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MAUFRA

Inactive
KBO/BCE: BE 0460.055.063

MAUFRA was declared bankrupt on 28-10-2021 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 10-09-2024, published in the Belgian State Gazette on 16-09-2024.

Summary

Inactive; last annual accounts for fiscal year 2020.

Signals

Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
31-12-2021 close31-07-2022 deadline29-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 25-10-2021, 86 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 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
86 d late
2019
91 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 89 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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

Total assets fell from EUR 36,474 in 2018 to EUR 1,591 in 2020.1 On 28 October 2021 MAUFRA was declared bankrupt; the bankruptcy was closed on 10 September 2024.23

  1. 1National Bank, annual accounts 2018 and 2020
  2. 2Belgian State Gazette, 05-11-2021
  3. 3Belgian State Gazette, 16-09-2024

Financials · fiscal year 2020, abbreviated schema

Equity
-€27,618▼ 51.5%
2019 · -€18,236
Total assets
€1,591▼ 91.7%
2019 · €19,258
Net result
-€9,383▲ 17.5%
2019 · -€11,368
Working capital
-€27,240▲ 20.8%
2019 · -€34,380
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
Line201820192020
Operating result-€3,664--€9,559▼ 161%€1,410
Net result-€21,876--€11,368▲ 48.0%-€9,383▲ 17.5%
Equity-€6,868--€18,236▼ 166%-€27,618▼ 51.5%
Total assets€36,474-€19,258▼ 47.2%€1,591▼ 91.7%
Debt€43,342-€37,493▼ 13.5%€29,209▼ 22.1%
Working capital-€14,674--€34,380▼ 134%-€27,240▲ 20.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0Operating result 2018: -€3,664-€3,664Net result 2018: -€21,876-€21,876Operating result 2019: -€9,559-€9,559Net result 2019: -€11,368-€11,368Operating result 2020: €1,410€1,410Net result 2020: -€9,383-€9,383201820192020-€30,000-€20,000-€10,000€0Operating result 2018: -€3,664-€3,660Net result 2018: -€21,876-€21,900Operating result 2019: -€9,559-€9,560Net result 2019: -€11,368-€11,400Operating result 2020: €1,410€1,410Net result 2020: -€9,383-€9,380201820192020
The operating result returns to profit in 2020: €1,410 after a loss of €9,559 in 2019, the highest result in the available series.
Key figures and ratios
2020 value · change against 2019
Debt ≤ 1 year
€28,831▼
2019 · €37,166
Income taxes
€156▼
2019 · €207
Ratios withheld: a balance sheet total of €1,591 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
Filed annual accounts As filed with the NBB · 2020 against 2019 · 23 lines
Balance sheet Code20192020
Assets
Total assets20/58€19,258€1,591▼
Fixed assets21/28€16,472-
Tangible fixed assets22/27€16,347-
Financial fixed assets28€125-
Current assets29/58€2,786€1,591▼
Amounts receivable within one year40/41€2,786-
Cash at bank and in hand54/58-€1,591
Equity and liabilities
Total equity and liabilities10/49€19,258€1,591▼
Equity10/15-€18,236-€27,618▼
Contributions10/11€7,933-
Reserves13€4,834€4,834=
Profit (loss) carried forward14-€31,002-€40,385▼
Amounts payable17/49€37,493€29,209▼
Amounts payable within one year42/48€37,166€28,831▼
Trade debts44€9,514€2,542▼
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,173-
Gross operating margin9900-€940€3,468▲
Operating profit (loss)9901-€9,559€1,410▲
Recurring financial charges65€1,602€10,636▲
Profit (loss) for the period before taxes9903-€11,161-€9,226▲
Income taxes67/77€207€156▼
Profit (loss) for the period9904-€11,368-€9,383▲
Profit (loss) for the period to be appropriated9905-€11,368-€9,383▲
Line201820192020Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,173€8,173--
Gross operating margin9900€40,340-€940€3,468▲ 469%
Operating profit (loss)9901-€3,664-€9,559€1,410▲ 115%
Recurring financial income75€9---
Recurring financial charges65€9,794€1,602€10,636▲ 564%
Profit (loss) for the period before taxes9903-€13,450-€11,161-€9,226▲ 17.3%
Income taxes67/77€8,426€207€156▼ 24.4%
Profit (loss) for the period9904-€21,876-€11,368-€9,383▲ 17.5%
Profit (loss) for the period to be appropriated9905-€21,876-€11,368-€9,383▲ 17.5%
Line201820192020Change
Assets
Total assets20/58€36,474€19,258€1,591▼ 91.7%
Fixed assets21/28€24,520€16,472--
Tangible fixed assets22/27€24,520€16,347--
Financial fixed assets28-€125--
Current assets29/58€11,954€2,786€1,591▼ 42.9%
Amounts receivable within one year40/41€11,954€2,786--
Cash at bank and in hand54/58--€1,591-
Equity and liabilities
Total equity and liabilities10/49€36,474€19,258€1,591▼ 91.7%
Equity10/15-€6,868-€18,236-€27,618▼ 51.5%
Contributions10/11€7,933€7,933--
Reserves13€4,834€4,834€4,834=
Profit (loss) carried forward14-€19,634-€31,002-€40,385▼ 30.3%
Amounts payable17/49€43,342€37,493€29,209▼ 22.1%
Amounts payable after more than one year17€16,714---
Amounts payable within one year42/48€26,628€37,166€28,831▼ 22.4%
Trade debts44€6,654€9,514€2,542▼ 73.3%
Line201820192020Change
Profit (loss) for the period9904-€21,876-€11,368-€9,383▲ 17.5%
+ Depreciation and write-downs630€8,173€8,173--
Operating cash flow (approximation)-€13,703-€3,194-€9,383▼ 194%
Investment in fixed assets (approximation)--€125--

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

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Timeline · acts, filings and financial milestones

2024
16-09
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 10-09-2024
2021
05-11
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 28-10-2021
25-10
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 86 days late
2020
30-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
10-02
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 194 days late
2018
05-12
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 127 days late
2017
28-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 59 days late
2016
29-12
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 151 days late
2015
09-10
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 435 days late
2013
05-07
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
31-08
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema · 31 days late
2011
26-08
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema · 26 days late
SignalNBB filing
0 of 4 acts read
About the unread acts

We know of 4 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
4 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

Insolvency mandates

1 mandate
Role Name Tenure
Curator STEFANIE HENS
BRITSELEI 76, 2000 06 ANTWERPEN-
28-10-2021 → 10-09-2024