MB SPEEDFIT
ActiveThe computed 12-month bankruptcy probability of MB SPEEDFIT is 2.6% (moderate). The 2024 annual accounts show equity of €29k and a net result of €352k. Equity is growing by ~23.8% per year across the filed fiscal years. Its solvency ranks better than 16% of 9979 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
Score 2024
89
/ 100
Excellent▲ +49 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency33▼-4
Growth85▲+33
Stability92
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 1.78 against 1.07 in 2023), but 92.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 9979 sector peers (2024).
NBB · sector comparisonPosition among 9979 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
56 d late
2023
31 d late
2022
32 d late
2021
13 d early
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2024, micro schema
Turnover
€422k▲ 66.1%
2021 · €254k
2021: €254k
2021 → 2024
EBIT margin
83.4%▲ 60.5pp
2021 · 22.9%
2021: 22.9%
2021 → 2024
Net result
€352k
2023 · €-4k
2021: €54k
2022: €17k
2023: €-4k
2021 → 2024
Working capital
€164k▲ 4,034%
2023 · €4k
2021: €2k
2022: €43k
2023: €4k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Turnover€254k-€422k
Equity€11k-€28k▲ 156%€23k▼ 15.9%€29k▲ 25.6%
Operating result€58k-€30k▼ 49.3%€1k▼ 96.4%€352k▲ 32,836%
Net result€54k-€17k▼ 68.5%€-4k€352k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 32,836% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €397k
Fixed assets
€22k▼ 43.1%
Current assets
€375k▲ 550%
Equity and liabilities €397k
Equity
€29k▲ 25.6%
Debt
€368k▲ 402%
The debt ratio rises from 75.8% to 92.6%: debt grows faster than equity.
Key figures and ratios
EBITDA
€365k▲
2023 · €7k
Cash flow
€365k▲
2023 · €2k
Solvency
7.4%▼
2023 · 24.2%
Current ratio
1.78▲
2023 · 1.07
Quick ratio
1.78▲
2023 · 1.07
Debt / equity
12.51▲
2023 · 3.13
ROA
88.6%▲
2023 · -4.6%
Interest coverage
1993.31▲
2023 · 2.25
Debt
€368k▲
2023 · €73k
Debt ≤ 1 year
€211k▲
2023 · €54k
Staff costs
€28k▲
2023 · €8k
A ratio outside any meaningful range has been withheld (balance sheet total €397k, equity €29k).
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€97k€397k▲
Fixed assets21/28€39k€22k▼
Tangible fixed assets22/27€39k€22k▼
Plant, machinery and equipment23€8k€755▼
Furniture and vehicles24€5k€16k▲
Leasing and similar rights25€24k€5k▼
Assets under construction and advance payments27€1k-
Financial fixed assets28€240-
Current assets29/58€58k€375k▲
Amounts receivable within one year40/41€36k€358k▲
Trade receivables40€20k€316k▲
Other amounts receivable41€16k€42k▲
Cash at bank and in hand54/58€20k€6k▼
Deferred charges and accrued income490/1€2k€11k▲
Equity and liabilities
Total equity and liabilities10/49€97k€397k▲
Equity10/15€23k€29k▲
Contributions10/11€2k€2k=
Revaluation surpluses12-€9k
Reserves13€9k€9k=
Distributable reserves133€9k€9k=
Profit (loss) carried forward14€13k€9k▼
Amounts payable17/49€73k€368k▲
Amounts payable after more than one year17€19k-
Financial debts170/4€19k-
Amounts payable within one year42/48€54k€211k▲
Current portion of amounts payable after more than one year42€4k-
Trade debts44€11k€19k▲
Suppliers440/4€11k€19k▲
Taxes, remuneration and social security45€26k€27k▲
Taxes450/3€21k€2k▼
Remuneration and social security454/9€4k€25k▲
Other amounts payable47/48€13k€165k▲
Accrued charges and deferred income492/3€856€157k▲
Income statement
Code20232024
Turnover70-€422k
Goods, raw materials, services and sundry goods60/61-€30k
Remuneration, social security and pensions62€8k€28k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€12k▲
Other operating charges640/8€5k€312▼
Gross operating margin9900€20k€393k▲
Operating profit (loss)9901€1k€352k▲
Financial income75/76B€102-
Recurring financial income75€102-
Financial charges65/66B€3k€183▼
Recurring financial charges65€3k€183▼
Profit (loss) for the period before taxes9903€-2k€352k▲
Income taxes67/77€2k-
Profit (loss) for the period9904€-4k€352k▲
Profit (loss) for the period to be appropriated9905€-4k€352k▲
Appropriation of the result
Profit (loss) to be appropriated9906€13k€352k▲
Profit (loss) brought forward from the previous period14P€17k-
Transfer to equity691/2-€260k
To contributions691-€251k
To the legal reserve6920-€9k
Profit to be distributed694/7-€83k
Directors or managers695-€83k
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
2025
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
2024
31-12
Financial
Back to profitnet €352k
Net result €352k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
02-08
KBO administration
Address struck
2023
31-12
Financial
Weakest financial yearnet €-4k ▼126%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 2.10
Current ratio from 1.02 to 2.10; short-term debt falls from €100k to €39k.
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Zoersel · 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.
Smissestraat 622980 ZoerselGround area
562 m²
Building footprint
117 m²
Volume, LiDAR
683 m³
Parcel 11055A0315/00P000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MB SPEEDFIT
since 20202.306.050.086
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11055A0315/00P000 | Flanders | 562 m² | 1 · 117 m² | 8.2 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.
Recognitions · licences · registrations
Recognised contractor
6 categoriesMB SPEEDFIT BV41805
Similar companies · same sector, comparable size
INNOVA BAT
BE 0783.244.415
Leuven · Eq €29k
MF SOLUTIONS
BE 0648.678.293
Hannut · Eq €29k
CD IN & OUT
BE 0823.605.521
Elsene · Eq €29k
Bouwwerken Fiers
BE 0740.537.689
Laarne · Eq €29k
ALB DECOR
BE 0635.488.471
Anderlecht · Eq €29k
Of 29,808 companies in sector 41001 we hold annual accounts for 16,038. 12,402 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-08-2020
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
42211Civil engineering
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.