MAKEMEWEB
ActiveSummary
MAKEMEWEB has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €340k and a net result of €6k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 74% of 1546 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability70▼-8
Solvency93▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 3.18 against 3.26 in 2023; short-term debt: 31.2% and cash: 12.7% of total assets), and 31.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-08-2025, 19 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
19 d late
2023
50 d late
2022
31 d late
2021
50 d late
2020
59 d late
2019
158 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€6k▼ 82.5%
2023 · €34k
2018: €242khighest in 7 years
2019: €190k▼ -21.4% vs 2018
2020: €126k▼ -33.4% vs 2019
2021: €11k▼ -91.3% vs 2020
2022: €40k▲ +264% vs 2021
2023: €34k▼ -15.5% vs 2022
2024: €6k▼ -82.5% vs 2023lowest in 7 years
2018 → 2024
Working capital
€338k▲ 1.8%
2023 · €332k
2018: €202k
2019: €199k▼ -1.3% vs 2018lowest in 7 years
2020: €332k▲ +67.0% vs 2019
2021: €332k▼ -0.2% vs 2020
2022: €323k▼ -2.5% vs 2021
2023: €332k▲ +2.7% vs 2022
2024: €338k▲ +1.8% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€330k-€330k=€330k▲ 0.1%€334k▲ 1.2%€340k▲ 1.8%
2020: €330klowest in 5 years
2021: €330k● +0.0% vs 2020
2022: €330k▲ +0.1% vs 2021
2023: €334k▲ +1.2% vs 2022
2024: €340k▲ +1.8% vs 2023highest in 5 years
Operating result€175k-€13k▼ 92.8%€42k▲ 232%€37k▼ 11.7%€9k▼ 76.1%
2020: €175khighest in 5 years
2021: €13k▼ -92.8% vs 2020
2022: €42k▲ +232% vs 2021
2023: €37k▼ -11.7% vs 2022
2024: €9k▼ -76.1% vs 2023lowest in 5 years
Net result€126k-€11k▼ 91.3%€40k▲ 264%€34k▼ 15.5%€6k▼ 82.5%
2020: €126khighest in 5 years
2021: €11k▼ -91.3% vs 2020
2022: €40k▲ +264% vs 2021
2023: €34k▼ -15.5% vs 2022
2024: €6k▼ -82.5% vs 2023lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 76% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €498k
Fixed assets
€4k ▼ 31.7%
Current assets
€494k ▲ 3.0%
Equity and liabilities €498k
Equity
€340k ▲ 1.8%
Debt
€158k ▲ 4.1%
Debt's share of the balance-sheet total rises from 31.2% to 31.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€11k▼
2023 · €39k
Cash flow
€8k▼
2023 · €36k
Current ratio
3.18▼
2023 · 3.26
Debt to equity
0.46▲
2023 · 0.45
ROE
1.8%▼
2023 · 10.2%
ROA
1.2%▼
2023 · 7.0%
Interest coverage
7.56▼
2023 · 65.83
Debt ≤ 1 year
€155k▲
2023 · €147k
Income taxes
€4k▲
2023 · €3k
Staff costs
€148k▼
2023 · €155k
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 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€486k€498k▲
Fixed assets21/28€6k€4k▼
Tangible fixed assets22/27€4k€2k▼
Furniture and vehicles24€4k€2k▼
Financial fixed assets28€3k€3k=
Current assets29/58€479k€494k▲
Amounts receivable within one year40/41€172k€177k▲
Trade receivables40€160k€176k▲
Other amounts receivable41€12k€592▼
Current investments50/53€250k€253k▲
Cash at bank and in hand54/58€56k€63k▲
Deferred charges and accrued income490/1€1k€954▼
Equity and liabilities
Total equity and liabilities10/49€486k€498k▲
Equity10/15€334k€340k▲
Contributions10/11€24k€24k=
Reserves13€310k€316k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€308k€314k▲
Amounts payable17/49€151k€158k▲
Amounts payable within one year42/48€147k€155k▲
Trade debts44€81k€93k▲
Suppliers440/4€81k€93k▲
Taxes, remuneration and social security45€37k€62k▲
Taxes450/3€13k€23k▲
Remuneration and social security454/9€23k€39k▲
Other amounts payable47/48€30k€410▼
Accrued charges and deferred income492/3€4k€2k▼
Income statement
Code20232024
Remuneration, social security and pensions62€155k€148k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€17k
Other operating charges640/8€384€1k▲
Gross operating margin9900€194k€176k▼
Operating profit (loss)9901€37k€9k▼
Financial income75/76B€661€2k▲
Recurring financial income75€661€2k▲
Financial charges65/66B€586€1k▲
Recurring financial charges65€586€1k▲
Profit (loss) for the period before taxes9903€37k€10k▼
Income taxes67/77€3k€4k▲
Profit (loss) for the period9904€34k€6k▼
Profit (loss) for the period to be appropriated9905€34k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€34k€6k▼
Transfer to equity691/2€4k€6k▲
To other reserves6921€4k€6k▲
Profit to be distributed694/7€30k-
Directors or managers695€30k-
Social balance
Average headcount (FTE)90873.33.0▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €163k | €185k | €155k | €148k | ▼ 5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €1k | €622 | €2k | €2k | ▲ 7.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €39k | €35k | - | €17k | - |
| Other operating charges640/8 | - | €347 | €347 | €384 | €1k | ▲ 190% |
| Non-recurring operating charges66A | - | - | €43 | - | - | - |
| Gross operating margin9900 | €338k | €217k | €263k | €194k | €176k | ▼ 9.3% |
| Operating profit (loss)9901 | €175k | €13k | €42k | €37k | €9k | ▼ 76.1% |
