not named in the articles) · since 26-03-2019 · earlier manager, until 25-07-2023 · term without a fixed end · listed in the 2024 annual accounts, filed on 22-07-2025
Owners and capital
Capital transactions
Capital over time
- 25-07-2023 Converted to unavailable equity
Mandate history
2 people, 2 in office
- Board
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| RAJAO MAIO Joao Alberto |
|
| RAJAO MAIO José Manuel |
|
Articles of association
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Pas requise si dettes seulement envers actionnaires et accord écrit de tous actionnaires créanciers, majorité simple des voix”
Articles of association, deed of 25-07-2023 (in French)
Network & group
MP-I TECHNICAL SERVICES shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of MP-I TECHNICAL SERVICES. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
2025
22-07
micro format · 9 days before the deadline
2024
30-08
full format · 30 days late
2023
31-12
Financial
Weakest financial yearnet -€230,463
The net result drops to -€230,463, the lowest from 2020 to 2024.
31-12
Financial
Liquidity more than doubledcurrent ratio 3.36
The current ratio rises from 1.56 to 3.36. Short-term debt falls from €1.2m to €171,452.
25-07
Gazette deed
2 directors appointed, 1 manager resigningChange of role: RAJAO MAIO José Manuel, from manager to director · Appointment: RAJAO MAIO Joao Alberto (director) · Permanent representative: RAJAO MAIO José Manuel5 points ▸
Gazette deed
2 directors appointed, 1 manager resigning
Change of role: RAJAO MAIO José Manuel, from manager to director · Appointment: RAJAO MAIO Joao Alberto (director) · Permanent representative: RAJAO MAIO José Manuel5 points ▸
- General meeting, 19-07-2023
- Director resignation, RAJAO MAIO José Manuel (manager)
- Director appointment, RAJAO MAIO José Manuel (director (not named in the articles))
- Director appointment, RAJAO MAIO Joao Alberto (director (not named in the articles))
- Permanent representative, RAJAO MAIO José Manuel
- The act holds 11 more points.
12-07
full format · 19 days before the deadline
2022
31-12
Financial
Back to profitnet €694,481
The net result is €694,481, after one loss-making year.
31-12
Financial
Equity above €500,000equity €684,126
Equity rises from -€10,354 to €684,126.
22-06
full format · 39 days before the deadline
2021
13-08
full format · 13 days late
2019
28-03
2 publications in the Belgian Official Gazette, the last on 25-07-2023
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
Opening faillissement
- Last annual accounts
- financial year to 31 December 2024
- Legal form
- Private limited company
- Active since
- 26 March 2019
Register details
Identity
Name
MP-I TECHNICAL SERVICES in French
Enterprise number
0723.604.855
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 25-07-2023 (in French)Name clauseThe company operates under this name according to its articles.
FL Assurances
deed of 25-07-2023 (in French)Registered office and establishments
Registered office
Julien Mulliestraat 22, 7711 Mouscron, Belgium
Establishment unit
MP-I TECHNICAL SERVICES, Julien Mulliestraat 22, 7711 Mouscron since 26-03-2019 · unit number 2.287.891.686
E-mail
jose.maiomp-i@outlook.com
Phone
+32476626902
Phone
+32476629103
Activities
NACEBEL 202543212
Electrical installation work in industrial facilities main activity
30200
Manufacture of other transport equipment
43211
General electrical installation work
Codes under NACEBEL 2008
43212
Specialised construction activities main activity
30200
Manufacture of other transport equipment
43211
Specialised construction activities
Joint committees
200 Aanvullend Paritair Comité voor de bedienden
149 Paritair Comité voor de sectors die aan de metaal-, machine- en elektrische bouw verwant zijn annual accounts 2024
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 25-07-2023 (in French)
“Les travaux en électromécanique et électrotechnique; Services nationaux et internationaux offshore dans le secteur pétrolier et gaz; La…”
24 activities
- Les travaux en électromécanique et électrotechnique
- Services nationaux et internationaux offshore dans le secteur pétrolier et gaz
- La maintenance et le support de plateformes de centrales éoliennes
- La fabrication et l’installation de panneaux photovoltaïques
- La maintenance de navires
- La construction de navires et de plateformes dans le secteur maritime
- L’industrie du pétrole et du gaz
- Les énergies renouvelables comme les industries de l’énergie thermique, éolienne et de labioénergie
- L’industrie chimique
- La maintenance des raffineries de pétrole
- Structures en métal pour la construction
- La sous-traitance pour l’industrie électrique
- L’installation et maintenance du matériel pour l’industrie de l’électronique
- Les chantiers navals et services de maintenance
- L’installation d'électricité industrielle de haute et basse tension, tant dans le secteur privé que dansle secteur public.
- La fabrication et le négoce, sous toutes ses formes, de tous matériels, appareils et accessoires serapportant à l'électricité industrielle et domestique.
- Les travaux d'installation électrotechnique de bâtiment.
- L’installation de systèmes d'éclairage et de signalisation pour chaussées, voies ferrées, aéroportset installations portuaires (y compris l'installation de panneaux de signalisation).
- La construction de réseaux électriques et de télécommunications.
- L’installation de câbles et appareils électriques.
- La conception, l'assemblage et l'entretien de systèmes de contrôle des processus industrielscontinus.
- La conception, l'assemblage et l'entretien d'unités de production automatisée comprenant plusieursmachines, équipements de manutention et appareils de contrôle centralisés.
- L'installation de systèmes d'alimentation de secours (groupes électrogènes).
- L’automation et la domotique.
Invoicing and payment
VAT number
BE 0723.604.855
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of May at 10:00
deed of 25-07-2023 (in French)Sites & property
Location
Buildings and parcels at the address
Ground area
296 m²
Building footprint
71 m²
Building volume
656 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 54003R0295/00_000 | Wallonia | 296 m² | 1 · 71 m² | 11.0 m · 3 |