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Generated 24-07-2026
Active BE 0508.791.526Private limited company (pre-2019)

MBDL

Lakenweversstraat 2 ·1050 Elsene, Belgium· 13 yrs active
Sector: Head offices & management consulting (70200)
Conclusion Checked

The computed 12-month bankruptcy probability of MBDL is 0.5% (very low). The 2022 annual accounts show equity of €2.06M and a net result of €163k. Equity is growing by ~12.7% per year across the filed fiscal years. Its solvency ranks better than 41% of 607 sector peers (fiscal year 2022). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.
Key figures
Equity €2.06M
Net result €163k
Better than sector 41%
Active 13 yrs
Snowflake analysis 5 axes · computed by Checked
Health67Profitability80Solvency39Growth78Stability100
73 / 100

Strong profile, led by stability.

Health 67
Profitability 80
Solvency 39
Growth 78
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.5% Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector −Higher-failure-rate region +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Established
Founded in 2012, 13 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2022 · computed
67 / 100 Healthy
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview9 NBB filings
Annual accounts filed on 09-11-2023 with the NBB · fiscal year 2022 · volledig
€-200k€0€200k€400k€600kOperating result 2018: €-69k€-69kNet result 2018: €-26k€-26kOperating result 2019: €501k€501kNet result 2019: €474k€474kOperating result 2020: €92k€92kNet result 2020: €86k€86kRevenue 2022: €321k€321kOperating result 2022: €220k€220kNet result 2022: €163k€163k2018201920202022
RevenueOperating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~12.7%/year over 4 fiscal years, indicative, assuming unchanged policy.
€1.00M€1.50M€2.00M€2.50M€3.00M2023: €2.29M (€2.13M - €2.46M)2024: €2.50M (€2.26M - €2.75M)2025: €2.71M (€2.38M - €3.05M)2018: €1.11M2019: €1.61M2020: €1.70M2022: €2.06M2018201920202022202320242025
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2022 · NACE 70, Head offices & management consulting · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency 28.2% 42.2%
better than 41% of 607 sector peers
Net result €163k €29k
better than 78% of 607 sector peers
Equity €2.06M €162k
better than 78% of 608 sector peers
Gross operating margin €307k €45k
better than 86% of 494 sector peers
Total assets €7.30M €790k
better than 79% of 607 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€321k
- 18-22
EBITDA
€237k
+33.3% far above sector median
Net profit
€163k
+89.3% far above sector median
Cash flow
€180k
+5.0% far above sector median
Total assets
€7.30M
+27.4% far above sector median
Equity
€2.06M
+21.4% far above sector median
Working capital
€-1.07M
+22.2% far below sector median
Income taxes
€57k
+879.6% far above sector median
Debt
€5.24M
+29.9% far above sector median
Debt ≤ 1y
€5.24M
+65.9% far above sector median
Debt > 1y
€875k
-49.7% far above sector median
Current ratio
0.80
+40.7% -78% vs sector
Quick ratio
0.80
+40.7% -78% vs sector
Solvency
28.2%
-4.7% -62% vs sector
Debt / equity
2.55
+7.0% far above sector median
ROE
7.9%
+56.0% far above sector median
ROA
2.2%
+48.6% +58% vs sector
Net margin
50.6%
- 18-22
EBITDA margin
73.8%
- 18-22
Interest coverage
1544.54
+369.1% far above sector median
Figures by fiscal year
Fiscal year2022
Revenue€321k
EBITDA€237k
Net profit€163k
Cash flow€180k
Staff costs-
Income taxes€57k
Dividends-
Total assets€7.30M
Equity€2.06M
Debt€5.24M
of which ≤ 1y€5.24M
of which > 1y-
Working capital€-1.07M
Employees (FTE)-
Ratios (computed)
2022
Current ratio0.80
Quick ratio0.80
Working capital ratio-14.6%
Solvency28.2%
Debt / equity2.55
Long-term debt ratio-
Interest coverage1544.54
Gross margin93.1%
Net margin50.6%
ROA2.2%
ROE7.9%
EBITDA margin73.8%
Days sales outstanding4716d
Days payable outstanding34d
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€7.30M
Fixed assets 21/28€3.12M
Tangible fixed assets 22/27€96k
Financial fixed assets 28€3.03M
Current assets 29/58€4.17M
Amounts receivable within one year 40/41€4.15M
Cash & bank 54/58€18k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€7.30M
Equity 10/15€2.06M
Contributions / capital 10/11€1.08M
Reserves 13€105k
Accumulated profits (losses) 14€872k
Amounts payable 17/49€5.24M
Amounts payable within one year 42/48€5.24M
Trade debts payable within one year 44€2k
Income statement
Turnover 70€321k
Gross operating margin 9900€307k
Operating result 9901€220k
Financial income 75€0
Financial charges 65€154
Result before taxes 9903€220k
Income taxes 67/77€57k
