MK DAK
Bankruptcy closedInactive since 18-06-2026; last annual accounts for fiscal year 2021.
Summary
MK DAK was declared bankrupt on 30-03-2023 (Ondernemingsrechtbank Antwerpen, afdeling Hasselt); the bankruptcy was closed by liquidation by judgment of 16-06-2026, published in the Belgian State Gazette on 24-06-2026.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 29-07-2022, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
2 d early
2020
31 d early
2019
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 21 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Still owed money by this company? Its procedure, who runs it and what to do now.Creditor guide Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the Roofing work sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, micro schema
Equity
€11,792▼ 13.7%
2020 · €13,665
Total assets
€53,792▲ 80.7%
2020 · €29,768
Net result
-€1,873▲ 55.8%
2020 · -€4,236
Working capital
€14,754▼ 23.4%
2020 · €19,268
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result€9,147--€2,295-€3,759▼ 63.8%-€1,191▲ 68.3%
Net result€6,862--€2,587-€4,236below the sector's middle half▼ 63.8%-€1,873below the sector's middle half▲ 55.8%
Equity€20,487-€17,901▼ 12.6%€13,665below the sector's middle half▼ 23.7%€11,792below the sector's middle half▼ 13.7%
Total assets€50,640-€60,933▲ 20.3%€29,768below the sector's middle half▼ 51.1%€53,792below the sector's middle half▲ 80.7%
Debt€30,153-€43,033▲ 42.7%€16,103▼ 62.6%€42,000▲ 161%
Working capital€19,664-€18,257▼ 7.2%€19,268within the sector's middle half▲ 5.5%€14,754within the sector's middle half▼ 23.4%
Solvency40.5%-29.4%▼ 11.1pp45.9%within the sector's middle half▲ 16.5pp21.9%within the sector's middle half▼ 24.0pp
Current ratio1.78-1.48▼ 0.303.12above the sector's middle half▲ 1.642.05within the sector's middle half▼ 1.07
Return on assets (ROA)13.5%--4.2%▼ 17.8pp-14.2%below the sector's middle half▼ 10.0pp-3.5%below the sector's middle half▲ 10.7pp
Staff (FTE)1-0.9▼ 10.0%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1,191 in 2021 against €3,759 in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €53,792
Fixed assets
€24,924 ▲ 1,684%
Current assets
€28,868 ▲ 1.8%
Equity and liabilities €53,792
Equity
€11,792 ▼ 13.7%
Debt
€42,000 ▲ 161%
Debt's share of the balance-sheet total rises from 54.1% to 78.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€3,782▲
2020 · -€613
Cash flow
€3,100▲
2020 · -€1,089
Quick ratio
1.70▼
2020 · 2.56
Debt to equity
3.56▲
2020 · 0.51
ROE
-15.9%▲
2020 · -31.0%
Interest coverage
5.55
Debt ≤ 1 year
€14,115▲
2020 · €9,103
Debt > 1 year
€27,885▲
2020 · €7,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,817 | €2,745 | €3,147 | €4,973 | ▲ 58.0% |
| Other operating charges640/8 | - | - | - | €961 | - |
| Gross operating margin9900 | €42,128 | €37,611 | €2,060 | €4,743 | ▲ 130% |
| Operating profit (loss)9901 | €9,147 | -€2,295 | -€3,759 | -€1,191 | ▲ 68.3% |
| Recurring financial income75 | €105 | €315 | €31 | - | - |
| Financial charges65/66B | - | - | - | €681 | - |
| Recurring financial charges65 | €647 | €607 | €508 | €681 | ▲ 34.2% |
| Profit (loss) for the period before taxes9903 | €8,606 | -€2,587 | -€4,236 | -€1,873 | ▲ 55.8% |
| Income taxes67/77 | €1,744 | - | - | - | - |
| Profit (loss) for the period9904 | €6,862 | -€2,587 | -€4,236 | -€1,873 | ▲ 55.8% |
| Profit (loss) for the period to be appropriated9905 | €6,862 | -€2,587 | -€4,236 | -€1,873 | ▲ 55.8% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €50,640 | €60,933 | €29,768 | €53,792 | ▲ 80.7% |
| Fixed assets21/28 | €5,723 | €4,544 | €1,397 | €24,924 | ▲ 1,684% |
| Tangible fixed assets22/27 | €5,723 | €4,544 | €1,397 | €24,924 | ▲ 1,684% |
