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MBF

Active
Private limited company (pre-2019)founded 201412 yrs activeKBO/BCE: BE 0550.577.641
Summary

The computed 12-month bankruptcy probability of MBF is 3.5% (moderate). The 2020 annual accounts show negative equity (-€23,049). Equity remains stable across the filed fiscal years (±0% per year). The company has been active since 2014 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Checked score

No current score
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2020 · tick = 2019
Profitability-
Solvency17=
Growth55=
Track record92
Bankruptcy probability, 12 months
3.5% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2020
Solvency, return and age of the figures
Solvency
-7.7%
Age of the figures
69 mo
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 12 years 0 20 y
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 7 filings
Position against the passed deadline
31-12-2021 close31-07-2022 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 26-08-2021, 26 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 · 7 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
26 d late
2019
164 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 95 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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 publications
Publications
Address struck

History

On 9 April 2014, MBF was incorporated.1 Total assets went from EUR 300,000 in 2018 to EUR 300,000 in 2020.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2020

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Financials · fiscal year 2020, micro schema

Equity
-€23,049=
2019 · -€23,049
Total assets
€300,000=
2019 · €300,000
Net result
-€1,852
Working capital
Not included in this filing
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line201820192020
Operating result€7,500-
Net result-€1,852-
Equity-€23,049--€23,049=-€23,049=
Total assets€300,000-€300,000=€300,000=
Debt€323,049-€323,049=€323,049=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€2,500€0€2,500€5,000€7,500Operating result 2018: €7,500€7,500Net result 2018: -€1,852-€1,852201820192020-€2,500€0€2,500€5,000€7,500Operating result 2018: €7,500€7,500Net result 2018: -€1,852-€1,850201820192020
2018 is the only fiscal year with figures: the operating result is €7,500.
Key figures and ratios
2020 value · change against 2019
Solvency
-7.7%=
2019 · -7.7%
Debt ≤ 1 year
€323,049=
2019 · €323,049
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 9 lines
Balance sheet Code20192020
Assets
Total assets20/58€300,000€300,000=
Fixed assets21/28€300,000€300,000=
Financial fixed assets28€300,000€300,000=
Equity and liabilities
Total equity and liabilities10/49€300,000€300,000=
Equity10/15-€23,049-€23,049=
Contributions10/11€30,000€30,000=
Profit (loss) carried forward14-€53,049-€53,049=
Amounts payable17/49€323,049€323,049=
Amounts payable within one year42/48€323,049€323,049=
Line201820192020Change
Gross operating margin9900€7,500---
Operating profit (loss)9901€7,500---
Recurring financial charges65€9,352---
Profit (loss) for the period before taxes9903-€1,852---
Profit (loss) for the period9904-€1,852---
Profit (loss) for the period to be appropriated9905-€1,852---
Line201820192020Change
Assets
Total assets20/58€300,000€300,000€300,000=
Fixed assets21/28€300,000€300,000€300,000=
Financial fixed assets28€300,000€300,000€300,000=
Equity and liabilities
Total equity and liabilities10/49€300,000€300,000€300,000=
Equity10/15-€23,049-€23,049-€23,049=
Contributions10/11€30,000€30,000€30,000=
Profit (loss) carried forward14-€53,049-€53,049-€53,049=
Amounts payable17/49€323,049€323,049€323,049=
Amounts payable within one year42/48€323,049€323,049€323,049=
Line201820192020Change
Profit (loss) for the period9904-€1,852---
Operating cash flow (approximation)-€1,852---
Investment in fixed assets (approximation)-€0€0-

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

2024
12-07
KBO administration Address struck
event 30-05-2024
2021
26-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
11-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 164 days late
2019
27-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 58 days late
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
05-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 36 days late
2016
08-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2015
20-08
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 20 days late
SignalNBB 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, Couvin
exact location from the address register On OpenStreetMap
Ground area
1,986 m²
Building footprint
165 m²
Parcel 93007C0372/00V000, Wallonia. Linked by address, not a title deed.
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
93007C0372/00V000 Wallonia 1,986 m² 1 · 165 m² -
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.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded09-04-2014
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 28 September 2026 · Peppol Directory

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