Mahto
ActiveMahto has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11k and a net result of €148k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 31662 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+1
Solvency28▼-29
Growth58▼-20
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.51 against 0.99 in 2024; short-term debt: 83.6% and cash: 8.5% of total assets), and 97.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 70
Relative position
BE, all sectors
reference
Sector 70
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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
2.6%
Return on assets
33.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 31662 sector peers (2025).
NBB · sector comparisonPosition among 31662 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
53 d early
2024
59 d early
2023
50 d early
2022
52 d early
2021
60 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€11k▼ 93.0%
2024 · €164k
2021: €28k
2022: €143k
2023: €251k
2024: €164k
2021 → 2025
Total assets
€438k▼ 13.1%
2024 · €504k
2021: €305k
2022: €431k
2023: €553k
2024: €504k
2021 → 2025
Net result
€148k▲ 20.4%
2024 · €123k
2021: €26k
2022: €116k
2023: €108k
2024: €123k
2021 → 2025
Working capital
€-181k▼ 7,137%
2024 · €-2k
2021: €-70k
2022: €26k
2023: €114k
2024: €-2k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€28k-€143k▲ 419%€251k▲ 75.2%€164k▼ 34.8%€11k▼ 93.0%
Operating result€36k-€159k▲ 344%€149k▼ 6.1%€167k▲ 11.5%€205k▲ 22.9%
Net result€26k-€116k▲ 352%€108k▼ 6.9%€123k▲ 14.0%€148k▲ 20.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 23% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €438k
Fixed assets
€252k▲ 0.4%
Current assets
€186k▼ 26.5%
Equity and liabilities €438k
Equity
€11k▼ 93.0%
Debt
€427k▲ 25.3%
The debt ratio rises from 67.5% to 97.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€205k▲
2024 · €169k
Cash flow
€148k▲
2024 · €125k
Solvency
2.6%▼
2024 · 32.5%
Current ratio
0.51▼
2024 · 0.99
Quick ratio
0.51▼
2024 · 0.99
Debt / equity
37.31▲
2024 · 2.08
ROA
33.7%▲
2024 · 24.4%
Interest coverage
29.32▲
2024 · 20.71
Debt
€427k▲
2024 · €340k
Debt ≤ 1 year
€366k▲
2024 · €255k
Debt > 1 year
€56k▼
2024 · €85k
Income taxes
€50k▲
2024 · €41k
A ratio outside any meaningful range has been withheld (balance sheet total €438k, equity €11k).
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€504k€438k▼
Fixed assets21/28€251k€252k▲
Tangible fixed assets22/27€1k€2k▲
Plant, machinery and equipment23€1k€2k▲
Furniture and vehicles24€0-
Financial fixed assets28€250k€250k=
Current assets29/58€253k€186k▼
Amounts receivable within one year40/41€87k€147k▲
Trade receivables40€85k€146k▲
Other amounts receivable41€2k€580▼
Cash at bank and in hand54/58€164k€37k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€504k€438k▼
Equity10/15€164k€11k▼
Contributions10/11€2k€2k=
Profit (loss) carried forward14€162k€9k▼
Amounts payable17/49€340k€427k▲
Amounts payable after more than one year17€85k€56k▼
Financial debts170/4€85k€56k▼
Amounts payable within one year42/48€255k€366k▲
Current portion of amounts payable after more than one year42€29k€29k▲
Trade debts44€4k€5k▲
Suppliers440/4€4k€5k▲
Taxes, remuneration and social security45€63k€32k▼
Taxes450/3€63k€32k▼
Other amounts payable47/48€160k€300k▲
Accrued charges and deferred income492/3€0€4k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€630▼
Other operating charges640/8€1k€809▼
Gross operating margin9900€170k€206k▲
Operating profit (loss)9901€167k€205k▲
Financial income75/76B€5k€0▼
Recurring financial income75€5k€0▼
Financial charges65/66B€8k€7k▼
Recurring financial charges65€8k€7k▼
Profit (loss) for the period before taxes9903€164k€198k▲
Income taxes67/77€41k€50k▲
Profit (loss) for the period9904€123k€148k▲
Profit (loss) for the period to be appropriated9905€123k€148k▲
Appropriation of the result
Profit (loss) to be appropriated9906€372k€309k▼
Profit (loss) brought forward from the previous period14P€249k€162k▼
Profit to be distributed694/7€210k€300k▲
Return on contributions (dividend)694€210k€300k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2021net €148k ▲20.4%
Operating result €205k, net result €148k, both a record.
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €251k ▲75.2%
3 profitable years in a row build equity to €251k.
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity triplescurrent ratio 1.18
Current ratio from 0.35 to 1.18.
31-12
Financial
Equity above €100kEq €143k ▲419%
2 profitable years in a row build equity to €143k.
01-06
NBB filing
Annual accounts filed
fiscal year 2021 · 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, Lubbeek · 1 establishment unit since 2021
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.
Aardebrug(LUB) 43210 LubbeekGround area
523 m²
Building footprint
112 m²
Volume, LiDAR
525 m³
Parcel 24066D0329/00K000, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Mahto
since 20212.319.781.130
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24066D0329/00K000 | Flanders | 523 m² | 1 · 112 m² | 7.0 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 82,569 companies in sector 70200 we hold annual accounts for 52,573. 24,458 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-07-2021
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 5 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.