MAIOR
ActiveSummary
The annual accounts of MAIOR for fiscal year 2025 show a net loss of 259% of total assets and of 79% of the equity at the start of that year. The 2025 annual accounts show equity of €13k and a net result of €-48k. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 63% of 31791 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
59
/ 100
Fair
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency94▼-6
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.76 against 9.18 in 2024; short-term debt: 31% and cash: 50.6% of total assets), and 31% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
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 2025Solvency, return and age of the figures
Solvency
69%
Return on assets
-259%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-48k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 7 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
7 d early
2022
28 d late
2021
32 d early
2020
21 d early
2019
20 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€13k▼ 79.0%
2024 · €61k
Total assets
€19k▼ 71.6%
2024 · €66k
Net result
€-48k▼ 197%
2024 · €-16k
Working capital
€4k▼ 88.1%
2024 · €37k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€24k▼ 28.2%€6k▼ 74.5%€21k▲ 244%€-20k€-47k▼ 138%
Net result€16k▼ 33.0%€3k▼ 83.9%€15k▲ 484%€-16k€-48k▼ 197%
Equity€64k▲ 29.9%€65k▲ 1.6%€65k▲ 0.5%€61k▼ 6.0%€13k▼ 79.0%
Total assets€73k▼ 17.2%€81k▲ 10.4%€97k▲ 20.9%€66k▼ 32.4%€19k▼ 71.6%
Debt€9k▼ 76.6%€16k▲ 72.2%€32k▲ 105%€5k▼ 85.9%€6k▲ 27.8%
Working capital€40k▲ 238%€40k▲ 0.4%€31k▼ 22.9%€37k▲ 21.4%€4k▼ 88.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €47k in 2025 against €20k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €19k
Fixed assets
€8k ▼ 65.0%
Current assets
€10k ▼ 75.5%
Equity and liabilities €19k
Equity
€13k ▼ 79.0%
Debt
€6k ▲ 27.8%
Debt's share of the balance-sheet total rises from 6.9% to 31.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-41k▼
2024 · €-9k
Cash flow
€-42k▼
2024 · €-6k
Current ratio
1.76▼
2024 · 9.18
Debt to equity
0.45▲
2024 · 0.07
ROE
-375.4%▼
2024 · -26.6%
ROA
-259.0%▼
2024 · -24.7%
Interest coverage
-49.55▼
2024 · -30.94
Debt ≤ 1 year
€6k▲
2024 · €5k
Income taxes
€423▲
2024 · €405
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €6k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15k | €18k | €11k | €10k | €6k | ▼ 43.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €4k | - | - |
| Other operating charges640/8 | €1k | €2k | €2k | €2k | €2k | ▲ 2.0% |
| Non-recurring operating charges66A | - | - | - | - | €10k | - |
| Gross operating margin9900 | €41k | €26k | €34k | €-4k | €-30k | ▼ 667% |
| Operating profit (loss)9901 | €24k | €6k | €21k | €-20k | €-47k | ▼ 138% |
| Financial income75/76B | - | - | - | €4k | - | - |
| Recurring financial income75 | - | - | - | €4k | - | - |
| Financial charges65/66B | €552 | €261 | €330 | €303 | €832 | ▲ 175% |
| Recurring financial charges65 | €552 | €261 | €330 | €303 | €832 | ▲ 175% |
| Profit (loss) for the period before taxes9903 | €24k | €6k | €21k | €-16k | €-48k | ▼ 202% |
| Income taxes67/77 | €7k | €3k | €6k | €405 | €423 | ▲ 4.6% |
| Profit (loss) for the period9904 | €16k | €3k | €15k | €-16k | €-48k | ▼ 197% |
| Profit (loss) for the period to be appropriated9905 | €16k | €3k | €15k | €-16k | €-48k | ▼ 197% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €73k | €81k | €97k | €66k | €19k | ▼ 71.6% |
| Fixed assets21/28 | €24k | €25k | €35k | €24k | €8k | ▼ 65.0% |
| Intangible fixed assets21 | €2k | €13k | €10k | €7k | €4k | ▼ 40.0% |
