MBR
ActiveSummary
MBR has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €76k and a net result of €14k. Equity is growing by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 80% of 18280 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▲+17
Solvency95▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 3.19 against 2.87 in 2024; short-term debt: 29.7% and cash: 15.3% of total assets), and 29.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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 2025Solvency, return and age of the figures
Solvency
70.2%
Return on assets
13.2%
Age of the figures
9 mo
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
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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
30 d early
2023
10 d early
2022
24 d late
2021
31 d late
2020
30 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€76k▲ 23.1%
2024 · €62k
2018: €38k
2019: €54k
2020: €80k
2021: €78k
2022: €69k
2023: €62k
2024: €62k
2018 → 2025
Total assets
€108k▲ 16.8%
2024 · €93k
2018: €57k
2019: €72k
2020: €104k
2021: €101k
2022: €108k
2023: €93k
2024: €93k
2018 → 2025
Net result
€14k
2024 · €-399
2018: €-14k
2019: €16k
2020: €26k
2021: €-3k
2022: €-8k
2023: €-7k
2024: €-399
2018 → 2025
Working capital
€70k▲ 22.1%
2024 · €58k
2018: €27k
2019: €47k
2020: €77k
2021: €70k
2022: €65k
2023: €57k
2024: €58k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€78k-€69k▼ 10.9%€62k▼ 10.1%€62k▼ 0.6%€76k▲ 23.1%
Operating result€6k-€11k▲ 78.2%€-1k€10k€23k▲ 128%
Net result€-3k-€-8k▼ 237%€-7k▲ 17.3%€-399▲ 94.3%€14k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 128% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €108k
Fixed assets
€6k ▲ 36.1%
Current assets
€103k ▲ 15.9%
Equity and liabilities €108k
Equity
€76k ▲ 23.1%
Debt
€32k ▲ 4.3%
Debt's share of the balance-sheet total falls from 33.3% to 29.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€24k▲
2024 · €13k
Cash flow
€16k▲
2024 · €3k
Current ratio
3.19▲
2024 · 2.87
Quick ratio
0.94▲
2024 · 0.56
Debt to equity
0.42▼
2024 · 0.50
ROE
18.7%▲
2024 · -0.6%
ROA
13.2%▲
2024 · -0.4%
Interest coverage
8.43▼
2024 · 11.83
Debt ≤ 1 year
€32k▲
2024 · €31k
Income taxes
€4k▲
2024 · €2k
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€93k€108k▲
Fixed assets21/28€4k€6k▲
Tangible fixed assets22/27€4k€6k▲
Furniture and vehicles24€4k€6k▲
Current assets29/58€89k€103k▲
Stocks and contracts in progress3€71k€72k▲
Stocks30/36€71k€72k▲
Amounts receivable within one year40/41€14k€13k▼
Trade receivables40-€5k
Other amounts receivable41€14k€8k▼
Cash at bank and in hand54/58€2k€17k▲
Deferred charges and accrued income490/1€685€479▼
Equity and liabilities
Total equity and liabilities10/49€93k€108k▲
Equity10/15€62k€76k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€41k€56k▲
Amounts payable17/49€31k€32k▲
Amounts payable within one year42/48€31k€32k▲
Current portion of amounts payable after more than one year42€4k€2k▼
Financial debts43€104€7k▲
Credit institutions430/8€104€7k▲
Trade debts44€19k€14k▼
Suppliers440/4€19k€14k▼
Taxes, remuneration and social security45€4k€2k▼
Taxes450/3€4k€2k▼
Other amounts payable47/48€3k€6k▲
Accrued charges and deferred income492/3-€4
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€2k▼
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A-€561
Gross operating margin9900€15k€26k▲
Operating profit (loss)9901€10k€23k▲
Financial income75/76B€379€65▼
Recurring financial income75€379€65▼
Financial charges65/66B€9k€4k▼
Recurring financial charges65€1k€3k▲
Non-recurring financial charges66B€7k€1k▼
Profit (loss) for the period before taxes9903€2k€18k▲
Income taxes67/77€2k€4k▲
Profit (loss) for the period9904€-399€14k▲
Profit (loss) for the period to be appropriated9905€-399€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€41k€56k▲
Profit (loss) brought forward from the previous period14P€42k€41k▼
The notes to these accounts (9 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
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €14k
Net result €14k after 4 loss-making years.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Highest result since 2018net €26k ▲57.5%
Operating result €41k, net result €26k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 351 days late
2019
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Namur · 1 establishment unit since 2013
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.
Place Wiertz 15000 NamurGround area
142 m²
Building footprint
157 m²
Volume, LiDAR
1,203 m³
Parcel 92302G0285/00H002, Wallonia · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Place Wiertz 1, 5000 Namur
since 20132.220.957.134
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92302G0285/00H002 | Wallonia | 142 m² | 1 · 157 m² | 10.1 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteNamur2.220.957.134
Similar companies · same sector, comparable size
GANO
BE 0722.856.074
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OZFAIR
BE 0895.853.297
Sint-Gillis (bij-Brussel) · Eq €76,148
Mihthra
BE 0880.575.502
Lebbeke · Eq €76,345
E-Way elektronische sigaretten
BE 0668.603.380
Baarle-Hertog · Eq €76,380
SURYANSH
BE 0841.990.583
Sint-Lambrechts-Woluwe · Eq €75,519
Of 2,476 companies in sector 47279 we hold annual accounts for 950. 789 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-06-2013
Fiscal year end31-12
Activities, NACEBEL 2025
47279Other retail sale of food
47789Other retail sale of new goods
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.