Debts
€183,186 90% of the balance sheet
Financial debts 41%Suppliers 19%Taxes and wages 3%Other 38%
Of this, €133,590 falls due within a year.
MABIBO
Lifetime
19 annual accounts with figures on one time axis, 26 filings since 2000peak €280,067 (2013)
€112,817▼ 3.9%
lowest -€24,613 (2012)
-€15,131▼ €15,801
peak €35,157 (2024)
€20,026▼ 43.0%
€183,186▼ 8.6%
peak 5.8 FTE (2013)
-not published
Board2 names since 2021
1 directorMetdepenningen Kris
Documentsfilings and deeds
17-09-202648 days late
2025abbreviated format
Loss of €15,131Equity from €35,157 to €20,026
Key points
from the 2025 annual accountsChecked score
50
Fair
Financially stronger than 16% of micro companies in construction of buildings (NACE 41)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,460 companies (NACE 41, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.7%
01-2025: 1.7%● unchanged vs 12-2024
02-2025: 0.8%▼ -0.9 percentage points vs 01-2025lowest value
03-2025: 0.8%● unchanged vs 02-2025lowest value
04-2025: 0.9%▲ +0.1 percentage points vs 03-2025
05-2025: 0.9%● unchanged vs 04-2025
06-2025: 0.8%▼ -0.1 percentage points vs 05-2025
07-2025: 1.1%▲ +0.3 percentage points vs 06-2025
08-2025: 1.7%▲ +0.6 percentage points vs 07-2025
09-2025: 2.1%▲ +0.4 percentage points vs 08-2025
10-2025: 1.0%▼ -1.1 percentage points vs 09-2025
11-2025: 1.0%● unchanged vs 10-2025
12-2025: 1.0%● unchanged vs 11-2025
01-2026: 0.9%▼ -0.1 percentage points vs 12-2025
02-2026: 0.9%● unchanged vs 01-2026
03-2026: 0.9%● unchanged vs 02-2026
04-2026: 1.0%▲ +0.1 percentage points vs 03-2026
05-2026: 0.9%▼ -0.1 percentage points vs 04-2026
06-2026: 0.9%● unchanged vs 05-2026
07-2026: 1.0%▲ +0.1 percentage points vs 06-2026
08-2026: 1.7%▲ +0.7 percentage points vs 07-2026
09-2026: 2.1%▲ +0.4 percentage points vs 08-2026
10-2026: 2.7%▲ +0.6 percentage points vs 09-2026highest value
11-2026: 2.7%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
Last filed accounts filed 48 days late; 1 of the last 3 accounts late
Liquidity: current ratio 0.43, cash €1,367
lowers risk
Founded in 1999
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 18% of them on solvency, 13% on liquidity, 19% on profitability and 12% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 974 companies had the same profile as MABIBO has now. Each dot stands for 3 companies, two years later.
92.9%
were still trading
4.4%
stopped another way
2.3%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MABIBO itself: 2.7% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 974 companies, not a prediction for MABIBO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.43 (0.49 in 2024), below 1. Short-term debt is 65.7% and cash 0.7% of total assets. 90.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 2818 sector peers (2025).
NBB · sector comparisonPosition among 2818 sector peers
Solvency
better than 18%
← weakest
strongest →
raises risk · 2025 accounts filed 48 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-09-2026, 48 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
48 days late
2024
30 days late
2023
on the day
2022
30 days late
2021
26 days late
2020
30 days late
2019
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 28 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0466937313
Registered office moved to Zele
New registered office: Kapellestraat 15, 9240 Zele · Resignation: Metdepenningen Chris (director) · Reappointment: Metdepenningen Chris (director) · General meeting of 10-01-2023 · Gazette deed
First establishment
Kapellestraat 15, Zele
Incorporation
published on 08-10-1999 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MABIBO Zele | €203,211 | €112,817 | 9.9% | - |
| Project ickX Aalst | €212,582 | €118,419 | -13.0% | - |
| LOVAPO Deinze | €197,898 | €93,721 | 75.5% | - |
| GASPAR CONSTRUCTIONS, ARTICLES ET MONUMENTS FUNERAIRES Lierneux | €190,939 | €107,244 | 2.7% | - |
| ANCIENS ETABLISSEMENTS DE LOOK Blegny | €201,905 | €114,430 | 91.4% | - |
| A. Himschoot algemene werken De Haan | €201,176 | €98,755 | 48.6% | - |
| Transport Pattyn - Mostrey Hooglede | €212,226 | €98,655 | 43.2% | - |
These companies have the same main activity as MABIBO: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €191,000 and €213,000, founded between 1997 and 2003.
Official details
Source: KBO- Status
- Active since 29-09-1999Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 1 other
- Joint committee
- 124Construction · annual accounts 2025
- Establishment unit
- 2.131.660.1229240 Zele, since 10-01-2000
- Financial year end
- 31 December
- Peppol
- Reachable since 01-04-2025
Annual accounts 2025
- ≈ €400,000estimated
- €203,211▼ 13.7%
- Employeeson 31-12-2025
- 2▲ 100%
- Filing
- Filed on 17-09-2026
Insights on MABIBO
MABIBO files the abbreviated format. That format states no turnover. The gross margin rose from €105,981 in 2007 to €112,817 in 2025.
The balance sheet grew most from 2023 to 2024 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MABIBO
- What is the company number of MABIBO?
- The company number of MABIBO is 0466.937.313. The VAT number is the same number with BE in front: BE 0466.937.313.
- Where is MABIBO based?
- The registered office is at Kapellestraat 15, 9240 Zele.Company details
- What does MABIBO do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of MABIBO?
- MABIBO is a private limited company (BV).
- When was MABIBO founded?
- MABIBO was founded on 29-09-1999.
- Is MABIBO still active?
- Yes, MABIBO is an active enterprise in the KBO register.
- How many employees does MABIBO have?
- MABIBO had an average of 1.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does MABIBO fall under?
- In its 2025 annual accounts, MABIBO states joint committee 124 (Construction).
- What is the turnover of MABIBO?
- The turnover in financial year 2025 is ≈ €400,000. This figure is estimated from the gross margin of €112,817 and 126 comparable companies (NACE 41001). It probably lies between €270,000 and €620,000.
- Is MABIBO profitable?
- In financial year 2025, MABIBO made a loss of €15,131.
- Where can I find the annual accounts of MABIBO?
- MABIBO filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MABIBO due?
- MABIBO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies
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