MAKT
ActiveSummary
The computed 12-month bankruptcy probability of MAKT is 2.3% (moderate). The 2025 annual accounts show equity of €198,219 and a net result of €43,917. Equity is growing by ~37.3% per year across the filed fiscal years. Its solvency ranks better than 77% of 13683 sector peers (fiscal year 2025). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability87▼-2
Solvency87▲+4
Growth73▼-3
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days acceptable
Liquidity ample (current ratio 2.76 against 2.46 in 2024; short-term debt: 33.7% and cash: 88.2% of total assets), and 38.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Food and beverage service activities (NACE 56)
about 206% more 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
61.8%
Return on assets
13.7%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 17-12-2025, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
45 d early
2024
3 d late
2023
on the day
2022
4 d early
2021
24 d late
2020
10 d early
2019
50 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 12 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 31 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
€456,155▼ 2.4%
2024 · €467,469
EBIT margin
15.4%▼ 3.8pp
2024 · 19.2%
Net result
€43,917▲ 24.9%
2024 · €35,170
Working capital
€190,022▲ 22.7%
2024 · €154,848
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€121,032▼ 43.3%€366,675▲ 203%€431,158▲ 17.6%€467,469▲ 8.4%€456,155▼ 2.4%
Operating result€19,511▲ 50.0%€52,480▲ 169%€96,435▲ 83.8%€89,863▼ 6.8%€70,184▼ 21.9%
Net result€19,419within the sector's middle half▲ 177%€46,773above the sector's middle half▲ 141%€67,252above the sector's middle half▲ 43.8%€35,170above the sector's middle half▼ 47.7%€43,917above the sector's middle half▲ 24.9%
EBIT margin16.1%▲ 10.0pp14.3%▼ 1.8pp22.4%▲ 8.1pp19.2%▼ 3.1pp15.4%▼ 3.8pp
Equity€60,106within the sector's middle half▲ 47.7%€81,879within the sector's middle half▲ 36.2%€129,132above the sector's middle half▲ 57.7%€164,302above the sector's middle half▲ 27.2%€198,219above the sector's middle half▲ 20.6%
Total assets€122,221within the sector's middle half▲ 34.3%€195,822within the sector's middle half▲ 60.2%€252,064above the sector's middle half▲ 28.7%€285,338above the sector's middle half▲ 13.2%€320,751above the sector's middle half▲ 12.4%
Debt€62,115▲ 23.5%€113,943▲ 83.4%€122,933▲ 7.9%€121,036▼ 1.5%€122,532▲ 1.2%
Working capital€58,742within the sector's middle half▲ 61.3%€75,959above the sector's middle half▲ 29.3%€119,606above the sector's middle half▲ 57.5%€154,848above the sector's middle half▲ 29.5%€190,022above the sector's middle half▲ 22.7%
Solvency49.2%within the sector's middle half▲ 4.5pp41.8%within the sector's middle half▼ 7.4pp51.2%within the sector's middle half▲ 9.4pp57.6%within the sector's middle half▲ 6.4pp61.8%above the sector's middle half▲ 4.2pp
Current ratio2.00within the sector's middle half▲ 0.221.81above the sector's middle half▼ 0.192.11above the sector's middle half▲ 0.302.46above the sector's middle half▲ 0.352.76above the sector's middle half▲ 0.29
Return on assets (ROA)15.9%within the sector's middle half▲ 8.2pp23.9%above the sector's middle half▲ 8.0pp26.7%above the sector's middle half▲ 2.8pp12.3%within the sector's middle half▼ 14.4pp13.7%within the sector's middle half▲ 1.4pp
Staff (FTE)0.5below the sector's middle half▼ 50.0%2.7below the sector's middle half▲ 440%2▼ 25.9%3.3▲ 65.0%3.8▲ 15.2%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 22% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €320,751
Fixed assets
€22,484 ▼ 9.2%
Current assets
€298,267 ▲ 14.5%
