M.B. DIFFUSION
ActiveSummary
M.B. DIFFUSION has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14k and a net result of €-8k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 39% of 18400 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability19▼-81
Solvency46▼-24
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.47 against 1.91 in 2024; short-term debt: 31.3% and cash: 6.5% of total assets), and 79.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 →
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 2025Solvency, return and age of the figures
Solvency
20.8%
Return on assets
-12.4%
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
38 d early
2023
49 d early
2022
41 d early
2021
11 d early
2020
25 d early
2019
13 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€14k▼ 37.3%
2024 · €22k
2018: €1k
2019: €-6k▼ -553% vs 2018lowest in 8 years
2020: €-107▲ +98.2% vs 2019
2021: €4k▲ +3395% vs 2020
2022: €7k▲ +103% vs 2021
2023: €6k▼ -11.0% vs 2022
2024: €22k▲ +253% vs 2023highest in 8 years
2025: €14k▼ -37.3% vs 2024
2018 → 2025
Total assets
€67k▲ 37.1%
2024 · €49k
2018: €24k
2019: €8k▼ -66.6% vs 2018lowest in 8 years
2020: €11k▲ +34.0% vs 2019
2021: €20k▲ +87.5% vs 2020
2022: €25k▲ +23.7% vs 2021
2023: €14k▼ -44.5% vs 2022
2024: €49k▲ +251% vs 2023
2025: €67k▲ +37.1% vs 2024highest in 8 years
2018 → 2025
Net result
€-8k
2024 · €16k
2018: €5k
2019: €-7k▼ -235% vs 2018
2020: €6k▲ +180% vs 2019
2021: €4k▼ -38.0% vs 2020
2022: €4k▼ -0.3% vs 2021
2023: €-784▼ -122% vs 2022
2024: €16k▲ +2142% vs 2023highest in 8 years
2025: €-8k▼ -152% vs 2024lowest in 8 years
2018 → 2025
Working capital
€-11k
2024 · €12k
2018: €-404
2019: €-9k▼ -2098% vs 2018
2020: €-4k▲ +51.7% vs 2019
2021: €1k▲ +129% vs 2020
2022: €1k▼ -1.4% vs 2021
2023: €479▼ -60.5% vs 2022
2024: €12k▲ +2373% vs 2023highest in 8 years
2025: €-11k▼ -195% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4k-€7k▲ 103%€6k▼ 11.0%€22k▲ 253%€14k▼ 37.3%
2021: €4klowest in 5 years
2022: €7k▲ +103% vs 2021
2023: €6k▼ -11.0% vs 2022
2024: €22k▲ +253% vs 2023highest in 5 years
2025: €14k▼ -37.3% vs 2024
Operating result€5k-€5k▲ 2.1%€376▼ 92.1%€13k▲ 3,368%€-6k
2021: €5k
2022: €5k▲ +2.1% vs 2021
2023: €376▼ -92.1% vs 2022
2024: €13k▲ +3368% vs 2023highest in 5 years
2025: €-6k▼ -149% vs 2024lowest in 5 years
Net result€4k-€4k▼ 0.3%€-784€16k€-8k
2021: €4k
2022: €4k▼ -0.3% vs 2021
2023: €-784▼ -122% vs 2022
2024: €16k▲ +2142% vs 2023highest in 5 years
2025: €-8k▼ -152% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €6k after €13k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €67k
Fixed assets
€57k ▲ 143%
Current assets
€10k ▼ 60.5%
Equity and liabilities €67k
Equity
€14k ▼ 37.3%
Debt
€53k ▲ 99.0%
Debt's share of the balance-sheet total rises from 54.6% to 79.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€3k▼
2024 · €19k
Cash flow
€1k▼
2024 · €22k
Current ratio
0.47▼
2024 · 1.91
Quick ratio
0.31▼
2024 · 1.42
Debt to equity
3.81▲
2024 · 1.20
ROE
-59.4%▼
2024 · 71.6%
ROA
-12.4%▼
2024 · 32.6%
Interest coverage
1.83▼
2024 · 12.06
Debt ≤ 1 year
€21k▲
2024 · €13k
Debt > 1 year
€32k▲
2024 · €14k
Income taxes
€204▼
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€49k€67k▲
Formation expenses20€864€654▼
Fixed assets21/28€23k€57k▲
Tangible fixed assets22/27€23k€56k▲
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€20k€54k▲
Financial fixed assets28€535€535=
Current assets29/58€25k€10k▼
