MB DIRECT Trade
ActiveMB DIRECT Trade has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-5k) and a net result of €17k. Equity is shrinking by ~104.6% per year across the filed fiscal years. Its solvency ranks better than 14% of 9517 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81▲+69
Solvency22▲+13
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.93 against 0.81 in 2023; short-term debt: 102.6% and cash: 91.6% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six 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 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
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
-2.6%
Return on assets
9.5%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 9517 sector peers (2024).
NBB · sector comparisonPosition among 9517 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
12 d late
2022
17 d early
2021
3 d late
2020
37 d early
2019
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-5k▲ 78.7%
2023 · €-22k
2018: €49k
2019: €7k
2020: €7k
2021: €-7k
2022: €-15k
2023: €-22k
2018 → 2024
Total assets
€184k▲ 29.1%
2023 · €142k
2018: €65k
2019: €7k
2020: €185k
2021: €159k
2022: €128k
2023: €142k
2018 → 2024
Net result
€17k
2023 · €-7k
2018: €20k
2019: €-42k
2020: €477
2021: €-14k
2022: €-8k
2023: €-7k
2018 → 2024
Working capital
€-13k▲ 58.8%
2023 · €-32k
2018: €48k
2020: €6k
2021: €-19k
2022: €-26k
2023: €-32k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€7k-€-7k€-15k▼ 108%€-22k▼ 49.7%€-5k▲ 78.7%
Operating result€950-€-14k€-7k▲ 47.2%€-7k▲ 6.4%€18k
Net result€477-€-14k€-8k▲ 46.2%€-7k▲ 4.5%€17k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €18k after a loss of €7k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €184k
Fixed assets
€8k▼ 12.3%
Current assets
€175k▲ 32.0%
Key figures and ratios
EBITDA
€19k▲
2023 · €-6k
Cash flow
€19k▲
2023 · €-6k
Solvency
-2.6%▲
2023 · -15.6%
Current ratio
0.93▲
2023 · 0.81
Quick ratio
0.93▲
2023 · 0.81
Debt / equity
-39.76▼
2023 · -7.40
ROA
9.5%▲
2023 · -5.2%
Interest coverage
25.83▲
2023 · -10.54
Debt
€188k▲
2023 · €164k
Debt ≤ 1 year
€188k▲
2023 · €164k
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€142k€184k▲
Fixed assets21/28€10k€8k▼
Tangible fixed assets22/27€8k€7k▼
Plant, machinery and equipment23€8k€7k▼
Financial fixed assets28€1k€1k=
Current assets29/58€133k€175k▲
Amounts receivable within one year40/41€10k€7k▼
Trade receivables40€4k-
Other amounts receivable41€6k€7k▲
Cash at bank and in hand54/58€123k€168k▲
Equity and liabilities
Total equity and liabilities10/49€142k€184k▲
Equity10/15€-22k€-5k▲
Contributions10/11€50k€50k=
Profit (loss) carried forward14€-72k€-55k▲
Amounts payable17/49€164k€188k▲
Amounts payable within one year42/48€164k€188k▲
Trade debts44€2k€35k▲
Suppliers440/4€2k€35k▲
Other amounts payable47/48€163k€154k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Other operating charges640/8€384€387▲
Gross operating margin9900€-5k€20k▲
Operating profit (loss)9901€-7k€18k▲
Financial charges65/66B€538€752▲
Recurring financial charges65€538€752▲
Profit (loss) for the period before taxes9903€-7k€17k▲
Profit (loss) for the period9904€-7k€17k▲
Profit (loss) for the period to be appropriated9905€-7k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-72k€-55k▲
Profit (loss) brought forward from the previous period14P€-65k€-72k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €17k
Net result €17k after 3 loss-making years.
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
03-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €477
Net result €477 after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-42k ▼309%
Net result drops to €-42k, the lowest in the series; recovery starts the following year.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Elsene · 1 establishment unit since 2016
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.
Louizalaan 1431050 ElseneGround area
5,786 m²
Building footprint
4,529 m²
Volume, LiDAR
130,373 m³
2 parcels, Brussels · tallest building 101.4 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
MB DIRECT Trade
since 20162.255.000.570
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0089/00D007 | Brussels | 3,879 m² | 1 · 2,740 m² | 101.4 m · 7 fl. |
| 21807G0089/00A007 | Brussels | 1,907 m² | 1 · 1,788 m² | 32.0 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Legal Entity Identifier
875500KBCIRCY5A41T82
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Of 11,225 companies in sector 82100 we hold annual accounts for 3,511. 1,586 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-07-2016
Fiscal year end31-12
Activities, NACEBEL
82100Office administrative and support services
82110Office administrative, office support and other business support activities
47789Other retail sale of new goods
47791Retail sale of antiques
47792Retail sale of second-hand clothing
47793Retail sale of other second-hand goods, excluding clothing
82190Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 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.