MABELJO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €235k and a net result of €6k. Equity is growing by ~14.4% per year across the filed fiscal years. Its solvency ranks better than 35% of 8024 sector peers (fiscal year 2025). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 17-10-2025, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
6 d early
2023
6 d late
2022
4 d late
2021
23 d late
2020
4 d late
2019
55 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close23-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€235k▲ 2.7%
2024 · €229k
2019: €108k
2020: €123k
2021: €135k
2022: €145k
2023: €246k
2024: €229k
2019 → 2025
Net result
€6k
2024 · €-17k
2019: €22k
2020: €16k
2021: €11k
2022: €11k
2023: €101k
2024: €-17k
2019 → 2025
Total assets
€719k▲ 57.1%
2024 · €458k
2019: €546k
2020: €828k
2021: €535k
2022: €521k
2023: €471k
2024: €458k
2019 → 2025
Solvency
32.7%▼ 17.3pp
2024 · 50.0%
2019: 19.7%
2020: 14.9%
2021: 25.2%
2022: 27.9%
2023: 52.3%
2024: 50.0%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€135k-€145k▲ 7.9%€246k▲ 69.5%€229k▼ 7.0%€235k▲ 2.7%
Operating result€19k-€18k▼ 7.0%€111k▲ 524%€16k▼ 85.3%€14k▼ 14.1%
Net result€11k-€11k▼ 4.6%€101k▲ 844%€-17k€6k
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 two years in a row; 2025 is 14% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €719k
Fixed assets
€357k▼ 3.5%
Current assets
€362k▲ 312%
Equity and liabilities €719k
Equity
€235k▲ 2.7%
Debt
€484k▲ 112%
The debt ratio rises from 50.0% to 67.3%. Equity and debt are higher.
Key figures and ratios
Solvency
32.7%▼
2024 · 50.0%
ROE
2.7%▲
2024 · -7.5%
ROA
0.9%▲
2024 · -3.8%
Debt
€484k▲
2024 · €229k
Debt ≤ 1 year
€403k▲
2024 · €127k
Debt > 1 year
€80k▼
2024 · €101k
Income taxes
€3k▼
2024 · €29k
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€458k€719k▲
Fixed assets21/28€370k€357k▼
Tangible fixed assets22/27€369k€357k▼
Land and buildings22€369k€357k▼
Financial fixed assets28€500€500=
Current assets29/58€88k€362k▲
Stocks and contracts in progress3€29k€306k▲
Stocks30/36€29k€306k▲
Amounts receivable within one year40/41€58k€55k▼
Trade receivables40€50k€50k▲
Other amounts receivable41€8k€5k▼
Cash at bank and in hand54/58-€71
Deferred charges and accrued income490/1€381-
Equity and liabilities
Total equity and liabilities10/49€458k€719k▲
Equity10/15€229k€235k▲
Contributions10/11€19k€19k=
Reserves13€228k€228k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€226k€226k=
Profit (loss) carried forward14€-17k€-11k▲
Amounts payable17/49€229k€484k▲
Amounts payable after more than one year17€101k€80k▼
Financial debts170/4€101k€80k▼
Amounts payable within one year42/48€127k€403k▲
Current portion of amounts payable after more than one year42€20k€21k▲
Financial debts43€6k€250k▲
Credit institutions430/8€6k-
Other loans439-€250k
Trade debts44€64k€3k▼
Suppliers440/4€64k€3k▼
Other amounts payable47/48€38k€130k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k=
Other operating charges640/8€494€503▲
Non-recurring operating charges66A-€5k
Gross operating margin9900€29k€32k▲
Operating profit (loss)9901€16k€14k▼
Financial charges65/66B€5k€5k▼
Recurring financial charges65€5k€5k▼
Profit (loss) for the period before taxes9903€11k€9k▼
Income taxes67/77€29k€3k▼
Profit (loss) for the period9904€-17k€6k▲
Profit (loss) for the period to be appropriated9905€-17k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-17k€-11k▲
Profit (loss) brought forward from the previous period14P-€-17k
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
2025
17-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
2024
25-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Weakest financial yearnet €-17k ▼117%
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
2023
06-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
31-03
Financial
Highest result since 2019net €101k ▲844%
Operating result €111k, net result €101k, both a record.
31-03
Financial
Equity above €200kEq €246k ▲69.5%
5 profitable years in a row build equity to €246k.
2022
04-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 4 days late
2021
23-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 23 days late
2020
04-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 4 days late
2019
06-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
18-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
09-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
17-01-2024
Resigned as Manager
Location & real-estate footprint
Registered office, Oudenaarde · 1 establishment unit since 2006
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.
Graaf van Landaststraat 479700 OudenaardeGround area
3,399 m²
Building footprint
1,011 m²
Volume, LiDAR
6,958 m³
Parcel 45502A0625/00Z002, Flanders · tallest building 12.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MABELJO
since 20062.158.848.727
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45502A0625/00Z002 | Flanders | 3,399 m² | 1 · 1,011 m² | 12.9 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 24,728 companies in sector 64210 we hold annual accounts for 19,764. 13,606 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-12-2006
Fiscal year end31-03
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
74151
68110Buying and selling of own real estate
70120
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.