MADRUGADA
InactiveMADRUGADA was declared bankrupt on 25-04-2024 (Ondernemingsrechtbank Leuven); the bankruptcy was closed by liquidation by judgment of 08-05-2025, published in the Belgian State Gazette on 14-05-2025.
Summary
Inactive; last annual accounts for fiscal year 2023.
Signals
Three 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 30-06-2024, 2 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
30-06-2024 close31-01-2025 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 19-12-2023, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
43 d early
2022
43 d early
2021
62 d early
2020
52 d early
2019
39 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€6k▼ 12.6%
2022 · €7k
2019: €4k
2020: €4k
2021: €5k
2022: €7k
2019 → 2023
Total assets
€6k▼ 21.9%
2022 · €8k
2019: €9k
2020: €8k
2021: €8k
2022: €8k
2019 → 2023
Net result
€-856
2022 · €2k
2019: €6k
2020: €590
2021: €991
2022: €2k
2019 → 2023
Working capital
€7k▲ 35.6%
2021 · €5k
2019: €1k
2020: €3k
2021: €5k
2019 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€4k-€4k▲ 16.7%€5k▲ 24.1%€7k▲ 32.8%€6k▼ 12.6%
Operating result€7k-€813▼ 87.9%€2k▲ 85.9%€2k▲ 52.9%€1k▼ 45.6%
Net result€6k-€590▼ 90.5%€991▲ 68.0%€2k▲ 69.1%€-856
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 46% below 2022.
Key figures and ratios
EBITDA
€1k▼
2022 · €2k
Cash flow
€-774▼
2022 · €2k
Solvency
100.0%▲
2022 · 89.4%
ROE
-14.5%▼
2022 · 24.7%
ROA
-14.5%▼
2022 · 22.1%
Interest coverage
0.63▼
2022 · 26.33
Income taxes
€1▼
2022 · €547
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 37 lines
Balance sheet
Code20222023
Assets
Total assets20/58€8k€6k▼
Fixed assets21/28€82-
Tangible fixed assets22/27€82-
Furniture and vehicles24€82-
Current assets29/58€7k€6k▼
Stocks and contracts in progress3€5k€5k=
Stocks30/36€5k€5k=
Amounts receivable within one year40/41€2k€770▼
Trade receivables40€871-
Other amounts receivable41€1k€770▼
Cash at bank and in hand54/58€364€61▼
Equity and liabilities
Total equity and liabilities10/49€8k€6k▼
Equity10/15€7k€6k▼
Contributions10/11€6k€6k=
Capital10€6k-
Issued capital100€19k-
Uncalled capital101€12k-
Profit (loss) carried forward14€579€-277▼
Amounts payable17/49€802-
Amounts payable within one year42/48€802-
Taxes, remuneration and social security45€546-
Taxes450/3€546-
Other amounts payable47/48€256-
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€82€82=
Other operating charges640/8€348€348=
Gross operating margin9900€3k€2k▼
Operating profit (loss)9901€2k€1k▼
Financial income75/76B-€18
Recurring financial income75-€18
Financial charges65/66B€91€2k▲
Recurring financial charges65€91€2k▲
Profit (loss) for the period before taxes9903€2k€-856▼
Income taxes67/77€547€1▼
Profit (loss) for the period9904€2k€-856▼
Profit (loss) for the period to be appropriated9905€2k€-856▼
Appropriation of the result
Profit (loss) to be appropriated9906€579€-277▼
Profit (loss) brought forward from the previous period14P€-1k€579▲
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
2025
14-05
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Leuven · MADRUGADA BV LEMING 45, 3010 KESSEL-LO · event 08-05-2025
2024
02-05
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · MADRUGADA BV LEMING 45, 3010 KESSEL-LO · event 25-04-2024
2023
19-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Weakest financial yearnet €-856 ▼151%
Net result drops to €-856, the lowest in the series.
2022
19-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Liquidity triplescurrent ratio 9.35
Current ratio from 3.04 to 9.35; short-term debt falls from €2k to €802.
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
10-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
18-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
18-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
26-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
28-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
23-12
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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
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
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | ANOUK DE VLEESHOUWER ENGELANDSTRAAT 61,
3290 DIEST |
25-04-2024 → 08-05-2025 |
| Curator | ELS VAN ERUM ENGELAND-
STRAAT 61, 3290 DIEST |
25-04-2024 → 08-05-2025 |