M.B.V.B.
ActiveM.B.V.B. has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.05M and a net result of €37k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 59% of 709 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability55▼-3
Solvency78▼-1
Growth73▼-3
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity short (current ratio 0.46 against 0.41 in 2024; short-term debt: 46.6% and cash: 10.6% of total assets), and 46.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
53.4%
Return on assets
0.5%
Age of the figures
9 mo
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
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 27-05-2026, 65 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
65 d early
2024
64 d early
2023
58 d early
2022
69 d early
2021
67 d early
2020
59 d early
2019
58 d early
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€479k▼ 3.6%
2024 · €497k
2018: €253k
2019: €238k
2020: €321k
2021: €349k
2022: €377k
2023: €435k
2024: €497k
2018 → 2025
EBIT margin
26.2%▼ 13.5pp
2024 · 39.8%
2018: 25.5%
2019: 21.1%
2020: 32.0%
2021: 19.1%
2022: 21.6%
2023: 31.4%
2024: 39.8%
2018 → 2025
Net result
€37k▲ 342%
2024 · €8k
2018: €-21k
2019: €-21k
2020: €-22k
2021: €-32k
2022: €-26k
2023: €33k
2024: €8k
2018 → 2025
Working capital
€-1.89M▲ 4.4%
2024 · €-1.98M
2018: €-218k
2019: €-1.44M
2020: €-1.28M
2021: €-1.19M
2022: €-2.12M
2023: €-1.89M
2024: €-1.98M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€349k-€377k▲ 8.0%€435k▲ 15.3%€497k▲ 14.2%€479k▼ 3.6%
Equity€4.00M-€3.97M▼ 0.7%€4.00M▲ 0.8%€4.01M▲ 0.2%€4.05M▲ 0.9%
Operating result€67k-€81k▲ 21.8%€136k▲ 67.7%€198k▲ 44.9%€126k▼ 36.4%
Net result€-32k-€-26k▲ 18.7%€33k€8k▼ 74.6%€37k▲ 342%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 36% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.58M
Fixed assets
€5.94M▼ 1.0%
Current assets
€1.64M▲ 17.6%
Equity and liabilities €7.58M
Equity
€4.05M▲ 0.9%
Debt
€3.53M▲ 4.4%
The debt ratio rises from 45.7% to 46.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€378k▼
2024 · €438k
Cash flow
€289k▲
2024 · €249k
Solvency
53.4%▼
2024 · 54.3%
Current ratio
0.46▲
2024 · 0.41
Quick ratio
0.46▲
2024 · 0.41
Debt / equity
0.87▲
2024 · 0.84
ROE
0.9%▲
2024 · 0.2%
ROA
0.5%▲
2024 · 0.1%
Interest coverage
1.59▼
2024 · 2.18
Debt
€3.53M▲
2024 · €3.38M
Debt ≤ 1 year
€3.53M▲
2024 · €3.37M
Income taxes
€17k▲
2024 · €5k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€7.39M€7.58M▲
Fixed assets21/28€6.00M€5.94M▼
Intangible fixed assets21€314k€286k▼
Tangible fixed assets22/27€4.97M€4.94M▼
Land and buildings22€4.63M€4.45M▼
Furniture and vehicles24€45k€34k▼
Other tangible fixed assets26€3k€15k▲
Assets under construction and advance payments27€298k€444k▲
Financial fixed assets28€710k€710k=
Current assets29/58€1.40M€1.64M▲
Amounts receivable within one year40/41€713k€835k▲
Trade receivables40€68k€91k▲
Other amounts receivable41€645k€744k▲
Cash at bank and in hand54/58€682k€806k▲
Equity and liabilities
Total equity and liabilities10/49€7.39M€7.58M▲
Equity10/15€4.01M€4.05M▲
Contributions10/11€3.77M€3.77M=
Capital10€3.77M-
Issued capital100€3.77M-
Reserves13€244k€281k▲
Non-distributable reserves130/1€53k-
Legal reserve130€53k-
Distributable reserves133€191k€281k▲
Amounts payable17/49€3.38M€3.53M▲
Amounts payable after more than one year17€9k-
Other amounts payable178/9€9k-
Amounts payable within one year42/48€3.37M€3.53M▲
Trade debts44-€139
Suppliers440/4-€139
Taxes, remuneration and social security45-€10k
Taxes450/3-€10k
Other amounts payable47/48€3.37M€3.52M▲
Income statement
Code20242025
Turnover70€497k€479k▼
Non-recurring operating income76A€1k-
Goods, raw materials, services and sundry goods60/61€57k€93k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€241k€252k▲
Other operating charges640/8€2k€8k▲
Gross operating margin9900€441k€386k▼
Operating profit (loss)9901€198k€126k▼
Financial income75/76B€17k€166k▲
Recurring financial income75€17k€41k▲
Non-recurring financial income76B-€126k
Financial charges65/66B€201k€238k▲
Recurring financial charges65€201k€238k▲
Profit (loss) for the period before taxes9903€13k€54k▲
Income taxes67/77€5k€17k▲
Profit (loss) for the period9904€8k€37k▲
Profit (loss) for the period to be appropriated9905€8k€37k▲
Appropriation of the result
Profit (loss) to be appropriated9906€8k€37k▲
Transfer to equity691/2€8k€37k▲
To the legal reserve6920€750-
To other reserves6921€8k€37k▲
The notes to these accounts (12 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 2026, expected by
2026
27-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €37k ▲342%
Net result €37k, the highest in the series.
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €33k
Net result €33k after 5 loss-making years.
23-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
25-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet €-32k
Net result drops to €-32k, the lowest in the series; recovery starts the following year.
02-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
03-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
30-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2021
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
22-06-2021
Resigned as Director
Location & real-estate footprint
Registered office, Oudergem · 1 establishment unit since 2006
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.
Alexis Willemstraat 301160 OudergemGround area
1,203 m²
Building footprint
552 m²
Volume, LiDAR
6,521 m³
2 parcels, Brussels · tallest building 18.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
M.B.V.B.
since 20062.151.732.291
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21332E0033/00P076 | Brussels | 621 m² | 1 · 155 m² | 18.1 m · 2 fl. |
| 21017D0223/00N002 | Brussels | 582 m² | 1 · 397 m² | 17.1 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.
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Of 13,422 companies in sector 73300 we hold annual accounts for 6,901. 1,097 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-12-2005
Fiscal year end31-12
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
74141
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.