Madzuli Development
Annual accounts 2022
micro format, filed on 11-09-2023, 42 days late2023 annual accounts not yet filed, deadline passed on 31 July 2024 The financial year closed on 31 December 2023. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). 3 financial years without a filing since the last one filed. Source: NBB filings, as of 11 November 2026.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €2,102 on 31-12-2022in euro
Position in the sector
-
Lower than 95% of 13,709 companies in 2021.
-
Lower than 95% of 13,334 companies in 2021.
-
Higher than 9% of 13,461 companies in 2021.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2022 | 2021 | 2020 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
2,102 | 5,613 | 5,631 | |
29/58 |
2,102 | 5,613 | 5,631 | |
40/41 |
2,102 | 5,613 | 5,613 | |
40 |
780 | - | - | |
41 |
1,322 | 5,613 | 5,613 | |
54/58 |
- | - | 18 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
2,102 | 5,613 | 5,631 | |
10/15 |
-24,525 | -16,888 | -16,227 | |
10/11 |
18,000 | 18,000 | 18,000 | |
14 |
-42,525 | -34,888 | -34,227 | |
17/49 |
26,627 | 22,501 | 21,857 | |
42/48 |
26,627 | 22,501 | 21,857 | |
44 |
3,991 | 644 | - | |
440/4 |
3,991 | 644 | - | |
47/48 |
22,636 | 21,857 | 21,857 | |
| Income statement | ||||
9900 |
-7,611 | -644 | -32,919 | |
9901 |
-7,611 | -644 | -32,919 | |
65/66B |
26 | 18 | 1,308 | |
65 |
26 | 18 | 1,308 | |
9903 |
-7,637 | -662 | -34,227 | |
9904 |
-7,637 | -662 | -34,227 | |
9905 |
-7,637 | -662 | -34,227 | |
| Appropriation of the result | ||||
9906 |
-42,525 | -34,888 | -34,227 | |
14P |
-34,888 | -34,227 | - | |
| Document | ||||
The notes to these accounts have 1 item. You find them in the filed accounts (PDF).
Source: Annual accounts 2022 (PDF), filed on 11-09-2023.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2022 | 2021 | 2020 |
|---|---|---|---|---|
| -24,525 | -16,888 | -16,227 | ||
| - | -300.9% | -288.2% | ||
| - | 0.25 | 0.26 | ||
| - | -11.8% | -607.9% |
The ratios are withheld because a balance sheet total of €2,102 is too small for a meaningful ratio.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on Madzuli Development
The operating result for 2022 is a loss of €7,611, larger than the loss of €644 in 2021.
Equity is negative. Debt (€26,627) exceeds the balance-sheet total (€2,102).