Stocks and contracts in progress3€6k€3k▼
Stocks30/36€6k€3k▼
Amounts receivable within one year40/41€5k€332▼
Trade receivables40€4k€20▼
Other amounts receivable41€1k€312▼
Cash at bank and in hand54/58€13k€4k▼
Deferred charges and accrued income490/1€327€2k▲
Equity and liabilities
Total equity and liabilities10/49€49k€67k▲
Equity10/15€22k€14k▼
Contributions10/11€19k€19k=
Reserves13€11k€11k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€11k€11k=
Profit (loss) carried forward14€-7k€-15k▼
Amounts payable17/49€27k€53k▲
Amounts payable after more than one year17€14k€32k▲
Financial debts170/4€14k€32k▲
Amounts payable within one year42/48€13k€21k▲
Current portion of amounts payable after more than one year42€6k€12k▲
Trade debts44€4k€5k▲
Suppliers440/4€4k€4k▼
Bills of exchange payable441€0€600▲
Taxes, remuneration and social security45€3k€4k▲
Taxes450/3€3k€4k▲
Other amounts payable47/48€0€859▲
Income statement
Code20242025
Non-recurring operating income76A€618€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€10k▲
Other operating charges640/8€506€538▲
Non-recurring operating charges66A€27€0▼
Gross operating margin9900€20k€4k▼
Operating profit (loss)9901€13k€-6k▼
Financial income75/76B€8k€17▼
Recurring financial income75€22€17▼
Non-recurring financial income76B€8k€0▼
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€19k€-8k▼
Income taxes67/77€3k€204▼
Profit (loss) for the period9904€16k€-8k▼
Profit (loss) for the period to be appropriated9905€16k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€-15k▼
Profit (loss) brought forward from the previous period14P€-23k€-7k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €452 | €0 | - | €618 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €952 | €969 | €2k | €6k | €10k | ▲ 60.3% |
| Other operating charges640/8 | €596 | €533 | €844 | €506 | €538 | ▲ 6.5% |
| Non-recurring operating charges66A | - | - | €299 | €27 | €0 | ▼ 100% |
| Gross operating margin9900 | €6k | €6k | €3k | €20k | €4k | ▼ 80.9% |
| Operating profit (loss)9901 | €5k | €5k | €376 | €13k | €-6k | ▼ 149% |
| Financial income75/76B | €0 | €0 | €2 | €8k | €17 | ▼ 99.8% |
| Recurring financial income75 | €0 | €0 | €2 | €22 | €17 | ▼ 25.7% |
| Non-recurring financial income76B | - | - | - | €8k | €0 | ▼ 100% |
| Financial charges65/66B | €885 | €961 | €974 | €2k | €2k | ▲ 10.3% |
| Recurring financial charges65 | €885 | €961 | €974 | €2k | €2k | ▲ 10.3% |
| Profit (loss) for the period before taxes9903 | €4k | €4k | €-596 | €19k | €-8k | ▼ 143% |
| Income taxes67/77 | €160 | €190 | €188 | €3k | €204 | ▼ 93.2% |
| Profit (loss) for the period9904 | €4k | €4k | €-784 | €16k | €-8k | ▼ 152% |
| Profit (loss) for the period to be appropriated9905 | €4k | €4k | €-784 | €16k | €-8k | ▼ 152% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €20k | €25k | €14k | €49k | €67k | ▲ 37.1% |
| Formation expenses20 | - | - | - | €864 | €654 | ▼ 24.3% |
| Fixed assets21/28 | €2k | €6k | €6k | €23k | €57k | ▲ 143% |
| Tangible fixed assets22/27 | €2k | €5k | €5k | €23k | €56k | ▲ 146% |
| Plant, machinery and equipment23 | €634 | €5k | €4k | €3k | €2k | ▼ 34.4% |
| Furniture and vehicles24 | €1k | €636 | €1k | €20k | €54k | ▲ 175% |
| Financial fixed assets28 | €535 | €535 | €535 | €535 | €535 | = |
| Current assets29/58 | €18k | €19k | €8k | €25k | €10k | ▼ 60.5% |
| Stocks and contracts in progress3 | €2k | €8k | €1k | €6k | €3k | ▼ 46.5% |
