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Maendeleo

Active
Blakerstraat 44 ·3201 Aarschot, Belgium
BE 0795.291.815
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Turnover
EBIT margin
Net result€-93k
Working capital€16.10M-1.3%
CSV export

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 22-01-2026 with the NBB · fiscal year 2025 · verkort
€-5.00M€0€5.00M€10.00MOperating result 2024: €-227k€-227kNet result 2024: €9.60M€9.60MOperating result 2025: €-407k€-407kNet result 2025: €-93k€-93k20242025
Operating resultNet result
Sector comparison
Fiscal year 2025 · NACE 64 — Financial services · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 99.1% 35.9%
better than 95% of 67 sector peers
Net result €-93k €69k
better than 5% of 67 sector peers
Equity €16.40M €346k
better than 95% of 67 sector peers
Gross operating margin €-185k €73k
better than 5% of 67 sector peers
Total assets €16.55M €1.30M
better than 95% of 67 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€-361k
-64.2% -119% vs sector
Net profit
€-93k
≈ vs sector
Cash flow
€-47k
+90% vs sector
Total assets
€16.55M
-5.1% +202% vs sector
Equity
€16.40M
-0.6% +202% vs sector
Working capital
€16.10M
-1.3% +28573% vs sector
Employees (FTE)
1
+100% vs sector
Staff costs
€109k
+117.0% ≈ vs sector
Income taxes
€560
-99.9% -84% vs sector
Debt
€149k
-84.2% +214% vs sector
Debt ≤ 1y
€149k
-84.2% +214% vs sector
Current ratio
108.99
+494.9% +843% vs sector
Quick ratio
108.99
+494.9% +843% vs sector
Solvency
99.1%
+4.8% ≈ vs sector
Debt / equity
0.01
-84.1% ≈ vs sector
ROE
-0.6%
≈ vs sector
ROA
-0.6%
≈ vs sector
Interest coverage
-1.44
+70.9% -103% vs sector
Figures by fiscal year
Fiscal year2025
Revenue
EBITDA€-361k
Net profit€-93k
Cash flow€-47k
Staff costs€109k
Income taxes€560
Dividends
Total assets€16.55M
Equity€16.40M
Debt€149k
of which ≤ 1y€149k
of which > 1y
Working capital€16.10M
Employees (FTE)1.0
Ratios (computed)
2025
Current ratio108.99
Quick ratio108.99
Working capital ratio97.2%
Solvency99.1%
Debt / equity0.01
Long-term debt ratio
Interest coverage-1.44
Gross margin
Net margin
ROA-0.6%
ROE-0.6%
EBITDA margin
Days sales outstanding
Days payable outstanding
Inventory turnover
Days inventory (DSI)
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet — Assets
TOTAL ASSETS 20/58€16.55M
Fixed assets 21/28€308k
Tangible fixed assets 22/27€308k
Current assets 29/58€16.24M
Amounts receivable within one year 40/41€78k
Investments 50/53€15.22M
Cash & bank 54/58€941k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€16.55M
Equity 10/15€16.40M
Contributions / capital 10/11€6.89M
Reserves 13€9.60M
Accumulated profits (losses) 14€-93k
Amounts payable 17/49€149k
Amounts payable within one year 42/48€149k
Trade debts payable within one year 44€6k
Income statement
Gross operating margin 9900€-185k
Operating result 9901€-407k
Financial income 75€565k
Financial charges 65€250k
Result before taxes 9903€-92k
Income taxes 67/77€560
Net result for the period 9904€-93k
Result to be appropriated 9905€-93k
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Ratios computed by Checked.

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FY 2025 · computed
52 / 100 Fair
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.