MACADAM 66
ActiveMACADAM 66 has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €65k and a net result of €296. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 47% of 26056 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
79
/ 100
Excellent▲ +8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability2▲+2
Solvency66▼-21
Growth52=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 6.83 against 10.46 in 2023), but 71.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
28.5%
Return on assets
0.1%
Age of the figures
20 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-05-2026, 284 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
284 d late
2023
58 d late
2022
143 d late
2021
120 d late
2020
84 d late
2019
63 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€65k▲ 0.5%
2023 · €65k
2018: €56k
2019: €64k
2020: €59k
2021: €63k
2022: €71k
2023: €65k
2018 → 2024
Total assets
€229k▲ 51.3%
2023 · €151k
2018: €143k
2019: €162k
2020: €143k
2021: €147k
2022: €151k
2023: €151k
2018 → 2024
Net result
€296▲ 620%
2023 · €41
2018: €6k
2019: €7k
2020: €-5k
2021: €4k
2022: €8k
2023: €41
2018 → 2024
Working capital
€178k▲ 55.0%
2023 · €115k
2018: €35k
2019: €44k
2020: €39k
2021: €53k
2022: €43k
2023: €115k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€59k-€63k▲ 6.6%€71k▲ 12.6%€65k▼ 8.3%€65k▲ 0.5%
Operating result€-3k-€6k€12k▲ 90.7%€4k▼ 66.4%€7k▲ 67.3%
Net result€-5k-€4k€8k▲ 102%€41▼ 99.5%€296▲ 620%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 67% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €229k
Fixed assets
€21k▼ 15.3%
Current assets
€208k▲ 64.3%
Equity and liabilities €229k
Equity
€65k▲ 0.5%
Debt
€164k▲ 89.5%
The debt ratio rises from 57.1% to 71.5%: debt grows faster than equity.
Key figures and ratios
EBITDA
€13k▲
2023 · €9k
Cash flow
€6k▲
2023 · €5k
Solvency
28.5%▼
2023 · 42.9%
Current ratio
6.83▼
2023 · 10.46
Quick ratio
1.90▼
2023 · 2.07
Debt / equity
2.51▲
2023 · 1.33
ROE
0.5%▲
2023 · 0.1%
ROA
0.1%▲
2023 · 0.0%
Interest coverage
1.94▼
2023 · 2.31
Debt
€164k▲
2023 · €86k
Debt ≤ 1 year
€30k▲
2023 · €12k
Debt > 1 year
€133k▲
2023 · €74k
Income taxes
€127▲
2023 · €34
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
Assets
Total assets20/58€151k€229k▲
Fixed assets21/28€25k€21k▼
Tangible fixed assets22/27€24k€20k▼
Plant, machinery and equipment23€15k€13k▼
Furniture and vehicles24€8k€6k▼
Financial fixed assets28€1k€1k=
Current assets29/58€127k€208k▲
Stocks and contracts in progress3€102k€150k▲
Stocks30/36€102k€150k▲
Amounts receivable within one year40/41€4k€15k▲
Trade receivables40€701€14k▲
Other amounts receivable41€3k€1k▼
Cash at bank and in hand54/58€21k€37k▲
Deferred charges and accrued income490/1-€6k
Equity and liabilities
Total equity and liabilities10/49€151k€229k▲
Equity10/15€65k€65k▲
Contributions10/11€19k€19k=
Reserves13€51k€51k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€49k€49k=
Profit (loss) carried forward14€-5k€-5k▲
Amounts payable17/49€86k€164k▲
Amounts payable after more than one year17€74k€133k▲
Financial debts170/4€74k€133k▲
Amounts payable within one year42/48€12k€30k▲
Current portion of amounts payable after more than one year42-€14k
Trade debts44€3k€9k▲
Suppliers440/4€3k€9k▲
Taxes, remuneration and social security45€3k€913▼
Taxes450/3€3k€913▼
Other amounts payable47/48€7k€6k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€6k▲
Other operating charges640/8€6k€6k▼
Gross operating margin9900€15k€18k▲
Operating profit (loss)9901€4k€7k▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€4k€6k▲
Recurring financial charges65€4k€6k▲
Profit (loss) for the period before taxes9903€75€423▲
Income taxes67/77€34€127▲
Profit (loss) for the period9904€41€296▲
Profit (loss) for the period to be appropriated9905€41€296▲
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€-5k▲
Profit (loss) brought forward from the previous period14P€-5k€-5k▲
Transfer from equity791/2€6k-
Profit to be distributed694/7€6k-
Return on contributions (dividend)694€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
2026
11-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 284 days late
2024
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
31-12
Financial
Liquidity times 7current ratio 10.46
Current ratio from 1.53 to 10.46; short-term debt falls from €80k to €12k.
21-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 143 days late
2022
31-12
Financial
Highest result since 2018net €8k ▲102%
Operating result €12k, net result €8k, both a record.
28-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 120 days late
2021
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
23-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 84 days late
2020
31-12
Financial
Weakest financial yearnet €-5k ▼168%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 63 days late
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
22-06
NBB filing
Annual accounts filed
fiscal year 2015 · full 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, Modave · 1 establishment unit since 2002
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.
Route de Strée 134577 ModaveGround area
5,171 m²
Building footprint
545 m²
Volume, LiDAR
4,273 m³
Parcel 61058A0485/00H002, Wallonia · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Route de Strée 13, 4577 Modave
since 20022.115.174.971
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61058A0485/00H002 | Wallonia | 5,171 m² | 1 · 544 m² | 9.8 m · 3 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.
Similar companies · same sector, comparable size
Future Mobility
BE 0741.701.590
Wuustwezel · Eq €65k
AMERICAN FEVER
BE 0450.683.477
Liège · Eq €65k
R.M. MOTOS
BE 0436.743.587
Herstal · Eq €66k
MOTOS D
BE 0730.591.429
Fleurus · Eq €67k
Verbist Racing
BE 0692.830.517
Bernissart · Eq €63k
Of 1,120 companies in sector 47830 we hold annual accounts for 463. 359 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded26-11-2002
Fiscal year end31-12
Activities, NACEBEL
45402
47830Retail sale of motorcycles and motorcycle parts and accessories
50400Inland freight water transport
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.