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Madras Bruxelles

Active
Non-profit associationfounded 2011active for 14 yearsErasmusstraat 2, 1070 Anderlecht, BelgiumKBO/BCE: BE 0841.604.563
Summary

Madras Bruxelles has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €79,754 and a net result of €25,109. Equity is growing by about 17% per year across the filed financial years. Its solvency ranks better than 27% of 514 sector peers (NACE 88, financial year 2024). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
Madras BruxellesActiveChecked score 57/100
Risk analysis ReportCompare

Overview

Activity
Social work activities without accommodation
NACE 88106
1 site
Size
≈ €550,000turnover 2024, estimated
Staff
6.3 FTE
Equity
€79,754
Surplus
€25,109
Turnover estimated from the gross margin
Financial health
57 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts not filed, 90 days past the deadline2 of 7 deeds summarised
Why 57raises riskCapped at 59: a confirmed filing findingLast filed accounts filed 74 days late; 2 of the last 3 latelowers riskLegal form: non-profit associationLiquidity: current ratio 5.26, cash €290,270Sector: Social work activities without accommodation (NACE 88)Show the evidence

Checked score

Score 2024
57 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 65% of its sector peers (NACE 88, micro)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency 49+3
equity 23.8% of total assets
Liquidity 94+2
short-term debt 18.9% · cash 86.8%
Profitability 78+7
return on assets 7.5%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (1,127 companies, NACE 88, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025highest value 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €4,500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 5.26, compared with 4.43 in 2023, above the usual 1.5; short-term debt: 18.9% and cash: 86.8% of total assets), but 76.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 88, micro): better than 31% on solvency, 89% on liquidity, 61% on profitability and 81% on growth.

The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
lowers risk · Legal form: non-profit association
KBO
lowers risk · Liquidity: current ratio 5.26, cash €290,270
NBB · annual accounts
lowers risk · Sector: Social work activities without accommodation (NACE 88)
KBO
raises risk · Last filed accounts filed 74 days late; 2 of the last 3 late
NBB · filings
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 90 days later.
NBB · 6 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline29-10-2026 today
raises risk · 2024 accounts filed 74 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-10-2025, 74 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filings
Deviation from the deadline
2025
not filed
2024
74 days late
2023
29 days late
2022
31 days late
2021
31 days late
2020
31 days late
2019
214 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 68 days after the deadline; the sector median (NACE 88) for financial year 2024 is 24 days before the deadline, and 25% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · full…
  2. Highest result from 2019 to 2024net €25,109 ▲431%
  3. Annual accounts filedfinancial year 2023 · full…

Key points

  • Caution: 2025 accounts not fileddeadline was 31-07-2026 90 days past the deadline View
  • Positive: 6 profitable years in a rowprofit 2024: €25,109 6 years View
  • One director decidessole director in office 1 View

By topic

Financials

Financial year
2024
Total assets
€334,491
Profit
€25,109
Solvency
23.8%
Total assets▲ 30.7%
Net result
20192024
Go to Financials

Timeline

Events
9
Since
2021
  1. 15-05-2024Registered office
  2. 07-02-2024Resignation: FONDATION PRIVEE 'LES SERVICES D'INCLUSION' (director)
  3. 31-08-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Non-profit association
Activity
Social work activities without accommodationNACE 88106
Founded
07-12-2011
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Articles of association

Provisions read
29
Purpose
“Amener les proches à la prise de conscience de ce qu'est un réseau privé et professionnel…” (deed in French)
Go to Articles of association

Key facts about Madras Bruxelles

What is the company number of Madras Bruxelles?
0841.604.563. In Belgium the VAT number is the company number with BE in front: BE 0841.604.563.
Where is Madras Bruxelles based?
The registered office is at Erasmusstraat 2, 1070 Anderlecht.Company details
What does Madras Bruxelles do?
According to the KBO register, the main activity is social work activities without accommodation (NACE 88106).
What is the legal form of Madras Bruxelles?
Non-profit association (VZW).
When was Madras Bruxelles founded?
On 07-12-2011.
Is Madras Bruxelles still active?
Yes, Madras Bruxelles is an active enterprise in the KBO register.
How many employees does Madras Bruxelles have?
On average 6.3 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of Madras Bruxelles?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Madras Bruxelles profitable?
In financial year 2024, Madras Bruxelles made a profit of €25,109.
Where can I find the annual accounts of Madras Bruxelles?
Madras Bruxelles filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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