MB VOLET
ActiveSummary
MB VOLET has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32,515 and a net result of €18,646. Equity is growing by ~13.8% per year across the filed fiscal years. Its solvency ranks better than 48% of 132 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability94▲+78
Solvency61▲+18
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity tight (current ratio 1.44 against 1.17 in 2024; short-term debt: 55.5% and cash: 12.6% of total assets), and 64.2% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 22
Relative position
BE, all sectors
reference
Manufacture of rubber and plastic products (NACE 22)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
35.8%
Return on assets
20.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
51 d early
2023
15 d early
2022
26 d early
2021
24 d early
2020
30 d early
2019
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 25 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 7 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€18,646
2024 · -€7,382
Working capital
€22,339▲ 166%
2024 · €8,403
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 22, Manufacture of rubber and plastic products, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€2,186▼ 77.1%€8,299▲ 280%-€8,312-€5,700▲ 31.4%€21,205
Net result€2,117within the sector's middle half▼ 78.3%€7,183within the sector's middle half▲ 239%-€9,404below the sector's middle half-€7,382within the sector's middle half▲ 21.5%€18,646within the sector's middle half
Equity€23,471within the sector's middle half▲ 9.9%€30,655within the sector's middle half▲ 30.6%€21,251within the sector's middle half▼ 30.7%€13,869within the sector's middle half▼ 34.7%€32,515within the sector's middle half▲ 134%
Total assets€61,640below the sector's middle half▲ 2.6%€97,886within the sector's middle half▲ 58.8%€89,269within the sector's middle half▼ 8.8%€78,832within the sector's middle half▼ 11.7%€90,948within the sector's middle half▲ 15.4%
Debt€38,168▼ 1.5%€67,231▲ 76.1%€68,018▲ 1.2%€64,963▼ 4.5%€58,433▼ 10.1%
Working capital€21,307within the sector's middle half▲ 24.7%€32,553within the sector's middle half▲ 52.8%€18,001within the sector's middle half▼ 44.7%€8,403within the sector's middle half▼ 53.3%€22,339within the sector's middle half▲ 166%
Solvency38.1%within the sector's middle half▲ 2.5pp31.3%within the sector's middle half▼ 6.8pp23.8%within the sector's middle half▼ 7.5pp17.6%within the sector's middle half▼ 6.2pp35.8%within the sector's middle half▲ 18.2pp
Current ratio1.56within the sector's middle half▲ 0.121.58within the sector's middle half▲ 0.021.41within the sector's middle half▼ 0.161.17within the sector's middle half▼ 0.241.44within the sector's middle half▲ 0.27
Return on assets (ROA)3.4%within the sector's middle half▼ 12.8pp7.3%within the sector's middle half▲ 3.9pp-10.5%below the sector's middle half▼ 17.9pp-9.4%below the sector's middle half▲ 1.2pp20.5%above the sector's middle half▲ 29.9pp
above
within
below
the middle half (P25 to P75) of NACE 22, Manufacture of rubber and plastic products, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €21,205 after a loss of €5,700 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €90,948
Fixed assets
€18,165 ▼ 16.8%
Current assets
€72,782 ▲ 27.7%
Equity and liabilities €90,948
Equity
€32,515 ▲ 134%
Debt
€58,433 ▼ 10.1%
Debt's share of the balance-sheet total falls from 82.4% to 64.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€28,268▲
2024 · €1,874
Cash flow
€25,708▲
2024 · €192
Quick ratio
0.50▲
2024 · 0.20
Debt to equity
1.80▼
2024 · 4.68
ROE
57.3%▲
2024 · -53.2%
Interest coverage
19.67▲
2024 · 1.07
Debt ≤ 1 year
€50,443▲
2024 · €48,604
Debt > 1 year
€7,989▼
2024 · €16,358
Income taxes
€1,127
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,101 | €881 | €5,669 | €7,574 | €7,063 | ▼ 6.7% |
| Other operating charges640/8 | €1,080 | €1,444 | €1,220 | €1,218 | €1,644 | ▲ 35.0% |
| Gross operating margin9900 | €5,366 | €10,624 | -€1,423 | €3,092 | €29,912 | ▲ 867% |
| Operating profit (loss)9901 | €2,186 | €8,299 | -€8,312 | -€5,700 | €21,205 | ▲ 472% |
| Financial income75/76B | €1,119 | €1,171 | €766 | €61 | €4 | ▼ 92.9% |
| Recurring financial income75 | €1,119 | €1,171 | €766 | €61 | €4 | ▼ 92.9% |
| Financial charges65/66B | €361 | €491 | €1,792 | €1,743 | €1,437 | ▼ 17.6% |
| Recurring financial charges65 | €361 | €491 | €1,792 | €1,743 | €1,437 | ▼ 17.6% |
| Profit (loss) for the period before taxes9903 | €2,943 | €8,978 | -€9,337 | -€7,382 | €19,772 | ▲ 368% |
| Income taxes67/77 | €826 | €1,795 | €67 | - | €1,127 | - |
| Profit (loss) for the period9904 | €2,117 | €7,183 | -€9,404 | -€7,382 | €18,646 | ▲ 353% |
| Profit (loss) for the period to be appropriated9905 | €2,117 | €7,183 | -€9,404 | -€7,382 | €18,646 | ▲ 353% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €61,640 | €97,886 | €89,269 | €78,832 | €90,948 | ▲ 15.4% |
