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MURIDEE

Open bankruptcy
Public limited companyfounded 1977Lar P 52, 8930 Menen, BelgiumKBO/BCE: BE 0417.469.093

A bankruptcy procedure is open for MURIDEE according to publications in the Belgian State Gazette; curator: SOFIE VANDEN BULCKE.

Summary

The 2023 annual accounts show equity of €2.36M and a net result of €109k.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 21-06-2024, 40 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
40 d early
2022
60 d early
2021
45 d early
2020
59 d early
2019
31 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2023, abbreviated schema

Equity
€2.36M▲ 4.8%
2022 · €2.25M
2018: €1.93M 2019: €2.11M 2020: €2.17M 2021: €2.21M 2022: €2.25M
2018 → 2023
Total assets
€2.48M▼ 54.9%
2022 · €5.50M
2018: €5.41M 2019: €5.98M 2020: €5.82M 2021: €5.48M 2022: €5.50M
2018 → 2023
Net result
€109k▲ 219%
2022 · €34k
2018: €209k 2019: €185k 2020: €54k 2021: €46k 2022: €34k
2018 → 2023
Working capital
€1.72M▲ 7.5%
2022 · €1.60M
2018: €1.31M 2019: €1.46M 2020: €1.52M 2021: €1.56M 2022: €1.60M
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20192020202120222023Trend
Equity€2.11M-€2.17M▲ 2.6%€2.21M▲ 2.1%€2.25M▲ 1.5%€2.36M▲ 4.8%
Operating result€267k-€43k▼ 83.8%€43k▼ 0.8%€30k▼ 30.6%€132k▲ 343%
Net result€185k-€54k▼ 70.6%€46k▼ 15.3%€34k▼ 25.8%€109k▲ 219%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200k€300kOperating result 2019: €267k€267kNet result 2019: €185k€185kOperating result 2020: €43k€43kNet result 2020: €54k€54kOperating result 2021: €43k€43kNet result 2021: €46k€46kOperating result 2022: €30k€30kNet result 2022: €34k€34kOperating result 2023: €132k€132kNet result 2023: €109k€109k20192020202120222023€0€50k€100k€150kOperating result 2021: €43k€43kNet result 2021: €46k€46kOperating result 2022: €30k€30kNet result 2022: €34k€34kOperating result 2023: €132k€132kNet result 2023: €109k€109k202120222023
The operating result recovers in 2023; 2023 is 343% above 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €2.48M
Fixed assets €654k =
Current assets €1.83M ▼ 62.3%
Equity and liabilities €2.48M
Equity €2.36M ▲ 4.8%
Debt €128k ▼ 96.1%
Debt's share of the balance-sheet total falls from 59.2% to 5.1%. Equity is higher and debt is lower.
Key figures and ratios
2023 value · change against 2022
EBITDA
€132k
2022 · €31k
Cash flow
€109k
2022 · €35k
Current ratio
16.68
2022 · 1.49
Debt to equity
0.05
2022 · 1.45
ROE
4.6%
2022 · 1.5%
ROA
4.4%
2022 · 0.6%
Interest coverage
2.06
2022 · 0.48
Debt ≤ 1 year
€110k
2022 · €3.25M
Income taxes
€50k
2022 · €22k
Staff costs
€378k
2022 · €449k
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 · 49 lines
Balance sheet Code20222023
Assets
Total assets20/58€5.50M€2.48M
Fixed assets21/28€655k€654k=
Tangible fixed assets22/27€504€241
Furniture and vehicles24€504€241
Financial fixed assets28€654k€654k=
Current assets29/58€4.85M€1.83M
Amounts receivable within one year40/41€4.75M€1.77M
Trade receivables40€185k€294k
Other amounts receivable41€4.56M€1.47M
Cash at bank and in hand54/58€67k€20k
Deferred charges and accrued income490/1€35k€44k
Equity and liabilities
Total equity and liabilities10/49€5.50M€2.48M
Equity10/15€2.25M€2.36M
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€2.15M€2.19M
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€2.14M€2.18M
Profit (loss) carried forward14€34k€109k
Amounts payable17/49€3.26M€128k
Amounts payable within one year42/48€3.25M€110k
Current portion of amounts payable after more than one year42€36k-
Trade debts44€29k€17k
Suppliers440/4€29k€17k
Taxes, remuneration and social security45€42k€93k
Taxes450/3€19k€69k
Remuneration and social security454/9€23k€24k
Other amounts payable47/48€3.14M-
Accrued charges and deferred income492/3€7k€18k
Income statement Code20222023
Remuneration, social security and pensions62€449k€378k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€928€263
Other operating charges640/8€4k€4k
Gross operating margin9900€484k€514k
Operating profit (loss)9901€30k€132k
Financial income75/76B€90k€91k
Recurring financial income75€90k€91k
Financial charges65/66B€64k€64k
Recurring financial charges65€64k€64k
Profit (loss) for the period before taxes9903€56k€159k
Income taxes67/77€22k€50k
Profit (loss) for the period9904€34k€109k
Profit (loss) for the period to be appropriated9905€34k€109k
Appropriation of the result
Profit (loss) to be appropriated9906€80k€143k
Profit (loss) brought forward from the previous period14P€46k€34k
Transfer to equity691/2€46k€34k
To other reserves6921€46k€34k
Social balance
Average headcount (FTE)90876.15.4

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2024
08-10
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · MURIDEE NV LAR P 52, 8930 MENEN · event 01-10-2024
21-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Liquidity times 11current ratio 16.68
Current ratio from 1.49 to 16.68; short-term debt falls from €3.25M to €110k.
01-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Weakest financial yearnet €34k ▼25.8%
Net result drops to €34k, the lowest in the series.
16-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
02-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
31-12
Financial Equity above €2MEq €2.11M ▲9.6%
2 profitable years in a row build equity to €2.11M.
07-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
07-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
17-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
24-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2015
02-06
NBB filing Annual accounts filed
fiscal year 2014 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
11 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, Menen · 1 establishment unit since 1977
establishment approximate The establishment unit on the map
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.

Lar P 528930 Menen
Ground area
8,898 m²
Building footprint
2,567 m²
Volume, LiDAR
15,118 m³
Parcel 34024C0383/00N000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Lar 52, 8930 Menen
Air transport
since 19772.013.995.657
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34024C0383/00N000 Flanders 8,898 m² 1 · 2,567 m² 8.8 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 SOFIE VANDEN BULCKE
KONING ALBERT- STRAAT 24 BUS 1, 8500 KORTRIJK
01-10-2024present

Similar companies · same sector, comparable size

Of 687 companies in sector 46412 we hold annual accounts for 517. 245 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
Founded16-06-1977
Fiscal year end31-12
Activities, NACEBEL 2025
46412Wholesale of household textiles and bedding
Sources
Crossroads Bank for EnterprisesNational Bank · 46 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.