Bankrupt · Opening faillissement (CBE)

MaDo

BE0665961121

Rechtspersoon Private limited company 1 establishment

MaDo is an advertising agency in Boom. Private Limited, started on 14 November 2016, 1 establishment.

Hospitaalstraat 72, 2850 Boom

Behind the company: Kevin Geets.

Start date

14 November 2016

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

MaDo from Boom, company number BE0665961121, closed financial year 2023 with a result of € 813 after tax. For that financial year MaDo recorded a gross margin of € 6,219 and equity of € 111,473. Compared with financial year 2022, the result moved from € 2,846 to € 813. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 30, 2024.

What it is worth Growing

€ 111,473

▲ 1% vs 2022

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 813

▼ 71% vs 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 36,558

▲ 82% vs 2022

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2023. Retained profit grew to € 92,873.

People and assets in 2023

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 47,819

▲ € 45,524 vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt

€ 52,000

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 29,426

▲ 23% vs 2022

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 22,195

▼ 47% vs 2022

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Gross margin € 112,055 € 24,742 € 6,219 ▼ 75%
Profit after taxes € 76,713 € 2,846 € 813 ▼ 71%
Equity € 101,613 € 110,659 € 111,473 ▲ 1%
Total debts € 68,146 € 66,096 € 103,621 ▲ 57%
Cash € 22,582 € 20,129 € 36,558 ▲ 82%
Retained profit € 89,213 € 92,059 € 92,873 ▲ 1%
Bank debt € 0 € 0 € 52,000
Balance sheet total € 169,759 € 176,755 € 215,093 ▲ 22%

Key figures of MaDo, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.

What happened to MaDo?

What happened at MaDo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

MaDo is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2023: profit of € 813 (▼ 71% vs 2022). filed late Source: NBB ↗
  • New establishment in Boom. KBO
  • Start of the company according to the CBE. KBO
  • Kevin Geets became a director. NBB

In short

From € 76,713 profit in 2021 to € 813 profit in 2023.

Paid € 34,538 in corporate taxes since 2021.

Best year ever: 2021, with € 76,713 profit.

Management

Kevin Geets
MaDo
Aldrin 100%

Behind MaDo is Kevin Geets. It owns 100% of Aldrin itself.

Directors

According to the 2023 annual accounts

Kevin Geets

Director

Also active at: ALDRIN

since 2016

Establishments

Establishment units

Physical locations of this company

Registered office

Hospitaalstraat 72

2850 Boom

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0665.961.121
VAT number
BE 0665.961.121
Registered office
Hospitaalstraat 72, 2850 Boom
Names & denominations
MaDo
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
14 November 2016
Peppol
Not registered
Activities · NACE

Activiteiten van reclamebureaus

Activiteiten van holdings

Holdings

Frequently asked questions

What does MaDo do?
MaDo is an advertising agency in Boom. Private Limited, started on 14 November 2016, 1 establishment.
What is the address of MaDo?
The registered office of MaDo is located at Hospitaalstraat 72, 2850 Boom.
Is MaDo still active?
No. The CBE lists MaDo with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is MaDo registered on Peppol?
No, MaDo is currently not registered on the Peppol network.
What is the enterprise number of MaDo?
The enterprise number of MaDo is BE0665961121.
When was MaDo founded?
MaDo was founded on 14 November 2016.