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M.Design

Active
Private limited companyfounded 20232 yrs activeNijverheidsstraat 70, 2160 Wommelgem, BelgiumKBO/BCE: BE 0805.691.007

M.Design has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €116k and a net result of €95k. Its solvency ranks better than 54% of 20795 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2024
100 / 100
Excellent▲ +7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78
Stability82
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days only on tighter terms
Liquidity ample (current ratio 2.52 against 3.15 in 2023), and 33.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 2 years 0 10 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-07-2025, 4 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
4 d early
2023
7 d early
← before the deadline after the deadline →
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

Financials · fiscal year 2024, micro schema

Equity
€116k▲ 456%
2023 · €21k
2023: €21k
2023 → 2024
Total assets
€175k▲ 485%
2023 · €30k
2023: €30k
2023 → 2024
Net result
€95k▲ 432%
2023 · €18k
2023: €18k
2023 → 2024
Working capital
€90k▲ 360%
2023 · €20k
2023: €20k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20232024Trend
Equity€21k-€116k▲ 456%
Operating result€23k-€122k▲ 441%
Net result€18k-€95k▲ 432%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2023: €23k€23kNet result 2023: €18k€18kOperating result 2024: €122k€122kNet result 2024: €95k€95k20232024
The operating result rises in 2024; 2024 is 441% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €175k
Fixed assets €26k▲ 1,898%
Current assets €149k▲ 421%
Equity and liabilities €175k
Equity €116k▲ 456%
Debt €59k▲ 551%
The debt ratio rises from 30.4% to 33.9%: debt grows faster than equity.
Key figures and ratios
2024 value · change against 2023
EBITDA
€125k
2023 · €23k
Cash flow
€99k
2023 · €18k
Solvency
66.1%
2023 · 69.6%
Current ratio
2.52
2023 · 3.15
Quick ratio
2.52
2023 · 3.15
Debt / equity
0.51
2023 · 0.44
ROE
82.0%
2023 · 85.6%
ROA
54.2%
2023 · 59.6%
Interest coverage
2115.77
2023 · 2580.71
Debt
€59k
2023 · €9k
Debt ≤ 1 year
€59k
2023 · €9k
Income taxes
€27k
2023 · €5k
Staff costs
€32k
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 against 2023
Balance sheet Code20232024
Total assets 20/58€30k€175k
Fixed assets 21/28€1k€26k
Tangible fixed assets 22/27€1k€26k
Financial fixed assets 28€170€170=
Current assets 29/58€29k€149k
Amounts receivable within one year 40/41€10k€98k
Cash & bank 54/58€19k€50k
Total equity & liabilities 10/49€30k€175k
Equity 10/15€21k€116k
Contributions / capital 10/11€3k€3k=
Reserves 13€18k€113k
Amounts payable 17/49€9k€59k
Amounts payable within one year 42/48€9k€59k
Trade debts payable within one year 44€143€5k
Income statement Code20232024
Gross operating margin 9900€23k€159k
Operating result 9901€23k€122k
Financial income 75-€3
Financial charges 65€9€59
Result before taxes 9903€23k€122k
Income taxes 67/77€5k€27k
Net result for the period 9904€18k€95k
Result to be appropriated 9905€18k€95k

Timeline · acts, filings and financial milestones

2025
27-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Equity above €100kEq €116k ▲456%
2 profitable years in a row build equity to €116k.
24-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Comparable companies · same sector, comparable size

Similar companies · same sector, comparable size

Of 29,862 companies in sector 62200 we hold annual accounts for 18,148. 15,349 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded11-09-2023
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
70220Business consulting
62010Computer programming, consultancy and related activities
62030Computer programming, consultancy and related activities
62900Other information technology and computer services
62100Computer programming
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 20-07-2026. Scores and ratios are computed by Checked and are not a credit decision.