MVDE
Open bankruptcyA bankruptcy procedure is open for MVDE according to publications in the Belgian State Gazette; curator: NATHALIE BEERNAERT.
Summary
The 2024 annual accounts show equity of €18k and a net result of €12k.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Ghent, Kortrijk division
- Declared bankrupt
- 12 March 2026
- Supervising judge
- Jurgen Degeyter
- Official Gazette
- 18-03-2026 (pdf) ↗search the document for 2026/111284
Curator
- Nathalie BeernaertDammestraat-West 6, 8800 Roeselarenathalie.beernaert@advocaat.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-08-2025, 19 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
19 d late
2023
4 d late
2022
9 d late
2021
6 d early
2020
22 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox or domiciliation address?Address check Are there other customers at risk in your own list?Debtor check How is the Limited-service restaurants, excluding mobile food services sector doing?Sector figures
Financials · fiscal year 2024, micro schema
Equity
€18k▲ 168%
2023 · €7k
Total assets
€35k▲ 84.2%
2023 · €19k
Net result
€12k
2023 · €-3k
Working capital
€-5k
2023 · €1k
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
Line20202021202220232024
Operating result€23k-€-21k€12k€-2k€13k
Net result€18k-€-21k€12k€-3k€12k
Equity€19k-€-2k€10k€7k▼ 31.1%€18k▲ 168%
Total assets€38k-€24k▼ 38.0%€24k▲ 1.8%€19k▼ 20.2%€35k▲ 84.2%
Debt€19k-€25k▲ 36.8%€14k▼ 44.9%€12k▼ 12.4%€17k▲ 37.1%
Working capital€7k-€-13k€-578▲ 95.5%€1k€-5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €13k after a loss of €2k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €35k
Fixed assets
€24k ▲ 331%
Current assets
€11k ▼ 15.5%
Equity and liabilities €35k
Equity
€18k ▲ 168%
Debt
€17k ▲ 37.1%
Debt's share of the balance-sheet total falls from 64.1% to 47.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€19k▲
2023 · €5k
Cash flow
€18k▲
2023 · €3k
Current ratio
0.68▼
2023 · 1.11
Debt to equity
0.91▼
2023 · 1.79
ROE
62.7%▲
2023 · -45.2%
ROA
32.8%▲
2023 · -16.2%
Interest coverage
13.80▲
2023 · 3.65
Debt ≤ 1 year
€17k▲
2023 · €12k
Staff costs
€21k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €21k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €4k | €4k | €7k | €6k | ▼ 4.9% |
| Other operating charges640/8 | - | €816 | €4k | €5k | €90k | ▲ 1,592% |
| Gross operating margin9900 | €26k | €-17k | €20k | €10k | €131k | ▲ 1,201% |
| Operating profit (loss)9901 | €23k | €-21k | €12k | €-2k | €13k | ▲ 816% |
| Financial income75/76B | - | €0 | - | - | - | - |
| Recurring financial income75 | €54 | €0 | - | - | - | - |
| Financial charges65/66B | - | €36 | €204 | €1k | €1k | ▲ 7.2% |
| Recurring financial charges65 | €465 | €36 | €204 | €1k | €1k | ▲ 7.2% |
| Profit (loss) for the period before taxes9903 | €23k | €-21k | €12k | €-3k | €12k | ▲ 472% |
| Income taxes67/77 | €5k | - | - | - | - | - |
| Profit (loss) for the period9904 | €18k | €-21k | €12k | €-3k | €12k | ▲ 472% |
| Profit (loss) for the period to be appropriated9905 | €18k | €-21k | €12k | €-3k | €12k | ▲ 472% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €38k | €24k | €24k | €19k | €35k | ▲ 84.2% |
| Formation expenses20 | €349 | €4 | - | - | - | - |
| Fixed assets21/28 | €12k | €11k | €11k | €6k | €24k | ▲ 331% |
| Intangible fixed assets21 | €1 | - | - | - | - | - |
| Tangible fixed assets22/27 | €12k | €11k | €11k | €6k | €24k | ▲ 331% |
| Plant, machinery and equipment23 | - | €7k | €5k | €4k | €20k | ▲ 412% |
| Furniture and vehicles24 | - | €4k | €5k | €2k | €4k | ▲ 140% |
