Equity
MAKE IT REAL! paid out €20,000 in dividends. That is 30% of the 2026 profit.
MAKE IT REAL! paid out €20,000 in dividends. That is 30% of the 2026 profit.
The accounts state no turnover.
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 61% of them on solvency, 92% on liquidity, 53% on profitability and 63% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-03-2026.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 17,811 companies had the same profile as MAKE IT REAL! has now. Each dot stands for 45 companies, two years later.
That fits the bankruptcy probability of MAKE IT REAL! itself: < 0.1% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,811 companies, not a prediction for MAKE IT REAL!. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 4.95 (4.49 in 2025), above the usual 1.5. Short-term debt is 13.2% and cash 65.3% of total assets. 33.9% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 4 accounts on average 29 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| MAKE IT REAL! Lasne | €536,699 | €105,623 | 66.1% | - |
| ARTIKAS CONSULTING Lasne | €530,794 | €119,951 | -35.7% | - |
| MOULIN Lasne | €623,928 | €108,941 | 6.5% | - |
| GUARANA CONSULT Lasne | €455,442 | €110,463 | 60.2% | - |
| Factor-E Lasne | €468,400 | €118,635 | 87.6% | - |
| AGRAM Management Lasne | €650,919 | €117,438 | 90.6% | - |
| Chantecler Consulting Rixensart | €551,124 | €98,692 | 35.8% | - |
These companies have the same main activity as MAKE IT REAL!: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €455,000 and €651,000, founded between 2008 and 2010.
MAKE IT REAL! files the abbreviated format. That format states no turnover. The gross margin rose from €87,202 in 2023 to €105,623 in 2026.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €170,000. Estimated: probably between €140,000 and €220,000.
Higher than 59% of 10,856 companies in 2025.
Higher than 77% of 10,478 companies in 2025.
Higher than 77% of 10,725 companies in 2025.
| Line | Trend | 2026 | 2025 | 2024 | 2023 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
536,699 | 499,268 | 478,327 | 398,049 | |
21/28 |
184,926 | 190,829 | 201,568 | 205,695 | |
22/27 |
184,926 | 190,829 | 201,568 | 205,695 | |
22 |
166,273 | 172,750 | 179,228 | 185,705 | |
23 |
5,078 | 597 | 895 | 1,194 | |
24 |
13,575 | 17,482 | 21,445 | 18,796 | |
29/58 |
351,773 | 308,439 | 276,759 | 192,355 | |
40/41 |
38 | 964 | 986 | 8,661 | |
40 |
31 | - | - | 7,696 | |
41 |
7 | 964 | 986 | 965 | |
54/58 |
350,474 | 306,444 | 274,362 | 181,698 | |
490/1 |
1,261 | 1,030 | 1,411 | 1,996 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
536,699 | 499,268 | 478,327 | 398,049 | |
10/15 |
354,634 | 307,633 | 265,640 | 217,959 | |
10/11 |
100 | 100 | 100 | 100 | |
13 |
187,690 | 147,690 | 87,690 | 42,690 | |
132 |
12,690 | 12,690 | 12,690 | 12,690 | |
133 |
175,000 | 135,000 | 75,000 | 30,000 | |
14 |
166,844 | 159,843 | 177,850 | 175,169 | |
17/49 |
182,064 | 191,635 | 212,687 | 180,090 | |
17 |
110,453 | 120,675 | 130,723 | 139,783 | |
170/4 |
110,453 | 120,675 | 130,723 | 139,783 | |
42/48 |
71,011 | 68,704 | 81,364 | 38,957 | |
42 |
10,222 | 10,048 | 9,877 | 10,525 | |
44 |
1,919 | 2,522 | 1,209 | 380 | |
440/4 |
1,919 | 2,522 | 1,209 | 380 | |
45 |
22,850 | 15,294 | 40,278 | 3,052 | |
450/3 |
17,850 | 15,294 | 40,278 | 3,052 | |
454/9 |
5,000 | - | - | - | |
47/48 |
36,020 | 40,840 | 30,000 | 25,000 | |
492/3 |
600 | 2,255 | 600 | 1,350 | |
| Income statement | |||||
9900 |
105,623 | 120,700 | 121,152 | 87,202 | |
630 |
10,875 | 10,739 | 10,562 | 9,522 | |
640/8 |
877 | 1,337 | 953 | 885 | |
9901 |
93,871 | 108,624 | 109,637 | 76,795 | |
75/76B |
149 | 21 | 7 | 1,096 | |
75 |
149 | 21 | 7 | 1,096 | |
65/66B |
2,362 | 2,562 | 2,848 | 3,350 | |
65 |
2,362 | 2,562 | 2,848 | 3,350 | |
9903 |
91,658 | 106,083 | 106,796 | 74,541 | |
67/77 |
24,657 | 24,090 | 29,115 | 19,038 | |
9904 |
67,001 | 81,993 | 77,681 | 55,503 | |
9905 |
67,001 | 81,993 | 77,681 | 55,503 | |
| Appropriation of the result | |||||
9906 |
226,844 | 259,843 | 252,850 | 230,169 | |
14P |
159,843 | 177,850 | 175,169 | 174,667 | |
691/2 |
40,000 | 60,000 | 45,000 | 30,000 | |
6921 |
40,000 | 60,000 | 45,000 | 30,000 | |
694/7 |
20,000 | 40,000 | 30,000 | 25,000 | |
694 |
20,000 | 20,000 | 30,000 | 25,000 | |
695 |
- | 20,000 | - | - | |
| Document | |||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2026 at the NBB, filed on 27-10-2026.
