Summary
MAIN ROAD is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €833,812 and a net result of €90,979. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 62% of 8102 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 07-10-2025, 116 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
116 d early
2024
38 d early
2023
43 d early
2022
40 d early
2021
38 d early
2020
25 d early
2019
25 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 46 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 22 December (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€833,812▲ 12.2%
2024 · €742,833
Net result
€90,979▼ 5.9%
2024 · €96,659
Total assets
€1.3m▲ 8.2%
2024 · €1.2m
Solvency
66.0%▲ 2.4pp
2024 · 63.6%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€145,334▲ 23.3%€130,311▼ 10.3%€126,213▼ 3.1%€162,461▲ 28.7%€131,584▼ 19.0%
Net result€100,545above the sector's middle half▲ 20.6%€86,853above the sector's middle half▼ 13.6%€78,862within the sector's middle half▼ 9.2%€96,659above the sector's middle half▲ 22.6%€90,979above the sector's middle half▼ 5.9%
Equity€643,037above the sector's middle half▼ 4.3%€567,312above the sector's middle half▼ 11.8%€646,174above the sector's middle half▲ 13.9%€742,833above the sector's middle half▲ 15.0%€833,812above the sector's middle half▲ 12.2%
Total assets€869,589within the sector's middle half▲ 12.0%€958,719above the sector's middle half▲ 10.2%€1.0mabove the sector's middle half▲ 7.2%€1.2mabove the sector's middle half▲ 13.7%€1.3mabove the sector's middle half▲ 8.2%
Debt€226,551▲ 117%€391,407▲ 72.8%€381,158▼ 2.6%€425,660▲ 11.7%€430,356▲ 1.1%
Working capital€566,180above the sector's middle half▼ 14.6%€500,694above the sector's middle half▼ 11.6%€594,018above the sector's middle half▲ 18.6%€654,717above the sector's middle half▲ 10.2%€777,211above the sector's middle half▲ 18.7%
Solvency73.9%within the sector's middle half▼ 12.6pp59.2%within the sector's middle half▼ 14.8pp62.9%within the sector's middle half▲ 3.7pp63.6%within the sector's middle half▲ 0.7pp66.0%within the sector's middle half▲ 2.4pp
Current ratio3.52within the sector's middle half▼ 3.892.28within the sector's middle half▼ 1.242.56within the sector's middle half▲ 0.282.54within the sector's middle half▼ 0.022.81within the sector's middle half▲ 0.27
Return on assets (ROA)11.6%within the sector's middle half▲ 0.8pp9.1%within the sector's middle half▼ 2.5pp7.7%within the sector's middle half▼ 1.4pp8.3%within the sector's middle half▲ 0.6pp7.2%within the sector's middle half▼ 1.1pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 19% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.3m
Fixed assets
€56,601 ▼ 35.8%
Current assets
€1.2m ▲ 11.8%
Equity and liabilities €1.3m
Equity
€833,812 ▲ 12.2%
Debt
€430,356 ▲ 1.1%
Debt's share of the balance-sheet total falls from 36.4% to 34.0%. Equity and debt are higher.
Key figures and ratios
ROE
10.9%▼
2024 · 13.0%
Debt ≤ 1 year
€430,356▲
2024 · €425,660
Income taxes
€44,097▲
2024 · €39,426
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,252 | €19,323 | €21,354 | €27,067 | €35,471 | ▲ 31.0% |
| Other operating charges640/8 | - | €864 | €981 | €882 | €629 | ▼ 28.7% |
| Gross operating margin9900 | €158,309 | €150,498 | €148,547 | €190,410 | €167,684 | ▼ 11.9% |
| Operating profit (loss)9901 | €145,334 | €130,311 | €126,213 | €162,461 | €131,584 | ▼ 19.0% |
| Financial income75/76B | - | €6 | €0 | €332 | €34,331 | ▲ 10,242% |
| Recurring financial income75 | €0 | €6 | €0 | €332 | €34,331 | ▲ 10,242% |
| Financial charges65/66B | - | €9,357 | €16,189 | €26,708 | €30,839 | ▲ 15.5% |
| Recurring financial charges65 | €4,343 | €9,357 | €16,189 | €26,708 | €30,839 | ▲ 15.5% |
| Profit (loss) for the period before taxes9903 | €140,991 | €120,959 | €110,024 | €136,085 | €135,076 | ▼ 0.7% |
| Income taxes67/77 | €40,447 | €34,107 | €31,162 | €39,426 | €44,097 | ▲ 11.8% |
| Profit (loss) for the period9904 | €100,545 | €86,853 | €78,862 | €96,659 | €90,979 | ▼ 5.9% |
| Profit (loss) for the period to be appropriated9905 | €100,545 | €86,853 | €78,862 | €96,659 | €90,979 | ▼ 5.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €869,589 | €958,719 | €1.0m | €1.2m | €1.3m | ▲ 8.2% |
| Fixed assets21/28 | €78,912 | €66,618 | €52,156 | €88,116 | €56,601 | ▼ 35.8% |
| Tangible fixed assets22/27 | €78,912 | €66,618 | €52,156 | €88,116 | €56,601 | ▼ 35.8% |
| Land and buildings22 | - | €9,877 | €7,705 | €10,906 | €8,922 | ▼ 18.2% |
| Furniture and vehicles24 | - | €56,742 | €42,142 | €75,370 | €46,308 | ▼ 38.6% |
| Other tangible fixed assets26 | - | - | €2,310 | €1,840 | €1,371 | ▼ 25.5% |
| Current assets29/58 | €790,676 | €892,100 | €975,175 | €1.1m | €1.2m | ▲ 11.8% |
| Amounts receivable within one year40/41 | €22,707 | €51,206 | €29,007 | €33,026 | €33,803 | ▲ 2.4% |
| Trade receivables40 | - | €51,206 | €29,007 | €33,026 | €22,709 | ▼ 31.2% |
