Bankrupt · Opening faillissement (CBE)

MEN IN BUSINESS

BE0650579097

Rechtspersoon Private limited company 5 establishments

MEN IN BUSINESS is a clothing shop in Beloeil. Private Limited, started on 18 March 2016, 5 establishments.

Chaussée Brunehaut (Que) 121, 7972 Beloeil

Behind the company: JALAL HANOUT.

Start date

18 March 2016

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 1 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 17 % of short-term debt in 2021; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2021

MEN IN BUSINESS from Beloeil, company number BE0650579097, closed financial year 2021 with a result of € -361,853 after tax. For that financial year MEN IN BUSINESS recorded a gross margin of € 255,160 and equity of € -1.7 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 August 31, 2022.

What it is worth Caution

€ -1.7 million

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

Loss Caution

€ -361,853

Profit after tax over the fiscal year.

Cash in the bank

€ 283,661

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 € -1.7 million.

People and assets in 2021

Full-time equivalents

14

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

Wage cost

€ 413,111

€ 29,500 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

€ 1,190

Book value of vehicles, furniture and equipment.

Debts at end 2021

Bank debt ≈ 11 years to go

€ 845,763

€ 75,351 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.

Owed to suppliers

€ 569,578

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

Taxes and wages

€ 773,682

Taxes, VAT and social contributions still to pay.

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What happened to MEN IN BUSINESS?

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

MEN IN BUSINESS is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2021: loss of € 361,853. filed late Source: NBB ↗
  • New establishment in Wijnegem. KBO
  • New establishment in Charleroi. KBO
  • New establishment in Charleroi. KBO
  • New establishment in Boussu. KBO
  • New establishment in Liège. KBO
  • JALAL HANOUT became a director. NBB
  • Start of the company according to the CBE. KBO

In short

On average € 18,200 of value added per employee in 2021.

Management

JALAL HANOUT
MEN IN BUSINESS

Behind MEN IN BUSINESS is JALAL HANOUT.

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Directors

According to the 2021 annual accounts

JALAL HANOUT

Manager

since 2016

Establishments

Establishment units

Physical locations of this company

Registered office

Chaussée Brunehaut (Que) 121

7972 Beloeil

2.258.244.330

Rue de Mons(H) 163

7301 Boussu

Active since 17 October 2016

2.252.790.554

Quai des Vennes 1

4020 Liège

Active since 13 May 2016

2.268.854.843

Grand'rue 143

6000 Charleroi

Active since 1 December 2017

2.262.179.758

Place Verte 20

6000 Charleroi

Active since 9 March 2017

2.269.860.772

Turnhoutsebaan 5

2110 Wijnegem

Active since 11 December 2017

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

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

Details

Company number
0650.579.097
VAT number
BE 0650.579.097
Registered office
Chaussée Brunehaut (Que) 121, 7972 Beloeil
Names & denominations
MEN IN BUSINESS · MIB
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
18 March 2016
Peppol
Not registered
Activities · NACE

Detailhandel in kledingaccessoires

Detailhandel in schoeisel

Detailhandel in onderkleding, lingerie en strand- en badkleding

Detailhandel in herenbovenkleding

Detailhandel in damesbovenkleding

Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)

Detailhandel in lederwaren en reisartikelen

Frequently asked questions

What does MEN IN BUSINESS do?
MEN IN BUSINESS is a clothing shop in Beloeil. Private Limited, started on 18 March 2016, 5 establishments.
What is the address of MEN IN BUSINESS?
The registered office of MEN IN BUSINESS is located at Chaussée Brunehaut (Que) 121, 7972 Beloeil.
Is MEN IN BUSINESS still active?
No. The CBE lists MEN IN BUSINESS 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 MEN IN BUSINESS registered on Peppol?
No, MEN IN BUSINESS is currently not registered on the Peppol network.
What is the enterprise number of MEN IN BUSINESS?
The enterprise number of MEN IN BUSINESS is BE0650579097.
When was MEN IN BUSINESS founded?
MEN IN BUSINESS was founded on 18 March 2016.