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MADEXPERIENCE

Active
Private limited companyfounded 20233 yrs activeAugust De Boeckstraat(BEV) 12, 9120 Beveren-Kruibeke-Zwijndrecht, BelgiumKBO/BCE: BE 0799.724.616
Summary

The computed 12-month bankruptcy probability of MADEXPERIENCE is 3.9% (moderate). The annual accounts of MADEXPERIENCE for fiscal year 2025 show a net loss of 60% of the equity at the start of that year. The 2025 annual accounts show equity of €147 and a net result of -€222. Equity is shrinking by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 15% of 453 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability68▼-2
Solvency25▼-1
Growth32▼-46
Track record94
Bankruptcy probability, 12 months
3.9% Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.79 against 0.59 in 2024; short-term debt: 99.7% and cash: 65.9% of total assets), and 99.7% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 79
Relative position
BE, all sectors
reference
Travel agency, tour operator and other reservation service and related activities (NACE 79)
about 121% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 2025
Solvency, return and age of the figures
Solvency
0.3%
Return on assets
-0.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 453 sector peers (2025).
NBB · sector comparison
Position among 453 sector peers
Solvency
better than 15%
← weakest strongest →
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 23-07-2026, 8 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
8 d early
2024
2 d early
2023
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 7 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

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 months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

MADEXPERIENCE was incorporated on 20 March 2023 as a Private limited company.1 Total assets fell from EUR 60,153 in 2023 to EUR 44,255 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€147▼ 60.1%
2024 · €369
Total assets
€44,255▲ 36.7%
2024 · €32,380
Net result
-€222
2024 · €196
Working capital
-€9,383▲ 27.8%
2024 · -€12,989
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 79, Travel agency, tour operator and other reservation service and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result€1,316-€1,519▲ 15.5%€651▼ 57.2%
Net result€172within the sector's middle half-€196within the sector's middle half▲ 13.9%-€222within the sector's middle half
Equity€172below the sector's middle half-€369below the sector's middle half▲ 114%€147below the sector's middle half▼ 60.1%
Total assets€60,153below the sector's middle half-€32,380below the sector's middle half▼ 46.2%€44,255below the sector's middle half▲ 36.7%
Debt€59,981-€32,011▼ 46.6%€44,108▲ 37.8%
Working capital-€2,635below the sector's middle half--€12,989below the sector's middle half▼ 393%-€9,383below the sector's middle half▲ 27.8%
Solvency0.3%below the sector's middle half-1.1%below the sector's middle half▲ 0.9pp0.3%below the sector's middle half▼ 0.8pp
Current ratio0.96below the sector's middle half-0.59below the sector's middle half▼ 0.360.79below the sector's middle half▲ 0.19
Return on assets (ROA)0.3%within the sector's middle half-0.6%within the sector's middle half▲ 0.3pp-0.5%within the sector's middle half▼ 1.1pp
above within below the middle half (P25 to P75) of NACE 79, Travel agency, tour operator and other reservation service and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€500€0€500€1,000€1,500Operating result 2023: €1,316€1,316Net result 2023: €172€172Operating result 2024: €1,519€1,519Net result 2024: €196€196Operating result 2025: €651€651Net result 2025: -€222-€222202320242025-€500€0€500€1,000€1,500Operating result 2023: €1,316€1,320Net result 2023: €172€172Operating result 2024: €1,519€1,520Net result 2024: €196€196Operating result 2025: €651€651Net result 2025: -€222-€222202320242025
The operating result falls in 2025; 2025 is 57% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €44,255
Fixed assets €9,530 ▼ 28.7%
Current assets €34,725 ▲ 82.6%
Equity and liabilities €44,255
Equity €147 ▼ 60.1%
Debt €44,108 ▲ 37.8%
Debt's share of the balance-sheet total rises from 98.9% to 99.7%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€4,479▲
2024 · €4,191
Cash flow
€3,606▲
2024 · €2,869
Interest coverage
10.29▲
2024 · 8.60
Debt ≤ 1 year
€44,108▲
2024 · €32,011
Income taxes
€516▼
2024 · €943
Equity ratios withheld: equity of €147 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,303 companies that looked in July 2024 the way this one looks now, 5.2% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a small loss
5.2% went bankrupt
1.5% stopped otherwise
92% still going

