MDO CONSTRUCT
Open bankruptcyA bankruptcy procedure is open for MDO CONSTRUCT according to publications in the Belgian State Gazette; curator: DIANE OSSIEUR.
Summary
Inactive; last annual accounts for fiscal year 2018.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 20-09-2019, 51 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 · 1 filingDeviation from the deadline
2018
51 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2018, micro schema
Turnover
€737k
EBIT margin
3.6%
Net result
€18k
Working capital
€29k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €126k
Fixed assets
€41k
Current assets
€85k
Equity and liabilities €126k
Equity
€43k
Debt
€83k
Debt finances 65.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€32k
Cash flow
€24k
Current ratio
1.52
Debt to equity
0.63
ROE
41.5%
ROA
14.2%
Debt ≤ 1 year
€56k
Debt > 1 year
€27k
Income taxes
€9k
Filed annual accounts As filed with the NBB · 2018 · 25 lines
Balance sheet
Code2018
Assets
Total assets20/58€126k
Fixed assets21/28€41k
Tangible fixed assets22/27€40k
Financial fixed assets28€510
Current assets29/58€85k
Amounts receivable within one year40/41€76k
Cash at bank and in hand54/58€10k
Equity and liabilities
Total equity and liabilities10/49€126k
Equity10/15€43k
Contributions10/11€3k
Profit (loss) carried forward14€40k
Amounts payable17/49€83k
Amounts payable after more than one year17€27k
Amounts payable within one year42/48€56k
Trade debts44€7k
Income statement
Code2018
Turnover70€737k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k
Gross operating margin9900€38k
Operating profit (loss)9901€27k
Recurring financial income75€3k
Recurring financial charges65€2k
Profit (loss) for the period before taxes9903€27k
Income taxes67/77€9k
Profit (loss) for the period9904€18k
Profit (loss) for the period to be appropriated9905€18k
Timeline · acts, filings and financial milestones
2023
23-02
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SCS MDO CONSTRUCT RUE DE POTTER 22, 1030 Schaerbeek · event 17-02-2023
2019
20-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 51 days late
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 | DIANE OSSIEUR AVENUE H. & F. LIMBOURG 19,
1070 ANDERLECHT |
17-02-2023 → present |