MABEL
ActiveSummary
MABEL has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €45k and a net result of €22k. Equity is growing by ~59.5% per year across the filed fiscal years. Its solvency ranks better than 12% of 37956 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
51
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability70▼-14
Solvency31=
Growth78=
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.56 against 0.09 in 2023; short-term debt: 43% and cash: 0.7% of total assets), and 94.1% of the assets are financed with debt.
Credit check 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 · 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 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
5.9%
Return on assets
2.9%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 37956 sector peers (2024).
NBB · sector comparisonPosition among 37956 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
30 d late
2023
35 d early
2022
49 d late
2021
29 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€45k▲ 95.2%
2023 · €23k
2021: €10k
2022: €39k
2023: €23k
2021 → 2024
Total assets
€776k▲ 105%
2023 · €378k
2021: €14k
2022: €93k
2023: €378k
2021 → 2024
Net result
€22k▼ 53.0%
2023 · €47k
2021: €5k
2022: €29k
2023: €47k
2021 → 2024
Working capital
€-148k▼ 41.3%
2023 · €-105k
2021: €10k
2022: €20k
2023: €-105k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€10k-€39k▲ 294%€23k▼ 40.5%€45k▲ 95.2%
Operating result€7k-€42k▲ 542%€64k▲ 51.1%€50k▼ 21.0%
Net result€5k-€29k▲ 493%€47k▲ 61.5%€22k▼ 53.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 21% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €776k
Fixed assets
€591k ▲ 61.1%
Current assets
€185k ▲ 1,580%
Equity and liabilities €776k
Equity
€45k ▲ 95.2%
Debt
€731k ▲ 106%
Debt's share of the balance-sheet total rises from 93.8% to 94.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€102k▲
2023 · €70k
Cash flow
€74k▲
2023 · €53k
Current ratio
0.56▲
2023 · 0.09
Quick ratio
0.05▼
2023 · 0.09
Debt to equity
16.09▲
2023 · 15.24
ROE
48.8%▼
2023 · 202.7%
ROA
2.9%▼
2023 · 12.5%
Interest coverage
5.77▼
2023 · 23.39
Debt ≤ 1 year
€334k▲
2023 · €116k
Debt > 1 year
€397k▲
2023 · €238k
Income taxes
€11k▼
2023 · €14k
Staff costs
€3k
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 · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€378k€776k▲
Fixed assets21/28€367k€591k▲
Tangible fixed assets22/27€366k€540k▲
Land and buildings22€362k€536k▲
Other tangible fixed assets26€4k€4k▼
Financial fixed assets28€420€51k▲
Current assets29/58€11k€185k▲
Stocks and contracts in progress3-€168k
Stocks30/36-€168k
Amounts receivable within one year40/41-€12k
Trade receivables40-€12k
Cash at bank and in hand54/58€11k€5k▼
Equity and liabilities
Total equity and liabilities10/49€378k€776k▲
Equity10/15€23k€45k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€18k€40k▲
Amounts payable17/49€354k€731k▲
Amounts payable after more than one year17€238k€397k▲
Financial debts170/4€238k€397k▲
Amounts payable within one year42/48€116k€334k▲
Financial debts43€10k€156k▲
Credit institutions430/8€10k€156k▲
Trade debts44-€42
Suppliers440/4-€42
Taxes, remuneration and social security45€31k€18k▼
Taxes450/3€31k€18k▼
Remuneration and social security454/9-€800
Other amounts payable47/48€75k€159k▲
Income statement
Code20232024
Remuneration, social security and pensions62-€3k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€52k▲
Other operating charges640/8€1k€3k▲
Gross operating margin9900€71k€108k▲
Operating profit (loss)9901€64k€50k▼
Financial income75/76B€6€1▼
Recurring financial income75€6€1▼
Financial charges65/66B€3k€18k▲
Recurring financial charges65€3k€18k▲
Profit (loss) for the period before taxes9903€61k€33k▼
Income taxes67/77€14k€11k▼
Profit (loss) for the period9904€47k€22k▼
Profit (loss) for the period to be appropriated9905€47k€22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€81k€40k▼
Profit (loss) brought forward from the previous period14P€34k€18k▼
Profit to be distributed694/7€63k-
Return on contributions (dividend)694€63k-
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
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €47k ▲61.5%
Operating result €64k, net result €47k, both a record.
18-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 49 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 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, Elsene · 1 establishment unit since 2021
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.
Emile Banningstraat 781050 ElseneGround area
173 m²
Building footprint
77 m²
Volume, LiDAR
875 m³
Parcel 21445C0253/00Y008, Brussels · tallest building 16.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
MABEL
since 20212.325.264.402
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21445C0253/00Y008 | Brussels | 173 m² | 1 · 77 m² | 16.8 m · 5 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.
Similar companies · same sector, comparable size
STEC Consulting
BE 1003.395.516
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BUSINESS REBOUND
BE 0790.619.185
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e-MANABILITY
BE 0861.542.023
Sombreffe · Eq €45,404
MYTA
BE 1016.863.470
Elsene · Eq €45,420
JEALEX
BE 0659.803.896
Esneux · Eq €45,398
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 37,561 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 formPrivate limited company
Founded19-11-2021
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
68310Real estate agency activities
68321Property management for co-owned buildings (syndics)
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.