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CONTRACTMAKERS

Active
Private limited companyfounded 2019active for 7 yearsMarkstraat(SPK) 17D, 1541 Pajottegem, BelgiumKBO/BCE: BE 0736.699.954
Summary

CONTRACTMAKERS has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €246,879 and a net result of €47,539. Equity is growing by about 34% per year across the filed financial years. Its solvency ranks better than 27% of 15,705 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Other legal services
NACE 69109
1 site
Size
€834,537total assets 2025
Equity
€246,879
Profit
€47,539
Turnover not published (micro format)
Financial health
93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts filed 30 days late2 deeds in the Belgian Official Gazette
Why 93raises riskFounded in 2019lowers riskSector: Legal and accounting activities (NACE 69)Size: total assets €834,537Figures for financial year 2025 (filed 30-08-2026)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 41% of its sector peers (NACE 69, micro)
Financial strength · tick = 2024
Strong
Solvency 55-4
equity 29.6% of total assets
Liquidity 55+4
short-term debt 9.7% · cash 4.3%
Profitability 76-6
return on assets 5.7%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (20,056 companies, NACE 69, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.2%▲ +0.1 percentage points vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026highest value 09-2026: < 0.1%▼ -0.3 percentage points vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €22,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.76, compared with 1.27 in 2024, above the usual 1.5; short-term debt: 9.7% and cash: 4.3% of total assets), but 70.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 69, micro): better than 30% on solvency, 40% on liquidity, 27% on profitability and 68% on growth.

The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises risk
lowers risk · Sector: Legal and accounting activities (NACE 69)
KBO
lowers risk · Size: total assets €834,537
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 30-08-2026)
NBB · annual accounts
raises risk · Founded in 2019
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · 2025 accounts filed 30 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filings
Deviation from the deadline
2025
30 days late
2024
20 days early
2023
30 days late
2022
25 days late
2021
31 days early
2020
20 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 9 days after the deadline; the sector median (NACE 69) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 August (4 of the last 5 filed years within 45 days of that day).
Companies Code · seven months
Where today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Equity above €200,000equity €246,879 ▲23.8%
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

2025 annual accounts filed late (30 days) Filed on 30 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00478287.

Equity
€246,879▲ 23.8%
2024 · €199,340
Total assets
€834,537▲ 42.7%
2024 · €584,709
Net result
€47,539▼ 23.8%
2024 · €62,402
Working capital
€61,430▲ 270%
2024 · €16,584
Trend over the years

