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Complete company report
Generated 08-08-2026
Active BE 0795.274.888Private limited company

DE-MA

Brugse Steenweg 197 ·9990 Maldegem, Belgium· 3 yrs active
Sector: NACE 25530 (25530)
Conclusion Checked

The computed 12-month bankruptcy probability of DE-MA is 1.8% (moderate). The 2025 annual accounts show equity of €126k and a net result of €334k. Its solvency ranks better than 16% of 47 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €126k
Net result €334k
Staff (FTE) 0.7
Better than sector 16%
Snowflake analysis 5 axes · computed by Checked
Health76Profitability100Solvency25Growth78Stability94
75 / 100

Exceptional profile, strong across almost every axis.

Health 76
Profitability 100
Solvency 25
Growth 78
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
1.8% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2025 · computed
76 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 30-01-2026 with the NBB · fiscal year 2025 · verkort
€-100k€0€100k€200k€300k€400kOperating result 2024: €3k€3kNet result 2024: €-10k€-10kOperating result 2025: €389k€389kNet result 2025: €334k€334k20242025
Operating resultNet result
Sector comparison
Fiscal year 2025 · NACE 25 · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 13.0% 36.7%
better than 16% of 47 sector peers
Net result €334k €51k
better than 94% of 47 sector peers
Equity €126k €279k
better than 29% of 47 sector peers
Gross operating margin €532k €380k
better than 57% of 47 sector peers
Staff costs €42k €345k
higher than 15% of 32 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€480k
+1280.2% far above sector median
Net profit
€334k
- far above sector median
Cash flow
€425k
+1864.6% far above sector median
Total assets
€968k
-5.4% +71% vs sector
Equity
€126k
- -70% vs sector
Working capital
€121k
- +30% vs sector
Employees (FTE)
1
+600.0% -88% vs sector
Staff costs
€42k
+607.3% -85% vs sector
Income taxes
€43k
- far above sector median
Debt
€842k
-18.3% far above sector median
Debt ≤ 1y
€515k
-43.3% +272% vs sector
Debt > 1y
€327k
+165.1% far above sector median
Current ratio
1.23
+72.4% -39% vs sector
Quick ratio
1.23
+72.4% -29% vs sector
Solvency
13.0%
- -74% vs sector
Debt / equity
6.70
- far above sector median
ROE
265.8%
+114.4% far above sector median
ROA
34.5%
- far above sector median
Interest coverage
39.72
+1423.1% +299% vs sector
Figures by fiscal year
Fiscal year2025
Revenue-
EBITDA€480k
Net profit€334k
Cash flow€425k
Staff costs€42k
Income taxes€43k
Dividends-
Total assets€968k
Equity€126k
Debt€842k
of which ≤ 1y€515k
of which > 1y€327k
Working capital€121k
Employees (FTE)0.7
Ratios (computed)
2025
Current ratio1.23
Quick ratio1.23
Working capital ratio12.5%
Solvency13.0%
Debt / equity6.70
Long-term debt ratio2.61
Interest coverage39.72
Gross margin-
Net margin-
ROA34.5%
ROE265.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€968k
Fixed assets 21/28€332k
Tangible fixed assets 22/27€331k
Financial fixed assets 28€2k
Current assets 29/58€636k
Amounts receivable within one year 40/41€325k
Cash & bank 54/58€306k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€968k
Equity 10/15€126k
Contributions / capital 10/11€2k
Accumulated profits (losses) 14€124k
Amounts payable 17/49€842k
Amounts payable after one year 17€327k
Amounts payable within one year 42/48€515k
Trade debts payable within one year 44€215k
Income statement
Gross operating margin 9900€532k
Operating result 9901€389k
Financial income 75€190
Financial charges 65€12k
Result before taxes 9903€377k
Income taxes 67/77€43k
Net result for the period 9904€334k
Result to be appropriated 9905€334k
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Ratios computed by Checked.
Legal Structure
NACE primary 25530
Legal form Private limited company(610)
Incorporation22-12-2022
StatusActive
Postal code9990
Establishment units 1 location
DE-MA
Brugse Steenweg 197, 9990 MaldegemVervaardiging van hangsloten, grendelsloten en andere sloten, sleutels en ander hang- en sluitwerk voor gebouwen, meubels, voertuigen, enz
since 20232.340.154.890
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
43503H1453/00K004 Flanders 722 m² 1 · 137 m² 9.7 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 3 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
30-01-2026
NBB filing Annual accounts filed
fiscal year 2025 · verkort
2025
31-01-2025
NBB filing Annual accounts filed
fiscal year 2024 · verkort
2023
12-06-2023
State Gazette act Registered-office change
Belgisch Staatsblad, acts 1 acts
Address history · 1
12-06-2023
Registered-office move
All acts · 1 updated 3 years ago
2023
12-06-2023 Registered office moved from Brugge to Maldegem Registered-office change
  • Watergang 23, 8380 Brugge → Brugse Steenweg 197, 9990 Maldegem
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer_cross_border_in",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Brugse Steenweg 197, 9990 Maldegem",
        "city": "Maldegem",
        "region": "vlaams_gewest",
        "street": "Brugse Steenweg",
        "country": "BE",
        "postcode": "9990",
        "box_number": null,
        "street_number": "197",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Watergang 23, 8380 Brugge",
        "city": "Brugge",
        "region": "vlaams_gewest",
        "street": "Watergang",
        "country": "BE",
        "postcode": "8380",
        "box_number": null,
        "street_number": "23",
        "locality_suffix": null
      },
      "effective_date": "2023-05-01",
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": true,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "absolute",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2023-06-12",
    "filing_date": "2023-06-01",
    "act_kind_objet": "Zetel (zetelverplaatsing)"
  },
  "decision": {
    "body": "bijzondere_algemene_vergadering",
    "date": "2023-04-27",
    "unanimous": null
  },
  "subject_company": {
    "kbo": "0795.274.888",
    "name_full": "DE-MA",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Mattheeuws Kurt",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bestuurder"
  },
  "co_filed_documents": []
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Verspanend bewerken van metalen25530Verspanend bewerken van metalen25620
Primary activity highlighted.
Names & trade names
Legal nameNL DE-MA
Registered office
Brugse Steenweg 197
9990 Maldegem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative