MAUROCIL
Bankruptcy closedFrom the official registers: KBO 11 annual accounts at the National Bank publications in the Belgian Official Gazette
Inactive since 16-05-2026; last annual accounts for financial year 2024.
Summary
MAUROCIL was declared bankrupt on 25-11-2025 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 12-05-2026, published in the Belgian Official Gazette on 26-05-2026.
Financials · financial year 2024, micro format
Latest annual accounts filed
Annual accounts 2024
- Financial year ended
- 30-09-2024
- Filed on
- 29-04-2025
- Format
- micro format
- Reference
- 2025-00079613
Turnover
≈ €150,000
Estimated: probably between €67,000 and €350,000
Total assets
€33,981▼ 19.9%
2023 · €42,435
Net result
-€15,790▲ 55.1%
2023 · -€35,193
Working capital
-€71,116▼ 27.9%
2023 · -€55,597
Trend over the years
2020 to 2024, 5 financial years 2019 to 2024, 6 financial years
The operating result stays negative: a loss of €14,399 in 2024 against €34,707 in 2023; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€14,399
2024
Net result-€15,790
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€33,981
2024
Equity-€61,656
2024
Debt€95,637
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€71,116
2024
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201920202021202220232024
Operating result-€27,904--€8,185▲ 70.7%€2,055€18,513▲ 801%-€34,707-€14,399▲ 58.5%
Net result-€29,635--€10,197▲ 65.6%€1,888€18,046▲ 856%-€35,193-€15,790▲ 55.1%
Equity-€20,411--€30,608▼ 50.0%-€28,720▲ 6.2%-€10,673▲ 62.8%-€45,866▼ 330%-€61,656▼ 34.4%
Total assets€19,304-€25,956▲ 34.5%€34,917▲ 34.5%€63,626▲ 82.2%€42,435▼ 33.3%€33,981▼ 19.9%
Debt€39,715-€56,564▲ 42.4%€63,636▲ 12.5%€74,300▲ 16.8%€88,301▲ 18.8%€95,637▲ 8.3%
Working capital-€22,766--€34,568▼ 51.8%-€32,742▲ 5.3%-€11,576▲ 64.6%-€55,597▼ 380%-€71,116▼ 27.9%
Staff (FTE)0.8
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €33,981
Fixed assets
€28,907 ▼ 24.7%
Current assets
€5,075 ▲ 24.8%
Equity and liabilities
Equity-€61,656
Debt€95,637
Equity is negative: debt (€95,637) exceeds the balance-sheet total (€33,981).
Key figures and ratios
EBITDA
-€4,937▲
2023 · -€25,215
Cash flow
-€6,328▲
2023 · -€25,701
Solvency
-181.4%▼
2023 · -108.1%
Current ratio
0.07▼
2023 · 0.07
ROA
-46.5%▲
2023 · -82.9%
Interest coverage
-3.80▲
2023 · -65.51
Debt ≤ 1 year
€76,190▲
2023 · €59,664
Debt > 1 year
€19,447▼
2023 · €28,637
Income taxes
€93▼
2023 · €101
Staff costs
€22,927▼
2023 · €23,988
No debt to equity: equity is negative, so debt divided by equity means nothing.
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 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €5,119 | €0 | - | - |
| Remuneration, social security and pensions62 | - | - | €27,051 | €28,493 | €23,988 | €22,927 | ▼ 4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,837 | €3,837 | €3,837 | €391 | €9,492 | €9,462 | ▼ 0.3% |
| Other operating charges640/8 | - | - | - | €273 | €0 | €1,092 | - |
| Gross operating margin9900 | €30,679 | €20,347 | €32,942 | €47,670 | -€1,227 | €19,082 | - |
| Operating profit (loss)9901 | -€27,904 | -€8,185 | €2,055 | €18,513 | -€34,707 | -€14,399 | ▲ 58.5% |
| Financial income75/76B | - | - | - | - | - | €1 | - |
| Recurring financial income75 | - | - | - | - | - | €1 | - |
| Financial charges65/66B | - | - | €96 | €374 | €385 | €1,299 | ▲ 238% |
| Recurring financial charges65 | €1,587 | €2,012 | €96 | €374 | €385 | €1,299 | ▲ 238% |
| Profit (loss) for the period before taxes9903 | -€29,491 | -€10,197 | €1,960 | €18,139 | -€35,092 | -€15,697 | ▲ 55.3% |
| Income taxes67/77 | €144 | - | €72 | €93 | €101 | €93 | ▼ 8.2% |
| Profit (loss) for the period9904 | -€29,635 | -€10,197 | €1,888 | €18,046 | -€35,193 | -€15,790 | ▲ 55.1% |
| Profit (loss) for the period to be appropriated9905 | -€29,635 | -€10,197 | €1,888 | €18,046 | -€35,193 | -€15,790 | ▲ 55.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €19,304 | €25,956 | €34,917 | €63,626 | €42,435 | €33,981 | ▼ 19.9% |
