M.B.C.
ActiveSummary
M.B.C. has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €762,842 and a net result of €39,810. Equity is growing by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 87% of 10552 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability74▼-6
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60,000 at 30 days acceptable
Liquidity ample (current ratio 3.92 against 5.64 in 2024; short-term debt: 21.5% and cash: 24.3% of total assets), and 22% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
78%
Return on assets
4.1%
Age of the figures
9 mo
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 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
36 d early
2023
35 d early
2022
4 d early
2021
48 d early
2020
11 d early
2019
33 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 22 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed 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 25 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€762,842=
2024 · €763,031
Total assets
€977,822▲ 8.0%
2024 · €905,666
Net result
€39,810▼ 50.5%
2024 · €80,369
Working capital
€614,653▼ 2.2%
2024 · €628,611
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€80,981▼ 16.0%€88,000▲ 8.7%€122,844▲ 39.6%€87,779▼ 28.5%€52,935▼ 39.7%
Net result€66,781within the sector's middle half▼ 14.0%€53,022within the sector's middle half▼ 20.6%€99,000within the sector's middle half▲ 86.7%€80,369within the sector's middle half▼ 18.8%€39,810within the sector's middle half▼ 50.5%
Equity€585,640within the sector's middle half▲ 0.3%€583,662within the sector's middle half▼ 0.3%€682,663within the sector's middle half▲ 17.0%€763,031above the sector's middle half▲ 11.8%€762,842above the sector's middle half=
Total assets€799,602within the sector's middle half▲ 6.8%€842,544within the sector's middle half▲ 5.4%€895,647within the sector's middle half▲ 6.3%€905,666within the sector's middle half▲ 1.1%€977,822within the sector's middle half▲ 8.0%
Debt€213,961▲ 29.6%€258,882▲ 21.0%€212,984▼ 17.7%€142,634▼ 33.0%€214,981▲ 50.7%
Working capital€490,538above the sector's middle half▲ 2.5%€452,676within the sector's middle half▼ 7.7%€533,554above the sector's middle half▲ 17.9%€628,611above the sector's middle half▲ 17.8%€614,653above the sector's middle half▼ 2.2%
Solvency73.2%above the sector's middle half▼ 4.7pp69.3%above the sector's middle half▼ 4.0pp76.2%above the sector's middle half▲ 6.9pp84.3%above the sector's middle half▲ 8.0pp78.0%above the sector's middle half▼ 6.2pp
Current ratio3.34above the sector's middle half▼ 0.592.78above the sector's middle half▼ 0.573.61above the sector's middle half▲ 0.835.64above the sector's middle half▲ 2.033.92above the sector's middle half▼ 1.72
Return on assets (ROA)8.4%within the sector's middle half▼ 2.0pp6.3%within the sector's middle half▼ 2.1pp11.1%above the sector's middle half▲ 4.8pp8.9%within the sector's middle half▼ 2.2pp4.1%within the sector's middle half▼ 4.8pp
Staff (FTE)1.7within the sector's middle half▲ 13.3%1.8within the sector's middle half▲ 5.9%1.6within the sector's middle half▼ 11.1%1.5within the sector's middle half▼ 6.3%2.3within the sector's middle half▲ 53.3%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 40% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €977,822
Fixed assets
€152,688 ▲ 7.8%
Current assets
€825,134 ▲ 8.0%
Equity and liabilities €977,822
Equity
€762,842 =
Debt
€214,981 ▲ 50.7%
Debt's share of the balance-sheet total rises from 15.7% to 22.0%. Debt is higher.
