MB PAY
ActiveMB PAY has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €252k and a net result of €95k. Equity is growing by ~35.3% per year across the filed fiscal years. Its solvency ranks better than 67% of 11282 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability98▼-1
Solvency88▼-12
Growth78=
Track record94
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 2.64 against 6.88 in 2024; short-term debt: 36% and cash: 83.9% of total assets), and 36.8% of the assets are financed with debt.
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 · 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
63.2%
Return on assets
23.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
30 d early
2024
49 d early
2023
31 d early
2022
8 d late
2021
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€252k▼ 9.8%
2024 · €279k
2021: €55k
2022: €123k
2023: €199k
2024: €279k
2021 → 2025
Total assets
€399k▲ 18.9%
2024 · €336k
2021: €90k
2022: €253k
2023: €288k
2024: €336k
2021 → 2025
Net result
€95k▲ 17.2%
2024 · €81k
2021: €54k
2022: €68k
2023: €76k
2024: €81k
2021 → 2025
Working capital
€236k▼ 11.9%
2024 · €268k
2021: €48k
2022: €110k
2023: €186k
2024: €268k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€55k-€123k▲ 124%€199k▲ 61.7%€279k▲ 40.6%€252k▼ 9.8%
Operating result€72k-€95k▲ 32.2%€107k▲ 12.6%€119k▲ 11.4%€137k▲ 15.4%
Net result€54k-€68k▲ 26.7%€76k▲ 11.3%€81k▲ 6.4%€95k▲ 17.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 15% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €399k
Fixed assets
€19k▼ 12.3%
Current assets
€379k▲ 21.2%
Equity and liabilities €399k
Equity
€252k▼ 9.8%
Debt
€147k▲ 161%
The debt ratio rises from 16.7% to 36.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€148k▲
2024 · €129k
Cash flow
€105k▲
2024 · €91k
Solvency
63.2%▼
2024 · 83.3%
Current ratio
2.64▼
2024 · 6.88
Quick ratio
2.62▼
2024 · 6.83
Debt / equity
0.58▲
2024 · 0.20
ROE
37.5%▲
2024 · 28.9%
ROA
23.7%▼
2024 · 24.1%
Interest coverage
236.50▲
2024 · 149.34
Debt
€147k▲
2024 · €56k
Debt ≤ 1 year
€144k▲
2024 · €45k
Debt > 1 year
€3k▼
2024 · €11k
Income taxes
€46k▲
2024 · €38k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€336k€399k▲
Formation expenses20€479€52▼
Fixed assets21/28€22k€19k▼
Tangible fixed assets22/27€22k€19k▼
Furniture and vehicles24€22k€12k▼
Other tangible fixed assets26-€7k
Financial fixed assets28€363€363=
Current assets29/58€313k€379k▲
Stocks and contracts in progress3€2k€2k▼
Stocks30/36€2k€2k▼
Amounts receivable within one year40/41€25k€40k▲
Trade receivables40€25k€40k▲
Other amounts receivable41-€27
Cash at bank and in hand54/58€284k€335k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€336k€399k▲
Equity10/15€279k€252k▼
Contributions10/11€1k€1k=
Reserves13€278k€251k▼
Distributable reserves133€278k€251k▼
Amounts payable17/49€56k€147k▲
Amounts payable after more than one year17€11k€3k▼
Financial debts170/4€11k€3k▼
Amounts payable within one year42/48€45k€144k▲
Current portion of amounts payable after more than one year42€8k€8k▲
Trade debts44€3k€14k▲
Suppliers440/4€3k€14k▲
Taxes, remuneration and social security45€17k€48k▲
Taxes450/3€17k€48k▲
Other amounts payable47/48€19k€74k▲
Accrued charges and deferred income492/3€114€308▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€8k-
Other operating charges640/8€2k€2k▲
Gross operating margin9900€139k€150k▲
Operating profit (loss)9901€119k€137k▲
Financial income75/76B€387€3k▲
Recurring financial income75€387€3k▲
Financial charges65/66B€864€624▼
Recurring financial charges65€864€624▼
Profit (loss) for the period before taxes9903€119k€140k▲
Income taxes67/77€38k€46k▲
Profit (loss) for the period9904€81k€95k▲
Profit (loss) for the period to be appropriated9905€81k€95k▲
Appropriation of the result
Profit (loss) to be appropriated9906€81k€95k▲
Transfer from equity791/2-€122k
Transfer to equity691/2€81k€95k▲
To other reserves6921€81k€95k▲
Profit to be distributed694/7-€122k
Return on contributions (dividend)694-€122k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2021net €95k ▲17.2%
Operating result €137k, net result €95k, both a record.
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €279k ▲40.6%
4 profitable years in a row build equity to €279k.
30-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150kEq €199k ▲61.7%
3 profitable years in a row build equity to €199k.
08-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 8 days late
2022
31-12
Financial
Equity above €100kEq €123k ▲124%
2 profitable years in a row build equity to €123k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 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, Tournai · 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.
Rue de Riège(G-R) 77530 TournaiGround area
1,146 m²
Building footprint
117 m²
Volume, LiDAR
636 m³
Parcel 57033A0344/00C000, Wallonia · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MB PAY
since 20202.311.297.390
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57033A0344/00C000 | Wallonia | 1,146 m² | 1 · 117 m² | 7.2 m · 2 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.
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AUTOSWITCH
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ADBV-POOLS
BE 0896.034.926
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ET & H
BE 0473.180.054
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AJ MOTORS
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Of 4,422 companies in sector 46180 we hold annual accounts for 1,886. 1,330 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-12-2020
Fiscal year end31-12
Activities, NACEBEL
46180Agents specialised in the wholesale of other particular products
70200Business and other management consultancy
70220Business consulting
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.