Summary
2 MAKES 4 is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €2.19M and a net result of €66k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 95% of 6157 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-09-2025, 54 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
54 d late
2023
29 d late
2022
31 d late
2021
43 d late
2020
18 d late
2019
8 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€2.19M▲ 1.9%
2023 · €2.15M
2018: €1.92Mlowest in 7 years
2019: €1.93M▲ +0.4% vs 2018
2020: €1.95M▲ +1.4% vs 2019
2021: €1.98M▲ +1.5% vs 2020
2022: €2.09M▲ +5.5% vs 2021
2023: €2.15M▲ +2.8% vs 2022
2024: €2.19M▲ +1.9% vs 2023highest in 7 years
2018 → 2024
Net result
€66k▲ 14.5%
2023 · €58k
2018: €37k
2019: €57k▲ +55.9% vs 2018
2020: €27k▼ -53.0% vs 2019lowest in 7 years
2021: €30k▲ +11.3% vs 2020
2022: €109k▲ +264% vs 2021highest in 7 years
2023: €58k▼ -46.8% vs 2022
2024: €66k▲ +14.5% vs 2023
2018 → 2024
Total assets
€2.23M▲ 3.1%
2023 · €2.16M
2018: €1.96M
2019: €1.96M▼ -0.1% vs 2018lowest in 7 years
2020: €1.99M▲ +1.7% vs 2019
2021: €2.01M▲ +1.0% vs 2020
2022: €2.11M▲ +5.0% vs 2021
2023: €2.16M▲ +2.5% vs 2022
2024: €2.23M▲ +3.1% vs 2023highest in 7 years
2018 → 2024
Solvency
98.3%▼ 1.1pp
2023 · 99.4%
2018: 98.0%lowest in 7 years
2019: 98.5%▲ +0.5% vs 2018
2020: 98.2%▼ -0.3% vs 2019
2021: 98.7%▲ +0.5% vs 2020
2022: 99.1%▲ +0.4% vs 2021
2023: 99.4%▲ +0.2% vs 2022highest in 7 years
2024: 98.3%▼ -1.1% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.95M-€1.98M▲ 1.5%€2.09M▲ 5.5%€2.15M▲ 2.8%€2.19M▲ 1.9%
2020: €1.95Mlowest in 5 years
2021: €1.98M▲ +1.5% vs 2020
2022: €2.09M▲ +5.5% vs 2021
2023: €2.15M▲ +2.8% vs 2022
2024: €2.19M▲ +1.9% vs 2023highest in 5 years
Operating result€31k-€-21k€-19k▲ 10.8%€-5k▲ 71.7%€3k
2020: €31khighest in 5 years
2021: €-21k▼ -169% vs 2020lowest in 5 years
2022: €-19k▲ +10.8% vs 2021
2023: €-5k▲ +71.7% vs 2022
2024: €3k▲ +150% vs 2023
Net result€27k-€30k▲ 11.3%€109k▲ 264%€58k▼ 46.8%€66k▲ 14.5%
2020: €27klowest in 5 years
2021: €30k▲ +11.3% vs 2020
2022: €109k▲ +264% vs 2021highest in 5 years
2023: €58k▼ -46.8% vs 2022
2024: €66k▲ +14.5% vs 2023
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €3k after a loss of €5k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.23M
Fixed assets
€1.88M ▼ 0.1%
Current assets
€349k ▲ 24.6%
Equity and liabilities €2.23M
Equity
€2.19M ▲ 1.9%
Debt
€39k ▲ 176%
Debt's share of the balance-sheet total rises from 0.6% to 1.7%. Equity and debt are higher.
Key figures and ratios
ROE
3.0%▲
2023 · 2.7%
ROA
3.0%▲
2023 · 2.7%
Debt ≤ 1 year
€39k▲
2023 · €14k
Income taxes
€271▲
2023 · €121
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 · 2024 against 2023 · 42 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.16M€2.23M▲
Fixed assets21/28€1.88M€1.88M▼
Tangible fixed assets22/27€56k€53k▼
Furniture and vehicles24€3k€2k▼
Other tangible fixed assets26€53k€51k▼
Financial fixed assets28€1.83M€1.83M=
Current assets29/58€280k€349k▲
Amounts receivable within one year40/41€264k€314k▲
Trade receivables40€19k€48k▲
Other amounts receivable41€245k€266k▲
Cash at bank and in hand54/58€13k€31k▲
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€2.16M€2.23M▲
Equity10/15€2.15M€2.19M▲
Contributions10/11€1.83M€1.83M=
Reserves13€5k€5k=
Distributable reserves133€5k€5k=
Profit (loss) carried forward14€317k€359k▲
Amounts payable17/49€14k€39k▲
Amounts payable within one year42/48€14k€39k▲
Trade debts44€3k€5k▲
Suppliers440/4€3k€5k▲
Taxes, remuneration and social security45€10k€9k▼
Taxes450/3€10k€9k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€2k€25k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€7k▲
Other operating charges640/8€2k€968▼
Gross operating margin9900€2k€11k▲
Operating profit (loss)9901€-5k€3k▲
Financial income75/76B€64k€64k▲
Recurring financial income75€64k€64k▲
Financial charges65/66B€92€149▲
Recurring financial charges65€92€149▲
Profit (loss) for the period before taxes9903€58k€67k▲
Income taxes67/77€121€271▲
Profit (loss) for the period9904€58k€66k▲
Profit (loss) for the period to be appropriated9905€58k€66k▲
Appropriation of the result
Profit (loss) to be appropriated9906€317k€384k▲
Profit (loss) brought forward from the previous period14P€259k€317k▲
Profit to be distributed694/7-€25k
Return on contributions (dividend)694-€25k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €2k | €2k | €5k | €7k | ▲ 34.5% |
| Other operating charges640/8 | - | - | - | €2k | €968 | ▼ 47.8% |
| Gross operating margin9900 | €32k | €-20k | €-17k | €2k | €11k | ▲ 472% |
| Operating profit (loss)9901 | €31k | €-21k | €-19k | €-5k | €3k | ▲ 150% |
| Financial income75/76B | - | €52k | €128k | €64k | €64k | ▲ 0.8% |
| Recurring financial income75 | €806 | €52k | €128k | €64k | €64k | ▲ 0.8% |
