MxC
Open bankruptcyA bankruptcy procedure is open for MxC according to publications in the Belgian State Gazette; curator: PIERRE-EMMANUEL CORNIL.
Summary
The 2024 annual accounts show equity of €355,312 and a net result of -€56,876.
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 Hainaut, Charleroi division
- Declared bankrupt
- 30 March 2026
- Supervising judge
- Patrick Fautre
- Official Gazette
- 08-04-2026 (pdf) ↗search the document for 2026/115249
Deadlines
- Provisional date payments stopped
- 30 March 2026A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 23 April 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 29 April 2026art. XX.104 and XX.155 CEL
- First verification report
- passed on 27 May 2026Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- 30 March 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Pierre-Emmanuel CornilRue De Gozee, 137, 6110 Montigny-Le-Tilleul- . Date provisoire de cessation de paiement : 30/03/2026pe.cornil@codeca.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.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
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.Creditor guide for this company
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€56,876
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-05-2025, 77 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
77 d early
2023
30 d late
2022
31 d late
2021
8 d late
2020
38 d early
2019
101 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 9 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
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 Are there other customers at risk in your own list?List enrichment How is the Retail sale of clothing and accessories for women, men, children and babies (general range) sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€56,876▲ 66.1%
2023 · -€167,841
Working capital
€156,843▼ 19.5%
2023 · €194,880
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€50,236▼ 79.9%€91,093▲ 81.3%-€30,617-€168,078▼ 449%-€56,357▲ 66.5%
Net result€51,536within the sector's middle half▼ 79.4%€80,974within the sector's middle half▲ 57.1%-€31,235below the sector's middle half-€167,841below the sector's middle half▼ 437%-€56,876below the sector's middle half▲ 66.1%
Equity€530,290within the sector's middle half▲ 10.8%€611,265within the sector's middle half▲ 15.3%€580,029within the sector's middle half▼ 5.1%€412,188within the sector's middle half▼ 28.9%€355,312above the sector's middle half▼ 13.8%
Total assets€808,628within the sector's middle half▲ 2.8%€1.1mwithin the sector's middle half▲ 32.0%€1.0mwithin the sector's middle half▼ 6.1%€799,291within the sector's middle half▼ 20.3%€586,904above the sector's middle half▼ 26.6%
Debt€258,338▼ 10.3%€436,386▲ 68.9%€402,691▼ 7.7%€367,103▼ 8.8%€211,591▼ 42.4%
Working capital€289,900▲ 34.8%€372,539▲ 28.5%€360,482▼ 3.2%€194,880▼ 45.9%€156,843▼ 19.5%
Solvency65.6%above the sector's middle half▲ 4.7pp57.3%above the sector's middle half▼ 8.3pp57.8%above the sector's middle half▲ 0.6pp51.6%within the sector's middle half▼ 6.3pp60.5%within the sector's middle half▲ 9.0pp
Staff (FTE)18.5above the sector's middle half▼ 14.0%18.5above the sector's middle half24.1above the sector's middle half▲ 30.3%22.6▼ 6.2%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2024 Net result +66% on 2023. The accounts now follow the micro schema, last year the full schema.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €56,357 in 2024 against €168,078 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €586,904
Fixed assets
€253,380 ▼ 19.3%
Current assets
€333,524 ▼ 31.3%
Equity and liabilities €586,904
Equity
€355,312 ▼ 13.8%
Provisions
€20,000 =
Debt
€211,591 ▼ 42.4%
Debt's share of the balance-sheet total falls from 45.9% to 36.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€5,343▲
