Bankrupt · Opening faillissement (CBE)

MCV 777

BE0696968556

Rechtspersoon Private limited company 1 establishment

MCV 777 is a hospitality business in Ciney. Private Limited, started on 31 May 2018, 1 establishment.

Place Emile Vandervelde 3, 5590 Ciney

Start date

31 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 3 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 4 % of short-term debt in 2023; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

MCV 777 from Ciney, company number BE0696968556, closed financial year 2023 with a result of € -108,506 after tax. For that financial year MCV 777 recorded revenue of € 556,424 and equity of € -4,694. Compared with financial year 2022, the result moved from € 22,546 to € -108,506. 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 October 14, 2024.

What it is worth Caution

€ -4,694

▼ € 108,506 vs 2022

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

Loss Caution

€ -108,506

▼ still € 22,546 profit in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 1,033

▼ 94% vs 2022

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 € -10,894.

People and assets in 2023

Wage cost

€ 290,429

▲ 21% vs 2022

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

€ 22,529

▼ 10% vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt ≈ 7 years to go

€ 28,582

▲ 85% vs 2022

€ 4,340 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 80,619

▲ 270% vs 2022

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

Taxes and wages

€ 75,476

▲ 49% vs 2022

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Revenue € 347,457 € 520,526 € 556,424 ▲ 7%
Gross margin € 156,160 € 277,498 € 214,899 ▼ 23%
Profit after taxes € 30,198 € 22,546 € -108,506 ▼ € 131,053
Equity € 81,266 € 103,813 € -4,694 ▼ € 108,506
Total debts € 46,894 € 93,818 € 196,381 ▲ 109%
Cash € 14,256 € 17,867 € 1,033 ▼ 94%
Retained profit € 75,066 € 97,613 € -10,894 ▼ € 108,506
Dividend € 24,852 € 0 € 0
Bank debt € 72 € 15,457 € 28,582 ▲ 85%
Balance sheet total € 128,160 € 197,631 € 191,687 ▼ 3%

Key figures of MCV 777, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.

What happened to MCV 777?

What happened at MCV 777 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

MCV 777 is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2023: loss of € 108,506 (▼ € 131,053 vs 2022). filed late Source: NBB ↗
  • New establishment in Ciney. KBO
  • Start of the company according to the CBE. KBO

In short

From € 30,198 profit in 2021 to € 108,506 loss in 2023.

Paid € 3,482 in corporate taxes since 2021.

Best year ever: 2021, with € 30,198 profit.

Paid out € 24,852 in dividends to the owners in total.

Establishments

Establishment units

Physical locations of this company

Registered office

Place Emile Vandervelde 3

5590 Ciney

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
0696.968.556
VAT number
BE 0696.968.556
Registered office
Place Emile Vandervelde 3, 5590 Ciney
Names & denominations
MCV 777
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
31 May 2018
Peppol
Active · Active since 16 Apr 2025
Activities · NACE

Activiteiten van eetgelegenheden met volledige bediening

Eetgelegenheden met volledige bediening

Frequently asked questions

What does MCV 777 do?
MCV 777 is a hospitality business in Ciney. Private Limited, started on 31 May 2018, 1 establishment.
What is the address of MCV 777?
The registered office of MCV 777 is located at Place Emile Vandervelde 3, 5590 Ciney.
Is MCV 777 still active?
No. The CBE lists MCV 777 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 MCV 777 registered on Peppol?
Yes, MCV 777 is registered on the Peppol network with ID 0208:0696968556.
What is the enterprise number of MCV 777?
The enterprise number of MCV 777 is BE0696968556.
When was MCV 777 founded?
MCV 777 was founded on 31 May 2018.