Make Hay
The computed 12-month bankruptcy probability of Make Hay is 0.5% (very low). The 2025 annual accounts show equity of €93k and a net result of €43k. Equity is growing by ~70.8% per year across the filed fiscal years. Its solvency ranks better than 53% of 2732 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €93k |
| Net result | €43k |
| Better than sector | 53% |
| Active | 3 yrs |
Exceptional profile, strong across almost every axis.
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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 64.7% | 62.2% | |
| Net result | €43k | €40k | |
| Equity | €93k | €62k | |
| Gross operating margin | €67k | €63k | |
| Total assets | €144k | €120k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €66k |
| Net profit | €43k |
| Cash flow | €53k |
| Staff costs | - |
| Income taxes | €12k |
| Dividends | - |
| Total assets | €144k |
| Equity | €93k |
| Debt | €51k |
| of which ≤ 1y | €45k |
| of which > 1y | €6k |
| Working capital | €73k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 2.61 |
| Quick ratio | 2.61 |
| Working capital ratio | 50.4% |
| Solvency | 64.7% |
| Debt / equity | 0.55 |
| Long-term debt ratio | 0.06 |
| Interest coverage | 58.36 |
| Gross margin | - |
| Net margin | - |
| ROA | 29.8% |
| ROE | 46.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €144k |
| Fixed assets | 21/28 | €26k |
| Tangible fixed assets | 22/27 | €26k |
| Financial fixed assets | 28 | €350 |
| Current assets | 29/58 | €118k |
| Amounts receivable within one year | 40/41 | €15k |
| Investments | 50/53 | €37k |
| Cash & bank | 54/58 | €64k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €144k |
| Equity | 10/15 | €93k |
| Contributions / capital | 10/11 | €5k |
| Accumulated profits (losses) | 14 | €88k |
| Amounts payable | 17/49 | €51k |
| Amounts payable after one year | 17 | €6k |
| Amounts payable within one year | 42/48 | €45k |
| Trade debts payable within one year | 44 | €2k |
| Income statement | ||
| Gross operating margin | 9900 | €67k |
| Operating result | 9901 | €56k |
| Financial income | 75 | €651 |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €55k |
| Income taxes | 67/77 | €12k |
| Net result for the period | 9904 | €43k |
| Result to be appropriated | 9905 | €43k |
| NACE primary | Computer programming & consultancy(62200) |
| Legal form | Private limited company(610) |
| Incorporation | 28-04-2023 |
| Status | Active |
| Postal code | 2500 |
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. |
|---|---|---|---|---|
| 12393F0241/00D002 | Flanders | 481 m² | 1 · 116 m² | 10.5 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
04-02-2025 Registered office moved from Keerbergen to Lier
- PUTSEBAAN 3A BUS1 -3140 KEERBERGEN → Streepen 46, 2500 Lier
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_administratif",
"new_address": {
"raw": "Streepen 46, 2500 Lier",
"city": "Lier",
"region": "vlaams_gewest",
"street": "Streepen",
"country": "BE",
"postcode": "2500",
"box_number": null,
"street_number": "46",
"locality_suffix": null
},
"old_address": {
"raw": "PUTSEBAAN 3A BUS1 -3140 KEERBERGEN",
"city": "Keerbergen",
"region": "vlaams_gewest",
"street": "Putsebaan",
"country": "BE",
"postcode": "3140",
"box_number": "1",
"street_number": "3A",
"locality_suffix": null
},
"effective_date": "2024-12-12",
"evidence_quote": "De enige bestuurder bevestigt en bekrachtigt zijn beslissing voor zover als nodig om, met ingang van 12 december 2024, de zetel te verplaatsen van Putsebaan 3A bus 1, 3140 Keerbergen naar Streepen 46, 2500 Lier.",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2025-02-04",
"filing_date": "2025-01-28",
"act_kind_objet": "VERPLAATSING ZETEL - VOLMACHT ADMINISTRATIEVE FORMALITEITEN"
},
"decision": {
"body": "enige_bestuurder",
"date": "2025-01-28",
"unanimous": true
},
"subject_company": {
"kbo": "0801.261.867",
"name_full": "MAKE HAY",
"legal_form": "BESLOTEN VENNOOTSCHAP"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Bart Du Bois",
"org_rep_person_name": null,
"person_role_at_subject": "enige bestuurder"
},
"co_filed_documents": [
"Uittreksel uit het verslag van de enige bestuurder d.d. 20 december 2024"
]
}06-09-2023 Registered office moved from Heist-op-den-Berg to Keerbergen
- LEUVENSEBAAN 69 - 2223 HEIST-OP-DEN-BERG → Putsebaan 3A bus 1, 3140 Keerbergen
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_administratif",
"new_address": {
"raw": "Putsebaan 3A bus 1, 3140 Keerbergen",
"city": "Keerbergen",
"region": "vlaams_gewest",
"street": "Putsebaan",
"country": "BE",
"postcode": "3140",
"box_number": "A",
"street_number": "3",
"locality_suffix": null
},
"old_address": {
"raw": "LEUVENSEBAAN 69 - 2223 HEIST-OP-DEN-BERG",
"city": "Heist-op-den-Berg",
"region": "vlaams_gewest",
"street": "Leuvensebaan",
"country": "BE",
"postcode": "2223",
"box_number": null,
"street_number": "69",
"locality_suffix": null
},
"effective_date": "2023-07-28",
"evidence_quote": "De enige bestuurder bevestigt en bekrachtigt zijn beslissing voor zover als nodig om, met ingang van.28 juli 2023, de zetel te verplaatsen van Leuvensebaan 69, 2223 Heist-op-den-Berg naar Putsebaan 3A bus 1, 3140 Keerbergen.",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2023-09-06",
"filing_date": "2023-08-29",
"act_kind_objet": "VERPLAATSING ZETEL - VOLMACHT ADMINISTRATIEVE FORMALITEITEN"
},
"decision": {
"body": "enige_bestuurder",
"date": "2023-08-03",
"unanimous": true
},
"subject_company": {
"kbo": "0801.261.867",
"name_full": "MAKE HAY",
"legal_form": "BESLOTEN VENNOOTSCHA\u0420"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Bart Du Bois",
"org_rep_person_name": null,
"person_role_at_subject": "enige bestuurder"
},
"co_filed_documents": [
"Uittreksel uit het verslag van de enige bestuurder d.d. 3 augustus 2023"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Make Hay |