MAFIN CONSULTING
ActiveMAFIN CONSULTING has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €89k and a net result of €12k. Equity is growing by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 28% of 20787 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
97
/ 100
Excellent▲ +57 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability59▲+49
Solvency59▲+3
Growth65=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.04 against 0.92 in 2023), and 62.6% 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+raises risk○neutral
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 →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
37.4%
Return on assets
5%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
61 d late
2022
31 d late
2021
30 d late
2020
31 d late
2018
29 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€183k▲ 2.1%
2023 · €179k
2018: €167k
2020: €159k
2021: €166k
2022: €166k
2023: €179k
2018 → 2024
EBIT margin
8.1%▲ 8.7pp
2023 · -0.6%
2018: -7.2%
2020: -0.7%
2021: -8.9%
2022: 11.0%
2023: -0.6%
2018 → 2024
Net result
€12k
2023 · €-1k
2018: €-14k
2020: €-1k
2021: €-15k
2022: €17k
2023: €-1k
2018 → 2024
Working capital
€6k
2023 · €-10k
2018: €-16k
2020: €4k
2021: €-11k
2022: €7k
2023: €-10k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€159k-€166k▲ 4.4%€166k▼ 0.1%€179k▲ 8.3%€183k▲ 2.1%
Equity€75k-€61k▼ 19.7%€78k▲ 28.8%€77k▼ 1.6%€89k▲ 15.6%
Operating result€-1k-€-15k▼ 1,196%€18k€-1k€15k
Net result€-1k-€-15k▼ 1,199%€17k€-1k€12k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €15k after a loss of €1k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €237k
Fixed assets
€83k▼ 4.6%
Current assets
€154k▲ 28.4%
Equity and liabilities €237k
Equity
€89k▲ 15.6%
Debt
€148k▲ 13.9%
The debt ratio falls from 62.9% to 62.6%: equity grows faster than debt.
Key figures and ratios
EBITDA
€19k▲
2023 · €3k
Cash flow
€16k▲
2023 · €3k
Solvency
37.4%▲
2023 · 37.1%
Current ratio
1.04▲
2023 · 0.92
Quick ratio
1.04▲
2023 · 0.92
Debt / equity
1.67▼
2023 · 1.70
ROE
13.5%▲
2023 · -1.6%
ROA
5.0%▲
2023 · -0.6%
Interest coverage
283.77▲
2023 · 57.23
Debt
€148k▲
2023 · €130k
Debt ≤ 1 year
€148k▲
2023 · €130k
Income taxes
€3k▲
2023 · €14
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€207k€237k▲
Fixed assets21/28€87k€83k▼
Tangible fixed assets22/27€87k€83k▼
Land and buildings22€71k€71k=
Furniture and vehicles24€16k€12k▼
Financial fixed assets28€51€51=
Current assets29/58€120k€154k▲
Amounts receivable within one year40/41€41k€40k▼
Trade receivables40€36k€38k▲
Other amounts receivable41€4k€3k▼
Cash at bank and in hand54/58€79k€114k▲
Equity and liabilities
Total equity and liabilities10/49€207k€237k▲
Equity10/15€77k€89k▲
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Reserves13€38k€38k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Tax-exempt reserves132€11k€11k=
Distributable reserves133€24k€24k=
Profit (loss) carried forward14€33k€45k▲
Amounts payable17/49€130k€148k▲
Amounts payable within one year42/48€130k€148k▲
Trade debts44€130k€145k▲
Suppliers440/4€38k€38k▼
Bills of exchange payable441€92k€107k▲
Taxes, remuneration and social security45-€3k
Taxes450/3-€3k
Income statement
Code20232024
Turnover70€179k€183k▲
Goods, raw materials, services and sundry goods60/61€181k€163k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k=
Other operating charges640/8€2k€1k▼
Gross operating margin9900€4k€20k▲
Operating profit (loss)9901€-1k€15k▲
Financial charges65/66B€50€66▲
Recurring financial charges65€50€66▲
Profit (loss) for the period before taxes9903€-1k€15k▲
Income taxes67/77€14€3k▲
Profit (loss) for the period9904€-1k€12k▲
Profit (loss) for the period to be appropriated9905€-1k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€33k€45k▲
Profit (loss) brought forward from the previous period14P€34k€33k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €17k
Net result €17k after 3 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
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, Namur · 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.
Rue des Roses Trémières(VD) 325020 NamurGround area
713 m²
Building footprint
122 m²
Volume, LiDAR
615 m³
Parcel 92128C0024/00F002, Wallonia · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue des Roses Trémières(VD) 32, 5020 Namur
since 20022.094.567.817
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92128C0024/00F002 | Wallonia | 713 m² | 1 · 122 m² | 7.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 16,807 companies in sector 62100 we hold annual accounts for 8,747. 6,922 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-12-2001
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
72220
62020IT consultancy
62200Computer consultancy and computer facilities management
72100
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.