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MAJORIX

Open bankruptcy
Public limited companyfounded 1989Place de l'Université 16, 1348 Ottignies-Louvain-la-Neuve, BelgiumKBO/BCE: BE 0437.665.780

A bankruptcy procedure is open for MAJORIX according to publications in the Belgian State Gazette; curator: STEPHANIE BASTIEN.

Summary

The 2023 annual accounts show equity of €591,937 and a net result of -€1,088.

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 Walloon Brabant
Declared bankrupt
22 May 2025
Supervising judge
Thierry Gorjanc
Official Gazette
23-06-2025 (pdf) ↗search the document for 2025/127026

Deadlines

File the claim in RegSol until
passed on 21 June 2025art. XX.104 and XX.155 CEL
Appeal or third-party opposition until
passed on 8 July 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
First verification report
passed on 9 July 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 22 May 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. 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.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. 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

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 2 June 1989, MAJORIX was incorporated.1 Total assets went from EUR 1.4 million in 2018 to EUR 664,539 in 2023.2 The company was declared bankrupt on 22 May 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023
  3. 3Belgian State Gazette, 23-06-2025

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2023, micro schema

Equity
€591,937▼ 0.2%
2022 · €593,024
Total assets
€664,539=
2022 · €664,306
Net result
-€1,088
2022 · €284,273
Working capital
€591,937▼ 0.2%
2022 · €593,024
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
Line20192020202120222023
Operating result€4,668▲ 132%-€8,489-€79,584▼ 838%€355,342-€818
Net result€3,056▲ 176%-€13,325-€81,705▼ 513%€284,273-€1,088
Equity€1.1m▼ 6.1%€390,456▼ 65.7%€308,751▼ 20.9%€593,024▲ 92.1%€591,937▼ 0.2%
Total assets€1.5m▲ 4.8%€534,681▼ 63.8%€661,500▲ 23.7%€664,306▲ 0.4%€664,539=
Debt€340,732▲ 70.2%€144,225▼ 57.7%€352,749▲ 145%€71,282▼ 79.8%€72,602▲ 1.9%
Working capital€438,822▼ 33.8%-€139,323-€343,698▼ 147%€593,024€591,937▼ 0.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€200,000€0€200,000€400,000Operating result 2019: €4,668€4,668Net result 2019: €3,056€3,056Operating result 2020: -€8,489-€8,489Net result 2020: -€13,325-€13,325Operating result 2021: -€79,584-€79,584Net result 2021: -€81,705-€81,705Operating result 2022: €355,342€355,342Net result 2022: €284,273€284,273Operating result 2023: -€818-€818Net result 2023: -€1,088-€1,08820192020202120222023-€200,000€0€200,000€400,000Operating result 2021: -€79,584-€79,600Net result 2021: -€81,705-€81,700Operating result 2022: €355,342€355,000Net result 2022: €284,273€284,000Operating result 2023: -€818-€818Net result 2023: -€1,088-€1,090202120222023
The operating result turns negative in 2023: a loss of €818 after €355,342 in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €664,539
Equity €591,937 ▼ 0.2%
Debt €72,602 ▲ 1.9%
Debt's share of the balance-sheet total rises from 10.7% to 10.9%. Equity is lower and debt is higher.
Key figures and ratios
2023 value · change against 2022
Current ratio
9.15▼
2022 · 9.32
Debt to equity
0.12▲
2022 · 0.12
ROE
-0.2%▼
2022 · 47.9%
ROA
-0.2%▼
2022 · 42.8%
Debt ≤ 1 year
€72,602▲
2022 · €71,282
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 34 lines
Balance sheet Code20222023
Assets
Total assets20/58€664,306€664,539=
Current assets29/58€664,306€664,539=
Amounts receivable within one year40/41€584,731€650,978▲
Other amounts receivable41€584,731€650,978▲
Cash at bank and in hand54/58€79,575€13,561▼
Equity and liabilities
Total equity and liabilities10/49€664,306€664,539=
Equity10/15€593,024€591,937▼
Contributions10/11€107,136€107,136=
Capital10€107,136€107,136=
Issued capital100€107,136€107,136=
Reserves13€198,159€198,159=
Non-distributable reserves130/1€10,714€10,714=
Legal reserve130€10,714€10,714=
Tax-exempt reserves132€25,084€25,084=
Distributable reserves133€162,361€162,361=
Profit (loss) carried forward14€287,729€286,642▼
Amounts payable17/49€71,282€72,602▲
Amounts payable within one year42/48€71,282€72,602▲
Trade debts44€2,225€3,545▲
Suppliers440/4€2,225€3,545▲
Taxes, remuneration and social security45€69,057€69,057=
Taxes450/3€69,057€69,057=
Income statement Code20222023
Non-recurring operating income76A€422,910-
Other operating charges640/8€7,738-
Gross operating margin9900€363,080-€818▼
Operating profit (loss)9901€355,342-€818▼
Financial charges65/66B€2,012€269▼
Recurring financial charges65€2,012€269▼
Profit (loss) for the period before taxes9903€353,330-€1,088▼
Income taxes67/77€69,057-
Profit (loss) for the period9904€284,273-€1,088▼
Profit (loss) for the period to be appropriated9905€284,273-€1,088▼
Appropriation of the result
Profit (loss) to be appropriated9906€287,729€286,642▼
Profit (loss) brought forward from the previous period14P€3,456€287,729▲
Line20192020202120222023Change
Non-recurring operating income76A---€422,910--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22,929€22,929€35,941---