Equity and liabilities €320,751
Equity
€198,219 ▲ 20.6%
Debt
€122,532 ▲ 1.2%
Debt's share of the balance-sheet total falls from 42.4% to 38.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€78,090▼
2024 · €97,535
Cash flow
€51,823▲
2024 · €42,843
Quick ratio
2.68▲
2024 · 2.44
Debt to equity
0.62▼
2024 · 0.74
ROE
22.2%▲
2024 · 21.4%
Interest coverage
8.28▼
2024 · 16.47
Debt ≤ 1 year
€108,245▲
2024 · €105,738
Income taxes
€16,885▼
2024 · €48,773
Staff costs
€109,239▲
2024 · €105,413
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a higher bankruptcy probability: 2.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €121,032 | €366,675 | €431,158 | €467,469 | €456,155 | ▼ 2.4% |
| Goods, raw materials, services and sundry goods60/61 | - | €266,226 | €254,533 | €260,208 | €270,962 | ▲ 4.1% |
| Remuneration, social security and pensions62 | - | €48,550 | €72,896 | €105,413 | €109,239 | ▲ 3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,905 | €4,868 | €7,433 | €7,672 | €7,906 | ▲ 3.0% |
| Other operating charges640/8 | - | €3,494 | €5,274 | €4,316 | €6,186 | ▲ 43.3% |
| Non-recurring operating charges66A | - | €1,120 | - | - | - | - |
| Gross operating margin9900 | €42,293 | €110,512 | €182,038 | €207,264 | €193,515 | ▼ 6.6% |
| Operating profit (loss)9901 | €19,511 | €52,480 | €96,435 | €89,863 | €70,184 | ▼ 21.9% |
| Financial income75/76B | - | - | - | €3 | €43 | ▲ 1,330% |
| Recurring financial income75 | - | - | - | €3 | €43 | ▲ 1,330% |
| Financial charges65/66B | - | €309 | €3,654 | €5,923 | €9,426 | ▲ 59.1% |
| Recurring financial charges65 | €92 | €309 | €3,654 | €5,923 | €9,426 | ▲ 59.1% |
| Profit (loss) for the period before taxes9903 | €19,419 | €52,172 | €92,780 | €83,943 | €60,802 | ▼ 27.6% |
| Income taxes67/77 | - | €5,398 | €25,528 | €48,773 | €16,885 | ▼ 65.4% |
| Profit (loss) for the period9904 | €19,419 | €46,773 | €67,252 | €35,170 | €43,917 | ▲ 24.9% |
| Profit (loss) for the period to be appropriated9905 | €19,419 | €46,773 | €67,252 | €35,170 | €43,917 | ▲ 24.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €122,221 | €195,822 | €252,064 | €285,338 | €320,751 | ▲ 12.4% |
| Fixed assets21/28 | €4,544 | €25,782 | €24,826 | €24,752 | €22,484 | ▼ 9.2% |
| Tangible fixed assets22/27 | €3,174 | €24,412 | €23,456 | €23,382 | €21,114 | ▼ 9.7% |
| Land and buildings22 | - | €20,670 | €15,900 | €16,590 | €11,830 | ▼ 28.7% |
| Plant, machinery and equipment23 | - | - | €2,105 | €1,684 | €1,263 | ▼ 25.0% |
| Furniture and vehicles24 | - | €3,742 | €5,451 | €5,108 | €8,021 | ▲ 57.0% |
| Financial fixed assets28 | €1,370 | €1,370 | €1,370 | €1,370 | €1,370 | = |
| Current assets29/58 | €117,677 | €170,040 | €227,238 | €260,586 | €298,267 | ▲ 14.5% |
| Stocks and contracts in progress3 | €1,139 | €2,390 | €2,875 | €2,875 | €7,731 | ▲ 169% |
| Stocks30/36 | - | €2,390 | €2,875 | €2,875 | €7,731 | ▲ 169% |
| Amounts receivable within one year40/41 | €12,876 | €7,390 | €765 | €328 | €6,164 | ▲ 1,781% |
| Trade receivables40 | - | €5,160 | - | - | - | - |
| Other amounts receivable41 | - | €2,230 | €765 | €328 | €6,164 | ▲ 1,781% |
| Cash at bank and in hand54/58 | €103,662 | €160,261 | €223,598 | €257,383 | €282,746 | ▲ 9.9% |
| Deferred charges and accrued income490/1 | - | - | - | - | €1,626 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €122,221 | €195,822 | €252,064 | €285,338 | €320,751 | ▲ 12.4% |