| Fixed assets21/28 | €11,696 | €7,860 | €4,023 | €903 | €38,369 | €28,907 | ▼ 24.7% |
| Tangible fixed assets22/27 | €11,510 | €7,674 | €3,837 | €717 | €38,183 | €28,721 | ▼ 24.8% |
| Land and buildings22 | - | - | - | €717 | €617 | €546 | ▼ 11.4% |
| Furniture and vehicles24 | - | - | €3,463 | €0 | €37,566 | €28,175 | ▼ 25.0% |
| Other tangible fixed assets26 | - | - | €374 | - | - | - | - |
| Financial fixed assets28 | €186 | €186 | €186 | €186 | €186 | €186 | = |
| Current assets29/58 | €7,608 | €18,097 | €30,894 | €62,724 | €4,066 | €5,075 | ▲ 24.8% |
| Amounts receivable within one year40/41 | €7,343 | €14,279 | €30,551 | €10,678 | €4,008 | €4,379 | ▲ 9.3% |
| Trade receivables40 | - | - | €30,551 | €10,678 | €3,935 | €4,247 | ▲ 7.9% |
| Other amounts receivable41 | - | - | - | - | €73 | €132 | ▲ 81.7% |
| Cash at bank and in hand54/58 | €265 | €3,818 | €342 | €5,088 | €38 | €281 | ▲ 640% |
| Deferred charges and accrued income490/1 | - | - | - | €46,958 | €21 | €414 | ▲ 20× |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €19,304 | €25,956 | €34,917 | €63,626 | €42,435 | €33,981 | ▼ 19.9% |
| Equity10/15 | -€20,411 | -€30,608 | -€28,720 | -€10,673 | -€45,866 | -€61,656 | ▼ 34.4% |
| Contributions10/11 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€39,011 | -€49,208 | -€47,320 | -€29,273 | -€64,466 | -€80,256 | ▼ 24.5% |
| Amounts payable17/49 | €39,715 | €56,564 | €63,636 | €74,300 | €88,301 | €95,637 | ▲ 8.3% |
| Amounts payable after more than one year17 | €9,341 | €3,899 | - | - | €28,637 | €19,447 | ▼ 32.1% |
| Financial debts170/4 | - | - | - | - | €28,637 | €19,447 | ▼ 32.1% |
| Amounts payable within one year42/48 | €30,374 | €52,665 | €63,636 | €74,300 | €59,664 | €76,190 | ▲ 27.7% |
| Current portion of amounts payable after more than one year42 | - | - | €4,135 | €0 | €9,434 | €13,752 | ▲ 45.8% |
| Financial debts43 | - | - | - | - | - | €673 | - |
| Credit institutions430/8 | - | - | - | - | - | €673 | - |
| Trade debts44 | €5,698 | €2,192 | €2,459 | €48,837 | €2,517 | €7,551 | ▲ 200% |
| Suppliers440/4 | - | - | €2,459 | €48,837 | €2,517 | €7,551 | ▲ 200% |
| Advances received on contracts in progress46 | - | - | €20,694 | €7,327 | €0 | - | - |
| Taxes, remuneration and social security45 | - | - | €9,330 | €3,313 | €7,783 | €11,474 | ▲ 47.4% |
| Taxes450/3 | - | - | €4,070 | €2,238 | €7,089 | €10,147 | ▲ 43.1% |
| Remuneration and social security454/9 | - | - | €5,260 | €1,074 | €694 | €1,327 | ▲ 91.2% |
| Other amounts payable47/48 | - | - | €27,018 | €14,824 | €39,930 | €42,741 | ▲ 7.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€29,635 | -€10,197 | €1,888 | €18,046 | -€35,193 | -€15,790 | ▲ 55.1% |
| + Depreciation and write-downs630 | €23,837 | €3,837 | €3,837 | €391 | €9,492 | €9,462 | ▼ 0.3% |
| Operating cash flow (approximation) | -€5,798 | -€6,360 | €5,725 | €18,437 | -€25,701 | -€6,328 | ▲ 75.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €2,729 | -€46,958 | €0 | - |
| Change in cash | - | €3,553 | -€3,475 | €4,746 | -€5,050 | €243 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 11 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2024 | micro format | 29-04-2025 | 2025-00079613 | |
| 30-09-2023 | micro format | 29-04-2024 | 2024-00072484 | |
| 30-09-2022 | micro format | 29-03-2023 | 2023-00050395 | |
| 30-09-2021 | micro format | 26-04-2022 | 2022-20008540 | |
| 30-09-2020 | micro format | 30-04-2021 | 2021-12800205 | |
| 30-09-2019 | micro format | 25-05-2020 | 2020-13100030 | |
| 30-09-2018 | micro format | 26-03-2019 | 2019-08000358 | |
| 30-09-2017 | micro format | 29-03-2018 | 2018-08500259 | |
| 30-09-2016 | abbreviated format | 09-03-2017 | 2017-06000540 | |
| 30-09-2015 | abbreviated format | 31-03-2016 | 2016-08900485 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.