De Makers

Active

Private limited companyfounded 200917 yrs activeMolenstraat 65, 9150 Beveren-Kruibeke-Zwijndrecht, BelgiumKBO/BCE: BE 0809.903.874

De Makers has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €18k and a net result of €21k. Its solvency ranks better than 23% of 209 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).

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Checked score

Score 2024

43 / 100

Weak▲ +35 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100▲+100

Solvency17▼-25

Growth52

Stability100

Bankruptcy probability, 12 months

0.5% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days only on tighter terms

Liquidity short (current ratio 0.98 against 0.87 in 2023), and 89.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

6 signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 18

Relative position

BE, all sectors

reference

Sector 18

lower

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

10.1%

Return on assets

12.3%

Age of the figures

20 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 209 sector peers (2024).

NBB · sector comparison

Position among 209 sector peers

Solvency

better than 23%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 10 filings

Deviation from the deadline

2025

not confirmed

2024

29 d late

2023

on the day

2022

3 d late

2021

100 d late

2020

9 d late

2019

55 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€18k

2023 · €-4k

2023: €-4k

2023 → 2024

Total assets

€175k▲ 26.2%

2023 · €138k

2023: €138k

2023 → 2024

Net result

€21k▼ 7.4%

2023 · €23k

2023: €23k

2023 → 2024

Working capital

€-3k▲ 86.2%

2023 · €-18k

2023: €-18k

2023 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Equity€-4k-€18k

Operating result€24k-€24k▲ 1.5%

Net result€23k-€21k▼ 7.4%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result rises in 2024; 2024 is 2% above 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €175k

12%

88.5%

Fixed assets €20k▲ 40.7%

Current assets €155k▲ 24.5%

Equity and liabilities €175k

10%

89.9%

Equity €18k

Debt €157k

Debt finances 89.9% of the balance-sheet total.

Key figures and ratios

2024 value · change against 2023

EBITDA

€28k▲

2023 · €26k

Cash flow

€26k▲

2023 · €25k

Solvency

10.1%▲

2023 · -2.8%

Current ratio

0.98▲

2023 · 0.87

Quick ratio

0.31▲

2023 · 0.24

Debt / equity

8.89▲

2023 · -37.35

ROE

121.6%▲

2023 · -608.4%

ROA

12.3%▼

2023 · 16.7%

Interest coverage

39.32▼

2023 · 54.74

Debt

€157k▲

2023 · €142k

Debt ≤ 1 year

€157k▲

2023 · €142k

Income taxes

€2k

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 · 2024

Balance sheet Code2024

Total assets 20/58€175k

Fixed assets 21/28€20k

Intangible fixed assets 21€339

Tangible fixed assets 22/27€20k

Current assets 29/58€155k

Stocks & contracts in progress 3€105k

Amounts receivable within one year 40/41€17k

Cash & bank 54/58€32k

Total equity & liabilities 10/49€175k

Equity 10/15€18k

Contributions / capital 10/11€12k

Reserves 13€5k

Accumulated profits (losses) 14€0

Amounts payable 17/49€157k

Amounts payable within one year 42/48€157k

Trade debts payable within one year 44€9k

Income statement Code2024

Gross operating margin 9900€29k

Operating result 9901€24k

Financial income 75€54

Financial charges 65€715

Result before taxes 9903€23k

Income taxes 67/77€2k

Net result for the period 9904€21k

Result to be appropriated 9905€21k

This is the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →