Result
€39 €39
Back in profit in 2025, after a loss of €50,410 in 2024.
M.A.B.
Lifetime
19 annual accounts with figures on one time axis, 37 filings since 1989peak €60,145 (2009)
-€30,795▲ €15,185
lowest -€50,410 (2024)
€39▲ €50,450
peak €6.7m (2025)
€6.7m▲ 16×
-not published
Board1 name since 1998
1 director
Owners
50%
Documentsfilings and deeds
29-01-20262 days before the deadline
2025micro format
Gross margin from -€45,980 to -€30,795Back to profit: €39Merger: M.A.B takes over G&L INVEST 10-02Equity from €416,437 to €6.7mCash from €161,305 to €254,423
Key points
from the 2025 annual accountsFilings
37 annual accounts since 1989
The last five annual accounts were filed 1 to 40 days before the end of the period.
Restructuring
2025
Merger with G&L INVEST. Merger on 10-02-2025.
Turnover not published (micro format)Equity +1,519%: merger
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,887 companies had the same profile as M.A.B. has now. Each dot stands for 5 companies, two years later.
97.9%
were still trading
2.1%
stopped another way
0.1%
went bankrupt
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,887 companies, not a prediction for M.A.B.. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director, since 04-08-1998
- 50%score equity €4.6m (2025) · 2025 annual accounts of
Recent changes
Merger: M.A.B takes over G&L INVEST
General meeting of 30-12-2024 · Gazette deed
Merger proposal: M.A.B. takes over G&L INVEST
Gazette deed
Amendment of the articles · Legal-form change
General meeting of 22-12-2023 · Gazette deed
First establishment
Preshoekstraat 229, Kortrijk
Official details
Source: KBO- Status
- Active since 11-07-1988Normal situation
- Activity
- “Het verwerven van participaties in eender welke vorm in alle bestaande of op te…” (deed in Dutch)From the articles, 8 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.040.094.0038510 Kortrijk, since 13-09-1988
- Financial year end
- 30 June
- Peppol
- Not found in the Peppol Directory
Annual accounts to 30-06-2025
- €6.7m▲ 14×
- Filing
- Filed on 29-01-2026, 2 days before the end of the filing period
Insights on M.A.B.
M.A.B. files the micro format. That format states no turnover. The gross margin fell from €54,123 in 2007 to -€30,795 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about M.A.B.
- What is the company number of M.A.B.?
- The company number of M.A.B. is 0434.840.409. The VAT number is the same number with BE in front: BE 0434.840.409.
- Where is M.A.B. based?
- The registered office is at Preshoekstraat 229, 8510 Kortrijk.Company details
- What is the legal form of M.A.B.?
- M.A.B. is a private limited company (BV).
- When was M.A.B. founded?
- M.A.B. was founded on 11-07-1988.
- Is M.A.B. still active?
- Yes, M.A.B. is an active enterprise in the KBO register.
- What is the turnover of M.A.B.?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is M.A.B. profitable?
- In financial year 2025, M.A.B. made a profit of €39.
- Where can I find the annual accounts of M.A.B.?
- M.A.B. filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of M.A.B. due?
- M.A.B. must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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