M.A.
Open bankruptcyA bankruptcy procedure is open for M.A. according to publications in the Belgian State Gazette; curator: CHARLOTTE SAS.
Summary
The file additionally contains 1 administrative flag.
Inactive; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 09-01-2023, 162 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
162 d late
2020
167 d late
2019
532 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2021, micro schema
Equity
€-4k
2020 · €12k
2018: €2k
2019: €12k
2020: €12k
2018 → 2021
Total assets
€17k▲ 21.7%
2020 · €14k
2018: €15k
2019: €14k
2020: €14k
2018 → 2021
Net result
€-16k▼ 5,901%
2019 · €-264
2018: €924
2019: €-264
2018 → 2021
Working capital
€-14k▼ 663%
2020 · €-2k
2018: €-12k
2019: €-2k
2020: €-2k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€2k-€12k▲ 673%€12k=€-4k
Operating result€1k-€-236€-16k
Net result€924-€-264€-16k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €-16k in 2021, compared with €-236 in 2019. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €17k
Fixed assets
€10k ▼ 28.1%
Current assets
€7k ▲ 15,403%
Key figures and ratios
EBITDA
€-12k
Cash flow
€-12k
Solvency
-24.6%▼
2020 · 86.4%
Current ratio
0.33▲
2020 · 0.02
Quick ratio
0.08▲
2020 · 0.02
Debt to equity
-5.07
ROA
-95.5%
Interest coverage
-2403.17
Debt
€21k▲
2020 · €2k
Debt ≤ 1 year
€21k▲
2020 · €2k
Staff costs
€3k
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 · 2021 against 2020 · 39 lines
Balance sheet
Code20202021
Assets
Total assets20/58€14k€17k▲
Fixed assets21/28€14k€10k▼
Tangible fixed assets22/27€12k€8k▼
Plant, machinery and equipment23-€122
Furniture and vehicles24-€7k
Other tangible fixed assets26-€1k
Financial fixed assets28€2k€2k=
Current assets29/58€44€7k▲
Stocks and contracts in progress3-€5k
Stocks30/36-€5k
Amounts receivable within one year40/41€44€548▲
Other amounts receivable41-€548
Cash at bank and in hand54/58-€1k
Equity and liabilities
Total equity and liabilities10/49€14k€17k▲
Equity10/15€12k€-4k▼
Contributions10/11€18k€18k=
Capital10-€18k
Issued capital100-€19k
Uncalled capital101-€1k
Profit (loss) carried forward14€-6k€-22k▼
Amounts payable17/49€2k€21k▲
Amounts payable within one year42/48€2k€21k▲
Trade debts44-€16k
Suppliers440/4-€16k
Taxes, remuneration and social security45-€3k
Taxes450/3-€57
Remuneration and social security454/9-€3k
Other amounts payable47/48-€2k
Income statement
Code20202021
Remuneration, social security and pensions62-€3k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€4k
Gross operating margin9900-€-9k
Operating profit (loss)9901-€-16k
Financial charges65/66B-€5
Recurring financial charges65-€5
Profit (loss) for the period before taxes9903-€-16k
Profit (loss) for the period9904-€-16k
Profit (loss) for the period to be appropriated9905-€-16k
Appropriation of the result
Profit (loss) to be appropriated9906-€-22k
Profit (loss) brought forward from the previous period14P-€-6k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
16-03
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · M.A. BV BERGENSE- STEENWEG 24/8, 1600 SINT-PIETERS-LEEUW · event 10-03-2026
02-01
Bankruptcy
Judicial dissolution
Ondernemingsrechtbank Brussel · van: M.A. BV- BERGENSESTEENWEG 24/8, 1600 SINT-PIETERS-LEEUW
2025
07-05
KBO administration
Address struck
2023
09-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 162 days late
2022
14-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 167 days late
14-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 532 days late
2021
31-12
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series.
2019
30-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 152 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHARLOTTE SAS WOLSTRAAT 70 TWEED BUILDING,
1000 BRUSSEL 1 |
10-03-2026 → present |
Company data · Crossroads Bank
Identification
Legal formBV
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filings
Scores and ratios are computed by Checked and are not a credit decision.