MAJATI
InactiveMAJATI was declared bankrupt on 22-02-2024 (Ondernemingsrechtbank Leuven); the bankruptcy was closed for insufficient assets by judgment of 12-09-2024, published in the Belgian State Gazette on 17-09-2024.
Summary
Inactive; last annual accounts for fiscal year 2022.
Are you a creditor?
Judicial reorganisation
Source: Belgian Official Gazette
Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.
The procedure
- Court
- Enterprise Court of Leuven
- Opened
- 15 September 2022
- Track
- Reorganisation by collective agreement
- Docket number
- 20220012
- Delegated judge
- Rene Thielens
- Official Gazette
- 20-09-2022 (pdf) ↗search the document for 2022/132486
What to do now
- Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
- Check the amount the company lists you for: it has to tell you. If it is wrong, dispute it in writing.
- The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
- What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
- The file is in RegSol, where you can read the documents of the procedure.
Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette. The date of the vote on the plan is in the judgment and in RegSol.
View the file in RegSol ↗
Watch
Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.
General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company
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 31-12-2023, 3 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 · 2 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline27-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-08-2023, 31 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
31 d late
2021
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average on the deadline day; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Go further with this company
What should you check before you do business with this company?Supplier due diligence What held for this company on a given day: board, seat, name?Company as of a date Are there other customers at risk in your own list?List enrichment
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Equity
-€42,458▼ 48.0%
2021 · -€28,693
Total assets
€4,856▼ 68.7%
2021 · €15,535
Net result
-€13,765▲ 56.6%
2021 · -€31,693
Working capital
-€43,958▼ 45.6%
2021 · -€30,193
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022
Operating result-€30,594--€13,453▲ 56.0%
Net result-€31,693--€13,765▲ 56.6%
Equity-€28,693--€42,458▼ 48.0%
Total assets€15,535-€4,856▼ 68.7%
Debt€44,228-€47,314▲ 7.0%
Working capital-€30,193--€43,958▼ 45.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €13,453 in 2022 against €30,594 in 2021; the loss shrinks.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €4,856
Fixed assets
€1,500 =
Current assets
€3,356 ▼ 76.1%
Key figures and ratios
Debt ≤ 1 year
€47,314▲
2021 · €44,228
Staff costs
€3,108▼
2021 · €18,004
Ratios withheld: a balance sheet total of €4,856 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 | 2021 | 2022 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €18,004 | €3,108 | ▼ 82.7% |
| Other operating charges640/8 | - | €57 | - |
| Gross operating margin9900 | -€12,590 | -€10,289 | ▲ 18.3% |
| Operating profit (loss)9901 | -€30,594 | -€13,453 | ▲ 56.0% |
| Financial income75/76B | €0 | €117 | ▲ 583,000% |
| Recurring financial income75 | €0 | €117 | ▲ 583,000% |
| Financial charges65/66B | €1,099 | €428 | ▼ 61.1% |
| Recurring financial charges65 | €1,099 | €428 | ▼ 61.1% |
| Profit (loss) for the period before taxes9903 | -€31,693 | -€13,765 | ▲ 56.6% |
| Profit (loss) for the period9904 | -€31,693 | -€13,765 | ▲ 56.6% |
| Profit (loss) for the period to be appropriated9905 | -€31,693 | -€13,765 | ▲ 56.6% |
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €15,535 | €4,856 | ▼ 68.7% |
| Fixed assets21/28 | €1,500 | €1,500 | = |
| Financial fixed assets28 | €1,500 | €1,500 | = |
| Current assets29/58 | €14,035 | €3,356 | ▼ 76.1% |
| Amounts receivable within one year40/41 | €14,034 | - | - |
| Trade receivables40 | €13,043 | - | - |
| Other amounts receivable41 | €991 | - | - |
| Cash at bank and in hand54/58 | €1 | €3,356 | ▲ 541,137% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €15,535 | €4,856 | ▼ 68.7% |
| Equity10/15 | -€28,693 | -€42,458 | ▼ 48.0% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | -€31,693 | -€45,458 | ▼ 43.4% |
| Amounts payable17/49 | €44,228 | €47,314 | ▲ 7.0% |
| Amounts payable within one year42/48 | €44,228 | €47,314 | ▲ 7.0% |
| Current portion of amounts payable after more than one year42 | €6,986 | €6,986 | = |
| Trade debts44 | €17,984 | €17,616 | ▼ 2.0% |
| Suppliers440/4 | €17,984 | €17,616 | ▼ 2.0% |
| Taxes, remuneration and social security45 | €7,415 | €9,071 | ▲ 22.3% |
| Taxes450/3 | - | €1,607 | - |
| Remuneration and social security454/9 | €7,415 | €7,463 | ▲ 0.7% |
| Other amounts payable47/48 | €11,842 | €13,640 | ▲ 15.2% |
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€31,693 | -€13,765 | ▲ 56.6% |
| Operating cash flow (approximation) | -€31,693 | -€13,765 | ▲ 56.6% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €3,355 | - |
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
2024
17-09
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Leuven · event 12-09-2024
28-02
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · event 22-02-2024
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
20-09
Judicial reorganisation
Opening
Ondernemingsrechtbank Leuven · collective agreement · event 15-09-2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
SignalNBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MARTIN DION BONDGENOTENLAAN 167,
3000 LEUVEN |
22-02-2024 → 12-09-2024 |