Skip to content

MBK Management

Active
Private limited companyfounded 201114 yrs activeLariksenstraat 72, 3530 Houthalen-Helchteren, BelgiumKBO/BCE: BE 0842.115.693
Summary

MBK Management has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18k and a net result of €-7k. Equity is growing by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 62% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0▼-69
Solvency93▼-7
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 2.81 against 4.3 in 2024; short-term debt: 29.8% and cash: 65.1% of total assets), and 32.4% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Five 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 2025
Solvency, return and age of the figures
Solvency
67.6%
Return on assets
-25.9%
Age of the figures
15 mo
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 14 years 0 20 y
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year €-7k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-12-2025, 33 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
33 d early
2024
2 d early
2023
2 d early
2022
25 d early
2021
on the day
2020
27 d early
2019
22 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close25-09-2026 today31-01-2027 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

Financials · fiscal year 2025, micro schema

Equity
€18k▼ 27.7%
2024 · €25k
2019: €19k 2020: €19k▲ +2.4% vs 2019 2021: €21k▲ +10.2% vs 2020 2022: €26k▲ +19.8% vs 2021highest in 7 years 2023: €25k▼ -3.8% vs 2022 2024: €25k▼ -0.1% vs 2023 2025: €18k▼ -27.7% vs 2024lowest in 7 years
2019 → 2025
Total assets
€26k▼ 17.5%
2024 · €32k
2019: €33k 2020: €31k▼ -5.7% vs 2019 2021: €28k▼ -8.0% vs 2020 2022: €34k▲ +21.8% vs 2021highest in 7 years 2023: €31k▼ -8.7% vs 2022 2024: €32k▲ +1.5% vs 2023 2025: €26k▼ -17.5% vs 2024lowest in 7 years
2019 → 2025
Net result
€-7k▼ 46,402%
2024 · €-15
2019: €4k 2020: €451▼ -88.2% vs 2019 2021: €2k▲ +339% vs 2020 2022: €4k▲ +114% vs 2021highest in 7 years 2023: €-978▼ -123% vs 2022 2024: €-15▲ +98.5% vs 2023 2025: €-7k▼ -46402% vs 2024lowest in 7 years
2019 → 2025
Working capital
€14k▼ 34.9%
2024 · €22k
2019: €9klowest in 7 years 2020: €11k▲ +24.8% vs 2019 2021: €15k▲ +42.4% vs 2020 2022: €19k▲ +24.5% vs 2021 2023: €11k▼ -45.1% vs 2022 2024: €22k▲ +107% vs 2023highest in 7 years 2025: €14k▼ -34.9% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€21k-€26k▲ 19.8%€25k▼ 3.8%€25k▼ 0.1%€18k▼ 27.7% 2021: €21k 2022: €26k▲ +19.8% vs 2021highest in 5 years 2023: €25k▼ -3.8% vs 2022 2024: €25k▼ -0.1% vs 2023 2025: €18k▼ -27.7% vs 2024lowest in 5 years
Operating result€4k-€7k▲ 97.8%€4▼ 99.9%€508▲ 11,390%€-7k 2021: €4k 2022: €7k▲ +97.8% vs 2021highest in 5 years 2023: €4▼ -99.9% vs 2022 2024: €508▲ +11390% vs 2023 2025: €-7k▼ -1381% vs 2024lowest in 5 years
Net result€2k-€4k▲ 114%€-978€-15▲ 98.5%€-7k▼ 46,402% 2021: €2k 2022: €4k▲ +114% vs 2021highest in 5 years 2023: €-978▼ -123% vs 2022 2024: €-15▲ +98.5% vs 2023 2025: €-7k▼ -46402% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€-5k€0€5kOperating result 2021: €4k€4kNet result 2021: €2k€2kOperating result 2022: €7k€7kNet result 2022: €4k€4kOperating result 2023: €4€4Net result 2023: €-978€-978Operating result 2024: €508€508Net result 2024: €-15€-15Operating result 2025: €-7k€-7kNet result 2025: €-7k€-7k20212022202320242025€-8k€-6k€-4k€-2k€0Operating result 2023: €4€4Net result 2023: €-978€-978Operating result 2024: €508€508Net result 2024: €-15€-15Operating result 2025: €-7k€-6.5kNet result 2025: €-7k€-6.8k202320242025
The operating result turns negative in 2025: a loss of €7k after €508 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €26k
Fixed assets €4k ▲ 21.9%
Current assets €22k ▼ 22.4%
Equity and liabilities €26k
Equity €18k ▼ 27.7%
Debt €9k ▲ 16.8%
Debt's share of the balance-sheet total rises from 22.9% to 32.4%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-5k▼
2024 · €3k
Cash flow
€-5k▼
2024 · €2k
Current ratio
2.81▼
2024 · 4.30
Debt to equity
0.48▲
2024 · 0.30
ROE
-38.4%▼
2024 · -0.1%
ROA
-25.9%▼
2024 · 0.0%
Interest coverage
-14.60▼
2024 · 18.64
Debt ≤ 1 year
€8k▲
2024 · €7k
Income taxes
€0▼
2024 · €370
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€32k€26k▼
Fixed assets21/28€4k€4k▲
Tangible fixed assets22/27€4k€4k▲
Furniture and vehicles24€3k€4k▲
Other tangible fixed assets26€790€691▼
Current assets29/58€28k€22k▼
Amounts receivable within one year40/41€22€5k▲
Trade receivables40€22€5k▲
Other amounts receivable41€0-
Cash at bank and in hand54/58€28k€17k▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€32k€26k▼
Equity10/15€25k€18k▼
Contributions10/11€6k€6k=
Reserves13€18k€12k▼
Distributable reserves133€18k€12k▼
Amounts payable17/49€7k€9k▲
Amounts payable within one year42/48€7k€8k▲
Trade debts44€4k€5k▲
Suppliers440/4€4k€5k▲
Taxes, remuneration and social security45€915€563▼
Taxes450/3€915€563▼
Other amounts payable47/48€2k€2k▼
