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MA Group

Open bankruptcy
Private limited companyfounded 2020KBO/BCE: BE 0750.813.256

A bankruptcy procedure is open for MA Group according to publications in the Belgian State Gazette; curator: ALEXIA DE CLERCQ.

Summary

The file additionally contains 1 administrative flag. The 2021 annual accounts show equity of €14,616 and a net result of €12,616.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Ghent, Ghent division
Declared bankrupt
13 January 2026
Supervising judge
Ann De Causmaecker
Official Gazette
19-01-2026 (pdf) ↗search the document for 2026/101578

Deadlines

Provisional date payments stopped
13 January 2026A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 3 February 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 12 February 2026art. XX.104 and XX.155 CEL
First verification report
passed on 17 February 2026Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
13 January 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Alexia De ClercqEdgard Gevaertdreef 10, 9830 Sint-Martens-Latemadc@watersteen.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
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 14-06-2022, 47 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2021
47 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2021 accounts 47 days before the deadline; the Belgian median for financial year 2021 is 3 days before the deadline, and 44% of all filings were late.

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 publications
Publications
Address struck

History

MA Group was incorporated on 17 July 2020 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2021.2 On 13 January 2026 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021
  3. 3Belgian State Gazette, 19-01-2026

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2021, micro schema

Equity
€14,616
Total assets
€32,294
Net result
€12,616
Working capital
€14,032

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €32,294
Equity €14,616
Debt €17,678
Debt finances 54.7% of the balance-sheet total.
Key figures and ratios
2021 value
EBITDA
€20,276
Cash flow
€13,114
Current ratio
1.79
Debt to equity
1.21
ROE
86.3%
ROA
39.1%
Interest coverage
5.25
Debt ≤ 1 year
€17,678
Income taxes
€3,303
Annual accounts
Filed annual accounts As filed with the NBB · 2021 · 31 lines
Balance sheet Code2021
Assets
Total assets20/58€32,294
Formation expenses20€584
Current assets29/58€31,710
Amounts receivable within one year40/41€31,710
Trade receivables40€10,605
Other amounts receivable41€21,105
Equity and liabilities
Total equity and liabilities10/49€32,294
Equity10/15€14,616
Contributions10/11€2,000
Capital10€2,000
Issued capital100€2,000
Profit (loss) carried forward14€12,616
Amounts payable17/49€17,678
Amounts payable within one year42/48€17,678
Financial debts43€6
Credit institutions430/8€6
Trade debts44€14,369
Suppliers440/4€14,369
Taxes, remuneration and social security45€3,303
Taxes450/3€3,303
Income statement Code2021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€498
Other operating charges640/8€1,744
Gross operating margin9900€22,020
Operating profit (loss)9901€19,778
Financial charges65/66B€3,859
Recurring financial charges65€3,859
Profit (loss) for the period before taxes9903€15,919
Income taxes67/77€3,303
Profit (loss) for the period9904€12,616
Profit (loss) for the period to be appropriated9905€12,616
Appropriation of the result
Profit (loss) to be appropriated9906€12,616
Line2021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€498
Other operating charges640/8€1,744
Gross operating margin9900€22,020
Operating profit (loss)9901€19,778
Financial charges65/66B€3,859
Recurring financial charges65€3,859
Profit (loss) for the period before taxes9903€15,919
Income taxes67/77€3,303
Profit (loss) for the period9904€12,616
Profit (loss) for the period to be appropriated9905€12,616
Line2021
Assets
Total assets20/58€32,294
Formation expenses20€584
Current assets29/58€31,710
Amounts receivable within one year40/41€31,710
Trade receivables40€10,605
Other amounts receivable41€21,105
Equity and liabilities
Total equity and liabilities10/49€32,294
Equity10/15€14,616
Contributions10/11€2,000
Capital10€2,000
Issued capital100€2,000
Profit (loss) carried forward14€12,616
Amounts payable17/49€17,678
Amounts payable within one year42/48€17,678
Financial debts43€6
Credit institutions430/8€6
Trade debts44€14,369
Suppliers440/4€14,369
Taxes, remuneration and social security45€3,303
Taxes450/3€3,303
Line2021
Profit (loss) for the period9904€12,616
+ Depreciation and write-downs630€498
Operating cash flow (approximation)€13,114

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
19-01
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 13-01-2026
2025
12-05
KBO administration Address struck
Sleepstraat 229 9000 Die Sitzadresse Sleepstraat 229 9000 Gent · event 28-04-2025
2022
14-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
SignalNBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 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
Registered office, Gent · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
304 m²
Building footprint
192 m²
Volume, LiDAR
1,367 m³
2 parcels, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
MA Group
Frans Blocklaan 37, 2620 HemiksemFloor and wall tiling
since 20202.305.004.070
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11018B0015/00T000 Flanders 189 m² 1 · 65 m² 8.5 m · 3 fl.
44021A2106/00_000 Flanders 116 m² 1 · 127 m² 11.6 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator ALEXIA DE CLERCQ
EDGARD GEVAERTDREEF 10, 9830 SINT-MARTENS-LATEM
13-01-2026 → present

Identification & contact

Identification
Legal formPrivate limited company
Founded17-07-2020
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.