| Fixed assets21/28 | €2,165 | €8,918 | €27,796 | €21,824 | €18,165 | ▼ 16.8% |
| Tangible fixed assets22/27 | €2,165 | €8,918 | €27,796 | €21,824 | €18,165 | ▼ 16.8% |
| Plant, machinery and equipment23 | €2,164 | €8,918 | €27,796 | €21,824 | €17,085 | ▼ 21.7% |
| Furniture and vehicles24 | €0 | - | - | - | €1,080 | - |
| Current assets29/58 | €59,475 | €88,968 | €61,474 | €57,007 | €72,782 | ▲ 27.7% |
| Stocks and contracts in progress3 | €39,892 | €47,867 | €49,488 | €47,345 | €47,475 | ▲ 0.3% |
| Stocks30/36 | €39,892 | €47,867 | €49,488 | €47,345 | €47,475 | ▲ 0.3% |
| Amounts receivable within one year40/41 | €15,762 | €26,486 | €6,074 | €3,835 | €12,739 | ▲ 232% |
| Trade receivables40 | €15,762 | €26,486 | €6,074 | €3,835 | €12,739 | ▲ 232% |
| Cash at bank and in hand54/58 | €3,821 | €14,615 | €5,413 | €5,517 | €11,465 | ▲ 108% |
| Deferred charges and accrued income490/1 | - | - | €498 | €310 | €1,103 | ▲ 256% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €61,640 | €97,886 | €89,269 | €78,832 | €90,948 | ▲ 15.4% |
| Equity10/15 | €23,471 | €30,655 | €21,251 | €13,869 | €32,515 | ▲ 134% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,018 | €1,018 | €1,018 | €1,018 | €1,018 | = |
| Non-distributable reserves130/1 | €1,018 | €1,018 | - | - | - | - |
| Reserves not available under the articles1311 | €1,018 | €1,018 | - | - | - | - |
| Distributable reserves133 | - | - | €1,018 | €1,018 | €1,018 | = |
| Profit (loss) carried forward14 | €3,853 | €11,037 | €1,633 | -€5,749 | €12,897 | ▲ 324% |
| Amounts payable17/49 | €38,168 | €67,231 | €68,018 | €64,963 | €58,433 | ▼ 10.1% |
| Amounts payable after more than one year17 | - | €10,816 | €24,546 | €16,358 | €7,989 | ▼ 51.2% |
| Financial debts170/4 | - | €10,816 | €24,546 | €16,358 | €7,989 | ▼ 51.2% |
| Amounts payable within one year42/48 | €38,168 | €56,415 | €43,473 | €48,604 | €50,443 | ▲ 3.8% |
| Current portion of amounts payable after more than one year42 | - | - | €7,497 | €8,011 | €8,366 | ▲ 4.4% |
| Trade debts44 | €8,080 | €23,578 | €13,825 | €10,355 | €4,848 | ▼ 53.2% |
| Suppliers440/4 | €8,080 | €23,578 | €13,825 | €10,355 | €4,848 | ▼ 53.2% |
| Taxes, remuneration and social security45 | €9,030 | €8,068 | €7,242 | €4,613 | €10,622 | ▲ 130% |
| Taxes450/3 | €6,230 | €5,268 | €4,442 | €2,913 | €8,922 | ▲ 206% |
| Remuneration and social security454/9 | €2,800 | €2,800 | €2,800 | €1,700 | €1,700 | = |
| Other amounts payable47/48 | €21,059 | €24,768 | €14,908 | €25,625 | €26,607 | ▲ 3.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,117 | €7,183 | -€9,404 | -€7,382 | €18,646 | ▲ 353% |
| + Depreciation and write-downs630 | €2,101 | €881 | €5,669 | €7,574 | €7,063 | ▼ 6.7% |
| Operating cash flow (approximation) | €4,218 | €8,065 | -€3,735 | €192 | €25,708 | ▲ 13,316% |
| Investment in fixed assets (approximation) | - | -€7,635 | -€24,547 | -€1,602 | -€3,404 | ▼ 112% |
| Change in cash | - | €10,793 | -€9,201 | €104 | €5,948 | ▲ 5,616% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
08-06
State Gazette act
Appointment: Virginie Vermeulen (director)2 facts ▸
State Gazette act
Appointment: Virginie Vermeulen (director)
2 facts ▸
- General meeting, 22-04-2026
- Director appointment, Virginie Vermeulen (director)
2025
31-12
Financial
Back to profitnet €18,646
Net result €18,646 after 2 loss-making years.
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €9,952
Net result €9,952 after one loss-making year.
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts
Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
Virginie Vermeulen
CurrentDirector · since 01-04-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
4 of this company's 5 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Mons · 1 establishment unit since 2007
Ground area
578 m²
Building footprint
83 m²
Volume, LiDAR
609 m³
Parcel 53059D0009/00K002, Wallonia · tallest building 15.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MB VOLET
since 20072.159.915.133
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53059D0009/00K002 | Wallonia | 578 m² | 1 · 83 m² | 15.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
1 person since 2026, 1 in office
- Board
| Name | Functions and periods |
|---|---|
| Virginie Vermeulen |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
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Shareholding
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Company details
Identification
Legal formPrivate limited company
Founded16-02-2007
Fiscal year end31-12
Activities, NACEBEL 2025
22240Manufacture of rubber and plastic products
46190Agents in non-specialised wholesale trade
47521Retail sale of hardware, building materials, paint and glass (general range)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0887307302
Registered
09-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.