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Complete company report
Generated 27-08-2026
Active BE 0799.135.092Private limited company

MADINA LEGUE EXPRESS

Rogierstraat 159 ·1030 Schaarbeek, Belgium· 3 yrs active
Sector: Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen (47110)
Conclusion Checked

The KBO register records legal situation 050 for MADINA LEGUE EXPRESS (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2023 annual accounts show equity of €2k and a net result of €46.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €2k
Net result €46
Better than sector 87%
Active 3 yrs
Financial profile 4 of 5 axes measured · computed by Checked
Health11Profitability11Solvency100Growth-Stability0
30 / 100

Fragile profile, watch stability in particular.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 11
Profitability 11
Solvency 100
Growth -
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
20 / 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
· 2 historical bankruptcy publications (+20)
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.
Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Administrative Flags0 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 2023 · computed
11 / 100 Critical
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2023 and the legal situation the KBO register itself records. Indicative, not credit advice.
Financial overview1 NBB filings
Annual accounts filed on 03-09-2024 with the NBB · fiscal year 2023 · micro
Sector comparison
Fiscal year 2023 · NACE 47, Retail trade · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 67.4% 20.0%
better than 87% of 5809 sector peers
Net result €46 €3k
better than 39% of 5789 sector peers
Equity €2k €15k
better than 30% of 5817 sector peers
Gross operating margin €4k €23k
better than 29% of 5763 sector peers
Total assets €3k €93k
better than 5% of 5809 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2023
Depositmicro
Revenue-
EBITDA€2k
Net profit€46
Cash flow€839
Staff costs-
Income taxes€579
Dividends-
Total assets€3k
Equity€2k
Debt€991
of which ≤ 1y€991
of which > 1y-
Working capital€2k
Employees (FTE)-
Ratios (computed)
2023
Current ratio3.06
Quick ratio0.49
Working capital ratio67.4%
Solvency67.4%
Debt / equity0.48
Long-term debt ratio-
Interest coverage2.48
Gross margin-
Net margin-
ROA1.5%
ROE2.2%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts (19 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€3k
Current assets 29/58€3k
Stocks & contracts in progress 3€3k
Amounts receivable within one year 40/41€241
Cash & bank 54/58€210
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€3k
Equity 10/15€2k
Contributions / capital 10/11€2k
Accumulated profits (losses) 14€46
Amounts payable 17/49€991
Amounts payable within one year 42/48€991
Trade debts payable within one year 44€274
Income statement
Gross operating margin 9900€4k
Operating result 9901€2k
Financial charges 65€959
Result before taxes 9903€625
Income taxes 67/77€579
Net result for the period 9904€46
Result to be appropriated 9905€46
Ratios computed by Checked.
Directors & mandates 2 directors
Current directors & mandates
  • BAH Djuma
    Director
    State Gazette act 24079642 (27-05-2024)
    Current
    27-05-2024 → present
Former directors (1)
  • BAH Sadio
    Director
    State Gazette act 24079642 (27-05-2024)
    Former
    - → 27-05-2024
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 Catherine HERINCKX
AVENUE DU CONGO 1, 1050 IXELLES
 15-09-2025 → present Belgian State Gazette
Legal Structure
NACE primary Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen(47110)
Legal form Private limited company(610)
Incorporation03-03-2023
StatusActive
Postal code1030
First insolvency signal 22-09-2025
Latest insolvency signal 16-06-2026
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.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21908E0025/00Z003 Brussels 97 m² 1 · 98 m² 15.9 m · 4 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 8 events

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

2026
16-06-2026
Bankruptcy Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · SRL MADINA LEGUE EXPRESS RUE ROGIER 159, 1030 Schaerbeek. déclarée le 15 septembre 2025 · event 02-06-2026
2025
22-09-2025
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL MADINA LEGUE EXPRESS RUE ROGIER 159, 1030 Schaerbeek · event 15-09-2025
2024
03-09-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
27-05-2024
State Gazette act Capital & shares
31-01-2024
State Gazette act Capital & shares
2023
16-10-2023
State Gazette act Capital & shares
08-08-2023
State Gazette act Capital & shares
19-06-2023
State Gazette act Capital & shares
Lifecycle & Insolvency Signals2 events
16-06-2026
Bankruptcy Bankruptcy closure (insufficient assets)
Date: 02-06-2026 · Tribunal de l’entreprise francophone de Bruxelles · SRL MADINA LEGUE EXPRESS RUE ROGIER 159, 1030 Schaerbeek. déclarée le 15 septembre 2025 · Publications in State Gazette ↗
Full insolvency chronology

The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.

We hold 1 further earlier event in this file, covering 15-09-2025 to 02-06-2026.

