MAAD & CO
ActiveSummary
The computed 12-month bankruptcy probability of MAAD & CO is 2.5% (moderate). The 2025 annual accounts show negative equity (-€133,403) and a net result of -€56,689. Equity is shrinking by ~82.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 31942 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 3 accounts on average 17 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 7,657 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 7,657 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Gross operating margin9900 | -€31,476 | -€70,090 | -€56,531 | ▲ 19.3% |
| Operating profit (loss)9901 | -€31,476 | -€70,090 | -€56,531 | ▲ 19.3% |
| Financial charges65/66B | €11 | €137 | €158 | ▲ 15.5% |
| Recurring financial charges65 | €11 | €137 | €158 | ▲ 15.5% |
| Profit (loss) for the period before taxes9903 | -€31,487 | -€70,227 | -€56,689 | ▲ 19.3% |
| Profit (loss) for the period9904 | -€31,487 | -€70,227 | -€56,689 | ▲ 19.3% |
| Profit (loss) for the period to be appropriated9905 | -€31,487 | -€70,227 | -€56,689 | ▲ 19.3% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €4,143 | €10,479 | €8,898 | ▼ 15.1% |
| Current assets29/58 | €4,143 | €10,479 | €8,898 | ▼ 15.1% |
| Amounts receivable within one year40/41 | €2,384 | €4,443 | €7,410 | ▲ 66.8% |
| Trade receivables40 | - | - | €823 | - |
| Other amounts receivable41 | €2,384 | €4,443 | €6,587 | ▲ 48.3% |
| Cash at bank and in hand54/58 | €1,759 | €6,036 | €1,488 | ▼ 75.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €4,143 | €10,479 | €8,898 | ▼ 15.1% |
| Equity10/15 | -€6,487 | -€76,713 | -€133,403 | ▼ 73.9% |
| Contributions10/11 | €25,000 | €25,000 | €25,000 | = |
| Profit (loss) carried forward14 | -€31,487 | -€101,713 | -€158,403 | ▼ 55.7% |
| Amounts payable17/49 | €10,630 | €87,192 | €142,301 | ▲ 63.2% |
| Amounts payable within one year42/48 | €10,130 | €86,677 | €141,773 | ▲ 63.6% |
| Trade debts44 | €360 | €3,357 | €401 | ▼ 88.1% |
| Suppliers440/4 | €360 | €3,357 | €401 | ▼ 88.1% |
| Taxes, remuneration and social security45 | - | €5,034 | €34 | ▼ 99.3% |
| Taxes450/3 | - | €34 | €34 | = |
| Remuneration and social security454/9 | - | €5,000 | - | - |
| Other amounts payable47/48 | €9,770 | €78,286 | €141,338 | ▲ 80.5% |
| Accrued charges and deferred income492/3 | €500 | €515 | €528 | ▲ 2.5% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€31,487 | -€70,227 | -€56,689 | ▲ 19.3% |
| Operating cash flow (approximation) | -€31,487 | -€70,227 | -€56,689 | ▲ 19.3% |
| Change in cash | - | €4,277 | -€4,548 | ▼ 206% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
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.
Burgemeester Etienne Demunterl. 51090 Jette2 establishment units
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21684B0048/00P002 | Brussels | 206 m² | 1 · 90 m² | 13.6 m · 4 fl. |
Linked by address, not proof of ownership
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Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.