2021 to 2025, 5 financial years 2020 to 2025, 6 financial years

The operating result has fallen two years in a row; 2025 is 20% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€83,348 2025 Net result€47,539 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 69, Legal and accounting activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202020212022202320242025
Operating result€88,406-€30,527▼ 65.5%€88,072▲ 189%€112,611▲ 27.9%€103,901▼ 7.7%€83,348▼ 19.8%
Net result€58,716within the sector's middle half-€14,822within the sector's middle half▼ 74.8%€63,474within the sector's middle half▲ 328%€63,300within the sector's middle half▼ 0.3%€62,402within the sector's middle half▼ 1.4%€47,539within the sector's middle half▼ 23.8%
Equity€58,816within the sector's middle half-€73,638within the sector's middle half▲ 25.2%€137,113within the sector's middle half▲ 86.2%€136,938within the sector's middle half▼ 0.1%€199,340within the sector's middle half▲ 45.6%€246,879above the sector's middle half▲ 23.8%
Total assets€303,373within the sector's middle half-€433,867within the sector's middle half▲ 43.0%€515,428above the sector's middle half▲ 18.8%€541,281above the sector's middle half▲ 5.0%€584,709above the sector's middle half▲ 8.0%€834,537above the sector's middle half▲ 42.7%
Debt€244,557-€360,229▲ 47.3%€378,316▲ 5.0%€404,343▲ 6.9%€385,369▼ 4.7%€587,659▲ 52.5%
Working capital€6below the sector's middle half--€16,165below the sector's middle half€11,936within the sector's middle half-€22,213below the sector's middle half€16,584within the sector's middle half€61,430within the sector's middle half▲ 270%
Solvency19.4%below the sector's middle half-17.0%below the sector's middle half▼ 2.4pp26.6%below the sector's middle half▲ 9.6pp25.3%below the sector's middle half▼ 1.3pp34.1%within the sector's middle half▲ 8.8pp29.6%within the sector's middle half▼ 4.5pp
Current ratio1.00below the sector's middle half-0.63below the sector's middle half▼ 0.371.21below the sector's middle half▲ 0.580.65below the sector's middle half▼ 0.561.27within the sector's middle half▲ 0.621.76within the sector's middle half▲ 0.49
Return on assets (ROA)19.4%within the sector's middle half-3.4%below the sector's middle half▼ 15.9pp12.3%within the sector's middle half▲ 8.9pp11.7%within the sector's middle half▼ 0.6pp10.7%within the sector's middle half▼ 1.0pp5.7%below the sector's middle half▼ 5.0pp
above within below the middle half of NACE 69, Legal and accounting activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €834,537
Fixed assets €692,516 ▲ 36.4%
Current assets €142,021 ▲ 84.0%
Equity and liabilities €834,537
Equity €246,879 ▲ 23.8%
Debt €587,659 ▲ 52.5%
Debt's share of the balance-sheet total rises from 65.9% to 70.4%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€119,871▼
2024 · €138,685
Cash flow
€84,062▼
2024 · €97,186
Debt to equity
2.38▲
2024 · 1.93
ROE
19.3%▼
2024 · 31.3%
Interest coverage
9.82▼
2024 · 12.17
Debt ≤ 1 year
€80,591▲
2024 · €60,599
Debt > 1 year
€506,985▲
2024 · €323,940
Income taxes
€26,909▼
2024 · €31,783
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,684 companies that looked in July 2024 the way this one looks now, 1.3% went bankrupt within 24 months and 97.3% are still going.

