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MAKID-Development

Active
Private limited companyfounded 20205 yrs activeSchorsmolenstraat 2, 2800 Mechelen, BelgiumKBO/BCE: BE 0755.969.401

MAKID-Development has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €139k and a net result of €41k. Equity is growing by ~45% per year across the filed fiscal years. Its solvency ranks better than 95% of 13908 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
100 / 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Stability94
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 24.43 against 7.07 in 2024), and 4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 5 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
96%
Return on assets
28.1%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 04-02-2026, 85 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
85 d early
2024
7 d early
2023
27 d early
2022
22 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
15-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€139k▲ 41.3%
2024 · €99k
2022: €33k 2023: €62k 2024: €99k
2022 → 2025
Total assets
€145k▲ 27.3%
2024 · €114k
2022: €44k 2023: €77k 2024: €114k
2022 → 2025
Net result
€41k▲ 10.8%
2024 · €37k
2022: €28k 2023: €29k 2024: €37k
2022 → 2025
Working capital
€135k▲ 44.6%
2024 · €93k
2022: €33k 2023: €57k 2024: €93k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2022202320242025Trend
Equity€33k-€62k▲ 87.8%€99k▲ 59.4%€139k▲ 41.3%
Operating result€37k-€38k▲ 0.9%€47k▲ 24.6%€52k▲ 11.5%
Net result€28k-€29k▲ 3.5%€37k▲ 27.1%€41k▲ 10.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2022: €37k€37kNet result 2022: €28k€28kOperating result 2023: €38k€38kNet result 2023: €29k€29kOperating result 2024: €47k€47kNet result 2024: €37k€37kOperating result 2025: €52k€52kNet result 2025: €41k€41k2022202320242025
The operating result has risen three years in a row; 2025 is 12% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €145k
Fixed assets €4k▼ 17.2%
Current assets €141k▲ 29.5%
Equity and liabilities €145k
Equity €139k▲ 41.3%
Debt €6k▼ 62.5%
The debt ratio falls from 13.5% to 4.0%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€54k
2024 · €48k
Cash flow
€42k
2024 · €38k
Solvency
96.0%
2024 · 86.5%
Current ratio
24.43
2024 · 7.07
Quick ratio
24.43
2024 · 7.07
Debt / equity
0.04
2024 · 0.16
ROE
29.2%
2024 · 37.3%
ROA
28.1%
2024 · 32.2%
Interest coverage
39.66
2024 · 38.93
Debt
€6k
2024 · €15k
Debt ≤ 1 year
€6k
2024 · €15k
Income taxes
€11k
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€114k€145k
Fixed assets21/28€5k€4k
Tangible fixed assets22/27€5k€4k
Plant, machinery and equipment23€2k€2k
Furniture and vehicles24€4k€3k
Current assets29/58€109k€141k
Amounts receivable within one year40/41€14k€22k
Trade receivables40€13k€17k
Other amounts receivable41€1k€5k
Current investments50/53€30k€83k
Cash at bank and in hand54/58€65k€36k
Deferred charges and accrued income490/1€105€728
Equity and liabilities
Total equity and liabilities10/49€114k€145k
Equity10/15€99k€139k
Contributions10/11€5k€5k=
Reserves13€94k€134k
Distributable reserves133€94k€134k
Amounts payable17/49€15k€6k
Amounts payable within one year42/48€15k€6k
Trade debts44€1k€843
Suppliers440/4€1k€843
Taxes, remuneration and social security45€9k€1k
Taxes450/3€9k€1k
Other amounts payable47/48€5k€3k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k
Other operating charges640/8€582€637
Gross operating margin9900€49k€55k
Operating profit (loss)9901€47k€52k
Financial income75/76B€720€611
Recurring financial income75€720€611
Financial charges65/66B€1k€1k
Recurring financial charges65€1k€1k
Profit (loss) for the period before taxes9903€46k€51k
Income taxes67/77€9k€11k
Profit (loss) for the period9904€37k€41k
Profit (loss) for the period to be appropriated9905€37k€41k
Appropriation of the result
Profit (loss) to be appropriated9906€37k€41k
Transfer to equity691/2€37k€41k
To other reserves6921€37k€41k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
04-02
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial Highest result since 2022net €41k ▲10.8%
Operating result €52k, net result €41k, both a record.
30-09
Financial Liquidity triplescurrent ratio 24.43
Current ratio from 7.07 to 24.43; short-term debt falls from €15k to €6k.
30-09
Financial Equity above €100kEq €139k ▲41.3%
4 profitable years in a row build equity to €139k.
23-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
03-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
08-04
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Mechelen · 1 establishment unit since 2020
establishment The establishment unit on the map
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.

Schorsmolenstraat 22800 Mechelen
Ground area
277 m²
Building footprint
140 m²
Volume, LiDAR
49 m³
Parcel 12402B0481/00F002, Flanders · tallest building 7.9 m. Linked by address, not a title deed.
1 establishment unit
MAKID-Development
Schorsmolenstraat 2, 2800 MechelenReal estate development
since 20202.308.485.182
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12402B0481/00F002 Flanders 277 m² 1 · 140 m² 7.9 m
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

Legal Entity Identifier

699400SLU9SXR5O9QO60
live in the LEI register

Similar companies · same sector, comparable size

Of 9,633 companies in sector 68121 we hold annual accounts for 7,327. 5,313 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded09-10-2020
Fiscal year end30-09
Activities, NACEBEL
68121Development of residential building projects
68122Development of non-residential building projects
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.