| Tangible fixed assets22/27 | €23k | €12k | €25k | €17k | €4k | ▼ 75.1% |
| Plant, machinery and equipment23 | €3k | €2k | €2k | €1k | - | - |
| Furniture and vehicles24 | €20k | €5k | €12k | €7k | €4k | ▼ 42.4% |
| Other tangible fixed assets26 | - | €4k | €11k | €8k | - | - |
| Current assets29/58 | €49k | €55k | €63k | €42k | €10k | ▼ 75.5% |
| Amounts receivable within one year40/41 | €13k | €15k | €52k | €28k | €539 | ▼ 98.0% |
| Trade receivables40 | €11k | €14k | €25k | - | - | - |
| Other amounts receivable41 | €3k | €775 | €27k | €28k | €539 | ▼ 98.0% |
| Cash at bank and in hand54/58 | €35k | €40k | €11k | €14k | €9k | ▼ 31.4% |
| Deferred charges and accrued income490/1 | - | - | - | €202 | €203 | ▲ 0.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €73k | €81k | €97k | €66k | €19k | ▼ 71.6% |
| Equity10/15 | €64k | €65k | €65k | €61k | €13k | ▼ 79.0% |
| Contributions10/11 | €6k | €6k | €6k | €19k | €19k | = |
| Reserves13 | €58k | €59k | €59k | €43k | - | - |
| Distributable reserves133 | €58k | €59k | €59k | €43k | - | - |
| Profit (loss) carried forward14 | - | - | - | - | €-6k | - |
| Amounts payable17/49 | €9k | €16k | €32k | €5k | €6k | ▲ 27.8% |
| Amounts payable within one year42/48 | €9k | €16k | €32k | €5k | €6k | ▲ 27.8% |
| Financial debts43 | €2k | €1k | €60 | €567 | €39 | ▼ 93.1% |
| Credit institutions430/8 | €2k | €1k | €60 | €567 | €39 | ▼ 93.1% |
| Trade debts44 | €3k | €5k | €6k | €3k | €2k | ▼ 50.9% |
| Suppliers440/4 | €3k | €5k | €6k | €3k | €2k | ▼ 50.9% |
| Taxes, remuneration and social security45 | €3k | €8k | €11k | €793 | €4k | ▲ 429% |
| Taxes450/3 | €3k | €8k | €11k | €793 | €4k | ▲ 429% |
| Other amounts payable47/48 | €2k | €2k | €15k | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16k | €3k | €15k | €-16k | €-48k | ▼ 197% |
| + Depreciation and write-downs630 | €15k | €18k | €11k | €10k | €6k | ▼ 43.1% |
| Operating cash flow (approximation) | €32k | €20k | €27k | €-6k | €-42k | ▼ 627% |
| Investment in fixed assets (approximation) | - | €-19k | €-21k | €0 | €10k | - |
| Change in cash | - | €5k | €-29k | €3k | €-4k | ▼ 250% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-48k
Net result drops to €-48k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Liquidity times 5current ratio 9.18
Current ratio from 1.95 to 9.18; short-term debt falls from €32k to €5k.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity quadruplescurrent ratio 5.33
Current ratio from 1.30 to 5.33; short-term debt falls from €39k to €9k.
10-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2019net €24k ▲16.3%
Operating result €34k, net result €24k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.30
Current ratio from 0.59 to 1.30; short-term debt falls from €51k to €39k.
11-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Merelbeke-Melle · 1 establishment unit since 2019
Ground area
2,886 m²
Building footprint
479 m²
Volume, LiDAR
3,362 m³
Parcel 44058B0431/00D000, Flanders · tallest building 13.5 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
MAIOR
since 20192.285.113.033
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44058B0431/00D000 | Flanders | 2,886 m² | 1 · 479 m² | 13.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 82,632 companies in sector 70200 we hold annual accounts for 52,575. 25,780 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-02-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
Scores and ratios are computed by Checked and are not a credit decision.