MADA'PURE
ActiveSummary
The computed 12-month bankruptcy probability of MADA'PURE is 1.9% (moderate). The 2025 annual accounts show negative equity (€-24k) and a net result of €5k. Equity is shrinking by ~32.4% per year across the filed fiscal years. Its solvency ranks better than 15% of 11322 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▲+61
Solvency4▲+4
Growth58=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
short-term debt: 0.9% and cash: 9.4% of total assets, and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2025Solvency, return and age of the figures
Solvency
-20.9%
Return on assets
4.2%
Age of the figures
18 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 11322 sector peers (2025).
NBB · sector comparisonPosition among 11322 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
on the day
2024
13 d early
2023
22 d early
2022
28 d early
2021
5 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€-24k▲ 16.8%
2024 · €-29k
2021: €3k
2022: €-11k
2023: €-23k
2024: €-29k
2021 → 2025
Total assets
€114k▲ 4.4%
2024 · €109k
2021: €127k
2022: €114k
2023: €114k
2024: €109k
2021 → 2025
Net result
€5k
2024 · €-5k
2021: €-22k
2022: €-14k
2023: €-12k
2024: €-5k
2021 → 2025
Working capital
€111k▲ 7.3%
2024 · €104k
2021: €104k
2022: €101k
2023: €104k
2024: €104k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3k-€-11k€-23k▼ 106%€-29k▼ 21.6%€-24k▲ 16.8%
Operating result€-21k-€-13k▲ 36.1%€-11k▲ 16.3%€-4k▲ 63.1%€6k
Net result€-22k-€-14k▲ 35.7%€-12k▲ 15.1%€-5k▲ 58.1%€5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €6k after a loss of €4k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €114k
Fixed assets
€2k ▼ 51.4%
Current assets
€112k ▲ 7.5%
Key figures and ratios
EBITDA
€9k▲
2024 · €-505
Cash flow
€8k▲
2024 · €-1k
Solvency
-20.9%▲
2024 · -26.2%
Quick ratio
62.96▼
2024 · 76.05
Debt to equity
-5.79▼
2024 · -4.82
ROA
4.2%▲
2024 · -4.7%
Interest coverage
15.65▲
2024 · -0.62
Debt
€138k=
2024 · €138k
Debt ≤ 1 year
€980▲
2024 · €744
Debt > 1 year
€137k=
2024 · €137k
Income taxes
€210▲
2024 · €161
A ratio outside any meaningful range has been withheld (balance sheet total €114k, equity €-24k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€109k€114k▲
Formation expenses20€1k€0▼
Fixed assets21/28€4k€2k▼
Tangible fixed assets22/27€4k€2k▼
Plant, machinery and equipment23€639€144▼
Furniture and vehicles24€3k€2k▼
Current assets29/58€104k€112k▲
Stocks and contracts in progress3€48k€50k▲
Stocks30/36€48k€50k▲
Amounts receivable within one year40/41€44k€51k▲
Trade receivables40€44k€51k▲
Other amounts receivable41€0-
Cash at bank and in hand54/58€12k€11k▼
Deferred charges and accrued income490/1€231€296▲
Equity and liabilities
Total equity and liabilities10/49€109k€114k▲
Equity10/15€-29k€-24k▲
Contributions10/11€25k€25k=
Profit (loss) carried forward14€-54k€-49k▲
Amounts payable17/49€138k€138k=
Amounts payable after more than one year17€137k€137k=
Financial debts170/4€50k€50k=
Other amounts payable178/9€87k€87k=
Amounts payable within one year42/48€744€980▲
Trade debts44€425€517▲
Suppliers440/4€425€517▲
Taxes, remuneration and social security45€318€463▲
Taxes450/3€318€463▲
Accrued charges and deferred income492/3€203€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€1k€3k▲
Gross operating margin9900€875€12k▲
Operating profit (loss)9901€-4k€6k▲
Financial charges65/66B€817€547▼
Recurring financial charges65€817€547▼
Profit (loss) for the period before taxes9903€-5k€5k▲
Income taxes67/77€161€210▲
Profit (loss) for the period9904€-5k€5k▲
Profit (loss) for the period to be appropriated9905€-5k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-54k€-49k▲
Profit (loss) brought forward from the previous period14P€-48k€-54k▼
The notes to these accounts (5 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
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Back to profitnet €5k
Net result €5k after 4 loss-making years.
2024
18-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
03-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Liquidity times 12current ratio 92.88
Current ratio from 7.90 to 92.88; short-term debt falls from €15k to €1k.
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2021 · 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, Lievegem · 1 establishment unit since 2019
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.
Meienbroek 659920 LievegemGround area
2,708 m²
Building footprint
241 m²
Volume, LiDAR
1,006 m³
Parcel 44036A0491/00L000, Flanders · tallest building 8.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MADA'PURE
since 20192.295.856.673
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44036A0491/00L000 | Flanders | 2,708 m² | 1 · 241 m² | 8.1 m · 1 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
Food safety, FASFC
1 siteLievegem2.295.856.673
Similar companies · same sector, comparable size
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BE 1008.167.916
Genappe · Eq €3,908
SELEAN
BE 0800.735.196
Ukkel · Eq €3,969
DE ZOETE GOESTING
BE 0682.791.413
Dilsen-Stokkem · Eq €2,006
MOOR & MORE
BE 1018.475.254
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Of 406 companies in sector 46370 we hold annual accounts for 210. 41 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-11-2019
Fiscal year end31-03
Activities, NACEBEL 2025
46370Wholesale trade
46389Wholesale of other food products
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.