MBLM
ActiveSummary
MBLM has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €462k and a net result of €451k. Equity is growing by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 42% of 37953 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency74▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 1.97 against 1.76 in 2023; short-term debt: 50.8% and cash: 30% of total assets), but 50.8% of the assets are financed with debt.
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Signals
Four 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
49.2%
Return on assets
48%
Age of the figures
21 mo
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 12-06-2025, 49 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
49 d early
2023
55 d early
2022
66 d early
2021
80 d early
2020
3 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€462k=
2023 · €462k
Total assets
€940k▼ 12.1%
2023 · €1.07M
Net result
€451k▲ 20.2%
2023 · €375k
Working capital
€463k▲ 0.1%
2023 · €462k
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
Line20202021202220232024
Operating result€390k-€278k▼ 28.7%€379k▲ 36.3%€492k▲ 30.0%€573k▲ 16.5%
Net result€258k-€194k▼ 24.5%€291k▲ 49.4%€375k▲ 29.2%€451k▲ 20.2%
Equity€268k-€462k▲ 72.7%€753k▲ 62.9%€462k▼ 38.6%€462k=
Total assets€465k-€567k▲ 22.0%€818k▲ 44.3%€1.07M▲ 30.6%€940k▼ 12.1%
Debt€197k-€105k▼ 46.8%€66k▼ 37.3%€607k▲ 822%€478k▼ 21.3%
Working capital€265k-€460k▲ 73.5%€752k▲ 63.5%€462k▼ 38.5%€463k▲ 0.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 16% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €940k
Equity
€462k =
Debt
€478k ▼ 21.3%
Debt's share of the balance-sheet total falls from 56.8% to 50.8%. Debt is lower.
Key figures and ratios
EBITDA
€573k▲
2023 · €493k
Cash flow
€451k▲
2023 · €376k
Current ratio
1.97▲
2023 · 1.76
Debt to equity
1.03▼
2023 · 1.31
ROE
97.7%▲
2023 · 81.3%
ROA
48.0%▲
2023 · 35.1%
Interest coverage
955.41▲
2023 · 780.62
Debt ≤ 1 year
€477k▼
2023 · €607k
Income taxes
€145k▲
2023 · €123k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €1k | €1k | €855 | €6 | ▼ 99.3% |
| Other operating charges640/8 | - | €513 | €557 | €563 | €577 | ▲ 2.5% |
| Gross operating margin9900 | €392k | €280k | €381k | €494k | €574k | ▲ 16.3% |
| Operating profit (loss)9901 | €390k | €278k | €379k | €492k | €573k | ▲ 16.5% |
| Financial income75/76B | - | €2k | €4k | €7k | €24k | ▲ 261% |
| Recurring financial income75 | - | €2k | €4k | €7k | €24k | ▲ 261% |
| Financial charges65/66B | - | €663 | €635 | €632 | €600 | ▼ 5.0% |
| Recurring financial charges65 | €588 | €663 | €635 | €632 | €600 | ▼ 5.0% |
| Profit (loss) for the period before taxes9903 | €389k | €279k | €381k | €498k | €596k | ▲ 19.7% |
| Income taxes67/77 | €132k | €84k | €91k | €123k | €145k | ▲ 18.2% |
| Profit (loss) for the period9904 | €258k | €194k | €291k | €375k | €451k | ▲ 20.2% |
| Profit (loss) for the period to be appropriated9905 | €258k | €194k | €291k | €375k | €451k | ▲ 20.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €465k | €567k | €818k | €1.07M | €940k | ▼ 12.1% |
| Fixed assets21/28 | €3k | €2k | €861 | €6 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €3k | €2k | €861 | €6 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €2k | €861 | €6 | €0 | ▼ 100% |
| Current assets29/58 | €462k | €565k | €817k | €1.07M | €940k | ▼ 12.1% |
| Amounts receivable within one year40/41 | €285k | €151k | €274k | €407k | €306k | ▼ 24.6% |
| Trade receivables40 | - | €71k | €44k | €177k | €76k | ▼ 56.8% |
| Other amounts receivable41 | - | €80k | €230k | €230k | €230k | ▲ 0.1% |
| Current investments50/53 | - | - | - | €550k | €350k | ▼ 36.4% |
| Cash at bank and in hand54/58 | €177k | €408k | €540k | €112k | €282k | ▲ 152% |
| Deferred charges and accrued income490/1 | - | €5k | €4k | €0 | €1k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €465k | €567k | €818k | €1.07M | €940k | ▼ 12.1% |
| Equity10/15 | €268k | €462k | €753k | €462k | €462k | = |
| Contributions10/11 | - | €10k | €10k | €10k | €10k | = |
| Reserves13 | €258k | €452k | €743k | €452k | €452k | = |
| Distributable reserves133 | - | €452k | €743k | €452k | €452k | = |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €197k | €105k | €66k | €607k | €478k | ▼ 21.3% |
| Amounts payable within one year42/48 | €197k | €105k | €66k | €607k | €477k | ▼ 21.4% |
| Taxes, remuneration and social security45 | - | €104k | €65k | €52k | €22k | ▼ 57.3% |
| Taxes450/3 | - | €104k | €65k | €52k | €22k | ▼ 57.3% |
| Other amounts payable47/48 | - | €825 | €775 | €554k | €455k | ▼ 18.0% |
| Accrued charges and deferred income492/3 | - | - | - | - | €579 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €258k | €194k | €291k | €375k | €451k | ▲ 20.2% |
| + Depreciation and write-downs630 | €1k | €1k | €1k | €855 | €6 | ▼ 99.3% |
| Operating cash flow (approximation) | €259k | €196k | €292k | €376k | €451k | ▲ 20.0% |
| Investment in fixed assets (approximation) | - | €-1k | €0 | €0 | €0 | - |
| Change in cash | - | €231k | €132k | €-428k | €170k | ▲ 140% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2025
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2020net €451k ▲20.2%
Operating result €573k, net result €451k, both a record.
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 12.42
Current ratio from 5.38 to 12.42; short-term debt falls from €105k to €66k.
31-12
Financial
Equity above €500kEq €753k ▲62.9%
3 profitable years in a row build equity to €753k.
12-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €194k ▼24.5%
Net result drops to €194k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 5.38
Current ratio from 2.34 to 5.38; short-term debt falls from €197k to €105k.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Roeselare · 1 establishment unit since 2019
Ground area
3,417 m²
Building footprint
268 m²
Volume, LiDAR
1,151 m³
Parcel 36017C0047/00E000, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
MBLM
since 20192.292.281.432
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36017C0047/00E000 | Flanders | 3,417 m² | 1 · 267 m² | 7.1 m · 2 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.
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 35,283 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
Founded23-07-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.