M.P.R.
ActiveM.P.R. has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €115k and a net result of €-29k. Equity is growing by ~22.3% per year across the filed fiscal years. Its solvency ranks better than 92% of 18939 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
61
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-77
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 3.09 against 3.87 in 2023; short-term debt: 17% and cash: 43.2% of total assets), and 17% 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 risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
83%
Return on assets
-21%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-06-2025, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
32 d early
2023
9 d early
2022
62 d early
2021
97 d early
2020
18 d early
2019
2 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€115k▼ 20.2%
2023 · €144k
2018: €23k
2019: €12k
2020: €25k
2021: €100k
2022: €133k
2023: €144k
2018 → 2024
Total assets
€138k▼ 18.1%
2023 · €169k
2018: €81k
2019: €191k
2020: €148k
2021: €180k
2022: €165k
2023: €169k
2018 → 2024
Net result
€-29k
2023 · €11k
2018: €-12k
2019: €-11k
2020: €13k
2021: €75k
2022: €33k
2023: €11k
2018 → 2024
Working capital
€49k▼ 31.5%
2023 · €72k
2018: €-43k
2019: €-94k
2020: €-80k
2021: €5k
2022: €49k
2023: €72k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€25k-€100k▲ 295%€133k▲ 32.6%€144k▲ 8.2%€115k▼ 20.2%
Operating result€14k-€81k▲ 493%€45k▼ 45.0%€16k▼ 64.1%€-27k
Net result€13k-€75k▲ 456%€33k▼ 56.3%€11k▼ 66.8%€-29k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €27k after €16k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €138k
Fixed assets
€66k▼ 8.9%
Current assets
€73k▼ 25.0%
Equity and liabilities €138k
Equity
€115k▼ 20.2%
Debt
€23k▼ 6.1%
The debt ratio rises from 14.8% to 17.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-15k▼
2023 · €29k
Cash flow
€-16k▼
2023 · €24k
Solvency
83.0%▼
2023 · 85.2%
Current ratio
3.09▼
2023 · 3.87
Quick ratio
3.01▼
2023 · 3.76
Debt / equity
0.20▲
2023 · 0.17
ROE
-25.3%▼
2023 · 7.6%
ROA
-21.0%▼
2023 · 6.4%
Interest coverage
-9.31▼
2023 · 26.87
Debt
€23k▼
2023 · €25k
Debt ≤ 1 year
€23k▼
2023 · €25k
Staff costs
€51k▲
2023 · €46k
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€169k€138k▼
Fixed assets21/28€72k€66k▼
Intangible fixed assets21€5k€4k▼
Tangible fixed assets22/27€63k€58k▼
Land and buildings22€40k€37k▼
Plant, machinery and equipment23€23k€21k▼
Furniture and vehicles24€527-
Financial fixed assets28€4k€4k=
Current assets29/58€97k€73k▼
Stocks and contracts in progress3€3k€2k▼
Stocks30/36€3k€2k▼
Amounts receivable within one year40/41€918€7k▲
Trade receivables40€40€12▼
Other amounts receivable41€878€7k▲
Cash at bank and in hand54/58€86k€60k▼
Deferred charges and accrued income490/1€7k€4k▼
Equity and liabilities
Total equity and liabilities10/49€169k€138k▼
Equity10/15€144k€115k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€81k€81k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€75k€75k=
Profit (loss) carried forward14€881€-28k▼
Amounts payable17/49€25k€23k▼
Amounts payable within one year42/48€25k€23k▼
Trade debts44€5k€5k▼
Suppliers440/4€5k€5k▼
Taxes, remuneration and social security45€6k€9k▲
Taxes450/3€6k€3k▼
Remuneration and social security454/9€559€7k▲
Other amounts payable47/48€13k€9k▼
Income statement
Code20232024
Remuneration, social security and pensions62€46k€51k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€77k€39k▼
Operating profit (loss)9901€16k€-27k▼
Financial income75/76B€11€26▲
Recurring financial income75€11€26▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€15k€-29k▼
Income taxes67/77€4k-
Profit (loss) for the period9904€11k€-29k▼
Profit (loss) for the period to be appropriated9905€11k€-29k▼
Appropriation of the result
Profit (loss) to be appropriated9906€12k€-28k▼
Profit (loss) brought forward from the previous period14P€881€881=
Transfer to equity691/2€11k-
To other reserves6921€11k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-29k ▼367%
Net result drops to €-29k, the lowest in the series.
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 2.56
Current ratio from 1.07 to 2.56; short-term debt falls from €80k to €31k.
25-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €75k ▲456%
Operating result €81k, net result €75k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 1.07
Current ratio from 0.34 to 1.07; short-term debt falls from €122k to €80k.
31-12
Financial
Equity above €100kEq €100k ▲295%
2 profitable years in a row build equity to €100k.
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €13k
Net result €13k after 2 loss-making years.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
07-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated 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, Merchtem · 2 establishment units since 1980
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.
Terlinden 91785 MerchtemGround area
1,547 m²
Building footprint
390 m²
Volume, LiDAR
2,025 m³
2 parcels, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Terlinden 9, 1785 Merchtem
since 19802.017.170.131
Brasserie 't Schuurke
since 20062.152.209.868
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23052E0020/00L000 | Flanders | 974 m² | 1 · 185 m² | 7.4 m · 2 fl. |
| 23048E0121/00E002 | Flanders | 572 m² | 1 · 205 m² | 8.3 m · 2 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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BARE-SOMERS
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,455. 9,408 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-12-1979
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
10712Artisanal bread and fresh pastry making
15812
52720
71404
73110Advertising agencies
74401
77223Rental and leasing activities
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 45 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.