MAHBEL

Active

Private limited companyfounded 2025active for 1 yearWaha, Rue de la Carrière 37, 6900 Marche-en-Famenne, BelgiumKBO/BCE: BE 1021.405.545

Summary

The computed 12-month bankruptcy probability of MAHBEL is 2.2% (moderate). The 2025 annual accounts show equity of €17,203 and a net result of €17,203. Its solvency ranks better than 15% of 10,777 sector peers (NACE 70, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

MAHBELActiveChecked score 52/100

Risk analysis Report Compare

Activity

Business and other management consultancy

NACE 70200

1 site

Size

≈ €75,000turnover 2025, estimated

Equity: €17,203
Profit: €17,203

Turnover estimated from the gross margin

Financial health

52 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 2.2%

Structure

CAPRACE Pascal Gilbert NicolasDirector
MARTIN Alain Marcel CyrilleDirector

2025 accounts filed 7 days late

Why 52raises risk2 changes of registered office in 24 monthsFounded in 2025lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Size: total assets €181,980Show the evidence

Checked score

Score 2025

52 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 30% of its sector peers (NACE 70, micro)

Every signal that counts is listed under Signals.

Financial strength

Average

Solvency 34

equity 9.5% of total assets

Liquidity 56

short-term debt 22.8% · cash 11.0%

Profitability 61

return on assets 9.5%

Bankruptcy probability, 12 months

2.2% Moderate

0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,493 companies, NACE 70, micro)

Last 24 months 04-2026: 0.7%lowest value 05-2026: 0.7%● unchanged vs 04-2026lowest value 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 2.5%▲ +1.8 percentage points vs 06-2026highest value 08-2026: 2.5%● unchanged vs 07-2026highest value 09-2026: 2.1%▼ -0.4 percentage points vs 08-2026 10-2026: 2.2%▲ +0.1 percentage points vs 09-2026

Credit of up to €500 on 30-day terms is acceptable

Liquidity insufficient (current ratio 0.84, below 1; short-term debt: 22.8% and cash: 11% of total assets), and 90.5% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro): better than 16% on solvency, 46% on liquidity and 27% on profitability.

The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises risk

2 changes of registered office in 24 months

Belgian Official Gazette

Sector: Activities of head offices; management consultancy activities (NACE 70)

KBO

Size: total assets €181,980

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Founded in 2025

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 10777 sector peers (2025).

NBB · sector comparison

Position among 10777 sector peers

Solvency

better than 15%

← weakest strongest →

2025 accounts filed 7 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 1 filing

Deviation from the deadline

2025

7 days late

← before the deadline after the deadline →

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since incorporation in 2025.

KBO publications · our coverage

07-08-2026 Annual accounts filedfinancial year 2025 · abbreviated…
10-06-2026 Registered officeRegistered-office move
02-02-2026 Registered officeRegistered-office move

Key points

Caution: Among the weakest 14% on equitysector median €324,952 · 10,787 companies €17,203 View
Board2 directors in office 2 View
Total assets 2025first financial year filed €181,980 View

By topic

Financials

Financial year: 2025
Total assets: €181,980
Profit: €17,203
Solvency: 9.5%

Go to Financials

Board & ownership

Board: 2 members

CAPRACE Pascal Gilbert NicolasDirector
MARTIN Alain Marcel CyrilleDirector

Go to Board & ownership

Timeline

Events: 4
Since: 2025

26-03-2025Incorporation

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Business and other management consultancyNACE 70200
Founded: 24-03-2025
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 29

Annual meeting: Third Wednesday of May at 17:00
Purpose: “Toute activité de gestion,d’administration,de direction et d’organisation de toutes…” (deed in French)

Go to Articles of association

Key facts about MAHBEL

What is the company number of MAHBEL?: 1021.405.545. In Belgium the VAT number is the company number with BE in front: BE 1021.405.545.
Where is MAHBEL based?: The registered office is at Waha, Rue de la Carrière 37, 6900 Marche-en-Famenne.Company details
What does MAHBEL do?: According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of MAHBEL?: Private limited company (BV).
When was MAHBEL founded?: On 24-03-2025.
Is MAHBEL still active?: Yes, MAHBEL is an active enterprise in the KBO register.
What is the turnover of MAHBEL?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is MAHBEL profitable?: In financial year 2025, MAHBEL made a profit of €17,203.
Where can I find the annual accounts of MAHBEL?: MAHBEL filed 1 annual account with the National Bank of Belgium, for financial year 2025.