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.
-
Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
MEMNON RESEARCH & DEVELOPMENT from Evere, company number BE0876814573, closed financial year 2023 with a result of € 84,630 after tax. For that financial year MEMNON RESEARCH & DEVELOPMENT recorded revenue of € 948,667 and equity of € -1 million. Compared with financial year 2022, the result moved from € -161,534 to € 84,630. 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 June 8, 2024.
€ -1 million
▲ € 84,630 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 84,630
▲ still € 161,534 loss in 2022
Profit after tax over the fiscal year.
€ 9,243
▼ 45% vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € -1.6 million.
People and assets in 2023
4.8
▲ 0.3 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 407,152
▼ 1% vs 2022
€ 84,800 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.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 245,203
▲ € 201,762 vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 75,578
▲ 197% vs 2022
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|
| Revenue | € 397,835 | € 948,667 | ▲ 138% |
| Gross margin | € 259,317 | € 493,235 | ▲ 90% |
| Profit after taxes | € -161,534 | € 84,630 | ▲ € 246,165 |
| Equity | € -1,107,069 | € -1,022,439 | ▲ € 84,630 |
| Total debts | € 1,549,944 | € 2,295,187 | ▲ 48% |
| Cash | € 16,841 | € 9,243 | ▼ 45% |
| Retained profit | € -1,707,069 | € -1,622,439 | ▲ € 84,630 |
| Balance sheet total | € 442,875 | € 1,272,748 | ▲ 187% |
| Employees (FTE) | 4.5 | 4.8 | ▲ 0.3 |
Key figures of MEMNON RESEARCH & DEVELOPMENT, fiscal years 2022 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 30 January 2025.
What happened to MEMNON RESEARCH & DEVELOPMENT?
What happened at MEMNON RESEARCH & DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
MEMNON RESEARCH & DEVELOPMENT is active according to the CBE. Legal situation: Opening faillissement.
- Edward Saunders stepped down as director. NBB
- Benjamin Murphy stepped down as director. NBB
- Snehal Savjani stepped down as director. NBB
- New annual accounts for financial year 2023: profit of € 84,630. filed late Source: NBB ↗
- Edward Saunders became a director. NBB
- Benjamin Murphy became a director. NBB
- Snehal Savjani became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 161,534 loss in 2022 to € 84,630 profit in 2023.
Paid € 1,230 in corporate taxes since 2022.
Best year ever: 2023, with € 84,630 profit.
On average € 102,800 of value added per employee in 2023.
Management
Directors
According to the 2023 annual accounts
Edward Saunders
Director
since 2021 · until 2027
Benjamin Murphy
Director
since 2021 · until 2027
Snehal Savjani
Director
since 2021 · until 2027
Establishments
Establishment units
Physical locations of this company
Kareelovenlaan 3B
1140 Evere
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0876.814.573
- VAT number
- BE 0876.814.573
- Registered office
- Kareelovenlaan 3B, 1140 Evere
- Names & denominations
- MEMNON RESEARCH & DEVELOPMENT · M.R.D OU M.R & D ou Memmon R&D
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 20 October 2005
- Peppol
- Active · Active since 8 Sept 2025
- Activities · NACE
Exploitatie van schouwburgen, concertzalen en dergelijke
Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten
Computerconsultancy-activiteiten
Computerinfrastructuur, gegevensverwerking, hosting en aanverwante activiteiten
Overige diensten op het gebied van informatietechnologie en computer
Ontwerpen van computerprogramma’s
Overige zakelijke dienstverlening, neg
Ontwerpen en programmeren van computerprogramma's
+2