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MB Service & Onderhoud

Active
Private limited companyfounded 201510 yrs activeVerloren Kost +61, 3680 Maaseik, BelgiumKBO/BCE: BE 0644.598.157

MB Service & Onderhoud has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €125k and a net result of €21k. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 50% of 1633 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2024
74 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability78▼-2
Solvency72=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 2.83 against 3.16 in 2023; short-term debt: 15.5% and cash: 23.5% of total assets), but 53.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies more bankruptcies →
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 19-06-2025, 42 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
not confirmed
2024
42 d early
2023
40 d early
2022
38 d early
2021
4 d late
2020
13 d late
2019
1 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€125k▲ 19.9%
2023 · €104k
2018: €91k 2019: €92k 2020: €94k 2021: €102k 2022: €84k 2023: €104k
2018 → 2024
Total assets
€268k▲ 20.5%
2023 · €222k
2018: €163k 2019: €286k 2020: €239k 2021: €246k 2022: €221k 2023: €222k
2018 → 2024
Net result
€21k▲ 1.9%
2023 · €20k
2018: €10k 2019: €2k 2020: €2k 2021: €8k 2022: €8k 2023: €20k
2018 → 2024
Working capital
€76k▲ 2.7%
2023 · €74k
2018: €76k 2019: €63k 2020: €57k 2021: €69k 2022: €55k 2023: €74k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€94k-€102k▲ 8.4%€84k▼ 18.3%€104k▲ 24.2%€125k▲ 19.9%
Operating result€9k-€13k▲ 44.8%€14k▲ 4.9%€29k▲ 109%€31k▲ 5.2%
Net result€2k-€8k▲ 271%€8k▲ 6.6%€20k▲ 139%€21k▲ 1.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20k€30kOperating result 2020: €9k€9kNet result 2020: €2k€2kOperating result 2021: €13k€13kNet result 2021: €8k€8kOperating result 2022: €14k€14kNet result 2022: €8k€8kOperating result 2023: €29k€29kNet result 2023: €20k€20kOperating result 2024: €31k€31kNet result 2024: €21k€21k20202021202220232024
The operating result has risen four years in a row; 2024 is 5% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €268k
Fixed assets €150k▲ 31.8%
Current assets €118k▲ 8.6%
Equity and liabilities €268k
Equity €125k▲ 19.9%
Debt €143k▲ 21.0%
The debt ratio rises from 53.2% to 53.4%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€49k
2023 · €39k
Cash flow
€39k
2023 · €30k
Solvency
46.6%
2023 · 46.8%
Current ratio
2.83
2023 · 3.16
Quick ratio
2.46
2023 · 2.41
Debt / equity
1.15
2023 · 1.14
ROE
16.6%
2023 · 19.5%
ROA
7.7%
2023 · 9.1%
Interest coverage
13.89
2023 · 16.22
Debt
€143k
2023 · €118k
Debt ≤ 1 year
€42k
2023 · €34k
Debt > 1 year
€101k
2023 · €84k
Income taxes
€9k
2023 · €8k
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€222k€268k
Fixed assets21/28€114k€150k
Intangible fixed assets21€2k€3k
Tangible fixed assets22/27€112k€147k
Land and buildings22€109k€109k
Plant, machinery and equipment23€2k€2k
Furniture and vehicles24€589€37k
Current assets29/58€109k€118k
Stocks and contracts in progress3€26k€15k
Stocks30/36€26k€15k
Amounts receivable within one year40/41€45k€33k
Trade receivables40€37k€17k
Other amounts receivable41€8k€16k
Current investments50/53€6k€6k=
Cash at bank and in hand54/58€31k€63k
Deferred charges and accrued income490/1€248€535
Equity and liabilities
Total equity and liabilities10/49€222k€268k
Equity10/15€104k€125k
Contributions10/11€12k€12k=
Reserves13€92k€112k
Distributable reserves133€92k€112k
Amounts payable17/49€118k€143k
Amounts payable after more than one year17€84k€101k
Financial debts170/4€84k€101k
Amounts payable within one year42/48€34k€42k
Current portion of amounts payable after more than one year42€9k€17k
Trade debts44€15k€24k
Suppliers440/4€15k€24k
Advances received on contracts in progress46€4k-
Taxes, remuneration and social security45€805€805=
Taxes450/3€805€805=
Other amounts payable47/48€6k-
Income statement Code20232024
Non-recurring operating income76A-€413
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€18k
Other operating charges640/8€3k€2k
Gross operating margin9900€41k€51k
Operating profit (loss)9901€29k€31k
Financial income75/76B€1k€2k
Recurring financial income75€1k€2k
Financial charges65/66B€2k€4k
Recurring financial charges65€2k€4k
Profit (loss) for the period before taxes9903€28k€29k
Income taxes67/77€8k€9k
Profit (loss) for the period9904€20k€21k
Profit (loss) for the period to be appropriated9905€20k€21k
Appropriation of the result
Profit (loss) to be appropriated9906€20k€21k
Transfer to equity691/2€20k€21k
To other reserves6921€20k€21k

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
19-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €21k ▲1.9%
Operating result €31k, net result €21k, both a record.
21-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Equity above €100kEq €104k ▲24.2%
6 profitable years in a row build equity to €104k.
23-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
04-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
31-12
Financial Equity above €100kEq €102k ▲8.4%
4 profitable years in a row build equity to €102k.
13-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
30-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Weakest financial yearnet €2k ▼84.5%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
27-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
10-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Maaseik · 1 establishment unit since 2015
establishment approximate The establishment unit on the map
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.

Verloren Kost +613680 Maaseik
Ground area
199 m²
Parcel 72021A1553/00G000, Flanders. Linked by address, not a title deed.
1 establishment unit
MB SERVICE & ONDERHOUD BVBA
Verloren Kost +61, 3680 MaaseikRepair, maintenance and installation of machinery and equipment
since 20152.254.692.744
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72021A1553/00G000 Flanders 199 m² - -
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.

Similar companies · same sector, comparable size

Of 887 companies in sector 33110 we hold annual accounts for 440. 341 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded17-12-2015
Fiscal year end31-12
Activities, NACEBEL
33110Repair and maintenance of fabricated metal products
Sources
Crossroads Bank for EnterprisesNational Bank · 9 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.