MB COOPER & PARTNERS

Active

Private limited companyfounded 20215 yrs activeOlmstraat 63, 1800 Vilvoorde, BelgiumKBO/BCE: BE 0773.536.396

The computed 12-month bankruptcy probability of MB COOPER & PARTNERS is 2.9% (moderate). The 2024 annual accounts show equity of €86k and a net result of €24k. Equity is growing by ~46% per year across the filed fiscal years. Its solvency ranks better than 46% of 1633 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

55 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability84▼-7

Solvency68▼-32

Growth78=

Track record94

Bankruptcy probability, 12 months

2.9% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €4.5k at 30 days acceptable

Liquidity ample (current ratio 1.71 against 3.26 in 2023; short-term debt: 57.4% and cash: 1.5% of total assets), but 57.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 33

Relative position

BE, all sectors

reference

Sector 33

higher

← fewer bankruptcies more bankruptcies →

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

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 2024

Solvency, return and age of the figures

Solvency

42.6%

Return on assets

11.9%

Age of the figures

21 mo

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 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 · 4 filings

Deviation from the deadline

2025

not confirmed

2024

31 d late

2023

223 d late

2022

135 d late

2021

54 d late

← before the deadline after the deadline →

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 2024, micro schema

Equity

€86k▲ 38.6%

2023 · €62k

2021: €7k 2022: €47k 2023: €62k

2021 → 2024

Total assets

€201k▲ 145%

2023 · €82k

2021: €35k 2022: €67k 2023: €82k

2021 → 2024

Net result

€24k▲ 60.7%

2023 · €15k

2021: €5k 2022: €40k 2023: €15k

2021 → 2024

Working capital

€82k▲ 78.4%

2023 · €46k

2021: €-10k 2022: €25k 2023: €46k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Equity€7k-€47k▲ 558%€62k▲ 31.7%€86k▲ 38.6%

Operating result€6k-€50k▲ 718%€19k▼ 61.3%€34k▲ 75.1%

Net result€5k-€40k▲ 758%€15k▼ 62.7%€24k▲ 60.7%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result recovers in 2024; 2024 is 75% above 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €201k

98.4%

Fixed assets €3k▼ 79.1%

Current assets €198k▲ 197%

Equity and liabilities €201k

42.6%

57.4%

Equity €86k▲ 38.6%

Debt €116k▲ 465%

The debt ratio rises from 24.9% to 57.4%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€37k▲

2023 · €34k

Cash flow

€27k▼

2023 · €29k

Solvency

42.6%▼

2023 · 75.1%

Current ratio

1.71▼

2023 · 3.26

Quick ratio

1.71▼

2023 · 3.26

Debt / equity

1.35▲

2023 · 0.33

ROE

27.9%▲

2023 · 24.0%

ROA

11.9%▼

2023 · 18.1%

Interest coverage

22.61▼

2023 · 131.07

Debt

€116k▲

2023 · €20k

Debt ≤ 1 year

€116k▲

2023 · €20k

Income taxes

€8k▲

2023 · €4k

Staff costs

€67k▲

2023 · €31k

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€82k€201k▲

Fixed assets21/28€16k€3k▼

Tangible fixed assets22/27€15k€3k▼

Plant, machinery and equipment23€2k€1k▼

Furniture and vehicles24€13k€2k▼

Financial fixed assets28€501€501=

Current assets29/58€67k€198k▲

Amounts receivable within one year40/41€64k€195k▲

Trade receivables40€59k€181k▲

Other amounts receivable41€5k€14k▲

Cash at bank and in hand54/58€3k€3k▲

Deferred charges and accrued income490/1€0-

Equity and liabilities

Total equity and liabilities10/49€82k€201k▲

Equity10/15€62k€86k▲

Contributions10/11€3k€3k=

Reserves13€59k€83k▲

Distributable reserves133€59k€83k▲

Amounts payable17/49€20k€116k▲

Amounts payable within one year42/48€20k€116k▲

Financial debts43-€4k

Credit institutions430/8-€4k

Trade debts44€384€91k▲

Suppliers440/4€384€91k▲

Taxes, remuneration and social security45€18k€20k▲

Taxes450/3€14k€14k▼

Remuneration and social security454/9€4k€6k▲

Other amounts payable47/48€2k€498▼

Accrued charges and deferred income492/3€0-

Income statement Code20232024

Non-recurring operating income76A-€7k

Remuneration, social security and pensions62€31k€67k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€3k▼

Other operating charges640/8€3k€5k▲

Non-recurring operating charges66A-€19k

Gross operating margin9900€68k€128k▲

Operating profit (loss)9901€19k€34k▲

Financial income75/76B€0€0▲

Recurring financial income75€0€0▲

Financial charges65/66B€258€2k▲

Recurring financial charges65€258€2k▲

Profit (loss) for the period before taxes9903€19k€32k▲

Income taxes67/77€4k€8k▲

Profit (loss) for the period9904€15k€24k▲

Profit (loss) for the period to be appropriated9905€15k€24k▲

Appropriation of the result

Profit (loss) to be appropriated9906€15k€24k▲

Profit (loss) brought forward from the previous period14P€0-

Transfer to equity691/2€15k€24k▲

To other reserves6921€15k€24k▲

The notes to these accounts (10 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

All 6Financial 2Filings 4

2025

31-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 31 days late

11-03

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 223 days late

2023

13-12

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 135 days late

2022

31-12

Financial Highest result since 2021net €40k ▲758%

Operating result €50k, net result €40k, both a record.

31-12

Financial Liquidity quadruplescurrent ratio 2.36

Current ratio from 0.63 to 2.36; short-term debt falls from €27k to €18k.

23-09

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 54 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, Vilvoorde · 2 establishment units since 2021

establishment All 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.

Olmstraat 631800 Vilvoorde

Ground area

4,940 m²

Building footprint

891 m²

Volume, LiDAR

13,017 m³

2 parcels, Flanders, Wallonia · tallest building 18.1 m, ±5 floors. Linked by address, not a title deed.

2 establishment units

MB COOPER & PARTNERS

Olmstraat 63, 1800 VilvoordeGeneral electrical installation work

since 20212.321.494.763

MB COOPER & PARTNERS

Drève Richelle 161M, 1410 WaterlooGeneral electrical installation work

since 20252.377.404.078

2 parcels

Flanders 1 (50%) Wallonia 1 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
25763M0600/00R000	Wallonia	4,633 m²	1 · 788 m²	18.1 m · 5 fl.
23643G0413/00Z003	Flanders	307 m²	1 · 103 m²	9.6 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Recognised contractor

2 categories

MB COOPER & PARTNERS BV41982

category C2, class 1 · category P1, class 1

decision 12-05-2022

Similar companies · same sector, comparable size

UWT

BE 0727.840.191

Heusden-Zolder · Eq €86k

Of 1,225 companies in sector 33200 we hold annual accounts for 676. 516 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded06-09-2021

Fiscal year end31-12

Activities, NACEBEL

33200Installation of industrial machinery and equipment

42220Construction of utility projects for electricity and telecommunications

43211General electrical installation work

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.