Equity
€17,443 ▲ 126%
MADE GRAPHIC paid out €10,000 in dividends. That is 51% of the 2025 profit.
MADE GRAPHIC
Lifetime
14 annual accounts with figures on one time axispeak €51,827 (2013)
€35,172▲ 9.7%
lowest -€21,894 (2020)
€19,726▲ 10.7%
peak €32,138 (2013)
€17,443▲ 126%
€45,691▲ 29.7%
peak 1 FTE (2015)
-not published
Board2 names since 2011
2 directorsDENIS Matthieu and 1 other
Owners2 names in the annual accounts
Documentsfilings and deeds
07-07-202624 days before the deadline
2025micro format
Dividend €10,000Equity from €7,717 to €17,443Debts from €35,240 to €45,691Cash from €9,717 to €37,973
Key points
from the 2025 annual accountsChecked score
96
Excellent
Financially stronger than 66% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.3%▲ +0.1 percentage points vs 03-2025
05-2025: 0.2%▼ -0.1 percentage points vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.1%▼ -0.2 percentage points vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 1.61, cash €37,973
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €63,135
Figures for financial year 2025 (filed on 07-07-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 27% of them on solvency, 62% on liquidity, 82% on profitability and 92% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 5,053 companies had the same profile as MADE GRAPHIC has now. Each dot stands for 13 companies, two years later.
95.9%
were still trading
2.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of MADE GRAPHIC itself is lower: < 0.1% within 12 months. It rests on far more data about MADE GRAPHIC than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,053 companies, not a prediction for MADE GRAPHIC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.61 (1.84 in 2024), above the usual 1.5. Short-term debt is 44.3% and cash 60.1% of total assets. However, 72.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 days early
2024
29 days early
2023
28 days early
2022
25 days early
2021
30 days early
2020
33 days early
2019
18 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 27 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 4 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Matthieu Denis 80%annual accounts 2021
- Eléonore Cardon de Lichtbuer 20%annual accounts 2021
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0840532615
Registered office moved to Genappe
New registered office: Chemin de l’Alfer 2, 1470 Genappe (Bousval) · Reappointments: DENIS Matthieu (director) and CARDON de LICHTBUER Eléonore (director) · “Toutes activités de menuiserie-ébénisterie et/ou liées au travail du bois,que ce soit au niveau de la création…” (deed in French) · General meeting of 07-07-2021 · Gazette deed
Incorporation
published on 07-11-2011 · Gazette deed
First establishment
Oude Molenstraat 82, Uccle
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MADE GRAPHIC Genappe | €63,135 | €35,172 | 27.6% | - |
| FWI MANAGEMENT Lasne | €66,641 | €39,959 | 56.4% | - |
| JANSEN-ARTS Lommel | €70,920 | €36,730 | 87.2% | - |
| DEMED MEDICAL Sint-Niklaas | €71,968 | €33,954 | 90.1% | - |
| awake-productions.com Zandhoven | €69,534 | €39,965 | 50.9% | - |
| BLUESCREEN ICT Antwerp | €53,789 | €35,744 | 72.4% | - |
| CALLSOFT Braine-le-Comte | €66,124 | €36,813 | -212.6% | - |
These companies have the same main activity as MADE GRAPHIC: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €53,800 and €72,000, founded between 2010 and 2014.
Official details
Source: KBO- Status
- Active since 24-10-2011Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 3 others
- Establishment unit
- 2.204.127.9311180 Uccle, since 19-10-2011
- Financial year end
- 31 December
- Peppol
- Reachable since 14-11-2024
Annual accounts 2025
- ≈ €120,000estimated
- €63,135▲ 47.0%
- Filing
- Filed on 07-07-2026, 24 days before the end of the filing period
Insights on MADE GRAPHIC
MADE GRAPHIC files the micro format. That format states no turnover. The gross margin rose from €11,417 in 2012 to €35,172 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MADE GRAPHIC
- What is the company number of MADE GRAPHIC?
- The company number of MADE GRAPHIC is 0840.532.615. The VAT number is the same number with BE in front: BE 0840.532.615.
- Where is MADE GRAPHIC based?
- The registered office is at Chemin de l' Alfer 2, 1470 Genappe.Company details
- What does MADE GRAPHIC do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of MADE GRAPHIC?
- MADE GRAPHIC is a private limited company (BV).
- When was MADE GRAPHIC founded?
- MADE GRAPHIC was founded on 24-10-2011.
- Is MADE GRAPHIC still active?
- Yes, MADE GRAPHIC is an active enterprise in the KBO register.
- What is the turnover of MADE GRAPHIC?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €35,172 and 63 comparable companies (NACE 62200). It probably lies between €96,000 and €160,000.Financials
- Is MADE GRAPHIC profitable?
- In financial year 2025, MADE GRAPHIC made a profit of €19,726.
- Where can I find the annual accounts of MADE GRAPHIC?
- MADE GRAPHIC filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MADE GRAPHIC due?
- MADE GRAPHIC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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