2023 · -€101,586
Cash flow
€4,824▲
2023 · -€101,349
Current ratio
1.89▲
2023 · 1.67
Debt to equity
0.60▼
2023 · 0.89
ROE
-16.0%▲
2023 · -40.7%
ROA
-9.7%▲
2023 · -21.0%
Interest coverage
5.42▲
2023 · -92.68
Debt ≤ 1 year
€176,681▼
2023 · €290,554
Debt > 1 year
€34,910▼
2023 · €76,549
Staff costs
€458,723▼
2023 · €684,091
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 | - | €556,699 | €668,074 | €684,091 | €458,723 | ▼ 32.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €54,966 | €76,530 | €64,489 | €66,492 | €61,700 | ▼ 7.2% |
| Other operating charges640/8 | - | €8,217 | €7,008 | €6,126 | €7,126 | ▲ 16.3% |
| Non-recurring operating charges66A | - | - | - | €74,228 | - | - |
| Gross operating margin9900 | €613,113 | €732,538 | €708,954 | €662,859 | €471,192 | ▼ 28.9% |
| Operating profit (loss)9901 | €50,236 | €91,093 | -€30,617 | -€168,078 | -€56,357 | ▲ 66.5% |
| Financial income75/76B | - | €9,552 | €3,616 | €1,332 | €467 | ▼ 65.0% |
| Recurring financial income75 | €1,448 | €6,575 | €3,616 | €1,332 | €467 | ▼ 65.0% |
| Non-recurring financial income76B | - | €2,977 | - | - | - | - |
| Financial charges65/66B | - | €6,890 | €4,235 | €1,096 | €985 | ▼ 10.1% |
| Recurring financial charges65 | €1,659 | €6,890 | €4,235 | €1,096 | €985 | ▼ 10.1% |
| Profit (loss) for the period before taxes9903 | €50,026 | €93,755 | -€31,235 | -€167,841 | -€56,876 | ▲ 66.1% |
| Income taxes67/77 | -€1,510 | €12,781 | - | - | - | - |
| Profit (loss) for the period9904 | €51,536 | €80,974 | -€31,235 | -€167,841 | -€56,876 | ▲ 66.1% |
| Profit (loss) for the period to be appropriated9905 | €51,536 | €80,974 | -€31,235 | -€167,841 | -€56,876 | ▲ 66.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €808,628 | €1.1m | €1.0m | €799,291 | €586,904 | ▼ 26.6% |
| Fixed assets21/28 | €260,390 | €417,735 | €357,462 | €313,857 | €253,380 | ▼ 19.3% |
| Tangible fixed assets22/27 | €205,337 | €362,681 | €302,408 | €258,804 | €198,326 | ▼ 23.4% |
| Furniture and vehicles24 | - | €0 | €0 | €0 | €980 | ▲ 4,898,250% |
| Other tangible fixed assets26 | - | €362,681 | €302,408 | €258,803 | €197,346 | ▼ 23.7% |
| Financial fixed assets28 | €55,054 | €55,054 | €55,054 | €55,054 | €55,054 | = |
| Current assets29/58 | €548,238 | €649,916 | €645,258 | €485,434 | €333,524 | ▼ 31.3% |
| Stocks and contracts in progress3 | €56,863 | €48,179 | €42,911 | €10,969 | - | - |
| Stocks30/36 | - | €48,179 | €42,911 | €10,969 | - | - |
| Amounts receivable within one year40/41 | €190,408 | €224,820 | €349,276 | €226,807 | €92,086 | ▼ 59.4% |
| Trade receivables40 | - | €142,910 | €198,315 | €150,720 | €70,910 | ▼ 53.0% |
| Other amounts receivable41 | - | €81,911 | €150,961 | €76,088 | €21,177 | ▼ 72.2% |
| Cash at bank and in hand54/58 | €294,384 | €367,071 | €183,017 | €153,260 | €133,188 | ▼ 13.1% |
| Deferred charges and accrued income490/1 | - | €9,846 | €70,054 | €94,398 | €108,250 | ▲ 14.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €808,628 | €1.1m | €1.0m | €799,291 | €586,904 | ▼ 26.6% |
| Equity10/15 | €530,290 | €611,265 | €580,029 | €412,188 | €355,312 | ▼ 13.8% |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | - | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Issued capital100 | - | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Reserves13 | €6,150 | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Non-distributable reserves130/1 | - | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Legal reserve130 | - | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Profit (loss) carried forward14 | €462,640 | €543,615 | €512,379 | €344,538 | €287,662 | ▼ 16.5% |
| Provisions and deferred taxes16 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Provisions for liabilities and charges160/5 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Environmental obligations163 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Amounts payable17/49 | €258,338 | €436,386 | €402,691 | €367,103 | €211,591 | ▼ 42.4% |
