Skip to content

M N CO

Active
Private limited companyfounded 20187 yrs activeRue des Sources, Godinne 1B, 5530 Yvoir, BelgiumKBO/BCE: BE 0715.697.870

M N CO has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €256k and a net result of €32k. Equity is growing by ~18.5% per year across the filed fiscal years. Its solvency ranks better than 86% of 31642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
89 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+38
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 8.39 against 27.95 in 2024; short-term debt: 10.9% and cash: 31.2% of total assets), and 11.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 7 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
88.4%
Return on assets
11%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 05-06-2026, 56 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
56 d early
2024
41 d early
2023
96 d early
2022
35 d early
2021
51 d late
2020
86 d late
2019
21 d late
← 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 months
Position in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€256k▲ 8.1%
2024 · €237k
2019: €79k 2020: €103k 2021: €165k 2022: €129k 2023: €230k 2024: €237k
2019 → 2025
Total assets
€290k▲ 18.2%
2024 · €245k
2019: €208k 2020: €183k 2021: €238k 2022: €208k 2023: €283k 2024: €245k
2019 → 2025
Net result
€32k▲ 323%
2024 · €8k
2019: €-13k 2020: €24k 2021: €62k 2022: €-37k 2023: €142k 2024: €8k
2019 → 2025
Working capital
€234k▲ 12.9%
2024 · €208k
2019: €-30k 2020: €4k 2021: €65k 2022: €112k 2023: €209k 2024: €208k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€165k-€129k▼ 22.2%€230k▲ 79.1%€237k▲ 2.9%€256k▲ 8.1%
Operating result€84k-€-37k€179k€14k▼ 92.0%€36k▲ 151%
Net result€62k-€-37k€142k€8k▼ 94.7%€32k▲ 323%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€0€100k€200kOperating result 2021: €84k€84kNet result 2021: €62k€62kOperating result 2022: €-37k€-37kNet result 2022: €-37k€-37kOperating result 2023: €179k€179kNet result 2023: €142k€142kOperating result 2024: €14k€14kNet result 2024: €8k€8kOperating result 2025: €36k€36kNet result 2025: €32k€32k20212022202320242025
The operating result recovers in 2025; 2025 is 151% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €290k
Fixed assets €24k▼ 20.6%
Current assets €266k▲ 23.6%
Equity and liabilities €290k
Equity €256k▲ 8.1%
Debt €34k▲ 312%
The debt ratio rises from 3.3% to 11.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€43k
2024 · €17k
Cash flow
€39k
2024 · €10k
Solvency
88.4%
2024 · 96.7%
Current ratio
8.39
2024 · 27.95
Quick ratio
8.39
2024 · 27.95
Debt / equity
0.13
2024 · 0.03
ROE
12.5%
2024 · 3.2%
ROA
11.0%
2024 · 3.1%
Interest coverage
504.44
Debt
€34k
2024 · €8k
Debt ≤ 1 year
€32k
2024 · €8k
Income taxes
€9k
2024 · €9k
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€245k€290k
Fixed assets21/28€30k€24k
Tangible fixed assets22/27€30k€24k
Furniture and vehicles24€30k€24k
Current assets29/58€215k€266k
Amounts receivable within one year40/41€32k€17k
Trade receivables40€8k€13k
Other amounts receivable41€24k€5k
Current investments50/53€150k€150k=
Cash at bank and in hand54/58€31k€90k
Deferred charges and accrued income490/1€3k€9k
Equity and liabilities
Total equity and liabilities10/49€245k€290k
Equity10/15€237k€256k
Contributions10/11€92k€92k=
Reserves13€145k€164k
Distributable reserves133€145k€164k
Profit (loss) carried forward14-€0
Amounts payable17/49€8k€34k
Amounts payable within one year42/48€8k€32k
Trade debts44-€547
Suppliers440/4-€547
Taxes, remuneration and social security45€5k€9k
Taxes450/3€5k€9k
Other amounts payable47/48€3k€22k
Accrued charges and deferred income492/3€474€2k
Income statement Code20242025
Non-recurring operating income76A-€202
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€7k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€2k€263
Other operating charges640/8€9k€574
Gross operating margin9900€27k€44k
Operating profit (loss)9901€14k€36k
Financial income75/76B€2k€5k
Recurring financial income75€2k€5k
Financial charges65/66B-€85
Recurring financial charges65-€85
Profit (loss) for the period before taxes9903€17k€41k
Income taxes67/77€9k€9k
Profit (loss) for the period9904€8k€32k
Profit (loss) for the period to be appropriated9905€8k€32k
Appropriation of the result
Profit (loss) to be appropriated9906€46k€32k
Profit (loss) brought forward from the previous period14P€38k€0
Transfer from equity791/2-€833
Transfer to equity691/2€45k€20k
To the legal reserve6920€45k€20k
Profit to be distributed694/7€833€13k
Return on contributions (dividend)694€833€833=
Directors or managers695-€12k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
05-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
20-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Liquidity times 6current ratio 27.95
Current ratio from 4.93 to 27.95; short-term debt falls from €53k to €8k.
26-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €142k
Net result €142k after one loss-making year.
31-12
Financial Liquidity doublescurrent ratio 4.93
Current ratio from 2.41 to 4.93; short-term debt falls from €79k to €53k.
31-12
Financial Equity above €200kEq €230k ▲79.1%
Equity rises from €129k to €230k.
26-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet €-37k ▼159%
Net result drops to €-37k, the lowest in the series; recovery starts the following year.
20-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 51 days late
2021
31-12
Financial Equity above €150kEq €165k ▲60.7%
2 profitable years in a row build equity to €165k.
25-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 86 days late
2020
31-12
Financial Back to profitnet €24k
Net result €24k after one loss-making year.
31-12
Financial Equity above €100kEq €103k ▲30.8%
Equity rises from €79k to €103k.
21-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Yvoir · 1 establishment unit since 2018
establishment The establishment unit on the map
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.

Rue des Sources, Godinne 1B5530 Yvoir
Ground area
2,048 m²
Building footprint
273 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
M N CO
Rue de Sierpont 29, 5340 GesvesSupport activities for crop production
since 20182.282.864.514
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92054B0369/00C000 Wallonia 1,244 m² 1 · 144 m² -
91262B0253/00W000 Wallonia 803 m² 1 · 130 m² -
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.

Similar companies · same sector, comparable size

Of 82,570 companies in sector 70200 we hold annual accounts for 52,573. 38,835 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded11-12-2018
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
46382Wholesale trade
46610Wholesale trade
82100Office administrative and support services
82190Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 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.