B-MAD
ActiveB-MAD has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €170k and a net result of €61k. Equity is growing by ~50% per year across the filed fiscal years. Its solvency ranks better than 55% of 31545 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
71
/ 100
Healthy▼ -10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency66▼-7
Growth78▲+26
Stability94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity short (current ratio 0.16 against 1.17 in 2024), and 38.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
61.8%
Return on assets
22.2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
4 d early
2024
10 d early
2023
6 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€170k▲ 56.2%
2024 · €109k
2023: €61k
2024: €109k
2023 → 2025
Total assets
€275k▲ 17.8%
2024 · €233k
2023: €130k
2024: €233k
2023 → 2025
Net result
€61k▲ 27.9%
2024 · €48k
2023: €56k
2024: €48k
2023 → 2025
Working capital
€-88k
2024 · €21k
2023: €-27k
2024: €21k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€61k-€109k▲ 78.3%€170k▲ 56.2%
Operating result€58k-€44k▼ 24.1%€50k▲ 14.4%
Net result€56k-€48k▼ 14.7%€61k▲ 27.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 14% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €275k
Fixed assets
€258k▲ 195%
Current assets
€17k▼ 88.4%
Equity and liabilities €275k
Equity
€170k▲ 56.2%
Debt
€105k▼ 15.8%
The debt ratio falls from 53.4% to 38.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€51k▲
2024 · €45k
Cash flow
€62k▲
2024 · €48k
Solvency
61.8%▲
2024 · 46.6%
Current ratio
0.16▼
2024 · 1.17
Quick ratio
0.16▼
2024 · 1.17
Debt / equity
0.62▼
2024 · 1.14
ROE
36.0%▼
2024 · 43.9%
ROA
22.2%▲
2024 · 20.5%
Interest coverage
327.71▼
2024 · 461.73
Debt
€105k▼
2024 · €125k
Debt ≤ 1 year
€105k▼
2024 · €124k
Income taxes
€13k▲
2024 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€233k€275k▲
Formation expenses20€554€277▼
Fixed assets21/28€87k€258k▲
Tangible fixed assets22/27€836€622▼
Furniture and vehicles24€836€622▼
Financial fixed assets28€86k€257k▲
Current assets29/58€146k€17k▼
Amounts receivable within one year40/41€143k€10k▼
Trade receivables40€38k€10k▼
Other amounts receivable41€105k-
Cash at bank and in hand54/58€3k€6k▲
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€233k€275k▲
Equity10/15€109k€170k▲
Contributions10/11€5k€5k=
Reserves13€56k€56k=
Distributable reserves133€56k€56k=
Profit (loss) carried forward14€48k€109k▲
Amounts payable17/49€125k€105k▼
Amounts payable within one year42/48€124k€105k▼
Trade debts44€1k€19▼
Suppliers440/4€1k€19▼
Taxes, remuneration and social security45€31k€13k▼
Taxes450/3€31k€13k▼
Other amounts payable47/48€92k€92k▼
Accrued charges and deferred income492/3€79-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€492€492=
Other operating charges640/8€77€400▲
Gross operating margin9900€45k€51k▲
Operating profit (loss)9901€44k€50k▲
Financial income75/76B€15k€24k▲
Recurring financial income75€15k€24k▲
Financial charges65/66B€97€155▲
Recurring financial charges65€97€155▲
Profit (loss) for the period before taxes9903€59k€74k▲
Income taxes67/77€11k€13k▲
Profit (loss) for the period9904€48k€61k▲
Profit (loss) for the period to be appropriated9905€48k€61k▲
Appropriation of the result
Profit (loss) to be appropriated9906€48k€109k▲
Profit (loss) brought forward from the previous period14P-€48k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2023net €61k ▲27.9%
Net result €61k, the highest in the series.
31-12
Financial
Equity above €150kEq €170k ▲56.2%
3 profitable years in a row build equity to €170k.
21-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €48k ▼14.7%
Net result drops to €48k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €109k ▲78.3%
2 profitable years in a row build equity to €109k.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Messancy · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Grande 536780 MessancyGround area
190 m²
Building footprint
71 m²
Volume, LiDAR
648 m³
Parcel 81015A0819/00D000, Wallonia · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
B-MAD
since 20222.338.886.665
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 81015A0819/00D000 | Wallonia | 190 m² | 1 · 71 m² | 10.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Minerva
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JUXTA
BE 0737.989.361
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L&J ADVIES
BE 0448.343.797
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Emmanuel Saporito
BE 0802.811.887
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ASSURANCES DEWEZ MANAGEMENT
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Of 82,518 companies in sector 70200 we hold annual accounts for 52,573. 40,671 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-12-2022
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.