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MB CREATIONS

Active
Private limited companyfounded 2017active for 8 yearsVan Volxemlaan 264, 1190 Vorst, BelgiumKBO/BCE: BE 0683.792.194
Summary

The computed 12-month bankruptcy probability of MB CREATIONS is 1.7% (moderate). The annual accounts of MB CREATIONS for financial year 2024 show a net loss of 64% of the equity at the start of that year. The 2024 annual accounts show equity of €239,199 and a net result of -€420,717. Equity is growing by about 67% per year across the filed financial years. Its solvency ranks better than 30% of 320 sector peers (NACE 90, financial year 2024). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Performing arts by artistic ensembles
NACE 90202
#7 company by total assets in Vorst, Arts, sports and recreation sector1 site
Size
€1.4mtotal assets 2024
Equity
€239,199
Loss
-€420,717
Financial health
53 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.7%
Structure
Largest shareholder
MB PRESENTS · 10%
Accounts 71 days overdue0 of 3 deeds read
Why 53raises riskFigures for financial year 2024 (filed 21-10-2025)1 financial year not filed after the legal deadline; latest accounts 77 days late; 3 of the last 3 lateLoss of €420,717 (financial year 2024)lowers riskSector: Arts creation and performing arts activities (NACE 90)Show the evidence

Checked score

Score 2024
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 18% of its sector peers (NACE 90, micro)
Financial strength · tick = 2023
Weak
Solvency 42-2
equity 17.4% of total assets
Liquidity 46+35
short-term debt 81.9% · cash 32.7%
Profitability 0-61
return on assets -30.6%
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,410 companies, NACE 90, micro)
Last 24 months 11-2024: 1.0% 12-2024: 1.1%▲ +0.1 percentage points vs 11-2024 01-2025: 0.7%▼ -0.4 percentage points vs 12-2024 02-2025: 0.6%▼ -0.1 percentage points vs 01-2025 03-2025: 0.8%▲ +0.2 percentage points vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.7%▼ -0.1 percentage points vs 04-2025 06-2025: 0.8%▲ +0.1 percentage points vs 05-2025 07-2025: 0.8%● unchanged vs 06-2025 08-2025: 1.2%▲ +0.4 percentage points vs 07-2025 09-2025: 1.6%▲ +0.4 percentage points vs 08-2025 10-2025: 2.4%▲ +0.8 percentage points vs 09-2025highest value 11-2025: 0.5%▼ -1.9 percentage points vs 10-2025lowest value 12-2025: 0.6%▲ +0.1 percentage points vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 1.0%▲ +0.4 percentage points vs 07-2026 09-2026: 1.1%▲ +0.1 percentage points vs 08-2026 10-2026: 1.7%▲ +0.6 percentage points vs 09-2026
Credit of up to €12,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.2, compared with 1.2 in 2023; short-term debt: 81.9% and cash: 32.7% of total assets), and 82.6% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 90, micro): better than 28% on solvency, 29% on liquidity, 7% on profitability and 9% on growth.

The bankruptcy probability was computed on 09-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 21-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 77 days late; 3 of the last 3 late
NBB · filings
lowers risk · Sector: Arts creation and performing arts activities (NACE 90)
KBO
raises risk · Loss of €420,717 (financial year 2024)
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-10-2025, 77 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 7 filings
Deviation from the deadline
2025
not confirmed
2024
77 days late
2023
122 days late
2022
60 days late
2021
29 days late
2020
26 days late
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 52 days after the deadline; the sector median (NACE 90) for financial year 2024 is 3 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · full…
  2. Weakest financial yearnet -€420,717
  3. Annual accounts filedfinancial year 2023 · full…

Key points

  • Caution: From profit to loss in 2024after €24,171 in 2023 -€420,717 View
  • Caution: Among the weakest 5% on net resultsector median €10,655 · 320 companies -€420,717 View
  • Caution: Accounts not fileddeadline was 31-07-2026 71 days late View

By topic

Financials

Financial year
2024
Total assets
€1.4m
Loss
-€420,717
Solvency
17.4%
Go to Financials

Timeline

Events
12
Since
2019
  1. 29-09-2023Annual accounts filed
  2. 31-12-2022Highest result from 2018 to 2024
  3. 31-12-2022Equity above €500,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Performing arts by artistic ensemblesNACE 90202
Founded
27-10-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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