MAXXO MODULES
Open bankruptcyOverview
Information for creditors
Open bankruptcy
Source: Belgian Official Gazette
Declared bankrupt on 9 January 2024 · trustee Elke Roebben · a claim can no longer be filed
Creditor guide for this companyThe procedure
- Court
- Enterprise Court of Antwerp, Tongeren division
- Supervising judge
- Willem Corstjens
- Official Gazette
- 15-01-2024search the document for 2024/101248
Deadlines
- Provisional date payments stopped
- 9 January 2024A later judgment can still change the date.art. XX.105, Code of Economic Law
- Appeal or third-party opposition until
- passed on 30 January 2024That is fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
- File the claim in RegSol, the Belgian insolvency register, until
- passed on 8 February 2024art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 20 February 2024Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
- Late claim until
- passed on 9 January 2025A late claim shares only in what has not yet been paid out. You bear the costs of that claim.art. XX.165, Code of Economic Law
Trustee
- Elke RoebbenHemelingenstraat 37, 3700 Tongerenelke@advroebben.be
Steps for a creditor
- The deadlines to file your claim have passed, including for a late claim. That was possible until a year after the judgment.
- Ask the trustee whether anything will still be paid out and whether your claim was admitted.
- Follow the file in RegSol. The trustee's reports appear there.
- Ask your accountant about the VAT on the unpaid invoices. In a bankruptcy it can be recovered, subject to conditions.
A late claim was possible until a year after the judgment (art. XX.165, Code of Economic Law). That deadline has passed too.
The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.
Follow
Follow this bankruptcy and you are notified the next morning if it is closed or reversed.
This is general information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.
Embed in an article
Embed the MAXXO MODULES company card in your article about this bankruptcy: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
Preview
The preview appears here.
- The card stays current. The status follows the register and the figures come from the latest filed accounts. It carries no Checked score or verdict.
- It barely adds weight to your page: one small script and one data request, also answered from a cache. There are no cookies and no tracking.
- Where scripts do not run (a newsletter, a feed reader) a plain link remains.
Overview
Official details
Source: KBO- Status
- Open bankruptcy declared bankrupt on 09-01-2024
- Activity
- General construction of residential buildings NACE 41001
- Establishment unit
- 2.282.837.392 3650 Dilsen-Stokkem, since 18-10-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 19-09-2026
Board and ownership
Board
- VANDEREYT MARTINDirector · since 16-10-2018
Shareholders
- M&F CREATIVITY100%· score 832023 annual accounts of M&F CREATIVITY
Financial position
No score
Annual accounts 2022
- Gross margin
- -€17,571
- Loss
- €226,035
- Equity
- -€162,224
- Total assets
- €5.6m
- ▼ 11.5%
Turnover not published (abbreviated or micro format)
Financials
Financials · financial year 2022, abbreviated format
2022 annual accounts filed 31 days after the deadline Filed on 31 August 2023, deadline 31 July 2023 (7 months after the close on 31 December 2022, Companies Code art. 3:10). Source: NBB, 2023-00414156.
Annual accounts 2022 filed on 31-08-2023 PDF all 4 filings
Equity
-€162,224
2021 · €63,811
Total assets
€5.6m▼ 11.5%
2021 · €6.3m
Net result
-€226,035
2021 · €25,764
Working capital
€2.3m▼ 8.8%
2021 · €2.5m
Multi-year overview
2019 to 2022, 4 financial yearsOperating result
-€144,029
2022
20192022
Net result
-€226,035
2022
lowest quarter of the sector
20192022
Equity
-€162,224
2022
lowest quarter of the sector
20192022
Total assets
€5.6m
▼ 11.5%
2022
highest quarter of the sector
20192022
Debt
€5.7m
▼ 8.0%
2022
20192022
Working capital
€2.3m
▼ 8.8%
2022
highest quarter of the sector
20192022
Solvency
-2.9%
▼ 3.9pp
2022
