MADELON
InactiveMADELON was declared bankrupt on 04-05-2023 (Ondernemingsrechtbank Leuven); the bankruptcy was closed for insufficient assets by judgment of 16-11-2023, published in the Belgian State Gazette on 01-12-2023.
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 29-07-2022, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
2 d early
2020
30 d late
2019
6 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Equity
€52k=
2020 · €52k
2018: €52k
2019: €52k
2020: €52k
2018 → 2021
Total assets
€393k=
2020 · €393k
2018: €393k
2019: €393k
2020: €393k
2018 → 2021
Net result
€-23
Working capital
€-338k=
2020 · €-338k
2018: €-338k
2019: €-338k
2020: €-338k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€52k-€52k=€52k=€52k=
Net result€-23-
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Net result
2018 is the only fiscal year with figures: the net result is a loss of €23.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €393k
Fixed assets
€390k=
Current assets
€3k=
Equity and liabilities €393k
Equity
€52k=
Debt
€341k=
The debt ratio stays at 86.7%.
Key figures and ratios
Solvency
13.3%=
2020 · 13.3%
Current ratio
0.01=
2020 · 0.01
Quick ratio
0.01=
2020 · 0.01
Debt / equity
6.53
Debt
€341k=
2020 · €341k
Debt ≤ 1 year
€341k=
2020 · €341k
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 2020
Balance sheet
Code20202021
Assets
Total assets20/58€393k€393k=
Fixed assets21/28€390k€390k=
Financial fixed assets28€390k€390k=
Current assets29/58€3k€3k=
Amounts receivable within one year40/41€2k€2k=
Other amounts receivable41-€2k
Cash at bank and in hand54/58€408€408=
Equity and liabilities
Total equity and liabilities10/49€393k€393k=
Equity10/15€52k€52k=
Contributions10/11-€63k
Reserves13€3k€3k=
Non-distributable reserves130/1-€3k
Reserves not available under the articles1311-€3k
Profit (loss) carried forward14€-14k€-14k=
Amounts payable17/49€341k€341k=
Amounts payable within one year42/48€341k€341k=
Other amounts payable47/48-€341k
Income statement
Code20202021
Appropriation of the result
Profit (loss) to be appropriated9906-€-14k
Profit (loss) brought forward from the previous period14P-€-14k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
01-12
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Leuven · MADELON BV NAAMSESTEENWEG 29, 3052 BLANDEN · event 16-11-2023
10-05
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · MADELON BV NAAMSE- STEENWEG 29, 3052 BLANDEN · event 04-05-2023
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
06-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 6 days late
2019
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 7 days late
2018
19-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 19 days late
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 16 days late
2016
28-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
19-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 19 days late
2014
28-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 28 days late
2013
23-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 23 days late
SignalNBB filing
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
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 | JOHAN MOMMAERTS BRUSSELSESTEENWEG 62,
3000 LEUVEN |
04-05-2023 → present |