MAFOC
Open bankruptcyA bankruptcy procedure is open for MAFOC according to publications in the Belgian State Gazette; curator: ILSE ROOX.
Summary
The file additionally contains 2 judicial reorganisation notices. The 2023 annual accounts show equity of €70,307 and a net result of -€842.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Antwerp, Hasselt division
- Declared bankrupt
- 2 July 2025
- Supervising judge
- Hilde Claes
- Official Gazette
- 08-07-2025 (pdf) ↗search the document for 2025/130265
Deadlines
- Provisional date payments stopped
- 2 July 2025A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 23 July 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 1 August 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 13 August 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 2 July 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Ilse RooxHassaluthdreef 12B Bus 2, 3500 Hasseltilse.roox@rooxadvocaten.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 17-08-2024, 17 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
17 d late
2022
29 d late
2021
37 d early
2020
30 d late
2019
49 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 2 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?List enrichment How is the General construction of residential buildings sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Equity
€70,307▼ 1.2%
2022 · €71,149
Total assets
€414,740▲ 4.8%
2022 · €395,640
Net result
-€842▼ 196%
2022 · -€284
Working capital
€106,032▼ 21.6%
2022 · €135,206
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result€56,347€26,434▼ 53.1%€40,115▲ 51.8%€8,789▼ 78.1%€15,762▲ 79.3%
Net result€39,658€18,205within the sector's middle half▼ 54.1%€12,599within the sector's middle half▼ 30.8%-€284below the sector's middle half-€842within the sector's middle half▼ 196%
Equity€40,629▲ 4,084%€58,834within the sector's middle half▲ 44.8%€71,433within the sector's middle half▲ 21.4%€71,149within the sector's middle half▼ 0.4%€70,307within the sector's middle half▼ 1.2%
Total assets€213,553▲ 1,400%€327,223above the sector's middle half▲ 53.2%€545,357above the sector's middle half▲ 66.7%€395,640above the sector's middle half▼ 27.5%€414,740above the sector's middle half▲ 4.8%
Debt€172,923▲ 1,203%€268,389▲ 55.2%€473,924▲ 76.6%€324,491▼ 31.5%€344,433▲ 6.1%
Working capital€50,629▲ 361%€68,834within the sector's middle half▲ 36.0%€158,454above the sector's middle half▲ 130%€135,206above the sector's middle half▼ 14.7%€106,032above the sector's middle half▼ 21.6%
Solvency19.0%▲ 12.2pp18.0%within the sector's middle half▼ 1.0pp13.1%below the sector's middle half▼ 4.9pp18.0%within the sector's middle half▲ 4.9pp17.0%within the sector's middle half▼ 1.0pp
Current ratio1.31▼ 3.051.27within the sector's middle half▼ 0.041.42within the sector's middle half▲ 0.151.53within the sector's middle half▲ 0.121.35within the sector's middle half▼ 0.18
Return on assets (ROA)18.6%▲ 54.0pp5.6%within the sector's middle half▼ 13.0pp2.3%within the sector's middle half▼ 3.3pp-0.1%below the sector's middle half▼ 2.4pp-0.2%within the sector's middle half▼ 0.1pp
Staff (FTE)0.4below the sector's middle half1▲ 150%2.5▲ 150%2.3▼ 8.0%
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2023; 2023 is 79% above 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €414,740
Fixed assets
€4,447 ▼ 26.9%
Current assets
€410,292 ▲ 5.3%
Equity and liabilities €414,740
Equity
€70,307 ▼ 1.2%
Debt
€344,433 ▲ 6.1%
Debt's share of the balance-sheet total rises from 82.0% to 83.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€17,401▲
2022 · €10,429
Cash flow
€798▼
2022 · €1,356
Quick ratio
0.56▼
2022 · 0.57
Debt to equity
4.90▲
2022 · 4.56
ROE
-1.2%▼
2022 · -0.4%
Interest coverage
3.27▲
2022 · 1.86
Debt ≤ 1 year
€304,260▲
2022 · €254,347
Debt > 1 year
€40,173▼
2022 · €70,144
Income taxes
€11,276▲
2022 · €3,738
Staff costs
€41,324▼
2022 · €59,216
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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €25,663 | €59,216 | €41,324 | ▼ 30.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €1,218 | €1,640 | €1,640 | = |
| Other operating charges640/8 | - | - | €15,693 | €13,837 | €4,603 | ▼ 66.7% |
| Gross operating margin9900 | €56,899 | €54,749 | €82,690 | €83,481 | €63,328 | ▼ 24.1% |
| Operating profit (loss)9901 | €56,347 | €26,434 | €40,115 | €8,789 | €15,762 | ▲ 79.3% |
| Financial income75/76B | - | - | €0 | €259 | €0 | ▼ 100.0% |
| Recurring financial income75 | €0 | €55 | €0 | €259 | €0 | ▼ 100.0% |
| Financial charges65/66B | - | - | €9,048 | €5,594 | €5,328 | ▼ 4.8% |
| Recurring financial charges65 | €409 | €3,904 | €9,048 | €5,594 | €5,328 | ▼ 4.8% |
| Profit (loss) for the period before taxes9903 | €55,938 | €22,586 | €31,067 | €3,454 | €10,434 | ▲ 202% |
| Income taxes67/77 | €16,280 | €4,381 | €18,468 | €3,738 | €11,276 | ▲ 202% |
| Profit (loss) for the period9904 | €39,658 | €18,205 | €12,599 | -€284 | -€842 | ▼ 196% |
| Profit (loss) for the period to be appropriated9905 | €39,658 | €18,205 | €12,599 | -€284 | -€842 | ▼ 196% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €213,553 | €327,223 | €545,357 | €395,640 | €414,740 | ▲ 4.8% |