lowest quarter of the sector
20192022
Current ratio
1.70
▲ 0.04
2022
middle half of the sector
20192022
Return on assets (ROA)
-4.1%
▼ 4.5pp
2022
lowest quarter of the sector
20192022
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022
Operating result€0.002m-€0.04m▲ 24×€0.09m▲ 109%-€0.1m
Net result€0.001m-€0.03mabove the sector's middle half▲ 25×€0.03mabove the sector's middle half▼ 14.8%-€0.2mbelow the sector's middle half
Equity€0.008m-€0.04mwithin the sector's middle half▲ 388%€0.06mwithin the sector's middle half▲ 67.7%-€0.2mbelow the sector's middle half
Total assets€0.03m-€1.7mabove the sector's middle half▲ 67×€6.3mabove the sector's middle half▲ 269%€5.6mabove the sector's middle half▼ 11.5%
Debt€0.02m-€1.7m▲ 94×€6.2m▲ 273%€5.7m▼ 8.0%
Working capital€0.008m-€0.04mwithin the sector's middle half▲ 408%€2.5mabove the sector's middle half▲ 64×€2.3mabove the sector's middle half▼ 8.8%
Solvency30.4%-2.2%below the sector's middle half▼ 28.2pp1.0%below the sector's middle half▼ 1.2pp-2.9%below the sector's middle half▼ 3.9pp
Current ratio1.44-1.02below the sector's middle half▼ 0.411.67within the sector's middle half▲ 0.641.70within the sector's middle half▲ 0.04
Return on assets (ROA)4.7%-1.8%within the sector's middle half▼ 2.9pp0.4%within the sector's middle half▼ 1.4pp-4.1%below the sector's middle half▼ 4.5pp
above
within
below
The sector band is the middle half of the companies in Construction of residential and non-residential buildings (NACE 41). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2022 is a loss of €144,029, after a profit of €85,553 in 2021. It is the lowest result since 2019.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Key figures and ratios
Debt ≤ 1 year
€3.3m▼
2021 · €3.8m
Debt > 1 year
€2.5m=
2021 · €2.5m
Income taxes
€0▼
2021 · €6,305
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Securities and guarantees
| Item | 2021 | 2022 |
|---|---|---|
| Debts secured on the company's own assets | - | €4.9m |
| Pledge on the business | €5.0m | €5.0m |
| Pledge on other assets, amount secured | - | €790,000 |
Source: notes to the 2021 to 2022 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,170 | - | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €126,128 | €125,462 | ▼ 0.5% |
| Other operating charges640/8 | - | - | €123 | €995 | ▲ 710% |
| Gross operating margin9900 | €2,929 | €41,128 | €211,804 | -€17,571 | - |
| Operating profit (loss)9901 | €1,697 | €40,945 | €85,553 | -€144,029 | - |
| Financial income75/76B | - | - | €0 | €0 | ▼ 100% |
| Recurring financial income75 | - | - | €0 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | €53,485 | €82,006 | ▲ 53.3% |
| Recurring financial charges65 | €0 | €3,195 | €53,485 | €82,006 | ▲ 53.3% |
| Profit (loss) for the period before taxes9903 | €1,697 | €37,750 | €32,069 | -€226,035 | - |
| Income taxes67/77 | €500 | €7,500 | €6,305 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €1,197 | €30,250 | €25,764 | -€226,035 | - |
| Profit (loss) for the period to be appropriated9905 | €1,197 | €30,250 | €25,764 | -€226,035 | - |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €0.03m | €1.7m | €6.3m | €5.6m | ▼ 11.5% |
| Current assets29/58 | €0.03m | €1.7m | €6.3m | €5.6m | ▼ 11.5% |
| Amounts receivable within one year40/41 | €0.001m | €1.5m | €6.3m | €5.6m | ▼ 11.5% |
| Trade receivables40 | - | - | €0.9m | €0.2m | ▼ 71.8% |
| Other amounts receivable41 | - | - | €5.4m | €5.3m | ▼ 1.9% |
| Cash at bank and in hand54/58 | €0.02m | €0.2m | €0 | - | - |
| Deferred charges and accrued income490/1 | - | - | €0.004m | €0 | ▼ 100% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €0.03m | €1.7m | €6.3m | €5.6m | ▼ 11.5% |
| Equity10/15 | €0.008m | €0.04m | €0.06m | -€0.2m | - |
| Contributions10/11 | €0.007m | - | €0.007m | €0.007m | = |
| Reserves13 | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Non-distributable reserves130/1 | - | - | €0.001m | €0.001m | = |
| Reserves not available under the articles1311 | - | - | €0.001m | €0.001m | = |
| Profit (loss) carried forward14 | - | €0.03m | €0.06m | -€0.2m | - |
