T.MADES
InactiveT.MADES was declared bankrupt on 09-05-2022 (Tribunal de l’entreprise du Brabant wallon); the bankruptcy was closed by liquidation by judgment of 22-01-2024, published in the Belgian State Gazette on 26-01-2024.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 7 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 26-08-2021, 26 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
26 d late
2019
82 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Equity
€-33k▼ 54.7%
2019 · €-21k
2018: €-13k
2019: €-21k
2018 → 2020
Total assets
€8k▼ 24.1%
2019 · €11k
2018: €9k
2019: €11k
2018 → 2020
Net result
€-12k▼ 42.3%
2019 · €-8k
2018: €-17k
2019: €-8k
2018 → 2020
Working capital
€-34k▼ 31.8%
2019 · €-26k
2018: €-14k
2019: €-26k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€-13k-€-21k▼ 62.5%€-33k▼ 54.7%
Operating result€-15k-€-7k▲ 54.2%€-11k▼ 57.7%
Net result€-17k-€-8k▲ 51.6%€-12k▼ 42.3%
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 €11k in 2020 against €7k in 2019; the loss grows.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €8k
Fixed assets
€4k ▼ 31.1%
Current assets
€4k ▼ 16.6%
Key figures and ratios
EBITDA
€-9k▼
2019 · €-5k
Cash flow
€-10k▼
2019 · €-6k
Solvency
-398.5%▼
2019 · -195.5%
Current ratio
0.11▼
2019 · 0.17
Quick ratio
0.04▼
2019 · 0.06
ROA
-140.9%▼
2019 · -75.2%
Debt
€41k▲
2019 · €32k
Debt ≤ 1 year
€38k▲
2019 · €31k
Income taxes
€113
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2020 against 2019 · 26 lines
Balance sheet
Code20192020
Assets
Total assets20/58€11k€8k▼
Fixed assets21/28€6k€4k▼
Tangible fixed assets22/27€5k€4k▼
Financial fixed assets28€100€100=
Current assets29/58€5k€4k▼
Stocks and contracts in progress3€3k€3k▼
Amounts receivable within one year40/41€1k€142▼
Cash at bank and in hand54/58€597€1k▲
Equity and liabilities
Total equity and liabilities10/49€11k€8k▼
Equity10/15€-21k€-33k▼
Contributions10/11€12k-
Reserves13€459€459=
Profit (loss) carried forward14€-34k€-45k▼
Amounts payable17/49€32k€41k▲
Amounts payable after more than one year17€890-
Amounts payable within one year42/48€31k€38k▲
Trade debts44€948€2k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Gross operating margin9900€-4k€-7k▼
Operating profit (loss)9901€-7k€-11k▼
Recurring financial income75-€3
Recurring financial charges65€1k€427▼
Profit (loss) for the period before taxes9903€-8k€-11k▼
Income taxes67/77-€113
Profit (loss) for the period9904€-8k€-12k▼
Profit (loss) for the period to be appropriated9905€-8k€-12k▼
Timeline · acts, filings and financial milestones
2024
26-01
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise du Brabant wallon · T.MADES SRL RUE DE NIVELLES 43, 1300 WAVRE. déclarée le 9 mai 2022 · event 22-01-2024
2022
16-05
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · T.MADES SRL RUE DE NIVELLES 43, 1300 WAVRE · event 09-05-2022
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
21-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 82 days late
2019
10-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 41 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
25-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 56 days late
2016
26-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 57 days late
2015
24-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
SignalNBB filing
Directors · office · real estate
Directors
6 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 | VIRGINIE SALTEUR AVENUE DU CENTENAIRE 120,
1400 NIVELLES |
09-05-2022 → 22-01-2024 |