MBK TECH
Open bankruptcyA bankruptcy procedure is open for MBK TECH according to publications in the Belgian State Gazette; curator: ELKE M.J. GOOSSENS. The 2024 annual accounts show equity of €47k and a net result of €-180k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
3 d early
2023
86 d late
2022
118 d late
2021
18 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
€2.03M▲ 29.7%
2022 · €1.57M
2021: €800k
2022: €1.57M
2021 → 2023
EBIT margin
10.6%▲ 9.3pp
2022 · 1.3%
2021: 8.2%
2022: 1.3%
2021 → 2023
Net result
€-180k
2023 · €152k
2021: €49k
2022: €16k
2023: €152k
2021 → 2024
Working capital
€-69k
2023 · €121k
2021: €33k
2022: €54k
2023: €121k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Turnover€800k-€1.57M▲ 95.9%€2.03M▲ 29.7%
Equity€59k-€75k▲ 26.4%€227k▲ 204%€47k▼ 79.3%
Operating result€66k-€21k▼ 68.2%€216k▲ 931%€-180k
Net result€49k-€16k▼ 68.2%€152k▲ 875%€-180k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €180k after €216k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €187k
Fixed assets
€112k▲ 7.7%
Current assets
€74k▼ 59.6%
Equity and liabilities €190k
Equity
€47k▼ 79.3%
Debt
€143k▲ 119%
The debt ratio rises from 22.4% to 75.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-166k▼
2023 · €228k
Cash flow
€-166k▼
2023 · €165k
Solvency
24.7%▼
2023 · 77.6%
Current ratio
0.52▼
2023 · 2.90
Quick ratio
0.52▼
2023 · 2.90
Debt / equity
3.04▲
2023 · 0.29
ROE
-382.2%▼
2023 · 67.1%
ROA
-94.5%▼
2023 · 52.1%
Debt
€143k▲
2023 · €65k
Debt ≤ 1 year
€143k▲
2023 · €64k
Income taxes
€0▼
2023 · €64k
Staff costs
€824k▼
2023 · €900k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€292k€190k▼
Formation expenses20€4k€4k=
Fixed assets21/28€104k€112k▲
Tangible fixed assets22/27€104k€112k▲
Plant, machinery and equipment23€42k€60k▲
Furniture and vehicles24€63k€53k▼
Current assets29/58€185k€74k▼
Amounts receivable within one year40/41€185k€74k▼
Trade receivables40€124k€58k▼
Other amounts receivable41€60k€17k▼
Current investments50/53€0-
Cash at bank and in hand54/58€0-
Equity and liabilities
Total equity and liabilities10/49€292k€190k▼
Equity10/15€227k€47k▼
Contributions10/11€10k€10k=
Capital10€10k€10k=
Issued capital100€10k€10k=
Profit (loss) carried forward14€217k€37k▼
Amounts payable17/49€65k€143k▲
Amounts payable within one year42/48€64k€143k▲
Trade debts44€0€105k▲
Suppliers440/4€0€105k▲
Taxes, remuneration and social security45€64k€39k▼
Taxes450/3€64k€0▼
Remuneration and social security454/9-€39k
Other amounts payable47/48-€0
Accrued charges and deferred income492/3€2k-
Income statement
Code20232024
Turnover70€2.03M-
Goods, raw materials, services and sundry goods60/61€897k-
Remuneration, social security and pensions62€900k€824k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€14k▲
Other operating charges640/8€7k€0▼
Gross operating margin9900€1.14M€659k▼
Operating profit (loss)9901€216k€-180k▼
Profit (loss) for the period before taxes9903€216k€-180k▼
Income taxes67/77€64k€0▼
Profit (loss) for the period9904€152k€-180k▼
Profit (loss) for the period to be appropriated9905€152k€-180k▼
Appropriation of the result
Profit (loss) to be appropriated9906€217k€37k▼
Profit (loss) brought forward from the previous period14P€65k€217k▲
Transfer from equity791/2€0-
Social balance
Average headcount (FTE)908717.9-
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
2025
12-12
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · MBK TECH BV KRUIBEKE- STRAAT 130, 9150 BEVEREN-KRUIBEKE-ZWIJNDRECHT · event 08-12-2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-180k ▼218%
Net result drops to €-180k, the lowest in the series.
25-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 86 days late
2023
31-12
Financial
Highest result since 2021net €152k ▲875%
Operating result €216k, net result €152k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.90
Current ratio from 1.39 to 2.90; short-term debt falls from €139k to €64k.
31-12
Financial
Equity above €200kEq €227k ▲204%
3 profitable years in a row build equity to €227k.
26-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 118 days late
2022
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 18 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2021
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.
Kruibekestraat 1309150 Beveren-Kruibeke-ZwijndrechtGround area
2,708 m²
Building footprint
352 m²
Volume, LiDAR
1,492 m³
Parcel 46001A0110/00S000, Flanders · tallest building 13.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
YBK TECH
since 20212.314.327.057
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46001A0110/00S000 | Flanders | 2,708 m² | 1 · 352 m² | 13.1 m · 1 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ELKE M.J. GOOSSENS VIJFSTRATEN 57, 9100 SINT-
NIKLAAS |
08-12-2025 → present |
Similar companies · same sector, comparable size
DS INFRA
BE 0803.081.509
Bilzen-Hoeselt · Eq €47k
ASA Constructs
BE 0672.927.404
Lokeren · Eq €47k
DG OUTDOOR
BE 0804.496.323
Chaumont-Gistoux · Eq €47k
ARDATEC
BE 0704.877.917
Anderlecht · Eq €47k
VERSTRAETEN & C°
BE 0809.505.085
Wetteren · Eq €47k
Of 8,454 companies in sector 43120 we hold annual accounts for 3,232. 2,473 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-02-2021
Fiscal year end31-12
Activities, NACEBEL
43120Site preparation
42211Civil engineering
42220Construction of utility projects for electricity and telecommunications
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.