| Line | Trend | 2026 | 2025 | 2024 | 2023 |
|---|---|---|---|---|---|
| 104,746 | 119,363 | 120,199 | 86,316 | ||
| 77,876 | 92,732 | 88,243 | 65,024 | ||
| 4,972 | 0 | 6,436 | 1,249 | ||
| 44,030 | 32,082 | 92,664 | - | ||
| 280,762 | 239,734 | 195,395 | 153,397 | ||
| 66.1% | 61.6% | 55.5% | 54.8% | ||
| 4.95 | 4.49 | 3.40 | 4.94 | ||
| 0.51 | 0.62 | 0.80 | 0.83 | ||
| 18.9% | 26.7% | 29.2% | 25.5% | ||
| 12.5% | 16.4% | 16.2% | 13.9% | ||
| 44.34 | 46.59 | 42.20 | 25.77 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-03-2026 | 31-03-2025 | 31-03-2024 | 31-03-2023 |
|---|---|---|---|---|
| Tangible fixed assets | €4,972 | - | €6,436 | €1,249 |
| €10,875 | €10,739 | €10,562 | €9,522 |
Source: notes to the 2023 to 2026 annual accounts (statement of fixed assets)
The operating result for 2026 is 14% lower than in 2025 and the lowest since 2023. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 38.4% to 33.9%. Equity is higher and debt is lower.
MAKE IT REAL! has no parent and no holdings in its annual accounts.
| STÉPHAN SONNEVILLE
registered office since 08-08-2001 · founded in 1997 |
total assets €20.2m (2025) 0461.220.350 |
| LUMAR
registered office since 14-09-1988 · founded in 1988 · accounts filed late |
0.5 FTE (2024) 0435.227.023 |
| ATMOS INVESTMENT
registered office since 01-03-2003 · founded in 2001 |
total assets €2.9m (2025) 0474.773.527 |
| ISIS Exploitation
establishment since 20-05-2003 · founded in 1996 |
1 FTE (2025) 0457.716.670 |
| Morissens- Noach-Architectes
registered office since 20-02-2008 · founded in 2008 |
total assets €41,569 (2025) 0895.971.281 |
| Vandenbogaerde, Morgane (sole trader)
establishment since 16-11-2022 |
founded in 2022 0793.644.397 |
| Morissens, Sophie (sole trader)
establishment since 14-02-2019 |
founded in 2019 0776.110.856 |
| ELLIVENNOS COMPANY
registered office since 01-11-2018 |
founded in 2018 0751.806.715 |
| OVINOLI
registered office since 01-11-2018 |
founded in 2018 0751.803.151 |
| PAS A PAS
registered office since 24-01-2003 |
founded in 2003 0867.454.271 |
See the function holders in the KBO register.
Deadline for the 2027 accounts: 31-10-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Rue du Mont-Lassy 62 registered office 1380 Lasne | ||
| Make It Real! srl Rue du Mont-Lassy 62B, 1380 Lasne 7111101 Activities of building architects | 24-12-2009 | 2.184.960.830 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 25076F0620/00E000 | 7,052 m² | 1 · 265 m² | 7.1 m · 2 |
| 25076F0287/00D000 | 382 m² | 1 · 191 m² | 7.1 m · 2 |
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