MaddMS
ActiveMaddMS has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3k and a net result of €3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 27% of 10345 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▲+70
Solvency42▲+13
Growth72▲+17
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
19 d late
2024
48 d late
2023
27 d late
2022
2 d late
2021
8 d late
2020
24 d late
2019
60 d late
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€44k▼ 30.4%
2024 · €63k
2018: €350
2019: €4k
2020: €7k
2021: €13k
2022: €30k
2023: €56k
2024: €63k
2018 → 2025
EBIT margin
1.6%▲ 13.9pp
2024 · -12.3%
2018: -896.9%
2019: -65.4%
2020: 40.7%
2021: -56.1%
2022: 21.5%
2023: 10.6%
2024: -12.3%
2018 → 2025
Net result
€3k
2024 · €-11k
2018: €-3k
2019: €-3k
2020: €3k
2021: €-7k
2022: €6k
2023: €6k
2024: €-11k
2018 → 2025
Working capital
€2k
2024 · €-2k
2018: €5k
2019: €2k
2020: €4k
2021: €-3k
2022: €4k
2023: €8k
2024: €-2k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€13k-€30k▲ 131%€56k▲ 88.4%€63k▲ 12.9%€44k▼ 30.4%
Equity€-1k-€5k€11k▲ 110%€427▼ 96.2%€3k▲ 637%
Operating result€-7k-€6k€6k▼ 6.9%€-8k€688
Net result€-7k-€6k€6k▼ 7.5%€-11k€3k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €688 after a loss of €8k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €18k
Fixed assets
€2k▼ 34.2%
Current assets
€16k▲ 89.4%
Equity and liabilities €18k
Equity
€3k▲ 637%
Debt
€15k▲ 35.2%
The debt ratio falls from 96.3% to 82.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€2k▲
2024 · €-7k
Cash flow
€4k▲
2024 · €-10k
Solvency
17.5%▲
2024 · 3.7%
Current ratio
1.12▲
2024 · 0.82
Quick ratio
0.90▲
2024 · 0.51
Debt / equity
4.72
ROE
86.4%
ROA
15.1%▲
2024 · -93.8%
Interest coverage
22.52▲
2024 · -111.80
Debt
€15k▲
2024 · €11k
Debt ≤ 1 year
€14k▲
2024 · €10k
Income taxes
€-2k▼
2024 · €3k
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€11k€18k▲
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€2k€1k▼
Furniture and vehicles24€2k€1k▼
Financial fixed assets28€436€436=
Current assets29/58€9k€16k▲
Stocks and contracts in progress3€3k€3k=
Stocks30/36€3k€3k=
Amounts receivable within one year40/41€3k€2k▼
Trade receivables40€231€2k▲
Other amounts receivable41€2k-
Cash at bank and in hand54/58€3k€10k▲
Equity and liabilities
Total equity and liabilities10/49€11k€18k▲
Equity10/15€427€3k▲
Contributions10/11€12k€12k=
Outside capital11€12k€12k=
Other1109/19€12k€12k=
Profit (loss) carried forward14€-12k€-9k▲
Amounts payable17/49€11k€15k▲
Amounts payable within one year42/48€10k€14k▲
Trade debts44€1k€471▼
Suppliers440/4€1k€471▼
Advances received on contracts in progress46€9k€9k=
Taxes, remuneration and social security45€373€2k▲
Taxes450/3€373€2k▲
Other amounts payable47/48-€3k
Accrued charges and deferred income492/3€614€467▼
Income statement
Code20242025
Turnover70€63k€44k▼
Non-recurring operating income76A€4k-
Goods, raw materials, services and sundry goods60/61€68k€40k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▼
Other operating charges640/8€6k€2k▼
Gross operating margin9900€-433€3k▲
Operating profit (loss)9901€-8k€688▲
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€60€75▲
Recurring financial charges65€60€75▲
Profit (loss) for the period before taxes9903€-8k€613▲
Income taxes67/77€3k€-2k▼
Profit (loss) for the period9904€-11k€3k▲
Profit (loss) for the period to be appropriated9905€-11k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-12k€-9k▲
Profit (loss) brought forward from the previous period14P€-1k€-12k▼
The notes to these accounts (4 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
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 19 days late
2025
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
17-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 48 days late
2024
31-12
Financial
Weakest financial yearnet €-11k ▼283%
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2019
23-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 145 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Lasne · 1 establishment unit since 2017
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.
Vieux Chemin de Wavre 1111380 LasneGround area
2,429 m²
Building footprint
119 m²
Volume, LiDAR
680 m³
Parcel 25076F0371/00_000, Wallonia · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MaddMS
since 20172.303.008.741
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25076F0371/00_000 | Wallonia | 2,429 m² | 1 · 119 m² | 8.2 m · 2 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
Montesano
BE 0651.576.318
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MISURA
BE 0757.825.366
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ALYASSIN
BE 1020.217.195
Schaarbeek · Eq €2k
LOUVIMAC
BE 0524.935.492
Sombreffe · Eq €2k
NUYTS HEREN
BE 0474.351.081
Meerhout · Eq €2k
Of 460 companies in sector 47712 we hold annual accounts for 269. 67 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded10-01-2017
Fiscal year end31-12
Activities, NACEBEL
47712Retail trade
47711Retail sale of women's outerwear
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47789Other retail sale of new goods
Sources
Crossroads Bank for EnterprisesNational Bank · 8 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.
Contact details
2 entriesE-mail:mandisoph@aim.com
Phone:+32479201183