OPENING OF BANKRUPTCY

MDG N.V S.A.

Company — Opening of bankruptcy.

Financial year 2022 · Closed on 31/12/2022

Net result-204,8 k €-214,7 %over 1 year
Gross margin562,6 k €-30,4 %over 1 year
Equity49,6 k €-80,8 %over 1 year
Workforce33,8 ETP-9,1 %over 1 year

Identity

Source · BCE/KBO

MDG N.V S.A. is a Public limited company incorporated in 1988. Its main activity is: Manufacture of bread; manufacture of fresh pastry goods and cakes. Its registered office is in Bruxelles. It employs on average 33,8 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0435.085.778
Incorporation
24/08/1988
Legal form
Public limited company
Registered office
Rue Arthur Maes 66
1130 Bruxelles · BruxellesSee on map
Contributed capital
1 134 662,00 €
Latest accounts
31/12/2022
Average workforce
33,8 ETP
Joint committees (2)
  • 118
  • 220

Financials

Source · NBB, 17 filings

Trend over 16 financial years

20222021202020192018
Income statement
Gross margin562,6 k €808,3 k €905,6 k €833,7 k €628 k €
EBITDA-120,9 k €226,6 k €38,3 k €-58,5 k €-31,4 k €
Operating result-168,6 k €178,7 k €-12,3 k €-245,1 k €-91,4 k €
Net result-204,8 k €178,5 k €-12,8 k €-234,3 k €-84,7 k €
Balance sheet
Equity49,6 k €258,2 k €83,4 k €7 k €205 k €
Total assets1,1 M €1,3 M €857,7 k €656,8 k €646,2 k €
Cash6,6 k €10,7 k €29,2 k €66,5 k €15,1 k €
Debts1 M €1 M €760,1 k €649,8 k €441,1 k €
Other
Workforce33,8 ETP37,2 ETP––20,2 ETP

Board of directors

Source · NBB, accounts to 31/12/2022

1 active · 27 ended

Active mandates

ECOFOODS

Mandate · 0540.718.283

Represented by REMY REYLAND

Active

Ended mandates

ECOFOODS

Director · since 13 juillet 2022 · until 29 mai 2028 · 0540.718.283

Represented by Rémy REYLAND

Ended
ECOFOODS

Managing director · since 13 juillet 2022 · until 29 mai 2028 · 0540.718.283

Represented by Rémy REYLAND

Ended
finance&invest.brussels

Director · since 13 juillet 2022 · until 29 mai 2028 · 0426.936.986

Represented by Christine HICK

Ended
finance&invest.brussels

Director · since 11 mai 2019 · until 30 mai 2022 · 0426.936.986

Represented by Christine Hick

Ended

Full financial information

Source · NBB
202220212020201920182017
Type of accountAbridged modelAbridged modelMicro modelMicro modelAbridged modelAbridged model
Start of the financial year01/01/202201/01/202101/01/202001/01/201901/01/201801/01/2017
Closing of the financial year31/12/202231/12/202131/12/202031/12/201931/12/201831/12/2017
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/11/202303/08/202230/08/202131/08/202022/07/201917/08/2018
General meeting30/10/202313/07/202211/08/202125/05/202027/05/201910/07/2018
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 17 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202230/10/202328/11/2023FrenchPDF
Abridged model31/12/202113/07/202203/08/2022FrenchPDF
Micro model31/12/202011/08/202130/08/2021FrenchPDF
Micro model31/12/201925/05/202031/08/2020FrenchPDF
Abridged model31/12/201827/05/201922/07/2019FrenchPDF
Abridged model31/12/201710/07/201817/08/2018FrenchPDF
Abridged model31/12/201628/06/201728/08/2017FrenchPDF
Abridged model31/12/201531/08/201631/08/2016FrenchPDF
Abridged model31/12/201408/04/201522/07/2015FrenchPDF
Abridged model31/12/201329/08/201429/08/2014FrenchPDF
Abridged model31/12/201223/09/201323/09/2013FrenchPDF
Abridged model31/12/201129/05/201206/06/2012FrenchPDF
Abridged model31/12/201013/07/201129/08/2011FrenchPDF
Abridged model31/12/200924/06/201029/06/2010FrenchPDF
Abridged model31/12/200825/05/200928/08/2009FrenchPDF
Abridged model31/12/200718/07/200813/08/2008FrenchPDF
Abridged model31/12/200630/05/200731/07/2007FrenchPDF

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2022

1 active · 27 ended

Active mandates

ECOFOODS

Mandate · 0540.718.283

Represented by REMY REYLAND

Active

Ended mandates

ECOFOODS

Director · since 13 juillet 2022 · until 29 mai 2028 · 0540.718.283

Represented by Rémy REYLAND

Ended
ECOFOODS

Managing director · since 13 juillet 2022 · until 29 mai 2028 · 0540.718.283

Represented by Rémy REYLAND

Ended
finance&invest.brussels

Director · since 13 juillet 2022 · until 29 mai 2028 · 0426.936.986

Represented by Christine HICK

Ended
finance&invest.brussels

Director · since 11 mai 2019 · until 30 mai 2022 · 0426.936.986

Represented by Christine Hick

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates09/10/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/05/2021
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Capital / shares05/03/2020
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Other08/11/2019
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DIVERS
    PDF
  • Mandates16/04/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/11/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/06/2015
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2022
    Annual accounts 2022-204,8 k €↓
  2. 2021
    Annual accounts 2021178,5 k €↑
  3. 2020
    Annual accounts 2020-12,8 k €↑
  4. 2019
    Annual accounts 2019-234,3 k €↓
  5. 2018
    Annual accounts 2018-84,7 k €↑
  6. 2017
    Annual accounts 2017-121,1 k €↑
  7. 2016
    Annual accounts 2016-137 k €↓
  8. 2015
    Annual accounts 201521 k €↓
  9. 2014
    Annual accounts 2014100,4 k €↑
  10. 2013
    Annual accounts 2013-76,6 k €↓
  11. 2012
    Annual accounts 2012-28,9 k €↓
  12. 2011
    Annual accounts 2011-16,3 k €↑
  13. 2010
    Annual accounts 2010-76,4 k €↑
  14. 2009
    Annual accounts 2009-113,3 k €↓
  15. 2008
    Annual accounts 2008-104 k €↓
  16. 2007
    Annual accounts 2007-16,5 k €
  17. 24/08/1988
    IncorporationPublic limited company