  • Small
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.3% went bankrupt
1.2% stopped otherwise
97.3% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,684 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€584,709€834,537▲
Fixed assets21/28€507,526€692,516▲
Tangible fixed assets22/27€507,526€692,516▲
Land and buildings22€442,165€642,351▲
Plant, machinery and equipment23€10,561€9,625▼
Furniture and vehicles24€54,800€40,540▼
Current assets29/58€77,182€142,021▲
Amounts receivable within one year40/41€60,702€95,964▲
Trade receivables40€18,695€22,244▲
Other amounts receivable41€42,007€73,719▲
Cash at bank and in hand54/58€5,264€36,287▲
Deferred charges and accrued income490/1€11,217€9,771▼
Equity and liabilities
Total equity and liabilities10/49€584,709€834,537▲
Equity10/15€199,340€246,879▲
Contributions10/11€100€100=
Reserves13€199,240€246,779▲
Distributable reserves133€199,240€246,779▲
Amounts payable17/49€385,369€587,659▲
Amounts payable after more than one year17€323,940€506,985▲
Financial debts170/4€323,940€506,985▲
Amounts payable within one year42/48€60,599€80,591▲
Current portion of amounts payable after more than one year42€33,146€54,429▲
Financial debts43€5,937€5,833▼
Credit institutions430/8€5,937€5,833▼
Trade debts44€1,510€1,559▲
Suppliers440/4€1,510€1,559▲
Taxes, remuneration and social security45€20,006€18,770▼
Taxes450/3€20,006€18,770▼
Accrued charges and deferred income492/3€830€83▼
Income statement Code20242025
Non-recurring operating income76A€392-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34,784€36,523▲
Other operating charges640/8€4,922€3,089▼
Non-recurring operating charges66A-€8,867
Gross operating margin9900€143,608€131,827▼
Operating profit (loss)9901€103,901€83,348▼
Financial income75/76B€1,677€3,311▲
Recurring financial income75€1,677€3,311▲
Financial charges65/66B€11,393€12,211▲
Recurring financial charges65€11,393€12,211▲
Profit (loss) for the period before taxes9903€94,185€74,448▼
Income taxes67/77€31,783€26,909▼
Profit (loss) for the period9904€62,402€47,539▼
Profit (loss) for the period to be appropriated9905€62,402€47,539▼
Appropriation of the result
Profit (loss) to be appropriated9906€62,402€47,539▼
Transfer to equity691/2€62,402€47,539▼
To other reserves6921€62,402€47,539▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202020212022202320242025Change
Non-recurring operating income76A--€9,031€13,819€392--
Remuneration, social security and pensions62---€479---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,995€27,368€17,997€26,109€34,784€36,523▲ 5.0%
Other operating charges640/8-€2,253€1,844€3,868€4,922€3,089▼ 37.2%
Non-recurring operating charges66A-----€8,867-
Gross operating margin9900€110,425€60,148€107,913€143,067€143,608€131,827▼ 8.2%
Operating profit (loss)9901€88,406€30,527€88,072€112,611€103,901€83,348▼ 19.8%
Financial income75/76B--€772€454€1,677€3,311▲ 97.5%
Recurring financial income75--€772€454€1,677€3,311▲ 97.5%
Financial charges65/66B-€9,343€9,040€9,965€11,393€12,211▲ 7.2%
Recurring financial charges65€5,451€9,343€9,040€9,965€11,393€12,211▲ 7.2%
Profit (loss) for the period before taxes9903€82,955€21,185€79,804€103,100€94,185€74,448▼ 21.0%
Income taxes67/77€24,239€6,363€16,330€39,800€31,783€26,909▼ 15.3%
Profit (loss) for the period9904€58,716€14,822€63,474€63,300€62,402€47,539▼ 23.8%
Profit (loss) for the period to be appropriated9905€58,716€14,822€63,474€63,300€62,402€47,539▼ 23.8%
Line202020212022202320242025Change
Assets
Total assets20/58€303,373€433,867€515,428€541,281€584,709€834,537▲ 42.7%
Fixed assets21/28€225,386€405,991€447,679€500,095€507,526€692,516▲ 36.4%
Tangible fixed assets22/27€225,386€405,991€447,679€500,095€507,526€692,516▲ 36.4%
Land and buildings22-€374,401€399,117€454,963€442,165€642,351▲ 45.3%
Plant, machinery and equipment23-€7,229€8,043€9,955€10,561€9,625▼ 8.9%
Furniture and vehicles24-€24,361€40,519€35,177€54,800€40,540▼ 26.0%
Current assets29/58€77,987€27,876€67,749€41,186€77,182€142,021▲ 84.0%
Amounts receivable within one year40/41€24,064€16,123€47,572€21,859€60,702€95,964▲ 58.1%
Trade receivables40-€16,123€18,662€15,352€18,695€22,244▲ 19.0%
Other amounts receivable41--€28,910€6,507€42,007€73,719▲ 75.5%
Cash at bank and in hand54/58€52,876€11,231€15,053€6,022€5,264€36,287▲ 589%
Deferred charges and accrued income490/1-€523€5,124€13,306€11,217€9,771▼ 12.9%
Equity and liabilities
Total equity and liabilities10/49€303,373€433,867€515,428€541,281€584,709€834,537▲ 42.7%
Equity10/15€58,816€73,638€137,113€136,938€199,340€246,879▲ 23.8%
Contributions10/11-€100€100€100€100€100=
Reserves13€58,716€73,538€137,013€136,838€199,240€246,779▲ 23.9%
Distributable reserves133-€73,538€137,013€136,838€199,240€246,779▲ 23.9%
Amounts payable17/49€244,557€360,229€378,316€404,343€385,369€587,659▲ 52.5%
Amounts payable after more than one year17€166,576€315,508€322,502€339,464€323,940€506,985▲ 56.5%
Financial debts170/4-€315,508€322,502€339,464€323,940€506,985▲ 56.5%
Amounts payable within one year42/48€77,980€44,042€55,813€63,399€60,599€80,591▲ 33.0%
Current portion of amounts payable after more than one year42-€18,791€25,075€27,252€33,146€54,429▲ 64.2%
Financial debts43----€5,937€5,833▼ 1.7%
Credit institutions430/8----€5,937€5,833▼ 1.7%
Trade debts44€5,215€1,249€3,687€1,940€1,510€1,559▲ 3.2%
Suppliers440/4-€1,249€3,687€1,940€1,510€1,559▲ 3.2%
Taxes, remuneration and social security45-€13,626€27,051€34,207€20,006€18,770▼ 6.2%
Taxes450/3-€13,626€27,051€34,207€20,006€18,770▼ 6.2%
Other amounts payable47/48-€10,375-----
Accrued charges and deferred income492/3-€679-€1,480€830€83▼ 90.0%
Line202020212022202320242025Change
Profit (loss) for the period9904€58,716€14,822€63,474€63,300€62,402€47,539▼ 23.8%
+ Depreciation and write-downs630€18,995€27,368€17,997€26,109€34,784€36,523▲ 5.0%
Operating cash flow (approximation)€77,711€42,190€81,471€89,409€97,186€84,062▼ 13.5%
Investment in fixed assets (approximation)--€207,973-€59,685-€78,525-€42,215-€221,513▼ 425%
Change in cash--€41,645€3,822-€9,031-€757€31,023-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference
31-12-2025 micro format 30-08-2026 2026-00478287
31-12-2024 micro format 11-07-2025 2025-00277215
31-12-2023 micro format 30-08-2024 2024-00418161
31-12-2022 micro format 25-08-2023 2023-00357567
31-12-2021 micro format 30-06-2022 2022-20152037
31-12-2020 micro format 20-08-2021 2021-51300253

