Equity
€9,433 from €50,766 in 2023
Equity fell by 81% in 2 years.
MABO
Lifetime
6 annual accounts with figures on one time axispeak €66,583 (2022)
€36,214▲ 15.4%
lowest -€25,454 (2024)
-€15,878▲ €9,576
peak €50,766 (2023)
€9,433▼ 62.7%
€560,206▼ 4.0%
Board2 names since 2019
1 director
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Gross margin from €31,378 to €36,214Loss of €15,878Equity from €25,312 to €9,433
Key points
from the 2025 annual accountsLosses
-€41,333 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Turnover
≈ €59,000 estimated
The micro format states no turnover.
Debts
€560,206 98% of the balance sheet
Financial debts 70%Suppliers 6%Taxes and wages 1%Other 24%
Of this, €178,379 falls due within a year.
Filings
6 annual accounts 61 days
Latest accounts filed late: after the legal deadline.
Position in the sector
-€15,878
Lower net result than 80% of companies in real estate. Sector median €5,859 · 19,800 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 820 companies had the same profile as MABO has now. Each dot stands for 3 companies, two years later.
94.6%
were still trading
3.2%
stopped another way
2.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 820 companies, not a prediction for MABO. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director
- 150 sharesdeed of 04-07-2019
- 150 sharesdeed of 04-07-2019
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0729690715
Incorporation
Founding capital of €30,000, 300 shares · Founders: and · Appointments: (director) and (director) · published on 04-07-2019 · Gazette deed
First establishment
Hagelandkaai 40, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MABO Ghent | €569,639 | €36,214 | 1.7% | - |
| J-Force Merelbeke-Melle | €600,787 | €43,688 | 21.4% | - |
| HC&IB factory Antwerp | €611,361 | €36,631 | 4.1% | - |
| VAARTCO Leuven | €635,418 | €39,242 | 3.4% | - |
| Bocholt Horse Service Hamont-Achel | €654,096 | €42,789 | 1.4% | - |
| MKJ CONSTRUCT Malle | €573,618 | €45,017 | 7.8% | 0 |
| Unit 86 Antwerp | €635,917 | €46,665 | 10.3% | - |
These companies have the same main activity as MABO: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €574,000 and €654,000, founded between 2018 and 2020.
Official details
Source: KBO- Status
- Active since 02-07-2019Normal situation
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203and 2 others
- Establishment unit
- 2.292.356.5579000 Ghent, since 02-07-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 03-02-2024
Insights on MABO
MABO files the micro format. That format states no turnover. The gross margin rose from €14,447 in 2020 to €36,214 in 2025.
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 MABO
- What is the company number of MABO?
- The company number of MABO is 0729.690.715. The VAT number is the same number with BE in front: BE 0729.690.715.
- Where is MABO based?
- The registered office is at Hagelandkaai 40, 9000 Ghent.Company details
- What does MABO do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of MABO?
- MABO is a private limited company (BV).
- When was MABO founded?
- MABO was founded on 02-07-2019.
- Is MABO still active?
- Yes, MABO is an active enterprise in the KBO register.
- What is the turnover of MABO?
- The turnover in financial year 2025 is ≈ €59,000. This figure is estimated from the gross margin of €36,214 and 51 comparable companies (NACE 682). It probably lies between €44,000 and €86,000.Financials
- Is MABO profitable?
- In financial year 2025, MABO made a loss of €15,878.
- Where can I find the annual accounts of MABO?
- MABO filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MABO due?
- MABO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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