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COMITE MB

Active
Private limited companyfounded 199234 yrs activeWesterlaan 3, 8790 Waregem, BelgiumKBO/BCE: BE 0447.548.694
Summary

COMITE MB has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €503k and a net result of €81k. Equity is growing by ~18.6% per year across the filed fiscal years. Its solvency ranks better than 73% of 315 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability79▼-2
Solvency76▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 2.04 against 1.65 in 2024; short-term debt: 43.3% and cash: 0.8% of total assets), and 48.8% 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○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 34 years 0 40 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 78
Relative position
BE, all sectors
reference
Employment activities (NACE 78)
about 17% fewer bankruptcies
← 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 2025
Solvency, return and age of the figures
Solvency
51.2%
Return on assets
8.3%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 22-09-2025, 39 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
39 d early
2024
140 d early
2023
64 d early
2022
64 d early
2021
32 d early
2020
33 d early
2019
48 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 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€503k▲ 19.3%
2024 · €422k
2019: €245k 2020: €188k▼ -23.2% vs 2019lowest in 7 years 2021: €232k▲ +23.1% vs 2020 2022: €300k▲ +29.2% vs 2021 2023: €326k▲ +9.0% vs 2022 2024: €422k▲ +29.1% vs 2023 2025: €503k▲ +19.3% vs 2024highest in 7 years
2019 → 2025
Total assets
€983k▲ 0.1%
2024 · €982k
2019: €867k 2020: €752k▼ -13.3% vs 2019lowest in 7 years 2021: €817k▲ +8.6% vs 2020 2022: €892k▲ +9.2% vs 2021 2023: €864k▼ -3.1% vs 2022 2024: €982k▲ +13.6% vs 2023 2025: €983k▲ +0.1% vs 2024highest in 7 years
2019 → 2025
Net result
€81k▼ 14.4%
2024 · €95k
2019: €-21k 2020: €-30k▼ -43.9% vs 2019lowest in 7 years 2021: €44k▲ +246% vs 2020 2022: €68k▲ +55.5% vs 2021 2023: €27k▼ -60.2% vs 2022 2024: €95k▲ +254% vs 2023highest in 7 years 2025: €81k▼ -14.4% vs 2024
2019 → 2025
Working capital
€441k▲ 25.7%
2024 · €351k
2019: €16klowest in 7 years 2020: €146k▲ +808% vs 2019 2021: €178k▲ +22.1% vs 2020 2022: €248k▲ +39.0% vs 2021 2023: €298k▲ +20.1% vs 2022 2024: €351k▲ +18.0% vs 2023 2025: €441k▲ +25.7% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€232k-€300k▲ 29.2%€326k▲ 9.0%€422k▲ 29.1%€503k▲ 19.3% 2021: €232klowest in 5 years 2022: €300k▲ +29.2% vs 2021 2023: €326k▲ +9.0% vs 2022 2024: €422k▲ +29.1% vs 2023 2025: €503k▲ +19.3% vs 2024highest in 5 years
Operating result€62k-€101k▲ 62.8%€65k▼ 36.2%€147k▲ 128%€146k▼ 0.3% 2021: €62klowest in 5 years 2022: €101k▲ +62.8% vs 2021 2023: €65k▼ -36.2% vs 2022 2024: €147k▲ +128% vs 2023highest in 5 years 2025: €146k▼ -0.3% vs 2024
Net result€44k-€68k▲ 55.5%€27k▼ 60.2%€95k▲ 254%€81k▼ 14.4% 2021: €44k 2022: €68k▲ +55.5% vs 2021 2023: €27k▼ -60.2% vs 2022lowest in 5 years 2024: €95k▲ +254% vs 2023highest in 5 years 2025: €81k▼ -14.4% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2021: €62k€62kNet result 2021: €44k€44kOperating result 2022: €101k€101kNet result 2022: €68k€68kOperating result 2023: €65k€65kNet result 2023: €27k€27kOperating result 2024: €147k€147kNet result 2024: €95k€95kOperating result 2025: €146k€146kNet result 2025: €81k€81k20212022202320242025€0€50k€100k€150kOperating result 2023: €65k€65kNet result 2023: €27k€27kOperating result 2024: €147k€147kNet result 2024: €95k€95kOperating result 2025: €146k€146kNet result 2025: €81k€81k202320242025
The operating result falls in 2025; 2025 is 0% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €983k
Fixed assets €116k ▲ 33.6%
Current assets €867k ▼ 3.1%
Equity and liabilities €983k
Equity €503k ▲ 19.3%
Provisions €0 ▼ 100%
Debt €480k ▼ 14.0%
Debt's share of the balance-sheet total falls from 56.8% to 48.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€166k▼
2024 · €166k
Cash flow
€101k▼
2024 · €114k
Current ratio
2.04▲
2024 · 1.65
Debt to equity
