MA Consult
ActiveSummary
MA Consult has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €232k and a net result of €65k. Equity is growing by ~44.3% per year across the filed fiscal years. Its solvency ranks better than 94% of 37953 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
95
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 19.97 against 15.27 in 2023; short-term debt: 4.8% and cash: 88.7% of total assets), and 4.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2024Solvency, return and age of the figures
Solvency
95.2%
Return on assets
26.8%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
34 d early
2022
38 d early
2021
33 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€232k▲ 39.1%
2023 · €167k
2021: €53k
2022: €105k
2023: €167k
2021 → 2024
Total assets
€243k▲ 37.1%
2023 · €178k
2021: €66k
2022: €115k
2023: €178k
2021 → 2024
Net result
€65k▲ 6.7%
2023 · €61k
2021: €48k
2022: €52k
2023: €61k
2021 → 2024
Working capital
€220k▲ 40.6%
2023 · €157k
2021: €53k
2022: €101k
2023: €157k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€53k-€105k▲ 97.9%€167k▲ 58.0%€232k▲ 39.1%
Operating result€60k-€65k▲ 8.0%€78k▲ 19.9%€83k▲ 7.1%
Net result€48k-€52k▲ 8.0%€61k▲ 17.2%€65k▲ 6.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2024 is 7% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €243k
Fixed assets
€12k ▲ 16.6%
Current assets
€232k ▲ 38.3%
Equity and liabilities €243k
Equity
€232k ▲ 39.1%
Debt
€12k ▲ 5.7%
Debt's share of the balance-sheet total falls from 6.2% to 4.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€84k▲
2023 · €78k
Cash flow
€66k▲
2023 · €62k
Current ratio
19.97▲
2023 · 15.27
Debt to equity
0.05▼
2023 · 0.07
ROE
28.1%▼
2023 · 36.7%
ROA
26.8%▼
2023 · 34.4%
Interest coverage
43.10▼
2023 · 46.44
Debt ≤ 1 year
€12k▲
2023 · €11k
Income taxes
€18k▲
2023 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 37 lines
Balance sheet
Code20232024
Assets
Total assets20/58€178k€243k▲
Fixed assets21/28€10k€12k▲
Tangible fixed assets22/27€10k€12k▲
Land and buildings22€6k€5k▼
Plant, machinery and equipment23-€3k
Furniture and vehicles24€4k€4k▼
Current assets29/58€168k€232k▲
Amounts receivable within one year40/41€56k€16k▼
Trade receivables40€56k€16k▼
Cash at bank and in hand54/58€111k€216k▲
Equity and liabilities
Total equity and liabilities10/49€178k€243k▲
Equity10/15€167k€232k▲
Contributions10/11€5k€5k=
Outside capital11€5k€5k=
Other1109/19€5k€5k=
Reserves13€162k€227k▲
Distributable reserves133€162k€227k▲
Amounts payable17/49€11k€12k▲
Amounts payable within one year42/48€11k€12k▲
Taxes, remuneration and social security45€10k€9k▼
Taxes450/3€10k€9k▼
Other amounts payable47/48€1k€3k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€593€1k▲
Other operating charges640/8€853€794▼
Gross operating margin9900€79k€85k▲
Operating profit (loss)9901€78k€83k▲
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€78k€83k▲
Income taxes67/77€17k€18k▲
Profit (loss) for the period9904€61k€65k▲
Profit (loss) for the period to be appropriated9905€61k€65k▲
Appropriation of the result
Profit (loss) to be appropriated9906€61k€65k▲
Transfer to equity691/2€61k€65k▲
To other reserves6921€61k€65k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €65k ▲6.7%
Operating result €83k, net result €65k, both a record.
31-12
Financial
Equity above €200kEq €232k ▲39.1%
4 profitable years in a row build equity to €232k.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150kEq €167k ▲58%
3 profitable years in a row build equity to €167k.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 11.85
Current ratio from 5.18 to 11.85; short-term debt falls from €13k to €9k.
31-12
Financial
Equity above €100kEq €105k ▲97.9%
2 profitable years in a row build equity to €105k.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Hasselt · 1 establishment unit since 2021
Ground area
779 m²
Building footprint
149 m²
Volume, LiDAR
859 m³
Parcel 71052A0242/00S000, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MA Consult
since 20212.315.304.579
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71052A0242/00S000 | Flanders | 779 m² | 1 · 149 m² | 6.9 m · 2 fl. |
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.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 39,249 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-03-2021
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.