MLM BUSINESS
ActiveSummary
The computed 12-month bankruptcy probability of MLM BUSINESS is 2.5% (moderate). The annual accounts of MLM BUSINESS for fiscal year 2025 show a net loss of 260% of total assets and of 82% of the equity at the start of that year. The 2025 annual accounts show equity of €12k and a net result of €-56k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 65% of 7453 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-75
Solvency82▼-18
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 2.14 against 2.95 in 2024; short-term debt: 42.7% and cash: 85.5% of total assets), and 42.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
57.3%
Return on assets
-259.6%
Age of the figures
9 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
on the day
2024
104 d late
2023
30 d late
2022
32 d early
2021
44 d late
2020
30 d late
2019
40 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
€12k▼ 81.9%
2024 · €69k
2019: €21k
2020: €28k
2021: €30k
2022: €57k
2023: €64k
2024: €69k
2019 → 2025
Total assets
€22k▼ 74.6%
2024 · €85k
2019: €27k
2020: €39k
2021: €34k
2022: €69k
2023: €93k
2024: €85k
2019 → 2025
Net result
€-56k
2024 · €4k
2019: €21k
2020: €7k
2021: €3k
2022: €27k
2023: €7k
2024: €4k
2019 → 2025
Working capital
€11k▼ 67.5%
2024 · €32k
2019: €21k
2020: €28k
2021: €30k
2022: €57k
2023: €34k
2024: €32k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€30k-€57k▲ 87.3%€64k▲ 12.8%€69k▲ 6.8%€12k▼ 81.9%
Operating result€4k-€34k▲ 843%€10k▼ 69.2%€10k▲ 0.1%€-57k
Net result€3k-€27k▲ 896%€7k▼ 72.6%€4k▼ 39.6%€-56k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €57k after €10k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €22k
Fixed assets
€2k ▼ 94.8%
Current assets
€20k ▼ 59.7%
Equity and liabilities €22k
Equity
€12k ▼ 81.9%
Debt
€9k ▼ 44.5%
Debt's share of the balance-sheet total rises from 19.5% to 42.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-56k▼
2024 · €22k
Cash flow
€-55k▼
2024 · €16k
Current ratio
2.14▼
2024 · 2.95
Debt to equity
0.75▲
2024 · 0.24
ROE
-453.0%▼
2024 · 6.4%
ROA
-259.6%▼
2024 · 5.2%
Interest coverage
-329.83▼
2024 · 13.64
Debt ≤ 1 year
€9k▼
2024 · €17k
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 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€85k€22k▼
Fixed assets21/28€36k€2k▼
Tangible fixed assets22/27€36k€2k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€33k-
Current assets29/58€49k€20k▼
Amounts receivable within one year40/41€35k€1k▼
Trade receivables40€34k€1k▼
Other amounts receivable41€2k€12▼
Cash at bank and in hand54/58€13k€19k▲
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€85k€22k▼
Equity10/15€69k€12k▼
Contributions10/11€1€1=
Reserves13€5k€5k=
Distributable reserves133€5k€5k=
Profit (loss) carried forward14€63k€7k▼
Amounts payable17/49€17k€9k▼
Amounts payable within one year42/48€17k€9k▼
Trade debts44€12k€3k▼
Suppliers440/4€12k€3k▼
Taxes, remuneration and social security45€4k€6k▲
Taxes450/3€4k€6k▲
Other amounts payable47/48€457€409▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€1k▼
Other operating charges640/8€3k€19k▲
Gross operating margin9900€25k€-37k▼
Operating profit (loss)9901€10k€-57k▼
Financial income75/76B€28€1k▲
Recurring financial income75€28€1k▲
Financial charges65/66B€2k€170▼
Recurring financial charges65€2k€170▼
Profit (loss) for the period before taxes9903€9k€-56k▼
Income taxes67/77€4k-
Profit (loss) for the period9904€4k€-56k▼
Profit (loss) for the period to be appropriated9905€4k€-56k▼
Appropriation of the result
Profit (loss) to be appropriated9906€63k€7k▼
Profit (loss) brought forward from the previous period14P€59k€63k▲
The notes to these accounts (6 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-56k ▼1379%
Net result drops to €-56k, the lowest in the series.
12-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 104 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2019net €27k ▲896%
Operating result €34k, net result €27k, both a record.
13-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 44 days late
2021
31-12
Financial
Liquidity triplescurrent ratio 8.98
Current ratio from 3.56 to 8.98; short-term debt falls from €11k to €4k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 40 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Wemmel
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.
Lt. Graffplein 151780 WemmelGround area
147 m²
Building footprint
144 m²
Volume, LiDAR
1,543 m³
Parcel 22662B0387/00R004, Flanders · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22662B0387/00R004 | Flanders | 147 m² | 1 · 144 m² | 14.9 m · 4 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.
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JIMMY MARTENS ALGEMENE ONDERNEMING
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BE 0736.716.582
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Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 10,064 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
Founded04-03-2019
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
43211General electrical installation work
43910Bricklaying and masonry work
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.