Bankrupt · Opening faillissement (CBE)

ME VA ME VA

BE0698766917

Rechtspersoon Private limited company 2 establishments

ME VA ME VA is a hospitality business in Gent. Private Limited, started on 25 June 2018, 2 establishments.

Serpentstraat 11, 9000 Gent

Start date

25 June 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 3 of the last 3 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 21 % of short-term debt in 2022; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

ME VA ME VA from Gent, company number BE0698766917, closed financial year 2022 with a result of € 8,301 after tax. For that financial year ME VA ME VA recorded a gross margin of € 359,778 and equity of € -177,102. Compared with financial year 2021, the result moved from € -6,861 to € 8,301. Profitable, and profit is growing. 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 5, 2023.

What it is worth Caution

€ -177,102

▲ € 8,301 vs 2021

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

Profit Growing

€ 8,301

▲ still € 6,861 loss in 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 10,580

▼ 76% vs 2021

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

Where the profit goes Growing

Stays in the company

No dividend for 2022. Retained profit grew to € -183,302.

People and assets in 2022

Wage cost

€ 311,261

▲ 84% 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

€ 2,370

▼ 65% vs 2021

Book value of vehicles, furniture and equipment.

Debts at end 2022

Bank debt ≈ 3 years to go

€ 69,066

▼ 25% vs 2021

€ 23,172 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 211,029

▲ 37% vs 2021

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

Taxes and wages

€ 67,707

▼ 35% vs 2021

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
202020212022Change 2021 → 2022
Gross margin € 50,825 € 158,791 € 359,778 ▲ 127%
Profit after taxes € -142,500 € -6,861 € 8,301 ▲ € 15,162
Equity € -178,542 € -185,403 € -177,102 ▲ € 8,301
Total debts € 372,482 € 455,196 € 390,015 ▼ 14%
Cash € 18,027 € 44,171 € 10,580 ▼ 76%
Land & buildings - € 3,077 € 8,833 ▲ 187%
Retained profit € -184,742 € -191,603 € -183,302 ▲ € 8,301
Bank debt € 81,815 € 92,218 € 69,066 ▼ 25%
Balance sheet total € 193,939 € 269,793 € 212,912 ▼ 21%

Key figures of ME VA ME VA, fiscal years 2020 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 ME VA ME VA?

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

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

  • New annual accounts for financial year 2022: profit of € 8,301. filed late Source: NBB ↗
  • New establishment in Gent. KBO
  • New establishment in Gent. KBO
  • Start of the company according to the CBE. KBO

In short

From € 142,500 loss in 2020 to € 8,301 profit in 2022.

Paid € 830 in corporate taxes since 2020.

Best year ever: 2022, with € 8,301 profit.

Establishments

Establishment units

Physical locations of this company

Registered office

Serpentstraat 11

9000 Gent

2.332.127.844

Serpentstraat 26

9000 Gent

Active since 15 June 2022

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
0698.766.917
VAT number
BE 0698.766.917
Registered office
Serpentstraat 11, 9000 Gent
Names & denominations
ME VA ME VA
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
25 June 2018
Peppol
Active · Active since 19 Dec 2025
Activities · NACE

Activiteiten van eetgelegenheden met volledige bediening

Eetgelegenheden met volledige bediening

Activiteiten van holdings

Lease van intellectuele eigendom en vergelijkbare producten, met uitzondering van werken onder auteursrecht

Activiteiten van fotografen, met uitzondering van persfotografen

Holdings

Frequently asked questions

What does ME VA ME VA do?
ME VA ME VA is a hospitality business in Gent. Private Limited, started on 25 June 2018, 2 establishments.
What is the address of ME VA ME VA?
The registered office of ME VA ME VA is located at Serpentstraat 11, 9000 Gent.
Is ME VA ME VA still active?
No. The CBE lists ME VA ME VA 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 ME VA ME VA registered on Peppol?
Yes, ME VA ME VA is registered on the Peppol network with ID 0208:0698766917.
What is the enterprise number of ME VA ME VA?
The enterprise number of ME VA ME VA is BE0698766917.
When was ME VA ME VA founded?
ME VA ME VA was founded on 25 June 2018.