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KD MBV

Active
Private limited companyfounded 20233 yrs activeJean Dubrucqlaan 86, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0805.726.342
Summary

The computed 12-month bankruptcy probability of KD MBV is 5.6% (elevated). The 2025 annual accounts show equity of €343,454 and a net result of €219,955. Equity is growing by ~131.2% per year across the filed fiscal years. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
59 / 100
Fair
An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+13
Growth78=
Track record94
Bankruptcy probability, 12 months
5.6% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €20,000 at 30 days only on tighter terms
Liquidity ample (current ratio 16.94 against 2.75 in 2024; short-term debt: 5.9% and cash: 99% of total assets), and 6.5% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
93.5%
Return on assets
59.9%
Age of the figures
9 mo
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
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 11-03-2026, 142 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
142 d early
2024
28 d late
2023
6 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 40 days before 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 (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. Usually files around 26 July (3 of the last 3 filed years within 137 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

KD MBV was incorporated on 12 September 2023 as a Private limited company.1 Total assets rose from EUR 29,724 in 2023 to EUR 367,240 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€343,454▲ 178%
2024 · €123,500
Total assets
€367,240▲ 85.8%
2024 · €197,609
Net result
€219,955▲ 111%
2024 · €104,094
Working capital
€343,918▲ 174%
2024 · €125,705
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
Line202320242025
Operating result€19,488-€133,637▲ 586%€288,516▲ 116%
Net result€15,406-€104,094▲ 576%€219,955▲ 111%
Equity€19,406-€123,500▲ 536%€343,454▲ 178%
Total assets€29,724-€197,609▲ 565%€367,240▲ 85.8%
Debt€10,318-€74,110▲ 618%€23,786▼ 67.9%
Working capital€21,611-€125,705▲ 482%€343,918▲ 174%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100,000€200,000€300,000Operating result 2023: €19,488€19,488Net result 2023: €15,406€15,406Operating result 2024: €133,637€133,637Net result 2024: €104,094€104,094Operating result 2025: €288,516€288,516Net result 2025: €219,955€219,955202320242025€0€100,000€200,000€300,000Operating result 2023: €19,488€19,500Net result 2023: €15,406€15,400Operating result 2024: €133,637€134,000Net result 2024: €104,094€104,000Operating result 2025: €288,516€289,000Net result 2025: €219,955€220,000202320242025
The operating result has risen two years in a row; 2025 is 116% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €367,240
Fixed assets €1,741
Current assets €365,499
Equity and liabilities €367,240
Equity €343,454 ▲ 178%
Debt €23,786 ▼ 67.9%
Debt's share of the balance-sheet total falls from 37.5% to 6.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€288,689
Cash flow
€220,128
Current ratio
16.94▲
2024 · 2.75
Debt to equity
0.07▼
2024 · 0.60
ROE
64.0%▼
2024 · 84.3%
ROA
59.9%▲
2024 · 52.7%
Interest coverage
1801.83
Debt ≤ 1 year
€21,581▼
2024 · €71,905
Income taxes
€68,401▲
2024 · €29,382
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 5.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,276 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 32 lines
Balance sheet Code20242025
Assets
Total assets20/58€197,609€367,240▲
Fixed assets21/28-€1,741
Tangible fixed assets22/27-€1,741
Plant, machinery and equipment23-€1,741
Current assets29/58€197,609€365,499▲
Cash at bank and in hand54/58€195,968€363,693▲
Deferred charges and accrued income490/1€1,642€1,807▲
Equity and liabilities
Total equity and liabilities10/49€197,609€367,240▲
Equity10/15€123,500€343,454▲
Contributions10/11€4,000€4,000=
Reserves13€119,500€339,454▲
Distributable reserves133€119,500€339,454▲
Amounts payable17/49€74,110€23,786▼
Amounts payable within one year42/48€71,905€21,581▼
Trade debts44€65,648€3,305▼
Suppliers440/4€65,648€3,305▼
Taxes, remuneration and social security45€6,257€18,276▲
Taxes450/3€6,257€18,276▲
Accrued charges and deferred income492/3€2,205€2,205=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€173
Other operating charges640/8€118€120▲
Gross operating margin9900€133,755€288,809▲
Operating profit (loss)9901€133,637€288,516▲
Financial charges65/66B€161€160▼
Recurring financial charges65€161€160▼
Profit (loss) for the period before taxes9903€133,476€288,356▲
Income taxes67/77€29,382€68,401▲
Profit (loss) for the period9904€104,094€219,955▲
Profit (loss) for the period to be appropriated9905€104,094€219,955▲
Appropriation of the result
Profit (loss) to be appropriated9906€104,094€219,955▲
Transfer to equity691/2€104,094€219,955▲
To other reserves6921€104,094€219,955▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€173-
Other operating charges640/8€50€118€120▲ 1.7%
Gross operating margin9900€19,538€133,755€288,809▲ 116%
Operating profit (loss)9901€19,488€133,637€288,516▲ 116%
Financial charges65/66B€21€161€160▼ 0.6%
Recurring financial charges65€21€161€160▼ 0.6%
Profit (loss) for the period before taxes9903€19,467€133,476€288,356▲ 116%
Income taxes67/77€4,062€29,382€68,401▲ 133%
Profit (loss) for the period9904€15,406€104,094€219,955▲ 111%
Profit (loss) for the period to be appropriated9905€15,406€104,094€219,955▲ 111%
Line202320242025Change
Assets
Total assets20/58€29,724€197,609€367,240▲ 85.8%
Fixed assets21/28--€1,741-
Tangible fixed assets22/27--€1,741-
Plant, machinery and equipment23--€1,741-
Current assets29/58€29,724€197,609€365,499▲ 85.0%
Cash at bank and in hand54/58€28,166€195,968€363,693▲ 85.6%
Deferred charges and accrued income490/1€1,558€1,642€1,807▲ 10.0%
Equity and liabilities
Total equity and liabilities10/49€29,724€197,609€367,240▲ 85.8%
Equity10/15€19,406€123,500€343,454▲ 178%
Contributions10/11€4,000€4,000€4,000=
Reserves13€15,406€119,500€339,454▲ 184%
Distributable reserves133€15,406€119,500€339,454▲ 184%
Amounts payable17/49€10,318€74,110€23,786▼ 67.9%
Amounts payable within one year42/48€8,113€71,905€21,581▼ 70.0%
Trade debts44€2,176€65,648€3,305▼ 95.0%
Suppliers440/4€2,176€65,648€3,305▼ 95.0%
Taxes, remuneration and social security45€5,937€6,257€18,276▲ 192%
Taxes450/3€5,937€6,257€18,276▲ 192%
Accrued charges and deferred income492/3€2,205€2,205€2,205=
Line202320242025Change
Profit (loss) for the period9904€15,406€104,094€219,955▲ 111%
+ Depreciation and write-downs630--€173-
Operating cash flow (approximation)€15,406€104,094€220,128▲ 111%
Change in cash-€167,802€167,725=