| Equity10/15 | €60,106 | €81,879 | €129,132 | €164,302 | €198,219 | ▲ 20.6% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Issued capital100 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Uncalled capital101 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €1,860 | €21,860 | €67,315 | €102,485 | €136,402 | ▲ 33.1% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €20,000 | €65,455 | €100,625 | €134,542 | ▲ 33.7% |
| Profit (loss) carried forward14 | €52,046 | €53,819 | €55,617 | €55,617 | €55,617 | = |
| Amounts payable17/49 | €62,115 | €113,943 | €122,933 | €121,036 | €122,532 | ▲ 1.2% |
| Amounts payable within one year42/48 | €58,935 | €94,081 | €107,632 | €105,738 | €108,245 | ▲ 2.4% |
| Trade debts44 | €4,324 | €10,484 | €14,491 | €8,652 | €40,414 | ▲ 367% |
| Suppliers440/4 | - | €10,484 | €14,491 | €8,652 | €40,414 | ▲ 367% |
| Taxes, remuneration and social security45 | - | €27,713 | €52,545 | €75,432 | €53,818 | ▼ 28.7% |
| Taxes450/3 | - | €13,199 | €32,278 | €52,707 | €22,857 | ▼ 56.6% |
| Remuneration and social security454/9 | - | €14,514 | €20,267 | €22,725 | €30,961 | ▲ 36.2% |
| Other amounts payable47/48 | - | €55,885 | €40,595 | €21,654 | €14,013 | ▼ 35.3% |
| Accrued charges and deferred income492/3 | - | €19,861 | €15,301 | €15,298 | €14,287 | ▼ 6.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,419 | €46,773 | €67,252 | €35,170 | €43,917 | ▲ 24.9% |
| + Depreciation and write-downs630 | €2,905 | €4,868 | €7,433 | €7,672 | €7,906 | ▲ 3.0% |
| Operating cash flow (approximation) | €22,324 | €51,641 | €74,685 | €42,843 | €51,823 | ▲ 21.0% |
| Investment in fixed assets (approximation) | - | -€26,105 | -€6,477 | -€7,598 | -€5,638 | ▲ 25.8% |
| Change in cash | - | €56,599 | €63,338 | €33,785 | €25,362 | ▼ 24.9% |
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
Next filing, fiscal year 2026, expected by
2025
17-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 3 days late
2024
30-06
Financial
Equity above €150,000Eq €164,302 ▲27.2%
6 profitable years in a row build equity to €164,302.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2019net €67,252 ▲43.8%
Operating result €96,435, net result €67,252, both a record.
30-06
Financial
Equity above €100,000Eq €129,132 ▲57.7%
5 profitable years in a row build equity to €129,132.
27-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
24-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 24 days late
2021
21-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
12-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
09-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
26-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2015
04-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Brussel · 1 establishment unit since 2009
Ground area
97 m²
Building footprint
86 m²
Volume, LiDAR
1,811 m³
Parcel 21812N0690/00B000, Brussels · tallest building 24.3 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
MAKT
since 20092.178.278.421
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21812N0690/00B000 | Brussels | 97 m² | 1 · 86 m² | 24.3 m · 7 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrussel2.178.278.421
Similar companies · same sector, comparable size
SANCHRIS
BE 0884.264.074
Charleroi · Eq €198,178
BALLEKES BRUSSELS
BE 0645.849.160
Brussel · Eq €198,388
TOPAZI
BE 0464.599.514
Elsene · Eq €198,581
COMPTOIRS ABC
BE 0563.833.482
Vorst · Eq €197,854
LOSTE
BE 0795.520.754
Kortrijk · Eq €197,777
Of 14,001 companies in sector 56301 we hold annual accounts for 4,899. 3,121 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
Founded29-04-2009
Fiscal year end30-06
Activities, NACEBEL 2025
56301Cafés and bars
E-invoicing
Reachable via Peppol
Peppol ID
0208:0811436969
Also
9925:BE0811436969
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.