M.B.K. Concept
Open bankruptcyA bankruptcy procedure is open for M.B.K. Concept according to publications in the Belgian State Gazette; curator: Philippe DECHAMPS. The 2022 annual accounts show negative equity (€-709k) and a net result of €-511k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 25-08-2023, 25 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
25 d late
2021
26 d late
2020
89 d late
2019
105 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-511k▼ 1,421%
2021 · €-34k
2018: €-33k
2019: €-65k
2020: €-40k
2021: €-34k
2018 → 2022
Working capital
€-396k▼ 170%
2021 · €-147k
2018: €-39k
2019: €-86k
2020: €-123k
2021: €-147k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€-58k-€-123k▼ 113%€-164k▼ 32.6%€-197k▼ 20.5%€-709k▼ 259%
Operating result€-27k-€-33k▼ 24.2%€-22k▲ 33.8%€-15k▲ 29.9%€11k
Net result€-33k-€-65k▼ 98.9%€-40k▲ 38.5%€-34k▲ 16.4%€-511k▼ 1,421%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2022: €11k after a loss of €15k in 2021, the highest result in the available series.
Key figures and ratios
Current ratio
0.08▼
2021 · 0.19
Quick ratio
0.08▼
2021 · 0.19
Debt / equity
-1.05▲
2021 · -4.84
Debt
€742k▼
2021 · €956k
Debt ≤ 1 year
€429k▲
2021 · €180k
Debt > 1 year
€250k▼
2021 · €725k
Income taxes
€122▼
2021 · €488
A ratio outside any meaningful range has been withheld (balance sheet total €34k, equity €-709k).
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€759k€34k▼
Fixed assets21/28€725k-
Financial fixed assets28€725k-
Current assets29/58€34k€34k▲
Amounts receivable within one year40/41€33k€33k▲
Trade receivables40€24k€24k=
Other amounts receivable41€9k€9k▲
Cash at bank and in hand54/58€32€42▲
Deferred charges and accrued income490/1€496-
Equity and liabilities
Total equity and liabilities10/49€759k€34k▼
Equity10/15€-197k€-709k▼
Contributions10/11€6k€6k=
Outside capital11€6k€6k=
Other1109/19€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-205k€-717k▼
Amounts payable17/49€956k€742k▼
Amounts payable after more than one year17€725k€250k▼
Financial debts170/4€725k€250k▼
Amounts payable within one year42/48€180k€429k▲
Current portion of amounts payable after more than one year42€3k-
Trade debts44€62k€52k▼
Suppliers440/4€62k€52k▼
Taxes, remuneration and social security45€488€610▲
Taxes450/3€488€610▲
Other amounts payable47/48€115k€377k▲
Accrued charges and deferred income492/3€50k€63k▲
Income statement
Code20212022
Other operating charges640/8€2k€868▼
Gross operating margin9900€-13k€11k▲
Operating profit (loss)9901€-15k€11k▲
Financial income75/76B€926€1k▲
Recurring financial income75€926€1k▲
Financial charges65/66B€19k€523k▲
Recurring financial charges65€19k€523k▲
Profit (loss) for the period before taxes9903€-33k€-511k▼
Income taxes67/77€488€122▼
Profit (loss) for the period9904€-34k€-511k▼
Profit (loss) for the period to be appropriated9905€-34k€-511k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-205k€-717k▼
Profit (loss) brought forward from the previous period14P€-172k€-205k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 25 days late
31-01
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · M.B.K. CONCEPT SRL RUE SAINT- BERNARD 161, 1060 SAINT-GILLES · event 23-01-2023
2022
31-12
Financial
Weakest financial yearnet €-511k
Net result drops to €-511k, the lowest in the series.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
13-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 105 days late
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 58 days late
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
11-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 11 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2015
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.
Sint-Bernardusstraat 1611060 Sint-Gillis (bij-Brussel)Ground area
1,378 m²
Building footprint
183 m²
Volume, LiDAR
1,246 m³
2 parcels, Brussels, Wallonia · tallest building 19.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
M.B.K. Concept
since 20152.242.118.772
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63502C0201/00B002 | Wallonia | 1,299 m² | 1 · 90 m² | - |
| 21013B0324/02Y002 | Brussels | 79 m² | 1 · 93 m² | 19.2 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Philippe DECHAMPS DREVE DES RENARDS 8/7,
1180 UCCLE |
23-01-2023 → present |
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Of 9,697 companies in sector 68121 we hold annual accounts for 7,378. 4,280 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded24-03-2015
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.