| Fixed assets21/28 | - | - | €5,727 | €6,087 | €4,447 | ▼ 26.9% |
| Tangible fixed assets22/27 | - | - | €5,727 | €4,087 | €2,447 | ▼ 40.1% |
| Land and buildings22 | - | - | €1,321 | €1,174 | €1,028 | ▼ 12.5% |
| Plant, machinery and equipment23 | - | - | €1,648 | €939 | €231 | ▼ 75.4% |
| Furniture and vehicles24 | - | - | €2,759 | €1,974 | €1,189 | ▼ 39.8% |
| Financial fixed assets28 | - | - | - | €2,000 | €2,000 | = |
| Current assets29/58 | €213,553 | €327,223 | €539,630 | €389,552 | €410,292 | ▲ 5.3% |
| Stocks and contracts in progress3 | €20,944 | €61,319 | €196,160 | €243,545 | €240,270 | ▼ 1.3% |
| Stocks30/36 | - | - | €137,295 | €190,545 | €187,270 | ▼ 1.7% |
| Contracts in progress37 | - | - | €58,864 | €53,000 | €53,000 | = |
| Amounts receivable within one year40/41 | €192,604 | €195,499 | €340,582 | €135,436 | €163,967 | ▲ 21.1% |
| Trade receivables40 | - | - | €340,582 | €132,070 | €161,020 | ▲ 21.9% |
| Other amounts receivable41 | - | - | €0 | €3,365 | €2,947 | ▼ 12.4% |
| Cash at bank and in hand54/58 | €5 | €8,789 | €5 | €7,876 | €3,848 | ▼ 51.1% |
| Deferred charges and accrued income490/1 | - | - | €2,884 | €2,695 | €2,208 | ▼ 18.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €213,553 | €327,223 | €545,357 | €395,640 | €414,740 | ▲ 4.8% |
| Equity10/15 | €40,629 | €58,834 | €71,433 | €71,149 | €70,307 | ▼ 1.2% |
| Contributions10/11 | €18,600 | - | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €52,833 | €52,833 | €52,833 | = |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | €50,973 | €50,973 | €50,973 | = |
| Profit (loss) carried forward14 | €20,169 | €38,374 | €0 | -€284 | -€1,126 | ▼ 296% |
| Amounts payable17/49 | €172,923 | €268,389 | €473,924 | €324,491 | €344,433 | ▲ 6.1% |
| Amounts payable after more than one year17 | €10,000 | €10,000 | €92,748 | €70,144 | €40,173 | ▼ 42.7% |
| Financial debts170/4 | - | - | €92,748 | €70,144 | €40,173 | ▼ 42.7% |
| Amounts payable within one year42/48 | €162,923 | €258,389 | €381,176 | €254,347 | €304,260 | ▲ 19.6% |
| Current portion of amounts payable after more than one year42 | - | - | €19,855 | €31,054 | €32,754 | ▲ 5.5% |
| Financial debts43 | - | - | - | - | €40,000 | - |
| Credit institutions430/8 | - | - | - | - | €40,000 | - |
| Trade debts44 | €19,468 | €43,770 | €236,562 | €104,480 | €90,916 | ▼ 13.0% |
| Suppliers440/4 | - | - | €236,562 | €104,480 | €90,916 | ▼ 13.0% |
| Taxes, remuneration and social security45 | - | - | €36,688 | €98,100 | €129,129 | ▲ 31.6% |
| Taxes450/3 | - | - | €36,419 | €85,091 | €120,607 | ▲ 41.7% |
| Remuneration and social security454/9 | - | - | €269 | €13,009 | €8,522 | ▼ 34.5% |
| Other amounts payable47/48 | - | - | €88,070 | €20,712 | €11,461 | ▼ 44.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €39,658 | €18,205 | €12,599 | -€284 | -€842 | ▼ 196% |
| + Depreciation and write-downs630 | - | - | €1,218 | €1,640 | €1,640 | = |
| Operating cash flow (approximation) | €39,658 | €18,205 | €13,817 | €1,356 | €798 | ▼ 41.1% |
| Investment in fixed assets (approximation) | - | - | - | -€2,000 | €0 | ▲ 100% |
| Change in cash | - | €8,784 | -€8,784 | €7,872 | -€4,028 | ▼ 151% |
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
2025
08-07
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 02-07-2025
06-06
Judicial reorganisation
Plan homologation
Ondernemingsrechtbank Antwerpen · event 30-05-2025
17-04
Judicial reorganisation
Opening
Ondernemingsrechtbank Antwerpen · collective agreement · event 11-04-2025
2024
17-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 17 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €39,658
Net result €39,658 after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
09-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
14-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
10-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 10 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
5 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, Maasmechelen · 1 establishment unit since 2010
Ground area
9.1 ha
Building footprint
2.0 ha
Volume, LiDAR
180,484 m³
Parcel 73060B0102/00L000, Flanders · tallest building 13.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MAFOC
since 20102.187.520.937
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73060B0102/00L000 | Flanders | 9.1 ha | 1 · 2.0 ha | 13.7 m · 3 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 | ILSE ROOX HASSALUTHDREEF 12B BUS 2,
3500 HASSELT |
02-07-2025 → present |
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,052. 13,233 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded30-04-2010
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43320Joinery installation
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
92000Gambling and betting activities
93293Sports, amusement and recreation activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0825541561
Also
9925:BE0825541561
Registered
31-08-2023
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.