OPENING OF BANKRUPTCY

MEMNON RESEARCH & DEVELOPMENT

Financial year 2023 · closed on 30/06/2023
Net result
84,6 k €
+152.4% YoY
Revenue
948,7 k €
+138.5% YoY
Equity
-1 M €
+7.6% YoY
Workforce
4,8 ETP
+6.7% YoY

Company — Opening of bankruptcy.

Strike-off: 01 août 2026

What does MEMNON RESEARCH & DEVELOPMENT do?

MEMNON RESEARCH & DEVELOPMENT is a Public limited company incorporated in 2005. Its registered office is in Evere. It employs on average 4,8 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0876.814.573
Incorporation
20/10/2005
Legal form
Public limited company
Registered office
Avenue du Four à Briques 3B
1140 Evere · BruxellesSee on map
Contributed capital
600 000,00 €
Latest accounts
30/06/2023
Average workforce
4,8 ETP
Joint committees (2)
  • 218
  • 227
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20232022202120202019201820172015201420132012201120102009200820072006
Income statement
Revenue948,7 k €397,8 k €318 k €520 k €558 k €417 k €63,1 k €203,7 k €
EBITDA85,7 k €-160,3 k €-18,6 k €215,9 k €132,2 k €127,2 k €-73,4 k €-1,6 k €-6,4 k €-4,9 k €-130,4 k €-99,6 k €286,2 k €38,9 k €490 €12 k €43,2 k €
Operating result85,7 k €-160,3 k €-18,6 k €215,9 k €132,2 k €86,4 k €-144,8 k €-62 k €-251,4 k €-869,8 k €-1,1 M €-1,1 M €-48,8 k €26,6 k €-5,5 k €6,1 k €21,3 k €
Net result84,6 k €-161,5 k €-20,3 k €214,2 k €127,1 k €85 k €-144,3 k €-142,9 k €-101,5 k €-403,9 k €-624,8 k €-580,8 k €67,6 k €18,8 k €-24 k €-16 k €384 €
Balance sheet
Equity-1 M €-1,1 M €-945,5 k €-925,3 k €-1,1 M €-1,3 M €-1,4 M €-1,2 M €-852,2 k €-597,7 k €344,1 k €1 M €1,9 M €29,1 k €10,3 k €34,3 k €50,4 k €
Total assets1,3 M €442,9 k €74,8 k €62,6 k €93,2 k €34,3 k €63,1 k €121,3 k €980,6 k €791,4 k €1,4 M €2,6 M €3,5 M €76,6 k €214,4 k €573,9 k €504,7 k €
Cash9,2 k €16,8 k €51,6 k €16,6 k €87,4 k €33,8 k €22,1 k €4,5 k €12,9 k €7,1 k €6,9 k €9,6 k €67 k €2,3 k €24 k €10,3 k €34,5 k €
Debts2,3 M €1,5 M €1 M €987,8 k €1,2 M €1,3 M €1,4 M €1,3 M €1,8 M €1,4 M €1,1 M €1,5 M €1,5 M €47,5 k €187,6 k €528,1 k €449,7 k €
Other
Workforce4,8 ETP4,5 ETP5,0 ETP4,4 ETP4,8 ETP4,0 ETP4,6 ETP3,0 ETP3,0 ETP3,2 ETP3,9 ETP4,7 ETP4,7 ETP3,3 ETP4,4 ETP2,5 ETP2,0 ETP
Governance

Board of directors

Seen on filing of 30/06/2023 · 3 active · 32 ended

Active mandates

Benjamin Murphy

Director · since 13 avril 2021 · until 26 novembre 2027

Active
Edward Saunders

Director · since 13 avril 2021 · until 26 novembre 2027

Active
Snehal Savjani

Director · since 13 avril 2021 · until 26 novembre 2027

Active

Ended mandates

Benjamin Murphy

Director · since 13 avril 2021 · until 10 septembre 2027

Ended
Edward Saunders

Director · since 13 avril 2021 · until 10 septembre 2027

Ended
Snehal Savjani

Director · since 13 avril 2021 · until 10 septembre 2027

Ended
Adam Fry

Chairman of the board of directors · since 28 septembre 2018 · until 13 avril 2021

