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Generated 12-08-2026
Active BE 0888.249.586Private limited companyOpen bankruptcy

Ma Belle

· 19 yrs active
Sector: Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden (56112)
Conclusion Checked

A bankruptcy procedure is open for Ma Belle according to publications in the Belgian State Gazette. The 2022 annual accounts show negative equity (€-186k) and a net result of €-53k.

Based on the State Gazette, CBE and 3 annual accounts.
Key figures
Equity €-186k
Net result €-53k
Better than sector 7%
Active 19 yrs
Snowflake analysis 5 of 5 axes measured · computed by Checked
Health0Profitability100Solvency33Growth58Stability0
38 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 100
Solvency 33
Growth 58
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
50 / 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)
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 Flags 0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2022 · computed
0 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from 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 overview10 NBB filings
Annual accounts filed on 08-12-2023 with the NBB · fiscal year 2022 · verkort
€-200k€-100k€0Operating result 2019: €13k€13kNet result 2019: €-185k€-185kOperating result 2020: €30k€30kNet result 2020: €-162k€-162kOperating result 2022: €-41k€-41kNet result 2022: €-53k€-53k201920202022
Operating resultNet result
Sector comparison
Fiscal year 2022 · NACE 56, Food & beverage service · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency -111.2% 17.0%
better than 7% of 434 sector peers
Net result €-53k €4k
better than 16% of 431 sector peers
Equity €-186k €32k
better than 8% of 434 sector peers
Gross operating margin €7k €207k
better than 14% of 428 sector peers
Staff costs €44 €208k
higher than 5% of 359 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€-21k
- 19-22
Net profit
€-53k
+67.5% 19-22
Cash flow
€-33k
+77.2% 19-22
Total assets
€167k
-21.3% 19-22
Equity
€-186k
-29.7% 19-22
Working capital
€-46k
+68.3% 19-22
Employees (FTE)
2
- 19-22
Staff costs
€44
- 19-22
Income taxes
€-53
- 19-22
Debt
€353k
-0.8% 19-22
Debt ≤ 1y
€48k
-69.2% 19-22
Debt > 1y
€304k
+53.3% 19-22
Current ratio
0.04
-44.7% 19-22
Quick ratio
0.04
+52.3% 19-22
Solvency
-111.2%
-64.8% 19-22
Debt / equity
-1.90
-37.0% 19-22
ROE
28.3%
-75.0% 19-22
ROA
-31.5%
+58.7% 19-22
Interest coverage
-1.79
- 19-22
Figures by fiscal year
Fiscal year2022
Depositverkort
Revenue-
EBITDA€-21k
Net profit€-53k
Cash flow€-33k
Staff costs€44
Income taxes-
Dividends-
Total assets€167k
Equity€-186k
Debt€353k
of which ≤ 1y€48k
of which > 1y€304k
Working capital€-46k
Employees (FTE)-
Ratios (computed)
2022
Current ratio0.04
Quick ratio0.04
Working capital ratio-27.8%
Solvency-111.2%
Debt / equity-1.90
Long-term debt ratio-1.64
Interest coverage-1.79
Gross margin-
Net margin-
ROA-31.5%
ROE28.3%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€167k
Fixed assets 21/28€165k
Tangible fixed assets 22/27€161k
Financial fixed assets 28€4k
Current assets 29/58€2k
Cash & bank 54/58€2k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€167k
Equity 10/15€-186k
Contributions / capital 10/11€19k
Accumulated profits (losses) 14€-204k
Amounts payable 17/49€353k
Amounts payable after one year 17€304k
Amounts payable within one year 42/48€48k
Trade debts payable within one year 44€1k
Income statement
Gross operating margin 9900€7k
Operating result 9901€-41k
Financial charges 65€12k
Result before taxes 9903€-53k
Net result for the period 9904€-53k
Result to be appropriated 9905€-53k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 1 directors
Current directors & mandates
  • DIELS Suzy Lea Willy
    Liquidator
    State Gazette act 23418760 (31-10-2023)
    Current
    31-10-2023 → present
    2 events
    • 31-10-2023 Resigned· Director
    • 31-10-2023 Appointed· Liquidator
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 CATHARINA ORLENT
PR. JOS. CHARLOTTELAAN 71, 9100 SINT-NIKLAAS
 27-06-2024 → present Belgian State Gazette
Legal Structure
NACE primary Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden(56112)
Legal form Private limited company(610)
Incorporation26-03-2007
StatusActive
Postal code-
First BS signal 03-07-2024
Latest BS signal 03-07-2024
Establishment units 1 location
Ma Belle
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
since 20072.162.799.793
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.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11442C0035/00S006 Flanders 185 m² 1 · 153 m² 10.2 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 12 events

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

2024
03-07-2024
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · MA BELLE BV PAAL- STRAAT 205, 2900 SCHOTEN · event 27-06-2024
2023
08-12-2023
NBB filing Annual accounts filed
fiscal year 2022 · verkort
31-10-2023
State Gazette act Director changes
v3.2
08-06-2023
NBB filing Annual accounts filed
fiscal year 2021 · verkort
2021
30-08-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
01-09-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
02-10-2019
NBB filing Annual accounts filed
fiscal year 2018 · micro
2018
31-08-2018
NBB filing Annual accounts filed
fiscal year 2017 · micro
2017
31-08-2017
NBB filing Annual accounts filed
fiscal year 2016 · micro
2016
31-08-2016
NBB filing Annual accounts filed
fiscal year 2015 · verkort
15-06-2016
NBB filing Annual accounts filed
fiscal year 2014 · verkort
2014
28-08-2014
NBB filing Annual accounts filed
fiscal year 2013 · verkort
Lifecycle & Insolvency Signals 1 events
03-07-2024
Bankruptcy Opening
Date: 27-06-2024 · Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · MA BELLE BV PAAL- STRAAT 205, 2900 SCHOTEN · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262024-07-03 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 2 years ago
2023
31-10-2023 1 director appointed, 1 resigning Director changes
  • DIELS Suzy Lea Willy, Vereffenaar
  • DIELS Suzy Lea Willy, Bestuurder
Summary: v3.2
Technical details 
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  "schema": "v3.2",
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Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE) Crossroads Bank
Activities
Fastfoodzaken, snackbars, frituren en dergelijke55302Eetgelegenheden met beperkte bediening56102Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112
Primary activity highlighted.
Names & trade names
Legal nameNL Ma Belle
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative