MADRIX
ActiveMADRIX has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €199k and a net result of €25k. Equity is growing by ~31.1% per year across the filed fiscal years. Its solvency ranks better than 69% of 31510 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability64▲+12
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 4.67 against 3.53 in 2024), and 26.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers 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
Sector 70
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
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
73.6%
Return on assets
9.4%
Age of the figures
8 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 13-05-2026, 79 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
79 d early
2024
29 d early
2023
29 d early
2022
7 d late
2021
17 d early
2020
89 d early
2019
53 d early
← before the deadline
after the deadline →
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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€199k▲ 14.6%
2024 · €174k
2018: €1k
2019: €24k
2020: €51k
2021: €77k
2022: €112k
2023: €156k
2024: €174k
2018 → 2025
Total assets
€270k▲ 1.1%
2024 · €267k
2018: €140k
2019: €141k
2020: €151k
2021: €179k
2022: €238k
2023: €269k
2024: €267k
2018 → 2025
Net result
€25k▲ 41.8%
2024 · €18k
2018: €-3k
2019: €16k
2020: €27k
2021: €26k
2022: €35k
2023: €44k
2024: €18k
2018 → 2025
Working capital
€135k▲ 20.7%
2024 · €112k
2018: €-33k
2019: €-12k
2020: €7k
2021: €29k
2022: €67k
2023: €95k
2024: €112k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€77k-€112k▲ 46.1%€156k▲ 39.1%€174k▲ 11.5%€199k▲ 14.6%
Operating result€40k-€53k▲ 32.7%€59k▲ 11.4%€20k▼ 65.7%€30k▲ 48.1%
Net result€26k-€35k▲ 36.5%€44k▲ 23.8%€18k▼ 59.1%€25k▲ 41.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 48% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €270k
Fixed assets
€99k▼ 11.4%
Current assets
€171k▲ 10.1%
Equity and liabilities €270k
Equity
€199k▲ 14.6%
Debt
€71k▼ 23.9%
The debt ratio falls from 35.1% to 26.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€43k▲
2024 · €33k
Cash flow
€38k▲
2024 · €31k
Solvency
73.6%▲
2024 · 64.9%
Current ratio
4.67▲
2024 · 3.53
Quick ratio
4.67▲
2024 · 3.53
Debt / equity
0.36▼
2024 · 0.54
ROE
12.8%▲
2024 · 10.3%
ROA
9.4%▲
2024 · 6.7%
Interest coverage
13.46▲
2024 · 11.10
Debt
€71k▼
2024 · €94k
Debt ≤ 1 year
€37k▼
2024 · €44k
Debt > 1 year
€35k▼
2024 · €50k
Income taxes
€10k▲
2024 · €7k
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€267k€270k▲
Fixed assets21/28€112k€99k▼
Tangible fixed assets22/27€112k€99k▼
Land and buildings22€111k€99k▼
Plant, machinery and equipment23€317€59▼
Furniture and vehicles24€439€182▼
Current assets29/58€156k€171k▲
Amounts receivable within one year40/41€140k€159k▲
Trade receivables40€5k€4k▼
Other amounts receivable41€135k€155k▲
Cash at bank and in hand54/58€7k€3k▼
Deferred charges and accrued income490/1€8k€9k▲
Equity and liabilities
Total equity and liabilities10/49€267k€270k▲
Equity10/15€174k€199k▲
Contributions10/11€12k€12k=
Reserves13€161k€187k▲
Distributable reserves133€161k€187k▲
Amounts payable17/49€94k€71k▼
Amounts payable after more than one year17€50k€35k▼
Financial debts170/4€50k€35k▼
Amounts payable within one year42/48€44k€37k▼
Current portion of amounts payable after more than one year42€14k€15k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€28k€19k▼
Taxes450/3€28k€19k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k=
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€35k€45k▲
Operating profit (loss)9901€20k€30k▲
Financial income75/76B€8k€8k▲
Recurring financial income75€8k€8k▲
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€25k€35k▲
Income taxes67/77€7k€10k▲
Profit (loss) for the period9904€18k€25k▲
Profit (loss) for the period to be appropriated9905€18k€25k▲
Appropriation of the result
Profit (loss) to be appropriated9906€18k€25k▲
Transfer to equity691/2€18k€25k▲
To other reserves6921€18k€25k▲
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
13-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €44k ▲23.8%
Operating result €59k, net result €44k, both a record.
31-12
Financial
Equity above €150kEq €156k ▲39.1%
5 profitable years in a row build equity to €156k.
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 7 days late
2022
31-12
Financial
Equity above €100kEq €112k ▲46.1%
4 profitable years in a row build equity to €112k.
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
03-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity triplescurrent ratio 1.45
Current ratio from 0.49 to 1.45; short-term debt falls from €23k to €16k.
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 7 days late
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-06
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.
Directors · office · real estate
Directors
1 director, no change since 2023
WOLFS Johan Pierre
CurrentNon-statutory director · since 30-11-2023
30-11-2023
Appointed as Non-statutory director
Location & real-estate footprint
Registered office, Heers · 1 establishment unit since 2002
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.
Middelheersestraat(H.) 273870 HeersGround area
1,491 m²
Building footprint
247 m²
Volume, LiDAR
1,584 m³
2 parcels, Flanders · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Koninksemstraat 54, 3700 Tongeren-Borgloon
since 20022.114.153.305
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73022C0151/00M000 | Flanders | 756 m² | 1 · 138 m² | 8.0 m · 2 fl. |
| 73039B0027/00S004 | Flanders | 735 m² | 1 · 109 m² | 9.9 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
ER Oral Surgery
BE 0712.674.539
Liège · Eq €199k
AXEL KUBORN MANAGEMENT
BE 0827.922.813
Ukkel · Eq €199k
MAJUBA
BE 0778.910.790
Leuven · Eq €199k
MANAGEMENTS EN EVENEMENTEN BUREAU
BE 0478.331.150
Mol · Eq €199k
PEAK COMPANY
BE 0780.625.217
Elsene · Eq €199k
Of 82,218 companies in sector 70200 we hold annual accounts for 52,395. 39,945 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-06-2002
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.