MANAGEMENT ADVICE & DEVELOPMENT
MANAGEMENT ADVICE & DEVELOPMENT has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €192k and a net result of €38k. Equity is growing by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 77% of 30893 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
| Equity | €192k |
| Net result | €38k |
| Better than sector | 77% |
| Active | 26 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 80.3% | 55.9% | |
| Net result | €38k | €27k | |
| Equity | €192k | €83k | |
| Gross operating margin | €55k | €54k | |
| Total assets | €239k | €186k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | €53k | €40k | €52k |
| Net profit | €38k | €28k | €36k |
| Cash flow | €38k | €28k | €36k |
| Staff costs | - | - | - |
| Income taxes | €17k | €12k | €15k |
| Dividends | €33k | €8k | €9k |
| Total assets | €239k | €208k | €191k |
| Equity | €192k | €187k | €167k |
| Debt | €47k | €21k | €24k |
| of which ≤ 1y | €47k | €21k | €24k |
| of which > 1y | - | - | - |
| Working capital | €192k | €187k | €167k |
| Employees (FTE) | - | - | - |
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 5.08 | 9.98 | 8.07 |
| Quick ratio | 5.08 | 9.98 | 8.07 |
| Working capital ratio | 80.3% | 89.8% | 87.3% |
| Solvency | 80.3% | 90.0% | 87.7% |
| Debt / equity | 0.25 | 0.11 | 0.14 |
| Long-term debt ratio | - | - | - |
| Interest coverage | 744.86 | 151.40 | 262.76 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 16.0% | 13.2% | 18.9% |
| ROE | 19.9% | 14.7% | 21.6% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €239k | €208k | €191k |
| Fixed assets | 21/28 | €74 | €331 | €623 |
| Tangible fixed assets | 22/27 | - | €257 | €549 |
| Financial fixed assets | 28 | €74 | €74 | €74 |
| Current assets | 29/58 | €239k | €208k | €190k |
| Amounts receivable within one year | 40/41 | €17k | €17k | €16k |
| Investments | 50/53 | €115k | €31k | €31k |
| Cash & bank | 54/58 | €105k | €158k | €142k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €239k | €208k | €191k |
| Equity | 10/15 | €192k | €187k | €167k |
| Contributions / capital | 10/11 | €19k | €19k | €19k |
| Reserves | 13 | €152k | €147k | €127k |
| Accumulated profits (losses) | 14 | €22k | €22k | €22k |
| Amounts payable | 17/49 | €47k | €21k | €24k |
| Amounts payable within one year | 42/48 | €47k | €21k | €24k |
| Trade debts payable within one year | 44 | €5k | €6k | €6k |
| Income statement | ||||
| Gross operating margin | 9900 | €55k | €41k | €53k |
| Operating result | 9901 | €53k | €39k | €52k |
| Financial income | 75 | €2k | €841 | €22 |
| Financial charges | 65 | €71 | €261 | €197 |
| Result before taxes | 9903 | €55k | €40k | €51k |
| Income taxes | 67/77 | €17k | €12k | €15k |
| Net result for the period | 9904 | €38k | €28k | €36k |
| Result to be appropriated | 9905 | €38k | €28k | €36k |
| NACE primary | Business and other management consultancy(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 23-03-2000 |
| Status | Active |
| Postal code | 1080 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21524C0115/00X000 | Brussels | 590 m² | 1 · 96 m² | 11.1 m · 3 fl. |
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
20-01-2004 Publication in the Belgian Official Gazette, Minor change
Technical details
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}| Legal nameFR | MANAGEMENT ADVICE & DEVELOPMENT |
| AbbreviationFR | M.A.D. |