M.D. INTERNATIONAL
InactiveM.D. INTERNATIONAL was declared bankrupt on 21-03-2023 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 09-07-2024, published in the Belgian State Gazette on 06-08-2024.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline22-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 10-07-2022, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
21 d early
2019
29 d early
2018
35 d early
← before the deadline
after the deadline →
Financials · fiscal year 2021, abbreviated schema
Equity
€676k=
2019 · €676k
2018: €1.27M
2019: €676k
2018 → 2021
Total assets
€2.16M=
2019 · €2.16M
2018: €3.35M
2019: €2.16M
2018 → 2021
Net result
€-595k▼ 1,361%
2018 · €-41k
2018: €-41k
2018 → 2019
Working capital
€-1.48M=
2019 · €-1.48M
2018: €-1.81M
2019: €-1.48M
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192021Trend
Equity€1.27M-€676k▼ 46.8%€676k=
Operating result€-23k-€123k
Net result€-41k-€-595k▼ 1,361%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2019: €123k after a loss of €23k in 2018.
Balance-sheet composition
2021 in colour, 2019 as the grey bar beneath
Assets €2.16M
Fixed assets
€2.16M=
Current assets
€895=
Equity and liabilities €2.16M
Equity
€676k=
Debt
€1.48M=
The debt ratio stays at 68.7%.
Key figures and ratios
Solvency
31.3%=
2019 · 31.3%
Current ratio
0.00=
2019 · 0.00
Quick ratio
0.00=
2019 · 0.00
Debt / equity
2.19
Debt
€1.48M=
2019 · €1.48M
Debt ≤ 1 year
€1.48M=
2019 · €1.48M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2021 against 2019
Balance sheet
Code20192021
Assets
Total assets20/58€2.16M€2.16M=
Fixed assets21/28€2.16M€2.16M=
Financial fixed assets28€2.16M€2.16M=
Current assets29/58€895€895=
Cash at bank and in hand54/58€895€895=
Equity and liabilities
Total equity and liabilities10/49€2.16M€2.16M=
Equity10/15€676k€676k=
Contributions10/11€759k€759k=
Capital10-€759k
Issued capital100-€759k
Reserves13€8k€8k=
Non-distributable reserves130/1-€8k
Legal reserve130-€8k
Profit (loss) carried forward14€-90k€-90k=
Amounts payable17/49€1.48M€1.48M=
Amounts payable within one year42/48€1.48M€1.48M=
Other amounts payable47/48-€1.48M
Income statement
Code20192021
Gross operating margin9900€123k-
Operating profit (loss)9901€123k-
Recurring financial charges65€203-
Profit (loss) for the period before taxes9903€-869k-
Profit (loss) for the period9904€-595k-
Profit (loss) for the period to be appropriated9905€-62k-
Appropriation of the result
Profit (loss) to be appropriated9906-€-90k
Profit (loss) brought forward from the previous period14P-€-90k
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
06-08
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · M.D. INTER- NATIONAL NV GROENE JAGERSLAAN 64, 1180 UKKEL · event 09-07-2024
2023
28-03
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · M.D. INTERNATIONAL NV GROENE JAGERSLAAN 64, 1180 UKKEL · event 21-03-2023
2022
10-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 5 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
10-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 10 days late
2015
24-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 55 days late
2014
29-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
29-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 29 days late
2012
24-08
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 24 days late
SignalNBB filing
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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 | GUNTHER PEETERS KUNSTLAAN 24 BUS 9,
1000 BRUSSEL 1 |
21-03-2023 → present |