Available in Kantoor S. See plans →
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-09-22 · Bankruptcy · Opening2026-06-16 · Bankruptcy · Bankruptcy closure (insufficient assets)
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage 0 of 6 acts read

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 5 acts
Capital history · 5
27-05-2024
Capital change
31-01-2024
Capital change
16-10-2023
Capital change
08-08-2023
Capital change
19-06-2023
Capital change
All acts · 5 updated 2 years ago
2024
27-05-2024 Transaction in capital or shares Capital & shares
Technical details 
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      "kind": "share_transfer",
      "after_eur": null,
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        {
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          "name": "BAH Djuma",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 100,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
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      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
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      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "De\u00FBlesse",
    "is_associated": false
  },
  "act_meta": {
    "language": "fr",
    "pub_date": "2024-05-27",
    "filing_date": "2024-05-16",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decision": {
    "body": "assembl\u00E9e_generale_extraordinaire",
    "act_date": "2024-03-31",
    "unanimous": null,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2024-03-31"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0799.135.092",
    "name_full": "MADINA LEGUE EXPRESS",
    "legal_form": "Soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": "BAH Djuma",
    "org_rep_person_name": null,
    "person_role_at_subject": "Administrateur"
  },
  "co_filed_documents": [
    "texte int\u00E9gral"
  ],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "BAH Sadio",
      "role": null,
      "n_shares": 0,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "BAH Djuma",
      "role": null,
      "n_shares": 100,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
31-01-2024 Transaction in capital or shares Capital & shares
Technical details 
{
  "events": [
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
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          "kind": "person",
          "name": "Monsieur BAH Kenda",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 0,
          "contribution_amount_eur": null
        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Monsieur BAH Sadio",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 65,
          "contribution_amount_eur": null
        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Monsieur BAH Djuma",
          "share_class": null,
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          "n_shares_subscribed": 35,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
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      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Bruxelles",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": "2024-01-23",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decision": {
    "body": "buitengewone_algemene_vergadering",
    "act_date": "2024-01-19",
    "unanimous": null,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2024-01-19"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0799.135.092",
    "name_full": "MADINA LEGUE EXPRESS",
    "legal_form": "Soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [
    "expedition",
    "plan financier",
    "bankattest",
    "verslag bedrijfsrevisor"
  ],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Monsieur BAH Kenda",
      "role": null,
      "n_shares": 0,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Monsieur BAH Sadio",
      "role": "aandeelhouder",
      "n_shares": 65,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Monsieur BAH Djuma",
      "role": "aandeelhouder",
      "n_shares": 35,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
2023
16-10-2023 Transaction in capital or shares Capital & shares
Technical details 
{
  "events": [
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Monsieur BAH Kenda",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 35,
          "contribution_amount_eur": null
        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Monsieur BAH Sadio",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 65,
          "contribution_amount_eur": null
        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Monsieur BAH Alseny",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 0,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Bruxelles",
    "is_associated": false
  },
  "act_meta": {
    "language": "fr",
    "pub_date": null,
    "filing_date": null,
    "act_kind_objet": "Objet de l\u0027acte :"
  },
  "decision": {
    "body": "algemene_vergadering",
    "act_date": "2023-09-22",
    "unanimous": null,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2023-09-22"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0799.135.092",
    "name_full": "MADINA LEGUE EXPRESS",
    "legal_form": "Soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [
    "texte int\u00E9gral"
  ],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Monsieur BAH Kenda",
      "role": null,
      "n_shares": 35,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Monsieur BAH Sadio",
      "role": "aandeelhouder",
      "n_shares": 65,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Monsieur BAH Alseny",
      "role": null,
      "n_shares": 0,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
08-08-2023 Transaction in capital or shares Capital & shares
Technical details 
{
  "events": [
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Monsieur BAH Kenda",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
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        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Monsieur BAH Sadio",
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          "n_shares_subscribed": 30,
          "contribution_amount_eur": null
        },
        {
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        },
        {
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          "name": "Monsieur BAH Djuma",
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      ],
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    },
    {
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    }
  ],
  "notary": {
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    "firm_name": null,
    "office_city": "Bruxelles",
    "is_associated": false
  },
  "act_meta": {
    "language": "fr",
    "pub_date": null,
    "filing_date": null,
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decision": {
    "body": "algemene_vergadering",
    "act_date": "2023-07-01",
    "unanimous": null,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2023-07-01"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0799.135.092",
    "name_full": "MADINA LEGUE EXPRESS",
    "legal_form": "Soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
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  },
  "co_filed_documents": [
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  ],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Monsieur BAH Kenda",
      "role": null,
      "n_shares": 35,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Monsieur BAH Sadio",
      "role": null,
      "n_shares": 30,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Monsieur BAH Alseny",
      "role": null,
      "n_shares": 35,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Monsieur BAH Djuma",
      "role": null,
      "n_shares": 0,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
19-06-2023 All shares are now held by a single shareholder Capital & shares
Technical details 
{
  "events": [
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
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          "name": "Monsieur BAH Djuma",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 70,
          "contribution_amount_eur": null
        },
        {
          "kbo": null,
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          "kind": "person",
          "name": "Monsieur BAH Sadio",
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          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
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      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "eenhoofdigheid_declaration",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "fr",
    "pub_date": null,
    "filing_date": "2023-06-09",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decision": {
    "body": "algemene_vergadering",
    "act_date": "2023-06-06",
    "unanimous": null,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2023-06-06"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0799.135.092",
    "name_full": "MADINA LEGUE EXPRESS",
    "legal_form": "Soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [
    "expedition",
    "plan financier",
    "bankattest",
    "verslag bedrijfsrevisor"
  ],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Monsieur BAH Djuma",
      "role": "aandeelhouder",
      "n_shares": 70,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Monsieur BAH Sadio",
      "role": "aandeelhouder",
      "n_shares": 30,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen47110Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)47112Eetgelegenheden met beperkte bediening56102Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112
Primary activity highlighted.
Names & trade names
Legal nameFR MADINA LEGUE EXPRESS
Registered office
Rogierstraat 159
1030 Schaarbeek, Belgium
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