MADEVO CONSULTING
ActiveSummary
MADEVO CONSULTING has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €121k and a net result of €89k. Equity is shrinking by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 47% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+49
Solvency77▲+41
Growth85▲+30
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 3.5 against 10.52 in 2024; short-term debt: 27.1% and cash: 22.7% of total assets), and 48% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers 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 →
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
52%
Return on assets
38.3%
Age of the figures
9 mo
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 · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €121k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-07-2026, 19 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
19 d early
2024
33 d early
2023
3 d late
2022
63 d early
2021
45 d early
2020
33 d early
2019
28 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€247k▼ 12.5%
2024 · €282k
2018: €6k
2019: €6k
2020: €6k
2021: €6k
2022: €7k
2023: €156k
2024: €282k
2018 → 2025
EBIT margin
56.9%▼ 6.0pp
2024 · 62.9%
2018: -22.7%
2019: -7.1%
2020: 10.8%
2021: -1.6%
2022: -87.5%
2023: 32.8%
2024: 62.9%
2018 → 2025
Net result
€89k
2024 · €-3k
2018: €-1k
2019: €-463
2020: €519
2021: €-971
2022: €-7k
2023: €-947
2024: €-3k
2018 → 2025
Working capital
€158k▼ 40.0%
2024 · €263k
2018: €43k
2019: €43k
2020: €43k
2021: €306k
2022: €310k
2023: €367k
2024: €263k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€6k-€7k▲ 13.8%€156k▲ 2,181%€282k▲ 81.2%€247k▼ 12.5%
Equity€42k-€35k▼ 16.1%€35k▼ 2.7%€32k▼ 7.6%€121k▲ 280%
Operating result€-98-€-6k▼ 5,995%€51k€178k▲ 247%€141k▼ 20.8%
Net result€-971-€-7k▼ 604%€-947▲ 86.1%€-3k▼ 176%€89k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 21% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €233k
Fixed assets
€12k ▼ 5.2%
Current assets
€221k ▼ 24.1%
Equity and liabilities €233k
Equity
€121k ▲ 280%
Debt
€112k ▼ 58.8%
Debt's share of the balance-sheet total falls from 89.5% to 48.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€141k▼
2024 · €178k
Cash flow
€90k▲
2024 · €-2k
Current ratio
3.50▼
2024 · 10.52
Debt to equity
0.92▼
2024 · 8.51
ROE
73.7%▲
2024 · -8.2%
ROA
38.3%▲
2024 · -0.9%
Interest coverage
39.59▲
2024 · 0.99
Debt ≤ 1 year
€63k▲
2024 · €28k
Debt > 1 year
€49k▼
2024 · €244k
Income taxes
€48k▲
2024 · €290
Staff costs
€1k▼
2024 · €3k
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 · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€304k€233k▼
Fixed assets21/28€13k€12k▼
Tangible fixed assets22/27€8k€7k▼
Furniture and vehicles24€4k€3k▼
Other tangible fixed assets26€4k€4k=
Financial fixed assets28€5k€5k=
Current assets29/58€291k€221k▼
Amounts receivable after more than one year29€75k€76k▲
Other amounts receivable291€75k€76k▲
Amounts receivable within one year40/41€64k€92k▲
Trade receivables40€26k€27k▲
Other amounts receivable41€38k€65k▲
Cash at bank and in hand54/58€151k€53k▼
Deferred charges and accrued income490/1€64-
Equity and liabilities
Total equity and liabilities10/49€304k€233k▼
Equity10/15€32k€121k▲
Contributions10/11€19k€19k=
Capital10€19k-
Issued capital100€19k-
Reserves13€2k€90k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133-€88k
Profit (loss) carried forward14€11k€13k▲
Amounts payable17/49€272k€112k▼
Amounts payable after more than one year17€244k€49k▼
Other amounts payable178/9€244k€49k▼
Amounts payable within one year42/48€28k€63k▲
Trade debts44€8k€8k▲
Suppliers440/4€8k€8k▲
Taxes, remuneration and social security45€20k€55k▲
Taxes450/3€20k€55k▲
Income statement
Code20242025
Turnover70€282k€247k▼
Goods, raw materials, services and sundry goods60/61€101k€104k▲
Remuneration, social security and pensions62€3k€1k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€667€667=
Other operating charges640/8€557€524▼
Gross operating margin9900€181k€143k▼
Operating profit (loss)9901€178k€141k▼
Financial charges65/66B€180k€4k▼
Recurring financial charges65€180k€4k▼
Profit (loss) for the period before taxes9903€-2k€137k▲
Income taxes67/77€290€48k▲
Profit (loss) for the period9904€-3k€89k▲
Profit (loss) for the period to be appropriated9905€-3k€89k▲
Appropriation of the result
Profit (loss) to be appropriated9906€11k€101k▲
Profit (loss) brought forward from the previous period14P€14k€11k▼
Transfer to equity691/2-€88k
To other reserves6921-€88k
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
12-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €89k
Net result €89k after 4 loss-making years.
31-12
Financial
Equity above €100kEq €121k ▲280%
Equity rises from €32k to €121k.
28-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 3 days late
2023
29-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity times 41current ratio 49.05
Current ratio from 1.21 to 49.05; short-term debt falls from €208k to €6k.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €519
Net result €519 after 2 loss-making years.
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
25-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 25 days late
2018
16-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Vilvoorde · 1 establishment unit since 2014
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.
Mechelsesteenweg 2771800 VilvoordeGround area
5,631 m²
Building footprint
1,345 m²
Volume, LiDAR
9,315 m³
Parcel 23643E0165/00K000, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MADEVO CONSULTING
since 20142.229.810.957
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23643E0165/00K000 | Flanders | 5,631 m² | 1 · 1,345 m² | 10.2 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 1,154 EUR awarded · 1,154 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 1,154 EUR | 1,154 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 40,853 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
Founded08-04-2014
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.