Bankrupt · Opening faillissement (CBE)

M ADVICE

BE0742609927

Rechtspersoon Private limited company 1 establishment

M ADVICE is registered with the CBE as active in: Activiteiten van holdings. Private Limited, started on 28 January 2020, 1 establishment.

Kouterken 22, 9850 Deinze

Behind the company: Danny Gruyaert.

Start date

28 January 2020

Warning lights

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

  • Negative equity NBB

    More debt than assets in 1 of the last 3 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 25 % of short-term debt in 2023; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

M ADVICE from Deinze, company number BE0742609927, closed financial year 2023 with a result of € -37,507 after tax. For that financial year M ADVICE recorded a gross margin of € 27,080 and equity of € -27,305. Compared with financial year 2022, the result moved from € 10,083 to € -37,507. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 30, 2024.

What it is worth Caution

€ -27,305

▼ € 37,507 vs 2022

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

Loss Caution

€ -37,507

▼ still € 10,083 profit in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 14

▼ € 5,033 vs 2022

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -32,305.

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

€ 20,187

▼ 21% vs 2022

Of which on lease € 18,233.

Debts at end 2023

Bank debt ≈ 3 years to go

€ 18,768

▼ 23% vs 2022

€ 5,818 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Taxes and wages

€ 35,172

▲ 70% vs 2022

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Gross margin € 3,609 € 38,364 € 27,080 ▼ 29%
Profit after taxes € -10,156 € 10,083 € -37,507 ▼ € 47,589
Equity € 9,118 € 10,201 € -27,305 ▼ € 37,507
Total debts € 42,536 € 58,890 € 71,510 ▲ 21%
Cash - € 5,047 € 14 ▼ € 5,033
Retained profit € 4,118 € 5,201 € -32,305 ▼ € 37,507
Dividend € 0 € 9,000 € 0 ▼ 100%
Bank debt € 2,060 € 24,525 € 18,768 ▼ 23%
Balance sheet total € 51,655 € 69,091 € 44,205 ▼ 36%

Key figures of M ADVICE, 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 M ADVICE?

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

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

  • New annual accounts for financial year 2023: loss of € 37,507 (▼ € 47,589 vs 2022). filed late Source: NBB ↗
  • New establishment in Deinze. KBO
  • Start of the company according to the CBE. KBO

In short

From € 10,156 loss in 2021 to € 37,507 loss in 2023.

Paid € 14,836 in corporate taxes since 2021.

Best year ever: 2022, with € 10,083 profit.

Paid out € 9,000 in dividends to the owners in total.

Management

Danny Gruyaert
M ADVICE

Behind M ADVICE is Danny Gruyaert. Danny Gruyaert is also behind Portanol.

See the full network in the app

Directors

According to the 2023 annual accounts

Danny Gruyaert

Director

Also active at: Portanol

Establishments

Establishment units

Physical locations of this company

Registered office

Kouterken 22

9850 Deinze

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

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

Details

Company number
0742.609.927
VAT number
BE 0742.609.927
Registered office
Kouterken 22, 9850 Deinze
Names & denominations
M ADVICE
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
28 January 2020
Peppol
Active · Active since 18 Dec 2025
Activities · NACE

Activiteiten van holdings

Holdings

Frequently asked questions

What does M ADVICE do?
M ADVICE is registered with the CBE as active in: Activiteiten van holdings. Private Limited, started on 28 January 2020, 1 establishment.
What is the address of M ADVICE?
The registered office of M ADVICE is located at Kouterken 22, 9850 Deinze.
Is M ADVICE still active?
No. The CBE lists M ADVICE 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 M ADVICE registered on Peppol?
Yes, M ADVICE is registered on the Peppol network with ID 0208:0742609927.
What is the enterprise number of M ADVICE?
The enterprise number of M ADVICE is BE0742609927.
When was M ADVICE founded?
M ADVICE was founded on 28 January 2020.