MORTIERBRIGADE

Active

Public limited companyfounded 2004active for 21 yearsWaelhemstraat 77, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0870.026.157

Summary

MORTIERBRIGADE has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €446,343 and a net result of €402,099. Equity remains stable across the filed financial years (±0.4% per year). Its solvency ranks better than 18% of 838 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow Report Compare

MORTIERBRIGADEActiveChecked score 91/100

Risk analysis Report Compare

Activity

Advertising agencies

NACE 73110

5th largest employer in Schaarbeek, Professional and technical services sector1 site

Size

€13.7mturnover 2025

Staff: 21.3 FTE
Equity: €446,343
Profit: €402,099

Financial health

91 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.1%

Structure

Parent: 62MILES · 100%
Board: 5 members

62MILESManaging director · permanent representative Geert Bogaert

Auditor: FINVISION Bedrijfsrevisoren AntwerpenAccounts 31 days early

Why 91raises riskEquity €446,343 (8.3% of total assets)lowers riskSize: turnover €13.7m, 21.3 FTE, total assets €5.4mLiquidity: current ratio 1.04, cash €1.8mFounded in 2004Show the evidence

Checked score

Score 2025

91 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 30% of its sector peers (NACE 73, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 33+2

equity 8.3% of total assets

Liquidity 42+1

short-term debt 91.7% · cash 33.5%

Profitability 65-5

return on assets 7.4%

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (721 companies, NACE 73, small)

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026lowest value 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026highest value 10-2026: 0.1%▼ -0.1 percentage points vs 09-2026

Credit of up to €40,000 on 30-day terms is acceptable

Liquidity tight (current ratio 1.04, compared with 1.03 in 2024, below the usual 1.5; short-term debt: 91.7% and cash: 33.5% of total assets), and 91.7% 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 73, small): better than 14% on solvency, 34% on liquidity, 50% on profitability and 23% on growth.

The bankruptcy probability was computed on 23-10-2026 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 riskneutral

Equity €446,343 (8.3% of total assets)

NBB · annual accounts

Size: turnover €13.7m, 21.3 FTE, total assets €5.4m

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

NBB · annual accounts

Liquidity: current ratio 1.04, cash €1.8m

NBB · annual accounts

Founded in 2004

Companies that have existed this long fail less often; 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 18% of 838 sector peers (2025).

NBB · sector comparison

Position among 838 sector peers

Solvency

better than 18%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

31 days early

2024

30 days early

2023

20 days early

2022

26 days early

2021

34 days early

2020

47 days early

2019

53 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 34 days before the deadline; the sector median (NACE 73) for financial year 2024 is 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 July (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

24-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

10-07-2026 Resignation: Philippe De Ceuster (director)Gazette deed
30-06-2026 Annual accounts filedfinancial year 2025 · full…
11-05-2026 Resignation: Brand Division BV (director)Permanent representative: Vincent D'Halluin

Key points

Caution: Among the weakest 18% on solvencysector median 44.0% · 838 companies 8.3% View
Caution: Result fell in 2025from €758,407 to €402,099 ▼ 47.0% View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Positive: 8 profitable years in a rowprofit 2025: €402,099 8 years View
Controlled by 62MILES 100% View
Directors leftlatest change 30-06-2026 · 5 in office 2 left View

By topic

Financials

Financial year: 2025
Turnover: €13.7m
Profit: €402,099
Solvency: 8.3%

Turnover▼ 18.0%

Net result

20182025

Go to Financials

Board & ownership

Board: 5 members
Parent: 62MILES · 100%
Auditor: FINVISION Bedrijfsrevisoren Antwerpen

62MILESManaging director
BATALJONDirector
Jan Joost BerendsDirector
Jens MortierDirector
Oh Yes BVManaging director

Go to Board & ownership

Network & group

Connected companies: 1
Mergers and asset contributions: 2

Go to Network & group

Timeline

Events: 39
Since: 2006
Next accounts: by 31-07-2027

31-12-2025Weakest financial year
01-07-2025Annual accounts filed
11-07-2024Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Advertising agenciesNACE 73110
Founded: 17-11-2004
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 1

Purpose: “Het voorbereiden, ontwerpen, opstellen, aanpas-sen, coördineren en uitvoeren van…” (deed in Dutch)

Go to Articles of association

Key facts about MORTIERBRIGADE

What is the company number of MORTIERBRIGADE?: 0870.026.157. In Belgium the VAT number is the company number with BE in front: BE 0870.026.157.
Where is MORTIERBRIGADE based?: The registered office is at Waelhemstraat 77, 1030 Schaarbeek.Company details
What does MORTIERBRIGADE do?: According to the KBO register, the main activity is advertising agencies (NACE 73110).
What is the legal form of MORTIERBRIGADE?: Public limited company (NV).
When was MORTIERBRIGADE founded?: On 17-11-2004.
Is MORTIERBRIGADE still active?: Yes, MORTIERBRIGADE is an active enterprise in the KBO register.
How many employees does MORTIERBRIGADE have?: On average 21.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of MORTIERBRIGADE?: €13.7m in financial year 2025, according to the filed annual accounts.
Is MORTIERBRIGADE profitable?: In financial year 2025, MORTIERBRIGADE made a profit of €402,099.
Where can I find the annual accounts of MORTIERBRIGADE?: MORTIERBRIGADE filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MORTIERBRIGADE due?: By 31-07-2027, for financial year 2026.Timeline