MLM-INVEST

Active

Private limited companyfounded 2017active for 9 yearsLuyckstraat 10, 2960 Brecht, BelgiumKBO/BCE: BE 0668.894.677

From the official registers: KBO 8 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

MLM-INVEST has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €299,641 and a net result of €226,988. Equity has been growing by about 12% per year since 2018. Its solvency ranks better than 43% of 11,235 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

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MLM-INVESTActiveChecked score 91/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 09-01-2017 Normal situation
Legal form: Private limited company
Registered office: Luyckstraat 10, 2960 Brecht
Activity: Buying and selling of own real estate NACE 68110and 2 others
Establishment unit: 2.260.821.956 2960 Brecht, since 09-01-2017
Financial year end: 31 December
Peppol: Reachable since 27-03-2026

Company details

Board and ownership

Board

Geert LenaertsDirector

Shareholders

Geert Lenaerts100%annual accounts 2025

Holdings: Shares in 1 company MLM PROJECTEN

Board & ownership

Financial position

91 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.2%

Annual accounts 2025

Gross margin: €350,996; ▲ 482%
Turnover: ≈ €620,000; estimated
Profit: €226,988; ▲ 19×
Equity: €299,641; ▲ 312%
Total assets: €1.2m; ▲ 20.7%

Net result +1,846%: other schema2025 accounts filed 126 days before the deadline

Filed on 27-03-2026PDF

Financials

Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)lowers riskSize: total assets €1.2mFigures for financial year 2025 (filed on 28-03-2026)Liquidity: current ratio 5.95, cash €234,690Show the evidence

Checked score

Score 2025

91 / 100

Excellent

Probability in this band: under 0.55%

Financially stronger than 70% of micro companies in construction of buildings (NACE 41)

Every signal that counts is listed under Signals.

Financial strength · tick: 2024

Strong

Solvency 49+17

equity 24.0% of total assets

Liquidity 74+13

short-term debt 5.0% · cash 18.8%

Profitability 91+56

return on assets 18.2%

Bankruptcy probability within 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,451 companies, NACE 41, micro)

Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025highest value 03-2025: 0.6%▼ -0.1 percentage points vs 02-2025 04-2025: 0.7%▲ +0.1 percentage points vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.6%▼ -0.1 percentage points vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.2%▼ -0.4 percentage points vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026lowest value 07-2026: 0.2%● unchanged vs 06-2026lowest value 08-2026: 0.2%● unchanged vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value

Credit of up to €25,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 5.95 (2.35 in 2024), above the usual 1.5. Short-term debt is 5% and cash 18.8% of total assets. However, 76% of the assets are financed with debt and provisions.

Calculation

The band follows from the bankruptcy probability. 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 41, micro). It does better than 31% of them on solvency, 77% on liquidity, 76% on profitability and 96% on growth.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Sector: Construction of residential and non-residential buildings (NACE 41)

KBO

Size: total assets €1.2m

Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.

NBB · annual accounts

Figures for financial year 2025 (filed on 28-03-2026)

NBB · annual accounts

Liquidity: current ratio 5.95, cash €234,690

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-03-2026, 126 days ahead of the deadline.

NBB · 8 filings

Deviation from the deadline

2025

126 days early

2024

132 days early

2023

2 days early

2022

48 days early

2021

58 days early

2020

43 days early

2019

46 days early

← before the deadline after the deadline →

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

The company filed its last 7 accounts on average 65 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 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 3 June (4 of the last 5 filed years within 68 days of that day).

Companies Code · seven months

Where today falls in the filing period

01-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Key points

Positive: Result rose in 2025different schema filed ▲ 19× View
Positive: Higher net result than 88% of companies in real estatesector median €10,020 · 11,226 companies €226,988 View
Positive: 8 profitable years in a rowprofit 2025: €226,988 8 years View
Caution: A director leftlatest change 27-08-2026 · 1 in office 1 left View
Positive: Filed on time since financial year 2019accounts within the deadline every year 7 years View

Documents

Key facts about MLM-INVEST

What is the company number of MLM-INVEST?: The company number of MLM-INVEST is 0668.894.677. The VAT number is the same number with BE in front: BE 0668.894.677.
Where is MLM-INVEST based?: The registered office is at Luyckstraat 10, 2960 Brecht.Company details
What does MLM-INVEST do?: According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
What is the legal form of MLM-INVEST?: The legal form of MLM-INVEST is Private limited company (BV).
When was MLM-INVEST founded?: MLM-INVEST was founded on 09-01-2017.
Is MLM-INVEST still active?: Yes, MLM-INVEST is an active enterprise in the KBO register.
What is the turnover of MLM-INVEST?: The turnover in financial year 2025 is ≈ €620,000. This figure is estimated from the gross margin of €350,996 and 42 comparable companies (NACE 681). It probably lies between €480,000 and €1.0m.Financials
Is MLM-INVEST profitable?: In financial year 2025, MLM-INVEST made a profit of €226,988.
Where can I find the annual accounts of MLM-INVEST?: MLM-INVEST filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of MLM-INVEST due?: MLM-INVEST must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Companies linked to MLM-INVEST

Subsidiaries and holdings

MLM PROJECTEN100%

Comparable companies

These companies have the same main activity as MLM-INVEST: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €726,000 and €1.9m, founded between 2015 and 2017.

Company	Total assets	Gross margin
MLM-INVEST Brecht	€1.2m	€0.4m
GMO Projects Hasselt	€1.5m	€0.5m
OFFICE26 Lummen	€0.9m	€0.3m
N2 PROPERTY Ukkel	€1.9m	€0.3m
S.A. IMMOTIVE Maaseik	€1.1m	€0.2m
C.N.G. INVESTMENT Elsene	€1.1m	€0.2m
DEFINEA Koksijde	€0.7m	€0.2m