Checked.be
Active
BE 0742.609.927Private limited companyOpen bankruptcy
M ADVICE
· 6 yrs active
Sector: Financial services
(64210)
Conclusion
A bankruptcy procedure is open for M ADVICE according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2023 annual accounts show negative equity (€-27k) and a net result of €-38k.
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €-27k |
| Net result | €-38k |
| Better than sector | 5% |
| Active | 6 yrs |
Snowflake analysis
33
/ 100
Fragile profile, watch health in particular.
Health
0
Profitability
100
Solvency
33
Growth
32
Stability
0
Bankruptcy probability (12 mo)
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
53 / 100
High riskComponents
· Open bankruptcy (+50)
· 1 administrative flag (+3)
Trust signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
Address struck
Health barometer
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.
Financial overview
Annual accounts filed on 30-08-2024 with the NBB · fiscal year 2023 · micro
Sector comparison
Fiscal year 2023 · NACE 64, Financial services · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -61.8% | 50.6% | |
| Net result | €-38k | €28k | |
| Equity | €-27k | €67k | |
| Gross operating margin | €27k | €46k | |
| Total assets | €44k | €168k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€-38k
-
far below sector median
€44k
-36.0%
-88% vs sector
€-27k
-
far below sector median
€-2k
-
far below sector median
€9k
-
far above sector median
€72k
+21.4%
+196% vs sector
€59k
+46.1%
+143% vs sector
€13k
-31.1%
-86% vs sector
-61.8%
-
far below sector median
137.4%
+39.0%
far above sector median
-84.8%
-
far below sector median
Figures by fiscal year
| Fiscal year | 2023 |
|---|---|
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €-38k |
| Cash flow | n/a |
| Staff costs | - |
| Income taxes | €-2k |
| Dividends | - |
| Total assets | €44k |
| Equity | €-27k |
| Debt | €72k |
| of which ≤ 1y | €59k |
| of which > 1y | €13k |
| Working capital | n/a |
| Employees (FTE) | - |
Ratios (computed)
| 2023 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | -61.8% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | -84.8% |
| ROE | 137.4% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €44k |
| Fixed assets | 21/28 | €28k |
| Tangible fixed assets | 22/27 | €25k |
| Financial fixed assets | 28 | €3k |
| Current assets | 29/58 | €16k |
| Amounts receivable within one year | 40/41 | €15k |
| Cash & bank | 54/58 | €14 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €44k |
| Equity | 10/15 | €-27k |
| Contributions / capital | 10/11 | €5k |
| Accumulated profits (losses) | 14 | €-32k |
| Amounts payable | 17/49 | €72k |
| Amounts payable after one year | 17 | €13k |
| Amounts payable within one year | 42/48 | €59k |
| Income statement | ||
| Gross operating margin | 9900 | €27k |
| Operating result | 9901 | €-37k |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €-39k |
| Income taxes | 67/77 | €-2k |
| Net result for the period | 9904 | €-38k |
| Result to be appropriated | 9905 | €-38k |
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | PHILIPPE VAN LIEFFERINGE BOTERHOEK 3,
9860 OOSTERZELE |
22-10-2024 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Financial services(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 28-01-2020 |
| Status | Active |
| Postal code | - |
| First BS signal | 28-10-2024 |
| Latest BS signal | 28-10-2024 |
Connections & network
Group structure
Subsidiary · 1 location
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Company structure, linked entities
Mandates
Real-estate footprint
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.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44027B0308/00E000 | Flanders | 960 m² | 1 · 122 m² | 6.8 m · 1 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2024
28-10-2024
Bankruptcy
Opening
27-09-2024
KBO administration
Address struck
30-08-2024
NBB filing
Annual accounts filed
2023
09-08-2023
NBB filing
Annual accounts filed
2022
30-08-2022
NBB filing
Annual accounts filed
2021
20-07-2021
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
28-10-2024
Bankruptcy
Opening
27-09-2024
KBO administration
Address struck
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE)
Activities
Holdings64200Activiteiten van holdings64210
Primary activity highlighted.
Names & trade names
| Legal nameNL | M ADVICE |
Registration history
- 05-08-2024 Address struck
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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