Ended
At this address

Other companies at this address

CompanyCBE no.
8INFINIActive
0849.727.027
0438.551.252
Annual accounts

Full financial information

202320222021202020192018
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202201/04/202101/04/202001/04/201901/04/201801/04/2017
Closing of the financial year30/06/202330/06/202231/03/202131/03/202031/03/201931/03/2018
Length of the financial year12 months15 months12 months12 months12 months12 months
Filing date08/06/202421/02/202302/11/202123/09/202025/09/201901/10/2018
General meeting06/06/202417/02/202310/09/202126/08/202013/09/201928/09/2018
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202306/06/202408/06/2024FrenchPDF
Abridged model30/06/202217/02/202321/02/2023FrenchPDF
Abridged model31/03/202110/09/202102/11/2021FrenchPDF
Abridged model31/03/202026/08/202023/09/2020FrenchPDF
Abridged model31/03/201913/09/201925/09/2019FrenchPDF
Abridged model31/03/201828/09/201801/10/2018FrenchPDF
Abridged modelCorrection31/03/201727/09/201726/10/2017FrenchPDF
Abridged model31/03/201708/09/201703/10/2017FrenchPDF
Abridged model31/12/201515/06/201602/09/2016FrenchPDF
Abridged model31/12/201412/05/201524/09/2015FrenchPDF
Abridged model31/12/201302/10/201402/12/2014FrenchPDF
Abridged model31/12/201230/07/201312/08/2013FrenchPDF
Abridged model31/12/201128/06/201230/07/2012FrenchPDF
Abridged model31/12/201012/05/201123/05/2011FrenchPDF
Abridged model31/12/200930/06/201029/07/2010FrenchPDF
Abridged model31/12/200812/05/200931/08/2009FrenchPDF
Abridged model31/12/200712/05/200827/06/2008FrenchPDF
Abridged model31/12/200612/05/200706/06/2007FrenchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 30/06/2023 · 3 active · 32 ended

Active mandates

Benjamin Murphy

Director · since 13 avril 2021 · until 26 novembre 2027

Active
Edward Saunders

Director · since 13 avril 2021 · until 26 novembre 2027

Active
Snehal Savjani

Director · since 13 avril 2021 · until 26 novembre 2027

Active

Ended mandates

Benjamin Murphy

Director · since 13 avril 2021 · until 10 septembre 2027

Ended
Edward Saunders

Director · since 13 avril 2021 · until 10 septembre 2027

Ended
Snehal Savjani

Director · since 13 avril 2021 · until 10 septembre 2027

Ended
Adam Fry

Chairman of the board of directors · since 28 septembre 2018 · until 13 avril 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates11/06/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/03/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Other18/02/2026
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates06/05/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/02/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/03/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other14/02/2022
    ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2023
    Annual accounts 202384,6 k €
  2. 2022
    Annual accounts 2022-161,5 k €
  3. 2021
    Annual accounts 2021-20,3 k €
  4. 2020
    Annual accounts 2020214,2 k €
  5. 2019
    Annual accounts 2019127,1 k €
  6. 2018
    Annual accounts 201885 k €
  7. 2017
    Annual accounts 2017-144,3 k €
  8. 2015
    Annual accounts 2015-142,9 k €
  9. 2014
    Annual accounts 2014-101,5 k €
  10. 2013
    Annual accounts 2013-403,9 k €
  11. 2012
    Annual accounts 2012-624,8 k €
  12. 2011
    Annual accounts 2011-580,8 k €
  13. 2010
    Annual accounts 201067,6 k €
  14. 2009
    Annual accounts 200918,8 k €
  15. 2009
    Name changeMEMNON RESEARCH & DEVELOPMENT
  16. 2008
    Annual accounts 2008-24 k €
  17. 2007
    Annual accounts 2007-16 k €
  18. 2006
    Annual accounts 2006384 €
  19. 2006
    Name changeMUSICA NUMERIS
  20. 20/10/2005
    IncorporationPublic limited company