Similar companies · same sector, comparable size

Of the 2,755 active companies whose main activity is other legal services (NACE 69109), figures are known for 1,260. 911 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2024 to 2025 · 2 entries · €366 awarded · €366 paid
Year Entries AwardedPaid
2025 1 €211€211
2024 1 €155€155
Schemes
2 entries · €366 · €366 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 2 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 23 October 2019, CONTRACTMAKERS was incorporated as a private limited company.1 Total assets went from €303,373 in 2020 to €834,537 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2020 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
30-08
NBB filing Annual accounts filed
financial year 2025 · micro format · 30 days late
2025
31-12
Financial Equity above €200,000equity €246,879 ▲23.8%
A profit in every financial year since 2020 builds equity to €246,879.
11-07
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
31-12
Financial Equity above €150,000equity €199,340 ▲45.6%
A profit in every financial year since 2020 builds equity to €199,340.
30-08
NBB filing Annual accounts filed
financial year 2023 · micro format · 30 days late
2023
25-08
NBB filing Annual accounts filed
financial year 2022 · micro format · 25 days late
2022
31-12
Financial Highest result from 2020 to 2025net €63,474 ▲328%
Net result €63,474, the highest in the series.
31-12
Financial Equity above €100,000equity €137,113 ▲86.2%
A profit in every financial year since 2020 builds equity to €137,113.
30-06
NBB filing Annual accounts filed
financial year 2021 · micro format
2021
31-12
Financial Weakest financial yearnet €14,822 ▼74.8%
Net result drops to €14,822, the lowest in the series; recovery starts the following year.
20-08
NBB filing Annual accounts filed
financial year 2020 · micro format · 20 days late
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 2 deeds read
About the unread acts

We know of 2 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded23-10-2019
Financial year end31-12
Activities, NACEBEL 2025
69109Other legal services
86931Psychology services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0736699954
Also 9925:BE0736699954
Registered 17-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 25 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Pajottegem · 1 establishment unit since 2019
registered office establishment The establishment unit on the map
Ground area
1,480 m²
Building footprint
362 m²
Building volume
1,373 m³
2 parcels, Flanders · tallest building 7.9 m. Linked by address, not a title deed.
1 establishment unit
Contractmakers
Vandenpeereboomstraat 2, 1500 HalleOther legal services
since 2019unit no. 2.295.418.490
2 parcels
Flanders 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
23076D0014/00K000 Flanders 1,167 m² 1 · 116 m² 6.9 m · 2
23413H0094/00W000 Flanders 312 m² 1 · 246 m² 7.9 m · 1
How the parcels are linked
Good to know
Both parcels match the address exactly.