Bankrupt · Opening faillissement (CBE)

M.E.P.

BE0668401660

Rechtspersoon Private limited company 1 establishment

M.E.P. is a hospitality business in Brussel. Private Limited, started on 23 December 2016, 1 establishment.

Zaterdagplein 14, 1000 Brussel

Start date

23 December 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 2 of the last 2 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 31 % of short-term debt in 2022; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

M.E.P. from Brussel, company number BE0668401660, closed financial year 2022 with a result of € -67,272 after tax. For that financial year M.E.P. recorded a gross margin of € 186,232 and equity of € -108,583. Compared with financial year 2021, the result moved from € 32,079 to € -67,272. 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 September 13, 2023.

What it is worth Caution

€ -108,583

▼ € 69,422 vs 2021

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

Loss Caution

€ -67,272

▼ still € 32,079 profit in 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 33,126

▼ 54% 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 € -131,484.

People and assets in 2022

Wage cost

€ 225,954

▲ 169% vs 2021

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

€ 5,437

▲ 28% vs 2021

Book value of vehicles, furniture and equipment.

Debts at end 2022

Bank debt ≈ 3 years to go

€ 38,126

▼ 53% vs 2021

€ 14,666 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 54,225

▼ 51% vs 2021

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

Taxes and wages

€ 23,380

▼ 27% 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
Gross margin € 154,281 € 186,232 ▲ 21%
Profit after taxes € 32,079 € -67,272 ▼ € 99,351
Equity € -39,161 € -108,583 ▼ € 69,422
Total debts € 364,879 € 290,963 ▼ 20%
Cash € 72,001 € 33,126 ▼ 54%
Retained profit € -64,212 € -131,484 ▼ € 67,272
Bank debt € 80,854 € 38,126 ▼ 53%
Balance sheet total € 327,331 € 183,455 ▼ 44%

Key figures of M.E.P., 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 M.E.P.?

What happened at M.E.P. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

M.E.P. is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2022: loss of € 67,272 (▼ € 99,351 vs 2021). filed late Source: NBB ↗
  • New establishment in Brussel. KBO
  • Start of the company according to the CBE. KBO

In short

From € 32,079 profit in 2021 to € 67,272 loss in 2022.

Best year ever: 2021, with € 32,079 profit.

Establishments

Establishment units

Physical locations of this company

Registered office

Zaterdagplein 14

1000 Brussel

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 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
0668.401.660
VAT number
BE 0668.401.660
Registered office
Zaterdagplein 14, 1000 Brussel
Names & denominations
M.E.P.
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
23 December 2016
Peppol
Not registered
Activities · NACE

Activiteiten van eetgelegenheden met volledige bediening

Eetgelegenheden met volledige bediening

Frequently asked questions

What does M.E.P. do?
M.E.P. is a hospitality business in Brussel. Private Limited, started on 23 December 2016, 1 establishment.
What is the address of M.E.P.?
The registered office of M.E.P. is located at Zaterdagplein 14, 1000 Brussel.
Is M.E.P. still active?
No. The CBE lists M.E.P. 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 M.E.P. registered on Peppol?
No, M.E.P. is currently not registered on the Peppol network.
What is the enterprise number of M.E.P.?
The enterprise number of M.E.P. is BE0668401660.
When was M.E.P. founded?
M.E.P. was founded on 23 December 2016.