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Design By Mai

Active
Private limited companyfounded 2014active for 12 yearsNew-Yorkstraat 21, 9000 Gent, BelgiumKBO/BCE: BE 0559.969.122
Summary

Design By Mai has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €119,586 and a net result of €5,509. Equity has been growing by about 28% per year since 2019. Its solvency ranks better than 43% of 22,773 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 20-08-2014 Normal situation
Activity
Retail sale of lighting equipment NACE 47552and 5 others
Establishment unit
2.235.742.112 9000 Gent, since 01-10-2014
Financial year end
30 September
Peppol
Reachable since 10-09-2025

Board and ownership

Board

Financial position

83 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts to 30-09-2025
Gross margin
€69,361
▲ 4.6%
Turnover
≈ €330,000
estimated
Profit
€5,509
▼ 86.6%
Equity
€119,586
▲ 4.8%
Total assets
€468,658
▲ 233%
Score breakdownraises risk1 change of registered office in 24 monthslowers riskFigures for financial year 2025 (filed on 16-03-2026)Size: total assets €468,658Liquidity: current ratio 0.52, cash €75,536Show the evidence

Checked score

Score 2025
83 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 51% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Average
Solvency 51-49
equity 25.5% of total assets
Liquidity 54-41
short-term debt 35.3% · cash 16.1%
Profitability 70-30
return on assets 1.2%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025lowest value 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: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged 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: 0.4%▲ +0.3 percentage points vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026highest value 07-2026: 0.4%● unchanged vs 06-2026highest value 08-2026: 0.4%● unchanged vs 07-2026highest value 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.52 (5.25 in 2024), below 1. Short-term debt is 35.3% and cash 16.1% of total assets. 74.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 47, micro). It does better than 41% of them on solvency, 60% on liquidity, 52% on profitability and 52% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Figures for financial year 2025 (filed on 16-03-2026)
NBB · annual accounts
lowers risk · Size: total assets €468,658
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.52, cash €75,536
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 16-03-2026, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
45 days early
2024
43 days early
2023
43 days early
2022
23 days early
2021
9 days early
2020
17 days early
2019
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 26 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 19 March (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end03-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €5,509 7 years View
  • Larger balance sheet than 84% of companies in retail tradesector median €149,985 · 22,782 companies €468,658 View

Recent changes

  1. · Gazette deed Registered office moved within Gent
  2. · Gazette deed Change of role: WAELKENS Mai, from manager to director
  3. · Gazette deed Incorporation
All 19 events

Comparable companies

These companies have the same main activity as Design By Mai: retail sale of lighting equipment (NACE 47552). They are comparable in size and age: total assets between €251,000 and €588,000, founded between 2011 and 2014.

CompanyTotal assetsGross margin
Design By Mai Gent€468,658€69,361
GN LIGHT Lier€416,097€82,457
LAMPENHUIS Sint-Niklaas€280,062€44,197
VANCAWIN Roeselare€587,964€152,321
BIGALUX Dentergem€250,814€59,041
VL-Lighting Wuustwezel€473,923€122,780
EURO-DECOR Begijnendijk€513,798€140,219
Full comparison

Key facts about Design By Mai

What is the company number of Design By Mai?
The company number of Design By Mai is 0559.969.122. The VAT number is the same number with BE in front: BE 0559.969.122.
Where is Design By Mai based?
The registered office is at New-Yorkstraat 21, 9000 Gent.Company details
What does Design By Mai do?
According to the KBO register, the main activity is retail sale of lighting equipment (NACE 47552).
What is the legal form of Design By Mai?
The legal form of Design By Mai is Private limited company (BV).
When was Design By Mai founded?
Design By Mai was founded on 20-08-2014.
Is Design By Mai still active?
Yes, Design By Mai is an active enterprise in the KBO register.
What is the turnover of Design By Mai?
The turnover in financial year 2025 is ≈ €330,000. This figure is estimated from the gross margin of €69,361 and 35 comparable companies (NACE 475). It probably lies between €190,000 and €570,000.Financials
Is Design By Mai profitable?
In financial year 2025, Design By Mai made a profit of €5,509.
Where can I find the annual accounts of Design By Mai?
Design By Mai filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Design By Mai due?
Design By Mai must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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