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MSHAL

Inactive
KBO/BCE: BE 0748.482.385

MSHAL was declared bankrupt on 10-10-2024 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 10-06-2025, published in the Belgian Official Gazette on 13-06-2025.

Summary

Inactive; last annual accounts for financial year 2021.

MSHALInactive

Financials · financial year 2021, micro format

2021 annual accounts filed late (152 days) Filed on 30 December 2022, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2023-20553562.

Equity
€13,830
Total assets
€99,452
Net result
-€6,170
Working capital
-€27,984

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €99,452
Fixed assets €41,814
Current assets €57,637
Equity and liabilities €99,452
Equity €13,830
Debt €85,621
Debt finances 86.1% of the balance-sheet total.
Key figures and ratios
2021 value
Current ratio
0.67
Quick ratio
0.39
Debt to equity
6.19
ROE
-44.6%
ROA
-6.2%
Debt ≤ 1 year
€85,621
Staff costs
€23,923
Annual accounts
Filed annual accounts As filed with the NBB · 2021 · 33 lines
Balance sheet Code2021
Assets
Total assets20/58€99,452
Fixed assets21/28€41,814
Tangible fixed assets22/27€41,814
Furniture and vehicles24€41,814
Current assets29/58€57,637
Stocks and contracts in progress3€24,000
Stocks30/36€24,000
Amounts receivable within one year40/41€33,368
Trade receivables40€33,368
Cash at bank and in hand54/58€270
Equity and liabilities
Total equity and liabilities10/49€99,452
Equity10/15€13,830
Contributions10/11€20,000
Profit (loss) carried forward14-€6,170
Amounts payable17/49€85,621
Amounts payable within one year42/48€85,621
Trade debts44€8,992
Suppliers440/4€8,992
Taxes, remuneration and social security45€14,462
Taxes450/3€1,900
Remuneration and social security454/9€12,563
Other amounts payable47/48€62,167
Income statement Code2021
Remuneration, social security and pensions62€23,923
Other operating charges640/8€2,421
Non-recurring operating charges66A€9,200
Gross operating margin9900€29,565
Operating profit (loss)9901-€5,979
Financial charges65/66B€191
Recurring financial charges65€191
Profit (loss) for the period before taxes9903-€6,170
Profit (loss) for the period9904-€6,170
Profit (loss) for the period to be appropriated9905-€6,170
Appropriation of the result
Profit (loss) to be appropriated9906-€6,170

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021
Remuneration, social security and pensions62€23,923
Other operating charges640/8€2,421
Non-recurring operating charges66A€9,200
Gross operating margin9900€29,565
Operating profit (loss)9901-€5,979
Financial charges65/66B€191
Recurring financial charges65€191
Profit (loss) for the period before taxes9903-€6,170
Profit (loss) for the period9904-€6,170
Profit (loss) for the period to be appropriated9905-€6,170
Line2021
Assets
Total assets20/58€99,452
Fixed assets21/28€41,814
Tangible fixed assets22/27€41,814
Furniture and vehicles24€41,814
Current assets29/58€57,637
Stocks and contracts in progress3€24,000
Stocks30/36€24,000
Amounts receivable within one year40/41€33,368
Trade receivables40€33,368
Cash at bank and in hand54/58€270
Equity and liabilities
Total equity and liabilities10/49€99,452
Equity10/15€13,830
Contributions10/11€20,000
Profit (loss) carried forward14-€6,170
Amounts payable17/49€85,621
Amounts payable within one year42/48€85,621
Trade debts44€8,992
Suppliers440/4€8,992
Taxes, remuneration and social security45€14,462
Taxes450/3€1,900
Remuneration and social security454/9€12,563
Other amounts payable47/48€62,167
Line2021
Profit (loss) for the period9904-€6,170
Operating cash flow (approximation)-€6,170

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2021 micro format 30-12-2022 2023-20553562

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.