Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
96 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
KIS MAD from Brussel, company number BE0479809015, closed financial year 2024 with a result of € -69,533 after tax. For that financial year KIS MAD recorded a gross margin of € -10,285 and equity of € -67,774. Compared with financial year 2023, the result moved from € -15,824 to € -69,533. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2025.
€ -67,774
▼ € 69,533 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -69,533
▼ 339 % more loss than in 2023
Profit after tax over the fiscal year.
€ 499
▼ 75% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -86,774.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 58,500
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -43,784 | € -2,707 | € -14,329 | € -10,285 | ▲ € 4,043 |
| Profit after taxes | € -51,198 | € -4,013 | € -15,824 | € -69,533 | ▼ € 53,709 |
| Equity | € 21,597 | € 17,583 | € 1,759 | € -67,774 | ▼ € 69,533 |
| Total debts | € 50,941 | € 3,845 | € 13,616 | € 72,959 | ▲ € 59,343 |
| Cash | € 46,320 | € 5,279 | € 1,969 | € 499 | ▼ 75% |
| Retained profit | € 2,597 | € -1,417 | € -17,241 | € -86,774 | ▼ € 69,533 |
| Dividend | € 345,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 5,304 | € 2,224 | € 2,272 | € 0 | ▼ 100% |
| Balance sheet total | € 72,537 | € 21,428 | € 15,375 | € 5,184 | ▼ 66% |
Key figures of KIS MAD, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to KIS MAD?
What happened at KIS MAD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
KIS MAD is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 69,533. Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 51,198 loss in 2021 to € 69,533 loss in 2024.
Paid € 58,731 in corporate taxes since 2021.
Paid out € 345,000 in dividends to the owners in total.
A new publication or filing at KIS MAD? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Establishments
Establishment units
Physical locations of this company
Stalingradlaan 52
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 96 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0479.809.015
- VAT number
- BE 0479.809.015
- Registered office
- Stalingradlaan 52, 1000 Brussel
- Names & denominations
- KIS MAD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 20 March 2003
- Peppol
- Not registered