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Makesvalue

Active Private limited companyfounded 2023active for 2 yearsAvenue des Abeilles 28, 1410 WaterlooKBO/BCE: BE 1003.461.634

Overview

Lifetime

2 annual accounts with figures on one time axis
peak €101,641 (2024)
€100,816▼ 0.8%
peak €74,906 (2025)
€74,906▲ 6.0%
peak €132,294 (2025)
€132,294▲ 84.6%
€77,339▲ 19.4%
Board1 name since 2023
1 director
Documentsfilings and deeds
14-07-202617 days before the deadline
2025micro format
Dividend €14,285Equity from €71,673 to €132,294Debts from €64,752 to €77,339Cash from €127,492 to €177,687

Key points

from the 2025 annual accounts

Equity

€132,294 ▲ 84.6%
€71,7002024€132,0002025

Equity rose in 2025 from €71,673 to €132,294.

Turnover

≈ €190,000 estimated

The micro format states no turnover.

Position in the sector

€74,906

Higher net result than 85% of companies in advertising and market research. Sector median €14,755 · 8,618 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 39,278 companies had the same profile as Makesvalue has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 39,278 companies, not a prediction for Makesvalue. 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.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
  • 100 sharesdeed of 19-12-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1003461634
Incorporation Founding capital of €1,000, 100 shares · Founder: · Appointment: (director) · published on 19-12-2023 · Gazette deed
First establishment Avenue des Abeilles 28, Waterloo
All 6 events

Comparable companies

same main activity, similar in size and age
Company
Makesvalue Waterloo €209,633 €100,816 63.1% -
CHELONIA FINANCE Wavre €248,452 €114,058 51.7% -
C2C Consulting La Hulpe €191,767 €116,248 80.9% -
KVDG Management Mechelen €207,414 €103,595 84.3% -
REGNIER Lierneux €198,129 €94,240 91.6% -
SPORTSFLOW Kapellen €197,404 €98,128 78.9% -
WRLP Torhout €214,997 €106,175 55.2% -

These companies have the same main activity as Makesvalue: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €192,000 and €248,000, founded between 2023 and 2024.

Official details

Source: KBO
Status
Active since 15-12-2023Normal situation
Activity
Public relations and communication consultancyNACE 73300and 1 other
Establishment unit
2.353.299.6771410 Waterloo, since 15-12-2023
Financial year end
31 December
Peppol
Reachable since 25-10-2025
Company details

Annual accounts 2025

€100,816▼ 0.8%
€74,906▲ 6.0%
€132,294▲ 84.6%
€209,633▲ 53.7%
Filing
Filed on 14-07-2026, 17 days before the end of the filing period
Financials

Insights on Makesvalue

Makesvalue has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €132,294 and a net result of €74,906.

Its solvency ranks better than 59% of 8,617 sector peers (NACE 73, financial year 2025).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 14-07-2026, 17 days before the deadline
€100,816
▼ 0.8%
€97,811
▼ 2.5%
€74,906
▲ 6.0%
€124,774
▲ 91.6%
63.1%
▲ 10.6 percentage points
2.63
▲ 0.61

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €190,000. Estimated: probably between €140,000 and €370,000.

Balance sheet

balance sheet total €209,633 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

63.1%

Higher than 59% of 8,617 companies in 2025.

2.63

Higher than 59% of 8,293 companies in 2025.

35.7%

Higher than 82% of 8,402 companies in 2025.

Makesvalue Middle half of the sector 80% of the sector Micro accounts in advertising and market research (NACE 73)

Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024
Balance sheet: assets
20/58 209,633136,425
21/28 8,1437,181
22/27 8,1437,181
24 6,2027,181
26 1,941-
29/58 201,490129,244
40/41 23,7471,752
40 23,685347
41 621,405
54/58 177,687127,492
490/1 56-
Balance sheet: equity and liabilities
10/49 209,633136,425
10/15 132,29471,673
10/11 1,0001,000
13 70,60070,600
133 70,60070,600
14 60,69473
17/49 77,33964,752
42/48 76,71664,129
44 4,2257,176
440/4 4,2257,176
45 72,46756,953
450/3 68,01752,503
454/9 4,4504,450
47/48 24-
492/3 623623
Income statement
9900 100,816101,641
630 2,5301,246
640/8 475126
9901 97,811100,269
75/76B 1,827104
75 1,827104
65/66B 849
65 849
9903 99,554100,364
67/77 24,64829,691
9904 74,90670,673
9905 74,90670,673
Appropriation of the result
9906 74,97970,673
14P 73-
691/2 -70,600
6921 -70,600
694/7 14,285-
694 14,285-
Document PDFPDF

The notes to these accounts have 5 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 2025 at the NBB, filed on 14-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 14-07-2026 2026-00290340 PDF
31-12-2024 micro format 30-06-2025 2025-00198338 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024
100,341101,515
77,43671,919
3,4928,427
50,195-
124,77465,115
63.1%52.5%
2.632.02
0.580.90
56.6%98.6%
35.7%51.8%
over 100over 100

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.

