Make III
ActiveSummary
The computed 12-month bankruptcy probability of Make III is 2.9% (moderate). The 2025 annual accounts show equity of €92k and a net result of €-2k. Equity is growing by ~24.7% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability32▲+1
Solvency100=
Growth78=
Track record94
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 45.79; short-term debt: 0.4% and cash: 19.7% of total assets), and 0.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
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 13-07-2026, 18 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
18 d early
2024
27 d late
2023
5 d late
← 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, abbreviated schema
Equity
€92k▼ 2.3%
2024 · €94k
2023: €47klowest in 3 years
2024: €94k▲ +102% vs 2023highest in 3 years
2025: €92k▼ -2.3% vs 2024
2023 → 2025
Total assets
€92k▼ 1.9%
2024 · €94k
2023: €47klowest in 3 years
2024: €94k▲ +100% vs 2023highest in 3 years
2025: €92k▼ -1.9% vs 2024
2023 → 2025
Net result
€-2k▲ 8.9%
2024 · €-2k
2023: €-3klowest in 3 years
2024: €-2k▲ +30.0% vs 2023
2025: €-2k▲ +8.9% vs 2024highest in 3 years
2023 → 2025
Working capital
€18k▼ 34.0%
2024 · €27k
2023: €12klowest in 3 years
2024: €27k▲ +135% vs 2023highest in 3 years
2025: €18k▼ -34.0% vs 2024
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€47k-€94k▲ 102%€92k▼ 2.3%
2023: €47klowest in 3 years
2024: €94k▲ +102% vs 2023highest in 3 years
2025: €92k▼ -2.3% vs 2024
Operating result€-3k-€-2k▲ 42.4%€-2k▲ 1.1%
2023: €-3klowest in 3 years
2024: €-2k▲ +42.4% vs 2023
2025: €-2k▲ +1.1% vs 2024highest in 3 years
Net result€-3k-€-2k▲ 30.0%€-2k▲ 8.9%
2023: €-3klowest in 3 years
2024: €-2k▲ +30.0% vs 2023
2025: €-2k▲ +8.9% vs 2024highest in 3 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2025 against €2k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €92k
Fixed assets
€74k ▲ 10.4%
Current assets
€18k ▼ 32.5%
Equity and liabilities €92k
Equity
€92k
Debt
€400
Debt finances 0.4% of the balance-sheet total.
Key figures and ratios
Current ratio
45.79
Debt to equity
0.00▲
2024 · 0.00
ROE
-2.4%▲
2024 · -2.6%
ROA
-2.4%▲
2024 · -2.6%
Debt ≤ 1 year
€400▲
2024 · €0
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 · 2025 against 2024 · 26 lines
Balance sheet
Code20242025
Assets
Total assets20/58€94k€92k▼
Fixed assets21/28€67k€74k▲
Financial fixed assets28€67k€74k▲
Current assets29/58€27k€18k▼
Amounts receivable within one year40/41€0€127▲
Trade receivables40€0€127▲
Cash at bank and in hand54/58€27k€18k▼
Equity and liabilities
Total equity and liabilities10/49€94k€92k▼
Equity10/15€94k€92k▼
Contributions10/11€100k€100k=
Profit (loss) carried forward14€-6k€-8k▼
Amounts payable17/49€0€400▲
Amounts payable within one year42/48€0€400▲
Trade debts44€0€400▲
Suppliers440/4€0€400▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Other operating charges640/8€118€568▲
Gross operating margin9900€-2k€-1k▲
Operating profit (loss)9901€-2k€-2k▲
Financial charges65/66B€465€270▼
Recurring financial charges65€465€270▼
Profit (loss) for the period before taxes9903€-2k€-2k▲
Profit (loss) for the period9904€-2k€-2k▲
Profit (loss) for the period to be appropriated9905€-2k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€-8k▼
Profit (loss) brought forward from the previous period14P€-3k€-6k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Other operating charges640/8 | €109 | €118 | €568 | ▲ 382% |
| Gross operating margin9900 | €-3k | €-2k | €-1k | ▲ 25.6% |
| Operating profit (loss)9901 | €-3k | €-2k | €-2k | ▲ 1.1% |
| Financial charges65/66B | €61 | €465 | €270 | ▼ 41.9% |
| Recurring financial charges65 | €61 | €465 | €270 | ▼ 41.9% |
| Profit (loss) for the period before taxes9903 | €-3k | €-2k | €-2k | ▲ 8.9% |
| Profit (loss) for the period9904 | €-3k | €-2k | €-2k | ▲ 8.9% |
| Profit (loss) for the period to be appropriated9905 | €-3k | €-2k | €-2k | ▲ 8.9% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €47k | €94k | €92k | ▼ 1.9% |
| Fixed assets21/28 | €35k | €67k | €74k | ▲ 10.4% |
| Financial fixed assets28 | €35k | €67k | €74k | ▲ 10.4% |
| Current assets29/58 | €12k | €27k | €18k | ▼ 32.5% |
| Amounts receivable within one year40/41 | €701 | €0 | €127 | - |
| Trade receivables40 | €701 | €0 | €127 | - |
| Cash at bank and in hand54/58 | €11k | €27k | €18k | ▼ 33.0% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €47k | €94k | €92k | ▼ 1.9% |
| Equity10/15 | €47k | €94k | €92k | ▼ 2.3% |
| Contributions10/11 | €50k | €100k | €100k | = |
| Profit (loss) carried forward14 | €-3k | €-6k | €-8k | ▼ 37.5% |
| Amounts payable17/49 | €458 | €0 | €400 | - |
| Amounts payable within one year42/48 | €453 | €0 | €400 | - |
| Trade debts44 | €453 | €0 | €400 | - |
| Suppliers440/4 | €453 | €0 | €400 | - |
| Accrued charges and deferred income492/3 | €5 | €0 | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-3k | €-2k | €-2k | ▲ 8.9% |
| Operating cash flow (approximation) | €-3k | €-2k | €-2k | ▲ 8.9% |
| Investment in fixed assets (approximation) | - | €-32k | €-7k | ▲ 78.1% |
| Change in cash | - | €16k | €-9k | ▼ 156% |
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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
05-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 5 days late
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 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
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, Antwerpen · 1 establishment unit since 2022
Ground area
1.0 ha
Building footprint
4,496 m²
Volume, LiDAR
50,522 m³
Parcel 11807G1783/00D000, Flanders · tallest building 16.7 m, ±4 floors. Linked by address, not a title deed.
33
companies at this address
See who is registered here
1 establishment unit
Make III
since 20222.333.295.012
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G1783/00D000 | Flanders | 1.0 ha | 1 · 4,496 m² | 16.7 m · 4 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.
Identification & contact
Identification
Legal formPrivate limited company
Founded29-06-2022
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.