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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.

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MSHALInactive
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Overview

Activity
Activity not known
Size
€99,452total assets 2021
Staff
1.5 FTE
Equity
€13,830
Loss
-€6,170
Turnover not published (micro format)
Financial health
Inactive: no score
Structure
2 of 4 deeds summarised
Signalsraises risk2021 accounts filed 152 days lateneutralPrior bankruptcyShow the evidence

Signals

Two signals.
raises riskneutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian Official Gazette, no current open procedure.
Belgian Official Gazette
raises risk · 2021 accounts filed 152 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 30-12-2022, 152 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 1 filing
Deviation from the deadline
2021
152 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2021 accounts 152 days after the deadline; the Belgian median for financial year 2021 is 3 days before the deadline, and 44% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Bankruptcy closure (insufficient assets)Enterprise Court of Antwerp, Antwerp…
  2. OpeningEnterprise Court of Antwerp, Antwerp…
  3. Resignation: Rabhi Smail (director)Appointment: Snoussi Mohamed (director) ·…

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.

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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.

Directors

Directors
1 director, last change in 2023
Snoussi Mohamed
Director · since 01-10-2023
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
2 of this company's 4 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

2 people since 2023, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Snoussi Mohamed
  • Director, until 01-02-2023
  • Director, from 01-10-2023 to date
Rabhi Smail
  • Director, from 01-02-2023 to 01-10-2023
See the board, name and registered office on a given date →

Insolvency mandates

1 mandate
Role Name Tenure
Trustee Pieter Mattheessens
Lange Lozanastraat 24, 2018 Antwerpen 1
 10-10-2024 → 10-06-2025

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

The registered office was moved to Zwijndrecht in 2024.1 MSHAL has filed annual accounts once, for financial year 2021.2 On 10 October 2024 the company was declared bankrupt; the bankruptcy was closed on 10 June 2025.34

  1. 1Belgian Official Gazette, 11-01-2024
  2. 2National Bank, annual accounts 2021
  3. 3Belgian Official Gazette, 20-11-2024
  4. 4Belgian Official Gazette, 13-06-2025

Acts, filings and financial milestones

2025
13-06
Bankruptcy Bankruptcy closure (insufficient assets)
Enterprise Court of Antwerp, Antwerp division · judgment of 10-06-2025
2024
20-11
Bankruptcy Opening
Enterprise Court of Antwerp, Antwerp division · judgment of 10-10-2024
11-01
Gazette deed Resignation: Rabhi Smail (director)
Appointment: Snoussi Mohamed (director) · Director discharge · Registered-office move5 facts ▸
  • General meeting, 01-10-2023
  • Director resignation, Rabhi Smail (director)
  • Director discharge, Rabhi Smail (director)
  • Director appointment, Snoussi Mohamed (director)
  • Registered-office move, Michel Vergauwenstraat 8 bus 3,2070 Zwijndrecht
2023
28-03
Gazette deed Resignation: Snoussi Mohamed (director)
Appointment: Rabhi Smail (director) · Director discharge4 facts ▸
  • General meeting, 01-02-2023
  • Director resignation, Snoussi Mohamed (director)
  • Director discharge, Snoussi Mohamed
  • Director appointment, Rabhi Smail (director)
2022
30-12
NBB filing Annual accounts filed
financial year 2021 · micro format · 152 days late
SignalGazette deedNBB filing
2 of 4 deeds read
About the unread acts

Of the 4 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

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Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

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