Bankrupt · Opening faillissement (CBE)

MUSIMAP

BE0568490472

Rechtspersoon Public limited company 2 establishments

MUSIMAP is an IT company in Watermaal-Bosvoorde. Public Limited, started on 8 January 2015, 2 establishments.

Georges Benoidtlaan 21, 1170 Watermaal-Bosvoorde

Behind the company: Pierre LEBECQUE, Patrick ZUCCHETTA.

Start date

8 January 2015

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 1 of the last 2 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2021 and 2022.

  • Tight liquidity NBB

    Cash and receivables cover 24 % of short-term debt in 2022; threshold 65 %.

  • Busy address KBO

    13 other companies have their registered office at the same address; threshold 10.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

MUSIMAP from Watermaal-Bosvoorde, company number BE0568490472, closed financial year 2022 with a result of € -2.3 million after tax. For that financial year MUSIMAP recorded a gross margin of € 17,723 and equity of € -1.6 million. Compared with financial year 2021, the result moved from € -613,258 to € -2.3 million. 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 December 21, 2023.

What it is worth Caution

€ -1.6 million

▼ € 2.3 million vs 2021

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -2.3 million

▼ 275 % more loss than in 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 44,169

▼ 49% vs 2021

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -3.6 million.

People and assets in 2022

Full-time equivalents

2.3

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 266,847

▼ 52% vs 2021

€ 116,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 9,663

Book value of vehicles, furniture and equipment.

Debts at end 2022

Bank debt ≈ 14 years to go

€ 1.5 million

▲ € 1.2 million vs 2021

€ 108,580 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.

Owed to suppliers

€ 33,392

▼ 72% vs 2021

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 118,267

▲ € 102,203 vs 2021

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
20212022Change 2021 → 2022
Revenue € 383,349 -
Gross margin € 312,655 € 17,723 ▼ 94%
Profit after taxes € -613,258 € -2,300,995 ▼ € 1.7 million
Equity € 673,865 € -1,627,130 ▼ € 2.3 million
Total debts € 1,477,039 € 1,701,954 ▲ 15%
Cash € 85,839 € 44,169 ▼ 49%
Retained profit € -1,326,135 € -3,627,130 ▼ € 2.3 million
Bank debt € 377,292 € 1,548,809 ▲ € 1.2 million
Balance sheet total € 2,150,904 € 74,824 ▼ 97%
Employees (FTE) - 2.3

Key figures of MUSIMAP, 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 MUSIMAP?

What happened at MUSIMAP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

MUSIMAP is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2022: loss of € 2.3 million. filed late Source: NBB ↗
  • Pierre LEBECQUE became a director. NBB
  • Bastien Louis ALBERT VIDAL stepped down as director. NBB
  • Bastien Louis ALBERT VIDAL became a director. NBB
  • Roy Fransiscus JOHANNA VAN SON stepped down as director. NBB
  • Susanne SPANG KIMMERLING stepped down as director. NBB
  • New establishment in Oudergem. KBO
  • New establishment in Liège. KBO

In short

From € 613,258 loss in 2021 to € 2.3 million loss in 2022.

On average € 7,700 of value added per employee in 2022.

Management

Pierre LEBECQUE Patrick ZUCCHETTA
MUSIMAP

Behind MUSIMAP are Pierre LEBECQUE and Patrick ZUCCHETTA.

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Directors

According to the 2022 annual accounts

Pierre LEBECQUE

Director

since 2023

Patrick ZUCCHETTA

Director

Roy Fransiscus JOHANNA VAN SON

Director

· until 2022

Susanne SPANG KIMMERLING

Director

· until 2022

Bastien Louis ALBERT VIDAL

Director

since 2023 · until 2023

Establishments

Establishment units

Physical locations of this company

Registered office

Georges Benoidtlaan 21

1170 Watermaal-Bosvoorde

2.241.053.257

Rue de-Harlez 51

4000 Liège

Active since 1 April 2015

2.285.928.823

Vrijwilligerslaan 19

1160 Oudergem

Active since 1 June 2018

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0568.490.472
VAT number
BE 0568.490.472
Registered office
Georges Benoidtlaan 21, 1170 Watermaal-Bosvoorde
Names & denominations
MUSIMAP
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Opening faillissement
Start date
8 January 2015
Peppol
Not registered
Activities · NACE

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Frequently asked questions

What does MUSIMAP do?
MUSIMAP is an IT company in Watermaal-Bosvoorde. Public Limited, started on 8 January 2015, 2 establishments.
What is the address of MUSIMAP?
The registered office of MUSIMAP is located at Georges Benoidtlaan 21, 1170 Watermaal-Bosvoorde.
Is MUSIMAP still active?
No. The CBE lists MUSIMAP with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is MUSIMAP registered on Peppol?
No, MUSIMAP is currently not registered on the Peppol network.
What is the enterprise number of MUSIMAP?
The enterprise number of MUSIMAP is BE0568490472.
When was MUSIMAP founded?
MUSIMAP was founded on 8 January 2015.