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M&B Projects

Active Private limited company (pre-2019)founded 2009active for 17 yearsHoutemstraat 176, 3300 TienenKBO/BCE: BE 0809.948.119

Lifetime

17 annual accounts with figures on one time axis
peak €49,501 (2025)
€18,803▼ 62.0%
lowest -€37,337 (2022)
-€1,537▼ €19,327
peak €2,002 (2011)
-€67,684▼ €1,537
€775,436▲ 0.8%
Board1 name since 2009
1 director
Documentsfilings and deeds
28-09-20262 days before the deadline
2026micro format
Gross margin from €49,501 to €18,803Loss of €1,537Cash from €2,023 to €584

Key points

from the 2026 annual accounts

Equity

-€67,684
202120222023202420252026

Debts exceed assets in financial year 2026.

Debts

€775,436 110% of the balance sheet
Financial debts 35%Suppliers 5%Taxes and wages 0%Other 60%

Of this, €506,200 falls due within a year.

Position in the sector

-€67,684

Less equity than 95% of companies in head offices and management consultancy. Sector median €97,306 · 1,726 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,215 companies had the same profile as M&B Projects has now. Each dot stands for 4 companies, two years later.

95.6%
were still trading
2.7%
stopped another way
1.1%
went bankrupt
  • Small
  • 10 to 20 years old
  • negative equity
  • a small loss

Another 0.6% 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 1,215 companies, not a prediction for M&B Projects. 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
Board & ownership

Recent changes

Registered office moved within Tienen New registered office: Houtemstraat 176-3300 Tienen · Previous registered office: Leuvenselaan 56-3300 Tienen · General meeting of 01-10-2022 · Gazette deed
Incorporation published on 24-02-2009 · Gazette deed
First establishment Houtemstraat 176, Tienen
All 26 events

Comparable companies

same main activity, similar in size and age
Company
M&B Projects Tienen €707,752 €18,803 -9.6% -
PEPIJN Tienen €656,663 €17,330 -48.3% -
EOSALIS Bierbeek €744,341 €16,396 27.4% -
DI-RECT Merchtem €743,908 €17,684 98.9% -
BREVEXCO Uccle €699,276 €19,181 87.3% -
FERA CONSULTING Stekene €682,582 €18,125 92.0% -
WINCS Grobbendonk €698,589 €20,105 22.5% -

These companies have the same main activity as M&B Projects: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €657,000 and €744,000, founded between 2006 and 2010.

Official details

Source: KBO
Status
Active since 20-02-2009Normal situation
Activity
Business and other management consultancyNACE 70200and 2 others
Establishment unit
2.176.811.5433300 Tienen, since 20-02-2009
Financial year end
28 February
Peppol
Reachable
Company details

Annual accounts to 28-02-2026

≈ €86,000estimated
€707,752▲ 0.7%
Filing
Filed on 28-09-2026, 2 days before the end of the filing period
Financials

Insights on M&B Projects

M&B Projects files the micro format. That format states no turnover. The gross margin fell from €34,477 in 2010 to €18,803 in 2026.

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&B Projects

What is the company number of M&B Projects?
The company number of M&B Projects is 0809.948.119. The VAT number is the same number with BE in front: BE 0809.948.119.
Where is M&B Projects based?
The registered office is at Houtemstraat 176, 3300 Tienen.Company details
What does M&B Projects do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of M&B Projects?
M&B Projects is a private limited company (pre-2019) (BVBA).
When was M&B Projects founded?
M&B Projects was founded on 20-02-2009.
Is M&B Projects still active?
Yes, M&B Projects is an active enterprise in the KBO register.
What is the turnover of M&B Projects?
The turnover in financial year 2026 is ≈ €86,000. This figure is estimated from the gross margin of €18,803 and 207 comparable companies (NACE 70200). It probably lies between €40,000 and €170,000. It is a rough estimate.Financials
Is M&B Projects profitable?
In financial year 2026, M&B Projects made a loss of €1,537.
Where can I find the annual accounts of M&B Projects?
M&B Projects filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of M&B Projects due?
M&B Projects must file the annual accounts for financial year 2027 by 30-09-2027.Timeline

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