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M.A.D.

Active
Private limited companyfounded 200224 yrs activeKerrebroek 130, 9850 Deinze, BelgiumKBO/BCE: BE 0478.341.246
Summary

For M.A.D., at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €246,669 and a net result of €3,637. Equity is growing by ~27.8% per year across the filed fiscal years. Its solvency ranks better than 63% of 18394 sector peers (fiscal year 2023). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

What they do
Renting and operating of own or leased residential real estate, excluding social housing
NACE 68201
1 site
How big
€525,369total assets 2023
Equity
€246,669
Profit
€3,637
Turnover not published (abridged schema)
Financially healthy?
Bankruptcy chance 12 m
0.4%
2023 figures too old to score
Who decides
Accounts 520 d overdue0 of 2 deeds read
Signals- Annual accounts: weaker financial profile- Two or more financial years not filed+ Lower-failure-rate sector+ Long track recordFiled after the deadlineShow the evidence

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability70▲+67
Solvency72▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · 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 2023
Solvency, return and age of the figures
Solvency
47%
Return on assets
0.7%
Age of the figures
36 mo
lowers risk · 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
highest failure risk from 2 to 8 years 24 years 0 30 y
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
30-09-2024 close30-04-2025 deadline02-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 23-05-2024, 23 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 filed
2024
not filed
2023
23 d late
2022
31 d late
2021
30 d early
2020
2 d early
2019
66 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 9 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · 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
  1. Annual accounts filedfiscal year 2023 · micro…
  2. Back to profitnet €3,637
  3. Annual accounts filedfiscal year 2022 · micro…

Key points

  • Risk: Accounts not fileddeadline was 30-04-2025 520 d late View
  • Positive: Back in profit in 2023after -€68,717 in 2022 €3,637 View
  • Active since 2002founded 16-09-2002 24 years View

By topic

Financials

Fiscal year
2023
Total assets
€525,369
Profit
€3,637
Solvency
47.0%
Total assets▼ 2.8%
Net result
20192023
Go to Financials

Timeline

Events
14
Since
2015
  1. 23-05-2024Annual accounts filed
  2. 30-09-2023Back to profit
  3. 31-05-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Renting and operating of own or leased residential…NACE 68201
Founded
16-09-2002
Year ends
30-09
Peppol
Not found in the Peppol directory
Go to Company details

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