MAESTROO
Bankruptcy closedInactive since 14-04-2026; last annual accounts for fiscal year 2023.
Summary
MAESTROO was declared bankrupt on 03-02-2025 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 07-04-2026, published in the Belgian State Gazette on 28-04-2026.
Signals
1 signal.
+raises risk
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Turnover
€27,751▲ 47.5%
2020 · €18,810
EBIT margin
-35.2%▲ 32.2pp
2020 · -67.4%
Net result
-€14,145▼ 189%
2022 · -€4,901
Working capital
-€19,117▼ 227%
2022 · -€5,842
Trend over the years
In euros
In per cent
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Turnover€25,029▲ 3.0%€18,810▼ 24.8%€27,751▲ 47.5%
Operating result-€3,150-€12,677▼ 302%-€9,755▲ 23.0%-€4,862▲ 50.2%-€14,094▼ 190%
Net result-€3,180-€8,729▼ 175%-€2,791▲ 68.0%-€4,901▼ 75.6%-€14,145▼ 189%
EBIT margin-12.6%▼ 17.1pp-67.4%▼ 54.8pp-35.2%▲ 32.2pp
Equity-€11,985▼ 36.1%-€20,714▼ 72.8%€376-€4,525-€18,670▼ 313%
Total assets€4,340▲ 833%€3,606▼ 16.9%€6,880▲ 90.8%€1,572▼ 77.2%€2,085▲ 32.6%
Debt€16,325▲ 76.1%€24,319▲ 49.0%€6,504▼ 73.3%€6,097▼ 6.3%€20,754▲ 240%
Working capital-€15,912▼ 80.7%-€23,771▼ 49.4%-€1,812▲ 92.4%-€5,842▼ 222%-€19,117▼ 227%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €14,094 in 2023 against €4,862 in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €2,085
Fixed assets
€447 ▼ 66.0%
Current assets
€1,637 ▲ 543%
Key figures and ratios
EBITDA
-€13,224▼
2022 · -€3,992
Cash flow
-€13,275▼
2022 · -€4,031
Interest coverage
-263.17▼
2022 · -103.50
Debt ≤ 1 year
€20,754▲
2022 · €6,097
Ratios withheld: a balance sheet total of €2,085 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €25,029 | €18,810 | €27,751 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €29,271 | - | - | - |
| Remuneration, social security and pensions62 | - | - | €7,366 | €34,065 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €423 | €870 | €870 | €870 | €870 | = |
| Other operating charges640/8 | - | - | - | €430 | €1,978 | ▲ 360% |
| Gross operating margin9900 | -€2,424 | -€11,634 | -€1,520 | €30,503 | -€11,246 | ▼ 137% |
| Operating profit (loss)9901 | -€3,150 | -€12,677 | -€9,755 | -€4,862 | -€14,094 | ▼ 190% |
| Financial income75/76B | - | - | €7,000 | - | - | - |
| Recurring financial income75 | - | - | €7,000 | - | - | - |
| Non-recurring financial income76B | - | - | €7,000 | - | - | - |
| Financial charges65/66B | - | - | €36 | €39 | €50 | ▲ 30.3% |
| Recurring financial charges65 | €30 | €52 | €36 | €39 | €50 | ▲ 30.3% |
| Profit (loss) for the period before taxes9903 | -€3,180 | -€8,729 | -€2,791 | -€4,901 | -€14,145 | ▼ 189% |
| Profit (loss) for the period9904 | -€3,180 | -€8,729 | -€2,791 | -€4,901 | -€14,145 | ▼ 189% |
| Profit (loss) for the period to be appropriated9905 | -€3,180 | -€8,729 | -€2,791 | -€4,901 | -€14,145 | ▼ 189% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4,340 | €3,606 | €6,880 | €1,572 | €2,085 | ▲ 32.6% |
| Fixed assets21/28 | €3,927 | €3,057 | €2,187 | €1,317 | €447 | ▼ 66.0% |
| Tangible fixed assets22/27 | €3,927 | €3,057 | €2,187 | €1,317 | €447 | ▼ 66.0% |
| Furniture and vehicles24 | - | - | €2,187 | €1,317 | €447 | ▼ 66.0% |
| Current assets29/58 | €413 | €548 | €4,692 | €255 | €1,637 | ▲ 543% |
| Amounts receivable within one year40/41 | - | €136 | - | - | €618 | - |
| Trade receivables40 | - | - | - | - | €290 | - |
| Other amounts receivable41 | - | - | - | - | €328 | - |
| Cash at bank and in hand54/58 | €413 | €413 | €4,692 | €255 | €1,019 | ▲ 300% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4,340 | €3,606 | €6,880 | €1,572 | €2,085 | ▲ 32.6% |
| Equity10/15 | -€11,985 | -€20,714 | €376 | -€4,525 | -€18,670 | ▼ 313% |
| Contributions10/11 | €18,600 | - | €18,600 | €18,600 | €18,600 | = |
| Outside capital11 | - | - | €18,600 | €18,600 | - | - |
| Other1109/19 | - | - | €18,600 | €18,600 | - | - |
| Profit (loss) carried forward14 | -€30,585 | -€39,314 | -€18,224 | -€23,125 | -€37,270 | ▼ 61.2% |
| Amounts payable17/49 | €16,325 | €24,319 | €6,504 | €6,097 | €20,754 | ▲ 240% |
| Amounts payable within one year42/48 | €16,325 | €24,319 | €6,504 | €6,097 | €20,754 | ▲ 240% |
| Trade debts44 | €700 | €135 | €580 | €135 | €3,241 | ▲ 2,299% |
| Suppliers440/4 | - | - | €580 | €135 | €3,241 | ▲ 2,299% |
| Taxes, remuneration and social security45 | - | - | €5,924 | €5,962 | €11,604 | ▲ 94.6% |
| Taxes450/3 | - | - | €2,024 | €4,074 | €9,742 | ▲ 139% |
| Remuneration and social security454/9 | - | - | €3,900 | €1,888 | €1,862 | ▼ 1.4% |
| Other amounts payable47/48 | - | - | - | - | €5,909 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,180 | -€8,729 | -€2,791 | -€4,901 | -€14,145 | ▼ 189% |
| + Depreciation and write-downs630 | €423 | €870 | €870 | €870 | €870 | = |
| Operating cash flow (approximation) | -€2,757 | -€7,859 | -€1,921 | -€4,031 | -€13,275 | ▼ 229% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€0 | €4,280 | -€4,438 | €764 | ▲ 117% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
28-04
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · event 07-04-2026
2025
10-02
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 03-02-2025
2024
03-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 125 days late
2023
31-12
Financial
Weakest financial yearnet -€14,145
Net result drops to -€14,145, the lowest in the series.
17-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 109 days late
2022
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
15-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 76 days late
2020
21-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 82 days late
2019
07-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 99 days late
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 22 days late
2016
12-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
14-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 45 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 acts for this company are 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
Registered office, Schaarbeek
Ground area
67 m²
Building footprint
65 m²
Volume, LiDAR
968 m³
Parcel 21910E0042/00A010, Brussels · tallest building 19.9 m, ±6 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21910E0042/00A010 | Brussels | 67 m² | 1 · 65 m² | 19.9 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Philippe DECHAMPS DREVE DES RENARDS 8/7,
1180 UCCLE |
03-02-2025 → 07-04-2026 |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded05-12-2012
Fiscal year end31-12
Contact
Phone
022451222
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.