| Current assets29/58 | €25k | €13k | €13k | €14k | €11k | ▼ 15.5% |
| Amounts receivable after more than one year29 | - | - | - | - | €3k | - |
| Other amounts receivable291 | - | - | - | - | €3k | - |
| Amounts receivable within one year40/41 | €7k | €8k | €2k | €6k | €323 | ▼ 94.9% |
| Trade receivables40 | - | €5k | €1k | €3k | - | - |
| Other amounts receivable41 | - | €3k | €1k | €3k | €323 | ▼ 88.8% |
| Cash at bank and in hand54/58 | €18k | €4k | €4k | €7k | €8k | ▲ 12.3% |
| Deferred charges and accrued income490/1 | - | €421 | €7k | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €38k | €24k | €24k | €19k | €35k | ▲ 84.2% |
| Equity10/15 | €19k | €-2k | €10k | €7k | €18k | ▲ 168% |
| Contributions10/11 | - | €2k | €2k | €2k | €2k | = |
| Reserves13 | €17k | - | - | - | - | - |
| Profit (loss) carried forward14 | - | €-4k | €8k | €5k | €16k | ▲ 238% |
| Amounts payable17/49 | €19k | €25k | €14k | €12k | €17k | ▲ 37.1% |
| Amounts payable within one year42/48 | €19k | €25k | €14k | €12k | €17k | ▲ 37.1% |
| Trade debts44 | €3k | €4k | €4k | €2k | €4k | ▲ 191% |
| Suppliers440/4 | - | €4k | €4k | €2k | €4k | ▲ 191% |
| Taxes, remuneration and social security45 | - | €14k | €4k | €7k | €12k | ▲ 67.1% |
| Taxes450/3 | - | €8k | €1k | €2k | €7k | ▲ 214% |
| Remuneration and social security454/9 | - | €6k | €3k | €5k | €5k | = |
| Other amounts payable47/48 | - | €7k | €6k | €3k | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18k | €-21k | €12k | €-3k | €12k | ▲ 472% |
| + Depreciation and write-downs630 | €2k | €4k | €4k | €7k | €6k | ▼ 4.9% |
| Operating cash flow (approximation) | €21k | €-17k | €16k | €3k | €18k | ▲ 418% |
| Investment in fixed assets (approximation) | - | €-2k | €-4k | €-1k | €-24k | ▼ 1,529% |
| Change in cash | - | €-15k | €639 | €3k | €892 | ▼ 68.7% |
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
2026
18-03
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 12-03-2026
2025
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
2024
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
04-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 4 days late
2023
09-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 9 days late
2022
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-21k
Net result drops to €-21k, the lowest in the series.
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
4 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
Registered office, Izegem · 2 establishment units since 2020
Ground area
886 m²
Building footprint
496 m²
Volume, LiDAR
2,833 m³
2 parcels, Flanders · tallest building 11.4 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Ronsesestraat 54, 9660 Brakel
since 20202.299.819.025
MARLYN
since 20242.358.350.211
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45028C0475/00A003 | Flanders | 530 m² | 1 · 304 m² | 11.4 m · 2 fl. |
| 36494D1312/00H000 | Flanders | 356 m² | 1 · 193 m² | 8.6 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | NATHALIE BEERNAERT DAMMESTRAAT-WEST 6,
8800 ROESELARE |
12-03-2026 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteIzegem2.358.350.211
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Of 21,861 companies in sector 56112 we hold annual accounts for 9,778. 7,981 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-03-2020
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
43211General electrical installation work
43410Roofing work
Scores and ratios are computed by Checked and are not a credit decision.