MPS-MANAGEMENT
InactiveMPS-MANAGEMENT was declared bankrupt on 02-02-2023 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed by liquidation by judgment of 02-07-2024, published in the Belgian State Gazette on 11-07-2024.
Summary
Inactive; last annual accounts for fiscal year 2021.
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 31-12-2022, 4 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 · 6 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 27-07-2022, 4 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
4 d early
2020
31 d early
2019
74 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, abbreviated schema
Equity
€70k▲ 52.0%
2020 · €46k
2018: €-10k
2019: €-6k
2020: €46k
2018 → 2021
Total assets
€291k▲ 24.1%
2020 · €235k
2018: €244k
2019: €236k
2020: €235k
2018 → 2021
Net result
€24k▼ 53.6%
2020 · €52k
2018: €-27k
2019: €5k
2020: €52k
2018 → 2021
Working capital
€-132k▲ 5.4%
2020 · €-140k
2018: €-148k
2019: €-183k
2020: €-140k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€-10k-€-6k▲ 46.7%€46k€70k▲ 52.0%
Operating result€-24k-€8k€66k▲ 696%€54k▼ 18.3%
Net result€-27k-€5k€52k▲ 963%€24k▼ 53.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2021; 2021 is 18% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €291k
Fixed assets
€216k ▲ 1.2%
Current assets
€75k ▲ 255%
Equity and liabilities €291k
Equity
€70k ▲ 52.0%
Debt
€221k ▲ 17.2%
Debt's share of the balance-sheet total falls from 80.4% to 75.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€55k▼
2020 · €66k
Cash flow
€26k▼
2020 · €52k
Current ratio
0.36▲
2020 · 0.13
Debt to equity
3.15▲
2020 · 0.57
ROE
34.2%▼
2020 · 112.0%
ROA
8.2%▼
2020 · 22.0%
Interest coverage
32.51
Debt ≤ 1 year
€207k▲
2020 · €161k
Debt > 1 year
€9k▼
2020 · €26k
Income taxes
€14k▲
2020 · €12k
Staff costs
€14k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 53 lines
Balance sheet
Code20202021
Assets
Total assets20/58€235k€291k▲
Fixed assets21/28€213k€216k▲
Tangible fixed assets22/27€1k€4k▲
Plant, machinery and equipment23-€861
Furniture and vehicles24-€3k
Financial fixed assets28€212k€212k=
Current assets29/58€21k€75k▲
Amounts receivable within one year40/41€17k€24k▲
Trade receivables40-€24k
Other amounts receivable41-€581
Cash at bank and in hand54/58€1k-
Deferred charges and accrued income490/1-€51k
Equity and liabilities
Total equity and liabilities10/49€235k€291k▲
Equity10/15€46k€70k▲
Contributions10/11-€6k
Reserves13€40k€64k▲
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Distributable reserves133-€62k
Profit (loss) carried forward14€-27k-
Amounts payable17/49€188k€221k▲
Amounts payable after more than one year17€26k€9k▼
Financial debts170/4-€9k
Amounts payable within one year42/48€161k€207k▲
Current portion of amounts payable after more than one year42-€17k
Financial debts43-€1k
Credit institutions430/8-€1k
Trade debts44€382€66▼
Suppliers440/4-€66
Advances received on contracts in progress46-€14k
Taxes, remuneration and social security45-€26k
Taxes450/3-€26k
Remuneration and social security454/9-€9
Other amounts payable47/48-€149k
Accrued charges and deferred income492/3-€5k
Income statement
Code20202021
Remuneration, social security and pensions62-€14k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€195€2k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€435
Other operating charges640/8-€1k
Gross operating margin9900€77k€71k▼
Operating profit (loss)9901€66k€54k▼
Financial income75/76B-€0
Recurring financial income75€28€0▼
Financial charges65/66B-€15k
Recurring financial charges65€2k€2k▼
Non-recurring financial charges66B-€14k
Profit (loss) for the period before taxes9903€63k€38k▼
Income taxes67/77€12k€14k▲
Profit (loss) for the period9904€52k€24k▼
Profit (loss) for the period to be appropriated9905€52k€24k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€24k
Transfer to equity691/2-€24k
To other reserves6921-€24k
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
11-07
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · MPS-MANAGEMENT BVBA SINT-PAULUSPLAATS 10, 2000 ANTWERPEN 1 · event 02-07-2024
2023
13-02
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · MPS-MANAGEMENT BVBA SINT-PAULUSPLAATS 10, 2000 ANTWERPEN 1 · event 02-02-2023
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €52k ▲963%
Operating result €66k, net result €52k, both a record.
13-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 74 days late
2019
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ALEXANDRE BASTENIER LEON STYNENSTRAAT 63,
2000 ANTWERPEN 1 |
02-02-2023 → 02-07-2024 |