Equity
€153,757 from €322,137 in 2006
Equity fell by 52% in 19 years.
M.A.B.
Lifetime
20 annual accounts with figures on one time axis, 37 filings since 1989peak €161,480 (2020)
€11,520▲ 95.4%
lowest -€35,906 (2010)
€1,614▲ €6,430
peak €322,137 (2006)
€153,757▲ 1.1%
€103,558▼ 16.6%
Board5 names since 1992
3 directors and 2 others
Documentsfilings and deeds
10-07-202621 days before the deadline
2025micro format
Gross margin from €5,896 to €11,520Back to profit: €1,614Debts from €124,227 to €103,558
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 17,044 companies had the same profile as M.A.B. has now. Each dot stands for 43 companies, two years later.
94.3%
were still trading
5.0%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
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 17,044 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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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director, since 30-11-1992
Director, since 30-11-1992
Director, since 17-06-2008
Recent changes
3 directors reappointed
, and · General meeting of 15-06-2021 · Gazette deed
Capital decrease of €134,930.10 to €167,500
Capital from €302,430.10 to €167,500 · General meeting of 04-12-2019 · Gazette deed
1 director appointed, 3 reappointments
Reappointments: , and · Appointment: (managing director) · General meeting of 21-06-2016 · Gazette deed
First establishment
Abdijstraat 21, Ninove
Official details
Source: KBO- Status
- Active since 07-04-1989Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.043.305.4939400 Ninove, since 11-05-1989
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- €257,314▼ 6.9%
- Filing
- Filed on 10-07-2026, 21 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 rose from €5,283 in 2006 to €11,520 in 2025.
The balance sheet grew most in 2008 through fixed assets, financed with long-term debt.
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 0437.192.559. The VAT number is the same number with BE in front: BE 0437.192.559.
- Where is M.A.B. based?
- The registered office is at Abdijstraat 21, 9400 Ninove.Company details
- What is the legal form of M.A.B.?
- M.A.B. is a public limited company (NV).
- When was M.A.B. founded?
- M.A.B. was founded on 07-04-1989.
- 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 turnover in financial year 2025 is ≈ €86,000. This figure is estimated from the gross margin of €11,520 and 7,096 comparable companies of the same size. It probably lies between €39,000 and €200,000. It is a rough estimate.Financials
- Is M.A.B. profitable?
- In financial year 2025, M.A.B. made a profit of €1,614.
- 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 31-07-2027.Timeline
Next steps
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