MABECO HOLDING
ActiveMABECO HOLDING has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.87M and a net result of €128k. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 71% of 3168 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
86
/ 100
Excellent▼ -14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability22▼-56
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €250k at 30 days acceptable
Liquidity ample (current ratio 5.25 against 4.56 in 2024), and 23.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
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
76.7%
Return on assets
3.4%
Age of the figures
8 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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
6 d early
2023
8 d early
2022
30 d late
2021
26 d late
2020
1 d early
2019
48 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 monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€128k▼ 69.9%
2024 · €426k
2018: €-27k
2019: €-2k
2020: €65k
2021: €-19k
2022: €-257
2023: €168k
2024: €426k
2018 → 2025
Working capital
€536k▲ 25.2%
2024 · €428k
2018: €120k
2019: €176k
2020: €413k
2021: €433k
2022: €288k
2023: €190k
2024: €428k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.15M-€2.15M=€2.31M▲ 7.8%€2.74M▲ 18.4%€2.87M▲ 4.7%
Operating result€117k-€151k▲ 29.4%€348k▲ 130%€625k▲ 79.5%€307k▼ 50.9%
Net result€-19k-€-257▲ 98.6%€168k€426k▲ 153%€128k▼ 69.9%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 51% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.74M
Fixed assets
€3.08M▼ 1.2%
Current assets
€662k▲ 20.8%
Equity and liabilities €3.74M
Equity
€2.87M▲ 4.7%
Provisions
€510k▼ 6.6%
Debt
€362k▼ 4.2%
The debt ratio falls from 10.3% to 9.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€344k▼
2024 · €662k
Cash flow
€166k▼
2024 · €463k
Solvency
76.7%▲
2024 · 74.8%
Current ratio
5.25▲
2024 · 4.56
Quick ratio
5.25▲
2024 · 4.56
Debt / equity
0.13▼
2024 · 0.14
ROE
4.5%▼
2024 · 15.5%
ROA
3.4%▼
2024 · 11.6%
Interest coverage
13.69▼
2024 · 19.06
Debt
€362k▼
2024 · €377k
Debt ≤ 1 year
€126k▲
2024 · €120k
Debt > 1 year
€184k▼
2024 · €257k
Income taxes
€29k▲
2024 · €12k
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€3.66M€3.74M▲
Fixed assets21/28€3.11M€3.08M▼
Tangible fixed assets22/27€1.17M€1.13M▼
Land and buildings22€1.17M€1.13M▼
Financial fixed assets28€1.95M€1.95M=
Current assets29/58€548k€662k▲
Amounts receivable within one year40/41€494k€337k▼
Trade receivables40€313k€140k▼
Other amounts receivable41€182k€197k▲
Current investments50/53-€70k
Cash at bank and in hand54/58€49k€249k▲
Deferred charges and accrued income490/1€5k€6k▲
Equity and liabilities
Total equity and liabilities10/49€3.66M€3.74M▲
Equity10/15€2.74M€2.87M▲
Contributions10/11€379k€379k=
Capital10€379k€379k=
Issued capital100€379k€379k=
Reserves13€38k€38k=
Non-distributable reserves130/1€38k€38k=
Legal reserve130€38k€38k=
Profit (loss) carried forward14€2.32M€2.45M▲
Provisions and deferred taxes16€546k€510k▼
Provisions for liabilities and charges160/5€546k€510k▼
Major repairs and maintenance162€546k-
Environmental obligations163-€510k
Amounts payable17/49€377k€362k▼
Amounts payable after more than one year17€257k€184k▼
Financial debts170/4€257k€184k▼
Amounts payable within one year42/48€120k€126k▲
Current portion of amounts payable after more than one year42€73k€73k=
Trade debts44€25k€4k▼
Suppliers440/4€25k€4k▼
Taxes, remuneration and social security45€21k€38k▲
Taxes450/3€21k€38k▲
Other amounts payable47/48-€11k
Accrued charges and deferred income492/3€408€52k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€38k=
Other operating charges640/8€16k€16k▲
Gross operating margin9900€678k€361k▼
Operating profit (loss)9901€625k€307k▼
Financial income75/76B€3k€42k▲
Recurring financial income75€3k€42k▲
Financial charges65/66B€190k€191k▲
Recurring financial charges65€35k€25k▼
Non-recurring financial charges66B€155k€166k▲
Profit (loss) for the period before taxes9903€438k€158k▼
Income taxes67/77€12k€29k▲
Profit (loss) for the period9904€426k€128k▼
Profit (loss) for the period to be appropriated9905€426k€128k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.32M€2.45M▲
Profit (loss) brought forward from the previous period14P€1.90M€2.32M▲
The notes to these accounts (10 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
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €426k ▲153%
Operating result €625k, net result €426k, both a record.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €168k
Net result €168k after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 26 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €65k
Net result €65k after 2 loss-making years.
31-12
Financial
Liquidity times 9current ratio 15.17
Current ratio from 1.63 to 15.17; short-term debt falls from €280k to €29k.
17-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 48 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Amel · 1 establishment unit since 2007
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.
Halenfeld,Am Allerberg 22/A4770 Amel1 establishment unit
-
since 20072.162.186.616
Recognitions · licences · registrations
Legal Entity Identifier
6488U8W4B62JC971YA02
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Of 5,668 companies in sector 70100 we hold annual accounts for 3,479. 1,408 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded17-01-2007
Fiscal year end31-12
Activities, NACEBEL
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filings
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.