MABO
ActiveMABO has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €296k and a net result of €47k. Equity is growing by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 34% of 12627 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
78
/ 100
Excellent▼ -11 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▼-20
Solvency64▼-6
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity tight (current ratio 1.19 against 1.26 in 2024), and 61.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← 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
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
38.9%
Return on assets
6.2%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
61 d late
2023
30 d late
2022
60 d late
2021
25 d late
2020
10 d early
2019
11 d early
← 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€296k▼ 12.8%
2024 · €340k
2018: €136k
2019: €173k
2020: €225k
2021: €276k
2022: €268k
2023: €273k
2024: €340k
2018 → 2025
Total assets
€760k▼ 5.0%
2024 · €801k
2018: €318k
2019: €332k
2020: €386k
2021: €875k
2022: €850k
2023: €804k
2024: €801k
2018 → 2025
Net result
€47k▼ 30.5%
2024 · €68k
2018: €-8k
2019: €39k
2020: €53k
2021: €51k
2022: €-8k
2023: €7k
2024: €68k
2018 → 2025
Working capital
€37k▼ 22.5%
2024 · €48k
2018: €114k
2019: €152k
2020: €198k
2021: €139k
2022: €85k
2023: €-9k
2024: €48k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€276k-€268k▼ 3.0%€273k▲ 2.2%€340k▲ 24.2%€296k▼ 12.8%
Operating result€134k-€83k▼ 38.3%€133k▲ 61.1%€106k▼ 20.2%€75k▼ 29.4%
Net result€51k-€-8k€7k€68k▲ 811%€47k▼ 30.5%
Turnover and EBIT margin not published: the 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 29% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €760k
Fixed assets
€527k▼ 7.0%
Current assets
€234k▼ 0.3%
Equity and liabilities €760k
Equity
€296k▼ 12.8%
Debt
€464k▲ 0.7%
The debt ratio rises from 57.6% to 61.1%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€140k▼
2024 · €170k
Cash flow
€112k▼
2024 · €131k
Solvency
38.9%▼
2024 · 42.4%
Current ratio
1.19▼
2024 · 1.26
Quick ratio
1.19▼
2024 · 1.26
Debt / equity
1.57▲
2024 · 1.36
ROE
16.0%▼
2024 · 20.0%
ROA
6.2%▼
2024 · 8.5%
Interest coverage
17.59▼
2024 · 20.73
Debt
€464k▲
2024 · €461k
Debt ≤ 1 year
€196k▲
2024 · €186k
Debt > 1 year
€265k▼
2024 · €275k
Income taxes
€24k▼
2024 · €34k
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€801k€760k▼
Fixed assets21/28€566k€527k▼
Tangible fixed assets22/27€566k€527k▼
Land and buildings22€360k€330k▼
Plant, machinery and equipment23€185k€182k▼
Furniture and vehicles24€21k€15k▼
Current assets29/58€234k€234k▼
Amounts receivable after more than one year29€155k€155k=
Other amounts receivable291€155k€155k=
Amounts receivable within one year40/41€33k€37k▲
Trade receivables40€3k€5k▲
Other amounts receivable41€30k€31k▲
Cash at bank and in hand54/58€37k€28k▼
Deferred charges and accrued income490/1€9k€14k▲
Equity and liabilities
Total equity and liabilities10/49€801k€760k▼
Equity10/15€340k€296k▼
Contributions10/11€35k€35k=
Reserves13€305k€261k▼
Tax-exempt reserves132€7k€7k=
Distributable reserves133€297k€254k▼
Amounts payable17/49€461k€464k▲
Amounts payable after more than one year17€275k€265k▼
Financial debts170/4€275k€265k▼
Amounts payable within one year42/48€186k€196k▲
Current portion of amounts payable after more than one year42€58k€56k▼
Financial debts43€174€228▲
Credit institutions430/8€174€228▲
Trade debts44€14k€18k▲
Suppliers440/4€14k€18k▲
Taxes, remuneration and social security45€74k€88k▲
Taxes450/3€74k€88k▲
Other amounts payable47/48€39k€34k▼
Accrued charges and deferred income492/3-€3k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€63k€65k▲
Other operating charges640/8€6k€4k▼
Gross operating margin9900€175k€144k▼
Operating profit (loss)9901€106k€75k▼
Financial income75/76B€4k€4k▲
Recurring financial income75€4k€4k▲
Financial charges65/66B€8k€8k▼
Recurring financial charges65€8k€8k▼
Profit (loss) for the period before taxes9903€102k€71k▼
Income taxes67/77€34k€24k▼
Profit (loss) for the period9904€68k€47k▼
Profit (loss) for the period to be appropriated9905€68k€47k▼
Appropriation of the result
Profit (loss) to be appropriated9906€68k€47k▼
Transfer from equity791/2-€89k
Transfer to equity691/2€66k€45k▼
To other reserves6921€66k€45k▼
Profit to be distributed694/7€2k€91k▲
Return on contributions (dividend)694€2k€91k▲
The notes to these accounts (11 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Highest result since 2018net €68k ▲811%
Net result €68k, the highest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Weakest financial yearnet €-8k ▼116%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
21-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €200kEq €225k ▲29.7%
2 profitable years in a row build equity to €225k.
20-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €39k
Net result €39k after one loss-making year.
31-12
Financial
Equity above €150kEq €173k ▲27.7%
Equity rises from €136k to €173k.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 66 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Hasselt · 1 establishment unit since 2002
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.
Luikersteenweg 583500 HasseltGround area
476 m²
Building footprint
199 m²
Volume, LiDAR
1,565 m³
Parcel 71328D0237/00Y000, Flanders · tallest building 13.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Advocatenkantoor BOUTS
since 20022.186.450.868
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71328D0237/00Y000 | Flanders | 476 m² | 1 · 199 m² | 13.9 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.
Recognitions · licences · registrations
Legal Entity Identifier
549300I6B4PH08KNPE06
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Of 22,018 companies in sector 69101 we hold annual accounts for 9,028. 6,738 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-10-2002
Fiscal year end31-12
Activities, NACEBEL
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.