Financials
- Financial year
- 2019
- Total assets
- €445,723
- Profit
- €1,997
- Solvency
- -3.9%
Total assets▲ 7.8%
Net result
20182019
MDM LINE
InactiveAre you a creditor?
Judicial reorganisation
Source: Belgian Official Gazette
Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.
The procedure
- Court
- Enterprise Court of Ghent
- Opened
- 26 April 2021
- Track
- Reorganisation by collective agreement
- Docket number
- 20210012
- Moratorium until
- 30 June 2021 (passed; an extension would be in a later judgment)
- Creditors' vote
- 28 June 2021
- Delegated judge
- Xavier Vanneste
- Official Gazette
- 30-04-2021 (pdf) ↗search the document for 2021/116380
What to do now
- Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
- Check the amount the company lists you for: it has to tell you. If it is wrong, dispute it in writing.
- The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
- What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
- The file is in RegSol, where you can read the documents of the procedure.
Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette. The date of the vote on the plan is in the judgment and in RegSol.
View the file in RegSol ↗
Follow
Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.
General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company
Overview
Activity
Activity not known
Size
€445,723total assets 2019
- Staff
- 2.2 FTE
- Equity
- -€17,264
- Profit
- €1,997
Turnover not published (micro format)
Financial health
Inactive: no score
Structure
2 deeds in the Belgian Official Gazette
Signalsraises riskIn judicial reorganisation2019 accounts filed 195 days lateneutralNo filing for yearsShow the evidence
Signals
Three signals.
raises riskneutral
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 7 filingsPosition against the passed deadline
31-12-2020 year end31-07-2021 deadline26-10-2026 today
raises risk · 2019 accounts filed 195 days late
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 11-02-2021, 195 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 7 filingsDeviation from the deadline
2019
195 days late
2018
394 days late
2017
28 days late
2016
10 days late
2015
30 days late
2014
24 days late
2013
31 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 93 days after the deadline; the Belgian median for financial year 2019 is on the deadline day, and 49% of all filings were late.
Searched, nothing found (1)
- Bankruptcy closure (by liquidation)Enterprise Court of Ghent, Bruges…
- OpeningEnterprise Court of Ghent, Bruges…
- OpeningEnterprise Court of Ghent ·…
Key points
By topic
Timeline
- Events
- 11
- Since
- 2014
- 11-02-2021Annual accounts filed
- 28-08-2020Annual accounts filed
- 31-12-2019Back to profit
Company details
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
Key facts about MDM LINE
- What is the company number of MDM LINE?
- 0843.993.337. In Belgium the VAT number is the company number with BE in front: BE 0843.993.337.
- What is the legal form of MDM LINE?
- BVBA.
- Is MDM LINE still active?
- No. MDM LINE is inactive in the KBO register.Company details
- How many employees did MDM LINE have?
- On average 2.2 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
- What is the turnover of MDM LINE?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is MDM LINE profitable?
- In financial year 2019, MDM LINE made a profit of €1,997.
- Where can I find the annual accounts of MDM LINE?
- MDM LINE filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2019.
Go further with this company
What should you check before you do business with this company?Supplier due diligence What were this company's board, registered office and name on a given date?Company as of a date Are there other customers at risk in your own list?Process a list
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