MANDIBLE GUIDE
ActiveThe computed 12-month bankruptcy probability of MANDIBLE GUIDE is 3.6% (moderate). The 2024 annual accounts show negative equity (€-181k) and a net result of €-110k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 226 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
16
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
3.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.19 against 0.28 in 2023; short-term debt: 332.7% and cash: 13.9% of total assets), and equity is negative.
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
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 2024Solvency, return and age of the figures
Solvency
-239%
Return on assets
-144.5%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 72
Relative position
BE, all sectors
reference
Sector 72
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2021222324
2020 to 2024 · latest year €-181k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
61 d late
2022
45 d late
2021
61 d late
2020
88 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€-181k▼ 153%
2023 · €-72k
2020: €99k
2021: €93k
2022: €84k
2023: €-72k
2020 → 2024
Total assets
€76k▲ 33.2%
2023 · €57k
2020: €232k
2021: €179k
2022: €150k
2023: €57k
2020 → 2024
Net result
€-110k▲ 29.6%
2023 · €-156k
2020: €-837
2021: €-6k
2022: €-9k
2023: €-156k
2020 → 2024
Working capital
€-204k▼ 121%
2023 · €-92k
2020: €193k
2021: €149k
2022: €111k
2023: €-92k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€99k-€93k▼ 6.2%€84k▼ 9.5%€-72k€-181k▼ 153%
Operating result€-823-€-6k▼ 631%€-9k▼ 42.1%€-155k▼ 1,715%€-105k▲ 32.5%
Net result€-837-€-6k▼ 640%€-9k▼ 42.6%€-156k▼ 1,664%€-110k▲ 29.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €105k in 2024 against €155k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €76k
Fixed assets
€28k▲ 32.1%
Current assets
€48k▲ 33.9%
Key figures and ratios
EBITDA
€-97k▲
2023 · €-151k
Cash flow
€-101k▲
2023 · €-152k
Solvency
-239.0%▼
2023 · -125.8%
Current ratio
0.19▼
2023 · 0.28
Quick ratio
0.19▼
2023 · 0.28
Debt / equity
-1.42▲
2023 · -1.79
ROA
-144.5%▲
2023 · -273.7%
Interest coverage
-20.11▲
2023 · -341.81
Debt
€257k▲
2023 · €129k
Debt ≤ 1 year
€252k▲
2023 · €128k
Staff costs
€78k▲
2023 · €60k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€57k€76k▲
Fixed assets21/28€21k€28k▲
Intangible fixed assets21€16k€25k▲
Tangible fixed assets22/27€5k€2k▼
Plant, machinery and equipment23€5k€2k▼
Financial fixed assets28€363€363=
Current assets29/58€36k€48k▲
Amounts receivable within one year40/41€25k€37k▲
Trade receivables40-€2k
Other amounts receivable41€25k€34k▲
Cash at bank and in hand54/58€8k€11k▲
Deferred charges and accrued income490/1€2k€953▼
Equity and liabilities
Total equity and liabilities10/49€57k€76k▲
Equity10/15€-72k€-181k▼
Contributions10/11€55k€55k=
Reserves13€45€45=
Tax-exempt reserves132€45€45=
Profit (loss) carried forward14€-126k€-236k▼
Amounts payable17/49€129k€257k▲
Amounts payable within one year42/48€128k€252k▲
Trade debts44€23k€7k▼
Suppliers440/4€23k€7k▼
Taxes, remuneration and social security45€8k€13k▲
Taxes450/3€4k€3k▼
Remuneration and social security454/9€4k€10k▲
Other amounts payable47/48€96k€233k▲
Accrued charges and deferred income492/3€370€5k▲
Income statement
Code20232024
Remuneration, social security and pensions62€60k€78k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€8k▲
Other operating charges640/8€747€724▼
Non-recurring operating charges66A€39k-
Gross operating margin9900€-52k€-17k▲
Operating profit (loss)9901€-155k€-105k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€442€5k▲
Recurring financial charges65€442€5k▲
Profit (loss) for the period before taxes9903€-156k€-110k▲
Income taxes67/77€102-
Profit (loss) for the period9904€-156k€-110k▲
Profit (loss) for the period to be appropriated9905€-156k€-110k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-156k€-236k▼
Profit (loss) brought forward from the previous period14P-€-126k
Transfer from equity791/2€30k-
Social balance
Average headcount (FTE)90871.30.9▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 60 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
31-12
Financial
Weakest financial yearnet €-156k
Net result drops to €-156k, the lowest in the series; recovery starts the following year.
14-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 45 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 61 days late
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 88 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Sint-Pieters-Woluwe · 1 establishment unit since 2020
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.
de Hinnisdaellaan 21150 Sint-Pieters-WoluweGround area
356 m²
Building footprint
266 m²
Volume, LiDAR
4,515 m³
Parcel 21683D0046/00K002, Brussels · tallest building 20.5 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
MANDIBLE GUIDE
since 20202.310.078.061
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21683D0046/00K002 | Brussels | 356 m² | 1 · 266 m² | 20.4 m · 6 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
SILLAR CLINICAL
BE 0692.746.878
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DR.ARMPIT
BE 0547.651.706
Gent · Eq €86k
ALPHAOMEGA
BE 0841.472.228
Elsene · Eq €86k
ECOVIC
BE 0543.268.789
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BOTTOMLEY CONSULTING GROUP
BE 1000.893.708
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Of 1,177 companies in sector 72109 we hold annual accounts for 715. 429 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-07-2020
Fiscal year end31-12
Activities, NACEBEL
72109Other research and development on natural sciences
46460Wholesale of pharmaceutical and medical goods
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.