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MAD - DAM

Active
Private limited companyfounded 2003active for 23 yearsAtomiumsquare 1, 1020 Brussel, Belgium114 active companies are registered at this addressKBO/BCE: BE 0479.793.771
Summary

MAD - DAM has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €76,097 and a net result of €5,396. Equity is shrinking by about 15% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2028. Its solvency ranks better than 34% of 9,778 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

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MAD - DAMActiveChecked score 81/100
Risk analysis ReportCompare

Overview

Activity
Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
NACE 46160Wholesale of clothing, excluding workwear and underwear NACE 46423
1 site
Size
€276,334total assets 2025
Staff
0.5 FTE
Equity
€76,097
Profit
€5,396
Financial health
81 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
2025 accounts filed 74 days late1 of 2 deeds summarised
Why 81raises riskLast filed accounts filed 74 days late; 1 of the last 3 lateSector: Wholesale trade (NACE 46)lowers riskFounded in 2003Liquidity: current ratio 1.04, cash €79,707Show the evidence

Checked score

Score 2025
81 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 39% of its sector peers (NACE 46, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 53-12
equity 27.5% of total assets
Liquidity 60-9
short-term debt 51.9% · cash 28.8%
Profitability 51+33
return on assets 2.0%
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,881 companies, NACE 46, micro)
Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 1.1%▲ +0.5 percentage points vs 07-2025 09-2025: 1.2%▲ +0.1 percentage points vs 08-2025highest value 10-2025: 0.3%▼ -0.9 percentage points vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.4%▲ +0.1 percentage points vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.3%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.7%▲ +0.4 percentage points vs 07-2026 09-2026: 0.7%● unchanged vs 08-2026 10-2026: 0.5%▼ -0.2 percentage points vs 09-2026
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.04, compared with 1.28 in 2024, below the usual 1.5; short-term debt: 51.9% and cash: 28.8% of total assets), and 72.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 38% on solvency, 66% on liquidity, 39% on profitability and 13% on growth.

The bankruptcy probability was computed on 27-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 74 days late; 1 of the last 3 late
NBB · filings
lowers risk · Founded in 2003
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 1.04, cash €79,707
NBB · annual accounts
raises risk · Sector: Wholesale trade (NACE 46)
KBO
raises risk · 2025 accounts filed 74 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-10-2026, 74 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
74 days late
2024
29 days late
2023
26 days late
2022
9 days late
2021
50 days late
2020
31 days late
2019
54 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 39 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Back to profitnet €5,396
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Caution: Latest accounts filed lateafter the legal deadline 74 days View
  • One director decidessole director in office 1 View
  • Total assets 20256 financial years filed €276,334 View

By topic

Financials

Financial year
2025
Total assets
€276,334
Profit
€5,396
Solvency
27.5%
Total assets▼ 8.7%
Net result
20182025
Go to Financials

Timeline

Events
26
Since
2005
Next accounts
by 31-07-2027
  1. 31-12-2024Weakest financial year
  2. 26-08-2024Annual accounts filed
  3. 06-11-2023Resignation: DESMECHT Philippe Michel (manager)
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Agents in the wholesale of textiles, clothing, fur…NACE 46160
Founded
18-03-2003
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
30
Who signs
Each director alone
Annual meeting
Third Thursday of May at 11:00
Purpose
“Rendre à des tiers, à des personnes physiques ou à des sociétés commerciales ou personnes…” (deed in French)
Go to Articles of association

Key facts about MAD - DAM

What is the company number of MAD - DAM?
0479.793.771. In Belgium the VAT number is the company number with BE in front: BE 0479.793.771.
Where is MAD - DAM based?
The registered office is at Atomiumsquare 1, 1020 Brussel.Company details
What does MAD - DAM do?
According to the KBO register, the main activity is agents in the wholesale of textiles, clothing, fur, footwear and leather goods (NACE 46160).
What is the legal form of MAD - DAM?
Private limited company (BV).
When was MAD - DAM founded?
On 18-03-2003.
Is MAD - DAM still active?
Yes, MAD - DAM is an active enterprise in the KBO register.
How many employees does MAD - DAM have?
On average 0.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of MAD - DAM?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is MAD - DAM profitable?
In financial year 2025, MAD - DAM made a profit of €5,396.
Where can I find the annual accounts of MAD - DAM?
MAD - DAM filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MAD - DAM due?
By 31-07-2027, for financial year 2026.Timeline

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