Bankrupt · Opening faillissement (CBE)

M-otel E40

BE0781824156

Rechtspersoon Private limited company 1 establishment

M-otel E40 is a hotel in Wetteren. Private Limited, started on 10 February 2022, 1 establishment.

Volkershouw 50, 9230 Wetteren

Behind the company: Joachim Margodt.

Start date

10 February 2022

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 2 of the last 2 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2023 and 2024.

  • Tight liquidity NBB

    Cash and receivables cover 14 % of short-term debt in 2024; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2024

M-otel E40 from Wetteren, company number BE0781824156, closed financial year 2024 with a result of € -25,495 after tax. For that financial year M-otel E40 recorded a gross margin of € -18,874 and equity of € -63,243. Compared with financial year 2023, the result moved from € -40,248 to € -25,495. 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 August 25, 2025.

What it is worth Caution

€ -63,243

▼ € 25,495 vs 2023

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

Loss Caution

€ -25,495

▲ 37 % less loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 6,586

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 € -65,743.

People and assets in 2024

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 4,876

▲ € 4,634 vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 46,084

▲ 5% vs 2023

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

Taxes and wages

€ 17,527

▲ 282% vs 2023

Taxes, VAT and social contributions still to pay.

Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →

Key figures per fiscal year Download key figures (CSV)
20232024Change 2023 → 2024
Revenue € 249,344 -
Gross margin € -34,820 € -18,874 ▲ € 15,946
Profit after taxes € -40,248 € -25,495 ▲ € 14,753
Equity € -37,748 € -63,243 ▼ € 25,495
Total debts € 68,457 € 109,399 ▲ 60%
Cash - € 6,586
Land & buildings € 7,066 € 6,345 ▼ 10%
Retained profit € -40,248 € -65,743 ▼ € 25,495
Bank debt € 3,946 € 0 ▼ 100%
Balance sheet total € 30,709 € 46,156 ▲ 50%

Key figures of M-otel E40, fiscal years 2023 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to M-otel E40?

What happened at M-otel E40 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

M-otel E40 is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2024: loss of € 25,495. filed late Source: NBB ↗
  • New establishment in Wetteren. KBO
  • Start of the company according to the CBE. KBO

In short

From € 40,248 loss in 2023 to € 25,495 loss in 2024.

Management

Joachim Margodt
M-otel E40

Behind M-otel E40 is Joachim Margodt. Joachim Margodt is also behind Build-Tech.

See the full network in the app

Directors

According to the 2024 annual accounts

Joachim Margodt

Director

Also active at: Build-Tech

Establishments

Establishment units

Physical locations of this company

Registered office

Volkershouw 50

9230 Wetteren

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
0781.824.156
VAT number
BE 0781.824.156
Registered office
Volkershouw 50, 9230 Wetteren
Names & denominations
M-otel E40
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
10 February 2022
Peppol
Not registered
Activities · NACE

Hotels en dergelijke accommodatie

Frequently asked questions

What does M-otel E40 do?
M-otel E40 is a hotel in Wetteren. Private Limited, started on 10 February 2022, 1 establishment.
What is the address of M-otel E40?
The registered office of M-otel E40 is located at Volkershouw 50, 9230 Wetteren.
Is M-otel E40 still active?
No. The CBE lists M-otel E40 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-otel E40 registered on Peppol?
No, M-otel E40 is currently not registered on the Peppol network.
What is the enterprise number of M-otel E40?
The enterprise number of M-otel E40 is BE0781824156.
When was M-otel E40 founded?
M-otel E40 was founded on 10 February 2022.