M&B TEAM
ActiveM&B TEAM has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €998k and a net result of €19k. Equity is growing by ~14.6% per year across the filed fiscal years. Its solvency ranks better than 88% of 15368 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability48▼-52
Solvency100=
Growth55▼-17
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 26.06 against 5.74 in 2023; short-term debt: 2.7% and cash: 44.9% of total assets), and 10.9% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
89.1%
Return on assets
1.7%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-08-2025, 17 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
17 d late
2023
33 d early
2022
19 d late
2021
53 d early
2020
31 d late
2019
37 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€697k▲ 3.3%
2021 · €674k
2018: €507k
2019: €593k
2020: €607k
2021: €674k
2018 → 2022
EBIT margin
11.1%▲ 3.6pp
2021 · 7.4%
2018: 10.7%
2019: 14.4%
2020: 15.1%
2021: 7.4%
2018 → 2022
Net result
€19k▼ 95.7%
2023 · €434k
2018: €29k
2019: €47k
2020: €66k
2021: €23k
2022: €60k
2023: €434k
2018 → 2024
Working capital
€745k▼ 1.2%
2023 · €754k
2018: €85k
2019: €135k
2020: €280k
2021: €289k
2022: €326k
2023: €754k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€607k-€674k▲ 11.0%€697k▲ 3.3%
Equity€428k-€452k▲ 5.5%€512k▲ 13.4%€979k▲ 91.1%€998k▲ 1.9%
Operating result€91k-€50k▼ 45.2%€77k▲ 54.0%€575k▲ 645%€20k▼ 96.5%
Net result€66k-€23k▼ 64.4%€60k▲ 158%€434k▲ 619%€19k▼ 95.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 96% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.12M
Fixed assets
€346k▲ 5.7%
Current assets
€774k▼ 15.2%
Equity and liabilities €1.12M
Equity
€998k▲ 1.9%
Debt
€123k▼ 53.0%
The debt ratio falls from 21.0% to 10.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€29k▼
2023 · €588k
Cash flow
€27k▼
2023 · €447k
Solvency
89.1%▲
2023 · 79.0%
Current ratio
26.06▲
2023 · 5.74
Quick ratio
26.06▲
2023 · 5.74
Debt / equity
0.12▼
2023 · 0.27
ROE
1.9%▼
2023 · 44.4%
ROA
1.7%▼
2023 · 35.0%
Interest coverage
3.21▼
2023 · 66.32
Debt
€123k▼
2023 · €261k
Debt ≤ 1 year
€30k▼
2023 · €159k
Debt > 1 year
€93k▼
2023 · €102k
Income taxes
€5k▼
2023 · €143k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.24M€1.12M▼
Fixed assets21/28€327k€346k▲
Tangible fixed assets22/27€327k€342k▲
Land and buildings22€327k€337k▲
Furniture and vehicles24-€5k
Financial fixed assets28-€4k
Current assets29/58€913k€774k▼
Amounts receivable after more than one year29€100k€100k=
Trade receivables290€100k€100k=
Amounts receivable within one year40/41€182k€128k▼
Trade receivables40€164k€120k▼
Other amounts receivable41€18k€8k▼
Cash at bank and in hand54/58€597k€503k▼
Deferred charges and accrued income490/1€34k€44k▲
Equity and liabilities
Total equity and liabilities10/49€1.24M€1.12M▼
Equity10/15€979k€998k▲
Contributions10/11€20k€20k=
Outside capital11€20k-
Other1109/19€20k-
Revaluation surpluses12€261k€261k=
Reserves13€211k€211k=
Tax-exempt reserves132€211k€211k=
Profit (loss) carried forward14€487k€506k▲
Amounts payable17/49€261k€123k▼
Amounts payable after more than one year17€102k€93k▼
Financial debts170/4€102k€93k▼
Amounts payable within one year42/48€159k€30k▼
Current portion of amounts payable after more than one year42€13k€9k▼
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Taxes, remuneration and social security45€17k€9k▼
Taxes450/3€17k€9k▼
Other amounts payable47/48€124k€8k▼
Income statement
Code20232024
Remuneration, social security and pensions62€357k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€8k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€5k€7k▲
Other operating charges640/8€6k€5k▼
Non-recurring operating charges66A€90-
Gross operating margin9900€956k€41k▼
Operating profit (loss)9901€575k€20k▼
Financial income75/76B€11k€12k▲
Recurring financial income75€11k€12k▲
Financial charges65/66B€9k€9k▲
Recurring financial charges65€9k€9k▲
Profit (loss) for the period before taxes9903€578k€23k▼
Income taxes67/77€143k€5k▼
Profit (loss) for the period9904€434k€19k▼
Transfer to tax-exempt reserves689€211k-
Profit (loss) for the period to be appropriated9905€224k€19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€487k€506k▲
Profit (loss) brought forward from the previous period14P€263k€487k▲
Transfer to equity691/2€0-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 17 days late
2024
31-12
Financial
Weakest financial yearnet €19k ▼95.7%
Net result drops to €19k, the lowest in the series.
31-12
Financial
Liquidity times 5current ratio 26.06
Current ratio from 5.74 to 26.06; short-term debt falls from €159k to €30k.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €434k ▲619%
Operating result €575k, net result €434k, both a record.
19-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 19 days late
2022
31-12
Financial
Equity above €500kEq €512k ▲13.4%
5 profitable years in a row build equity to €512k.
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 4.32
Current ratio from 2.15 to 4.32; short-term debt falls from €118k to €84k.
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
16-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 47 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Leopoldsburg · 1 establishment unit since 2002
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.
Koning Albert I-plein 253970 LeopoldsburgGround area
115 m²
Building footprint
109 m²
Volume, LiDAR
1,256 m³
Parcel 71034A0704/00A000, Flanders · tallest building 14.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
M & B Team
since 20022.227.972.115
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71034A0704/00A000 | Flanders | 115 m² | 1 · 109 m² | 14.6 m · 4 fl. |
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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 6 entries · 46,043 EUR awarded · 46,043 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 3 | 23,311 EUR | 23,311 EUR |
| 2022 | 3 | 22,732 EUR | 22,732 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Aanwervingsincentive voor langdurig werkzoekenden (AWI) - Stopgezet
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
Connectancy
BE 0731.993.078
Herk-de-Stad · Eq €998k
KANTOOR ROMBOUTS
BE 0474.516.872
Vilvoorde · Eq €994k
ACCOUNTANTSBUREEL MANACC
BE 0439.641.315
Geel · Eq €994k
Factum Fiscalis
BE 0668.680.881
Kapellen · Eq €1.00M
NAUSIKAA
BE 0444.872.088
Roeselare · Eq €991k
Of 12,175 companies in sector 69201 we hold annual accounts for 7,638. 4,446 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-10-1997
Fiscal year end31-12
Activities, NACEBEL
69201Certified accountants and tax accountants
69202Legal and accounting activities
74121
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.