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
11-03
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2023net €219,955 ▲111%
Operating result €288,516, net result €219,955, both a record.
31-12
Financial Liquidity times 6current ratio 16.94
Current ratio from 2.75 to 16.94; short-term debt falls from €71,905 to €21,581.
31-12
Financial Equity above €200,000Eq €343,454 ▲178%
3 profitable years in a row build equity to €343,454.
28-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial Equity above €100,000Eq €123,500 ▲536%
2 profitable years in a row build equity to €123,500.
25-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Sint-Jans-Molenbeek · 2 establishment units since 2023
seat establishment All 2 establishment units on the map
Ground area
5.4 ha
Building footprint
1.8 ha
Volume, LiDAR
281,682 m³
2 parcels, Brussels, Flanders · tallest building 45.9 m, ±14 floors. Linked by address, not a title deed.
8 companies at this address See who is registered here
2 establishment units
KD MBV
Oosterveldlaan 24, 2610 AntwerpenSpecialist medical practice
since 20232.349.731.463
KD MBV
Jean Dubrucqlaan 86, 1080 Sint-Jans-MolenbeekSpecialist medical practice
since 20232.349.731.562
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
11051C0173/00N000 Flanders 5.1 ha 1 · 1.7 ha 33.7 m · 4 fl.
21012A0028/00M000 Brussels 3,200 m² 1 · 1,282 m² 45.9 m · 14 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded12-09-2023
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0805726342
Also 9925:BE0805726342
Registered 24-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.