MAKE
ActiveSummary
The computed 12-month bankruptcy probability of MAKE is 1.7% (moderate). For MAKE, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €3k and a net result of €-4k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 45% of 15225 sector peers (fiscal year 2023). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0▼-32
Solvency57▼-43
Growth85=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk
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 2023Solvency, return and age of the figures
Solvency
32.4%
Return on assets
-40.1%
Age of the figures
33 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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 · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 6 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 14-11-2025, 471 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
471 d late
2022
134 d late
2021
118 d late
2020
on the day
2019
185 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Turnover
€5k▼ 53.2%
2022 · €11k
2018: €1k
2019: €7k
2020: €18k
2022: €11k
2018 → 2023
EBIT margin
-71.7%▼ 70.4pp
2022 · -1.3%
2018: -382.4%
2019: 6.1%
2020: 26.8%
2022: -1.3%
2018 → 2023
Net result
€-4k▼ 2,032%
2022 · €-177
2018: €-5k
2019: €373
2020: €5k
2021: €482
2022: €-177
2018 → 2023
Working capital
€3k▼ 55.3%
2022 · €7k
2018: €-2k
2019: €-149
2020: €6k
2021: €7k
2022: €7k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€7k-€18k▲ 158%€11k€5k▼ 53.2%
Equity€1k-€7k▲ 384%€7k▲ 7.4%€7k▼ 2.5%€3k▼ 55.3%
Operating result€418-€5k▲ 1,035%€510▼ 89.3%€-144€-4k▼ 2,516%
Net result€373-€5k▲ 1,285%€482▼ 90.7%€-177€-4k▼ 2,032%
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 €4k in 2023 against €144 in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €9k
Equity
€3k ▼ 55.3%
Debt
€6k ▲ 229%
Debt's share of the balance-sheet total rises from 22.1% to 67.6%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
1.48▼
2022 · 4.52
Debt to equity
2.09▲
2022 · 0.28
ROE
-123.9%▼
2022 · -2.6%
ROA
-40.1%▼
2022 · -2.0%
Debt ≤ 1 year
€6k▲
2022 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 30 lines
Balance sheet
Code20222023
Assets
Total assets20/58€9k€9k▲
Current assets29/58€9k€9k▲
Amounts receivable within one year40/41€8k€9k▲
Trade receivables40€6k€8k▲
Other amounts receivable41€2k€1k▼
Cash at bank and in hand54/58€5€10▲
Deferred charges and accrued income490/1€294-
Equity and liabilities
Total equity and liabilities10/49€9k€9k▲
Equity10/15€7k€3k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€615€-3k▼
Amounts payable17/49€2k€6k▲
Amounts payable within one year42/48€2k€6k▲
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Other amounts payable47/48-€5k
Income statement
Code20222023
Turnover70€11k€5k▼
Goods, raw materials, services and sundry goods60/61€11k€8k▼
Other operating charges640/8€128€724▲
Gross operating margin9900€-16€-3k▼
Operating profit (loss)9901€-144€-4k▼
Financial income75/76B€76-
Recurring financial income75€76-
Financial charges65/66B€109€3▼
Recurring financial charges65€109€3▼
Profit (loss) for the period before taxes9903€-177€-4k▼
Profit (loss) for the period9904€-177€-4k▼
Profit (loss) for the period to be appropriated9905€-177€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€615€-3k▼
Profit (loss) brought forward from the previous period14P€792€615▼
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
14-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 471 days late
2023
12-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 134 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 4.52
Current ratio from 1.54 to 4.52; short-term debt falls from €13k to €2k.
26-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 118 days late
2021
31-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
01-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 185 days late
2020
31-12
Financial
Highest result since 2018net €5k ▲1285%
Operating result €5k, net result €5k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 3.18
Current ratio from 0.89 to 3.18.
2019
31-12
Financial
Back to profitnet €373
Net result €373 after one loss-making year.
09-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 70 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Edegem · 1 establishment unit since 2018
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.
Adolf Queteletlaan 322650 EdegemGround area
303 m²
Building footprint
117 m²
Volume, LiDAR
593 m³
Parcel 11013A0275/00R002, Flanders · tallest building 10.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MAKE
since 20182.274.792.728
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11013A0275/00R002 | Flanders | 303 m² | 1 · 117 m² | 10.7 m · 1 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.
Similar companies · same sector, comparable size
CITY SHOP 015
BE 1009.223.929
Mechelen · Eq €3,026
Belgian Emirates Trading
BE 1024.045.232
Braine-l'Alleud · Eq €3,000
DIDAX Consulting
BE 0534.394.774
Edegem · Eq €2,902
BELDISTRIB
BE 1018.882.555
Tienen · Eq €3,220
VAVIN
BE 0784.612.115
Mechelen · Eq €3,224
Of 1,641 companies in sector 46170 we hold annual accounts for 671. 208 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-03-2018
Fiscal year end31-12
Activities, NACEBEL 2025
46170Agents in the wholesale of food, beverages and tobacco
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
46180Agents specialised in the wholesale of other particular products
46341Wholesale of wines and spirits
46350Wholesale trade
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.