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MADAEV

Bankruptcy closed
Private limited companyKBO/BCE: BE 0770.600.365

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

Inactive since 11-06-2026; last annual accounts for financial 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 Official Gazette on 15-06-2026.

MADAEVBankruptcy closed

Financials · financial year 2021, micro format

2021 annual accounts filed late (59 days) Filed on 28 September 2022, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2022-20438161.

Latest annual accounts filed

Annual accounts 2021

Download PDF
Financial year ended
31-12-2021
Filed on
28-09-2022
Format
micro format
Reference
2022-20438161
Turnover
€0
Total assets
€17,196
Net result
€3,213
Working capital
€12,213
Balance-sheet composition
Equity and liabilities €17,196
Equity €5,213
Debt €11,983
Debt finances 69.7% of the balance-sheet total.
Key figures and ratios
2021 value
Current ratio
3.45
Debt to equity
2.30
ROE
61.6%
ROA
18.7%
Debt ≤ 1 year
€4,983
Debt > 1 year
€7,000
Income taxes
€803
Annual accounts
Filed annual accounts As filed with the NBB · 2021 · 30 lines

Source: Annual accounts 2021 (PDF), filed with the National Bank on 28-09-2022.

Balance sheet Code2021
Assets
Total assets20/58€17,196
Current assets29/58€17,196
Amounts receivable within one year40/41€12,377
Trade receivables40€12,013
Other amounts receivable41€364
Cash at bank and in hand54/58€4,819
Equity and liabilities
Total equity and liabilities10/49€17,196
Equity10/15€5,213
Contributions10/11€2,000
Profit (loss) carried forward14€3,213
Amounts payable17/49€11,983
Amounts payable after more than one year17€7,000
Financial debts170/4€7,000
Amounts payable within one year42/48€4,983
Trade debts44€1,024
Suppliers440/4€1,024
Taxes, remuneration and social security45€3,879
Taxes450/3€3,879
Other amounts payable47/48€80
Income statement Code2021
Turnover70€0
Goods, raw materials, services and sundry goods60/61€0
Gross operating margin9900€4,102
Operating profit (loss)9901€4,102
Financial charges65/66B€86
Recurring financial charges65€86
Profit (loss) for the period before taxes9903€4,017
Income taxes67/77€803
Profit (loss) for the period9904€3,213
Profit (loss) for the period to be appropriated9905€3,213
Appropriation of the result
Profit (loss) to be appropriated9906€3,213

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the filed accounts (PDF).

Line2021
Turnover70€0
Goods, raw materials, services and sundry goods60/61€0
Gross operating margin9900€4,102
Operating profit (loss)9901€4,102
Financial charges65/66B€86
Recurring financial charges65€86
Profit (loss) for the period before taxes9903€4,017
Income taxes67/77€803
Profit (loss) for the period9904€3,213
Profit (loss) for the period to be appropriated9905€3,213
Line2021
Assets
Total assets20/58€17,196
Current assets29/58€17,196
Amounts receivable within one year40/41€12,377
Trade receivables40€12,013
Other amounts receivable41€364
Cash at bank and in hand54/58€4,819
Equity and liabilities
Total equity and liabilities10/49€17,196
Equity10/15€5,213
Contributions10/11€2,000
Profit (loss) carried forward14€3,213
Amounts payable17/49€11,983
Amounts payable after more than one year17€7,000
Financial debts170/4€7,000
Amounts payable within one year42/48€4,983
Trade debts44€1,024
Suppliers440/4€1,024
Taxes, remuneration and social security45€3,879
Taxes450/3€3,879
Other amounts payable47/48€80
Line2021
Profit (loss) for the period9904€3,213
Operating cash flow (approximation)€3,213

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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Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2021 micro format 28-09-2022 2022-20438161 PDF

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.