Key figures and ratios
EBITDA
€112,330▼
2024 · €140,381
Cash flow
€99,206▼
2024 · €132,972
Quick ratio
3.58▼
2024 · 5.04
Debt to equity
0.28▲
2024 · 0.19
ROE
5.2%▼
2024 · 10.5%
Interest coverage
37.08▲
2024 · 25.13
Debt ≤ 1 year
€210,481▲
2024 · €135,465
Income taxes
€17,057▼
2024 · €28,312
Staff costs
€109,260▲
2024 · €67,804
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,040 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 17,040 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €293 | €23,003 | €5,785 | - | - | - |
| Remuneration, social security and pensions62 | €68,471 | €74,640 | €71,923 | €67,804 | €109,260 | ▲ 61.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €30,279 | €31,638 | €46,531 | €52,603 | €59,395 | ▲ 12.9% |
| Other operating charges640/8 | €3,525 | €4,496 | €2,150 | €2,269 | €2,238 | ▼ 1.4% |
| Gross operating margin9900 | €183,256 | €198,773 | €243,448 | €210,455 | €223,828 | ▲ 6.4% |
| Operating profit (loss)9901 | €80,981 | €88,000 | €122,844 | €87,779 | €52,935 | ▼ 39.7% |
| Financial income75/76B | €9,592 | €8,173 | €8,014 | €26,489 | €6,962 | ▼ 73.7% |
| Recurring financial income75 | €9,592 | €8,173 | €8,014 | €26,489 | €6,962 | ▼ 73.7% |
| Financial charges65/66B | -€1,144 | €19,200 | -€4,966 | €5,587 | €3,029 | ▼ 45.8% |
| Recurring financial charges65 | -€1,144 | €19,200 | -€4,966 | €5,587 | €3,029 | ▼ 45.8% |
| Profit (loss) for the period before taxes9903 | €91,717 | €76,973 | €135,823 | €108,681 | €56,867 | ▼ 47.7% |
| Income taxes67/77 | €24,935 | €23,951 | €36,823 | €28,312 | €17,057 | ▼ 39.8% |
| Profit (loss) for the period9904 | €66,781 | €53,022 | €99,000 | €80,369 | €39,810 | ▼ 50.5% |
| Profit (loss) for the period to be appropriated9905 | €66,781 | €53,022 | €99,000 | €80,369 | €39,810 | ▼ 50.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €799,602 | €842,544 | €895,647 | €905,666 | €977,822 | ▲ 8.0% |
| Fixed assets21/28 | €99,769 | €134,986 | €157,509 | €141,590 | €152,688 | ▲ 7.8% |
| Intangible fixed assets21 | €1,668 | €834 | - | - | - | - |
| Tangible fixed assets22/27 | €97,966 | €134,017 | €157,374 | €141,455 | €152,553 | ▲ 7.8% |
| Land and buildings22 | €4,208 | €3,607 | €3,006 | €2,404 | €1,803 | ▼ 25.0% |
| Plant, machinery and equipment23 | €23,445 | €20,551 | €16,454 | €32,215 | €38,168 | ▲ 18.5% |
| Furniture and vehicles24 | €63,060 | €104,024 | €123,573 | €94,872 | €101,928 | ▲ 7.4% |
| Other tangible fixed assets26 | €7,253 | €5,836 | €14,341 | €11,963 | €10,654 | ▼ 10.9% |
| Financial fixed assets28 | €135 | €135 | €135 | €135 | €135 | = |
| Current assets29/58 | €699,833 | €707,558 | €738,138 | €764,076 | €825,134 | ▲ 8.0% |
| Stocks and contracts in progress3 | €71,533 | €101,410 | €77,552 | €80,877 | €72,380 | ▼ 10.5% |
| Stocks30/36 | €71,533 | €101,410 | €77,552 | €80,877 | €72,380 | ▼ 10.5% |
| Amounts receivable within one year40/41 | €183,396 | €254,979 | €275,200 | €283,943 | €369,935 | ▲ 30.3% |
| Trade receivables40 | €183,396 | €254,979 | €272,200 | €283,943 | €369,935 | ▲ 30.3% |
| Other amounts receivable41 | - | - | €3,000 | - | - | - |
| Current investments50/53 | €150,638 | €132,328 | €138,068 | €148,443 | €145,617 | ▼ 1.9% |
| Cash at bank and in hand54/58 | €294,265 | €218,840 | €247,319 | €250,812 | €237,203 | ▼ 5.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €799,602 | €842,544 | €895,647 | €905,666 | €977,822 | ▲ 8.0% |
