Bankrupt · Opening faillissement (CBE)

MAY

BE0759926308

Rechtspersoon Private limited company 1 establishment

MAY is a clothing shop in Beveren-Kruibeke-Zwijndrecht. Private Limited, started on 17 December 2020, 1 establishment.

Kattestraat 213, 9150 Beveren-Kruibeke-Zwijndrecht

Behind the company: Stefanie Kemland.

Start date

17 December 2020

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 17 % of short-term debt in 2022; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

MAY from Beveren-Kruibeke-Zwijndrecht, company number BE0759926308, closed financial year 2022 with a result of € -24,456 after tax. For that financial year MAY recorded a gross margin of € 527,382 and equity of € 342,617. Compared with financial year 2021, the result moved from € 362,073 to € -24,456. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2023.

What it is worth Healthy

€ 342,617

▼ 7% vs 2021

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

Loss Caution

€ -24,456

▼ still € 362,073 profit in 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 80,762

▼ 73% 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 € 337,617.

People and assets in 2022

Full-time equivalents

14.1

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

Wage cost

€ 443,949

▲ 278% vs 2021

€ 31,500 per full-time equivalent. 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

€ 24,219

▼ 4% vs 2021

Book value of vehicles, furniture and equipment.

Debts at end 2022

Bank debt ≈ 3 years to go

€ 361,447

▲ 163% vs 2021

€ 18,522 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 98,018

▲ € 87,428 vs 2021

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

Taxes and wages

€ 118,875

▼ 26% 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 € 631,222 € 527,382 ▼ 16%
Profit after taxes € 362,073 € -24,456 ▼ € 386,529
Equity € 367,073 € 342,617 ▼ 7%
Total debts € 364,412 € 578,341 ▲ 59%
Cash € 298,051 € 80,762 ▼ 73%
Land & buildings € 22,257 € 13,551 ▼ 39%
Retained profit € 362,073 € 337,617 ▼ 7%
Bank debt € 137,374 € 361,447 ▲ 163%
Balance sheet total € 731,485 € 920,957 ▲ 26%
Employees (FTE) - 14.1

Key figures of MAY, 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 MAY?

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

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

  • New annual accounts for financial year 2022: loss of € 24,456 (▼ € 386,529 vs 2021). Source: NBB ↗
  • New establishment in Beveren-Kruibeke-Zwijndrecht. KBO
  • Start of the company according to the CBE. KBO

In short

From € 362,073 profit in 2021 to € 24,456 loss in 2022.

Paid € 114,945 in corporate taxes since 2021.

Best year ever: 2021, with € 362,073 profit.

On average € 37,400 of value added per employee in 2022.

Management

Stefanie Kemland
MAY

Behind MAY is Stefanie Kemland.

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Directors

According to the 2022 annual accounts

Stefanie Kemland

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Kattestraat 213

9150 Beveren-Kruibeke-Zwijndrecht

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

Details

Company number
0759.926.308
VAT number
BE 0759.926.308
Registered office
Kattestraat 213, 9150 Beveren-Kruibeke-Zwijndrecht
Names & denominations
MAY
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
17 December 2020
Peppol
Not registered
Activities · NACE

Detailhandel in damesbovenkleding

Detailhandel in kledingaccessoires

Frequently asked questions

What does MAY do?
MAY is a clothing shop in Beveren-Kruibeke-Zwijndrecht. Private Limited, started on 17 December 2020, 1 establishment.
What is the address of MAY?
The registered office of MAY is located at Kattestraat 213, 9150 Beveren-Kruibeke-Zwijndrecht.
Is MAY still active?
No. The CBE lists MAY 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 MAY registered on Peppol?
No, MAY is currently not registered on the Peppol network.
What is the enterprise number of MAY?
The enterprise number of MAY is BE0759926308.
When was MAY founded?
MAY was founded on 17 December 2020.