BE MAO
ActiveSummary
BE MAO has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €77k and a net result of €14k. Its solvency ranks better than 85% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▲+72
Solvency100=
Growth78
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 4.43 against 3.65 in 2024; short-term debt: 20.3% and cash: 42.4% of total assets), and 20.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
79.7%
Return on assets
14.9%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 2 filingsDeviation from the deadline
2025
31 d late
2024
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€77k▲ 21.0%
2024 · €63k
2024: €63k
2024 → 2025
Total assets
€96k▲ 16.6%
2024 · €83k
2024: €83k
2024 → 2025
Net result
€14k
2024 · €-2k
2024: €-2k
2024 → 2025
Working capital
€67k▲ 32.0%
2024 · €51k
2024: €51k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€63k-€77k▲ 21.0%
Operating result€-3k-€19k
Net result€-2k-€14k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €19k after a loss of €3k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €96k
Fixed assets
€10k ▼ 23.2%
Current assets
€87k ▲ 23.7%
Equity and liabilities €96k
Equity
€77k ▲ 21.0%
Debt
€20k ▲ 1.8%
Debt's share of the balance-sheet total falls from 23.3% to 20.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€22k▲
2024 · €-3k
Cash flow
€17k▲
2024 · €-2k
Current ratio
4.43▲
2024 · 3.65
Debt to equity
0.26▼
2024 · 0.30
ROE
18.7%▲
2024 · -3.5%
ROA
14.9%▲
2024 · -2.7%
Interest coverage
69.29▲
2024 · -3.53
Debt ≤ 1 year
€20k▲
2024 · €19k
Income taxes
€6k▲
2024 · €129
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 · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€83k€96k▲
Fixed assets21/28€13k€10k▼
Intangible fixed assets21€8k€6k▼
Tangible fixed assets22/27€5k€3k▼
Plant, machinery and equipment23€5k€3k▼
Current assets29/58€70k€87k▲
Stocks and contracts in progress3€3k-
Stocks30/36€3k-
Amounts receivable within one year40/41€55k€43k▼
Trade receivables40€21k€16k▼
Other amounts receivable41€34k€27k▼
Cash at bank and in hand54/58€10k€41k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€83k€96k▲
Equity10/15€63k€77k▲
Contributions10/11€1k€1k=
Reserves13€37k€50k▲
Non-distributable reserves130/1€100€100=
Reserves not available under the articles1311€100€100=
Distributable reserves133€37k€50k▲
Profit (loss) carried forward14€26k€26k=
Amounts payable17/49€19k€20k▲
Amounts payable within one year42/48€19k€20k▲
Trade debts44€11k€7k▼
Suppliers440/4€11k€7k▼
Taxes, remuneration and social security45€8k€13k▲
Taxes450/3€8k€13k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€562€3k▲
Other operating charges640/8€839€758▼
Gross operating margin9900€-2k€23k▲
Operating profit (loss)9901€-3k€19k▲
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€742€319▼
Recurring financial charges65€742€319▼
Profit (loss) for the period before taxes9903€-2k€20k▲
Income taxes67/77€129€6k▲
Profit (loss) for the period9904€-2k€14k▲
Profit (loss) for the period to be appropriated9905€-2k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€26k€40k▲
Profit (loss) brought forward from the previous period14P€28k€26k▼
Transfer to equity691/2-€13k
To other reserves6921-€13k
Profit to be distributed694/7-€1k
Directors or managers695-€1k
The notes to these accounts (7 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Bornem · 1 establishment unit since 2013
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.
Barelstraat(BOR) 392880 BornemGround area
217 m²
Building footprint
146 m²
Volume, LiDAR
498 m³
Parcel 12007D0029/00L000, Flanders · tallest building 6.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BE MAO
since 20132.219.522.524
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12007D0029/00L000 | Flanders | 217 m² | 1 · 146 m² | 6.5 m · 1 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
GORS ENGINEERING
BE 0897.465.774
Izegem · Eq €76,809
CORE WOOD PROJECTS
BE 0779.479.033
Izegem · Eq €76,836
MERLIJN
BE 0668.498.660
Frasnes-lez-Anvaing · Eq €76,849
LIMA
BE 0811.317.797
Waasmunster · Eq €76,795
KOEN VANDEBERGH
BE 0865.590.782
Heusden-Zolder · Eq €76,856
Of 20,024 companies in sector 43320 we hold annual accounts for 9,135. 7,660 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-02-2013
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.