| Amounts payable after more than one year17 | - | €159,010 | €117,915 | €76,549 | €34,910 | ▼ 54.4% |
| Financial debts170/4 | - | €159,010 | €117,915 | €76,549 | €34,910 | ▼ 54.4% |
| Amounts payable within one year42/48 | €258,338 | €277,376 | €284,775 | €290,554 | €176,681 | ▼ 39.2% |
| Current portion of amounts payable after more than one year42 | - | €40,824 | €41,094 | €41,366 | €41,639 | ▲ 0.7% |
| Trade debts44 | €88,382 | €132,103 | €135,799 | €112,198 | €57,423 | ▼ 48.8% |
| Suppliers440/4 | - | €132,103 | €135,799 | €112,198 | €57,423 | ▼ 48.8% |
| Taxes, remuneration and social security45 | - | €104,449 | €107,882 | €136,991 | €77,619 | ▼ 43.3% |
| Taxes450/3 | - | €31,950 | €16,880 | €48,772 | €4,364 | ▼ 91.1% |
| Remuneration and social security454/9 | - | €72,499 | €91,002 | €88,218 | €73,255 | ▼ 17.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €51,536 | €80,974 | -€31,235 | -€167,841 | -€56,876 | ▲ 66.1% |
| + Depreciation and write-downs630 | €54,966 | €76,530 | €64,489 | €66,492 | €61,700 | ▼ 7.2% |
| Operating cash flow (approximation) | €106,502 | €157,504 | €33,254 | -€101,349 | €4,824 | ▲ 105% |
| Investment in fixed assets (approximation) | - | -€233,874 | -€4,216 | -€22,887 | -€1,222 | ▲ 94.7% |
| Change in cash | - | €72,687 | -€184,054 | -€29,757 | -€20,072 | ▲ 32.5% |
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
08-04
Bankruptcy
Opening
Tribunal de l’entreprise du Hainaut, division Charleroi · event 30-03-2026
2025
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 8 days late
2021
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €500,000Eq €530,290 ▲10.8%
2 profitable years in a row build equity to €530,290.
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 101 days late
11-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 195 days late
11-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 560 days late
2019
31-12
Financial
Back to profitnet €250,537
Net result €250,537 after one loss-making year.
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 91 days late
2016
17-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 78 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Ham-sur-Heure-Nalinnes · 4 establishment units since 1988
Ground area
7.4 ha
Building footprint
4.5 ha
Volume, LiDAR
364,611 m³
5 parcels, Wallonia · tallest building 15.0 m, ±3 floors. Linked by address, not a title deed.
4 establishment units
Rue de Montigny 27, 6000 Charleroi
since 19882.040.705.497
IKKS
since 20082.186.936.066
IKKS JUNIOR ET WOMEN
since 20162.255.983.042
Ikks GS
since 20212.350.153.810
5 parcels
Wallonia
5
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53402A0191/00H015 | Wallonia | 7.0 ha | 1 · 4.4 ha | 14.3 m · 3 fl. |
| 25783E0243/00A002 | Wallonia | 1,567 m² | 1 · 579 m² | 15.0 m · 2 fl. |
| 52011C0046/00S002 | Wallonia | 1,195 m² | 1 · 393 m² | - |
| 56048B0528/00F000 | Wallonia | 561 m² | 1 · 79 m² | 11.8 m · 3 fl. |
| 92094C1038/00C000 ProtectedSite or landscape |
Wallonia | 154 m² | 1 · 79 m² | 14.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
5 of 5 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PIERRE-EMMANUEL CORNIL RUE DE GOZEE, 137,
6110 MONTIGNY-LE-TILLEUL- .
Date provisoire de cessation de paiement : 30/03/2026 |
30-03-2026 → present |
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Of 6,495 companies in sector 47716 we hold annual accounts for 2,440. 1,591 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded29-09-1988
Fiscal year end31-12
Activities, NACEBEL 2025
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0435488725
Also
9925:BE0435488725
Registered
15-12-2025
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.