M.B.S.
ActiveSummary
M.B.S. has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €292k and a net result of €-82k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 37% of 121 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2026
53
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability7▼-4
Solvency59▼-5
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity tight (current ratio 1.31 against 3.01 in 2025; short-term debt: 11.6% and cash: 6.1% of total assets), and 66.3% of the assets are financed with debt.
Credit advice 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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2025 and 2026); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2026Net result per financial year
1920212223242526
2019 to 2026 · latest year €-82k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2026 was due by 31-01-2027 and was filed on 10-09-2026, 143 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
143 d early
2025
44 d early
2024
141 d early
2023
145 d early
2022
120 d early
2021
56 d early
2020
58 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2027 and is due by 31-01-2028. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-06-2027 close31-01-2028 deadline
Financials · fiscal year 2026, abbreviated schema
Equity
€292k▼ 21.9%
2025 · €374k
2019: €412k
2020: €329k
2021: €358k
2022: €426k
2023: €456k
2024: €437k
2025: €374k
2019 → 2026
Total assets
€868k▼ 9.5%
2025 · €959k
2019: €949k
2020: €889k
2021: €925k
2022: €994k
2023: €1.02M
2024: €1.00M
2025: €959k
2019 → 2026
Net result
€-82k▼ 30.2%
2025 · €-63k
2019: €-14k
2020: €-84k
2021: €29k
2022: €68k
2023: €30k
2024: €-18k
2025: €-63k
2019 → 2026
Working capital
€31k▼ 85.3%
2025 · €214k
2019: €148k
2020: €14k
2021: €57k
2022: €160k
2023: €223k
2024: €242k
2025: €214k
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€426k-€456k▲ 7.0%€437k▼ 4.1%€374k▼ 14.4%€292k▼ 21.9%
Operating result€85k-€43k▼ 49.5%€3k▼ 91.9%€-39k€-62k▼ 58.9%
Net result€68k-€30k▼ 56.5%€-18k€-63k▼ 241%€-82k▼ 30.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €62k in 2026 against €39k in 2025; the loss grows and 2026 has the lowest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €868k
Fixed assets
€736k ▲ 15.2%
Current assets
€132k ▼ 58.7%
Equity and liabilities €868k
Equity
€292k ▼ 21.9%
Debt
€576k ▼ 1.5%
The debt ratio rises from 61.0% to 66.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-27k▼
2025 · €-6k
Cash flow
€-48k▼
2025 · €-31k
Current ratio
1.31▼
2025 · 3.01
Quick ratio
0.76▼
2025 · 2.72
Debt / equity
1.97▲
2025 · 1.56
ROE
-28.1%▼
2025 · -16.8%
ROA
-9.5%▼
2025 · -6.6%
Interest coverage
-1.26▼
2025 · -0.25
Debt ≤ 1 year
€101k▼
2025 · €106k
Debt > 1 year
€454k=
2025 · €454k
Income taxes
€143▼
2025 · €146
Staff costs
€13k▼
2025 · €28k
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 · 2026 against 2025 · 50 lines
Balance sheet
Code20252026
Assets
Total assets20/58€959k€868k▼
Fixed assets21/28€639k€736k▲
Tangible fixed assets22/27€639k€736k▲
Land and buildings22€635k€640k▲
Plant, machinery and equipment23€4k€96k▲
Current assets29/58€320k€132k▼
Stocks and contracts in progress3€31k€55k▲
Stocks30/36€31k€55k▲
Amounts receivable within one year40/41€31k€23k▼
Trade receivables40€31k€23k▼
Other amounts receivable41€0-
Cash at bank and in hand54/58€256k€53k▼
Deferred charges and accrued income490/1€1k€0▼
Equity and liabilities
Total equity and liabilities10/49€959k€868k▼
Equity10/15€374k€292k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€312k€230k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€306k€224k▼
Profit (loss) carried forward14€71€0▼
Amounts payable17/49€585k€576k▼
Amounts payable after more than one year17€454k€454k=
Other amounts payable178/9€454k€454k=
Amounts payable within one year42/48€106k€101k▼
Trade debts44€5k€4k▼
Suppliers440/4€5k€4k▼
Taxes, remuneration and social security45€13k€12k▼
Taxes450/3€5k€9k▲
Remuneration and social security454/9€8k€3k▼
Other amounts payable47/48€88k€85k▼
Accrued charges and deferred income492/3€25k€21k▼
Income statement
Code20252026
Remuneration, social security and pensions62€28k€13k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€34k▲
Other operating charges640/8€5k€7k▲
Gross operating margin9900€27k€-7k▼
Operating profit (loss)9901€-39k€-62k▼
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€25k€22k▼
Recurring financial charges65€25k€22k▼
Profit (loss) for the period before taxes9903€-63k€-82k▼
Income taxes67/77€146€143▼
Profit (loss) for the period9904€-63k€-82k▼
Profit (loss) for the period to be appropriated9905€-63k€-82k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-63k€-82k▼
Profit (loss) brought forward from the previous period14P€71€71=
Transfer from equity791/2€63k€82k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
10-09
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
2025
18-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
12-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
08-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
03-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Highest result since 2019net €68k ▲134%
Operating result €85k, net result €68k, both a record.
2021
06-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Back to profitnet €29k
Net result €29k after 2 loss-making years.
2020
04-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Weakest financial yearnet €-84k
Net result drops to €-84k, the lowest in the series; recovery starts the following year.
2019
29-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
17-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
13-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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-Katelijne-Waver · 1 establishment unit since 1994
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.
Bergstraat 15A2861 Sint-Katelijne-WaverGround area
2,036 m²
Building footprint
300 m²
Volume, LiDAR
448 m³
Parcel 12027D0442/00Y002, Flanders · tallest building 11.8 m. Linked by address, not a title deed.
1 establishment unit
M.B.S.
since 19942.068.994.855
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12027D0442/00Y002 | Flanders | 2,036 m² | 1 · 300 m² | 11.8 m |
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.
Similar companies · same sector, comparable size
ALBOMAT
BE 0440.648.036
Genk · Eq €291k
WM BUILDING SOLUTIONS
BE 0561.870.619
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André DOMINIQUE SRL
BE 0821.851.801
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DAKDEPOT
BE 0560.686.229
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NORD RESINE
BE 0463.670.490
Verviers · Eq €288k
Of 1,803 companies in sector 46831 we hold annual accounts for 1,397. 996 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded14-10-1994
Fiscal year end30-06
Activities, NACEBEL
46831Wholesale of construction materials, general range
51532
25402Manufacture of fabricated metal products, except machinery and equipment
25502Manufacture of fabricated metal products, except machinery and equipment
28402
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.