MBBUILD
ActiveMBBUILD has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.47M and a net result of €105k. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 90% of 13898 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
86
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability36▼-17
Solvency100▲+4
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity ample (current ratio 3.81 against 1.81 in 2024), and 11.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
88.5%
Return on assets
6.3%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 05-03-2026, 56 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
56 d early
2024
51 d early
2023
54 d early
2022
52 d early
2021
59 d early
2020
2 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.47M▲ 7.7%
2024 · €1.37M
2018: €1.10M
2019: €1.20M
2020: €938k
2021: €972k
2022: €1.07M
2023: €1.22M
2024: €1.37M
2018 → 2025
Total assets
€1.66M▼ 10.3%
2024 · €1.85M
2018: €1.60M
2019: €1.62M
2020: €1.69M
2021: €1.59M
2022: €1.66M
2023: €1.75M
2024: €1.85M
2018 → 2025
Net result
€105k▼ 27.2%
2024 · €144k
2018: €16k
2019: €91k
2020: €46k
2021: €34k
2022: €99k
2023: €151k
2024: €144k
2018 → 2025
Working capital
€507k▲ 31.9%
2024 · €384k
2018: €318k
2019: €376k
2020: €89k
2021: €67k
2022: €80k
2023: €219k
2024: €384k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€972k-€1.07M▲ 10.2%€1.22M▲ 14.1%€1.37M▲ 11.8%€1.47M▲ 7.7%
Operating result€61k-€162k▲ 165%€231k▲ 42.8%€216k▼ 6.6%€161k▼ 25.5%
Net result€34k-€99k▲ 191%€151k▲ 52.0%€144k▼ 4.5%€105k▼ 27.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 25% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.66M
Fixed assets
€975k▼ 2.1%
Current assets
€687k▼ 19.9%
Equity and liabilities €1.66M
Equity
€1.47M▲ 7.7%
Debt
€191k▼ 60.9%
The debt ratio falls from 26.3% to 11.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€219k▼
2024 · €268k
Cash flow
€163k▼
2024 · €196k
Solvency
88.5%▲
2024 · 73.7%
Current ratio
3.81▲
2024 · 1.81
Quick ratio
3.81▲
2024 · 1.81
Debt / equity
0.13▼
2024 · 0.36
ROE
7.1%▼
2024 · 10.6%
ROA
6.3%▼
2024 · 7.8%
Interest coverage
47.94▼
2024 · 222.53
Debt
€191k▼
2024 · €487k
Debt ≤ 1 year
€180k▼
2024 · €474k
Income taxes
€52k▼
2024 · €70k
Staff costs
€97k▼
2024 · €99k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.85M€1.66M▼
Fixed assets21/28€996k€975k▼
Tangible fixed assets22/27€996k€975k▼
Land and buildings22€950k€930k▼
Plant, machinery and equipment23€26k€28k▲
Furniture and vehicles24€20k€17k▼
Current assets29/58€858k€687k▼
Amounts receivable within one year40/41€114k€130k▲
Trade receivables40€114k€127k▲
Other amounts receivable41-€3k
Current investments50/53-€296k
Cash at bank and in hand54/58€688k€214k▼
Deferred charges and accrued income490/1€57k€47k▼
Equity and liabilities
Total equity and liabilities10/49€1.85M€1.66M▼
Equity10/15€1.37M€1.47M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€663k€768k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€657k€762k▲
Profit (loss) carried forward14€642k€642k=
Amounts payable17/49€487k€191k▼
Amounts payable after more than one year17€5k-
Financial debts170/4€5k-
Amounts payable within one year42/48€474k€180k▼
Current portion of amounts payable after more than one year42€8k€5k▼
Trade debts44€10k€79k▲
Suppliers440/4€10k€79k▲
Taxes, remuneration and social security45€41k€24k▼
Taxes450/3€29k€12k▼
Remuneration and social security454/9€12k€12k▲
Other amounts payable47/48€415k€73k▼
Accrued charges and deferred income492/3€8k€10k▲
Income statement
Code20242025
Non-recurring operating income76A€18k-
Remuneration, social security and pensions62€99k€97k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€52k€58k▲
Other operating charges640/8€65k€68k▲
Gross operating margin9900€431k€383k▼
Operating profit (loss)9901€216k€161k▼
Financial income75/76B€128€1k▲
Recurring financial income75€128€1k▲
Financial charges65/66B€1k€5k▲
Recurring financial charges65€1k€5k▲
Profit (loss) for the period before taxes9903€215k€157k▼
Income taxes67/77€70k€52k▼
Profit (loss) for the period9904€144k€105k▼
Profit (loss) for the period to be appropriated9905€144k€105k▼
Appropriation of the result
Profit (loss) to be appropriated9906€786k€747k▼
Profit (loss) brought forward from the previous period14P€642k€642k=
Transfer to equity691/2€144k€105k▼
To other reserves6921€144k€105k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Liquidity doublescurrent ratio 3.81
Current ratio from 1.81 to 3.81; short-term debt falls from €474k to €180k.
10-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Highest result since 2018net €151k ▲52%
Operating result €231k, net result €151k, both a record.
09-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Equity above €1MEq €1.07M ▲10.2%
5 profitable years in a row build equity to €1.07M.
02-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2024
MARTIN Sebastian John
CurrentManaging director · since 07-03-2024
07-03-2024
MARTIN Sebastian John: Resigned as Director
07-03-2024
MARTIN Sebastian John: Appointed as Managing director
07-03-2024
MARTIN Michael Nicholas: Resigned as Director
Location & real-estate footprint
Registered office, Schilde · 1 establishment unit since 2002
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.
De Nachtegaal 92970 SchildeGround area
1,835 m²
Building footprint
234 m²
Volume, LiDAR
1,083 m³
Parcel 11041C0135/00L000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
De Nachtegaal 9, 2970 Schilde
since 20022.111.834.906
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11041C0135/00L000 | Flanders | 1,835 m² | 1 · 234 m² | 7.9 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
Legal Entity Identifier
69940075142RDMIRQY73
Similar companies · same sector, comparable size
REAL ESTATE BELGIUM
BE 0433.966.815
Oud-Turnhout · Eq €1.47M
ATINA
BE 0451.015.950
Halle · Eq €1.47M
A-BUILDING
BE 0630.693.010
Bocholt · Eq €1.47M
SPACE LINE
BE 0426.314.109
Elsene · Eq €1.47M
GHEYSEN ETIEN
BE 0442.082.250
Kortrijk · Eq €1.47M
Of 9,094 companies in sector 68201 we hold annual accounts for 6,725. 4,557 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded02-09-1988
Fiscal year end30-09
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
70203
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.