MADE PROJECTS
The computed 12-month bankruptcy probability of MADE PROJECTS is 0.5% (very low). The 2024 annual accounts show equity of €37k and a net result of €-75k. Equity is shrinking by ~22.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 10% of 12395 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €37k |
| Net result | €-75k |
| Better than sector | 10% |
| Active | 5 yrs |
Fragile profile, watch health in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 2.8% | 60.6% | |
| Net result | €-75k | €31k | |
| Equity | €37k | €63k | |
| Gross operating margin | €-14k | €52k | |
| Total assets | €1.32M | €124k |
| Fiscal year | 2024 |
|---|---|
| Revenue | €6k |
| EBITDA | €-14k |
| Net profit | €-75k |
| Cash flow | €-46k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €1.32M |
| Equity | €37k |
| Debt | €1.28M |
| of which ≤ 1y | €891k |
| of which > 1y | €389k |
| Working capital | €-870k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.02 |
| Quick ratio | 0.02 |
| Working capital ratio | -65.8% |
| Solvency | 2.8% |
| Debt / equity | 34.79 |
| Long-term debt ratio | 10.53 |
| Interest coverage | -0.44 |
| Gross margin | -222.4% |
| Net margin | -1191.1% |
| ROA | -5.7% |
| ROE | -203.3% |
| EBITDA margin | -222.4% |
| Days sales outstanding | 834d |
| Days payable outstanding | 834d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.32M |
| Fixed assets | 21/28 | €1.30M |
| Tangible fixed assets | 22/27 | €1.30M |
| Current assets | 29/58 | €21k |
| Amounts receivable within one year | 40/41 | €21k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.32M |
| Equity | 10/15 | €37k |
| Contributions / capital | 10/11 | €120k |
| Accumulated profits (losses) | 14 | €-83k |
| Amounts payable | 17/49 | €1.28M |
| Amounts payable after one year | 17 | €389k |
| Amounts payable within one year | 42/48 | €891k |
| Trade debts payable within one year | 44 | €46k |
| Income statement | ||
| Turnover | 70 | €6k |
| Gross operating margin | 9900 | €-14k |
| Operating result | 9901 | €-43k |
| Financial income | 75 | €147 |
| Financial charges | 65 | €32k |
| Result before taxes | 9903 | €-75k |
| Net result for the period | 9904 | €-75k |
| Result to be appropriated | 9905 | €-75k |
| NACE primary | Head offices & management consulting(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 30-12-2020 |
| Status | Active |
| Postal code | 1730 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23322L0056/00G000 | Flanders | 546 m² | 1 · 387 m² | 11.2 m · 2 fl. |
| 23322L0074/00E000 | Flanders | 350 m² | 1 · 345 m² | 11.8 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
14-03-2023 Registered office moved within ASSE
- KALKOVEN 21 BUS 1, 1730 ASSE → Kalkoven 14 bus 1 te 1730 Asse
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Kalkoven 14 bus 1 te 1730 Asse",
"city": "ASSE",
"region": "vlaams_gewest",
"street": "KALKOVEN",
"country": "BE",
"postcode": "1730",
"box_number": "1",
"street_number": "14",
"locality_suffix": null
},
"old_address": {
"raw": "KALKOVEN 21 BUS 1, 1730 ASSE",
"city": "ASSE",
"region": "vlaams_gewest",
"street": "KALKOVEN",
"country": "BE",
"postcode": "1730",
"box_number": "1",
"street_number": "21",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "De vergadering beslist om het adres van de maatschappelijke zetel te wijzigen van Kalkoven 21 bus 1 te 1730 Asse naar Kalkoven 14 bus 1 te 1730 Asse.",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": null,
"statutaire_vs_werkelijke": "beide",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2023-03-14",
"filing_date": "2023-03-14",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"date": "2023-02-20",
"unanimous": true
},
"subject_company": {
"kbo": "0760.696.467",
"name_full": "MADE PROJECTS",
"legal_form": "BESLOTEN VENNOOTSCHAP"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Devriendt Marlene",
"org_rep_person_name": null,
"person_role_at_subject": "bestuurder"
},
"co_filed_documents": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | MADE PROJECTS |