A further 1.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,303 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€32,380€44,255▲
Fixed assets21/28€13,358€9,530▼
Tangible fixed assets22/27€13,358€9,530▼
Land and buildings22€10,016€7,731▼
Plant, machinery and equipment23€1,479€879▼
Furniture and vehicles24€1,864€920▼
Current assets29/58€19,021€34,725▲
Amounts receivable within one year40/41€3,778€304▼
Trade receivables40€3,217€0▼
Other amounts receivable41€561€304▼
Cash at bank and in hand54/58€14,276€29,169▲
Deferred charges and accrued income490/1€968€5,252▲
Equity and liabilities
Total equity and liabilities10/49€32,380€44,255▲
Equity10/15€369€147▼
Profit (loss) carried forward14€369€147▼
Amounts payable17/49€32,011€44,108▲
Amounts payable within one year42/48€32,011€44,108▲
Financial debts43€126€737▲
Credit institutions430/8€126€737▲
Trade debts44€1,936€1,259▼
Suppliers440/4€1,936€1,259▼
Advances received on contracts in progress46€28,962€34,755▲
Taxes, remuneration and social security45€943€1,459▲
Taxes450/3€943€1,459▲
Other amounts payable47/48€44€5,897▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,672€3,828▲
Other operating charges640/8€535€907▲
Gross operating margin9900€4,726€5,386▲
Operating profit (loss)9901€1,519€651▼
Financial income75/76B€108€79▼
Recurring financial income75€108€79▼
Financial charges65/66B€487€435▼
Recurring financial charges65€487€435▼
Profit (loss) for the period before taxes9903€1,140€295▼
Income taxes67/77€943€516▼
Profit (loss) for the period9904€196-€222▼
Profit (loss) for the period to be appropriated9905€196-€222▼
Appropriation of the result
Profit (loss) to be appropriated9906€369€147▼
Profit (loss) brought forward from the previous period14P€172€369▲

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23€2,672€3,828▲ 43.2%
Other operating charges640/8-€535€907▲ 69.5%
Gross operating margin9900€1,339€4,726€5,386▲ 14.0%
Operating profit (loss)9901€1,316€1,519€651▼ 57.2%
Financial income75/76B€13€108€79▼ 26.7%
Recurring financial income75€13€108€79▼ 26.7%
Financial charges65/66B€193€487€435▼ 10.7%
Recurring financial charges65€193€487€435▼ 10.7%
Profit (loss) for the period before taxes9903€1,135€1,140€295▼ 74.2%
Income taxes67/77€963€943€516▼ 45.3%
Profit (loss) for the period9904€172€196-€222▼ 213%
Profit (loss) for the period to be appropriated9905€172€196-€222▼ 213%
Line202320242025Change
Assets
Total assets20/58€60,153€32,380€44,255▲ 36.7%
Fixed assets21/28€2,807€13,358€9,530▼ 28.7%
Tangible fixed assets22/27€2,807€13,358€9,530▼ 28.7%
Land and buildings22-€10,016€7,731▼ 22.8%
Plant, machinery and equipment23-€1,479€879▼ 40.6%
Furniture and vehicles24€2,807€1,864€920▼ 50.6%
Current assets29/58€57,346€19,021€34,725▲ 82.6%
Amounts receivable within one year40/41€37,898€3,778€304▼ 92.0%
Trade receivables40€36,860€3,217€0▼ 100%
Other amounts receivable41€1,037€561€304▼ 45.9%
Cash at bank and in hand54/58€15,655€14,276€29,169▲ 104%
Deferred charges and accrued income490/1€3,793€968€5,252▲ 443%
Equity and liabilities
Total equity and liabilities10/49€60,153€32,380€44,255▲ 36.7%
Equity10/15€172€369€147▼ 60.1%
Profit (loss) carried forward14€172€369€147▼ 60.1%
Amounts payable17/49€59,981€32,011€44,108▲ 37.8%
Amounts payable within one year42/48€59,981€32,011€44,108▲ 37.8%
Financial debts43€387€126€737▲ 485%
Credit institutions430/8€387€126€737▲ 485%
Trade debts44€624€1,936€1,259▼ 35.0%
Suppliers440/4€624€1,936€1,259▼ 35.0%
Advances received on contracts in progress46€58,007€28,962€34,755▲ 20.0%
Taxes, remuneration and social security45€963€943€1,459▲ 54.7%
Taxes450/3€963€943€1,459▲ 54.7%
Other amounts payable47/48-€44€5,897▲ 13,437%
Line202320242025Change
Profit (loss) for the period9904€172€196-€222▼ 213%
+ Depreciation and write-downs630€23€2,672€3,828▲ 43.2%
Operating cash flow (approximation)€196€2,869€3,606▲ 25.7%
Investment in fixed assets (approximation)--€13,223€0▲ 100%
Change in cash--€1,380€14,894▲ 1,180%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
23-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet -€222
Net result drops to -€222, the lowest in the series.
29-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2023net €196 ▲13.9%
Operating result €1,519, net result €196, both a record.
31-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
3 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
731 m²
Building footprint
196 m²
Volume, LiDAR
881 m³
Parcel 46503C0888/00G000, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MADEXPERIENCE
August De Boeckstraat(BEV) 12, 9120 Beveren-Kruibeke-ZwijndrechtComputing infrastructure, data processing, hosting and other information service activities
since 20232.343.289.376
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46503C0888/00G000 Flanders 731 m² 1 · 196 m² 7.0 m · 2 fl.
Linked by address, not proof of ownership
Good to know
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

Of 1,439 companies in sector 79110 we hold annual accounts for 882. 8 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded20-03-2023
Fiscal year end31-12
Activities, NACEBEL 2025
79110Travel agency activities
79120Travel agency, tour operator and other reservation service and related activities
79901Tourist information services
Contact
E-mail info@madexperience.be
E-invoicing
Reachable via Peppol
Peppol ID 0208:0799724616
Also 9925:BE0799724616
Registered 22-07-2025

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.