MBR Services · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

MBR Services is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €40k and a net result of €16k. Its solvency ranks better than 38% of 773 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Signals

1 signal · with evidence

Consistently profitable

Positive net result in the two most recent financial years (2023 and 2024).

View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Deadline passed, not yet counted as missing

The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 16 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

How we compute the deadline

The year end is derived from 2 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	28-08-2025	28 d late	2025-00428169
31-12-2023	31-07-2024	19-08-2024	19 d late	2024-00352370

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

More than 3 years active

Founded in 2022, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.

Financials

Equity€40k+70.4%

Net result€16k-15.0%

Total assets€160k-27.6%

Solvency24.8%+14.3pp

CSV export

Annual accounts & ratios

Source: NBB · 2024

Annual accounts filed on 28-08-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Sector comparison

Fiscal year 2024 · NACE 66 · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	24.8%	38.6%	better than 38% of 773 sector peers
Net result	€16k	€28k	better than 39% of 773 sector peers
Equity	€40k	€62k	better than 40% of 774 sector peers
Gross operating margin	€114k	€66k	better than 66% of 771 sector peers
Staff costs	€18k	€63k	higher than 22% of 270 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Net profit

€16k

-15.0% 23-24

Total assets

€160k

-27.6% 23-24

Equity

€40k

+70.4% 23-24

Employees (FTE)

1

- 23-24

Staff costs

€18k

- 23-24

Income taxes

€9k

+63.6% 23-24

Debt

€121k

-39.1% 23-24

Debt ≤ 1y

€39k

-57.9% 23-24

Show 4 other metrics

Debt > 1y

€82k

-22.8% 23-24

Solvency

24.8%

+135.3% 23-24

ROE

41.3%

-50.1% 23-24

ROA

10.3%

+17.3% 23-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	n/a
EBITDA	n/a
Net profit	€16k
Cash flow	n/a
Staff costs	€18k
Income taxes	€9k
Dividends	-
Total assets	€160k
Equity	€40k
Debt	€121k
of which ≤ 1y	€39k
of which > 1y	€82k
Working capital	n/a
Employees (FTE)	1.0

Ratios (computed)

	2024
Current ratio	n/a
Quick ratio	n/a
Working capital ratio	n/a
Solvency	24.8%
Debt / equity	n/a
Long-term debt ratio	n/a
Interest coverage	n/a
Gross margin	n/a
Net margin	n/a
ROA	10.3%
ROE	41.3%
EBITDA margin	n/a
Days sales outstanding	n/a
Days payable outstanding	n/a
Inventory turnover	n/a
Days inventory (DSI)	n/a

Balance-sheet composition 2024

Assets

Fixed assets €73k · 45.8% Current assets €87k · 54.2%

Equity & liabilities

Equity €40k · 24.8% Debt €121k · 75.2%

Full annual accounts (23 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€160k
Fixed assets	21/28	€73k
Formation expenses	20	€354
Tangible fixed assets	22/27	€73k
Current assets	29/58	€87k
Amounts receivable within one year	40/41	€51k
Cash & bank	54/58	€35k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€160k
Equity	10/15	€40k
Contributions / capital	10/11	€4k
Accumulated profits (losses)	14	€36k
Amounts payable	17/49	€121k
Amounts payable after one year	17	€82k
Amounts payable within one year	42/48	€39k
Trade debts payable within one year	44	€5k
Income statement
Gross operating margin	9900	€114k
Operating result	9901	€26k
Financial income	75	€10
Financial charges	65	€459
Result before taxes	9903	€25k
Income taxes	67/77	€9k
Net result for the period	9904	€16k
Result to be appropriated	9905	€16k

This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2024 · computed

Model not applicable to financial institutions

The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank

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.

Rue des Cortys, Hempt. 55380 Fernelmont

Establishment units

1 location

MBR Services

Rue des Cortys, Hempt. 5, 5380 FernelmontActiviteiten van verzekeringsagenten en -makelaars

since 20222.337.456.213

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area4,531 m²

Buildings1

Building footprint120 m²

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)