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MAESTREAM

Active
Private limited companyfounded 20215 yrs activeLaarnesteenweg 23, 9230 Wetteren, BelgiumKBO/BCE: BE 0761.726.548

MAESTREAM has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6k and a net result of €60k. Equity is growing by ~9.1% per year across the filed fiscal years. Its solvency ranks better than 13% of 17022 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
64 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+3
Solvency32▼-68
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 5 years 0 10 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 17022 sector peers (2025).
NBB · sector comparison
Position among 17022 sector peers
Solvency
better than 13%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-12-2025, 31 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
31 d early
2024
11 d late
2023
1 d early
2022
28 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€6k▼ 96.4%
2024 · €161k
2022: €77k 2023: €118k 2024: €161k
2022 → 2025
Total assets
€88k▼ 54.1%
2024 · €191k
2022: €104k 2023: €134k 2024: €191k
2022 → 2025
Net result
€60k▲ 37.7%
2024 · €43k
2022: €75k 2023: €41k 2024: €43k
2022 → 2025
Working capital
€2k▼ 98.8%
2024 · €154k
2022: €65k 2023: €106k 2024: €154k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2022202320242025Trend
Equity€77k-€118k▲ 53.8%€161k▲ 36.7%€6k▼ 96.4%
Operating result€92k-€52k▼ 44.1%€54k▲ 4.6%€74k▲ 37.4%
Net result€75k-€41k▼ 44.7%€43k▲ 4.8%€60k▲ 37.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75k€100kOperating result 2022: €92k€92kNet result 2022: €75k€75kOperating result 2023: €52k€52kNet result 2023: €41k€41kOperating result 2024: €54k€54kNet result 2024: €43k€43kOperating result 2025: €74k€74kNet result 2025: €60k€60k2022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 37% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €88k
Fixed assets €5k▼ 36.4%
Current assets €83k▼ 54.8%
Equity and liabilities €88k
Equity €6k▼ 96.4%
Debt €82k▲ 177%
The debt ratio rises from 15.5% to 93.3%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€77k
2024 · €58k
Cash flow
€62k
2024 · €47k
Solvency
6.7%
2024 · 84.5%
Current ratio
1.02
2024 · 6.20
Quick ratio
1.02
2024 · 6.20
Debt / equity
14.02
2024 · 0.18
ROA
68.0%
2024 · 22.7%
Interest coverage
140.10
2024 · 109.96
Debt
€82k
2024 · €30k
Debt ≤ 1 year
€81k
2024 · €30k
Income taxes
€17k
2024 · €12k
A ratio outside any meaningful range has been withheld (balance sheet total €88k, equity €6k).
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€191k€88k
Fixed assets21/28€8k€5k
Tangible fixed assets22/27€8k€5k
Plant, machinery and equipment23€478€88
Furniture and vehicles24€7k€5k
Current assets29/58€183k€83k
Amounts receivable within one year40/41€48k€50k
Trade receivables40€15k€15k=
Other amounts receivable41€33k€35k
Current investments50/53€100k€0
Cash at bank and in hand54/58€35k€32k
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€191k€88k
Equity10/15€161k€6k
Contributions10/11€2k€2k=
Reserves13€159k€4k
Distributable reserves133€159k€4k
Profit (loss) carried forward14-€0
Amounts payable17/49€30k€82k
Amounts payable within one year42/48€30k€81k
Trade debts44€4k€2k
Suppliers440/4€4k€2k
Taxes, remuneration and social security45€26k€14k
Taxes450/3€26k€14k
Other amounts payable47/48-€65k
Accrued charges and deferred income492/3-€891
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k
Other operating charges640/8€1k€667
Gross operating margin9900€59k€78k
Operating profit (loss)9901€54k€74k
Financial income75/76B€2k€3k
Recurring financial income75€2k€3k
Financial charges65/66B€527€550
Recurring financial charges65€527€550
Profit (loss) for the period before taxes9903€55k€76k
Income taxes67/77€12k€17k
Profit (loss) for the period9904€43k€60k
Profit (loss) for the period to be appropriated9905€43k€60k
Appropriation of the result
Profit (loss) to be appropriated9906€43k€60k
Transfer from equity791/2-€155k
Transfer to equity691/2€43k€0
To other reserves6921€43k€0
Profit to be distributed694/7-€215k
Return on contributions (dividend)694-€215k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2025
31-12
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
11-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
30-06
Financial Equity above €150kEq €161k ▲36.7%
3 profitable years in a row build equity to €161k.
30-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial Weakest financial yearnet €41k ▼44.7%
Net result drops to €41k, the lowest in the series; recovery starts the following year.
30-06
Financial Liquidity doublescurrent ratio 7.77
Current ratio from 3.43 to 7.77; short-term debt falls from €27k to €16k.
30-06
Financial Equity above €100kEq €118k ▲53.8%
2 profitable years in a row build equity to €118k.
03-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wetteren · 1 establishment unit since 2021
establishment The establishment unit on the map
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.

Laarnesteenweg 239230 Wetteren
Ground area
1,961 m²
Building footprint
160 m²
Volume, LiDAR
895 m³
2 parcels, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MAESTREAM
Laarnesteenweg 23D, 9230 WetterenIT consultancy
since 20212.313.977.857
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42302C0186/00F000 Flanders 1,088 m² - -
42025A0877/00M000 Flanders 872 m² 1 · 160 m² 8.3 m · 2 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

Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 6,777 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded18-01-2021
Fiscal year end30-06
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.