MADAEV
Bankruptcy closedInactive since 11-06-2026; last annual accounts for fiscal year 2021.
Summary
MADAEV was declared bankrupt on 23-05-2024 (Ondernemingsrechtbank Antwerpen, afdeling Hasselt); the bankruptcy was closed for insufficient assets by judgment of 09-06-2026, published in the Belgian State Gazette on 15-06-2026.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 28-09-2022, 59 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2021
59 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Turnover
€0
Total assets
€17k
Net result
€3k
Working capital
€12k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Equity and liabilities €17k
Equity
€5k
Debt
€12k
Debt finances 69.7% of the balance-sheet total.
Key figures and ratios
Current ratio
3.45
Debt to equity
2.30
ROE
61.6%
ROA
18.7%
Debt ≤ 1 year
€5k
Debt > 1 year
€7k
Income taxes
€803
Filed annual accounts As filed with the NBB · 2021 · 30 lines
Balance sheet
Code2021
Assets
Total assets20/58€17k
Current assets29/58€17k
Amounts receivable within one year40/41€12k
Trade receivables40€12k
Other amounts receivable41€364
Cash at bank and in hand54/58€5k
Equity and liabilities
Total equity and liabilities10/49€17k
Equity10/15€5k
Contributions10/11€2k
Profit (loss) carried forward14€3k
Amounts payable17/49€12k
Amounts payable after more than one year17€7k
Financial debts170/4€7k
Amounts payable within one year42/48€5k
Trade debts44€1k
Suppliers440/4€1k
Taxes, remuneration and social security45€4k
Taxes450/3€4k
Other amounts payable47/48€80
Income statement
Code2021
Turnover70€0
Goods, raw materials, services and sundry goods60/61€0
Gross operating margin9900€4k
Operating profit (loss)9901€4k
Financial charges65/66B€86
Recurring financial charges65€86
Profit (loss) for the period before taxes9903€4k
Income taxes67/77€803
Profit (loss) for the period9904€3k
Profit (loss) for the period to be appropriated9905€3k
Appropriation of the result
Profit (loss) to be appropriated9906€3k
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
2026
15-06
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 09-06-2026
2024
30-05
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 23-05-2024
2022
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 59 days late
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.
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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, Sint-Truiden
Ground area
267 m²
Building footprint
241 m²
Volume, LiDAR
2,657 m³
Parcel 71353E0332/00E000, Flanders · tallest building 14.8 m, ±4 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71353E0332/00E000 | Flanders | 267 m² | 1 · 241 m² | 14.8 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | CECILE NOELMANS Moerenstraat 33, 3700 TONGEREN- |
23-05-2024 → 09-06-2026 |
| Curator | CATHERINE NOELMANS MOEREN-
STRAAT 33, 3700 TONGEREN |
23-05-2024 → 09-06-2026 |
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Of 12,957 companies in sector 47120 we hold annual accounts for 2,190. 1,002 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-07-2021
Fiscal year end31-12
Activities, NACEBEL 2025
47120Other non-specialised retail sale
82100Office administrative and support services
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.