MAKEDA
ActiveSummary
The computed 12-month bankruptcy probability of MAKEDA is 4.6% (elevated). The 2024 annual accounts show equity of €66k and a net result of €5k. Its solvency ranks better than 40% of 18941 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability70▼-30
Solvency42▼-22
Growth52
Track record94
Bankruptcy probability, 12 months
4.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.27 against 1.64 in 2023; short-term debt: 21.1% and cash: 21.9% of total assets), and 82.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
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 · 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 2024Solvency, return and age of the figures
Solvency
17.2%
Return on assets
1.2%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-11-2025, 95 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
95 d late
2023
460 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€66k▲ 7.6%
2023 · €62k
2023: €62k
2023 → 2024
Total assets
€386k▲ 147%
2023 · €156k
2023: €156k
2023 → 2024
Net result
€5k▼ 91.8%
2023 · €57k
2023: €57k
2023 → 2024
Working capital
€22k▼ 63.6%
2023 · €61k
2023: €61k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€62k-€66k▲ 7.6%
Operating result€73k-€9k▼ 87.6%
Net result€57k-€5k▼ 91.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 88% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €386k
Fixed assets
€282k ▲ 26,495%
Current assets
€103k ▼ 33.4%
Equity and liabilities €386k
Equity
€66k ▲ 7.6%
Debt
€320k ▲ 237%
Debt's share of the balance-sheet total rises from 60.6% to 82.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€13k▼
2023 · €74k
Cash flow
€9k▼
2023 · €57k
Current ratio
1.27▼
2023 · 1.64
Quick ratio
1.06▼
2023 · 1.45
Debt to equity
4.82▲
2023 · 1.54
ROE
7.0%▼
2023 · 91.9%
ROA
1.2%▼
2023 · 36.2%
Interest coverage
6.28▼
2023 · 27.05
Debt ≤ 1 year
€81k▼
2023 · €95k
Debt > 1 year
€238k
Income taxes
€2k▼
2023 · €16k
Staff costs
€239k▲
2023 · €206k
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 · 2024 against 2023 · 51 lines
Balance sheet
Code20232024
Assets
Total assets20/58€156k€386k▲
Fixed assets21/28€1k€282k▲
Tangible fixed assets22/27€1k€282k▲
Land and buildings22-€271k
Plant, machinery and equipment23-€11k
Furniture and vehicles24€1k€531▼
Current assets29/58€155k€103k▼
Stocks and contracts in progress3€18k€17k▼
Stocks30/36€18k€17k▼
Amounts receivable within one year40/41€52k-
Trade receivables40€52k-
Other amounts receivable41€5-
Cash at bank and in hand54/58€85k€85k=
Deferred charges and accrued income490/1€763€2k▲
Equity and liabilities
Total equity and liabilities10/49€156k€386k▲
Equity10/15€62k€66k▲
Contributions10/11€5k€5k=
Reserves13-€5k
Distributable reserves133-€5k
Profit (loss) carried forward14€57k€57k=
Amounts payable17/49€95k€320k▲
Amounts payable after more than one year17-€238k
Financial debts170/4-€238k
Amounts payable within one year42/48€95k€81k▼
Current portion of amounts payable after more than one year42-€10k
Trade debts44€48k€17k▼
Suppliers440/4€48k€17k▼
Advances received on contracts in progress46€6k-
Taxes, remuneration and social security45€41k€54k▲
Taxes450/3€23k€32k▲
Remuneration and social security454/9€18k€22k▲
Other amounts payable47/48€692€163▼
Income statement
Code20232024
Remuneration, social security and pensions62€206k€239k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€531€4k▲
Other operating charges640/8€2k€32k▲
Gross operating margin9900€281k€284k▲
Operating profit (loss)9901€73k€9k▼
Financial income75/76B€2k-
Recurring financial income75€2-
Non-recurring financial income76B€2k-
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€72k€7k▼
Income taxes67/77€16k€2k▼
Profit (loss) for the period9904€57k€5k▼
Profit (loss) for the period to be appropriated9905€57k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€57k€61k▲
Profit (loss) brought forward from the previous period14P-€57k
Transfer to equity691/2-€5k
To other reserves6921-€5k
Social balance
Average headcount (FTE)90875.2-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 95 days late
03-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 460 days late
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Sint-Truiden · 1 establishment unit since 2022
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.
Plankstraat 43800 Sint-TruidenGround area
243 m²
Building footprint
163 m²
Volume, LiDAR
2,123 m³
Parcel 71053H0418/00_000, Flanders · tallest building 17.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Le Greco
since 20222.342.353.822
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71053H0418/00_000 | Flanders | 243 m² | 1 · 163 m² | 17.9 m · 4 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Truiden2.342.353.822
Similar companies · same sector, comparable size
KAL FOOD
BE 0782.529.979
Liège · Eq €66,299
Grand Maison
BE 0630.794.364
Liège · Eq €66,313
LarZie
BE 1014.168.058
Oostende · Eq €66,281
SUURPLAS
BE 0808.214.886
Roeselare · Eq €66,265
Aux Campenaires
BE 0433.359.475
Beloeil · Eq €66,339
Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 9,860 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
Founded20-12-2022
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.