| Financial income75/76B | - | €385 | €139 | €661 | €2k | ▲ 274% |
| Recurring financial income75 | €168 | €385 | €139 | €661 | €2k | ▲ 274% |
| Financial charges65/66B | - | €787 | €464 | €586 | €1k | ▲ 144% |
| Recurring financial charges65 | €615 | €787 | €464 | €586 | €1k | ▲ 144% |
| Profit (loss) for the period before taxes9903 | €174k | €12k | €41k | €37k | €10k | ▼ 73.3% |
| Income taxes67/77 | €48k | €1k | €968 | €3k | €4k | ▲ 40.6% |
| Profit (loss) for the period9904 | €126k | €11k | €40k | €34k | €6k | ▼ 82.5% |
| Profit (loss) for the period to be appropriated9905 | €126k | €11k | €40k | €34k | €6k | ▼ 82.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €610k | €487k | €428k | €486k | €498k | ▲ 2.5% |
| Fixed assets21/28 | €5k | €4k | €8k | €6k | €4k | ▼ 31.7% |
| Tangible fixed assets22/27 | €2k | €1k | €5k | €4k | €2k | ▼ 56.7% |
| Furniture and vehicles24 | - | €1k | €5k | €4k | €2k | ▼ 56.7% |
| Financial fixed assets28 | €3k | €3k | €3k | €3k | €3k | = |
| Current assets29/58 | €605k | €483k | €421k | €479k | €494k | ▲ 3.0% |
| Amounts receivable within one year40/41 | €300k | €219k | €139k | €172k | €177k | ▲ 2.7% |
| Trade receivables40 | - | €204k | €127k | €160k | €176k | ▲ 9.8% |
| Other amounts receivable41 | - | €15k | €12k | €12k | €592 | ▼ 94.9% |
| Current investments50/53 | €153k | €153k | €153k | €250k | €253k | ▲ 1.0% |
| Cash at bank and in hand54/58 | €149k | €111k | €128k | €56k | €63k | ▲ 12.9% |
| Deferred charges and accrued income490/1 | - | €497 | €1k | €1k | €954 | ▼ 23.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €610k | €487k | €428k | €486k | €498k | ▲ 2.5% |
| Equity10/15 | €330k | €330k | €330k | €334k | €340k | ▲ 1.8% |
| Contributions10/11 | - | €24k | €24k | €24k | €24k | = |
| Reserves13 | €306k | €306k | €306k | €310k | €316k | ▲ 1.9% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €304k | €304k | €308k | €314k | ▲ 1.9% |
| Amounts payable17/49 | €280k | €157k | €98k | €151k | €158k | ▲ 4.1% |
| Amounts payable within one year42/48 | €273k | €151k | €97k | €147k | €155k | ▲ 5.5% |
| Trade debts44 | €173k | €69k | €8k | €81k | €93k | ▲ 14.9% |
| Suppliers440/4 | - | €69k | €8k | €81k | €93k | ▲ 14.9% |
| Taxes, remuneration and social security45 | - | €71k | €39k | €37k | €62k | ▲ 70.4% |
| Taxes450/3 | - | €51k | €16k | €13k | €23k | ▲ 74.0% |
| Remuneration and social security454/9 | - | €20k | €23k | €23k | €39k | ▲ 68.3% |
| Other amounts payable47/48 | - | €11k | €51k | €30k | €410 | ▼ 98.6% |
| Accrued charges and deferred income492/3 | - | €6k | €675 | €4k | €2k | ▼ 46.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €126k | €11k | €40k | €34k | €6k | ▼ 82.5% |
| + Depreciation and write-downs630 | €2k | €1k | €622 | €2k | €2k | ▲ 7.8% |
| Operating cash flow (approximation) | €128k | €12k | €41k | €36k | €8k | ▼ 77.8% |
| Investment in fixed assets (approximation) | - | €-1 | €-4k | €-652 | €0 | ▲ 100% |
| Change in cash | - | €-38k | €17k | €-72k | €7k | ▲ 110% |
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
2025
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 19 days late
2024
31-12
Financial
Weakest financial yearnet €6k ▼82.5%
Net result drops to €6k, the lowest in the series.
19-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 50 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
19-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 50 days late
2021
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 59 days late
05-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 158 days late
2019
03-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 64 days late
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 91 days late
25-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 268 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Etterbeek · 1 establishment unit since 2008
Ground area
150 m²
Building footprint
77 m²
Volume, LiDAR
846 m³
Parcel 21364B0133/00K002, Brussels · tallest building 15.1 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Koningsveldstraat 52, 1040 Etterbeek
since 20082.168.934.153
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21364B0133/00K002 | Brussels | 150 m² | 1 · 77 m² | 15.1 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.
Similar companies · same sector, comparable size
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BE 0711.989.896
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P AND P
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DIGICOMMERCE BENELUX
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Of 16,901 companies in sector 62100 we hold annual accounts for 8,772. 6,029 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-01-2008
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
Scores and ratios are computed by Checked and are not a credit decision.