MachaonAdvisory

Active

Private limited companyfounded 20206 yrs activeMontanalaan 24, 1180 Ukkel, BelgiumKBO/BCE: BE 0748.493.867

MachaonAdvisory has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €739k and a net result of €142k. Equity is growing by ~26.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 37959 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

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Checked score

Score 2024

89 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability85▲+48

Solvency100=

Growth78▲+26

Track record100

Bankruptcy probability, 12 months

0.6% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €65k at 30 days acceptable

Liquidity ample (current ratio 36.71 against 47.83 in 2023; short-term debt: 2.7% and cash: 46.6% of total assets), and 2.7% of the assets are financed with debt.

How do we compute the score and the probability?

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

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 70

Relative position

BE, all sectors

reference

Sector 70

lower

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

97.3%

Return on assets

18.7%

Age of the figures

21 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-06-2025, 57 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

not confirmed

2024

57 d early

2023

47 d early

2022

39 d early

2021

53 d early

2020

52 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€739k▲ 23.7%

2023 · €597k

2020: €68k 2021: €391k 2022: €581k 2023: €597k

2020 → 2024

Total assets

€759k▲ 21.9%

2023 · €623k

2020: €122k 2021: €492k 2022: €658k 2023: €623k

2020 → 2024

Net result

€142k▲ 746%

2023 · €17k

2020: €56k 2021: €323k 2022: €189k 2023: €17k

2020 → 2024

Working capital

€720k▲ 22.7%

2023 · €587k

2020: €99k 2021: €379k 2022: €550k 2023: €587k

2020 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€68k-€391k▲ 473%€581k▲ 48.3%€597k▲ 2.9%€739k▲ 23.7%

Operating result€70k-€467k▲ 563%€334k▼ 28.4%€40k▼ 88.0%€188k▲ 369%

Net result€56k-€323k▲ 479%€189k▼ 41.5%€17k▼ 91.1%€142k▲ 746%

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 369% above 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €759k

97.6%

Fixed assets €19k▼ 20.1%

Current assets €740k▲ 23.5%

Equity and liabilities €759k

97.3%

Equity €739k▲ 23.7%

Debt €20k▼ 20.3%

The debt ratio falls from 4.1% to 2.7%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€196k▲

2023 · €48k

Cash flow

€149k▲

2023 · €24k

Solvency

97.3%▲

2023 · 95.9%

Current ratio

36.71▼

2023 · 47.83

Quick ratio

36.71▼

2023 · 47.83

Debt / equity

0.03▼

2023 · 0.04

ROE

19.2%▲

2023 · 2.8%

ROA

18.7%▲

2023 · 2.7%

Interest coverage

5.17▲

2023 · 1.82

Debt

€20k▼

2023 · €25k

Debt ≤ 1 year

€20k▲

2023 · €13k

Income taxes

€52k▲

2023 · €2k

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€623k€759k▲

Fixed assets21/28€23k€19k▼

Intangible fixed assets21€2k€1k▼

Tangible fixed assets22/27€21k€17k▼

Furniture and vehicles24€7k€5k▼

Other tangible fixed assets26€14k€13k▼

Financial fixed assets28€43€43=

Current assets29/58€599k€740k▲

Amounts receivable within one year40/41€4k€32k▲

Trade receivables40€384€25k▲

Other amounts receivable41€3k€8k▲

Current investments50/53€505k€354k▼

Cash at bank and in hand54/58€91k€353k▲

Deferred charges and accrued income490/1-€329

Equity and liabilities

Total equity and liabilities10/49€623k€759k▲

Equity10/15€597k€739k▲

Contributions10/11€13k€13k=

Reserves13€529k€671k▲

Distributable reserves133€529k€671k▲

Profit (loss) carried forward14€56k€55k▼

Amounts payable17/49€25k€20k▼

Amounts payable after more than one year17€13k-

Other amounts payable178/9€13k-

Amounts payable within one year42/48€13k€20k▲

Trade debts44€3k€11k▲

Suppliers440/4€3k€11k▲

Taxes, remuneration and social security45€10k€8k▼

Taxes450/3€10k€8k▼

Other amounts payable47/48-€800

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€7k▼

Other operating charges640/8€384€1k▲

Gross operating margin9900€48k€197k▲

Operating profit (loss)9901€40k€188k▲

Financial income75/76B€5k€43k▲

Recurring financial income75€5k€43k▲

Financial charges65/66B€26k€38k▲

Recurring financial charges65€26k€38k▲

Profit (loss) for the period before taxes9903€19k€194k▲

Income taxes67/77€2k€52k▲

Profit (loss) for the period9904€17k€142k▲

Profit (loss) for the period to be appropriated9905€17k€142k▲

Appropriation of the result

Profit (loss) to be appropriated9906€73k€198k▲

Profit (loss) brought forward from the previous period14P€56k€56k=

Transfer to equity691/2€17k€142k▲

To other reserves6921€17k€142k▲

Profit to be distributed694/7-€800

Return on contributions (dividend)694-€800

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 10Financial 5Filings 5

2025

04-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

14-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Weakest financial yearnet €17k ▼91.1%

Net result drops to €17k, the lowest in the series; recovery starts the following year.

31-12

Financial Liquidity times 6current ratio 47.83

Current ratio from 8.15 to 47.83; short-term debt falls from €77k to €13k.

22-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Equity above €500kEq €581k ▲48.3%

3 profitable years in a row build equity to €581k.

08-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Highest result since 2020net €323k ▲479%

Operating result €467k, net result €323k, both a record.

31-12

Financial Equity above €200kEq €391k ▲473%

2 profitable years in a row build equity to €391k.

09-06

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 act for this company is 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, Ukkel · 1 establishment unit since 2020

establishment The establishment unit on the map

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.

Montanalaan 241180 Ukkel

Ground area

947 m²

Building footprint

155 m²

Volume, LiDAR

1,372 m³

Parcel 21614H0024/00A008, Brussels · tallest building 18.6 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

MachaonAdvisory

Montanalaan 24, 1180 UkkelRetail sale of beverages, general range

since 20202.303.699.817

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21614H0024/00A008	Brussels	947 m²	1 · 155 m²	18.6 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.

Recognitions · licences · registrations

Legal Entity Identifier

254900LGR65T7W7FDT22

live in the LEI register

Similar companies · same sector, comparable size

Brasschaat · Eq €739k

SUPPLY CHAIN CONSULTANTS (EUROPE)

Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 31,034 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded11-06-2020

Fiscal year end31-12

Activities, NACEBEL

70200Business and other management consultancy

70220Business consulting

47252Retail sale of beverages, general range

58110Book publishing

82990Other business support services

85409Education

85599Other education

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.