MAW
ActiveSummary
The computed 12-month bankruptcy probability of MAW is 7.3% (elevated). The 2024 annual accounts show equity of €2,036 and a net result of -€248. Equity is shrinking by ~32.5% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 4 accounts on average 92 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
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Peer companies
Historical observationOf the 1,550 companies that looked in July 2024 the way this one looks now, 3.9% went bankrupt within 24 months and 91% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a small loss
A further 1.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 7.3% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 1,550 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.
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | €442 | €248 | ▼ 44.1% |
| Gross operating margin9900 | €3,346 | €3,613 | -€4,067 | - | - |
| Operating profit (loss)9901 | €3,346 | €3,613 | -€4,509 | -€248 | ▲ 94.5% |
| Financial charges65/66B | €81 | €105 | €107 | - | - |
| Recurring financial charges65 | €81 | €105 | €107 | - | - |
| Profit (loss) for the period before taxes9903 | €3,265 | €3,507 | -€4,617 | -€248 | ▲ 94.6% |
| Income taxes67/77 | €666 | €936 | €1,270 | - | - |
| Profit (loss) for the period9904 | €2,599 | €2,571 | -€5,887 | -€248 | ▲ 95.8% |
| Profit (loss) for the period to be appropriated9905 | €2,599 | €2,571 | -€5,887 | -€248 | ▲ 95.8% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €12,207 | €17,232 | €13,280 | €13,280 | = |
| Current assets29/58 | €12,207 | €17,232 | €13,280 | €13,280 | = |
| Stocks and contracts in progress3 | €7,000 | €7,000 | - | - | - |
| Contracts in progress37 | €7,000 | €7,000 | - | - | - |
| Amounts receivable within one year40/41 | €736 | €9,727 | €12,776 | €12,776 | = |
| Other amounts receivable41 | €736 | €9,727 | €12,776 | €12,776 | = |
| Current investments50/53 | - | - | €504 | - | - |
| Cash at bank and in hand54/58 | €4,471 | €505 | - | €504 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €12,207 | €17,232 | €13,280 | €13,280 | = |
| Equity10/15 | €5,599 | €8,170 | €2,283 | €2,036 | ▼ 10.8% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €2,599 | €5,170 | -€717 | -€964 | ▼ 34.5% |
| Amounts payable17/49 | €6,608 | €9,062 | €10,997 | €11,244 | ▲ 2.3% |
| Amounts payable within one year42/48 | €6,608 | €9,062 | €10,997 | €11,244 | ▲ 2.3% |
| Trade debts44 | €121 | €1,194 | €4,980 | €4,980 | = |
| Suppliers440/4 | €121 | €1,194 | €4,980 | €4,980 | = |
| Taxes, remuneration and social security45 | €6,488 | €7,869 | €6,017 | €6,264 | ▲ 4.1% |
| Taxes450/3 | €1,929 | €3,847 | €6,017 | €6,264 | ▲ 4.1% |
| Remuneration and social security454/9 | €4,558 | €4,022 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,599 | €2,571 | -€5,887 | -€248 | ▲ 95.8% |
| Operating cash flow (approximation) | €2,599 | €2,571 | -€5,887 | -€248 | ▲ 95.8% |
| Change in cash | - | -€3,965 | - | - | - |
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
About the unread acts
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.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21463C0415/00R004 | Brussels | 272 m² | 1 · 120 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.