| Stocks30/36 | €2k | €8k | €1k | €6k | €3k | ▼ 46.5% |
| Amounts receivable within one year40/41 | €8k | €10k | €4k | €5k | €332 | ▼ 93.1% |
| Trade receivables40 | €7k | €6k | €3k | €4k | €20 | ▼ 99.4% |
| Other amounts receivable41 | €1k | €5k | €511 | €1k | €312 | ▼ 73.1% |
| Cash at bank and in hand54/58 | €8k | €299 | €2k | €13k | €4k | ▼ 67.3% |
| Deferred charges and accrued income490/1 | €444 | €423 | €1k | €327 | €2k | ▲ 424% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €20k | €25k | €14k | €49k | €67k | ▲ 37.1% |
| Equity10/15 | €4k | €7k | €6k | €22k | €14k | ▼ 37.3% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €11k | €11k | €11k | €11k | €11k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €0 | - | - |
| Distributable reserves133 | €9k | €9k | €9k | €11k | €11k | = |
| Profit (loss) carried forward14 | €-26k | €-22k | €-23k | €-7k | €-15k | ▼ 123% |
| Amounts payable17/49 | €17k | €18k | €8k | €27k | €53k | ▲ 99.0% |
| Amounts payable after more than one year17 | - | - | - | €14k | €32k | ▲ 134% |
| Financial debts170/4 | - | - | - | €14k | €32k | ▲ 134% |
| Amounts payable within one year42/48 | €17k | €18k | €8k | €13k | €21k | ▲ 61.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €6k | €12k | ▲ 112% |
| Financial debts43 | €0 | €799 | €0 | - | - | - |
| Credit institutions430/8 | €0 | €799 | €0 | - | - | - |
| Trade debts44 | €14k | €11k | €5k | €4k | €5k | ▲ 11.2% |
| Suppliers440/4 | €14k | €11k | €4k | €4k | €4k | ▼ 3.2% |
| Bills of exchange payable441 | - | - | €312 | €0 | €600 | - |
| Taxes, remuneration and social security45 | €486 | €823 | €761 | €3k | €4k | ▲ 11.3% |
| Taxes450/3 | €486 | €823 | €761 | €3k | €4k | ▲ 11.3% |
| Other amounts payable47/48 | €2k | €6k | €2k | €0 | €859 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4k | €4k | €-784 | €16k | €-8k | ▼ 152% |
| + Depreciation and write-downs630 | €952 | €969 | €2k | €6k | €10k | ▲ 60.3% |
| Operating cash flow (approximation) | €5k | €5k | €941 | €22k | €1k | ▼ 94.3% |
| Investment in fixed assets (approximation) | - | €-5k | €-2k | €-24k | €-43k | ▼ 83.1% |
| Change in cash | - | €-7k | €2k | €11k | €-9k | ▼ 179% |
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
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series.
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
13-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 13 days late
2019
05-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 5 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
25-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 56 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Braine-le-Château · 1 establishment unit since 1990
Ground area
706 m²
Building footprint
150 m²
Volume, LiDAR
754 m³
Parcel 25015C0128/00Y002, Wallonia · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MB DIFFUSION
since 19902.047.277.941
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25015C0128/00Y002 | Wallonia | 706 m² | 1 · 150 m² | 7.1 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.
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Of 1,719 companies in sector 47521 we hold annual accounts for 1,287. 367 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
Founded01-02-1990
Fiscal year end31-12
Activities, NACEBEL 2025
47521Retail sale of hardware, building materials, paint and glass (general range)
Scores and ratios are computed by Checked and are not a credit decision.