M & L GROUP
ActiveSummary
M & L GROUP has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.58M and a net result of €101k. Equity is growing by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 76% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72=
Solvency90▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €220k at 30 days acceptable
Liquidity ample (current ratio 11.46 against 11.74 in 2024; short-term debt: 3% and cash: 33% of total assets), and 34.6% of the assets are financed with debt.
Credit check 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 68
Relative position
BE, all sectors
reference
Sector 68
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 2025Solvency, return and age of the figures
Solvency
65.4%
Return on assets
2.6%
Age of the figures
9 mo
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
22 d early
2023
57 d early
2022
52 d early
2021
47 d early
2020
43 d early
2019
59 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.58M▲ 4.1%
2024 · €2.48M
2018: €1.61M
2019: €1.74M
2020: €1.86M
2021: €2.02M
2022: €2.23M
2023: €2.37M
2024: €2.48M
2018 → 2025
Total assets
€3.95M▼ 0.9%
2024 · €3.98M
2018: €3.81M
2019: €4.00M
2020: €4.01M
2021: €4.00M
2022: €4.03M
2023: €4.02M
2024: €3.98M
2018 → 2025
Net result
€101k▼ 6.8%
2024 · €109k
2018: €-37k
2019: €122k
2020: €129k
2021: €157k
2022: €208k
2023: €142k
2024: €109k
2018 → 2025
Working capital
€1.26M▲ 1.3%
2024 · €1.24M
2018: €501k
2019: €782k
2020: €846k
2021: €946k
2022: €1.10M
2023: €1.19M
2024: €1.24M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.02M-€2.23M▲ 10.3%€2.37M▲ 6.4%€2.48M▲ 4.6%€2.58M▲ 4.1%
Operating result€294k-€334k▲ 13.6%€234k▼ 30.1%€168k▼ 28.3%€166k▼ 1.1%
Net result€157k-€208k▲ 32.0%€142k▼ 31.5%€109k▼ 23.7%€101k▼ 6.8%
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 has fallen three years in a row; 2025 is 1% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.95M
Fixed assets
€2.57M ▼ 2.1%
Current assets
€1.38M ▲ 1.6%
Equity and liabilities €3.95M
Equity
€2.58M ▲ 4.1%
Debt
€1.36M ▼ 9.0%
Debt's share of the balance-sheet total falls from 37.7% to 34.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€252k▼
2024 · €253k
Cash flow
€188k▼
2024 · €195k
Current ratio
11.46▼
2024 · 11.74
Debt to equity
0.53▼
2024 · 0.60
ROE
3.9%▼
2024 · 4.4%
ROA
2.6%▼
2024 · 2.7%
Interest coverage
7.30▲
2024 · 6.16
Debt ≤ 1 year
€120k▲
2024 · €115k
Debt > 1 year
€1.24M▼
2024 · €1.38M
Income taxes
€48k▼
2024 · €51k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.98M€3.95M▼
Fixed assets21/28€2.63M€2.57M▼
Tangible fixed assets22/27€2.63M€2.57M▼
Land and buildings22€2.63M€2.57M▼
Furniture and vehicles24€350€175▼
Current assets29/58€1.35M€1.38M▲
Amounts receivable within one year40/41€26k€8k▼
Trade receivables40€7k€7k=
Other amounts receivable41€19k€1k▼
Cash at bank and in hand54/58€1.29M€1.30M▲
Deferred charges and accrued income490/1€35k€63k▲
Equity and liabilities
Total equity and liabilities10/49€3.98M€3.95M▼
Equity10/15€2.48M€2.58M▲
Contributions10/11€322k€322k=
Capital10€322k€322k=
Issued capital100€322k€322k=
Reserves13€2.16M€2.26M▲
Non-distributable reserves130/1€32k€32k=
Legal reserve130€32k€32k=
Distributable reserves133€2.13M€2.23M▲
Amounts payable17/49€1.50M€1.36M▼
Amounts payable after more than one year17€1.38M€1.24M▼
Financial debts170/4€1.38M€1.24M▼
Amounts payable within one year42/48€115k€120k▲
Current portion of amounts payable after more than one year42€82k€82k=
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Taxes, remuneration and social security45€13k€17k▲
Taxes450/3€13k€17k▲
Other amounts payable47/48€19k€19k▲
Accrued charges and deferred income492/3€1k€1k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€86k€86k▲
Other operating charges640/8€62k€27k▼
Gross operating margin9900€316k€279k▼
Operating profit (loss)9901€168k€166k▼
Financial income75/76B€33k€18k▼
Recurring financial income75€33k€18k▼
Financial charges65/66B€41k€35k▼
Recurring financial charges65€41k€35k▼
Profit (loss) for the period before taxes9903€160k€150k▼
Income taxes67/77€51k€48k▼
Profit (loss) for the period9904€109k€101k▼
Profit (loss) for the period to be appropriated9905€109k€101k▼
Appropriation of the result
Profit (loss) to be appropriated9906€109k€101k▼
Transfer to equity691/2€109k€101k▼
To other reserves6921€109k€101k▼
The notes to these accounts (6 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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €208k ▲32%
Operating result €334k, net result €208k, both a record.
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €2MEq €2.02M ▲8.4%
3 profitable years in a row build equity to €2.02M.
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
02-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €122k
Net result €122k after one loss-making year.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
12-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Erpe-Mere · 1 establishment unit since 1996
Ground area
202 m²
Building footprint
202 m²
Volume, LiDAR
1,280 m³
Parcel 41016A0786/00D000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Gentsesteenweg 48, 9420 Erpe-Mere
since 19962.077.346.060
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41016A0786/00D000 | Flanders | 202 m² | 1 · 202 m² | 9.8 m · 2 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.
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Of 11,748 companies in sector 68310 we hold annual accounts for 6,905. 2,439 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-06-1996
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.