MABS
ActiveSummary
MABS has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €122k and a net result of €-34k. Equity remains stable across the filed fiscal years (±2.5% per year). Its solvency ranks better than 95% of 2699 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-80
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 18.17 against 13.69 in 2024; short-term debt: 4.2% and cash: 4.9% of total assets), and 4.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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
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
26 d late
2023
28 d late
2022
34 d early
2021
38 d early
2020
40 d early
2019
23 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€122k▼ 30.7%
2024 · €176k
2018: €195k
2019: €200k▲ +2.7% vs 2018
2020: €183k▼ -8.9% vs 2019
2021: €188k▲ +2.9% vs 2020
2022: €177k▼ -5.6% vs 2021
2023: €226k▲ +27.4% vs 2022highest in 8 years
2024: €176k▼ -22.0% vs 2023
2025: €122k▼ -30.7% vs 2024lowest in 8 years
2018 → 2025
Total assets
€127k▼ 31.9%
2024 · €187k
2018: €221k
2019: €266k▲ +20.2% vs 2018highest in 8 years
2020: €222k▼ -16.5% vs 2019
2021: €225k▲ +1.1% vs 2020
2022: €199k▼ -11.4% vs 2021
2023: €243k▲ +22.0% vs 2022
2024: €187k▼ -23.1% vs 2023
2025: €127k▼ -31.9% vs 2024lowest in 8 years
2018 → 2025
Net result
€-34k
2024 · €17k
2018: €27k
2019: €20k▼ -25.9% vs 2018
2020: €-3k▼ -114% vs 2019
2021: €20k▲ +795% vs 2020
2022: €-11k▼ -152% vs 2021
2023: €49k▲ +560% vs 2022highest in 8 years
2024: €17k▼ -64.0% vs 2023
2025: €-34k▼ -294% vs 2024lowest in 8 years
2018 → 2025
Working capital
€92k▼ 33.4%
2024 · €138k
2018: €164k
2019: €149k▼ -9.0% vs 2018
2020: €150k▲ +0.9% vs 2019
2021: €172k▲ +14.5% vs 2020
2022: €167k▼ -3.1% vs 2021
2023: €182k▲ +9.1% vs 2022highest in 8 years
2024: €138k▼ -24.3% vs 2023
2025: €92k▼ -33.4% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€188k-€177k▼ 5.6%€226k▲ 27.4%€176k▼ 22.0%€122k▼ 30.7%
2021: €188k
2022: €177k▼ -5.6% vs 2021
2023: €226k▲ +27.4% vs 2022highest in 5 years
2024: €176k▼ -22.0% vs 2023
2025: €122k▼ -30.7% vs 2024lowest in 5 years
Operating result€28k-€-10k€70k€21k▼ 70.4%€-35k
2021: €28k
2022: €-10k▼ -136% vs 2021
2023: €70k▲ +788% vs 2022highest in 5 years
2024: €21k▼ -70.4% vs 2023
2025: €-35k▼ -270% vs 2024lowest in 5 years
Net result€20k-€-11k€49k€17k▼ 64.0%€-34k
2021: €20k
2022: €-11k▼ -152% vs 2021
2023: €49k▲ +560% vs 2022highest in 5 years
2024: €17k▼ -64.0% vs 2023
2025: €-34k▼ -294% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €35k after €21k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €127k
Fixed assets
€30k ▼ 21.3%
Current assets
€97k ▼ 34.6%
Equity and liabilities €127k
Equity
€122k ▼ 30.7%
Debt
€5k ▼ 50.8%
Debt's share of the balance-sheet total falls from 5.8% to 4.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-24k▼
2024 · €30k
Cash flow
€-23k▼
2024 · €27k
Current ratio
18.17▲
2024 · 13.69
Debt to equity
0.04▼
2024 · 0.06
ROE
-27.8%▼
2024 · 9.9%
ROA
-26.6%▼
2024 · 9.4%
Interest coverage
-46.82▼
2024 · 60.97
Debt ≤ 1 year
€5k▼
2024 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€187k€127k▼
Fixed assets21/28€39k€30k▼
Tangible fixed assets22/27€39k€30k▼
Plant, machinery and equipment23€1k€792▼
Furniture and vehicles24€29k€21k▼
Other tangible fixed assets26€9k€9k=
Current assets29/58€148k€97k▼
Amounts receivable within one year40/41€13k€14k▲
Trade receivables40€13k€13k=
Other amounts receivable41-€562
Current investments50/53€120k€75k▼
Cash at bank and in hand54/58€13k€6k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€187k€127k▼
Equity10/15€176k€122k▼
Contributions10/11€19k€19k=
Reserves13€91k€71k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€89k€69k▼
Profit (loss) carried forward14€67k€33k▼
Amounts payable17/49€11k€5k▼
Amounts payable within one year42/48€11k€5k▼
Trade debts44€3k€1k▼
Suppliers440/4€3k€1k▼
Taxes, remuneration and social security45€6k€2k▼
Taxes450/3€6k€2k▼
Other amounts payable47/48€2k€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€11k▲
Other operating charges640/8€449€567▲
Gross operating margin9900€31k€-24k▼
Operating profit (loss)9901€21k€-35k▼
Financial income75/76B€4k€2k▼
Recurring financial income75€4k€2k▼
Financial charges65/66B€500€521▲
Recurring financial charges65€500€521▲
Profit (loss) for the period before taxes9903€24k€-34k▼
Income taxes67/77€7k-
Profit (loss) for the period9904€17k€-34k▼
Profit (loss) for the period to be appropriated9905€17k€-34k▼
Appropriation of the result
Profit (loss) to be appropriated9906€67k€33k▼
Profit (loss) brought forward from the previous period14P€49k€67k▲
Transfer from equity791/2€67k€20k▼
Profit to be distributed694/7€67k€20k▼
