Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2021; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2021
MI NEGOCIO from Gent, company number BE0874910108, closed financial year 2021 with a result of € 6,873 after tax. For that financial year MI NEGOCIO recorded a gross margin of € 11,544 and equity of € -176,302. Compared with financial year 2020, the result moved from € -7,101 to € 6,873. 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 12, 2022.
€ -176,302
▲ € 6,873 vs 2020
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,873
▲ still € 7,101 loss in 2020
Profit after tax over the fiscal year.
€ 61
▼ 97% vs 2020
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2021. Retained profit grew to € -188,702.
Debts at end 2021
€ 5,296
▼ 45% vs 2020
€ 4,521 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 1,551
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2018 | 2019 | 2020 | 2021 | Change 2020 → 2021 | |
|---|---|---|---|---|---|
| Gross margin | € -5,046 | € -5,302 | € -2,751 | € 11,544 | ▲ € 14,295 |
| Profit after taxes | € -18,529 | € -11,482 | € -7,101 | € 6,873 | ▲ € 13,974 |
| Equity | € -164,592 | € -176,074 | € -183,175 | € -176,302 | ▲ € 6,873 |
| Total debts | € 231,059 | € 239,092 | € 244,769 | € 231,532 | ▼ 5% |
| Cash | € 542 | € 1,170 | € 2,184 | € 61 | ▼ 97% |
| Land & buildings | € 1,275 | € 255 | € 170 | € 85 | ▼ 50% |
| Retained profit | € -176,992 | € -188,474 | € -195,575 | € -188,702 | ▲ € 6,873 |
| Bank debt | € 17,618 | € 13,708 | € 9,604 | € 5,296 | ▼ 45% |
| Balance sheet total | € 66,467 | € 63,019 | € 61,594 | € 55,230 | ▼ 10% |
Key figures of MI NEGOCIO, fiscal years 2018 to 2021, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2022 has not been filed yet; it was expected before 30 April 2023.
What happened to MI NEGOCIO?
What happened at MI NEGOCIO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
MI NEGOCIO is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2021: profit of € 6,873. 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 € 18,529 loss in 2018 to € 6,873 profit in 2021.
Best year ever: 2021, with € 6,873 profit.
Establishments
Establishment units
Physical locations of this company
Abeelstraat 11
9000 Gent
Brabantdam 121
9000 Gent
Active since 1 October 2005
Abeelstraat 44
9000 Gent
Active since 15 August 2005
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
- 0874.910.108
- VAT number
- BE 0874.910.108
- Registered office
- Abeelstraat 11, 9000 Gent
- Names & denominations
- MI NEGOCIO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 1 July 2005
- Peppol
- Not registered