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Mabrilux

Active
Private limited companyfounded 197947 yrs activeRoute de Dolhain(BLN) 2, 4837 Baelen, BelgiumKBO/BCE: BE 0419.393.356

Mabrilux has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-73k) and a net result of €-32k. Equity is shrinking by ~68.5% per year across the filed fiscal years. Its solvency ranks better than 10% of 4123 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
35 / 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability20▲+7
Solvency20▼-3
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.92 against 0.94 in 2024; short-term debt: 104.3% and cash: 3.4% of total assets), and equity is negative.
Credit advice for your own amount and term

Signals

Nine signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 47 years 0 50 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
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 2025
Solvency, return and age of the figures
Solvency
-4.5%
Return on assets
-2%
Age of the figures
14 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €-73k
neutral · Latest accounts filed on time
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 25-02-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 d early
2024
on the day
2023
1 d late
2022
15 d early
2021
4 d early
2020
1 d late
2019
11 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-07-2026 and is due by 28-02-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
31-07-2026 close16-09-2026 today28-02-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-32k▲ 56.0%
2024 · €-73k
2019: €6k 2020: €-162k 2021: €100 2022: €-64k 2023: €-53k 2024: €-73k
2019 → 2025
Working capital
€-128k▼ 21.5%
2024 · €-105k
2019: €134k 2020: €132k 2021: €125k 2022: €41k 2023: €-35k 2024: €-105k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€149k-€85k▼ 42.8%€32k▼ 62.1%€-41k€-73k▼ 78.7%
Operating result€30k-€-24k€-8k▲ 64.6%€-14k▼ 70.2%€13k
Net result€100-€-64k€-53k▲ 16.4%€-73k▼ 37.5%€-32k▲ 56.0%
Result per fiscal year
Operating resultNet result
€-100k€-50k€0€50kOperating result 2021: €30k€30kNet result 2021: €100€100Operating result 2022: €-24k€-24kNet result 2022: €-64k€-64kOperating result 2023: €-8k€-8kNet result 2023: €-53k€-53kOperating result 2024: €-14k€-14kNet result 2024: €-73k€-73kOperating result 2025: €13k€13kNet result 2025: €-32k€-32k20212022202320242025
The operating result returns to profit in 2025: €13k after a loss of €14k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.62M
Fixed assets €59k▼ 14.0%
Current assets €1.56M▼ 0.9%
Key figures and ratios
2025 value · change against 2024
EBITDA
€22k
2024 · €-4k
Cash flow
€-23k
2024 · €-63k
Solvency
-4.5%
2024 · -2.5%
Current ratio
0.92
2024 · 0.94
Quick ratio
0.16
2024 · 0.15
Debt / equity
-23.08
2024 · -41.04
ROA
-2.0%
2024 · -4.5%
Interest coverage
0.50
2024 · -0.07
Debt
€1.69M
2024 · €1.68M
Debt ≤ 1 year
€1.69M
2024 · €1.68M
Income taxes
€541
2024 · €530
Staff costs
€62k
2024 · €104k
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€1.64M€1.62M
Fixed assets21/28€69k€59k
Tangible fixed assets22/27€69k€59k
Land and buildings22€68k€59k
Furniture and vehicles24€609-
Current assets29/58€1.57M€1.56M
Stocks and contracts in progress3€1.32M€1.29M
Stocks30/36€1.32M€1.29M
Amounts receivable within one year40/41€213k€217k
Trade receivables40€213k€217k
Cash at bank and in hand54/58€38k€56k
Deferred charges and accrued income490/1€511-
Equity and liabilities
Total equity and liabilities10/49€1.64M€1.62M
Equity10/15€-41k€-73k
Contributions10/11€305k€305k=
Outside capital11€305k€305k=
Other1109/19€305k€305k=
Reserves13€119k€119k=
Tax-exempt reserves132€31k€31k=
Distributable reserves133€88k€88k=
Profit (loss) carried forward14€-465k€-498k
Amounts payable17/49€1.68M€1.69M
Amounts payable within one year42/48€1.68M€1.69M
Current portion of amounts payable after more than one year42€6k-
Financial debts43€800k€800k=
Credit institutions430/8€800k€800k=
Trade debts44€31k€23k
Suppliers440/4€31k€23k
Taxes, remuneration and social security45€7k€6k
Taxes450/3€5k€6k
Remuneration and social security454/9€2k€783
Other amounts payable47/48€835k€858k
Accrued charges and deferred income492/3€4k€4k=
Income statement Code20242025
Remuneration, social security and pensions62€104k€62k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k
Other operating charges640/8€18k€19k
Non-recurring operating charges66A€356€222
Gross operating margin9900€119k€104k
Operating profit (loss)9901€-14k€13k
Financial income75/76B-€96
Recurring financial income75-€96
Financial charges65/66B€59k€45k
Recurring financial charges65€59k€45k
Profit (loss) for the period before taxes9903€-73k€-32k
Income taxes67/77€530€541
Profit (loss) for the period9904€-73k€-32k
Profit (loss) for the period to be appropriated9905€-73k€-32k
Appropriation of the result
Profit (loss) to be appropriated9906€-465k€-498k
Profit (loss) brought forward from the previous period14P€-392k€-465k
Social balance
Average headcount (FTE)90873.01.8

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 28-02-2027
2026
25-02
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
28-02
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
01-03
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 1 day late
2023
13-02
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
24-02
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-07
Financial Back to profitnet €100
Net result €100 after one loss-making year.
01-03
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 1 day late
2020
31-07
Financial Weakest financial yearnet €-162k ▼2705%
Net result drops to €-162k, the lowest in the series; recovery starts the following year.
18-02
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
20-02
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
21-02
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
28-02
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
5 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, Baelen · 2 establishment units since 1979
establishment 1 of 2 establishment units on the map
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.

Route de Dolhain(BLN) 24837 Baelen
Ground area
5,057 m²
Building footprint
2,270 m²
Volume, LiDAR
15,884 m³
2 parcels, Wallonia · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
MABRILUX ET SOLRI
Route de Liège 215, 4720 KelmisNACE 5143001
since 19792.037.079.776
MABRILUX ET SOLDI
Rue Mitoyenne 343, 4840 WelkenraedtNACE 51474
since 19972.037.079.677
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63084A0034/00B002 Wallonia 4,452 m² 1 · 2,174 m² 9.3 m · 2 fl.
63004C0531/00V000indicative Wallonia 605 m² 1 · 96 m² -
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels 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

Of 12,979 companies in sector 47120 we hold annual accounts for 2,186. 1,465 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded09-04-1979
Fiscal year end31-07
Activities, NACEBEL
47120Other non-specialised retail sale
47191Retail trade
47552Retail sale of lighting equipment
47592Retail trade
52442
46499Wholesale of other household goods
51478
52122
Sources
Crossroads Bank for EnterprisesNational Bank · 45 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.