MADE BY FDK
ActiveMADE BY FDK has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-41k) and a net result of €-732. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 7027 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▲+68
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.38 against 0.24 in 2024; short-term debt: 151.3% and cash: 7% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven 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 2025Solvency, return and age of the figures
Solvency
-51.3%
Return on assets
-0.9%
Age of the figures
9 mo
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-41k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-09-2026, 49 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 · 10 filingsDeviation from the deadline
2025
49 d late
2024
61 d late
2023
30 d early
2022
58 d late
2021
12 d late
2020
6 d late
2019
4 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, micro schema
Turnover
€44k
EBIT margin
-17.0%
Net result
€-732▲ 95.5%
2024 · €-16k
2018: €-8k
2019: €4k
2020: €747
2021: €5k
2022: €-11k
2023: €-21k
2024: €-16k
2018 → 2025
Working capital
€-74k▼ 75.4%
2024 · €-42k
2018: €-6k
2019: €2k
2020: €2k
2021: €8k
2022: €-3k
2023: €-27k
2024: €-42k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€8k-€-2k€-24k▼ 845%€-40k▼ 68.6%€-41k▼ 1.8%
Operating result€5k-€-10k€-21k▼ 104%€-16k▲ 23.4%€-583▲ 96.4%
Net result€5k-€-11k€-21k▼ 98.7%€-16k▲ 23.3%€-732▲ 95.5%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €583 in 2025 against €16k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €79k
Fixed assets
€34k▲ 1,239%
Current assets
€45k▲ 233%
Key figures and ratios
EBITDA
€2k▲
2024 · €-15k
Cash flow
€2k▲
2024 · €-15k
Solvency
-51.3%▲
2024 · -246.9%
Current ratio
0.38▲
2024 · 0.24
Quick ratio
0.32▲
2024 · 0.13
Debt / equity
-2.95▼
2024 · -1.41
ROA
-0.9%▲
2024 · -100.4%
Interest coverage
15.26▲
2024 · -197.82
Debt
€119k▲
2024 · €56k
Debt ≤ 1 year
€119k▲
2024 · €56k
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€16k€79k▲
Fixed assets21/28€3k€34k▲
Tangible fixed assets22/27€2k€33k▲
Furniture and vehicles24€2k€33k▲
Financial fixed assets28€500€500=
Current assets29/58€14k€45k▲
Stocks and contracts in progress3€6k€7k▲
Stocks30/36€6k€7k▲
Amounts receivable within one year40/41-€30k
Trade receivables40-€30k
Other amounts receivable41-€946
Current investments50/53€300€300=
Cash at bank and in hand54/58€5k€6k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€16k€79k▲
Equity10/15€-40k€-41k▼
Contributions10/11€8k€8k=
Reserves13€3k€3k=
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€-50k€-51k▼
Amounts payable17/49€56k€119k▲
Amounts payable within one year42/48€56k€119k▲
Trade debts44€960€4k▲
Suppliers440/4€960€4k▲
Taxes, remuneration and social security45€72-
Taxes450/3€72-
Other amounts payable47/48€55k€115k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€3k▲
Other operating charges640/8€169€753▲
Gross operating margin9900€-15k€3k▲
Operating profit (loss)9901€-16k€-583▲
Financial charges65/66B€76€149▲
Recurring financial charges65€76€149▲
Profit (loss) for the period before taxes9903€-16k€-732▲
Profit (loss) for the period9904€-16k€-732▲
Profit (loss) for the period to be appropriated9905€-16k€-732▲
Appropriation of the result
Profit (loss) to be appropriated9906€-50k€-51k▼
Profit (loss) brought forward from the previous period14P€-34k€-50k▼
The notes to these accounts (6 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
18-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 49 days late
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-21k
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
27-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 58 days late
2022
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
31-12
Financial
Highest result since 2018net €5k ▲529%
Operating result €5k, net result €5k, both a record.
06-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 6 days late
2020
04-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 4 days late
2019
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
14-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 440 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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 1997
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 à Fossant 11380 LasneGround area
615 m²
Building footprint
128 m²
Volume, LiDAR
930 m³
2 parcels, Flanders, Wallonia · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MADE BY FDK
since 19972.081.643.556
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25061B0071/00K000 | Wallonia | 519 m² | 1 · 70 m² | 9.6 m · 3 fl. |
| 22001B0209/00D004 | Flanders | 95 m² | 1 · 58 m² | 11.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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SAFE ZONES
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Of 9,862 companies in sector 73110 we hold annual accounts for 3,755. 1,919 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-03-1997
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
74401
42110Construction of roads and motorways
43332Laying of wooden floor and wall coverings
43350Other building finishing work
45230
45432
74201Photography, excluding press photography
74811
Sources
Crossroads Bank for EnterprisesNational Bank · 28 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.