Bankrupt · Opening faillissement (CBE)

M.F.N.C.

BE0716885725

Rechtspersoon Private limited company 1 establishment

M.F.N.C. is a shop in Wavre. Private Limited, started on 27 December 2018, 1 establishment.

Rue Charles Jaumotte 29-31, 1300 Wavre

Behind the company: CREMER IMMOBILIERE.

Start date

27 December 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 46 % of short-term debt in 2023; threshold 65 %.

  • Busy address KBO

    16 other companies have their registered office at the same address; threshold 10.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

M.F.N.C. from Wavre, company number BE0716885725, closed financial year 2023 with a result of € -88,218 after tax. For that financial year M.F.N.C. recorded a gross margin of € -21,606 and equity of € -111,205. Compared with financial year 2022, the result moved from € 77 to € -88,218. 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 25, 2024.

What it is worth Caution

€ -111,205

▼ € 88,218 vs 2022

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

Loss Caution

€ -88,218

▼ still € 77 profit in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 514

▼ 12% 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 € -115,205.

People and assets in 2023

Full-time equivalents

0.8

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

Wage cost

€ 16,051

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2023

Bank debt ≈ 30 years to go

€ 380,789

▲ 20% vs 2022

€ 12,862 is repaid this year. At this pace the long-term loan is gone in ≈ 30 years.

Owed to suppliers

€ 49,482

▲ 44% vs 2022

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

Taxes and wages

€ 5,960

▲ 57% 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
Gross margin € 21,833 € 33,987 € -21,606 ▼ € 55,593
Profit after taxes € -8,325 € 77 € -88,218 ▼ € 88,295
Equity € -23,063 € -22,987 € -111,205 ▼ € 88,218
Total debts € 285,495 € 370,277 € 454,138 ▲ 23%
Cash € 4,433 € 582 € 514 ▼ 12%
Retained profit € -27,063 € -26,987 € -115,205 ▼ € 88,218
Bank debt € 228,364 € 316,154 € 380,789 ▲ 20%
Balance sheet total € 262,432 € 347,290 € 342,933 ▼ 1%
Employees (FTE) - - 0.8

Key figures of M.F.N.C., 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 M.F.N.C.?

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

M.F.N.C. is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2023: loss of € 88,218 (▼ € 88,295 vs 2022). filed late Source: NBB ↗
  • CREMER IMMOBILIERE became a director. NBB
  • New establishment in Liège. KBO
  • Start of the company according to the CBE. KBO

In short

From € 8,325 loss in 2021 to € 88,218 loss in 2023.

Paid € 23 in corporate taxes since 2021.

Best year ever: 2022, with € 77 profit.

Management

Behind M.F.N.C. is CREMER IMMOBILIERE. CREMER IMMOBILIERE is also behind DELVILLE and MY PROJECT HOME.

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Directors

According to the 2023 annual accounts

CREMER IMMOBILIERE

Director · represented by Cremer NICOLAS

Also active at: DELVILLE, MY PROJECT HOME

since 2020

Establishments

Establishment units

Physical locations of this company

Registered office

Rue Charles Jaumotte 29-31

1300 Wavre

2.283.481.651

Rue de Droixhe 7 box 4

4020 Liège

Active since 10 January 2019

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

Details

Company number
0716.885.725
VAT number
BE 0716.885.725
Registered office
Rue Charles Jaumotte 29-31, 1300 Wavre
Names & denominations
M.F.N.C. · MFNC
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
27 December 2018
Peppol
Not registered
Activities · NACE

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Frequently asked questions

What does M.F.N.C. do?
M.F.N.C. is a shop in Wavre. Private Limited, started on 27 December 2018, 1 establishment.
What is the address of M.F.N.C.?
The registered office of M.F.N.C. is located at Rue Charles Jaumotte 29-31, 1300 Wavre.
Is M.F.N.C. still active?
No. The CBE lists M.F.N.C. 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.F.N.C. registered on Peppol?
No, M.F.N.C. is currently not registered on the Peppol network.
What is the enterprise number of M.F.N.C.?
The enterprise number of M.F.N.C. is BE0716885725.
When was M.F.N.C. founded?
M.F.N.C. was founded on 27 December 2018.