Other operating charges640/8--€4,187€7,738--
Gross operating margin9900€31,548€19,543-€39,455€363,080-€818▼ 100%
Operating profit (loss)9901€4,668-€8,489-€79,584€355,342-€818▼ 100%
Recurring financial income75-€0----
Financial charges65/66B--€2,121€2,012€269▼ 86.6%
Recurring financial charges65€119€4,837€2,121€2,012€269▼ 86.6%
Profit (loss) for the period before taxes9903€4,549-€13,325-€81,705€353,330-€1,088▼ 100%
Income taxes67/77€1,493--€69,057--
Profit (loss) for the period9904€3,056-€13,325-€81,705€284,273-€1,088▼ 100%
Profit (loss) for the period to be appropriated9905€3,056-€13,325-€81,705€284,273-€1,088▼ 100%
Line20192020202120222023Change
Assets
Total assets20/58€1.5m€534,681€661,500€664,306€664,539=
Fixed assets21/28€698,459€529,779€652,450---
Tangible fixed assets22/27€457,360€529,779€652,450---
Land and buildings22--€652,450---
Financial fixed assets28€241,099-----
Current assets29/58€779,554€4,902€9,051€664,306€664,539=
Amounts receivable within one year40/41€674,048€2,607-€584,731€650,978▲ 11.3%
Other amounts receivable41---€584,731€650,978▲ 11.3%
Cash at bank and in hand54/58€6,640€2,295€9,051€79,575€13,561▼ 83.0%
Equity and liabilities
Total equity and liabilities10/49€1.5m€534,681€661,500€664,306€664,539=
Equity10/15€1.1m€390,456€308,751€593,024€591,937▼ 0.2%
Contributions10/11€840,636€107,136€107,136€107,136€107,136=
Capital10--€107,136€107,136€107,136=
Issued capital100--€107,136€107,136€107,136=
Reserves13€296,645€283,320€198,159€198,159€198,159=
Non-distributable reserves130/1--€10,714€10,714€10,714=
Legal reserve130--€10,714€10,714€10,714=
Tax-exempt reserves132--€25,084€25,084€25,084=
Distributable reserves133--€162,361€162,361€162,361=
Profit (loss) carried forward14--€3,456€287,729€286,642▼ 0.4%
Amounts payable17/49€340,732€144,225€352,749€71,282€72,602▲ 1.9%
Amounts payable within one year42/48€340,732€144,225€352,749€71,282€72,602▲ 1.9%
Financial debts43--€150,000---
Credit institutions430/8--€150,000---
Trade debts44€2,963€21,353-€2,225€3,545▲ 59.4%
Suppliers440/4---€2,225€3,545▲ 59.4%
Taxes, remuneration and social security45---€69,057€69,057=
Taxes450/3---€69,057€69,057=
Other amounts payable47/48--€202,749---
Line20192020202120222023Change
Profit (loss) for the period9904€3,056-€13,325-€81,705€284,273-€1,088▼ 100%
+ Depreciation and write-downs630€22,929€22,929€35,941---
Operating cash flow (approximation)€25,985€9,604-€45,764€284,273-€1,088▼ 100%
Investment in fixed assets (approximation)-€145,751-€158,612---
Change in cash--€4,346€6,756€70,524-€66,014▼ 194%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
23-06
Bankruptcy Opening
Tribunal de l’entreprise du Brabant wallon · event 22-05-2025
2024
30-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 122 days late
2023
26-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Back to profitnet €284,273
Net result €284,273 after 2 loss-making years.
31-12
Financial Liquidity times 363current ratio 9.32
Current ratio from 0.03 to 9.32; short-term debt falls from €352,749 to €71,282.
31-12
Financial Equity above €500,000Eq €593,024 ▲92.1%
Equity rises from €308,751 to €593,024.
30-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
26-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 179 days late
2021
31-12
Financial Weakest financial yearnet -€81,705
Net result drops to -€81,705, the lowest in the series.
2020
27-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
14-11
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 106 days late
2018
10-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 41 days late
Show earlier events
2017
02-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 2 days late
2016
20-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 51 days late
2015
09-07
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.
0 of 11 acts read
About the unread acts

We know of 11 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 Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
11 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, Ottignies-Louvain-la-Neuve · 1 establishment unit since 1997
seat establishment approximate The establishment unit on the map
Ground area
7,846 m²
Building footprint
159 m²
Volume, LiDAR
806 m³
2 parcels, Flanders, Wallonia · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Mechelsesteenweg 428, 1930 Zaventem
Air transport
since 19972.043.824.939
2 parcels
Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
25386B0122/00R004 Wallonia 7,285 m² 1 · 26 m² 6.0 m · 2 fl.
23057B0159/03K002 Flanders 561 m² 1 · 132 m² 8.0 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 STEPHANIE BASTIEN
CHAUSSEE DE LOUVAIN 523, 1380 LASNE
22-05-2025 → present

Structure & network

Owners and holdings

1 owner

Chain of control

  1. Quartz Real Estate Investment 100%
  2. MAJORIX

Highest known parent: Quartz Real Estate Investment. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPublic limited company
Founded02-06-1989
Fiscal year end31-12
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 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.