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Checked.be
Complete company report
Generated 19-08-2026
Active BE 0536.902.720Private limited company (pre-2019)Open bankruptcy

BAB MADINA

· 13 yrs active
Conclusion Checked

A bankruptcy procedure is open for BAB MADINA according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2022 annual accounts show equity of €4k and a net result of €-1k.

Based on the State Gazette, CBE and 4 annual accounts.
Key figures
Equity €4k
Net result €-1k
Active 13 yrs
Board 3
Financial profile 5 of 5 axes measured · computed by Checked
Health0Profitability16Solvency12Growth85Stability0
23 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 16
Solvency 12
Growth 85
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
53 / 100
High riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
· 1 administrative flag (+3)
Trust signals 2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags1 events
Address struck
Health barometer FY 2022 · computed
0 / 100 Critical
050100
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2022 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview8 NBB filings
Annual accounts filed on 28-02-2023 with the NBB · fiscal year 2022 · volledig
€-100k€0€100k€200kRevenue 2019: €81k€81kOperating result 2019: €-775€-775Net result 2019: €-15k€-15kRevenue 2020: €118k€118kOperating result 2020: €-2k€-2kNet result 2020: €-18k€-18kRevenue 2021: €159k€159kOperating result 2021: €6k€6kNet result 2021: €-12k€-12kRevenue 2022: €186k€186kOperating result 2022: €2k€2kNet result 2022: €-1k€-1k2019202020212022
RevenueOperating resultNet result
Revenue
€186k
+16.9% 19-22
EBITDA
€10k
+32.7% 19-22
Net profit
€-1k
+89.5% 19-22
Cash flow
€7k
- 19-22
Total assets
€38k
+247.1% 19-22
Equity
€4k
-22.2% 19-22
Working capital
€-10k
- 19-22
Income taxes
€858
- 19-22
Show 11 other metrics
Debt
€34k
+537.8% 19-22
Debt ≤ 1y
€34k
+537.8% 19-22
Current ratio
0.69
-53.2% 19-22
Quick ratio
0.61
-53.2% 19-22
Solvency
11.6%
-77.6% 19-22
Debt / equity
7.59
- 19-22
ROE
-28.5%
+86.5% 19-22
ROA
-3.3%
+97.0% 19-22
Net margin
-0.7%
+91.0% 19-22
EBITDA margin
5.4%
+13.5% 19-22
Interest coverage
3.83
- 19-22
Figures by fiscal year
Fiscal year2022
Depositvolledig
Revenue€186k
EBITDA€10k
Net profit€-1k
Cash flow€7k
Staff costs-
Income taxes€858
Dividends-
Total assets€38k
Equity€4k
Debt€34k
of which ≤ 1y€34k
of which > 1y-
Working capital€-10k
Employees (FTE)-
Ratios (computed)
2022
Current ratio0.69
Quick ratio0.61
Working capital ratio-27.2%
Solvency11.6%
Debt / equity7.59
Long-term debt ratio-
Interest coverage3.83
Gross margin14.1%
Net margin-0.7%
ROA-3.3%
ROE-28.5%
EBITDA margin5.4%
Days sales outstanding29d
Days payable outstanding72d
Inventory turnover54.76
Days inventory (DSI)7d
Balance-sheet composition 2022
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€38k
Fixed assets 21/28€15k
Tangible fixed assets 22/27€15k
Current assets 29/58€23k
Stocks & contracts in progress 3€3k
Amounts receivable within one year 40/41€15k
Cash & bank 54/58€6k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€38k
Equity 10/15€4k
Contributions / capital 10/11€17k
Reserves 13€770
Accumulated profits (losses) 14€-13k
Amounts payable 17/49€34k
Amounts payable within one year 42/48€34k
Trade debts payable within one year 44€32k
Income statement
Turnover 70€186k
Gross operating margin 9900€26k
Operating result 9901€2k
Financial income 75€460
Financial charges 65€3k
Result before taxes 9903€-416
Income taxes 67/77€858
Net result for the period 9904€-1k
Result to be appropriated 9905€-1k
This table shows the latest fiscal year. 3 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 5 directors
Current directors & mandates
  • Valerio Dembo Randy
    Gérant
    State Gazette act 25043395 (02-04-2025)
    Current
    02-04-2025 → present
  • Abbas Mahdin
    Director
    State Gazette act 25024768 (24-02-2025)
    Current
    24-02-2025 → present
  • EL HAFDI Hassan
    Director
    State Gazette act 24111713 (24-07-2024)
    Current
    11-07-2024 → present
Former directors (2)
  • MEHDID Safia
    Director
    State Gazette act 24094005 (21-06-2024)
    Former
    11-06-2024 → 11-07-2024
    2 events
    • 11-07-2024 Resigned· Director
    • 11-06-2024 Appointed· Director
  • BERRAK Mounir
    Director
    State Gazette act 24094005 (21-06-2024)
    Former
    - → 11-06-2024
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Directors & mandates1 person
Role Name Tenure Source
Curator GUY KELDER
PLACE GUY D’AREZZO 18, 1180 UCCLE-
 15-09-2025 → present Belgian State Gazette
Legal Structure
NACE primary -
Legal form Private limited company (pre-2019)(015)
Incorporation24-07-2013
StatusActive
Postal code-
First BS signal 19-09-2025
Latest BS signal 19-09-2025
Establishment units 1 location
Bab Madina
Jubelfeestlaan 174, 1080 Sint-Jans-MolenbeekMarkt- en straathandel in voedings- en genotmiddelen
since 20132.224.413.007
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21522B0623/00L000 Brussels 2,442 m² 1 · 406 m² 19.8 m · 2 fl.
21012F0367/00L002 Brussels 76 m² 1 · 63 m² 18.6 m · 5 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 15 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
19-09-2025
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL BAB MADINA RUE DE LA COLONNE 1A, 1080 MOLENBEEK-SAINT-JEAN · event 15-09-2025
27-06-2025
KBO administration Address struck
02-04-2025
State Gazette act Director changes
24-02-2025
State Gazette act Director changes
2024
24-07-2024
State Gazette act Capital & shares
21-06-2024
State Gazette act Capital & shares
2023
28-02-2023
NBB filing Annual accounts filed
fiscal year 2022 · volledig
2022
31-01-2022
NBB filing Annual accounts filed
fiscal year 2021 · volledig
2021
09-02-2021
NBB filing Annual accounts filed
fiscal year 2020 · volledig
2020
20-01-2020
NBB filing Annual accounts filed
fiscal year 2019 · volledig
2018
27-06-2018
NBB filing Annual accounts filed
fiscal year 2017 · volledig
2017
27-01-2017
NBB filing Annual accounts filed
fiscal year 2016 · volledig
2016
29-01-2016
NBB filing Annual accounts filed
fiscal year 2015 · volledig
2014
05-11-2014
NBB filing Annual accounts filed
fiscal year 2014 · volledig
Lifecycle & Insolvency Signals2 events
19-09-2025
Bankruptcy Opening
Date: 15-09-2025 · Tribunal de l’entreprise francophone de Bruxelles · SRL BAB MADINA RUE DE LA COLONNE 1A, 1080 MOLENBEEK-SAINT-JEAN · Publications in State Gazette ↗
Full insolvency chronology

