MAMSA
ActiveMAMSA has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12k and a net result of €-11k. Equity is growing by ~32.2% per year across the filed fiscal years. Its solvency ranks better than 21% of 31545 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency24▼-45
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.1 against 1.53 in 2024), and 84% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
16%
Return on assets
-15.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 31545 sector peers (2025).
NBB · sector comparisonPosition among 31545 sector peers
Solvency
better than 21%
← weakest
strongest →
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
126 d early
2023
110 d early
2023
4 d early
2022
3 d late
2020
9 d late
2019
28 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€12k▼ 48.6%
2024 · €23k
2019: €-42k
2020: €-42k
2022: €-28k
2023: €-28k
2023: €-23k
2024: €23k
2019 → 2025
Total assets
€76k▲ 18.0%
2024 · €64k
2019: €16k
2020: €15k
2022: €15k
2023: €15k
2023: €39k
2024: €64k
2019 → 2025
Net result
€-11k
2024 · €47k
2019: €-10k
2022: €-1k
2023: €-580
2023: €5k
2024: €47k
2019 → 2025
Working capital
€5k▼ 75.2%
2024 · €22k
2019: €-42k
2020: €-42k
2022: €-28k
2023: €-28k
2023: €-24k
2024: €22k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202320242025Trend
Equity€-28k-€-28k▼ 2.1%€-23k▲ 17.8%€23k€12k▼ 48.6%
Operating result€-874-€-485▲ 44.6%€5k€56k▲ 993%€-10k
Net result€-1k-€-580▲ 51.9%€5k€47k▲ 828%€-11k
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 €10k after €56k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €76k
Fixed assets
€14k▲ 656%
Current assets
€61k▼ 1.3%
Equity and liabilities €76k
Equity
€12k▼ 48.6%
Debt
€64k▲ 56.5%
The debt ratio rises from 63.4% to 84.0%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-7k▼
2024 · €57k
Cash flow
€-8k▼
2024 · €47k
Solvency
16.0%▼
2024 · 36.6%
Current ratio
1.10▼
2024 · 1.53
Quick ratio
1.10▼
2024 · 1.53
Debt / equity
5.26▲
2024 · 1.73
ROE
-94.4%▼
2024 · 199.1%
ROA
-15.1%▼
2024 · 73.0%
Interest coverage
-7.84▼
2024 · 593.82
Debt
€64k▲
2024 · €41k
Debt ≤ 1 year
€56k▲
2024 · €41k
Debt > 1 year
€8k
Income taxes
€293▼
2024 · €9k
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€64k€76k▲
Fixed assets21/28€2k€14k▲
Tangible fixed assets22/27€2k€14k▲
Furniture and vehicles24€2k€14k▲
Current assets29/58€62k€61k▼
Amounts receivable within one year40/41€20k€27k▲
Trade receivables40€20k€27k▲
Cash at bank and in hand54/58€42k€35k▼
Equity and liabilities
Total equity and liabilities10/49€64k€76k▲
Equity10/15€23k€12k▼
Contributions10/11€14k€14k=
Reserves13€9k€9k=
Distributable reserves133€9k€9k=
Profit (loss) carried forward14-€-11k
Amounts payable17/49€41k€64k▲
Amounts payable after more than one year17-€8k
Financial debts170/4-€8k
Amounts payable within one year42/48€41k€56k▲
Current portion of amounts payable after more than one year42-€5k
Trade debts44€73€10k▲
Suppliers440/4€73€10k▲
Taxes, remuneration and social security45€10k€255▼
Taxes450/3€10k€255▼
Other amounts payable47/48€31k€40k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€617€3k▲
Other operating charges640/8€514€2k▲
Gross operating margin9900€57k€-5k▼
Operating profit (loss)9901€56k€-10k▼
Financial charges65/66B€95€1k▲
Recurring financial charges65€95€858▲
Non-recurring financial charges66B-€400
Profit (loss) for the period before taxes9903€56k€-11k▼
Income taxes67/77€9k€293▼
Profit (loss) for the period9904€47k€-11k▼
Profit (loss) for the period to be appropriated9905€47k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€-11k▼
Profit (loss) brought forward from the previous period14P€-38k-
Transfer to equity691/2€9k-
To other reserves6921€9k-
The notes to these accounts (6 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-11k ▼124%
Net result drops to €-11k, the lowest in the series.
27-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2019net €47k ▲828%
Operating result €56k, net result €47k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.53
Current ratio from 0.62 to 1.53; short-term debt falls from €63k to €41k.
12-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
27-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
03-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2020
09-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2019
28-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2018
09-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 9 days late
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 91 days late
2017
24-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 116 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Orp-Jauche · 1 establishment unit since 2007
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.
Rue du Trou(J-J) 301350 Orp-JaucheGround area
2,005 m²
Building footprint
146 m²
Volume, LiDAR
1,058 m³
Parcel 25045B0401/00K000, Wallonia · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
REMC (Rénovation Electrique & Mise en Conformité)
since 20072.160.347.178
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25045B0401/00K000 | Wallonia | 2,005 m² | 1 · 146 m² | 10.5 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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IEVERANS
BE 0765.762.144
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LOGIQUA EUROPE
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VERTIGO
BE 0427.977.163
Knokke-Heist · Eq €12k
Of 82,518 companies in sector 70200 we hold annual accounts for 52,573. 25,042 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-02-2007
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
82990Other business support services
43211General electrical installation work
43212Electrical installation work in industrial facilities
64200Holdings
64210Activities of holding companies
71121Engineering and related technical consultancy, excluding land surveyors
74142
74151
74203
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.