MEMNON ARCHIVING SERVICES
Open bankruptcyA bankruptcy procedure is open for MEMNON ARCHIVING SERVICES according to publications in the Belgian State Gazette; curator: WINNY TIRMARCHE.
Summary
The 2023 annual accounts show negative equity (€-758k) and a net result of €-2.28M.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2023, full schema
Turnover
€4.42M▲ 89.7%
2022 · €2.33M
2019: €4.66M
2020: €3.91M
2021: €1.82M
2022: €2.33M
2019 → 2023
EBIT margin
-48.7%▲ 61.5pp
2022 · -110.3%
2019: -35.0%
2020: -9.8%
2021: -112.7%
2022: -110.3%
2019 → 2023
Net result
€-2.28M▲ 15.5%
2022 · €-2.70M
2019: €-1.75M
2020: €-428k
2021: €-2.14M
2022: €-2.70M
2019 → 2023
Working capital
€-4.29M▼ 88.6%
2022 · €-2.27M
2019: €-5.09M
2020: €-5.78M
2021: €-7.43M
2022: €-2.27M
2019 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€4.66M-€3.91M▼ 16.2%€1.82M▼ 53.4%€2.33M▲ 28.0%€4.42M▲ 89.7%
Equity€-1.41M-€-1.85M▼ 31.6%€-4.01M▼ 116%€1.52M€-758k
Operating result€-1.63M-€-384k▲ 76.5%€-2.05M▼ 434%€-2.57M▼ 25.3%€-2.15M▲ 16.2%
Net result€-1.75M-€-428k▲ 75.5%€-2.14M▼ 399%€-2.70M▼ 26.3%€-2.28M▲ 15.5%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2.15M in 2023 against €2.57M in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €7.76M
Fixed assets
€3.59M ▼ 8.3%
Current assets
€4.16M ▲ 34.2%
Key figures and ratios
EBITDA
€-1.58M▲
2022 · €-1.93M
Cash flow
€-1.71M▲
2022 · €-2.06M
Solvency
-9.8%▼
2022 · 21.7%
Current ratio
0.49▼
2022 · 0.58
Quick ratio
0.47▼
2022 · 0.49
Debt to equity
-11.23▼
2022 · 3.62
ROA
-29.4%▲
2022 · -38.4%
Interest coverage
-6.44▲
2022 · -13.86
Debt
€8.52M▲
2022 · €5.50M
Debt ≤ 1 year
€8.45M▲
2022 · €5.38M
Debt > 1 year
€1k▼
2022 · €17k
Income taxes
€600
Staff costs
€1.21M▲
2022 · €1.14M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 65 lines
Balance sheet
Code20222023
Assets
Total assets20/58€7.02M€7.76M▲
Fixed assets21/28€3.92M€3.59M▼
Intangible fixed assets21€13k€8k▼
Tangible fixed assets22/27€2.37M€2.05M▼
Land and buildings22€3k€389▼
Plant, machinery and equipment23€2.17M€1.90M▼
Furniture and vehicles24€10k€11k▲
Leasing and similar rights25€21k€15k▼
Other tangible fixed assets26€170k€127k▼
Financial fixed assets28€1.53M€1.53M=
Current assets29/58€3.10M€4.16M▲
Stocks and contracts in progress3€469k€186k▼
Contracts in progress37€469k€186k▼
Amounts receivable within one year40/41€2.43M€3.66M▲
Trade receivables40€927k€1.13M▲
Other amounts receivable41€1.50M€2.53M▲
Cash at bank and in hand54/58€170k€282k▲
Deferred charges and accrued income490/1€39k€34k▼
Equity and liabilities
Total equity and liabilities10/49€7.02M€7.76M▲
Equity10/15€1.52M€-758k▼
Contributions10/11€11.91M€11.91M=
Capital10€10.67M€10.67M=
Issued capital100€10.67M€10.67M=
Outside capital11€1.23M€1.23M=
Share premium1100/10€1.23M€1.23M=
Reserves13€13k€13k=
Non-distributable reserves130/1€13k€13k=
Legal reserve130€13k€13k=
Profit (loss) carried forward14€-10.44M€-12.72M▼
Investment grants15€42k€42k=
Amounts payable17/49€5.50M€8.52M▲
Amounts payable after more than one year17€17k€1k▼
Financial debts170/4€17k€1k▼
Amounts payable within one year42/48€5.38M€8.45M▲
Current portion of amounts payable after more than one year42€116k€120k▲
Financial debts43€300k-
Credit institutions430/8€300k-
Trade debts44€712k€2.66M▲
Suppliers440/4€712k€2.66M▲
Advances received on contracts in progress46€3.46M€4.21M▲
Taxes, remuneration and social security45€177k€529k▲
Taxes450/3€25k€109k▲
Remuneration and social security454/9€152k€419k▲
Other amounts payable47/48€611k€930k▲
Accrued charges and deferred income492/3€108k€63k▼
Income statement
Code20222023
Turnover70€2.33M€4.42M▲
Non-recurring operating income76A€1k-
Goods, raw materials, services and sundry goods60/61€3.06M€4.76M▲
Remuneration, social security and pensions62€1.14M€1.21M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€640k€572k▼
Other operating charges640/8€70k€44k▼
Non-recurring operating charges66A€123€125▲
Gross operating margin9900€-719k€-326k▲
Operating profit (loss)9901€-2.57M€-2.15M▲
Financial income75/76B€12k€121k▲
Recurring financial income75€12k€121k▲
Financial charges65/66B€139k€246k▲
Recurring financial charges65€139k€246k▲
Profit (loss) for the period before taxes9903€-2.70M€-2.28M▲
Income taxes67/77-€600
Profit (loss) for the period9904€-2.70M€-2.28M▲
Profit (loss) for the period to be appropriated9905€-2.70M€-2.28M▲
Appropriation of the result
Profit (loss) to be appropriated9906€-10.44M€-12.72M▼
Profit (loss) brought forward from the previous period14P€-7.75M€-10.44M▼
Social balance
Average headcount (FTE)908710.713.6▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
03-08
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · MEMNON ARCHIVING SERVICES NV KAREELOVENLAAN 3B, 1140 EVERE · event 28-07-2026
2024
08-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 129 days late
2023
21-02
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 21 days late
2022
30-06
Financial
Weakest financial yearnet €-2.70M
Net result drops to €-2.70M, the lowest in the series.
30-06
Financial
Equity above €1MEq €1.52M
Equity rises from €-4.01M to €1.52M.
2021
02-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 2 days late
2020
23-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
01-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
03-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
02-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2015
24-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 55 days late
2014
02-12
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 124 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
36 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Evere · 1 establishment unit since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kareelovenlaan 3B1140 EvereGround area
3,902 m²
Building footprint
1,917 m²
Volume, LiDAR
12,229 m³
Parcel 21372D0102/00W000, Brussels · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kareelovenlaan 3B, 1140 Evere
since 20132.220.833.410
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21372D0102/00W000 | Brussels | 3,902 m² | 1 · 1,917 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | WINNY TIRMARCHE LOUIZALAAN 65 BUS 11,
1050 BRUSSEL 5 |
28-07-2026 → present |
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Of 2,725 companies in sector 63100 we hold annual accounts for 1,271. 534 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded13-10-1989
Fiscal year end30-06
Activities, NACEBEL 2025
62900Other information technology and computer services
63100Computing infrastructure, data processing, hosting and related activities
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.