MACHADOS
ActiveMACHADOS has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.05M and a net result of €167k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 85% of 7760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▲+12
Solvency100▲+5
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 2.28 against 1.87 in 2024; short-term debt: 22.9% and cash: 40.6% of total assets), and 22.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 43
Relative position
BE, all sectors
reference
Sector 43
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
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
77.1%
Return on assets
12.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
38 d early
2023
9 d early
2022
25 d early
2021
13 d early
2020
13 d late
2019
6 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€167k▲ 301%
2024 · €42k
2018: €149k
2019: €280k
2020: €125k
2021: €148k
2022: €170k
2023: €147k
2024: €42k
2018 → 2025
Working capital
€398k▲ 7.8%
2024 · €369k
2018: €334k
2019: €582k
2020: €635k
2021: €671k
2022: €616k
2023: €636k
2024: €369k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.32M-€1.25M▼ 5.7%€1.25M▼ 0.1%€1.01M▼ 19.1%€1.05M▲ 4.2%
Operating result€217k-€247k▲ 14.0%€215k▼ 13.0%€60k▼ 72.0%€243k▲ 303%
Net result€148k-€170k▲ 14.8%€147k▼ 13.2%€42k▼ 71.6%€167k▲ 301%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 303% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.36M
Fixed assets
€653k▲ 0.8%
Current assets
€710k▼ 10.4%
Equity and liabilities €1.36M
Equity
€1.05M▲ 4.2%
Debt
€312k▼ 27.7%
The debt ratio falls from 30.0% to 22.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€273k▲
2024 · €84k
Cash flow
€197k▲
2024 · €66k
Solvency
77.1%▲
2024 · 70.0%
Current ratio
2.28▲
2024 · 1.87
Quick ratio
2.28▲
2024 · 1.87
Debt / equity
0.30▼
2024 · 0.43
ROE
15.9%▲
2024 · 4.1%
ROA
12.3%▲
2024 · 2.9%
Interest coverage
103.30▲
2024 · 34.44
Debt
€312k▼
2024 · €432k
Debt ≤ 1 year
€312k▼
2024 · €423k
Income taxes
€74k▲
2024 · €17k
Staff costs
€212k▲
2024 · €206k
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€1.44M€1.36M▼
Fixed assets21/28€648k€653k▲
Tangible fixed assets22/27€647k€652k▲
Land and buildings22€599k€589k▼
Plant, machinery and equipment23€7k€8k▲
Furniture and vehicles24€42k€55k▲
Financial fixed assets28€250€250=
Current assets29/58€792k€710k▼
Amounts receivable within one year40/41€241k€142k▼
Trade receivables40€185k€87k▼
Other amounts receivable41€56k€54k▼
Cash at bank and in hand54/58€538k€553k▲
Deferred charges and accrued income490/1€13k€15k▲
Equity and liabilities
Total equity and liabilities10/49€1.44M€1.36M▼
Equity10/15€1.01M€1.05M▲
Contributions10/11€6k€6k=
Reserves13€633k€675k▲
Distributable reserves133€633k€675k▲
Profit (loss) carried forward14€335k€335k=
Investment grants15€34k€34k=
Amounts payable17/49€432k€312k▼
Amounts payable within one year42/48€423k€312k▼
Current portion of amounts payable after more than one year42€41k-
Financial debts43-€41k
Credit institutions430/8-€41k
Trade debts44€36k€86k▲
Suppliers440/4€36k€86k▲
Taxes, remuneration and social security45€33k€16k▼
Taxes450/3€18k€7k▼
Remuneration and social security454/9€15k€9k▼
Other amounts payable47/48€313k€168k▼
Accrued charges and deferred income492/3€9k€651▼
Income statement
Code20242025
Non-recurring operating income76A€826€1k▲
Remuneration, social security and pensions62€206k€212k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€30k▲
Other operating charges640/8€18k€41k▲
Gross operating margin9900€309k€525k▲
Operating profit (loss)9901€60k€243k▲
Financial income75/76B€673€669▼
Recurring financial income75€673€669▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€58k€241k▲
Income taxes67/77€17k€74k▲
Profit (loss) for the period9904€42k€167k▲
Profit (loss) for the period to be appropriated9905€42k€167k▲
Appropriation of the result
Profit (loss) to be appropriated9906€377k€502k▲
Profit (loss) brought forward from the previous period14P€335k€335k=
Transfer from equity791/2€280k€125k▼
Transfer to equity691/2€42k€167k▲
To other reserves6921€42k€167k▲
Profit to be distributed694/7€280k€125k▼
Return on contributions (dividend)694€280k€125k▼
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
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €42k ▼71.6%
Net result drops to €42k, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 13 days late
2020
25-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Highest result since 2018net €280k ▲88.1%
Operating result €435k, net result €280k, both a record.
31-12
Financial
Equity above €1MEq €1.15M ▲32.2%
2 profitable years in a row build equity to €1.15M.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Sint-Agatha-Berchem · 1 establishment unit since 2003
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.
Alcyonstraat 30-321082 Sint-Agatha-BerchemGround area
1,241 m²
Building footprint
1,070 m²
Volume, LiDAR
5,920 m³
2 parcels, Brussels · tallest building 15.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Kortestraat 3, 1082 Sint-Agatha-Berchem
since 20032.123.429.077
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21003A0306/00F002 | Brussels | 1,129 m² | 1 · 988 m² | 9.8 m · 2 fl. |
| 21003A0312/00X005 | Brussels | 112 m² | 1 · 81 m² | 15.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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MATHIEU WILLEMS - DIELS
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Balen · Eq €1.05M
Of 7,042 companies in sector 43221 we hold annual accounts for 3,469. 1,601 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-01-2002
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
43990Other specialised construction activities
43999Specialised construction activities
45332
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
43332Laying of wooden floor and wall coverings
43333Wallpapering and laying of floor and wall coverings in other materials
45310
45432
45433
Sources
Crossroads Bank for EnterprisesNational Bank · 24 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.