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MD PRO SYSTEM

Inactive
KBO/BCE: BE 0682.609.685

MD PRO SYSTEM was declared bankrupt on 17-01-2022 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 31-05-2022, published in the Belgian State Gazette on 03-06-2022.

Summary

Inactive; last annual accounts for fiscal year 2018.

Signals

Two 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 · Latest accounts filed on time
The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 24-07-2019, 7 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2018
7 d early
← before the deadline after the deadline →
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

Financials · fiscal year 2018, micro schema

Turnover
€243k
EBIT margin
2.8%
Net result
€6k
Working capital
€6k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €71k
Fixed assets €656
Current assets €70k
Equity and liabilities €71k
Equity €7k
Debt €64k
Debt finances 90.7% of the balance-sheet total.
Key figures and ratios
2018 value
EBITDA
€7k
Cash flow
€7k
Current ratio
1.09
ROE
97.0%
ROA
9.0%
Debt ≤ 1 year
€64k
Income taxes
€155
Filed annual accounts As filed with the NBB · 2018 · 22 lines
Balance sheet Code2018
Assets
Total assets20/58€71k
Fixed assets21/28€656
Tangible fixed assets22/27€656
Current assets29/58€70k
Amounts receivable within one year40/41€69k
Cash at bank and in hand54/58€1k
Equity and liabilities
Total equity and liabilities10/49€71k
Equity10/15€7k
Contributions10/11€6k
Reserves13€431
Amounts payable17/49€64k
Amounts payable within one year42/48€64k
Trade debts44€58k
Income statement Code2018
Turnover70€243k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€468
Gross operating margin9900€8k
Operating profit (loss)9901€7k
Recurring financial charges65€241
Profit (loss) for the period before taxes9903€7k
Income taxes67/77€155
Profit (loss) for the period9904€6k
Profit (loss) for the period to be appropriated9905€6k

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Timeline · acts, filings and financial milestones

2022
03-06
Bankruptcy Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · MD PRO SYSTEM SRL RUE DES QUATRE-BRAS 2-4, 1000 BRUXELLES 1. déclarée le 17 janvier 2022 · event 31-05-2022
21-01
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · MD PRO SYSTEM SRL RUE DES QUATRE-BRAS 2-4, 1000 BRUXELLES 1 · event 17-01-2022
2019
24-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
SignalNBB filing

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
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Insolvency mandates

1 mandate
Role Name Tenure
Curator FREDERIK DE VULDER
59 B, AVENUE REINE ASTRID (BTE 3), 1780 WEMMEL
17-01-202231-05-2022