MadebyHanna
ActiveSummary
MadebyHanna has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €65k and a net result of €-17k. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 34% of 3480 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability9▼-69
Solvency56▼-11
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 2.8 against 2.5 in 2024; short-term debt: 25.2% and cash: 32.9% of total assets), but 69% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 74
Relative position
BE, all sectors
reference
Sector 74
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 · 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
31%
Return on assets
-8%
Age of the figures
9 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
31 d late
2023
31 d late
2022
3 d late
2021
17 d late
2020
24 d late
2019
90 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€65k▼ 20.6%
2024 · €82k
2018: €49k
2019: €49k
2020: €48k
2021: €52k
2022: €52k
2023: €67k
2024: €82k
2018 → 2025
Total assets
€211k▲ 6.6%
2024 · €198k
2018: €63k
2019: €135k
2020: €131k
2021: €139k
2022: €156k
2023: €186k
2024: €198k
2018 → 2025
Net result
€-17k
2024 · €15k
2018: €488
2019: €-664
2020: €-260
2021: €3k
2022: €331
2023: €15k
2024: €15k
2018 → 2025
Working capital
€96k▲ 28.0%
2024 · €75k
2018: €43k
2019: €50k
2020: €50k
2021: €47k
2022: €40k
2023: €63k
2024: €75k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€52k-€52k▲ 0.6%€67k▲ 28.6%€82k▲ 22.9%€65k▼ 20.6%
Operating result€6k-€2k▼ 61.3%€23k▲ 932%€24k▲ 3.6%€-15k
Net result€3k-€331▼ 89.8%€15k▲ 4,400%€15k▲ 3.1%€-17k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €15k after €24k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €211k
Fixed assets
€62k ▼ 15.3%
Current assets
€149k ▲ 19.4%
Equity and liabilities €211k
Equity
€65k ▼ 20.6%
Debt
€146k ▲ 25.9%
Debt's share of the balance-sheet total rises from 58.4% to 69.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-3k▼
2024 · €38k
Cash flow
€-5k▼
2024 · €29k
Current ratio
2.80▲
2024 · 2.50
Quick ratio
2.76▲
2024 · 2.46
Debt to equity
2.23▲
2024 · 1.40
ROE
-26.0%▼
2024 · 18.7%
ROA
-8.0%▼
2024 · 7.8%
Interest coverage
-1.15▼
2024 · 15.17
Debt ≤ 1 year
€53k▲
2024 · €50k
Debt > 1 year
€55k▼
2024 · €62k
Income taxes
€159▼
2024 · €7k
Staff costs
€43k▲
2024 · €40k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€198k€211k▲
Fixed assets21/28€73k€62k▼
Intangible fixed assets21€1k€347▼
Tangible fixed assets22/27€72k€61k▼
Land and buildings22€51k€48k▼
Plant, machinery and equipment23€6k€4k▼
Furniture and vehicles24€2k€2k▼
Leasing and similar rights25€12k€8k▼
Financial fixed assets28€170€170=
Current assets29/58€125k€149k▲
Stocks and contracts in progress3€2k€2k=
Stocks30/36€2k€2k=
Amounts receivable within one year40/41€93k€76k▼
Trade receivables40€88k€76k▼
Other amounts receivable41€5k-
Cash at bank and in hand54/58€28k€69k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€198k€211k▲
Equity10/15€82k€65k▼
Contributions10/11€19k€19k=
Reserves13€36k€36k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€142€142=
Distributable reserves133€34k€34k=
Profit (loss) carried forward14€28k€11k▼
Amounts payable17/49€116k€146k▲
Amounts payable after more than one year17€62k€55k▼
Financial debts170/4€62k€55k▼
Amounts payable within one year42/48€50k€53k▲
Current portion of amounts payable after more than one year42€7k€7k▲
Trade debts44€17k€16k▼
Suppliers440/4€17k€16k▼
Taxes, remuneration and social security45€26k€29k▲
Taxes450/3€20k€20k▲
Remuneration and social security454/9€6k€8k▲
Other amounts payable47/48-€2k
Accrued charges and deferred income492/3€3k€38k▲
Income statement
Code20242025
Remuneration, social security and pensions62€40k€43k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€12k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€79k€42k▼
Operating profit (loss)9901€24k€-15k▼
Financial income75/76B€609€197▼
Recurring financial income75€609€197▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€22k€-17k▼
Income taxes67/77€7k€159▼
Profit (loss) for the period9904€15k€-17k▼
Profit (loss) for the period to be appropriated9905€15k€-17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€38k€11k▼
Profit (loss) brought forward from the previous period14P€22k€28k▲
Transfer to equity691/2€10k-
To other reserves6921€10k-
The notes to these accounts (10 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-17k ▼211%
Net result drops to €-17k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Highest result since 2018net €15k ▲3.1%
Operating result €24k, net result €15k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
03-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2022
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 16 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, Antwerpen · 1 establishment unit since 2011
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.
Bothastraat 57A2140 AntwerpenGround area
1,788 m²
Building footprint
1,272 m²
Volume, LiDAR
7,324 m³
2 parcels, Flanders · tallest building 13.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MadebyHanna
since 20112.204.211.667
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11312A1143/00D005 | Flanders | 1,498 m² | 1 · 1,162 m² | 8.5 m · 2 fl. |
| 11312A1143/00F005 | Flanders | 290 m² | 1 · 110 m² | 13.2 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.
Similar companies · same sector, comparable size
URUKU
BE 0728.500.286
Brugge · Eq €65,053
SANZA
BE 0887.217.032
Diest · Eq €65,806
BADGEMAN
BE 0452.868.452
Retie · Eq €64,861
ABSTRA
BE 0784.395.052
Saint-Ghislain · Eq €65,857
BoldType
BE 0779.691.245
Merksplas · Eq €64,792
Of 6,295 companies in sector 74120 we hold annual accounts for 1,011. 857 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-07-2011
Fiscal year end31-12
Trade name NL
Goed Goed
Activities, NACEBEL 2025
74120Graphic design and visual communication
74140Other specialised design activities
18130Pre-press and pre-media services
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.