MAUDE

Active

Private limited companyfounded 2008active for 18 yearsDrukpersstraat 4, 1000 Brussel, Belgium261 active companies are registered at this addressKBO/BCE: BE 0806.933.496

Summary

The computed 12-month bankruptcy probability of MAUDE is 2.5% (moderate). The 2025 annual accounts show negative equity (-€376,959) and a net result of -€79,456. Equity remains stable across the filed financial years (±1.5% per year). Its solvency ranks better than 9% of 5,017 sector peers (NACE 47, financial year 2025). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

MAUDEActiveChecked score 49/100

Risk analysis Report Compare

Activity

Retail sale of clothing and accessories for women, men, children and babies (general range)

NACE 47716

2 sites

Size

€2.9mtotal assets 2025

Staff: 15.8 FTE
Equity: -€376,959
Loss: -€79,456

Financial health

49 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 2.5%

Structure

Vincenza TramontanaDirector

2025 accounts filed 25 days late2 of 6 deeds summarised

Why 49raises riskNegative equity -€376,959Liquidity: current ratio 0.87, cash €23,569Loss of €79,456 (financial year 2025)lowers riskFigures for financial year 2025 (filed 26-05-2026)Show the evidence

Checked score

Score 2025

49 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 8% of its sector peers (NACE 47, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 12-2

equity -13.1% of total assets

Liquidity 1=

short-term debt 113.1% · cash 0.8%

Profitability 15-39

return on assets -2.8%

Bankruptcy probability, 12 months

2.5% Moderate

0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (3,693 companies, NACE 47, small)

Last 24 months 11-2024: 2.4% 12-2024: 2.7%▲ +0.3 percentage points vs 11-2024 01-2025: 2.7%● unchanged vs 12-2024 02-2025: 2.7%● unchanged vs 01-2025 03-2025: 2.8%▲ +0.1 percentage points vs 02-2025 04-2025: 3.2%▲ +0.4 percentage points vs 03-2025 05-2025: 3.8%▲ +0.6 percentage points vs 04-2025highest value 06-2025: 0.5%▼ -3.3 percentage points vs 05-2025lowest value 07-2025: 0.5%● unchanged vs 06-2025lowest value 08-2025: 0.5%● unchanged vs 07-2025lowest value 09-2025: 0.5%● unchanged vs 08-2025lowest value 10-2025: 0.5%● unchanged vs 09-2025lowest value 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.6%▲ +0.1 percentage points vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.7%▲ +0.1 percentage points vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.9%▲ +0.2 percentage points vs 03-2026 05-2026: 1.3%▲ +0.4 percentage points vs 04-2026 06-2026: 2.5%▲ +1.2 percentage points vs 05-2026 07-2026: 2.5%● unchanged vs 06-2026 08-2026: 2.5%● unchanged vs 07-2026 09-2026: 2.5%● unchanged vs 08-2026 10-2026: 2.5%● unchanged vs 09-2026

No credit on open account

Liquidity insufficient (current ratio 0.87, compared with 0.89 in 2024, below 1; short-term debt: 113.1% and cash: 0.8% of total assets), and equity is negative.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, small): better than 6% on solvency, 2% on liquidity, 10% on profitability and 14% on growth.

The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises riskneutral

Negative equity -€376,959

NBB · annual accounts

Liquidity: current ratio 0.87, cash €23,569

NBB · annual accounts

Figures for financial year 2025 (filed 26-05-2026)

NBB · annual accounts

Loss of €79,456 (financial year 2025)

NBB · annual accounts

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

19202122232425

2019 to 2025 · latest year -€376,959

A punctual record breaks

This company filed 5 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 25-05-2026, 25 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.

NBB · 10 filings

Deviation from the deadline

2025

25 days late

2024

on the day

2023

15 days early

2022

10 days early

2021

30 days early

2020

15 days early

2019

26 days late

← 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 3 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 20 April (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

30-09-2026 year end27-10-2026 today30-04-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

28-08-2026 Resignation: CULOT Emanuela (director)Director discharge
25-05-2026 Annual accounts filedfinancial year 2025 · full…
30-04-2025 Annual accounts filedfinancial year 2024 · micro…

Key points

Risk: Negative equityfinancial year 2025: debts exceed assets -€376,959 View
Caution: From profit to loss in 2025after €2,826 in 2024 -€79,456 View
Caution: Among the weakest 5% on equitysector median €448,149 · 5,018 companies -€376,959 View
Caution: A director leftlatest change 30-04-2026 · 1 in office 1 left View

By topic

Financials

Financial year: 2025
Total assets: €2.9m
Loss: -€79,456
Solvency: -13.1%

Total assets▲ 7.9%

Net result

20192025

Go to Financials

Board & ownership

Board: 1 member

Vincenza TramontanaDirector

Go to Board & ownership

Timeline

Events: 22
Since: 2010
Next accounts: by 30-04-2027

24-01-2025Resignations: Vincenza Tramontana (manager) and Emanuela CULOT…
30-09-2024Back to profit
15-04-2024Annual accounts filed

Go to Timeline

Company details

Sites: 2

Legal form: Private limited company
Activity: Retail sale of clothing and accessories for women…NACE 47716
Founded: 08-10-2008
Year ends: 30-09
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 28

Annual meeting: Last Saturday of March at 18:00
Purpose: “L’achat,la vente en gros ou en détail,la consignation,l’importation,l’exportation,la…” (deed in French)

Go to Articles of association

Key facts about MAUDE

What is the company number of MAUDE?: 0806.933.496. In Belgium the VAT number is the company number with BE in front: BE 0806.933.496.
Where is MAUDE based?: The registered office is at Drukpersstraat 4, 1000 Brussel.Company details
What does MAUDE do?: According to the KBO register, the main activity is retail sale of clothing and accessories for women, men, children and babies (general range) (NACE 47716).
What is the legal form of MAUDE?: Private limited company (BV).
When was MAUDE founded?: On 08-10-2008.
Is MAUDE still active?: Yes, MAUDE is an active enterprise in the KBO register.
How many employees does MAUDE have?: On average 15.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of MAUDE?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is MAUDE profitable?: In financial year 2025, MAUDE made a loss of €79,456.
Where can I find the annual accounts of MAUDE?: MAUDE filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MAUDE due?: By 30-04-2027, for financial year 2026.Timeline