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MB EVOLUTION

Active Private limited companyfounded 2014active for 12 yearsRue de Barvaux, Hotton 25, 6990 HottonKBO/BCE: BE 0552.870.504

Lifetime

12 annual accounts with figures on one time axis
peak €69,173 (2022)
€37,683▲ 2.6%
lowest -€28,961 (2016)
€3,366▼ 60.2%
peak €113,895 (2025)
€113,895▲ 3.0%
€97,146▼ 20.2%
Board1 name since 2014
1 directorBODEA Annamaria
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Result from €8,465 to €3,366Debts from €121,729 to €97,146

Key points

from the 2025 annual accounts

Equity

€113,895 ▲ 3.0%

MB EVOLUTION has made a profit without a break since 2017.

Turnover

≈ €230,000 estimated

The accounts state no turnover.

Filings

12 annual accounts 61 days
AprilJune31 JulyOctober201520202025

Latest accounts filed late: after the legal deadline.

Checked score

63
Healthy
Financially stronger than 40% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 2.4% 01-2025: 2.3%▼ -0.1 percentage points vs 12-2024 02-2025: 2.3%● unchanged vs 01-2025 03-2025: 2.3%● unchanged vs 02-2025 04-2025: 2.4%▲ +0.1 percentage points vs 03-2025 05-2025: 2.3%▼ -0.1 percentage points vs 04-2025 06-2025: 2.2%▼ -0.1 percentage points vs 05-2025 07-2025: 2.2%● unchanged vs 06-2025 08-2025: 3.0%▲ +0.8 percentage points vs 07-2025 09-2025: 3.4%▲ +0.4 percentage points vs 08-2025 10-2025: 4.6%▲ +1.2 percentage points vs 09-2025highest value 11-2025: 3.7%▼ -0.9 percentage points vs 10-2025 12-2025: 3.7%● unchanged vs 11-2025 01-2026: 3.7%● unchanged vs 12-2025 02-2026: 3.7%● unchanged vs 01-2026 03-2026: 3.5%▼ -0.2 percentage points vs 02-2026 04-2026: 3.5%● unchanged vs 03-2026 05-2026: 3.2%▼ -0.3 percentage points vs 04-2026 06-2026: 3.1%▼ -0.1 percentage points vs 05-2026 07-2026: 2.9%▼ -0.2 percentage points vs 06-2026 08-2026: 4.0%▲ +1.1 percentage points vs 07-2026 09-2026: 4.4%▲ +0.4 percentage points vs 08-2026 10-2026: 1.4%▼ -3.0 percentage points vs 09-2026lowest value 11-2026: 1.4%● unchanged vs 10-2026lowest value

Financial strength
Strong

79+6equity 54.0% of total assets
30-17short-term debt 46.0% · cash 1.9%
71-1return on assets 1.6%

Score breakdown

raises risk
Last filed accounts filed 61 days late; 3 of the last 3 accounts late
Sector: Specialised construction activities (NACE 43)
Liquidity: current ratio 1.73, cash €4,031
lowers risk
Founded in 2014
Calculation

The band follows from the bankruptcy probability. 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 43, micro). It does better than 59% of them on solvency, 18% on liquidity, 39% on profitability and 43% on growth.

The bankruptcy probability was computed on 10-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

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

Comparable companies, two years later

In July 2024, 10,904 companies had the same profile as MB EVOLUTION has now. Each dot stands for 28 companies, two years later.

95.1%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of MB EVOLUTION itself is higher: 1.4% within 12 months. It rests on far more data about MB EVOLUTION than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 10,904 companies, not a prediction for MB EVOLUTION. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €7,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.73 (1.41 in 2024), above the usual 1.5. Short-term debt is 46% and cash 1.9% of total assets. 46% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 61 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 2014
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Liquidity: current ratio 1.73, cash €4,031
NBB · annual accounts
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
61 days late
2024
61 days late
2023
91 days late
2022
84 days late
2021
123 days early
2020
31 days late
2019
28 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 25 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 September (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

BA
Director, since 08-05-2014
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0552870504
Change of role: BODEA Annamaria, from manager to director Director discharge: BODEA Annamaria · Legal-form conversion: from coöperatieve vennootschap met onbeperkte aansprakelijkheid to private limited company · General meeting of 18-03-2020 · Gazette deed
Registered office moved from Lessines to Hotton New registered office: Rue de Barvaux 25, 6990 Hotton · Previous registered office: Rue de l'Hôtellerie 40, 7860 Lessines, Belgique · General meeting of 20-12-2019 · Gazette deed
Incorporation published on 04-06-2014 · Gazette deed
All 21 events

Comparable companies

same main activity, similar in size and age
Company
MB EVOLUTION Hotton €211,041 €37,683 54.0% -
A&M DESIGN Braine-le-Comte €209,222 €41,217 41.8% -
Charmaison Beyne-Heusay €202,950 €39,695 45.9% -
HOUTATELIER ANDERS Tongeren-Borgloon €198,176 €33,498 43.0% -
WOOD'ID Charleroi €198,141 €39,011 2.7% -
MENUISERIE JP ET RENAUD CAREME Anthisnes €226,951 €43,730 82.6% -
ROSEN ERIC Waimes €194,441 €41,183 51.0% -

These companies have the same main activity as MB EVOLUTION: joinery installation (NACE 43320). They are comparable in size and age: total assets between €194,000 and €227,000, founded between 2013 and 2015.

Official details

Source: KBO
Status
Active since 22-05-2014Normal situation
Activity
Joinery installationNACE 43320
Establishment unit
2.232.661.9656990 Hotton, since 22-05-2014
Financial year end
31 December
Peppol
Reachable since 23-01-2026
Company details

Annual accounts 2025

€211,041▼ 9.1%
Filing
Filed on 30-09-2026
Financials

Insights on MB EVOLUTION

MB EVOLUTION files the micro format. That format states no turnover. The gross margin rose from €7,645 in 2014 to €37,683 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about MB EVOLUTION

What is the company number of MB EVOLUTION?
The company number of MB EVOLUTION is 0552.870.504. The VAT number is the same number with BE in front: BE 0552.870.504.
Where is MB EVOLUTION based?
The registered office is at Rue de Barvaux, Hotton 25, 6990 Hotton.Company details
What does MB EVOLUTION do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of MB EVOLUTION?
MB EVOLUTION is a private limited company (BV).
When was MB EVOLUTION founded?
MB EVOLUTION was founded on 22-05-2014.
Is MB EVOLUTION still active?
Yes, MB EVOLUTION is an active enterprise in the KBO register.
What is the turnover of MB EVOLUTION?
The turnover in financial year 2025 is ≈ €230,000. This figure is estimated from the gross margin of €37,683 and 32 comparable companies (NACE 43320). It probably lies between €170,000 and €390,000. In financial year 2024 turnover was €279,403.Financials
Is MB EVOLUTION profitable?
In financial year 2025, MB EVOLUTION made a profit of €3,366.
Where can I find the annual accounts of MB EVOLUTION?
MB EVOLUTION filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MB EVOLUTION due?
MB EVOLUTION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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