Net result for the period 9904€163k
Result to be appropriated 9905€163k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Head offices & management consulting(70200)
Legal form Private limited company (pre-2019)(015)
Incorporation28-12-2012
StatusActive
Postal code1050
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21009A0389/00V000 Brussels 6,354 m² 1 · 5,810 m² 40.7 m · 5 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2024
19-11-2024
State Gazette act Registered-office change
2023
09-11-2023
NBB filing Annual accounts filed
fiscal year 2022 · volledig
2022
16-05-2022
NBB filing Annual accounts filed
fiscal year 2020 · volledig
12-04-2022
State Gazette act Registered-office change
2021
30-06-2021
NBB filing Annual accounts filed
fiscal year 2019 · volledig
30-06-2021
NBB filing Annual accounts filed
fiscal year 2018 · volledig
2018
30-10-2018
NBB filing Annual accounts filed
fiscal year 2017 · volledig
2017
29-09-2017
NBB filing Annual accounts filed
fiscal year 2016 · volledig
2016
15-12-2016
NBB filing Annual accounts filed
fiscal year 2015 · volledig
2015
30-10-2015
NBB filing Annual accounts filed
fiscal year 2014 · volledig
2014
03-10-2014
NBB filing Annual accounts filed
fiscal year 2013 · volledig
Belgisch Staatsblad, acts 2 acts
Address history · 2
19-11-2024
Registered-office move
12-04-2022
Registered-office move
All acts · 2 updated 1 year ago
2024
19-11-2024 Registered office moved to Ixelles Registered-office change
  • Rue des Drapiers 2, Ixelles 1050
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Rue des Drapiers 2, Ixelles 1050",
        "city": "Ixelles",
        "region": "brussels_hoofdstedelijk_gewest",
        "street": "Rue des Drapiers",
        "country": "BE",
        "postcode": "1050",
        "box_number": null,
        "street_number": "2",
        "locality_suffix": null
      },
      "old_address": null,
      "effective_date": null,
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": true,
      "old_address_source": "inferred",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "immediate",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "fr",
    "pub_date": null,
    "filing_date": null,
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decision": {
    "body": "enig_aandeelhouder_schriftelijk",
    "date": null,
    "unanimous": null
  },
  "subject_company": {
    "kbo": "0508.791.526",
    "name_full": "MBDL",
    "legal_form": "SRL"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Olivier Querinjean",
    "org_rep_person_name": null,
    "person_role_at_subject": "Avocat-mandataire"
  },
  "co_filed_documents": []
}
2022
12-04-2022 Registered office moved within Ixelles Registered-office change
  • rue des Mélèzes 3 à 1050 Ixelles → rue Van Eyck 11 à 1050 Ixelles
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "rue Van Eyck 11 \u00E0 1050 Ixelles",
        "city": "Ixelles",
        "region": "brussels_hoofdstedelijk_gewest",
        "street": "rue Van Eyck",
        "country": "BE",
        "postcode": "1050",
        "box_number": null,
        "street_number": "11",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "rue des M\u00E9l\u00E8zes 3 \u00E0 1050 Ixelles",
        "city": "Ixelles",
        "region": "brussels_hoofdstedelijk_gewest",
        "street": "rue des M\u00E9l\u00E8zes",
        "country": "BE",
        "postcode": "1050",
        "box_number": null,
        "street_number": "3",
        "locality_suffix": null
      },
      "effective_date": "2021-09-10",
      "evidence_quote": "Transfert du si\u00E8ge social de la soci\u00E9t\u00E9 de la rue des M\u00E9l\u00E8zes 3 \u00E0 1050 Ixelles, \u00E0 la rue Van Eyck 11 \u00E0 1050 Ixelles",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "immediate",
      "statutaire_vs_werkelijke": null,
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "fr",
    "pub_date": "2022-04-12",
    "filing_date": "2021-09-10",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decision": {
    "body": "buitengewone_algemene_vergadering",
    "date": "2021-09-10",
    "unanimous": null
  },
  "subject_company": {
    "kbo": "0508.791.526",
    "name_full": "MBDL",
    "legal_form": "spri"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Olivier Lachenaud",
    "org_rep_person_name": null,
    "person_role_at_subject": "G\u00E9rant"
  },
  "co_filed_documents": []
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220
Primary activity highlighted.
Names & trade names
Legal nameFR MBDL
Registered office
Lakenweversstraat 2
1050 Elsene, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative