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MAYDEC

Active
Private limited companyfounded 20251 yr activeRue Viane 4, 7370 Dour, BelgiumKBO/BCE: BE 1018.275.415
Summary

MAYDEC has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51,439 and a net result of €49,439. Its solvency ranks better than 25% of 18458 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2025
Axes
Profitability66
Solvency29
Growth-
Track record67
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity short (current ratio 0.97; short-term debt: 37.1% and cash: 12.2% of total assets), and 95.8% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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
4.2%
Return on assets
4%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 18458 sector peers (2025).
NBB · sector comparison
Position among 18458 sector peers
Solvency
better than 25%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-08-2026, 23 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
23 d late
← before the deadline after the deadline →
Checked, nothing found (1)
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

History

On 6 January 2025, MAYDEC was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€51,439
Total assets
€1.2m
Net result
€49,439
Working capital
-€11,679

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €1.2m
Fixed assets €783,575
Current assets €444,426
Equity and liabilities €1.2m
Equity €51,439
Debt €1.2m
Debt finances 95.8% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€142,717
Cash flow
€90,205
Current ratio
0.97
Quick ratio
0.67
Debt to equity
22.87
ROE
96.1%
ROA
4.0%
Interest coverage
5.06
Debt ≤ 1 year
€456,105
Debt > 1 year
€720,457
Income taxes
€24,452
Staff costs
€177,860
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 47 lines
Balance sheet Code2025
Assets
Total assets20/58€1.2m
Fixed assets21/28€783,575
Intangible fixed assets21€779,337
Tangible fixed assets22/27€2,884
Furniture and vehicles24€2,884
Financial fixed assets28€1,354
Current assets29/58€444,426
Stocks and contracts in progress3€137,530
Stocks30/36€137,530
Amounts receivable within one year40/41€108,787
Trade receivables40€65,787
Other amounts receivable41€43,000
Cash at bank and in hand54/58€150,314
Deferred charges and accrued income490/1€47,796
Equity and liabilities
Total equity and liabilities10/49€1.2m
Equity10/15€51,439
Contributions10/11€2,000
Reserves13€49,000
Distributable reserves133€49,000
Profit (loss) carried forward14€439
Amounts payable17/49€1.2m
Amounts payable after more than one year17€720,457
Financial debts170/4€720,457
Amounts payable within one year42/48€456,105
Current portion of amounts payable after more than one year42€87,248
Trade debts44€193,968
Suppliers440/4€193,968
Taxes, remuneration and social security45€73,931
Taxes450/3€37,078
Remuneration and social security454/9€36,854
Other amounts payable47/48€100,958
Income statement Code2025
Remuneration, social security and pensions62€177,860
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40,765
Other operating charges640/8€20
Gross operating margin9900€320,597
Operating profit (loss)9901€101,952
Financial income75/76B€156
Recurring financial income75€156
Financial charges65/66B€28,216
Recurring financial charges65€28,216
Profit (loss) for the period before taxes9903€73,892
Income taxes67/77€24,452
Profit (loss) for the period9904€49,439
Profit (loss) for the period to be appropriated9905€49,439
Appropriation of the result
Profit (loss) to be appropriated9906€49,439
Transfer to equity691/2€49,000
To other reserves6921€49,000

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€177,860
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40,765
Other operating charges640/8€20
Gross operating margin9900€320,597
Operating profit (loss)9901€101,952
Financial income75/76B€156
Recurring financial income75€156
Financial charges65/66B€28,216
Recurring financial charges65€28,216
Profit (loss) for the period before taxes9903€73,892
Income taxes67/77€24,452
Profit (loss) for the period9904€49,439
Profit (loss) for the period to be appropriated9905€49,439
Line2025
Assets
Total assets20/58€1.2m
Fixed assets21/28€783,575
Intangible fixed assets21€779,337
Tangible fixed assets22/27€2,884
Furniture and vehicles24€2,884
Financial fixed assets28€1,354
Current assets29/58€444,426
Stocks and contracts in progress3€137,530
Stocks30/36€137,530
Amounts receivable within one year40/41€108,787
Trade receivables40€65,787
Other amounts receivable41€43,000
Cash at bank and in hand54/58€150,314
Deferred charges and accrued income490/1€47,796
Equity and liabilities
Total equity and liabilities10/49€1.2m
Equity10/15€51,439
Contributions10/11€2,000
Reserves13€49,000
Distributable reserves133€49,000
Profit (loss) carried forward14€439
Amounts payable17/49€1.2m
Amounts payable after more than one year17€720,457
Financial debts170/4€720,457
Amounts payable within one year42/48€456,105
Current portion of amounts payable after more than one year42€87,248
Trade debts44€193,968
Suppliers440/4€193,968
Taxes, remuneration and social security45€73,931
Taxes450/3€37,078
Remuneration and social security454/9€36,854
Other amounts payable47/48€100,958
Line2025
Profit (loss) for the period9904€49,439
+ Depreciation and write-downs630€40,765
Operating cash flow (approximation)€90,205

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
23-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 23 days late
NBB filing
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.

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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, Dour · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
6.3 ha
Building footprint
3.8 ha
Volume, LiDAR
315,099 m³
2 parcels, Wallonia · tallest building 15.8 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Alain Afflelou
Boulevard Walter de Marvis(TOU) 22, 7500 TournaiRetail sale of prescription glasses, lenses and sunglasses
since 20252.371.140.254
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
57462B0160/00Y003 Wallonia 6.2 ha 1 · 3.8 ha 15.8 m · 3 fl.
53012A0052/00R000 Wallonia 1,199 m² 1 · 323 m² 6.1 m · 1 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 1,732 companies in sector 47742 we hold annual accounts for 1,137. 932 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
Founded06-01-2025
Fiscal year end31-12
Activities, NACEBEL 2025
47742Retail sale of prescription glasses, lenses and sunglasses

Scores and ratios are computed by Checked and are not a credit decision.