MADITUM
ActiveSummary
MADITUM has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €52,376 and a net result of €9,560. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 16% of 32629 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▼-1
Solvency34=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity short (current ratio 0.27 against 0.17 in 2024; short-term debt: 90.9% and cash: 24.4% of total assets), and 90.9% of the assets are financed with debt.
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Signals
Six 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
9.1%
Return on assets
1.7%
Age of the figures
9 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 32629 sector peers (2025).
NBB · sector comparisonPosition among 32629 sector peers
Solvency
better than 16%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €52,376
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
29 d late
2023
12 d late
2022
25 d late
2021
30 d early
2020
24 d early
2019
3 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 2 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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. Usually files around 13 August (4 of the last 5 filed years within 35 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€52,376▲ 22.3%
2024 · €42,816
Total assets
€578,664▲ 21.9%
2024 · €474,667
Net result
€9,560▼ 18.1%
2024 · €11,675
Working capital
-€385,302▼ 8.1%
2024 · -€356,395
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€914▲ 62.4%-€965▼ 5.5%-€821▲ 14.9%€13,341€25,705▲ 92.7%
Net result-€990below the sector's middle half▲ 60.5%-€1,053below the sector's middle half▼ 6.4%-€807below the sector's middle half▲ 23.4%€11,675within the sector's middle half€9,560within the sector's middle half▼ 18.1%
Equity€33,000within the sector's middle half▼ 2.9%€31,947within the sector's middle half▼ 3.2%€31,140within the sector's middle half▼ 2.5%€42,816within the sector's middle half▲ 37.5%€52,376within the sector's middle half▲ 22.3%
Total assets€33,048below the sector's middle half▼ 2.9%€31,995below the sector's middle half▼ 3.2%€31,188below the sector's middle half▼ 2.5%€474,667above the sector's middle half▲ 1,422%€578,664above the sector's middle half▲ 21.9%
Debt€48=€48=€48=€431,852▲ 898,654%€526,288▲ 21.9%
Working capital€33,000within the sector's middle half▼ 2.9%€31,947within the sector's middle half▼ 3.2%€31,140within the sector's middle half▼ 2.5%-€356,395below the sector's middle half-€385,302below the sector's middle half▼ 8.1%
Solvency99.9%above the sector's middle half=99.8%above the sector's middle half=99.8%above the sector's middle half=9.0%below the sector's middle half▼ 90.8pp9.1%below the sector's middle half=
Current ratio0.17below the sector's middle half0.27below the sector's middle half▲ 0.09
Return on assets (ROA)-3.0%below the sector's middle half▲ 4.4pp-3.3%below the sector's middle half▼ 0.3pp-2.6%below the sector's middle half▲ 0.7pp2.5%within the sector's middle half▲ 5.0pp1.7%below the sector's middle half▼ 0.8pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 93% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €578,664
Fixed assets
€437,677 ▲ 9.6%
Current assets
€140,987 ▲ 86.8%
Equity and liabilities €578,664
Equity
€52,376 ▲ 22.3%
Debt
€526,288 ▲ 21.9%
Debt's share of the balance-sheet total stays at 90.9%.
