MA+ ARCHITECTES
ActiveMA+ ARCHITECTES has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22k and a net result of €48k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 22% of 9450 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency46▲+7
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.19 against 1.02 in 2024; short-term debt: 61% and cash: 47% of total assets), and 79.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
20.9%
Return on assets
46.1%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 9450 sector peers (2025).
NBB · sector comparisonPosition among 9450 sector peers
Solvency
better than 22%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €22k
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 31-03-2026, 30 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
30 d early
2024
35 d early
2023
48 d early
2022
3 d early
2021
30 d early
2020
on the day
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€22k▲ 46.3%
2024 · €15k
2018: €25k
2019: €50k
2020: €78k
2021: €25k
2022: €22k
2023: €10k
2024: €15k
2018 → 2025
Total assets
€104k▼ 3.9%
2024 · €108k
2018: €50k
2019: €75k
2020: €94k
2021: €139k
2022: €90k
2023: €48k
2024: €108k
2018 → 2025
Net result
€48k▼ 4.9%
2024 · €50k
2018: €22k
2019: €30k
2020: €33k
2021: €47k
2022: €40k
2023: €40k
2024: €50k
2018 → 2025
Working capital
€12k▲ 1,044%
2024 · €1k
2018: €24k
2019: €50k
2020: €78k
2021: €24k
2022: €8k
2023: €825
2024: €1k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€25k-€22k▼ 10.2%€10k▼ 56.8%€15k▲ 55.9%€22k▲ 46.3%
Operating result€59k-€51k▼ 13.5%€51k▼ 0.1%€65k▲ 27.3%€63k▼ 3.8%
Net result€47k-€40k▼ 14.2%€40k▼ 0.1%€50k▲ 25.6%€48k▼ 4.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €104k
Fixed assets
€29k▼ 28.8%
Current assets
€75k▲ 10.7%
Equity and liabilities €104k
Equity
€22k▲ 46.3%
Debt
€82k▼ 11.9%
The debt ratio falls from 86.3% to 79.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€75k▼
2024 · €77k
Cash flow
€60k▼
2024 · €62k
Solvency
20.9%▲
2024 · 13.7%
Current ratio
1.19▲
2024 · 1.02
Quick ratio
1.19▲
2024 · 1.02
Debt / equity
3.79▼
2024 · 6.29
ROE
220.5%▼
2024 · 339.1%
ROA
46.1%▼
2024 · 46.5%
Interest coverage
49.74▲
2024 · 46.76
Debt
€82k▼
2024 · €93k
Debt ≤ 1 year
€63k▼
2024 · €67k
Debt > 1 year
€19k▼
2024 · €26k
Income taxes
€14k▲
2024 · €13k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€108k€104k▼
Fixed assets21/28€40k€29k▼
Tangible fixed assets22/27€40k€28k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€38k€27k▼
Financial fixed assets28€59€59=
Current assets29/58€68k€75k▲
Amounts receivable within one year40/41€19k€23k▲
Trade receivables40€17k€21k▲
Other amounts receivable41€2k€2k▲
Cash at bank and in hand54/58€44k€49k▲
Deferred charges and accrued income490/1€5k€3k▼
Equity and liabilities
Total equity and liabilities10/49€108k€104k▼
Equity10/15€15k€22k▲
Contributions10/11€1€1=
Reserves13€15k€22k▲
Distributable reserves133€15k€22k▲
Amounts payable17/49€93k€82k▼
Amounts payable after more than one year17€26k€19k▼
Financial debts170/4€26k€19k▼
Amounts payable within one year42/48€67k€63k▼
Current portion of amounts payable after more than one year42€7k€7k▲
Trade debts44€4k€2k▼
Suppliers440/4€4k€2k▼
Taxes, remuneration and social security45€5k€7k▲
Taxes450/3€2k€4k▲
Remuneration and social security454/9€3k€3k=
Other amounts payable47/48€51k€47k▼
Accrued charges and deferred income492/3€13-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€12k▲
Other operating charges640/8€470€664▲
Gross operating margin9900€77k€76k▼
Operating profit (loss)9901€65k€63k▼
Financial income75/76B-€10
Recurring financial income75-€10
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€64k€61k▼
Income taxes67/77€13k€14k▲
Profit (loss) for the period9904€50k€48k▼
Profit (loss) for the period to be appropriated9905€50k€48k▼
Appropriation of the result
Profit (loss) to be appropriated9906€50k€48k▼
Transfer to equity691/2€5k€7k▲
To other reserves6921€5k€7k▲
Profit to be distributed694/7€45k€41k▼
Return on contributions (dividend)694€35k€35k=
Directors or managers695€10k€6k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2018net €50k ▲25.6%
Operating result €65k, net result €50k, both a record.
13-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Mons · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de Saint-Antoine 107021 MonsGround area
1,219 m²
Building footprint
76 m²
Volume, LiDAR
523 m³
Parcel 53038A0804/00G000, Wallonia · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MA+ARCHITECTES
since 20172.269.599.862
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53038A0804/00G000 | Wallonia | 1,219 m² | 1 · 76 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Zx-architecten
BE 0647.770.057
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Greenscaping
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AF EPC CONSULT
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Of 2,264 companies in sector 71113 we hold annual accounts for 658. 509 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-10-2017
Fiscal year end30-09
Abbreviation FR
MA+
Activities, NACEBEL
71113Urban planning and landscape architecture
71111Activities of building architects
71112Activities of interior architects
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.