The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.

We hold 1 further earlier event in this file, covering 27-06-2025 to 15-09-2025.

Available in Kantoor S. See plans →
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-06-27 · KBO administration · Address struck2025-09-19 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage 0 of 5 acts read

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 4 acts
Capital history · 2
24-07-2024
Capital change
21-06-2024
Capital change
All acts · 4 updated 1 year ago
2025
02-04-2025 Valerio Dembo Randy appointed as gérant Director changes
  • Valerio Dembo Randy, Gérant
Technical details 
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      "kind": "substantive_delegation",
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  "act_meta": {
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    "pub_date": "2025-04-02",
    "filing_date": "2025-03-26",
    "act_kind_objet": "Objet de l\u0027acte:"
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  "decisions": [
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      "body": "buitengewone_algemene_vergadering",
      "date": "2025-03-20",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0536.902.720",
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  "co_filed_documents": [],
  "corrected_publication_numac": null
}
24-02-2025 2 directors appointed Director changes
  • Abbas Mahdin, Bestuurder
  • Abbas Mahdin, Bestuurder
Technical details 
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    {
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      "decharge_status": null,
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  "notary": {
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  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
2024
24-07-2024 Transaction in capital or shares Capital & shares
Technical details 
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      "kind": "share_transfer",
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      "subscribers": [
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          "name": "EL HAFDI Hassan",
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  },
  "act_meta": {
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  },
  "bedrijfsrevisor": null,
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    "name_full": "BAB MADINA",
    "legal_form": "Soci\u00E9t\u00E9 \u00E0 Resspnsabilit\u00E9 Limit\u00E9e",
    "is_foreign_registered": false
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  "publication_proxy": {
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  "co_filed_documents": [],
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    },
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      "name": "MEHDID Safia",
      "role": null,
      "n_shares": null,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
21-06-2024 Transaction in capital or shares Capital & shares
Technical details 
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      "subscribers": [
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          "kind": "person",
          "name": "Monsieur BERRAK Mounir",
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          "name": "Madame MEHDID Safia",
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        }
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    },
    {
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        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Bruxelles",
    "is_associated": false
  },
  "act_meta": {
    "language": "fr",
    "pub_date": null,
    "filing_date": "2024-06-13",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decision": {
    "body": "algemene_vergadering",
    "act_date": "2024-06-11",
    "unanimous": true,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2024-06-11"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0536.902.720",
    "name_full": "BAB MADINA",
    "legal_form": "Soci\u00E9t\u00E9 \u00E0 Resspnsabilit\u00E9 Limit\u00E9e",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Madame MEHDID Safia",
      "role": "administrateur",
      "n_shares": 100,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Monsieur BERRAK Mounir",
      "role": null,
      "n_shares": null,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameFR BAB MADINA
Registration history
  1. 27-06-2025 Address struck
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative