3MRL
InactiveInactive; last annual accounts for fiscal year 2023.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
30-09-2024 close30-04-2025 deadline29-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 05-09-2024, 128 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
128 d late
2022
120 d late
2021
31 d late
2020
on the day
2019
63 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 68 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2023, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€61,762▼ 1.7%
2022 · -€60,727
Working capital
-€1.4m▼ 546%
2022 · -€215,027
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result€200,447▲ 146%€32,821▼ 83.6%€107,777▲ 228%-€48,533€25,542
Net result€15,023-€152,825€107,085-€60,727-€61,762▼ 1.7%
Equity€1.7m▲ 0.9%€1.6m▼ 9.0%€1.7m▲ 6.9%€1.6m▼ 3.7%€1.5m▼ 3.9%
Total assets€4.4m▼ 1.1%€4.5m▲ 1.1%€5.0m▲ 11.4%€5.1m▲ 3.1%€6.0m▲ 16.2%
Debt€2.7m▼ 2.2%€2.9m▲ 7.4%€3.3m▲ 13.7%€3.5m▲ 6.4%€4.4m▲ 25.2%
Working capital-€401,332▼ 1.9%-€622,367▼ 55.1%-€539,940▲ 13.2%-€215,027▲ 60.2%-€1.4m▼ 546%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €25,542 after a loss of €48,533 in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €6.0m
Fixed assets
€5.3m ▲ 23.1%
Current assets
€688,524 ▼ 18.8%
Equity and liabilities €6.0m
Equity
€1.5m ▼ 3.9%
Debt
€4.4m ▲ 25.2%
Debt's share of the balance-sheet total rises from 69.0% to 74.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€39,155▲
2022 · -€39,305
Cash flow
-€48,149▲
2022 · -€51,499
Current ratio
0.33▼
2022 · 0.80
Debt to equity
2.89▲
2022 · 2.22
ROE
-4.0%▼
2022 · -3.8%
ROA
-1.0%▲
2022 · -1.2%
Interest coverage
0.45▲
2022 · -3.26
Debt ≤ 1 year
€2.1m▲
2022 · €1.1m
Debt > 1 year
€2.4m▼
2022 · €2.5m
Income taxes
€311▲
2022 · €144
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €1,114 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €938 | €413 | €2,894 | €9,228 | €13,613 | ▲ 47.5% |
| Other operating charges640/8 | - | - | €1,813 | €708 | €8,131 | ▲ 1,048% |
| Non-recurring operating charges66A | - | - | - | €30 | - | - |
| Gross operating margin9900 | €202,804 | €35,034 | €112,484 | -€38,567 | €47,286 | ▲ 223% |
| Operating profit (loss)9901 | €200,447 | €32,821 | €107,777 | -€48,533 | €25,542 | ▲ 153% |
| Financial income75/76B | - | - | €0 | - | €1 | - |
| Recurring financial income75 | €0 | €3 | €0 | - | €1 | - |
| Financial charges65/66B | - | - | €643 | €12,050 | €86,993 | ▲ 622% |
| Recurring financial charges65 | €185,425 | €185,391 | €643 | €12,050 | €86,993 | ▲ 622% |
| Profit (loss) for the period before taxes9903 | €15,023 | -€152,566 | €107,134 | -€60,583 | -€61,451 | ▼ 1.4% |
| Income taxes67/77 | - | €259 | €50 | €144 | €311 | ▲ 115% |
| Profit (loss) for the period9904 | €15,023 | -€152,825 | €107,085 | -€60,727 | -€61,762 | ▼ 1.7% |
| Profit (loss) for the period to be appropriated9905 | €15,023 | -€152,825 | €107,085 | -€60,727 | -€61,762 | ▼ 1.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.4m | €4.5m | €5.0m | €5.1m | €6.0m | ▲ 16.2% |
| Fixed assets21/28 | €4.3m | €4.2m | €4.8m | €4.3m | €5.3m | ▲ 23.1% |
| Tangible fixed assets22/27 | €5,547 | €6,373 | €21,665 | €55,387 | €48,638 | ▼ 12.2% |
| Furniture and vehicles24 | - | - | €16,118 | €49,840 | €43,091 | ▼ 13.5% |
| Other tangible fixed assets26 | - | - | €5,547 | €5,547 | €5,547 | = |
| Financial fixed assets28 | €4.3m | €4.2m | €4.7m | €4.2m | €5.2m | ▲ 23.6% |
| Current assets29/58 | €178,548 | €234,392 | €228,992 | €847,762 | €688,524 | ▼ 18.8% |
| Amounts receivable within one year40/41 | €145,837 | €229,346 | €214,338 | €845,807 | €671,237 | ▼ 20.6% |
| Trade receivables40 | - | - | €100,180 | €692,857 | €280,079 | ▼ 59.6% |
| Other amounts receivable41 | - | - | €114,158 | €152,950 | €391,158 | ▲ 156% |
| Current investments50/53 | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €32,060 | €3,819 | €13,466 | €1,164 | €5,804 | ▲ 399% |
| Deferred charges and accrued income490/1 | - | - | €1,188 | €791 | €11,482 | ▲ 1,351% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.4m | €4.5m | €5.0m | €5.1m | €6.0m | ▲ 16.2% |
| Equity10/15 | €1.7m | €1.6m | €1.7m | €1.6m | €1.5m | ▼ 3.9% |
| Contributions10/11 | €2.1m | - | €2.1m | €2.1m | €2.1m | = |
| Outside capital11 | - | - | €2.1m | - | - | - |
| Other1109/19 | - | - | €2.1m | - | - | - |
| Reserves13 | €3,202 | €3,202 | €8,556 | €8,556 | €8,556 | = |
| Non-distributable reserves130/1 | - | - | €8,556 | €8,556 | €8,556 | = |
| Reserves not available under the articles1311 | - | - | €8,556 | €8,556 | €8,556 | = |
| Profit (loss) carried forward14 | -€364,282 | -€517,107 | -€415,377 | -€476,104 | -€537,866 | ▼ 13.0% |
| Amounts payable17/49 | €2.7m | €2.9m | €3.3m | €3.5m | €4.4m | ▲ 25.2% |
| Amounts payable after more than one year17 | €2.2m | €2.1m | €2.6m | €2.5m | €2.4m | ▼ 4.8% |
| Financial debts170/4 | - | - | €66,203 | €43,316 | €17,167 | ▼ 60.4% |
| Other amounts payable178/9 | - | - | €2.5m | €2.4m | €2.3m | ▼ 3.8% |
| Amounts payable within one year42/48 | €579,880 | €856,759 | €768,932 | €1.1m | €2.1m | ▲ 95.6% |
| Current portion of amounts payable after more than one year42 | - | - | €6,497 | €13,648 | €12,302 | ▼ 9.9% |
| Trade debts44 | €16,090 | €9,533 | €13,277 | €785,695 | €66,118 | ▼ 91.6% |
| Suppliers440/4 | - | - | €13,277 | €785,695 | €66,118 | ▼ 91.6% |
| Taxes, remuneration and social security45 | - | - | €11,099 | €33,991 | €27,044 | ▼ 20.4% |
| Taxes450/3 | - | - | €11,099 | €33,991 | €27,044 | ▼ 20.4% |
| Remuneration and social security454/9 | - | - | - | - | €0 | - |
| Other amounts payable47/48 | - | - | €738,060 | €229,455 | €2.0m | ▲ 760% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,023 | -€152,825 | €107,085 | -€60,727 | -€61,762 | ▼ 1.7% |
| + Depreciation and write-downs630 | €938 | €413 | €2,894 | €9,228 | €13,613 | ▲ 47.5% |
| Operating cash flow (approximation) | €15,961 | -€152,412 | €109,978 | -€51,499 | -€48,149 | ▲ 6.5% |
| Investment in fixed assets (approximation) | - | €7,824 | -€518,185 | €457,050 | -€1.0m | ▼ 320% |
| Change in cash | - | -€28,241 | €9,647 | -€12,303 | €4,640 | ▲ 138% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
05-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 128 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 120 days late
2022
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-09
Financial
Back to profitnet €107,085
Net result €107,085 after one loss-making year.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Weakest financial yearnet -€152,825
Net result drops to -€152,825, the lowest in the series.
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 63 days late
2019
30-09
Financial
Back to profitnet €15,023
Net result €15,023 after one loss-making year.
18-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
01-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 32 days late
2017
30-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
24-02
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
23-02
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Structure & network
Owners and holdings
2 holdingsOwners 0
The accounts to 30-09-2023 list no shareholders, and no other source names one.
Holdings 2
-
100%
-
50%
According to the annual accounts to 30-09-2023 of 3MRL and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.