Bankrupt · Opening faillissement (CBE)

MILYPAT

BE0695620256

Rechtspersoon Private limited company 5 establishments

MILYPAT is a bakery in Tournai. Private Limited, started on 2 May 2018, 5 establishments.

Rue Fleurie(TOU) 2, 7500 Tournai

Behind the company: Emilie Coppens.

Start date

2 May 2018

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.

  • Tight liquidity NBB

    Cash and receivables cover 33 % of short-term debt in 2022; threshold 65 %.

  • Figures corrected NBB

    Corrected annual account filed for 2021.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

MILYPAT from Tournai, company number BE0695620256, closed financial year 2022 with a result of € -126,387 after tax. For that financial year MILYPAT recorded a gross margin of € 250,873 and equity of € -87,892. Compared with financial year 2021, the result moved from € 2,655 to € -126,387. 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 July 20, 2023.

What it is worth Caution

€ -87,892

▼ € 126,387 vs 2021

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

Loss Caution

€ -126,387

▼ still € 2,655 profit in 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 18,902

▼ 70% 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 € -100,292.

People and assets in 2022

Wage cost

€ 310,160

▲ 45% 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

€ 14,320

▼ 18% vs 2021

Book value of vehicles, furniture and equipment.

Debts at end 2022

Bank debt ≈ 13 years to go

€ 491,261

▲ 16% vs 2021

€ 36,549 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.

Owed to suppliers

€ 47,099

▲ 5% vs 2021

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

Taxes and wages

€ 118,482

▲ 135% 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 € 256,034 € 250,873 ▼ 2%
Profit after taxes € 2,655 € -126,387 ▼ € 129,042
Equity € 38,495 € -87,892 ▼ € 126,387
Total debts € 581,727 € 762,849 ▲ 31%
Cash € 63,506 € 18,902 ▼ 70%
Land & buildings € 356,610 € 345,532 ▼ 3%
Retained profit € 26,095 € -100,292 ▼ € 126,387
Bank debt € 422,999 € 491,261 ▲ 16%
Balance sheet total € 620,222 € 674,957 ▲ 9%

Key figures of MILYPAT, 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 MILYPAT?

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

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

  • New annual accounts for financial year 2022: loss of € 126,387 (▼ € 129,042 vs 2021). Source: NBB ↗
  • New establishment in Tournai. KBO
  • New establishment in Ath. KBO
  • New establishment in Tournai. KBO
  • New establishment in Mons. KBO
  • New establishment in Tournai. KBO
  • Emilie Coppens became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 2,655 profit in 2021 to € 126,387 loss in 2022.

Best year ever: 2021, with € 2,655 profit.

Management

Emilie Coppens
MILYPAT

Behind MILYPAT is Emilie Coppens.

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Directors

According to the 2022 annual accounts

Emilie Coppens

Manager

since 2018

Establishments

Establishment units

Physical locations of this company

Registered office

Rue Fleurie(TOU) 2

7500 Tournai

2.276.026.410

Grand'Place (TOU) 1

7500 Tournai

Active since 2 May 2018

2.285.010.390

Rue de la Coupe 24

7000 Mons

Active since 25 January 2019

2.316.943.780

Rue du Cygne(TOU) 34

7500 Tournai

Active since 5 May 2021

2.325.656.459

Grand'Place 48

7800 Ath

Active since 9 November 2021

2.332.904.636

Quai des Poissonsceaux(TOU) 1 box D

7500 Tournai

Active since 1 July 2022

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 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
0695.620.256
VAT number
BE 0695.620.256
Registered office
Rue Fleurie(TOU) 2, 7500 Tournai
Names & denominations
MILYPAT
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
2 May 2018
Peppol
Not registered
Activities · NACE

Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk

Vervaardiging van andere voedingsmiddelen, neg

Vervaardiging van beschuit, biscuit en houdbaar banketbakkerswerk

Detailhandel in chocolade en suikerwerk

Frequently asked questions

What does MILYPAT do?
MILYPAT is a bakery in Tournai. Private Limited, started on 2 May 2018, 5 establishments.
What is the address of MILYPAT?
The registered office of MILYPAT is located at Rue Fleurie(TOU) 2, 7500 Tournai.
Is MILYPAT still active?
No. The CBE lists MILYPAT 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 MILYPAT registered on Peppol?
No, MILYPAT is currently not registered on the Peppol network.
What is the enterprise number of MILYPAT?
The enterprise number of MILYPAT is BE0695620256.
When was MILYPAT founded?
MILYPAT was founded on 2 May 2018.