| Equity10/15 | €585,640 | €583,662 | €682,663 | €763,031 | €762,842 | = |
| Contributions10/11 | €19,000 | €19,000 | €19,000 | €19,000 | €19,000 | = |
| Reserves13 | €565,189 | €563,211 | €662,211 | €742,580 | €742,391 | = |
| Non-distributable reserves130/1 | €1,900 | €1,900 | - | - | - | - |
| Reserves not available under the articles1311 | €1,900 | €1,900 | - | - | - | - |
| Distributable reserves133 | €563,289 | €561,311 | €662,211 | €742,580 | €742,391 | = |
| Profit (loss) carried forward14 | €1,451 | €1,451 | €1,451 | €1,451 | €1,451 | = |
| Amounts payable17/49 | €213,961 | €258,882 | €212,984 | €142,634 | €214,981 | ▲ 50.7% |
| Amounts payable within one year42/48 | €209,295 | €254,882 | €204,584 | €135,465 | €210,481 | ▲ 55.4% |
| Trade debts44 | €122,507 | €140,774 | €122,873 | €58,952 | €115,960 | ▲ 96.7% |
| Suppliers440/4 | €122,507 | €140,774 | €122,873 | €58,952 | €115,960 | ▲ 96.7% |
| Taxes, remuneration and social security45 | €33,880 | €34,033 | €25,353 | €39,997 | €36,689 | ▼ 8.3% |
| Taxes450/3 | €23,864 | €26,809 | €20,568 | €30,119 | €21,464 | ▼ 28.7% |
| Remuneration and social security454/9 | €10,016 | €7,224 | €4,785 | €9,879 | €15,224 | ▲ 54.1% |
| Other amounts payable47/48 | €52,907 | €80,076 | €56,359 | €36,516 | €57,832 | ▲ 58.4% |
| Accrued charges and deferred income492/3 | €4,667 | €4,000 | €8,400 | €7,169 | €4,500 | ▼ 37.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €66,781 | €53,022 | €99,000 | €80,369 | €39,810 | ▼ 50.5% |
| + Depreciation and write-downs630 | €30,279 | €31,638 | €46,531 | €52,603 | €59,395 | ▲ 12.9% |
| Operating cash flow (approximation) | €97,061 | €84,660 | €145,531 | €132,972 | €99,206 | ▼ 25.4% |
| Investment in fixed assets (approximation) | - | -€66,855 | -€69,053 | -€36,684 | -€70,494 | ▼ 92.2% |
| Change in cash | - | -€75,425 | €28,479 | €3,493 | -€13,610 | ▼ 490% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €99,000 ▲86.7%
Operating result €122,844, net result €99,000, both a record.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
02-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 33 days late
2019
31-12
Financial
Weakest financial yearnet €28,369 ▼44%
Net result drops to €28,369, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
03-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Londerzeel · 1 establishment unit since 1994
Ground area
1,712 m²
Building footprint
747 m²
Volume, LiDAR
3,978 m³
Parcel 23048C0064/00G000, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kruisheide 1, 1840 Londerzeel
since 19942.037.004.948
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23048C0064/00G000 | Flanders | 1,712 m² | 1 · 747 m² | 10.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 65,904 EUR awarded · 65,904 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 17,952 EUR | 17,952 EUR |
| 2024 | 1 | 16,556 EUR | 16,556 EUR |
| 2023 | 1 | 16,694 EUR | 16,694 EUR |
| 2022 | 1 | 14,702 EUR | 14,702 EUR |
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Of 2,445 companies in sector 47820 we hold annual accounts for 780. 425 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-03-1986
Fiscal year end31-12
Activities, NACEBEL 2025
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47820Retail sale of motor vehicle parts and accessories
E-invoicing
Reachable via Peppol
Peppol ID
0208:0428720501
Also
9925:BE0428720501
Registered
23-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.