MAHD
The computed 12-month bankruptcy probability of MAHD is 1.8% (moderate). The 2023 annual accounts show equity of €16k and a net result of €-6k. Equity is growing by ~69.4% per year across the filed fiscal years. The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €16k |
| Net result | €-6k |
| Active | 19 yrs |
| Locations | 1 |
Mixed profile: strong on stability, weaker on profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | €-4k |
| Net profit | €-6k |
| Cash flow | €-5k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €46k |
| Equity | €16k |
| Debt | €30k |
| of which ≤ 1y | €22k |
| of which > 1y | €8k |
| Working capital | €24k |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 2.05 |
| Quick ratio | 0.08 |
| Working capital ratio | 51.3% |
| Solvency | 35.0% |
| Debt / equity | 1.85 |
| Long-term debt ratio | 0.46 |
| Interest coverage | -2.97 |
| Gross margin | - |
| Net margin | - |
| ROA | -12.3% |
| ROE | -35.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €46k |
| Current assets | 29/58 | €46k |
| Stocks & contracts in progress | 3 | €44k |
| Amounts receivable within one year | 40/41 | €396 |
| Cash & bank | 54/58 | €1k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €46k |
| Equity | 10/15 | €16k |
| Contributions / capital | 10/11 | €6k |
| Reserves | 13 | €18k |
| Accumulated profits (losses) | 14 | €-8k |
| Amounts payable | 17/49 | €30k |
| Amounts payable after one year | 17 | €8k |
| Amounts payable within one year | 42/48 | €22k |
| Trade debts payable within one year | 44 | €11k |
| Income statement | ||
| Gross operating margin | 9900 | €2k |
| Operating result | 9901 | €-4k |
| Financial income | 75 | €2 |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €-6k |
| Net result for the period | 9904 | €-6k |
| Result to be appropriated | 9905 | €-6k |
| NACE primary | - |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 05-12-2006 |
| Status | Active |
| Postal code | - |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H0961/00S012 | Flanders | 116 m² | 1 · 116 m² | 15.4 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
17-12-2024 All shares are now held by a single shareholder
Technical details
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}30-10-2023 1 director appointed, 1 resigning
- Hussain Sadiq Jan Madsar, Bestuurder
- Khan Tariq, Bestuurder
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | MAHD |