Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2021 and 2022.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2022; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2022
MERCANTILE ENGINEERING, DEVELOPMENT AND INVESTMENT CORPORATION from Schilde, company number BE0416140490, closed financial year 2022 with a result of € -885 after tax. For that financial year MERCANTILE ENGINEERING, DEVELOPMENT AND INVESTMENT CORPORATION recorded revenue of € 0 and equity of € -41,576. Compared with financial year 2021, the result moved from € -165 to € -885. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2023.
€ -41,576
▼ € 874 vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -885
▼ 436 % more loss than in 2021
Profit after tax over the fiscal year.
€ 50
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -264,680.
Debts at end 2022
€ 17,284
▲ 5% vs 2021
Loans from banks and other lenders, long and short.
€ 24,292
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Profit after taxes | € -165 | € -885 | ▼ € 720 |
| Equity | € -40,702 | € -41,576 | ▼ € 874 |
| Total debts | € 40,752 | € 41,576 | ▲ 2% |
| Cash | € 50 | € 50 | |
| Retained profit | € -263,806 | € -264,680 | |
| Bank debt | € 16,460 | € 17,284 | ▲ 5% |
| Balance sheet total | € 50 | € 50 |
Key figures of MERCANTILE ENGINEERING, DEVELOPMENT AND INVESTMENT CORPORATION, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to MERCANTILE ENGINEERING, DEVELOPMENT AND INVESTMENT CORPORATION?
What happened at MERCANTILE ENGINEERING, DEVELOPMENT AND INVESTMENT CORPORATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
MERCANTILE ENGINEERING, DEVELOPMENT AND INVESTMENT CORPORATION is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2022: loss of € 885. Source: NBB ↗
- New establishment in Lier. KBO
- Start of the company according to the CBE. KBO
In short
From € 165 loss in 2021 to € 885 loss in 2022.
Establishments
Establishment units
Physical locations of this company
Molenstraat 61E
2970 Schilde
Zevenbergen 13
2500 Lier
Active since 18 March 2003
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0416.140.490
- VAT number
- BE 0416.140.490
- Registered office
- Molenstraat 61E, 2970 Schilde
- Names & denominations
- MERCANTILE ENGINEERING, DEVELOPMENT AND INVESTMENT CORPORATION · MEDICO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 3 August 1976
- Peppol
- Not registered