| Financial charges65/66B | - | €52 | €84 | €92 | €149 | ▲ 62.4% |
| Recurring financial charges65 | €96 | €52 | €84 | €92 | €149 | ▲ 62.4% |
| Profit (loss) for the period before taxes9903 | €32k | €30k | €109k | €58k | €67k | ▲ 14.7% |
| Income taxes67/77 | €5k | €138 | €130 | €121 | €271 | ▲ 124% |
| Profit (loss) for the period9904 | €27k | €30k | €109k | €58k | €66k | ▲ 14.5% |
| Profit (loss) for the period to be appropriated9905 | €27k | €30k | €109k | €58k | €66k | ▲ 14.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.99M | €2.01M | €2.11M | €2.16M | €2.23M | ▲ 3.1% |
| Fixed assets21/28 | €1.83M | €1.83M | €1.85M | €1.88M | €1.88M | ▼ 0.1% |
| Tangible fixed assets22/27 | €3k | €2k | €23k | €56k | €53k | ▼ 5.0% |
| Furniture and vehicles24 | - | €2k | €576 | €3k | €2k | ▼ 42.6% |
| Other tangible fixed assets26 | - | - | €23k | €53k | €51k | ▼ 3.0% |
| Financial fixed assets28 | €1.83M | €1.83M | €1.83M | €1.83M | €1.83M | = |
| Current assets29/58 | €157k | €179k | €259k | €280k | €349k | ▲ 24.6% |
| Amounts receivable within one year40/41 | €54k | €112k | €238k | €264k | €314k | ▲ 19.1% |
| Trade receivables40 | - | €8k | €7k | €19k | €48k | ▲ 153% |
| Other amounts receivable41 | - | €105k | €231k | €245k | €266k | ▲ 8.7% |
| Cash at bank and in hand54/58 | €91k | €65k | €17k | €13k | €31k | ▲ 148% |
| Deferred charges and accrued income490/1 | - | €2k | €3k | €4k | €4k | ▲ 1.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.99M | €2.01M | €2.11M | €2.16M | €2.23M | ▲ 3.1% |
| Equity10/15 | €1.95M | €1.98M | €2.09M | €2.15M | €2.19M | ▲ 1.9% |
| Contributions10/11 | - | €1.83M | €1.83M | €1.83M | €1.83M | = |
| Reserves13 | €5k | €5k | €5k | €5k | €5k | = |
| Non-distributable reserves130/1 | - | €5k | €0 | - | - | - |
| Reserves not available under the articles1311 | - | €5k | €0 | - | - | - |
| Distributable reserves133 | - | - | €5k | €5k | €5k | = |
| Profit (loss) carried forward14 | €120k | €150k | €259k | €317k | €359k | ▲ 13.1% |
| Amounts payable17/49 | €36k | €27k | €19k | €14k | €39k | ▲ 176% |
| Amounts payable within one year42/48 | €36k | €27k | €19k | €14k | €39k | ▲ 176% |
| Trade debts44 | €15k | €7k | €136 | €3k | €5k | ▲ 92.0% |
| Suppliers440/4 | - | €7k | €136 | €3k | €5k | ▲ 92.0% |
| Taxes, remuneration and social security45 | - | €11k | €14k | €10k | €9k | ▼ 8.9% |
| Taxes450/3 | - | €11k | €8k | €10k | €9k | ▼ 8.9% |
| Remuneration and social security454/9 | - | €0 | €6k | €0 | - | - |
| Other amounts payable47/48 | - | €8k | €5k | €2k | €25k | ▲ 1,273% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27k | €30k | €109k | €58k | €66k | ▲ 14.5% |
| + Depreciation and write-downs630 | €1k | €2k | €2k | €5k | €7k | ▲ 34.5% |
| Operating cash flow (approximation) | €28k | €32k | €112k | €64k | €74k | ▲ 16.2% |
| Investment in fixed assets (approximation) | - | €-1k | €-24k | €-38k | €-5k | ▲ 87.8% |
| Change in cash | - | €-26k | €-48k | €-4k | €18k | ▲ 537% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 54 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €109k ▲264%
Net result €109k, the highest in the series.
31-12
Financial
Liquidity doublescurrent ratio 13.84
Current ratio from 6.73 to 13.84; short-term debt falls from €27k to €19k.
31-12
Financial
Equity above €2MEq €2.09M ▲5.5%
5 profitable years in a row build equity to €2.09M.
12-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 43 days late
2021
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 18 days late
2020
31-12
Financial
Weakest financial yearnet €27k ▼53%
Net result drops to €27k, the lowest in the series; recovery starts the following year.
08-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 8 days late
2019
10-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 41 days late
2018
06-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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
Registered office, Bekkevoort · 1 establishment unit since 2016
Ground area
9,286 m²
Building footprint
266 m²
Volume, LiDAR
1,195 m³
Parcel 24008A0201/00E003, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
2 makes 4
since 20162.263.872.409
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24008A0201/00E003 | Flanders | 9,286 m² | 1 · 266 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,727 companies in sector 64210 we hold annual accounts for 19,768. 10,654 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-12-2016
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70100Activities of head offices
70200Business and other management consultancy
73300Public relations and communication consultancy
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.