Investments

fixed assets acquired
Item20252024
Tangible fixed assets€3,492€8,427
€2,530€1,246

Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)

Insights on Makesvalue

The operating result for 2025 is 2% lower than in 2024.

Debt's share of the balance-sheet total falls from 47.5% to 36.9%. Equity and debt are higher.

Board & ownership

Board

1 director, since incorporation
Director (not named in the articles)
appointed by deed of 19-12-2023 term without a fixed end

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Director (not named in the articles)
Board
Mandates as a list
    • Director (not named in the articles), appointed by deed of 19-12-2023, still in office

See the board, name and registered office on a given date →

Control

Founder
This company
Makesvalue
Equity €132,294
Profit €74,906 in 2025

Capital

Contribution
€1,000
Shares
100
Contribution per share
€10
Equity per share
€1,323 in 2025
Source
deed of 19-12-2023

Articles of association

deed of 19-12-2023 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
“Un ou plusieurs administrateurs, DOUZE”
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Moitié cédant,moitié acquéreurs,proportionnellement nombre actions si plusieurs, ONZE”
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“VINGT-SIX, si aucun autre liquidateur désigné”

Shareholders

At incorporation deed of 19-12-2023 ↗
  • 100 shares (100%) · €1,000 in cash

Network & group

No group

Makesvalue has no parent and no holdings in its annual accounts. is the only director. Makesvalue shares no director with another company.

At the same address

Avenue des Abeilles 28, 1410 Waterloo · 1 other company
Papa, Alessandro (sole trader)
establishment since 01-02-2022
founded in 2022
0781.762.986

Timeline

Timeline

6 events since 2023

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 17 days before the deadline
2025
Equity above €100,000 equity €132,294 ▲84.6% With a profit in every financial year since 2024, equity grows to €132,294.
Registered in the Peppol Directory Reachable for e-invoices through 0208:1003461634
Annual accounts 2024 filed PDFmicro format · 31 days before the deadline
2023
IncorporationFounding capital of €1,000, 100 shares · Founder: · Appointment: (director) · published on 19-12-20236 points ▸
  • Founder,
  • Founding capital, €1,000, 100 shares
  • 100 shares
  • Registered office clause, avenue des Abeilles 28, 1410 Waterloo
  • Board rule, 1, 4
  • Director appointment, (director (not named in the articles))
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

First establishment Avenue des Abeilles 28, Waterloo

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 15 December 2023, Makesvalue was incorporated as a private limited company by one natural person, with a starting capital of €1,000.12 is director of the company, appointed by deed of 19-12-2023.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 19-12-2023
  3. 3National Bank, annual accounts 2025

Company details

Identity

Enterprise number
1003.461.634
VAT number
BE 1003.461.634
Peppol ID
0208:1003461634
Legal form
Private limited company
Status
Active, normal situation
Founded
15-12-2023
Financial year
ends on 31 December
Peppol
Reachable since 25-10-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
Makesvalue in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 19-12-2023 (in French)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
70210 Activities of head offices; management consultancy activities main activity
70220 Business consulting
PurposeThe purpose describes the activities the company may carry out under its articles.
“Le conseil aux entreprises dans le domaine des relations publiques et de la communication; Le conseil pour les affaires,et autres conseils…”
17 activities
  1. Le conseil aux entreprises dans le domaine des relations publiques et de la communication
  2. Le conseil pour les affaires,et autres conseils en gestion,en organisations et d’analyse financière;
  3. Activités des agences de publicité,dont la conception de textes,slogans,films et objets publicitaires;
  4. Conception et réalisation de campagnes publicitaires pour des tiers,en utilisant tous les médias;
  5. En général toutes les activités qui touchent à la publicité,aux techniques de vente sur tout support;
  6. Les études de marché et les sondages d’opinion et l’analyse de ceux-ci;
  7. La conception de technique de publicité et leur mise en œuvre;
  8. Régies publicitaires de médias pour la vente de temps d'antenne et d'espaces publicitaires;
  9. Les activités relatives aux promoteurs immobiliers,notamment,l’achat,la construction,la gestion,la location,la vente d’immeubles ou de terrains bâtis ou non bâtis en direct ou comme intermédiaire;
  10. Les activités de design,de création de modèles,pour les biens personnels,domestiques et industriels;
  11. La consultance et les prestations de services sous forme d’études,d’expertises,de conseils et d’avis;
  12. L’organisation de salons professionnels et publics et de congrès;
  13. La promotion et l’organisation de spectacles vivants;
  14. La formation et l’enseignement au sens large;
  15. Le commerce de marchandises et de biens divers en gros ou au détail,notamment par correspondance et par internet;
  16. La programmation informatique et le traitement de données;
  17. Portails internet.
deed of 19-12-2023 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Avenue des Abeilles 28 registered office 1410 Waterloo 15-12-2023 2.353.299.677

Buildings and parcels at the address

Ground area
719 m²
Buildings
149 m²
Volume, LiDAR
969 m³
Tallest building
9.1 m
Buildings to scale, each on its own parcel
149 m², 9.1 m 149 m², 9.1 m

Location

registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
25110S0026/02Y003719 m² 1 · 149 m² 9.1 m · 2