| Amounts payable17/49 | €0.02m | €1.7m | €6.2m | €5.7m | ▼ 8.0% |
| Amounts payable after more than one year17 | - | - | €2.5m | €2.5m | = |
| Financial debts170/4 | - | - | €2.5m | €2.5m | = |
| Amounts payable within one year42/48 | €0.02m | €1.7m | €3.8m | €3.3m | ▼ 13.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.3m | - |
| Financial debts43 | - | - | €2.3m | €2.1m | ▼ 4.7% |
| Credit institutions430/8 | - | - | €2.3m | €2.1m | ▼ 4.7% |
| Trade debts44 | €0.02m | €0.1m | €0.02m | €0.8m | ▲ 49× |
| Suppliers440/4 | - | - | €0.02m | €0.8m | ▲ 49× |
| Advances received on contracts in progress46 | - | - | €1.5m | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | €0.01m | €0.006m | ▼ 54.1% |
| Taxes450/3 | - | - | €0.01m | €0.006m | ▼ 54.1% |
| Accrued charges and deferred income492/3 | - | - | €0.008m | €0.01m | ▲ 55.4% |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,197 | €30,250 | €25,764 | -€226,035 | - |
| + Depreciation and write-downs630 | €1,170 | - | - | - | - |
| Operating cash flow (approximation) | €2,367 | €30,250 | €25,764 | -€226,035 | - |
| Change in cash | - | €139,589 | -€164,030 | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Directors
1 director
VANDEREYT MARTIN
Current
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Elke Roebben Hemelingenstraat 37, 3700 Tongeren |
09-01-2024 → present |
Owners and capital
Shareholders
1 ownerChain of control
- M&F CREATIVITY
- MAXXO MODULES
Owners 1
- M&F CREATIVITYparentEquity €30,549 Loss of €27,194 in 2025 (loss of €6,558 in 2024) Checked score 83100%
Network & group
Companies at the same address
3 other companiesConnections & network
1 current directorThe network starts from the directors of MAXXO MODULES. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
2024
15-01
Bankruptcy
Bankruptcy declared
Enterprise Court of Antwerp, Tongeren division · judgment of 09-01-2024
2023
31-08
abbreviated format · 31 days late
2022
31-12
Financial
Weakest financial yearnet -€226,035
The net result drops to -€226,035, the lowest from 2019 to 2022.
27-07
micro format · 4 days before the deadline
13-05
Gazette deed
Registered office moved from Zonhoven to Dilsen-StokkemNew seat: Bekaertlaan 20 te 3650 Dilsen-Stokkem · Previous seat: Senator A. Jeurissenlaan 1108, 3520 Zonhoven2 points ▸
Gazette deed
Registered office moved from Zonhoven to Dilsen-Stokkem
New seat: Bekaertlaan 20 te 3650 Dilsen-Stokkem · Previous seat: Senator A. Jeurissenlaan 1108, 3520 Zonhoven2 points ▸
- Board meeting, 19-04-2022
- Registered-office move, Bekaertlaan 20 te 3650 Dilsen-Stokkem
2021
2020
31-12
Financial
Highest result from 2019 to 2022net €30,250 ▲2,427%
The net result of €30,250 is the highest of those years.
2018
22-10
2 publications in the Belgian Official Gazette, the last on 13-05-2022
SignalFinancial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Opening faillissement
- Last annual accounts
- financial year to 31 December 2022
- Legal form
- Private limited company (pre-2019)
- Active since
- 18 October 2018
Register details
Identity
Name
MAXXO MODULES in Dutch
Enterprise number
0711.844.396
Entity type
Legal entity
Registered office and establishments
Registered office
Bekaertlaan 20, 3650 Dilsen-Stokkem, Belgium
1 former office
- Senator A. Jeurissenlaan 1108, 3520 Zonhoven until 19-04-2022 · act of 13-05-2022
Establishment unit
MAXXO Modules, Bekaertlaan 20, 3650 Dilsen-Stokkem since 18-10-2018 · unit number 2.282.837.392 29202 Manufacture of motor vehicles, trailers and semi-trailers
Activities
NACEBEL 202541001
General construction of residential buildings main activity
Codes under NACEBEL 2008
41201
General construction of buildings main activity
Invoicing and payment
VAT number
BE 0711.844.396
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Sites & property
Location
Buildings and parcels at the address
Ground area
2.6 ha
Building footprint
2.6 ha
Building volume
227,872 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 73043B0217/00S000 | Flanders | 2.6 ha | 1 · 2.6 ha | 10.7 m · 3 |