MaDe
ActiveMaDe has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €245k and a net result of €70k. Equity is growing by ~45% per year across the filed fiscal years. Its solvency ranks better than 28% of 37972 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
66
/ 100
Healthy▲ +10 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency44▲+17
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity short (current ratio 0.77 against 0.72 in 2023), and 68.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · 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 →
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-07-2025, 16 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
16 d early
2023
90 d early
2022
34 d early
2021
31 d early
2020
1 d early
2019
49 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€245k▲ 35.6%
2023 · €180k
2019: €37k
2020: €59k
2021: €90k
2022: €121k
2023: €180k
2019 → 2024
Total assets
€781k▲ 0.8%
2023 · €775k
2019: €60k
2020: €74k
2021: €128k
2022: €786k
2023: €775k
2019 → 2024
Net result
€70k▲ 6.5%
2023 · €65k
2019: €36k
2020: €23k
2021: €30k
2022: €43k
2023: €65k
2019 → 2024
Working capital
€-24k▲ 13.3%
2023 · €-28k
2019: €37k
2020: €58k
2021: €96k
2022: €-8k
2023: €-28k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€59k-€90k▲ 51.4%€121k▲ 35.1%€180k▲ 49.0%€245k▲ 35.6%
Operating result€30k-€41k▲ 36.7%€74k▲ 79.6%€96k▲ 31.0%€103k▲ 6.8%
Net result€23k-€30k▲ 34.5%€43k▲ 43.0%€65k▲ 50.4%€70k▲ 6.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 7% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €781k
Fixed assets
€701k▼ 0.1%
Current assets
€80k▲ 9.7%
Equity and liabilities €781k
Equity
€245k▲ 35.6%
Debt
€537k▼ 9.7%
The debt ratio falls from 76.7% to 68.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€104k▲
2023 · €97k
Cash flow
€70k▲
2023 · €66k
Solvency
31.3%▲
2023 · 23.3%
Current ratio
0.77▲
2023 · 0.72
Quick ratio
0.77▲
2023 · 0.72
Debt / equity
2.19▼
2023 · 3.30
ROE
28.4%▼
2023 · 36.2%
ROA
8.9%▲
2023 · 8.4%
Interest coverage
14.79▲
2023 · 12.68
Debt
€537k▼
2023 · €594k
Debt ≤ 1 year
€104k▲
2023 · €101k
Debt > 1 year
€431k▼
2023 · €492k
Income taxes
€26k▲
2023 · €23k
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€775k€781k▲
Fixed assets21/28€702k€701k▼
Tangible fixed assets22/27€2k€833▼
Furniture and vehicles24€2k€833▼
Financial fixed assets28€700k€700k=
Current assets29/58€73k€80k▲
Amounts receivable within one year40/41€64k€79k▲
Trade receivables40€63k€75k▲
Other amounts receivable41€2k€5k▲
Cash at bank and in hand54/58€7k-
Deferred charges and accrued income490/1€2k€744▼
Equity and liabilities
Total equity and liabilities10/49€775k€781k▲
Equity10/15€180k€245k▲
Contributions10/11€100€100=
Reserves13€180k€244k▲
Distributable reserves133€180k€244k▲
Amounts payable17/49€594k€537k▼
Amounts payable after more than one year17€492k€431k▼
Financial debts170/4€492k€431k▼
Amounts payable within one year42/48€101k€104k▲
Current portion of amounts payable after more than one year42€89k€83k▼
Financial debts43-€5k
Credit institutions430/8-€5k
Trade debts44€1k€4k▲
Suppliers440/4€1k€4k▲
Taxes, remuneration and social security45€10k€12k▲
Taxes450/3€10k€12k▲
Other amounts payable47/48€967-
Accrued charges and deferred income492/3€982€602▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€777€777=
Other operating charges640/8€448€462▲
Gross operating margin9900€98k€104k▲
Operating profit (loss)9901€96k€103k▲
Financial income75/76B-€163
Recurring financial income75-€163
Financial charges65/66B€8k€7k▼
Recurring financial charges65€8k€7k▼
Profit (loss) for the period before taxes9903€89k€96k▲
Income taxes67/77€23k€26k▲
Profit (loss) for the period9904€65k€70k▲
Profit (loss) for the period to be appropriated9905€65k€70k▲
Appropriation of the result
Profit (loss) to be appropriated9906€65k€70k▲
Transfer from equity791/2€6k€5k▼
Transfer to equity691/2€65k€70k▲
To other reserves6921€65k€70k▲
Profit to be distributed694/7€6k€5k▼
Return on contributions (dividend)694€6k€5k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2019net €70k ▲6.5%
Operating result €103k, net result €70k, both a record.
31-12
Financial
Equity above €200kEq €245k ▲35.6%
6 profitable years in a row build equity to €245k.
02-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150kEq €180k ▲49%
5 profitable years in a row build equity to €180k.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €121k ▲35.1%
4 profitable years in a row build equity to €121k.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €23k ▼38.1%
Net result drops to €23k, the lowest in the series; recovery starts the following year.
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Bierbeek · 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.
Kerselaarlaan 153360 BierbeekGround area
1,142 m²
Building footprint
205 m²
Volume, LiDAR
1,060 m³
Parcel 24065B0221/00R002, Flanders · tallest building 18.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Kerselaarlaan 15, 3360 Bierbeek
since 20192.296.535.475
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24065B0221/00R002 | Flanders | 1,142 m² | 1 · 205 m² | 18.2 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.
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Of 82,218 companies in sector 70200 we hold annual accounts for 52,393. 38,881 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-09-2019
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
71121Engineering and related technical consultancy, excluding land surveyors
73200Market research and public opinion polling
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.