The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The latest figures are for FY 2022. They are too old for a current score.
Bankruptcy probability: Elevated
Filing: At least two annual filings are missing
Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength, FY 2022
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Registered office moved within Mechelen
New registered office: Schaliënhoevedreef 20 bus F, 2800 Mechelen · Previous registered office: Schaliënhoevedreef 20 bus C, 2800 Mechelen · General meeting of 05-12-2019 · Gazette deed
Incorporation
Founding capital of €10,800 · Founders: Hidden nameVisible after signing in and Name after signing inVisible after signing in · Permanent representative: Name hiddenVisible after signing in · published on 12-09-2019 · Gazette deed
First establishment
Schaliënhoevedreef 20C, Mechelen
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as Madzuli Development: computer programming (NACE 62100). They are comparable in size and age: total assets between €1,440 and €2,200, founded between 2019 and 2021.
Official details
Source: KBO
Status
Active since 10-09-2019Normal situation
Registered office
95 active companies are registered at this address6 started in the 12 months before. Source: KBO register, as of 11 November 2026.