OPENING OF BANKRUPTCY

MAD agencies

Company — Opening of bankruptcy.

Financial year 2020 · Closed on 31/12/2020

Net result3,3 k €-90,1 %over 1 year
Gross margin23,6 k €-52,1 %over 1 year
Equity49 k €+7,2 %over 1 year

Identity

Source · BCE/KBO

MAD agencies is a Private company with limited liability incorporated in 2018. Its registered office is in Bruxelles.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0713.468.850
Incorporation
12/11/2018
Legal form
Private company with limited liability
Registered office
Rue des Poissonniers 13
1000 Bruxelles · BruxellesSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2020
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 2 filings

Trend over 2 financial years

20202019
Income statement
Gross margin23,6 k €49,2 k €
EBITDA15,1 k €48,1 k €
Operating result5,5 k €46,9 k €
Net result3,3 k €33,3 k €
Balance sheet
Equity49 k €45,7 k €
Total assets241,1 k €78,7 k €
Cash48,5 k €169,9 €
Debts192,1 k €33 k €

Board of directors

Source · NBB, accounts to 31/12/2020

1 active

Active mandates

Dirk Smet

Director

Active

Other companies at this address

Rue des Poissonniers 13 1000 Bruxelles
CompanyCBE no.
ACMF GROUP● Active
0758.640.166
AKAY SERVICES● Bankrupt
0687.792.059
0413.817.440
0782.215.918
BELGIAN HOLDING● Active
0793.360.327
0448.526.020
0761.770.197
0693.798.240
DMD LOGISTICS● Active
1024.684.937
Dripbxl● Active
1036.794.396
0412.123.702
0422.218.927
Georges Moers et Cie● Liquidation
0406.182.649
0409.735.621
0409.738.094
0409.740.272
0673.994.897
MAGITEC SERVICES● Bankrupt
0716.714.885
0410.338.011
PACIFICO● Active
0871.552.819

Full financial information

Source · NBB
20202019
Type of accountMicro modelMicro model
Start of the financial year01/01/202009/11/2018
Closing of the financial year31/12/202031/12/2019
Length of the financial year12 months14 months
Filing date11/03/202206/10/2020
General meeting25/06/202108/09/2020
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 2 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202025/06/202111/03/2022DutchPDF
Micro model31/12/201908/09/202006/10/2020DutchPDF

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

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Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2020

1 active

Active mandates

Dirk Smet

Director

Active

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office06/01/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other14/11/2018
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2020
    Annual accounts 20203,3 k €↓
  2. 2019
    Annual accounts 201933,3 k €
  3. 12/11/2018
    IncorporationPrivate company with limited liability