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MAAD & CO

Active Private limited companyfounded 2023active for 3 yearsBurgemeester Etienne Demunterl. 5, 1090 JetteKBO/BCE: BE 0804.200.472

Lifetime

3 annual accounts with figures on one time axis
peak -€31,476 (2023)
-€56,531▲ €13,559
lowest -€70,227 (2024)
-€56,689▲ €13,537
peak -€6,487 (2023)
-€133,403▼ €56,689
€142,301▲ 63.2%
Board2 names since 2023
2 directors and 1 other
Documentsfilings and deeds
29-07-20262 days before the deadline
2025micro format
Gross margin from -€70,090 to -€56,531Loss of €56,689Equity from -€76,713 to -€133,403Debts from €87,192 to €142,301Cash from €6,036 to €1,488

Key points

from the 2025 annual accounts

Equity

-€133,403
202320242025

Debts exceed assets in financial year 2025.

Losses

-€158,403 in three years
-31,4872023-70,2272024-56,6892025

Every financial year from 2023 to 2025 closed with a loss. 2024 was the heaviest.

Debts

€142,301 1,599% of the balance sheet
Suppliers 0%Taxes and wages 0%Other 100%

Of this, €141,773 falls due within a year.

Filings

3 annual accounts 1 late
AprilJune31 JulyOctober202320242025

The 2024 accounts came 20 days late. The other two were filed on time.

Position in the sector

-1499.2%

Lower solvency than 95% of companies in head offices and management consultancy. Sector median 55.5% · 41,228 companies.

Turnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 7,654 companies had the same profile as MAAD & CO has now. Each dot stands for 20 companies, two years later.

84.6%
were still trading
5.8%
stopped another way
8.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 0.8% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 7,654 companies, not a prediction for MAAD & CO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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

Signals

Board and ownership

Director
Director
  • 500 sharesdeed of 26-07-2023
  • 500 sharesdeed of 26-07-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0804200472
Appointment: (director) General meeting of 22-04-2024 · Gazette deed
Incorporation Founding capital of €25,000, 1,000 shares · Founders: and · Appointment: (director) · published on 26-07-2023 · Gazette deed
2 establishments registered Jette and Woluwe-Saint-Pierre
All 8 events

Comparable companies

same main activity, similar in size and age
Company
MAAD & CO Jette €8,898 -€56,531 -1499.2% -
Enzo Management Woluwe-Saint-Pierre €9,521 -€5,885 -254.4% -
SHIKANO Ixelles €8,537 -€32,481 -55.7% -
PCA CONSULTING Uccle €8,861 -€3,627 -3.4% -
ITK Consulting Uccle €9,318 €543 94.7% -
SKY accompagnement et conseil Etterbeek €8,307 -€10,294 30.5% -
Temple of the Dog Uccle €9,978 €148 -231.4% -

These companies have the same main activity as MAAD & CO: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €8,310 and €9,980, founded in 2023.

Official details

Source: KBO
Status
Active since 24-07-2023Normal situation
Registered office
81 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 13 November 2026.
Activity
Business and other management consultancyNACE 70200and 2 others
Establishment units
2.349.381.9661090 Jette, since 24-07-2023
2.350.400.6641150 Woluwe-Saint-Pierre, since 24-07-2023
Financial year end
31 December
Peppol
Reachable since 31-12-2025
Company details

Annual accounts 2025

€8,898▼ 15.1%
Filing
Filed on 29-07-2026, 2 days before the end of the filing period
Financials

Insights on MAAD & CO

MAAD & CO files the micro format. That format states no turnover. The gross margin fell from -€31,476 in 2023 to -€56,531 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about MAAD & CO

What is the company number of MAAD & CO?
The company number of MAAD & CO is 0804.200.472. The VAT number is the same number with BE in front: BE 0804.200.472.
Where is MAAD & CO based?
The registered office is at Burgemeester Etienne Demunterl. 5, 1090 Jette.Company details
What does MAAD & CO do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of MAAD & CO?
MAAD & CO is a private limited company (BV).
When was MAAD & CO founded?
MAAD & CO was founded on 24-07-2023.
Is MAAD & CO still active?
Yes, MAAD & CO is an active enterprise in the KBO register.
What is the turnover of MAAD & CO?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is MAAD & CO profitable?
In financial year 2025, MAAD & CO made a loss of €56,689.
Where can I find the annual accounts of MAAD & CO?
MAAD & CO filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MAAD & CO due?
MAAD & CO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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