Equity
€962,017 ▲ 0.3%
MB SPA has made a profit without a break since 2013.
MB SPA
Lifetime
19 annual accounts with figures on one time axis, 47 filings since 1978peak €562,767 (2023)
€413,736▼ 24.3%
lowest -€121,747 (2012)
€3,253▼ 97.4%
peak €962,017 (2025)
€962,017▲ 0.3%
€365,126▼ 12.3%
peak 8.4 FTE (2023)
8.4 FTE▲ 1.2%
Board2 names since 2011
2 directors and 1 other
Owners
100%
Documentsfilings and deeds
03-04-202627 days before the deadline
2025financial year
Gross margin from €546,819 to €413,736Result from €124,849 to €3,253Investments €63,286Cash from €149,204 to €96,170
Key points
from the 2025 annual accountsResult
€3,253 ▼ 97.4%
The result fell in 2025 from €124,849 to €3,253.
Investments
€63,286 2.0 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 12.8% higher than in 2024.
Staff
9 employees on 30-09-2025
In 2025, 1 person joined and 1 left.
Filings
47 annual accounts since 1978
The 2017 accounts came 3 days late. The other nine of the last ten were filed on time.
Position in the sector
72.5%
Higher solvency than 86% of companies in retail trade. Sector median 33.4% · 2,453 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 17,044 companies had the same profile as MB SPA has now. Each dot stands for 43 companies, two years later.
94.3%
were still trading
5.0%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 17,044 companies, not a prediction for MB SPA. 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
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Signals
Board and ownership
Director, since 15-03-2011
Director, since 15-03-2011
- 100%score equity €862,735 (2025) · 30-09-2025 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0417740495
2 directors resigning, 2 reappointments
Reappointments: (director) and (director) · Resignations: and · Permanent representative: · General meeting of 20-07-2023 · Gazette deed
First establishment
Avenue Reine Astrid 246, Spa
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MB SPA Malmedy | €1.3m | €413,736 | 72.5% | 8.4 |
| DUMOULIN Frères Malmedy | €0.8m | €372,255 | 24.3% | 7.5 |
| MAISON CORSWAREM Waremme | €1.4m | €543,201 | 73.9% | 7.6 |
| SAMBRE - BOIS Sambreville | €1.1m | €333,626 | 19.2% | 9 |
| QUADRUS Wavre | €1.1m | €496,909 | 5.2% | 6.6 |
| BRICO-SERVICE DEFLANDRE - POIRRIER Hotton | €1.1m | €521,194 | 66.4% | 9.2 |
| LA JARDINERIE DE BELOEIL Beloeil | €1.4m | €489,947 | 51.5% | 9.3 |
These companies have the same main activity as MB SPA: retail sale of hardware, building materials, paint and glass (general range) (NACE 47521). They are comparable in size and age: total assets between €844,000 and €1.4m, founded between 1971 and 1987.
Official details
Source: KBO- Status
- Active since 10-12-1977Normal situation
- Activity
- Retail sale of hardware, building materials, paint and glass (general range)NACE 47521and 3 others
- Joint committees
- 149.04Metal trade
- 201Independent retail · annual accounts 30-09-2025
- Establishment unit
- 2.015.312.7784900 Spa, since 10-12-1977
- Financial year end
- 30 September
- Peppol
- Reachable since 03-12-2025
Annual accounts to 30-09-2025
- ≈ €2.2mestimated
- €1.3m▼ 3.5%
- Employeeson 30-09-2025
- 9=
- Filing
- Filed on 03-04-2026, 27 days before the end of the filing period
Insights on MB SPA
MB SPA has been active since 1977 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €962,017 and a net result of €3,253.
Equity has been growing by about 13% per year since 2019. Its solvency ranks better than 87% of 2,453 sector peers (NACE 47, financial year 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 SPA
- What is the company number of MB SPA?
- The company number of MB SPA is 0417.740.495. The VAT number is the same number with BE in front: BE 0417.740.495.
- Where is MB SPA based?
- The registered office is at Avenue du Pont de Warche 26, 4960 Malmedy.Company details
- What does MB SPA do?
- According to the KBO register, the main activity is retail sale of hardware, building materials, paint and glass (general range) (NACE 47521).
- What is the legal form of MB SPA?
- MB SPA is a private limited company (BV).
- When was MB SPA founded?
- MB SPA was founded on 10-12-1977.
- Is MB SPA still active?
- Yes, MB SPA is an active enterprise in the KBO register.
- How many employees does MB SPA have?
- MB SPA had an average of 8.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does MB SPA fall under?
- In its 30-09-2025 annual accounts, MB SPA states joint committees 149.04 (Metal trade) and 201 (Independent retail).
- What is the turnover of MB SPA?
- The turnover in financial year 2025 is ≈ €2.2m. This figure is estimated from the gross margin of €413,736 and 31 comparable companies (NACE 475). It probably lies between €1.4m and €3.3m. In financial year 2023 turnover was €2.7m.
- Is MB SPA profitable?
- In financial year 2025, MB SPA made a profit of €3,253.
- Where can I find the annual accounts of MB SPA?
- MB SPA filed 47 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MB SPA due?
- MB SPA must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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