Equity
-€29,330
Debts exceed assets in financial year 2025.
MB REPAIR
Lifetime
4 annual accounts with figures on one time axispeak €25,486 (2024)
-€14,152▼ €39,639
lowest -€34,673 (2025)
-€34,673▼ €43,379
peak €5,343 (2024)
-€29,330▼ €34,673
€61,901▲ 54.7%
Board3 names since 2022
1 directorBOUTAR Mohamed
Documentsfilings and deeds
27-08-202627 days late
2025micro format
Gross margin from €25,486 to -€14,152Loss of €34,673Appointment: Mohamed Bouayache (director) 15-07Equity from €5,343 to -€29,330Debts from €40,024 to €61,901Cash from €11,496 to €7,975
Key points
from the 2025 annual accountsDebts
€61,901 190% of the balance sheet
Suppliers 2%Taxes and wages 48%Other 49%
Position in the sector
-90.0%
Lower solvency than 95% of companies in specialised construction. Sector median 46.7% · 35,136 companies.
2025 accounts filed 27 days after the deadlineTurnover not published (micro format)
Checked score
50
Fair
Financially stronger than 7% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.3%
01-2025: 3.3%● unchanged vs 12-2024
02-2025: 3.3%● unchanged vs 01-2025
03-2025: 7.3%▲ +4.0 percentage points vs 02-2025
04-2025: 7.2%▼ -0.1 percentage points vs 03-2025
05-2025: 7.2%● unchanged vs 04-2025
06-2025: 7.2%● unchanged vs 05-2025
07-2025: 7.6%▲ +0.4 percentage points vs 06-2025
08-2025: 8.0%▲ +0.4 percentage points vs 07-2025highest value
09-2025: 2.2%▼ -5.8 percentage points vs 08-2025
10-2025: 2.2%● unchanged vs 09-2025
11-2025: 2.2%● unchanged vs 10-2025
12-2025: 2.2%● unchanged vs 11-2025
01-2026: 2.1%▼ -0.1 percentage points vs 12-2025
02-2026: 2.1%● unchanged vs 01-2026
03-2026: 2.2%▲ +0.1 percentage points vs 02-2026
04-2026: 1.9%▼ -0.3 percentage points vs 03-2026lowest value
05-2026: 1.9%● unchanged vs 04-2026
06-2026: 1.9%● unchanged vs 05-2026
07-2026: 2.0%▲ +0.1 percentage points vs 06-2026
08-2026: 2.5%▲ +0.5 percentage points vs 07-2026
09-2026: 2.3%▼ -0.2 percentage points vs 08-2026
10-2026: 2.3%● unchanged vs 09-2026
11-2026: 2.3%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Negative equity -€29,330
Last filed accounts filed 27 days late; 1 of the last 3 accounts late
lowers risk
Size: total assets €32,571
Liquidity: current ratio 0.21, cash €7,975
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 3% of them on solvency, 19% on liquidity, 4% on profitability and 0% on growth.
The bankruptcy probability was computed on 09-11-2026 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 moderate class on 30-06-2025, 2.4% 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, 7,639 companies had the same profile as MB REPAIR has now. Each dot stands for 20 companies, two years later.
84.7%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MB REPAIR itself: 2.3% within 12 months.
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.
| 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 7,639 companies, not a prediction for MB REPAIR. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.21 (0.32 in 2024), below 1. Short-term debt is 190% and cash 24.5% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year -€29,330
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 4 filingsDeviation from the deadline
2025
27 days late
2024
18 days late
2023
327 days late
2022
693 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 266 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 25 January (3 of the last 4 accounts filed within 160 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0789683928
Appointment: Mohamed Bouayache (director)
General meeting of 07-07-2025 · Gazette deed
Appointment: Boutar, Jawad (director)
General meeting of 17-07-2024 · Gazette deed
First establishment
Georges Lorandstraat 3, Ixelles
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MB REPAIR Sint-Genesius-Rode | €32,571 | -€14,152 | -90.0% | - |
| COSA Ghent | €32,821 | -€3,521 | 89.7% | - |
| GIES TECHNICS Alken | €33,140 | -€32,363 | -53.0% | - |
| GLOED Mortsel | €29,968 | -€22,209 | 0.2% | - |
| Las- en Konstruktiebedrijf Niekamp Belgium Antwerp | €27,212 | -€5,047 | -848.4% | - |
| NJS COMFORT Sint-Genesius-Rode | €23,610 | -€12,911 | 48.8% | - |
| Hln & Co Meise | €25,722 | -€5,433 | 32.4% | - |
These companies have the same main activity as MB REPAIR: plumbing work (NACE 43221). They are comparable in size and age: total assets between €23,600 and €33,100, founded between 2021 and 2023.
Official details
Source: KBO- Status
- Active since 16-08-2022Normal situation
- Activity
- Plumbing workNACE 43221and 5 others
- Establishment unit
- 2.337.702.6711050 Ixelles, since 27-10-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 27-12-2025
Insights on MB REPAIR
MB REPAIR files the micro format. That format states no turnover. The gross margin fell from -€5,762 in 2022 to -€14,152 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 REPAIR
- What is the company number of MB REPAIR?
- The company number of MB REPAIR is 0789.683.928. The VAT number is the same number with BE in front: BE 0789.683.928.
- Where is MB REPAIR based?
- The registered office is at Doornlarenhoofdstraat 6, 1640 Sint-Genesius-Rode.Company details
- What does MB REPAIR do?
- According to the KBO register, the main activity is plumbing work (NACE 43221).
- What is the legal form of MB REPAIR?
- MB REPAIR is a private limited company (BV).
- When was MB REPAIR founded?
- MB REPAIR was founded on 16-08-2022.
- Is MB REPAIR still active?
- Yes, MB REPAIR is an active enterprise in the KBO register.
- What is the turnover of MB REPAIR?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is MB REPAIR profitable?
- In financial year 2025, MB REPAIR made a loss of €34,673.
- Where can I find the annual accounts of MB REPAIR?
- MB REPAIR filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MB REPAIR due?
- MB REPAIR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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