Return on contributions (dividend)694€67k€20k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17k | €5k | €7k | €10k | €11k | ▲ 8.2% |
| Other operating charges640/8 | €824 | €674 | €930 | €449 | €567 | ▲ 26.2% |
| Gross operating margin9900 | €46k | €-4k | €77k | €31k | €-24k | ▼ 177% |
| Operating profit (loss)9901 | €28k | €-10k | €70k | €21k | €-35k | ▼ 270% |
| Financial income75/76B | €133 | - | €660 | €4k | €2k | ▼ 57.4% |
| Recurring financial income75 | €133 | - | €660 | €4k | €2k | ▼ 57.4% |
| Financial charges65/66B | €138 | €221 | €156 | €500 | €521 | ▲ 4.2% |
| Recurring financial charges65 | €138 | €221 | €156 | €500 | €521 | ▲ 4.2% |
| Profit (loss) for the period before taxes9903 | €28k | €-10k | €70k | €24k | €-34k | ▼ 241% |
| Income taxes67/77 | €8k | €204 | €22k | €7k | - | - |
| Profit (loss) for the period9904 | €20k | €-11k | €49k | €17k | €-34k | ▼ 294% |
| Profit (loss) for the period to be appropriated9905 | €20k | €-11k | €49k | €17k | €-34k | ▼ 294% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €225k | €199k | €243k | €187k | €127k | ▼ 31.9% |
| Fixed assets21/28 | €16k | €11k | €44k | €39k | €30k | ▼ 21.3% |
| Tangible fixed assets22/27 | €16k | €11k | €44k | €39k | €30k | ▼ 21.3% |
| Plant, machinery and equipment23 | €2k | €2k | €1k | €1k | €792 | ▼ 25.0% |
| Furniture and vehicles24 | €6k | €556 | €34k | €29k | €21k | ▼ 27.4% |
| Other tangible fixed assets26 | €9k | €9k | €9k | €9k | €9k | = |
| Current assets29/58 | €209k | €189k | €199k | €148k | €97k | ▼ 34.6% |
| Amounts receivable within one year40/41 | €24k | €15k | €12k | €13k | €14k | ▲ 4.3% |
| Trade receivables40 | €14k | €15k | €11k | €13k | €13k | = |
| Other amounts receivable41 | €10k | - | €679 | - | €562 | - |
| Current investments50/53 | - | - | €125k | €120k | €75k | ▼ 37.5% |
| Cash at bank and in hand54/58 | €183k | €171k | €60k | €13k | €6k | ▼ 51.2% |
| Deferred charges and accrued income490/1 | €2k | €2k | €2k | €3k | €2k | ▼ 18.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €225k | €199k | €243k | €187k | €127k | ▼ 31.9% |
| Equity10/15 | €188k | €177k | €226k | €176k | €122k | ▼ 30.7% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €109k | €109k | €158k | €91k | €71k | ▼ 22.3% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €108k | €108k | €156k | €89k | €69k | ▼ 22.7% |
| Profit (loss) carried forward14 | €60k | €49k | €49k | €67k | €33k | ▼ 50.9% |
| Amounts payable17/49 | €37k | €22k | €17k | €11k | €5k | ▼ 50.8% |
| Amounts payable within one year42/48 | €37k | €22k | €17k | €11k | €5k | ▼ 50.8% |
| Trade debts44 | €3k | €6k | €4k | €3k | €1k | ▼ 66.8% |
| Suppliers440/4 | €3k | €6k | €4k | €3k | €1k | ▼ 66.8% |
| Taxes, remuneration and social security45 | €14k | €11k | €14k | €6k | €2k | ▼ 65.3% |
| Taxes450/3 | €8k | €8k | €14k | €6k | €2k | ▼ 65.3% |
| Remuneration and social security454/9 | €6k | €3k | - | - | - | - |
| Other amounts payable47/48 | €20k | €4k | - | €2k | €2k | ▲ 42.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20k | €-11k | €49k | €17k | €-34k | ▼ 294% |
| + Depreciation and write-downs630 | €17k | €5k | €7k | €10k | €11k | ▲ 8.2% |
| Operating cash flow (approximation) | €38k | €-5k | €55k | €27k | €-23k | ▼ 185% |
| Investment in fixed assets (approximation) | - | €0 | €-40k | €-4k | €-2k | ▲ 45.5% |
| Change in cash | - | €-12k | €-112k | €-47k | €-6k | ▲ 86.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-34k
Net result drops to €-34k, the lowest in the series.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 28 days late
2023
31-12
Financial
Back to profitnet €49k
Net result €49k after one loss-making year.
31-12
Financial
Equity above €200kEq €226k ▲27.4%
Equity rises from €177k to €226k.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €200kEq €200k ▲2.7%
2 profitable years in a row build equity to €200k.
Show earlier events
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-07
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.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Linkebeek · 1 establishment unit since 2011
Ground area
1,604 m²
Building footprint
162 m²
Volume, LiDAR
1,092 m³
Parcel 22003B0075/00W008, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MABS
since 20112.199.146.980
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22003B0075/00W008 | Flanders | 1,604 m² | 1 · 162 m² | 12.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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 30,002 companies in sector 62200 we hold annual accounts for 18,390. 15,467 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-05-2011
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.