Accrued charges and deferred income492/3€700€700=
Income statement Code20242025
Non-recurring operating income76A€685€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€846€499▼
Gross operating margin9900€4k€-4k▼
Operating profit (loss)9901€508€-7k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€152€315▲
Recurring financial charges65€152€315▲
Profit (loss) for the period before taxes9903€356€-7k▼
Income taxes67/77€370€0▼
Profit (loss) for the period9904€-15€-7k▼
Profit (loss) for the period to be appropriated9905€-15€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-15€-7k▼
Transfer from equity791/2€15€7k▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20212022202320242025Change
Non-recurring operating income76A---€685€0▼ 100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k€4k€2k€2k▼ 18.2%
Other operating charges640/8-€1k€1k€846€499▼ 40.9%
Non-recurring operating charges66A-€62€0---
Gross operating margin9900€7k€12k€5k€4k€-4k▼ 211%
Operating profit (loss)9901€4k€7k€4€508€-7k▼ 1,381%
Financial income75/76B-€0€0€0--
Recurring financial income75-€0€0€0--
Financial charges65/66B-€701€542€152€315▲ 107%
Recurring financial charges65€943€701€542€152€315▲ 107%
Profit (loss) for the period before taxes9903€3k€6k€-537€356€-7k▼ 2,019%
Income taxes67/77€711€2k€441€370€0▼ 100%
Profit (loss) for the period9904€2k€4k€-978€-15€-7k▼ 46,402%
Profit (loss) for the period to be appropriated9905€2k€4k€-978€-15€-7k▼ 46,402%
Line20212022202320242025Change
Assets
Total assets20/58€28k€34k€31k€32k€26k▼ 17.5%
Fixed assets21/28€7k€7k€15k€4k€4k▲ 21.9%
Tangible fixed assets22/27€7k€7k€15k€4k€4k▲ 21.9%
Furniture and vehicles24-€4k€13k€3k€4k▲ 31.9%
Other tangible fixed assets26-€3k€2k€790€691▼ 12.5%
Current assets29/58€21k€27k€17k€28k€22k▼ 22.4%
Amounts receivable within one year40/41€105€7k€4k€22€5k▲ 21,929%
Trade receivables40-€7k€1k€22€5k▲ 21,929%
Other amounts receivable41--€3k€0--
Cash at bank and in hand54/58€21k€20k€12k€28k€17k▼ 39.6%
Deferred charges and accrued income490/1-€651€718€0--
Equity and liabilities
Total equity and liabilities10/49€28k€34k€31k€32k€26k▼ 17.5%
Equity10/15€21k€26k€25k€25k€18k▼ 27.7%
Contributions10/11-€6k€6k€6k€6k=
Reserves13€15k€19k€18k€18k€12k▼ 37.1%
Non-distributable reserves130/1-€2k€0---
Reserves not available under the articles1311-€2k€0---
Distributable reserves133-€18k€18k€18k€12k▼ 37.1%
Amounts payable17/49€7k€9k€7k€7k€9k▲ 16.8%
Amounts payable within one year42/48€6k€8k€6k€7k€8k▲ 18.6%
Trade debts44€1k€3k€2k€4k€5k▲ 52.1%
Suppliers440/4-€3k€2k€4k€5k▲ 52.1%
Taxes, remuneration and social security45-€3k€441€915€563▼ 38.4%
Taxes450/3-€3k€441€915€563▼ 38.4%
Other amounts payable47/48-€2k€3k€2k€2k▼ 14.1%
Accrued charges and deferred income492/3-€823€700€700€700=
Line20212022202320242025Change
Profit (loss) for the period9904€2k€4k€-978€-15€-7k▼ 46,402%
+ Depreciation and write-downs630€3k€3k€4k€2k€2k▼ 18.2%
Operating cash flow (approximation)€5k€7k€3k€2k€-5k▼ 312%
Investment in fixed assets (approximation)-€-3k€-11k€9k€-3k▼ 130%
Change in cash-€-528€-8k€16k€-11k▼ 170%

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

Sign in to download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2025
29-12
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series.
29-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
29-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
06-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial Highest result since 2019net €4k ▲114%
Operating result €7k, net result €4k, both a record.
31-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
04-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
09-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
18-02
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 18 days late
2018
11-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
27-12
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
6 acts for this company are 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, Houthalen-Helchteren · 1 establishment unit since 2011
seat establishment The establishment unit on the map
Ground area
2,140 m²
Building footprint
301 m²
Volume, LiDAR
1,540 m³
2 parcels, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BK MANAGEMENT BVBA
Kremerstraat 14, 3520 ZonhovenFinancial service activities, except insurance and pension funding
since 20112.207.045.156
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71442C0678/00C000 Flanders 1,343 m² 1 · 112 m² 8.3 m · 2 fl.
72452E1154/00L020 Flanders 798 m² 1 · 189 m² 6.5 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 5,699 companies in sector 70100 we hold annual accounts for 3,495. 1,509 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
Founded23-12-2011
Fiscal year end30-06
Activities, NACEBEL 2025
70100Activities of head offices
62100Computer programming
62200Computer consultancy and computer facilities management

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