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Generated 14-08-2026
Active BE 1002.773.825Private limited company

MADRUGO

Zeeptstraat 80 ·3140 Keerbergen, Belgium· 2 yrs active
Sector: Organisatie van congressen en beurzen (82300)
Conclusion Checked

The computed 12-month bankruptcy probability of MADRUGO is 0.9% (low). The 2024 annual accounts show equity of €31k and a net result of €33k. Its solvency ranks better than 57% of 3174 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €31k
Net result €33k
Better than sector 57%
Active 2 yrs
Snowflake analysis 4 of 5 axes measured · computed by Checked
Health93Profitability100Solvency98Growth-Stability67
90 / 100

Strong profile, led by profitability.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 93
Profitability 100
Solvency 98
Growth -
Stability 67
Bankruptcy probability (12 mo) Checked model v1 · free
0.9% Low
0%0,5%1,5%4%10%≥25%
Young company +Lower-failure-rate sector −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Young company
Founded in 2023, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags 0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2024 · computed
93 / 100 Excellent
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

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Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview1 NBB filings
Annual accounts filed on 28-05-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 82 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 60.1% 53.8%
better than 57% of 3174 sector peers
Net result €33k €18k
better than 66% of 3173 sector peers
Equity €31k €40k
better than 43% of 3176 sector peers
Gross operating margin €43k €36k
better than 55% of 3173 sector peers
Total assets €52k €93k
better than 30% of 3179 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Depositmicro
Revenue-
EBITDA€42k
Net profit€33k
Cash flow€33k
Staff costs-
Income taxes€9k
Dividends-
Total assets€52k
Equity€31k
Debt€21k
of which ≤ 1y€21k
of which > 1y-
Working capital€30k
Employees (FTE)-
Ratios (computed)
2024
Current ratio2.45
Quick ratio2.45
Working capital ratio58.0%
Solvency60.1%
Debt / equity0.67
Long-term debt ratio-
Interest coverage2156.63
Gross margin-
Net margin-
ROA62.9%
ROE104.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€52k
Fixed assets 21/28€1k
Tangible fixed assets 22/27€1k
Current assets 29/58€51k
Amounts receivable within one year 40/41€29k
Cash & bank 54/58€21k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€52k
Equity 10/15€31k
Contributions / capital 10/11€3k
Reserves 13€29k
Accumulated profits (losses) 14€0
Amounts payable 17/49€21k
Amounts payable within one year 42/48€21k
Trade debts payable within one year 44€1k
Income statement
Gross operating margin 9900€43k
Operating result 9901€42k
Financial income 75€0
Financial charges 65€20
Result before taxes 9903€42k
Income taxes 67/77€9k
Net result for the period 9904€33k
Result to be appropriated 9905€33k
Ratios computed by Checked.
Legal Structure
NACE primary Organisatie van congressen en beurzen(82300)
Legal form Private limited company(610)
Incorporation29-11-2023
StatusActive
Postal code3140
Connections & network 1 connected companies
Network connections
Mysa Concept
Shared address
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Establishment units 1 location
Madrugo
Zeeptstraat 80, 3140 KeerbergenBemiddelingsactiviteiten in verband met de niet-gespecialiseerde detailhandel
since 20232.352.339.377
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24048A0221/00C000 Flanders 1,075 m² 1 · 136 m² 8.0 m · 1 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 3 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
17-03-2026
State Gazette act Registered-office change
v3.2
2025
28-05-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2023
01-12-2023
State Gazette act Incorporation
oprichting
Belgisch Staatsblad, acts 2 acts
Address history · 1
17-03-2026
v3.2
All acts · 2 updated 5 months ago
2026
17-03-2026 Registered office moved within Keerbergen Registered-office change
  • Stuivenberg 21, 3140 Keerbergen → Zeeptstraat 80, 3140 Keerbergen
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "statutaire",
      "new_address": {
        "city": "Keerbergen",
        "region": null,
        "street": "Zeeptstraat",
        "country": "BE",
        "postcode": "3140",
        "box_number": null,
        "street_number": "80"
      },
      "old_address": {
        "city": "Keerbergen",
        "region": null,
        "street": "Stuivenberg",
        "country": "BE",
        "postcode": "3140",
        "box_number": null,
        "street_number": "21"
      },
      "effective_date": "2026-01-31",
      "evidence_quote": "Het bestuur beslist dat de zetel van de vennootschap zal worden verplaatst van Stuivenberg 21, 3140 Keerbergen naar Zeeptstraat 80, 3140 Keerbergen, en dit vanaf 31/01/2026."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "1002.773.825",
    "name_full": "MADRUGO",
    "legal_form": "BV"
  }
}
2023
01-12-2023 Incorporation of a new BV Incorporation
Summary: oprichting
Technical details 
{
  "kind": "oprichting",
  "seat": "Stuivenberg 21, 3140 Keerbergen",
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "founders": [
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": null,
        "name": "DYKMANS Frederic",
        "niss": null,
        "address": "Stuivenberg 21, 3140 Keerbergen"
      },
      "share_class": "Aandelen",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 2500,
      "holder_person_name": "DYKMANS Frederic",
      "is_subscriber_only": false,
      "n_shares_subscribed": 100,
      "amount_subscribed_eur": 2500,
      "is_anonymous_silent_partner": false
    }
  ],
  "capital_eur": 2500,
  "subject_company": {
    "kbo": "1002.773.825",
    "name_full": "MADRUGO",
    "legal_form": "BV"
  },
  "initial_directors": [],
  "incorporation_date": "2023-11-28",
  "post_incorporation_mandates": []
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE) Crossroads Bank
Activities
Organisatie van congressen en beurzen82300Organisatie van congressen en beurzen82300Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Adviesbureaus op het gebied van public relations en communicatie70210Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Activiteiten van adviesbureaus op het gebied van public relations en communicatie73300
Primary activity highlighted.
Names & trade names
Legal nameNL MADRUGO
Registered office
Zeeptstraat 80
3140 Keerbergen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative