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MPower 58

Open bankruptcy
Private limited company (pre-2019)founded 2016Essenlaan 11, 3600 Genk, BelgiumKBO/BCE: BE 0662.894.436
Summary

A bankruptcy procedure is open for MPower 58 according to publications in the Belgian Official Gazette. The 2023 annual accounts show equity of €20,681 and a net result of €28,050, of which €35,635 non-recurring income.

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MPower 58Open bankruptcy
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History

On 23 September 2016, MPower 58 was incorporated.1 Total assets went from €52,117 in 2018 to €49,484 in 2023.2 The company was declared bankrupt on 13 November 2025.3

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2023
  3. 3Belgian Official Gazette, 24-11-2025

Acts, filings and financial milestones

2025
24-11
Bankruptcy Opening
Enterprise Court of Antwerp, Hasselt division · judgment of 13-11-2025
2024
23-09
NBB filing Annual accounts filed
financial year 2023 · micro format · 54 days late
2023
23-11
NBB filing Annual accounts filed
financial year 2022 · micro format · 115 days late
2022
31-12
Financial Back to profitnet €38,665
Net result €38,665 after 2 loss-making years.
22-08
NBB filing Annual accounts filed
financial year 2021 · micro format · 22 days late
2021
31-12
Financial Weakest financial yearnet -€35,448
Net result drops to -€35,448, the lowest in the series.
28-06
NBB filing Annual accounts filed
financial year 2020 · micro format
28-06
NBB filing Annual accounts filed
financial year 2019 · micro format · 332 days late
28-06
NBB filing Annual accounts filed
financial year 2018 · micro format · 698 days late
2020
31-12
Financial Liquidity more than doubledcurrent ratio 2.65
Current ratio from 1.08 to 2.65; short-term debt falls from €54,726 to €21,483.
2019
31-12
Financial Back to profitnet €418
Net result €418 after one loss-making year.
2018
05-07
NBB filing Annual accounts filed
financial year 2017 · micro format
SignalFinancial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 6 deeds read
About the unread acts

We know of 6 Belgian Official 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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