MaDe company
ActiveMaDe company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €208k and a net result of €40k. Equity is growing by ~50.5% per year across the filed fiscal years. Its solvency ranks better than 49% of 3171 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▼-19
Solvency77▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity short (current ratio 0.27 against 0.6 in 2024; short-term debt: 19.9% and cash: 2.6% of total assets), and 48.3% of the assets are financed with debt.
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
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
51.7%
Return on assets
9.9%
Age of the figures
18 mo
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 13-10-2025, 18 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
18 d early
2024
on the day
2023
on the day
2022
40 d early
2021
61 d early
← before the deadline
after the deadline →
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 close18-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€40k▼ 68.6%
2024 · €127k
2021: €16k
2022: €29k
2023: €34k
2024: €127k
2021 → 2025
Working capital
€-59k▼ 101%
2024 · €-29k
2021: €45k
2022: €-51k
2023: €-64k
2024: €-29k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€45k-€73k▲ 64.0%€106k▲ 45.0%€187k▲ 76.0%€208k▲ 11.3%
Operating result€20k-€42k▲ 111%€48k▲ 14.4%€102k▲ 114%€58k▼ 43.4%
Net result€16k-€29k▲ 89.5%€34k▲ 14.9%€127k▲ 277%€40k▼ 68.6%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 43% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €403k
Fixed assets
€382k▲ 0.9%
Current assets
€22k▼ 50.4%
Equity and liabilities €403k
Equity
€208k▲ 11.3%
Debt
€195k▼ 16.9%
The debt ratio falls from 55.6% to 48.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€58k▼
2024 · €102k
Cash flow
€40k▼
2024 · €128k
Solvency
51.7%▲
2024 · 44.4%
Current ratio
0.27▼
2024 · 0.60
Quick ratio
0.27▼
2024 · 0.60
Debt / equity
0.94▼
2024 · 1.25
ROE
19.2%▼
2024 · 68.1%
ROA
9.9%▼
2024 · 30.2%
Interest coverage
14.46▼
2024 · 24.17
Debt
€195k▼
2024 · €235k
Debt ≤ 1 year
€80k▲
2024 · €73k
Debt > 1 year
€114k▼
2024 · €162k
Income taxes
€14k▼
2024 · €20k
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€422k€403k▼
Fixed assets21/28€379k€382k▲
Tangible fixed assets22/27€14€3k▲
Plant, machinery and equipment23-€3k
Furniture and vehicles24€14-
Financial fixed assets28€379k€379k=
Current assets29/58€43k€22k▼
Amounts receivable within one year40/41€14k€11k▼
Trade receivables40€14k€11k▼
Cash at bank and in hand54/58€29k€10k▼
Deferred charges and accrued income490/1€131€186▲
Equity and liabilities
Total equity and liabilities10/49€422k€403k▼
Equity10/15€187k€208k▲
Contributions10/11€30k€30k=
Reserves13€157k€178k▲
Distributable reserves133€157k€178k▲
Amounts payable17/49€235k€195k▼
Amounts payable after more than one year17€162k€114k▼
Financial debts170/4€162k€114k▼
Amounts payable within one year42/48€73k€80k▲
Current portion of amounts payable after more than one year42€52k€48k▼
Financial debts43-€850
Credit institutions430/8-€850
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Taxes, remuneration and social security45€12k€11k▼
Taxes450/3€8k€9k▲
Remuneration and social security454/9€4k€2k▼
Other amounts payable47/48€8k€19k▲
Accrued charges and deferred income492/3-€387
Income statement
Code20242025
Non-recurring operating income76A€50k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€535€47▼
Other operating charges640/8€475€482▲
Gross operating margin9900€103k€58k▼
Operating profit (loss)9901€102k€58k▼
Financial income75/76B€50k-
Recurring financial income75€50k-
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€147k€54k▼
Income taxes67/77€20k€14k▼
Profit (loss) for the period9904€127k€40k▼
Profit (loss) for the period to be appropriated9905€127k€40k▼
Appropriation of the result
Profit (loss) to be appropriated9906€127k€40k▼
Transfer to equity691/2€81k€21k▼
To other reserves6921€81k€21k▼
Profit to be distributed694/7€47k€19k▼
Return on contributions (dividend)694€47k€19k▼
The notes to these accounts (9 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
13-10
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
31-03
Financial
Equity above €200kEq €208k ▲11.3%
5 profitable years in a row build equity to €208k.
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
31-03
Financial
Highest result since 2021net €127k ▲277%
Operating result €102k, net result €127k, both a record.
31-03
Financial
Equity above €150kEq €187k ▲76%
4 profitable years in a row build equity to €187k.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
31-03
Financial
Equity above €100kEq €106k ▲45%
3 profitable years in a row build equity to €106k.
2022
21-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2021
31-08
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
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, Court-Saint-Etienne · 1 establishment unit since 2020
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 Taillettes 51490 Court-Saint-EtienneGround area
2,335 m²
Building footprint
194 m²
Volume, LiDAR
1,409 m³
2 parcels, Wallonia · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MaDe company
since 20202.307.539.334
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25023H0241/00V003 | Wallonia | 1,897 m² | 1 · 146 m² | 12.0 m · 3 fl. |
| 25100B0177/00M000 | Wallonia | 439 m² | 1 · 49 m² | - |
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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HB-IMMO
BE 0667.986.342
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CERESA
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Kontich · Eq €208k
REOLISE
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Of 82,546 companies in sector 70200 we hold annual accounts for 52,574. 39,702 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-09-2020
Fiscal year end31-03
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0493255248