MADE 2
ActiveMADE 2 has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2022 annual accounts show equity of €69k and a net result of €-3k. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 73% of 7613 sector peers (fiscal year 2022). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2022
62
/ 100
Healthy▼ -24 vs 2021
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2021
Profitability0▼-40
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days only on tighter terms
Liquidity ample (current ratio 3.49 against 3.68 in 2021), and 28.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2022Solvency, return and age of the figures
Solvency
71.4%
Return on assets
-3.2%
Age of the figures
45 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 9 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline16-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 01-01-2024, 154 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
154 d late
2021
160 d late
2020
354 d late
2019
696 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Turnover
€25k
EBIT margin
15.7%
Net result
€-3k
2021 · €6k
2018: €896
2019: €4k
2020: €3k
2021: €6k
2018 → 2022
Working capital
€69k▼ 4.3%
2021 · €72k
2018: €60k
2019: €64k
2020: €66k
2021: €72k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Turnover€25k
Equity€60k-€64k▲ 6.2%€67k▲ 4.3%€72k▲ 8.6%€69k▼ 4.3%
Operating result€1k-€4k▲ 276%€-11k€6k€-3k
Net result€896-€4k▲ 318%€3k▼ 25.9%€6k▲ 110%€-3k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €3k after €6k in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €97k
Fixed assets
€248=
Current assets
€97k▼ 2.4%
Equity and liabilities €97k
Equity
€69k▼ 4.3%
Debt
€28k▲ 2.7%
The debt ratio rises from 27.1% to 28.6%: debt grows while equity shrinks.
Key figures and ratios
Solvency
71.4%▼
2021 · 72.9%
Current ratio
3.49▼
2021 · 3.68
Quick ratio
3.49▼
2021 · 3.68
Debt / equity
0.40▲
2021 · 0.37
ROE
-4.5%▼
2021 · 8.1%
ROA
-3.2%▼
2021 · 5.9%
Debt
€28k▲
2021 · €27k
Debt ≤ 1 year
€28k▲
2021 · €27k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€99k€97k▼
Fixed assets21/28€248€248=
Financial fixed assets28€248€248=
Current assets29/58€99k€97k▼
Amounts receivable within one year40/41€95k€94k▼
Trade receivables40€23k€23k=
Other amounts receivable41€72k€71k▼
Cash at bank and in hand54/58€5k€2k▼
Deferred charges and accrued income490/1€101€101=
Equity and liabilities
Total equity and liabilities10/49€99k€97k▼
Equity10/15€72k€69k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€8k€5k▼
Amounts payable17/49€27k€28k▲
Amounts payable within one year42/48€27k€28k▲
Trade debts44€16k€16k▲
Suppliers440/4€16k€16k▲
Taxes, remuneration and social security45€10k€10k=
Taxes450/3€10k€10k=
Other amounts payable47/48€1k€2k▲
Income statement
Code20212022
Other operating charges640/8€1k€746▼
Gross operating margin9900€7k€-2k▼
Operating profit (loss)9901€6k€-3k▼
Financial charges65/66B€137€56▼
Recurring financial charges65€137€56▼
Profit (loss) for the period before taxes9903€6k€-3k▼
Profit (loss) for the period9904€6k€-3k▼
Profit (loss) for the period to be appropriated9905€6k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€5k▼
Profit (loss) brought forward from the previous period14P€2k€8k▲
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
2024
01-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 154 days late
2023
07-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 160 days late
2022
31-12
Financial
Weakest financial yearnet €-3k ▼154%
Net result drops to €-3k, the lowest in the series.
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 354 days late
27-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 696 days late
27-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 696 days late
2021
31-12
Financial
Highest result since 2018net €6k ▲110%
Operating result €6k, net result €6k, both a record.
24-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 574 days late
2019
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 318 days late
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 242 days late
19-03
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 596 days late
07-03
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 950 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Flémalle · 1 establishment unit since 1999
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.
Rue des Nonnes 264400 FlémalleGround area
701 m²
Building footprint
166 m²
Parcel 62007B0013/00R000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue des Nonnes 26, 4400 Flémalle
since 19992.090.634.169
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62007B0013/00R000 | Wallonia | 701 m² | 1 · 166 m² | - |
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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BE 0480.116.346
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Jacky CHOFFRAY
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Of 4,559 companies in sector 82300 we hold annual accounts for 1,662. 1,299 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded17-03-1999
Fiscal year end31-12
Activities, NACEBEL
74872
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.