Key figures and ratios
EBITDA
€48,370▲
2024 · €23,207
Cash flow
€32,226▲
2024 · €21,540
Debt to equity
10.05▼
2024 · 10.09
ROE
18.3%▼
2024 · 27.3%
Interest coverage
63.79▼
2024 · 144.34
Debt ≤ 1 year
€526,288▲
2024 · €431,852
Income taxes
€15,618▲
2024 · €1,505
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €9,865 | €22,665 | ▲ 130% |
| Other operating charges640/8 | - | - | €821 | €4,741 | €22,134 | ▲ 367% |
| Gross operating margin9900 | -€914 | -€965 | - | €27,948 | €70,504 | ▲ 152% |
| Operating profit (loss)9901 | -€914 | -€965 | -€821 | €13,341 | €25,705 | ▲ 92.7% |
| Financial income75/76B | - | - | €62 | - | €231 | - |
| Recurring financial income75 | - | - | €62 | - | €231 | - |
| Financial charges65/66B | €76 | €88 | €48 | €161 | €758 | ▲ 372% |
| Recurring financial charges65 | €76 | €88 | €48 | €161 | €758 | ▲ 372% |
| Profit (loss) for the period before taxes9903 | -€990 | -€1,053 | -€807 | €13,180 | €25,178 | ▲ 91.0% |
| Income taxes67/77 | - | - | - | €1,505 | €15,618 | ▲ 938% |
| Profit (loss) for the period9904 | -€990 | -€1,053 | -€807 | €11,675 | €9,560 | ▼ 18.1% |
| Profit (loss) for the period to be appropriated9905 | -€990 | -€1,053 | -€807 | €11,675 | €9,560 | ▼ 18.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €33,048 | €31,995 | €31,188 | €474,667 | €578,664 | ▲ 21.9% |
| Fixed assets21/28 | - | - | - | €399,211 | €437,677 | ▲ 9.6% |
| Tangible fixed assets22/27 | - | - | - | €47,595 | €86,061 | ▲ 80.8% |
| Furniture and vehicles24 | - | - | - | €47,595 | €86,061 | ▲ 80.8% |
| Financial fixed assets28 | - | - | - | €351,616 | €351,616 | = |
| Current assets29/58 | €33,048 | €31,995 | €31,188 | €75,456 | €140,987 | ▲ 86.8% |
| Amounts receivable within one year40/41 | €573 | - | €15 | €18,165 | - | - |
| Trade receivables40 | - | - | - | €18,150 | - | - |
| Other amounts receivable41 | €573 | - | €15 | €15 | - | - |
| Cash at bank and in hand54/58 | €32,475 | €31,995 | €31,174 | €57,291 | €140,987 | ▲ 146% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €33,048 | €31,995 | €31,188 | €474,667 | €578,664 | ▲ 21.9% |
| Equity10/15 | €33,000 | €31,947 | €31,140 | €42,816 | €52,376 | ▲ 22.3% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Outside capital11 | €18,600 | €18,600 | - | - | - | - |
| Other1109/19 | €18,600 | €18,600 | - | - | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €13,535 | €23,035 | ▲ 70.2% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | - | - | €13,535 | €23,035 | ▲ 70.2% |
| Profit (loss) carried forward14 | €12,540 | €11,487 | €10,680 | €10,681 | €10,741 | ▲ 0.6% |
| Amounts payable17/49 | €48 | €48 | €48 | €431,852 | €526,288 | ▲ 21.9% |
| Amounts payable within one year42/48 | €48 | €48 | €48 | €431,852 | €526,288 | ▲ 21.9% |
| Trade debts44 | - | - | - | €461 | - | - |
| Suppliers440/4 | - | - | - | €461 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €10,739 | €27,052 | ▲ 152% |
| Taxes450/3 | - | - | - | €10,739 | €27,052 | ▲ 152% |
| Other amounts payable47/48 | €48 | €48 | €48 | €420,651 | €499,236 | ▲ 18.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€990 | -€1,053 | -€807 | €11,675 | €9,560 | ▼ 18.1% |
| + Depreciation and write-downs630 | - | - | - | €9,865 | €22,665 | ▲ 130% |
| Operating cash flow (approximation) | -€990 | -€1,053 | -€807 | €21,540 | €32,226 | ▲ 49.6% |
| Investment in fixed assets (approximation) | - | - | - | - | -€61,132 | - |
| Change in cash | - | -€480 | -€822 | €26,118 | €83,695 | ▲ 220% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €11,675
Net result €11,675 after 6 loss-making years.
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity times 198current ratio 708.38
Current ratio from 3.58 to 708.38; short-term debt falls from €11,761 to €48.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet -€33,608
Net result drops to -€33,608, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
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.
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Directors · office · real estate
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Dilbeek · 1 establishment unit since 2014
Ground area
1,371 m²
Building footprint
167 m²
Volume, LiDAR
932 m³
Parcel 23016B0099/00P003, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MADITUM
since 20142.236.053.601
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23016B0099/00P003 | Flanders | 1,371 m² | 1 · 167 m² | 7.7 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.
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Of 82,601 companies in this sector we hold annual accounts for 52,629. 38,332 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded21-10-2014
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0564910776
Registered
03-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.