ACTIVE

MAAD

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Financial year 2025 · closed on 31/12/2025
Net result
-11,1 k €
-245.1% YoY
Gross margin
-7,1 k €
-165.0% YoY
Equity
59,1 k €
-15.8% YoY

What does MAAD do?

MAAD is a Private company with limited liability incorporated in 2016. Its main activity is: Other personal service activities. Its registered office is in Bruxelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0645.595.673
Incorporation
05/01/2016
Legal form
Private company with limited liability
Registered office
Rue d'Alost 7-11
1000 Bruxelles · BruxellesSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Activities (NACE)
96992Other personal service activities· main73110Advertising agencies73110Advertising agencies96040Physical well-being activities96230Other personal service activities
Signals
Solid equityLow riskGood liquidity
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920172016
Income statement
Gross margin-7,1 k €10,9 k €27,6 k €-4,6 k €14,5 k €28,5 k €58,1 k €36 k €72,5 k €
EBITDA-8,4 k €10,5 k €27,1 k €-6 k €13,6 k €28,5 k €56,9 k €-21 k €23,3 k €
Operating result-9,7 k €9,1 k €25,2 k €-8,9 k €9,9 k €26,3 k €55,7 k €-23,3 k €21,1 k €
Net result-11,1 k €7,6 k €20,3 k €-8,2 k €6,5 k €20,3 k €41,1 k €-22,8 k €13,8 k €
Balance sheet
Equity59,1 k €70,2 k €62,6 k €42,2 k €50,5 k €44 k €23,7 k €-2,8 k €20 k €
Total assets72,6 k €84,8 k €81,3 k €70,1 k €67,4 k €58,4 k €50,6 k €17,9 k €29 k €
Cash50 €50 €14 k €12,1 k €17,4 k €30 k €20,4 k €4 k €5,1 k €
Debts13,4 k €14,6 k €18,7 k €27,8 k €16,9 k €14,4 k €26,9 k €20,7 k €9 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

DAVID SLAAGER

Director

Active

Ended mandates

DAVID SLAAGER

Manager · since 05 janvier 2016

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/08/202615/11/202529/12/202419/12/202324/08/202215/08/2022
General meeting04/06/202605/06/202506/06/202401/09/202330/06/202220/10/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202504/06/202626/08/2026FrenchPDF
Micro model31/12/202405/06/202515/11/2025FrenchPDF
Micro model31/12/202306/06/202429/12/2024FrenchPDF
Micro model31/12/202201/09/202319/12/2023FrenchPDF
Micro model31/12/202130/06/202224/08/2022FrenchPDF
Micro model31/12/202020/10/202115/08/2022FrenchPDF
Micro model31/12/201904/09/202027/09/2020FrenchPDF
Micro model31/12/201730/06/201829/08/2018FrenchPDF
Micro model31/12/201609/01/201730/08/2017FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

DAVID SLAAGER

Director

Active

Ended mandates

DAVID SLAAGER

Manager · since 05 janvier 2016

Ended
Shareholders

Ownership and network

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Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-11,1 k €↓
  2. 2024
    Annual accounts 20247,6 k €↓
  3. 2023
    Annual accounts 202320,3 k €↑
  4. 2022
    Annual accounts 2022-8,2 k €↓
  5. 2021
    Annual accounts 20216,5 k €↓
  6. 2020
    Annual accounts 202020,3 k €↓
  7. 2019
    Annual accounts 201941,1 k €↑
  8. 2017
    Annual accounts 2017-22,8 k €↓
  9. 2016
    Annual accounts 201613,8 k €
  10. 05/01/2016
    IncorporationPrivate company with limited liability