M.B BOTTON
ActiveM.B BOTTON has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €281k and a net result of €-55k. Equity is growing by ~18.8% per year across the filed fiscal years. Its solvency ranks better than 33% of 36373 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability53▼-22
Solvency56▼-14
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity tight (current ratio 1.04 against 1.39 in 2023; short-term debt: 41.2% of total assets), and 68.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
31.2%
Return on assets
-6.1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
57 d late
2023
89 d late
2022
70 d late
2021
61 d late
2020
58 d late
2019
61 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-55k
2023 · €36k
2018: €558
2019: €339
2020: €-22k
2021: €36k
2022: €145k
2023: €36k
2018 → 2024
Working capital
€14k▼ 85.3%
2023 · €96k
2018: €-71k
2019: €-33k
2020: €-33k
2021: €18k
2022: €51k
2023: €96k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€119k-€155k▲ 30.0%€300k▲ 93.6%€336k▲ 11.8%€281k▼ 16.2%
Operating result€-2k-€75k€177k▲ 135%€68k▼ 61.5%€-39k
Net result€-22k-€36k€145k▲ 306%€36k▼ 75.5%€-55k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €39k after €68k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €902k
Fixed assets
€516k▲ 28.9%
Current assets
€386k▲ 13.1%
Equity and liabilities €902k
Equity
€281k▼ 16.2%
Debt
€620k▲ 53.0%
The debt ratio rises from 54.7% to 68.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€77k▼
2023 · €194k
Cash flow
€62k▼
2023 · €161k
Solvency
31.2%▼
2023 · 45.3%
Current ratio
1.04▼
2023 · 1.39
Quick ratio
1.04▼
2023 · 1.39
Debt / equity
2.20▲
2023 · 1.21
ROE
-19.4%▼
2023 · 10.6%
ROA
-6.1%▼
2023 · 4.8%
Interest coverage
5.07▼
2023 · 13.03
Debt
€620k▲
2023 · €405k
Debt ≤ 1 year
€372k▲
2023 · €245k
Debt > 1 year
€248k▲
2023 · €149k
Staff costs
€132k▼
2023 · €165k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€741k€902k▲
Fixed assets21/28€400k€516k▲
Tangible fixed assets22/27€400k€515k▲
Plant, machinery and equipment23€203k€179k▼
Furniture and vehicles24€54k€42k▼
Leasing and similar rights25€143k€295k▲
Financial fixed assets28€260€260=
Current assets29/58€341k€386k▲
Amounts receivable after more than one year29€30k€30k=
Other amounts receivable291€30k€30k=
Amounts receivable within one year40/41€272k€354k▲
Trade receivables40€249k€322k▲
Other amounts receivable41€24k€33k▲
Cash at bank and in hand54/58€18k-
Deferred charges and accrued income490/1€21k€1k▼
Equity and liabilities
Total equity and liabilities10/49€741k€902k▲
Equity10/15€336k€281k▼
Contributions10/11€12k€12k=
Reserves13€32k€32k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€30k€30k=
Profit (loss) carried forward14€292k€237k▼
Amounts payable17/49€405k€620k▲
Amounts payable after more than one year17€149k€248k▲
Financial debts170/4€149k€248k▲
Amounts payable within one year42/48€245k€372k▲
Current portion of amounts payable after more than one year42€89k€104k▲
Financial debts43€15€23k▲
Credit institutions430/8€15€23k▲
Trade debts44€52k€217k▲
Suppliers440/4€52k€217k▲
Taxes, remuneration and social security45€105k€27k▼
Taxes450/3€64k€21k▼
Remuneration and social security454/9€41k€6k▼
Accrued charges and deferred income492/3€11k-
Income statement
Code20232024
Remuneration, social security and pensions62€165k€132k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€126k€117k▼
Other operating charges640/8€25k€28k▲
Non-recurring operating charges66A-€2k
Gross operating margin9900€383k€239k▼
Operating profit (loss)9901€68k€-39k▼
Financial income75/76B€492€11▼
Recurring financial income75€492€11▼
Financial charges65/66B€15k€15k▲
Recurring financial charges65€15k€15k▲
Profit (loss) for the period before taxes9903€54k€-55k▼
Income taxes67/77€18k-
Profit (loss) for the period9904€36k€-55k▼
Profit (loss) for the period to be appropriated9905€36k€-55k▼
Appropriation of the result
Profit (loss) to be appropriated9906€322k€237k▼
Profit (loss) brought forward from the previous period14P€286k€292k▲
Transfer to equity691/2€30k-
To other reserves6921€30k-
Social balance
Average headcount (FTE)90873.9-
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
31-12
Financial
Weakest financial yearnet €-55k ▼253%
Net result drops to €-55k, the lowest in the series.
28-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 89 days late
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 70 days late
2022
31-12
Financial
Highest result since 2018net €145k ▲306%
Operating result €177k, net result €145k, both a record.
31-12
Financial
Equity above €200kEq €300k ▲93.6%
2 profitable years in a row build equity to €300k.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Back to profitnet €36k
Net result €36k after one loss-making year.
31-12
Financial
Equity above €150kEq €155k ▲30%
Equity rises from €119k to €155k.
27-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 58 days late
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 10 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
08-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Hamois · 1 establishment unit since 2005
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de Maibes, Schaltin 155364 HamoisGround area
3,857 m²
Building footprint
193 m²
Parcel 91116A0229/00C000, Wallonia. Linked by address, not a title deed.
1 establishment unit
SPRL M.B. BOTTON
since 20052.149.522.275
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91116A0229/00C000 | Wallonia | 3,857 m² | 1 · 193 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHamois2.149.522.275
Similar companies · same sector, comparable size
LEPAGE Jacques
BE 0860.172.838
Wellin · Eq €281k
Grondwerken Reinquin
BE 0691.604.060
Tielt-Winge · Eq €281k
Grondwerken & Tuinaanleg Van Rooy
BE 0464.763.424
Laakdal · Eq €282k
Verhulst grond en betonwerken
BE 1004.519.231
Oostrozebeke · Eq €281k
KERKHOVE PIETER
BE 0689.626.844
Zedelgem · Eq €280k
Of 8,456 companies in sector 43120 we hold annual accounts for 3,233. 2,467 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-10-2005
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43120Site preparation
45112
45211
42211Civil engineering
42990Civil engineering
43910Bricklaying and masonry work
43994Specialised construction activities
45230
45250
82990Other business support services
81230Other cleaning activities
90032
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesPhone:083/61.21.05
Fax:083/61.21.05