M.A.K.
ActiveM.A.K. has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €168k and a net result of €896. Equity is growing by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 91% of 7376 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability50▼-21
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 6.66 against 5.09 in 2024; short-term debt: 14.9% and cash: 0.5% of total assets), and 14.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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
85.1%
Return on assets
0.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 10 filingsDeviation from the deadline
2025
28 d late
2024
69 d late
2023
64 d late
2022
123 d late
2021
24 d late
2020
25 d late
2019
117 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Name match with a sanctions list
2 entriesK M A
M K A
A name match is not a finding that this company itself is on the list; check the entry at the source.
Financials · fiscal year 2025, micro schema
Turnover
€194k
EBIT margin
25.0%
Net result
€896▼ 71.9%
2024 · €3k
2018: €13k
2019: €-13k
2020: €9k
2021: €38k
2022: €14k
2023: €15k
2024: €3k
2018 → 2025
Working capital
€167k▲ 4.8%
2024 · €159k
2018: €96k
2019: €85k
2020: €96k
2021: €133k
2022: €158k
2023: €140k
2024: €159k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€194k-
Equity€136k-€150k▲ 9.9%€164k▲ 9.7%€167k▲ 1.9%€168k▲ 0.5%
Operating result€48k-€24k▼ 51.2%€22k▼ 8.9%€432▼ 98.0%€-4k
Net result€38k-€14k▼ 64.3%€15k▲ 7.5%€3k▼ 78.1%€896▼ 71.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €4k after €432 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €198k
Fixed assets
€2k▼ 88.9%
Current assets
€196k▼ 0.9%
Equity and liabilities €198k
Equity
€168k▲ 0.5%
Debt
€29k▼ 33.6%
The debt ratio falls from 20.9% to 14.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€8k▼
2024 · €24k
Cash flow
€13k▼
2024 · €26k
Solvency
85.1%▲
2024 · 79.1%
Current ratio
6.66▲
2024 · 5.09
Quick ratio
6.66▲
2024 · 5.09
Debt / equity
0.18▼
2024 · 0.26
ROE
0.5%▼
2024 · 1.9%
ROA
0.5%▼
2024 · 1.5%
Interest coverage
3.62▼
2024 · 7.89
Debt
€29k▼
2024 · €44k
Debt ≤ 1 year
€29k▼
2024 · €39k
Income taxes
€1k▼
2024 · €4k
Staff costs
€900▲
2024 · €339
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€212k€198k▼
Fixed assets21/28€14k€2k▼
Tangible fixed assets22/27€14k€2k▼
Plant, machinery and equipment23€13k€999▼
Furniture and vehicles24€682€530▼
Current assets29/58€198k€196k▼
Amounts receivable within one year40/41€197k€194k▼
Trade receivables40€35k€20k▼
Other amounts receivable41€162k€174k▲
Cash at bank and in hand54/58€327€906▲
Deferred charges and accrued income490/1€435€781▲
Equity and liabilities
Total equity and liabilities10/49€212k€198k▼
Equity10/15€167k€168k▲
Contributions10/11€19k€19k=
Reserves13€149k€150k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€147k€148k▲
Amounts payable17/49€44k€29k▼
Amounts payable after more than one year17€5k-
Financial debts170/4€5k-
Amounts payable within one year42/48€39k€29k▼
Current portion of amounts payable after more than one year42€6k€5k▼
Financial debts43€10k€10k▼
Credit institutions430/8€10k€10k▼
Trade debts44€12k€9k▼
Suppliers440/4€12k€9k▼
Taxes, remuneration and social security45€11k€5k▼
Taxes450/3€11k€5k▼
Income statement
Code20242025
Remuneration, social security and pensions62€339€900▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€12k▼
Other operating charges640/8€2k€5k▲
Gross operating margin9900€26k€14k▼
Operating profit (loss)9901€432€-4k▼
Financial income75/76B€10k€9k▼
Recurring financial income75€10k€9k▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€7k€2k▼
Income taxes67/77€4k€1k▼
Profit (loss) for the period9904€3k€896▼
Profit (loss) for the period to be appropriated9905€3k€896▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€896▼
Transfer to equity691/2€3k€896▼
To other reserves6921€3k€896▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
08-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 69 days late
2024
03-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 64 days late
2023
31-12
Financial
Equity above €150kEq €164k ▲9.7%
4 profitable years in a row build equity to €164k.
01-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 123 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-12
Financial
Highest result since 2018net €38k ▲307%
Operating result €48k, net result €38k, both a record.
31-12
Financial
Equity above €100kEq €136k ▲38.6%
2 profitable years in a row build equity to €136k.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
25-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 117 days late
2019
31-12
Financial
Weakest financial yearnet €-13k ▼194%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
26-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 57 days late
2018
17-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 48 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are 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, Beringen · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Oosthamsesteenweg 873581 BeringenGround area
995 m²
Building footprint
199 m²
Volume, LiDAR
12 m³
Parcel 71005C0250/00N000, Flanders · tallest building 1.1 m. Linked by address, not a title deed.
1 establishment unit
Oosthamsesteenweg 87, 3581 Beringen
since 20032.126.613.152
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71005C0250/00N000 | Flanders | 995 m² | 1 · 199 m² | 1.1 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
Dual-learning approval
3 endedSimilar companies · same sector, comparable size
D.R. BOUW
BE 0479.556.122
Bekkevoort · Eq €168k
MELFLOR
BE 0761.855.024
Tielt · Eq €168k
CREON CONSTRUCT
BE 0415.640.941
Brugge · Eq €168k
REVANALBETON
BE 0844.177.439
Menen · Eq €168k
BATIPERL
BE 0426.537.209
Sint-Jans-Molenbeek · Eq €168k
Of 29,810 companies in sector 41001 we hold annual accounts for 16,041. 12,435 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded28-01-2003
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.