MB REAL ESTATE
The computed 12-month bankruptcy probability of MB REAL ESTATE is 2.6% (moderate). The 2024 annual accounts show negative equity (€-328k) and a net result of €-354k. Equity is shrinking by ~422.5% per year across the filed fiscal years. Its solvency ranks better than 23% of 6721 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-328k |
| Net result | €-354k |
| Staff (FTE) | 3.4 |
| Better than sector | 23% |
Mixed profile: strong on profitability, weaker on health.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -8.5% | 20.4% | |
| Net result | €-354k | €4k | |
| Equity | €-328k | €16k | |
| Gross operating margin | €247k | €24k | |
| Staff costs | €108k | €33k |
Show 11 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €139k |
| Net profit | €-354k |
| Cash flow | €137k |
| Staff costs | €108k |
| Income taxes | - |
| Dividends | - |
| Total assets | €3.88M |
| Equity | €-328k |
| Debt | €4.21M |
| of which ≤ 1y | €844k |
| of which > 1y | €3.36M |
| Working capital | €-810k |
| Employees (FTE) | 3.4 |
| 2024 | |
|---|---|
| Current ratio | 0.04 |
| Quick ratio | 0.02 |
| Working capital ratio | -20.9% |
| Solvency | -8.5% |
| Debt / equity | -12.81 |
| Long-term debt ratio | -10.24 |
| Interest coverage | 81.75 |
| Gross margin | - |
| Net margin | - |
| ROA | -9.1% |
| ROE | 108.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (25 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €3.88M |
| Fixed assets | 21/28 | €3.84M |
| Intangible fixed assets | 21 | €3k |
| Tangible fixed assets | 22/27 | €3.84M |
| Financial fixed assets | 28 | €600 |
| Current assets | 29/58 | €34k |
| Stocks & contracts in progress | 3 | €14k |
| Amounts receivable within one year | 40/41 | €6k |
| Cash & bank | 54/58 | €14k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.88M |
| Equity | 10/15 | €-328k |
| Contributions / capital | 10/11 | €5k |
| Reserves | 13 | €21k |
| Accumulated profits (losses) | 14 | €-354k |
| Amounts payable | 17/49 | €4.21M |
| Amounts payable after one year | 17 | €3.36M |
| Amounts payable within one year | 42/48 | €844k |
| Trade debts payable within one year | 44 | €80k |
| Income statement | ||
| Gross operating margin | 9900 | €247k |
| Operating result | 9901 | €-353k |
| Financial income | 75 | €1 |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €-354k |
| Net result for the period | 9904 | €-354k |
| Result to be appropriated | 9905 | €-354k |
| NACE primary | Detailhandel in chocolade en suikerwerk(47242) |
| Legal form | Private limited company(610) |
| Incorporation | 25-06-2021 |
| Status | Active |
| Postal code | 8000 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31806F0590/00A000 ProtectedMonument · Townscape or village viewSpiegelrei, Gouden-Handrei en Sint-Annarei met omgevingSource ↗ |
Flanders | 204 m² | 1 · 113 m² | 13.6 m · 4 fl. |
| 31803C0215/00A000 ProtectedTownscape or village viewDijver, Arentshuis, Gruuthuse en Onze-Lieve-Vrouwekerk met omgevingSource ↗ |
Flanders | 159 m² | 1 · 166 m² | 13.8 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
04-02-2026 Articles of association amended
Technical details
{
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"statute_change": {
"name_change": true,
"seat_change": false,
"object_change": false,
"effective_date": "2026-02-02",
"legal_form_change": false
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0770.337.475",
"name_full": "MAISON BONBON",
"legal_form": "BV"
},
"signature_regime": null,
"special_mandates": [],
"governance_change": {
"admin_delegated_added": []
}
}26-03-2025 Registered office moved from Damme to Brugge
- Nieuwdorpstraat 3, 8340 Damme → Spiegelrei 7, 8000 Brugge
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Brugge",
"region": "Vlaams Gewest",
"street": "Spiegelrei",
"country": "BE",
"postcode": "8000",
"box_number": null,
"street_number": "7"
},
"old_address": {
"city": "Damme",
"region": "Vlaams Gewest",
"street": "Nieuwdorpstraat",
"country": "BE",
"postcode": "8340",
"box_number": null,
"street_number": "3"
},
"effective_date": "2025-01-01",
"evidence_quote": "De vergadering beslist dat de zetel van de vennootschap zal worden verplaatst van Nieuwdorpstraat 3, 8340 Damme naar Spiegelrei 7, 8000 Brugge, en dit vanaf 01/01/2025."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0770.337.475",
"name_full": "MAISON BONBON",
"legal_form": "BV"
}
}29-06-2021 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "8340 Damme, Nieuwdorpstraat 3",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1984-01-21",
"name": "DE MUYT, Klaas Maria Gentiel",
"niss": null,
"address": "8340 Damme, Doornstraat 36"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 2500,
"holder_person_name": "DE MUYT, Klaas Maria Gentiel",
"is_subscriber_only": true,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 2500,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1987-06-30",
"name": "CAUS, Maxime Alexander Benjamin",
"niss": null,
"address": "8340 Damme, Nieuwdorpstraat 3"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 2500,
"holder_person_name": "CAUS, Maxime Alexander Benjamin",
"is_subscriber_only": true,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 2500,
"is_anonymous_silent_partner": false
},
{
"org": {
"kbo": "0599.993.401",
"name": "KADEEM"
},
"kind": "rechtspersoon",
"person": null,
"share_class": null,
"partner_role": null,
"holder_org_kbo": "0599.993.401",
"holder_org_name": "KADEEM",
"contribution_type": null,
"amount_paid_in_eur": 0,
"holder_person_name": null,
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"n_shares_subscribed": 0,
"amount_subscribed_eur": 0,
"is_anonymous_silent_partner": false
},
{
"org": {
"kbo": "0809.878.932",
"name": "MAXIME CAUS MANAGEMENT"
},
"kind": "rechtspersoon",
"person": null,
"share_class": null,
"partner_role": null,
"holder_org_kbo": "0809.878.932",
"holder_org_name": "MAXIME CAUS MANAGEMENT",
"contribution_type": null,
"amount_paid_in_eur": 0,
"holder_person_name": null,
"is_subscriber_only": true,
"n_shares_subscribed": 0,
"amount_subscribed_eur": 0,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 5000,
"subject_company": {
"kbo": "0770.337.475",
"name_full": "MAISON BONBON",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2021-06-24",
"post_incorporation_mandates": []
}| Legal nameNL | MB REAL ESTATE |