MAFRA IMMO
ActiveMAFRA IMMO has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €231k and a net result of €34k. Equity is growing by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 33% of 8537 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
91
/ 100
Excellent▲ +40 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+8
Solvency74▲+56
Growth78▲+20
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 2.26 against 0.06 in 2024), but 67.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
32.9%
Return on assets
4.8%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
28 d early
2023
33 d early
2022
59 d late
2021
6 d early
2020
36 d early
2019
4 d late
← 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
10-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€231k▲ 17.2%
2024 · €197k
2018: €199k
2019: €160k
2020: €116k
2021: €114k
2022: €147k
2023: €172k
2024: €197k
2018 → 2025
Total assets
€703k▼ 22.7%
2024 · €909k
2018: €505k
2019: €442k
2020: €291k
2021: €118k
2022: €983k
2023: €999k
2024: €909k
2018 → 2025
Net result
€34k▲ 32.4%
2024 · €26k
2018: €23k
2019: €-39k
2020: €-44k
2021: €-2k
2022: €33k
2023: €24k
2024: €26k
2018 → 2025
Working capital
€159k
2024 · €-283k
2018: €-196k
2019: €-187k
2020: €116k
2021: €114k
2022: €-253k
2023: €-268k
2024: €-283k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€114k-€147k▲ 28.8%€172k▲ 16.5%€197k▲ 14.9%€231k▲ 17.2%
Operating result€-667-€41k€41k▲ 0.7%€42k▲ 2.8%€57k▲ 36.0%
Net result€-2k-€33k€24k▼ 26.1%€26k▲ 5.3%€34k▲ 32.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 36% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €703k
Fixed assets
€418k▼ 53.1%
Current assets
€285k▲ 1,521%
Equity and liabilities €703k
Equity
€231k▲ 17.2%
Debt
€471k▼ 33.8%
The debt ratio falls from 78.3% to 67.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€84k▲
2024 · €68k
Cash flow
€60k▲
2024 · €51k
Solvency
32.9%▲
2024 · 21.7%
Current ratio
2.26▲
2024 · 0.06
Quick ratio
2.26▲
2024 · 0.06
Debt / equity
2.04▼
2024 · 3.60
ROE
14.7%▲
2024 · 13.0%
ROA
4.8%▲
2024 · 2.8%
Interest coverage
11.41▲
2024 · 7.86
Debt
€471k▼
2024 · €711k
Debt ≤ 1 year
€126k▼
2024 · €301k
Debt > 1 year
€345k▼
2024 · €410k
Income taxes
€16k▲
2024 · €8k
Staff costs
€18k
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€909k€703k▼
Fixed assets21/28€891k€418k▼
Tangible fixed assets22/27€441k€418k▼
Land and buildings22€441k€416k▼
Plant, machinery and equipment23-€2k
Financial fixed assets28€450k-
Current assets29/58€18k€285k▲
Amounts receivable within one year40/41€11k€61k▲
Trade receivables40€6k-
Other amounts receivable41€6k€61k▲
Current investments50/53-€200k
Cash at bank and in hand54/58€6k€24k▲
Equity and liabilities
Total equity and liabilities10/49€909k€703k▼
Equity10/15€197k€231k▲
Contributions10/11€25k€25k=
Capital10-€25k
Issued capital100-€25k
Outside capital11€25k-
Other1109/19€25k-
Reserves13€57k€90k▲
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k-
Reserves not available under the articles1311-€2k
Distributable reserves133€55k€88k▲
Profit (loss) carried forward14€115k€116k▲
Amounts payable17/49€711k€471k▼
Amounts payable after more than one year17€410k€345k▼
Financial debts170/4€410k€345k▼
Amounts payable within one year42/48€301k€126k▼
Current portion of amounts payable after more than one year42€66k€65k▼
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Taxes, remuneration and social security45€52k€50k▼
Taxes450/3€52k€50k▼
Remuneration and social security454/9-€0
Other amounts payable47/48€181k€9k▼
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€188k-
Remuneration, social security and pensions62-€18k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€26k▲
Other operating charges640/8€968€1k▲
Gross operating margin9900€69k€103k▲
Operating profit (loss)9901€42k€57k▲
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€9k€7k▼
Recurring financial charges65€9k€7k▼
Profit (loss) for the period before taxes9903€34k€50k▲
Income taxes67/77€8k€16k▲
Profit (loss) for the period9904€26k€34k▲
Profit (loss) for the period to be appropriated9905€26k€34k▲
Appropriation of the result
Profit (loss) to be appropriated9906€140k€149k▲
Profit (loss) brought forward from the previous period14P€115k€115k▲
Transfer to equity691/2€25k€33k▲
To other reserves6921€25k€33k▲
The notes to these accounts (7 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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €34k ▲32.4%
Operating result €57k, net result €34k, both a record.
31-12
Financial
Liquidity times 39current ratio 2.26
Current ratio from 0.06 to 2.26; short-term debt falls from €301k to €126k.
31-12
Financial
Equity above €200kEq €231k ▲17.2%
4 profitable years in a row build equity to €231k.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150kEq €172k ▲16.5%
2 profitable years in a row build equity to €172k.
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
31-12
Financial
Back to profitnet €33k
Net result €33k after 3 loss-making years.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity times 18current ratio 29.85
Current ratio from 1.66 to 29.85; short-term debt falls from €175k to €4k.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-44k
Net result drops to €-44k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 20current ratio 1.66
Current ratio from 0.08 to 1.66; short-term debt falls from €204k to €175k.
04-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 4 days late
2019
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
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.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Braine-l'Alleud · 1 establishment unit since 1989
Ground area
2,428 m²
Building footprint
220 m²
Volume, LiDAR
1,491 m³
Parcel 25014N0674/00_000, Wallonia · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MAFRA IMMO
since 19892.042.133.080
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25014N0674/00_000 | Wallonia | 2,428 m² | 1 · 220 m² | 9.2 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.
Similar companies · same sector, comparable size
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ALL ABOUT ACCOUNTING
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Of 12,122 companies in sector 69201 we hold annual accounts for 7,599. 6,225 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-12-1988
Fiscal year end31-12
Activities, NACEBEL
69201Certified accountants and tax accountants
70200Business and other management consultancy
70220Business consulting
68201Renting and operating of own or leased residential real estate, excluding social housing
69202Legal and accounting activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.