Madele Bouwprojecten
ActiveMadele Bouwprojecten has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €378k and a net result of €1k. Equity is growing by ~20% per year across the filed fiscal years. Its solvency ranks better than 50% of 2149 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
69
/ 100
Healthy▼ -10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability2▼-22
Solvency63▼-23
Growth52=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.25 against 1.79 in 2024), and 62.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
37.2%
Return on assets
0.1%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 20-12-2025, 42 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
42 d early
2024
19 d early
2023
3 d early
2022
33 d early
2021
35 d early
2020
34 d early
2019
36 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close14-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€378k▲ 0.3%
2024 · €376k
2019: €89k
2020: €127k
2021: €213k
2022: €288k
2023: €358k
2024: €376k
2019 → 2025
Total assets
€1.02M▲ 23.0%
2024 · €826k
2019: €214k
2020: €537k
2021: €377k
2022: €842k
2023: €795k
2024: €826k
2019 → 2025
Net result
€1k▼ 93.4%
2024 · €18k
2019: €21k
2020: €39k
2021: €91k
2022: €89k
2023: €70k
2024: €18k
2019 → 2025
Working capital
€111k▼ 34.5%
2024 · €169k
2019: €36k
2020: €91k
2021: €153k
2022: €186k
2023: €240k
2024: €169k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€213k-€288k▲ 34.9%€358k▲ 24.5%€376k▲ 5.1%€378k▲ 0.3%
Operating result€115k-€100k▼ 13.0%€93k▼ 7.0%€40k▼ 56.8%€12k▼ 70.3%
Net result€91k-€89k▼ 1.3%€70k▼ 21.3%€18k▼ 74.1%€1k▼ 93.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 70% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.02M
Fixed assets
€465k▲ 4.6%
Current assets
€551k▲ 44.4%
Equity and liabilities €1.02M
Equity
€378k▲ 0.3%
Debt
€638k▲ 42.0%
The debt ratio rises from 54.4% to 62.8%: debt grows faster than equity.
Key figures and ratios
EBITDA
€66k▼
2024 · €73k
Cash flow
€55k▲
2024 · €51k
Solvency
37.2%▼
2024 · 45.6%
Current ratio
1.25▼
2024 · 1.79
Quick ratio
0.85▼
2024 · 1.72
Debt / equity
1.69▲
2024 · 1.19
ROE
0.3%▼
2024 · 4.9%
ROA
0.1%▼
2024 · 2.2%
Interest coverage
6.75▲
2024 · 4.65
Debt
€638k▲
2024 · €449k
Debt ≤ 1 year
€441k▲
2024 · €213k
Debt > 1 year
€193k▼
2024 · €237k
Income taxes
€2k▼
2024 · €7k
Staff costs
€42k▲
2024 · €41k
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€826k€1.02M▲
Fixed assets21/28€444k€465k▲
Tangible fixed assets22/27€444k€465k▲
Land and buildings22€186k€244k▲
Plant, machinery and equipment23€151k€137k▼
Furniture and vehicles24€107k€83k▼
Current assets29/58€382k€551k▲
Stocks and contracts in progress3€15k€179k▲
Stocks30/36€0€139k▲
Contracts in progress37€15k€40k▲
Amounts receivable within one year40/41€265k€241k▼
Trade receivables40€93k€69k▼
Other amounts receivable41€172k€172k▼
Cash at bank and in hand54/58€95k€87k▼
Deferred charges and accrued income490/1€6k€44k▲
Equity and liabilities
Total equity and liabilities10/49€826k€1.02M▲
Equity10/15€376k€378k▲
Contributions10/11€100k€100k=
Reserves13€276k€278k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€276k€278k▲
Amounts payable17/49€449k€638k▲
Amounts payable after more than one year17€237k€193k▼
Financial debts170/4€237k€193k▼
Amounts payable within one year42/48€213k€441k▲
Current portion of amounts payable after more than one year42€42k€43k▲
Financial debts43€0€149k▲
Credit institutions430/8€0€149k▲
Trade debts44€34k€32k▼
Suppliers440/4€34k€32k▼
Taxes, remuneration and social security45€42k€12k▼
Taxes450/3€34k€6k▼
Remuneration and social security454/9€7k€6k▼
Other amounts payable47/48€95k€205k▲
Accrued charges and deferred income492/3-€4k
Income statement
Code20242025
Non-recurring operating income76A€20k€0▼
Remuneration, social security and pensions62€41k€42k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€54k▲
Other operating charges640/8€2k€4k▲
Non-recurring operating charges66A€355€0▼
Gross operating margin9900€117k€112k▼
Operating profit (loss)9901€40k€12k▼
Financial income75/76B€629€932▲
Recurring financial income75€629€932▲
Financial charges65/66B€16k€10k▼
Recurring financial charges65€16k€10k▼
Profit (loss) for the period before taxes9903€25k€3k▼
Income taxes67/77€7k€2k▼
Profit (loss) for the period9904€18k€1k▼
Profit (loss) for the period to be appropriated9905€18k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€18k€1k▼
Transfer to equity691/2€18k€1k▼
To other reserves6921€18k€1k▼
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (15 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
20-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Weakest financial yearnet €1k ▼93.4%
Net result drops to €1k, the lowest in the series.
12-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
29-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
27-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Highest result since 2019net €91k ▲133%
Operating result €115k, net result €91k, both a record.
30-06
Financial
Equity above €200kEq €213k ▲67.2%
3 profitable years in a row build equity to €213k.
2020
28-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Equity above €100kEq €127k ▲44%
2 profitable years in a row build equity to €127k.
2019
26-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
24-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · 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, Aalter · 1 establishment unit since 2016
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.
Urselseweg 609910 AalterGround area
812 m²
Building footprint
121 m²
Volume, LiDAR
772 m³
Parcel 44029C0436/00P000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bouwprojecten Van de Kerckhove
since 20162.254.265.746
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44029C0436/00P000 | Flanders | 812 m² | 1 · 121 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
ENTREPRISES MICHEL DELMELLE ET FILS SPRL
BE 0821.407.381
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JOHAN VAN DRIESSCHE
BE 0471.192.247
Denderleeuw · Eq €378k
AGESS PROJECTS
BE 0562.801.918
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DEMUL TOM
BE 0843.990.664
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POUILLON PETER
BE 0470.269.460
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Of 29,535 companies in sector 41001 we hold annual accounts for 15,871. 10,154 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-06-2016
Fiscal year end30-06
Activities, NACEBEL
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.