MAHEDES is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €250k and a net result of €-88k. Its solvency ranks better than 37% of 8024 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 25-04-2026, 5 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
5 d early
← before the deadline
after the deadline →
Financials · fiscal year 2025, micro schema
Equity
€250k
Net result
€-88k
Total assets
€696k
Solvency
35.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €696k
Fixed assets
€520k
Current assets
€175k
Equity and liabilities €696k
Equity
€250k
Debt
€446k
Debt finances 64.1% of the balance-sheet total.
Key figures and ratios
Solvency
35.9%
ROE
-35.4%
ROA
-12.7%
Debt
€446k
Debt ≤ 1 year
€57k
Debt > 1 year
€388k
Income taxes
€2k
Filed annual accounts
As filed with the NBB · 2025
Balance sheet
Code2025
Assets
Total assets20/58€696k
Fixed assets21/28€520k
Tangible fixed assets22/27€320k
Land and buildings22€305k
Plant, machinery and equipment23€9k
Furniture and vehicles24€6k
Financial fixed assets28€200k
Current assets29/58€175k
Amounts receivable after more than one year29€32k
Other amounts receivable291€32k
Amounts receivable within one year40/41€24k
Trade receivables40€24k
Cash at bank and in hand54/58€107k
Deferred charges and accrued income490/1€12k
Equity and liabilities
Total equity and liabilities10/49€696k
Equity10/15€250k
Contributions10/11€1k
Revaluation surpluses12€145k
Reserves13€104k
Non-distributable reserves130/1€100
Reserves not available under the articles1311€100
Distributable reserves133€103k
Amounts payable17/49€446k
Amounts payable after more than one year17€388k
Financial debts170/4€388k
Amounts payable within one year42/48€57k
Current portion of amounts payable after more than one year42€39k
Trade debts44€2k
Suppliers440/4€2k
Taxes, remuneration and social security45€8k
Taxes450/3€8k
Other amounts payable47/48€8k
Accrued charges and deferred income492/3€1k
Income statement
Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k
Other operating charges640/8€8k
Non-recurring operating charges66A€89k
Gross operating margin9900€61k
Operating profit (loss)9901€-69k
Financial income75/76B€3k
Recurring financial income75€3k
Financial charges65/66B€20k
Recurring financial charges65€20k
Profit (loss) for the period before taxes9903€-86k
Income taxes67/77€2k
Profit (loss) for the period9904€-88k
Profit (loss) for the period to be appropriated9905€-88k
Appropriation of the result
Profit (loss) to be appropriated9906€-87k
Profit (loss) brought forward from the previous period14P€1k
Transfer from equity791/2€87k
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
25-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
Directors · office · real estate
Directors
2 acts for this company are 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, Ronse · 1 establishment unit since 2013
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.
Dammekensstraat 1749600 RonseGround area
2,450 m²
Building footprint
96 m²
Volume, LiDAR
690 m³
Parcel 45041B0945/00L000, Flanders · tallest building 9.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Mahedes
since 20132.218.072.274
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45041B0945/00L000 | Flanders | 2,450 m² | 1 · 96 m² | 9.4 m · 3 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 24,728 companies in sector 64210 we hold annual accounts for 19,764. 13,649 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-04-2013
Fiscal year end30-09
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress 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.
Contact details
2 entriesE-mail:isabel@mahedes.be
Phone:0491367365