0.95▼
2024 · 1.32
ROE
16.2%▼
2024 · 22.6%
ROA
8.3%▼
2024 · 9.7%
Interest coverage
8.18▼
2024 · 11.05
Debt ≤ 1 year
€426k▼
2024 · €544k
Debt > 1 year
€35k
Income taxes
€51k▲
2024 · €38k
Staff costs
€131k▼
2024 · €147k
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 · 55 lines
Balance sheet Code20242025
Assets
Total assets20/58€982k€983k▲
Fixed assets21/28€87k€116k▲
Tangible fixed assets22/27€87k€111k▲
Land and buildings22€11k€11k▼
Plant, machinery and equipment23€8k€5k▼
Furniture and vehicles24€67k€51k▼
Leasing and similar rights25-€44k
Financial fixed assets28€194€5k▲
Current assets29/58€895k€867k▼
Amounts receivable within one year40/41€440k€401k▼
Trade receivables40€134k€95k▼
Other amounts receivable41€306k€307k▲
Current investments50/53-€458k
Cash at bank and in hand54/58€455k€8k▼
Deferred charges and accrued income490/1€639-
Equity and liabilities
Total equity and liabilities10/49€982k€983k▲
Equity10/15€422k€503k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€414k€495k▲
Provisions and deferred taxes16€3k-
Provisions for liabilities and charges160/5€3k-
Other liabilities and charges164/5€3k-
Amounts payable17/49€558k€480k▼
Amounts payable after more than one year17-€35k
Financial debts170/4-€35k
Amounts payable within one year42/48€544k€426k▼
Current portion of amounts payable after more than one year42-€8k
Trade debts44€276k€182k▼
Suppliers440/4€276k€182k▼
Advances received on contracts in progress46-€1k
Taxes, remuneration and social security45€25k€11k▼
Remuneration and social security454/9€25k€11k▼
Other amounts payable47/48€244k€224k▼
Accrued charges and deferred income492/3€14k€19k▲
Income statement Code20242025
Non-recurring operating income76A€19k-
Remuneration, social security and pensions62€147k€131k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€19k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€15k€-19k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€3k-
Other operating charges640/8€5k€11k▲
Gross operating margin9900€336k€289k▼
Operating profit (loss)9901€147k€146k▼
Financial income75/76B€1k€6k▲
Recurring financial income75€1k€6k▲
Financial charges65/66B€15k€20k▲
Recurring financial charges65€15k€20k▲
Profit (loss) for the period before taxes9903€133k€132k▼
Income taxes67/77€38k€51k▲
Profit (loss) for the period9904€95k€81k▼
Profit (loss) for the period to be appropriated9905€95k€81k▼
Appropriation of the result
Profit (loss) to be appropriated9906€414k€495k▲
Profit (loss) brought forward from the previous period14P€318k€414k▲
Social balance
Average headcount (FTE)90872.32.3=

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20212022202320242025Change
Non-recurring operating income76A-€726€20k€19k--
Remuneration, social security and pensions62-€86k€177k€147k€131k▼ 10.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€32k€23k€19k€19k▼ 0.3%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-14k€-9k€15k€-19k▼ 227%
Provisions for liabilities and charges: additions (uses and reversals)635/8-€3k€-3k€3k--
Other operating charges640/8-€5k€6k€5k€11k▲ 98.6%
Non-recurring operating charges66A-€5€8k---
Gross operating margin9900€167k€213k€268k€336k€289k▼ 14.1%
Operating profit (loss)9901€62k€101k€65k€147k€146k▼ 0.3%
Financial income75/76B-€14€1€1k€6k▲ 313%
Recurring financial income75€618€14€1€1k€6k▲ 313%
Financial charges65/66B-€11k€14k€15k€20k▲ 34.7%
Recurring financial charges65€11k€11k€14k€15k€20k▲ 34.7%
Profit (loss) for the period before taxes9903€52k€90k€51k€133k€132k▼ 0.9%
Income taxes67/77€8k€23k€24k€38k€51k▲ 32.6%
Profit (loss) for the period9904€44k€68k€27k€95k€81k▼ 14.4%
Profit (loss) for the period to be appropriated9905€44k€68k€27k€95k€81k▼ 14.4%
Line20212022202320242025Change
Assets
Total assets20/58€817k€892k€864k€982k€983k▲ 0.1%
Fixed assets21/28€86k€66k€38k€87k€116k▲ 33.6%
Tangible fixed assets22/27€86k€66k€38k€87k€111k▲ 28.6%
Land and buildings22-€26k€17k€11k€11k▼ 5.1%
Plant, machinery and equipment23-€14k€11k€8k€5k▼ 40.8%
Furniture and vehicles24-€16k€10k€67k€51k▼ 22.8%
Leasing and similar rights25-€9k--€44k-