| Other amounts receivable41 | - | - | - | - | €11,094 | - |
| Current investments50/53 | €459,113 | €459,113 | €459,113 | €909,445 | €1.2m | ▲ 27.1% |
| Cash at bank and in hand54/58 | €308,856 | €381,781 | €487,055 | €137,906 | €17,966 | ▼ 87.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €869,589 | €958,719 | €1.0m | €1.2m | €1.3m | ▲ 8.2% |
| Equity10/15 | €643,037 | €567,312 | €646,174 | €742,833 | €833,812 | ▲ 12.2% |
| Contributions10/11 | - | €43,400 | €43,400 | €43,400 | €43,400 | = |
| Reserves13 | €599,637 | €523,912 | €602,774 | €699,433 | €790,412 | ▲ 13.0% |
| Non-distributable reserves130/1 | - | €5,580 | €5,580 | €0 | - | - |
| Reserves not available under the articles1311 | - | €5,580 | €5,580 | €0 | - | - |
| Distributable reserves133 | - | €518,332 | €597,194 | €699,433 | €790,412 | ▲ 13.0% |
| Profit (loss) carried forward14 | - | €0 | €0 | - | - | - |
| Amounts payable17/49 | €226,551 | €391,407 | €381,158 | €425,660 | €430,356 | ▲ 1.1% |
| Amounts payable within one year42/48 | €224,497 | €391,407 | €381,158 | €425,660 | €430,356 | ▲ 1.1% |
| Trade debts44 | €2,293 | €1,966 | €239 | €4,215 | €0 | ▼ 100% |
| Suppliers440/4 | - | €1,966 | €239 | €4,215 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €24,276 | €14,251 | €20,753 | €14,829 | ▼ 28.5% |
| Taxes450/3 | - | €24,276 | €14,251 | €20,753 | €14,829 | ▼ 28.5% |
| Other amounts payable47/48 | - | €365,164 | €366,668 | €400,692 | €415,527 | ▲ 3.7% |
| Accrued charges and deferred income492/3 | - | €0 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €100,545 | €86,853 | €78,862 | €96,659 | €90,979 | ▼ 5.9% |
| + Depreciation and write-downs630 | €12,252 | €19,323 | €21,354 | €27,067 | €35,471 | ▲ 31.0% |
| Operating cash flow (approximation) | €112,796 | €106,176 | €100,216 | €123,726 | €126,450 | ▲ 2.2% |
| Investment in fixed assets (approximation) | - | -€7,029 | -€6,892 | -€63,027 | -€3,956 | ▲ 93.7% |
| Change in cash | - | €72,925 | €105,274 | -€349,150 | -€119,940 | ▲ 65.6% |
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
2025
07-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
26-05
State Gazette act
General meeting · Director resignation
Permanent representative · Director appointment
24-03
State Gazette act
General meeting · Director resignation
Permanent representative · Director appointment
2024
24-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-07
State Gazette act
General meeting · Director reappointment
Permanent representative · Power of attorney
2023
19-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
26-06
State Gazette act
Board meeting · Merger
Corporate purpose · Permanent representative
2022
22-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
22-04
State Gazette act
General meeting · Director resignation
Director appointment · Power of attorney
2021
24-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Highest result since 2019net €100,545 ▲20.6%
Net result €100,545, the highest in the series.
06-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2020
06-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
22-01
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
16-01
State Gazette act
General meeting · Director resignation
Director appointment · Director reappointment
2018
05-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
15-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
26-09
State Gazette act
General meeting · Director reappointment
Mandate compensation · Permanent representative
11-08
State Gazette act
General meeting · Director resignation
Permanent representative · Director discharge
2016
15-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2012
31-08
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
29-08
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
Financial milestoneState Gazette actNBB 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, Beerse · 1 establishment unit since 2012
Ground area
1,590 m²
Building footprint
183 m²
Volume, LiDAR
1,049 m³
Parcel 13004C0385/00W020, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MAIN ROAD
since 20122.205.499.985
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13004C0385/00W020 | Flanders | 1,590 m² | 1 · 183 m² | 8.8 m · 2 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.
Structure & network
Connections & network
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Shareholding
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Ownership & control
2 board mandatesRecognitions · licences · registrations
Legal Entity Identifier
984500D6F7E71E0C8Y85
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,805. 13,085 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
Founded03-01-2012
Fiscal year end30-06
Activities, NACEBEL 2025
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0842513393
Also
9925:BE0842513393
Registered
10-01-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.