| Leasing and similar rights25 | - | - | - | €24,924 | - |
| Current assets29/58 | €44,917 | €56,390 | €28,371 | €28,868 | ▲ 1.8% |
| Stocks and contracts in progress3 | €6,153 | €5,949 | €5,101 | €4,853 | ▼ 4.9% |
| Stocks30/36 | - | - | - | €4,853 | - |
| Amounts receivable within one year40/41 | €36,822 | €40,801 | €18,267 | €12,768 | ▼ 30.1% |
| Trade receivables40 | - | - | - | €11,004 | - |
| Other amounts receivable41 | - | - | - | €1,763 | - |
| Cash at bank and in hand54/58 | €1,942 | €506 | €5,003 | €9,568 | ▲ 91.2% |
| Deferred charges and accrued income490/1 | - | - | - | €1,679 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €50,640 | €60,933 | €29,768 | €53,792 | ▲ 80.7% |
| Equity10/15 | €20,487 | €17,901 | €13,665 | €11,792 | ▼ 13.7% |
| Contributions10/11 | €20,000 | €20,000 | - | €20,000 | - |
| Reserves13 | €487 | €487 | €487 | €487 | = |
| Non-distributable reserves130/1 | - | - | - | €487 | - |
| Reserves not available under the articles1311 | - | - | - | €487 | - |
| Profit (loss) carried forward14 | -€14,128 | -€2,587 | -€6,822 | -€8,695 | ▼ 27.5% |
| Amounts payable17/49 | €30,153 | €43,033 | €16,103 | €42,000 | ▲ 161% |
| Amounts payable after more than one year17 | €4,900 | €4,900 | €7,000 | €27,885 | ▲ 298% |
| Financial debts170/4 | - | - | - | €15,282 | - |
| Other amounts payable178/9 | - | - | - | €12,603 | - |
| Amounts payable within one year42/48 | €25,253 | €38,133 | €9,103 | €14,115 | ▲ 55.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €4,411 | - |
| Trade debts44 | €14,985 | €34,887 | €3,389 | €8,204 | ▲ 142% |
| Suppliers440/4 | - | - | - | €8,204 | - |
| Taxes, remuneration and social security45 | - | - | - | €1,500 | - |
| Taxes450/3 | - | - | - | €1,500 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,862 | -€2,587 | -€4,236 | -€1,873 | ▲ 55.8% |
| + Depreciation and write-downs630 | €1,817 | €2,745 | €3,147 | €4,973 | ▲ 58.0% |
| Operating cash flow (approximation) | €8,679 | €159 | -€1,089 | €3,100 | ▲ 385% |
| Investment in fixed assets (approximation) | - | -€1,566 | €0 | -€28,500 | - |
| Change in cash | - | -€1,436 | €4,497 | €4,565 | ▲ 1.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
24-06
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 16-06-2026
2023
05-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 30-03-2023
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€4,236
Net result drops to -€4,236, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 3.12
Current ratio from 1.48 to 3.12; short-term debt falls from €38,133 to €9,103.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
2015
20-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 20 days late
2014
22-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 22 days late
2013
27-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 27 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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
Registered office, Heusden-Zolder
Ground area
586 m²
Building footprint
103 m²
Volume, LiDAR
497 m³
Parcel 71025A1525/00Y000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71025A1525/00Y000 | Flanders | 586 m² | 1 · 103 m² | 7.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | THEO MACOURS EERSELS 56, 3980 TESSENDERLO- |
30-03-2023 → 16-06-2026 |
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Of 8,568 companies in sector 43410 we hold annual accounts for 4,369. 2,475 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded22-03-2011
Fiscal year end31-12
Activities, NACEBEL 2025
43410Roofing work
43421Specialised construction activities
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
64210Activities of holding companies
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.