Financial fixed assets28€194€194€194€194€5k▲ 2,263%
Current assets29/58€731k€826k€826k€895k€867k▼ 3.1%
Amounts receivable within one year40/41€432k€424k€441k€440k€401k▼ 8.8%
Trade receivables40-€105k€120k€134k€95k▼ 29.2%
Other amounts receivable41-€319k€321k€306k€307k▲ 0.2%
Current investments50/53----€458k-
Cash at bank and in hand54/58€299k€402k€385k€455k€8k▼ 98.3%
Deferred charges and accrued income490/1-€572€609€639--
Equity and liabilities
Total equity and liabilities10/49€817k€892k€864k€982k€983k▲ 0.1%
Equity10/15€232k€300k€326k€422k€503k▲ 19.3%
Contributions10/11€6k€6k€6k€6k€6k=
Reserves13€2k€2k€2k€2k€2k=
Non-distributable reserves130/1-€2k€2k---
Reserves not available under the articles1311-€2k€2k---
Distributable reserves133---€2k€2k=
Profit (loss) carried forward14€224k€291k€318k€414k€495k▲ 19.7%
Provisions and deferred taxes16€2k€5k-€3k--
Provisions for liabilities and charges160/5-€5k-€3k--
Other liabilities and charges164/5-€5k-€3k--
Amounts payable17/49€583k€588k€538k€558k€480k▼ 14.0%
Amounts payable after more than one year17€21k€646--€35k-
Financial debts170/4-€646--€35k-
Amounts payable within one year42/48€553k€578k€529k€544k€426k▼ 21.8%
Current portion of amounts payable after more than one year42-€20k€646-€8k-
Trade debts44€282k€304k€259k€276k€182k▼ 34.2%
Suppliers440/4-€304k€259k€276k€182k▼ 34.2%
Advances received on contracts in progress46----€1k-
Taxes, remuneration and social security45-€24k€29k€25k€11k▼ 55.5%
Taxes450/3-€8k€6k---
Remuneration and social security454/9-€16k€22k€25k€11k▼ 55.5%
Other amounts payable47/48-€231k€240k€244k€224k▼ 8.0%
Accrued charges and deferred income492/3-€9k€9k€14k€19k▲ 36.1%
Line20212022202320242025Change
Profit (loss) for the period9904€44k€68k€27k€95k€81k▼ 14.4%
+ Depreciation and write-downs630€34k€32k€23k€19k€19k▼ 0.3%
Operating cash flow (approximation)€77k€99k€50k€114k€101k▼ 12.0%
Investment in fixed assets (approximation)-€-12k€4k€-68k€-48k▲ 28.7%
Change in cash-€103k€-17k€70k€-447k▼ 738%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
22-09
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial Equity above €500kEq €503k ▲19.3%
5 profitable years in a row build equity to €503k.
2024
13-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial Highest result since 2019net €95k ▲254%
Operating result €147k, net result €95k, both a record.
2023
28-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
28-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
29-09
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial Back to profitnet €44k
Net result €44k after 2 loss-making years.
31-03
Financial Equity above €200kEq €232k ▲23.1%
Equity rises from €188k to €232k.
2020
28-09
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial Weakest financial yearnet €-30k
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
2019
13-09
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2018
05-09
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
14-09
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
01-10
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 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, Waregem · 1 establishment unit since 2008
seat establishment The establishment unit on the map
Ground area
2,621 m²
Building footprint
250 m²
Volume, LiDAR
2,497 m³
Parcel 34040C1174/00T000, Flanders · tallest building 12.7 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Comité MB
Westerlaan 3, 8790 WaregemMotion picture, video and television programme production, sound recording and music publishing activities
since 20082.170.712.817
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34040C1174/00T000 Flanders 2,621 m² 1 · 250 m² 12.7 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 2,360 companies in sector 78100 we hold annual accounts for 1,363. 876 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded22-05-1992
Fiscal year end31-03
Activities, NACEBEL 2025
78100Employment placement agencies
82300Organisation of conventions and trade shows

Scores and ratios are computed by Checked and are not a credit decision.