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MBE-Lex

Active
Private limited companyfounded 20232 yrs activeChaussée de Bruxelles 10, 1490 Court-Saint-Etienne, BelgiumKBO/BCE: BE 1001.191.141
Summary

MBE-Lex has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €42,940 and a net result of €38,940. Its solvency ranks better than 25% of 15372 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
Axes
Profitability100
Solvency57
Growth-
Track record67
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity short (current ratio 0.97; short-term debt: 40.8% and cash: 10.6% of total assets), and 68.5% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
31.5%
Return on assets
28.6%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 15372 sector peers (2024).
NBB · sector comparison
Position among 15372 sector peers
Solvency
better than 25%
← weakest strongest →
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 24-06-2026, 37 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
37 d early
2024
64 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 51 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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.
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

MBE-Lex was incorporated on 13 October 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2024, micro schema

Equity
€42,940
Total assets
€136,211
Net result
€38,940
Working capital
-€1,668

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €136,211
Fixed assets €82,304
Current assets €53,907
Equity and liabilities €136,211
Equity €42,940
Debt €93,270
Debt finances 68.5% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€74,873
Cash flow
€58,709
Current ratio
0.97
Debt to equity
2.17
ROE
90.7%
ROA
28.6%
Interest coverage
33.28
Debt ≤ 1 year
€55,575
Debt > 1 year
€37,275
Income taxes
€13,926

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.9%
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 39,278 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
Filed annual accounts As filed with the NBB · 2024 · 44 lines
Balance sheet Code2024
Assets
Total assets20/58€136,211
Fixed assets21/28€82,304
Intangible fixed assets21€74,490
Tangible fixed assets22/27€7,814
Plant, machinery and equipment23€1,080
Furniture and vehicles24€6,734
Current assets29/58€53,907
Amounts receivable within one year40/41€34,543
Trade receivables40€32,970
Other amounts receivable41€1,573
Cash at bank and in hand54/58€14,443
Deferred charges and accrued income490/1€4,921
Equity and liabilities
Total equity and liabilities10/49€136,211
Equity10/15€42,940
Contributions10/11€4,000
Reserves13€38,940
Distributable reserves133€38,940
Amounts payable17/49€93,270
Amounts payable after more than one year17€37,275
Financial debts170/4€37,275
Amounts payable within one year42/48€55,575
Current portion of amounts payable after more than one year42€8,683
Trade debts44€4,539
Suppliers440/4€4,539
Taxes, remuneration and social security45€6,170
Taxes450/3€6,170
Other amounts payable47/48€36,183
Accrued charges and deferred income492/3€421
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19,769
Other operating charges640/8€2,086
Non-recurring operating charges66A€2,796
Gross operating margin9900€79,755
Operating profit (loss)9901€55,105
Financial income75/76B€12
Recurring financial income75€12
Financial charges65/66B€2,250
Recurring financial charges65€2,250
Profit (loss) for the period before taxes9903€52,866
Income taxes67/77€13,926
Profit (loss) for the period9904€38,940
Profit (loss) for the period to be appropriated9905€38,940
Appropriation of the result
Profit (loss) to be appropriated9906€38,940
Transfer to equity691/2€38,940
To other reserves6921€38,940

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19,769
Other operating charges640/8€2,086
Non-recurring operating charges66A€2,796
Gross operating margin9900€79,755
Operating profit (loss)9901€55,105
Financial income75/76B€12
Recurring financial income75€12
Financial charges65/66B€2,250
Recurring financial charges65€2,250
Profit (loss) for the period before taxes9903€52,866
Income taxes67/77€13,926
Profit (loss) for the period9904€38,940
Profit (loss) for the period to be appropriated9905€38,940
Line2024
Assets
Total assets20/58€136,211
Fixed assets21/28€82,304
Intangible fixed assets21€74,490
Tangible fixed assets22/27€7,814
Plant, machinery and equipment23€1,080
Furniture and vehicles24€6,734
Current assets29/58€53,907
Amounts receivable within one year40/41€34,543
Trade receivables40€32,970
Other amounts receivable41€1,573
Cash at bank and in hand54/58€14,443
Deferred charges and accrued income490/1€4,921
Equity and liabilities
Total equity and liabilities10/49€136,211
Equity10/15€42,940
Contributions10/11€4,000
Reserves13€38,940
Distributable reserves133€38,940
Amounts payable17/49€93,270
Amounts payable after more than one year17€37,275
Financial debts170/4€37,275
Amounts payable within one year42/48€55,575
Current portion of amounts payable after more than one year42€8,683
Trade debts44€4,539
Suppliers440/4€4,539
Taxes, remuneration and social security45€6,170
Taxes450/3€6,170
Other amounts payable47/48€36,183
Accrued charges and deferred income492/3€421
Line2024
Profit (loss) for the period9904€38,940
+ Depreciation and write-downs630€19,769
Operating cash flow (approximation)€58,709

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
24-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
28-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Court-Saint-Etienne · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
965 m²
Building footprint
179 m²
Volume, LiDAR
1,568 m³
Parcel 25023H0009/00D003, Wallonia · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
11 companies at this address See who is registered here
1 establishment unit
MBE-Lex
Chaussée de Bruxelles 10, 1490 Court-Saint-EtienneActivities of lawyers
since 20232.351.531.903
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25023H0009/00D003 Wallonia 965 m² 1 · 179 m² 10.5 m · 3 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.

Similar companies · same sector, comparable size

Of 22,075 companies in sector 69101 we hold annual accounts for 9,060. 7,100 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded13-10-2023
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
85592Vocational training
E-invoicing
Reachable via Peppol
Peppol ID 0208:1001191141
Also 9925:BE1001191141
Registered 11-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.