MUMSA
InactiveMUMSA was declared bankrupt on 06-10-2022 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed by liquidation by judgment of 26-03-2024, published in the Belgian State Gazette on 02-04-2024.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 4 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline26-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 01-10-2021, 62 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
62 d late
2019
91 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 77 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2020, micro schema
Equity
-€5,729
2019 · €6,072
Total assets
€25,397▼ 11.5%
2019 · €28,684
Net result
-€11,801
2019 · €8,682
Working capital
-€17,621
2019 · €3,063
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Operating result-€22,325-€8,878-€10,850
Net result-€22,451-€8,682-€11,801
Equity-€12,610-€6,072-€5,729
Total assets€26,616-€28,684▲ 7.8%€25,397▼ 11.5%
Debt€39,226-€22,611▼ 42.4%€31,125▲ 37.7%
Working capital-€17,124-€3,063-€17,621
Staff (FTE)2.3-1.7▼ 26.1%1▼ 41.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €10,850 after €8,878 in 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €25,397
Fixed assets
€11,892 ▲ 295%
Current assets
€13,504 ▼ 47.4%
Key figures and ratios
EBITDA
-€8,279▼
2019 · €10,382
Cash flow
-€9,230▼
2019 · €10,187
Solvency
-22.6%▼
2019 · 21.2%
Current ratio
0.43▼
2019 · 1.14
Quick ratio
0.39▼
2019 · 0.91
ROA
-46.5%▼
2019 · 30.3%
Debt ≤ 1 year
€31,125▲
2019 · €22,611
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,505 | €1,505 | €2,571 | ▲ 70.9% |
| Gross operating margin9900 | €57,487 | €71,431 | €25,640 | ▼ 64.1% |
| Operating profit (loss)9901 | -€22,325 | €8,878 | -€10,850 | ▼ 222% |
| Recurring financial income75 | - | €1 | €0 | ▼ 97.6% |
| Recurring financial charges65 | €126 | €71 | €951 | ▲ 1,237% |
| Profit (loss) for the period before taxes9903 | -€22,451 | €8,807 | -€11,801 | ▼ 234% |
| Income taxes67/77 | - | €125 | - | - |
| Profit (loss) for the period9904 | -€22,451 | €8,682 | -€11,801 | ▼ 236% |
| Profit (loss) for the period to be appropriated9905 | -€22,451 | €8,682 | -€11,801 | ▼ 236% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €26,616 | €28,684 | €25,397 | ▼ 11.5% |
| Fixed assets21/28 | €4,514 | €3,009 | €11,892 | ▲ 295% |
| Tangible fixed assets22/27 | €4,514 | €3,009 | €11,892 | ▲ 295% |
| Financial fixed assets28 | - | - | €0 | - |
| Current assets29/58 | €22,102 | €25,675 | €13,504 | ▼ 47.4% |
| Stocks and contracts in progress3 | €2,500 | €5,000 | €1,279 | ▼ 74.4% |
| Amounts receivable within one year40/41 | - | €10,894 | €1,027 | ▼ 90.6% |
| Cash at bank and in hand54/58 | €19,602 | €9,781 | €8,281 | ▼ 15.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €26,616 | €28,684 | €25,397 | ▼ 11.5% |
| Equity10/15 | -€12,610 | €6,072 | -€5,729 | ▼ 194% |
| Contributions10/11 | €18,600 | €18,600 | €0 | ▼ 100% |
| Profit (loss) carried forward14 | -€31,210 | -€12,528 | -€24,329 | ▼ 94.2% |
| Amounts payable17/49 | €39,226 | €22,611 | €31,125 | ▲ 37.7% |
| Amounts payable within one year42/48 | €39,226 | €22,611 | €31,125 | ▲ 37.7% |
| Trade debts44 | €4,038 | €1,185 | €5,121 | ▲ 332% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€22,451 | €8,682 | -€11,801 | ▼ 236% |
| + Depreciation and write-downs630 | €1,505 | €1,505 | €2,571 | ▲ 70.9% |
| Operating cash flow (approximation) | -€20,947 | €10,187 | -€9,230 | ▼ 191% |
| Investment in fixed assets (approximation) | - | €0 | -€11,454 | - |
| Change in cash | - | -€9,821 | -€1,500 | ▲ 84.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
02-04
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 26-03-2024
2022
12-10
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 06-10-2022
2021
01-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 62 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Back to profitnet €8,682
Net result €8,682 after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.14
Current ratio from 0.56 to 1.14; short-term debt falls from €39,226 to €22,611.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
17-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State 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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Directors · office · real estate
Directors
2 acts for this company are 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JAN BERGMANS EIKENSTRAAT 80, 2840 RUMST- |
06-10-2022 → 26-03-2024 |