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MADNESS PRODUCTION

Active
Private limited company (pre-2019)founded 2017active for 9 yearsRue de la Station 220, 1410 Waterloo, BelgiumKBO/BCE: BE 0677.583.602

The file of MADNESS PRODUCTION contains 4 historical bankruptcy publications, as published in the Belgian Official Gazette.

Summary

For MADNESS PRODUCTION, one filing cycle of the annual accounts is missing. The computed 12-month bankruptcy probability is 10.1% (high). The 2024 annual accounts show equity of €67,292 and a net result of €800. Equity is growing by about 27% per year across the filed financial years. Its solvency ranks better than 48% of 18,734 sector peers (NACE 56, financial year 2024).

Overview

Activity
Cafés and bars
NACE 56301Limited-service restaurants, excluding mobile food services NACE 56112
1 site
Size
€249,078total assets 2024
Equity
€67,292
Profit
€800
Turnover not published (micro format)
Financial health
Bankruptcy probabilitywithin 12 months
10.1%
2024 figures too old to score
Structure
Accounts 345 days overdue1 of 4 deeds read
Signalsraises risk1 financial year not filed after the legal deadline; latest accounts 608 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 01-07-2026)Size: total assets €249,078Sector: Food and beverage service activities (NACE 56)Annual accounts not filedFiled more than 90 days lateneutralPrior bankruptcyShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Bankruptcy probability: High
Filing: One filing cycle is missing
Financial strength, FY 2024 · tick = 2023
Average
Solvency 52-16
equity 27.0% of total assets
Liquidity 58-12
short-term debt 73.0% · cash 38.1%
Profitability 69-3
return on assets 0.3%
Bankruptcy probability, 12 months
10.1% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,718 companies, NACE 56, micro)
Last 24 months 11-2024: 6.9% 12-2024: 7.0%▲ +0.1 percentage points vs 11-2024 01-2025: 7.0%● unchanged vs 12-2024 02-2025: 7.0%● unchanged vs 01-2025 03-2025: 7.0%● unchanged vs 02-2025 04-2025: 6.8%▼ -0.2 percentage points vs 03-2025lowest value 05-2025: 6.8%● unchanged vs 04-2025lowest value 06-2025: 6.8%● unchanged vs 05-2025lowest value 07-2025: 11.6%▲ +4.8 percentage points vs 06-2025 08-2025: 11.4%▼ -0.2 percentage points vs 07-2025 09-2025: 11.4%● unchanged vs 08-2025 10-2025: 11.4%● unchanged vs 09-2025 11-2025: 11.8%▲ +0.4 percentage points vs 10-2025 12-2025: 11.8%● unchanged vs 11-2025 01-2026: 11.8%● unchanged vs 12-2025 02-2026: 11.8%● unchanged vs 01-2026 03-2026: 11.8%● unchanged vs 02-2026 04-2026: 11.8%● unchanged vs 03-2026highest value 05-2026: 11.8%● unchanged vs 04-2026highest value 06-2026: 11.8%● unchanged vs 05-2026highest value 07-2026: 11.8%● unchanged vs 06-2026highest value 08-2026: 10.4%▼ -1.4 percentage points vs 07-2026 09-2026: 10.2%▼ -0.2 percentage points vs 08-2026 10-2026: 10.1%▼ -0.1 percentage points vs 09-2026
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Signals

Seven signals.
raises riskneutral
raises risk · 1 financial year not filed after the legal deadline; latest accounts 608 days late; 3 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 01-07-2026)
NBB · annual accounts
raises risk · Size: total assets €249,078
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian Official Gazette, no current open procedure.
Belgian Official Gazette
raises risk · Annual accounts not filed
The financial year that closed on 31-03-2025 was due at the National Bank by 31-10-2025. Nothing is on record, 345 days later.
NBB · 7 filings
Position against the passed deadline
31-03-2025 year end31-10-2025 deadline11-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-03-2024 was due by 31-10-2024 and was filed on 01-07-2026, 608 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers.
NBB · 7 filings
Deviation from the deadline
2025
not filed
2024
608 days late
2023
729 days late
2022
964 days late
2021
7 days early
2020
30 days late
2019
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 392 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. End & cessationCourt decision · Liquidator

Key points

  • Risk: Accounts not fileddeadline was 31-10-2025 345 days late View
  • Positive: 5 profitable years in a rowprofit 2024: €800 5 years View
  • Total assets 20246 financial years filed €249,078 View

By topic

Financials

Financial year
2024
Total assets
€249,078
Profit
€800
Solvency
27.0%
Total assets▲ 59.3%
Net result
20192024
Go to Financials

Timeline

Events
15
Since
2018
  1. 21-06-2025Annual accounts filed
  2. 20-05-2025Judicial dissolution, liquidator appointed
  3. 25-04-2025Bankruptcy reversal
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Cafés and barsNACE 56301
Founded
27-06-2017
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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