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Complete company report
Generated 10-08-2026
Active BE 0835.674.695Private limited company (pre-2019)

MBM TRADING

· 15 yrs active
Conclusion Checked

The KBO register records legal situation 050 for MBM TRADING (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2021 annual accounts show negative equity (€-12k) and a net result of €19k.

Based on the State Gazette, CBE and 4 annual accounts.
Key figures
Equity €-12k
Net result €19k
Active 15 yrs
Board 2
Snowflake analysis 5 of 5 axes measured · computed by Checked
Health0Profitability0Solvency33Growth78Stability0
22 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 0
Solvency 33
Growth 78
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free
3.3% Moderate
0%0,5%1,5%4%10%≥25%
Annual accounts: weaker financial profile +No NACE activity registered +Long track record −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
20 / 100
Moderate riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· 1 historical bankruptcy publication (+20)
Trust signals 2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Administrative Flags 0 events
No administrative flags
Health barometer FY 2021 · computed
0 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

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Computed by Checked from the NBB filing for FY 2021. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 30-08-2022 with the NBB · fiscal year 2021 · micro
€-60k€-40k€-20k€0€20kOperating result 2018: €-8k€-8kNet result 2018: €-58k€-58kOperating result 2019: €1k€1kNet result 2019: €-56k€-56kOperating result 2020: €-3k€-3kNet result 2020: €-50k€-50kOperating result 2021: €-5k€-5kNet result 2021: €19k€19k2018201920202021
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~22.3%/year over 4 fiscal years, indicative, assuming unchanged policy.
€-40k€-20k€0€20k2022: €-11k (€-18k - €-4k)2023: €-4k (€-15k - €7k)2024: €4k (€-11k - €19k)2018: €-39k2019: €-38k2020: €-31k2021: €-12k2018201920202021202220232024
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

EBITDA
€-4k
- 18-21
Net profit
€19k
- 18-21
Cash flow
€21k
- 18-21
Total assets
€13k
+9.6% 18-21
Equity
€-12k
+61.6% 18-21
Working capital
€-19k
+52.4% 18-21
Staff costs
€2k
- 18-21
Debt
€25k
-41.8% 18-21
Debt ≤ 1y
€25k
-41.8% 18-21
Current ratio
0.25
+187.7% 18-21
Quick ratio
0.25
+197.2% 18-21
Solvency
-90.9%
+65.0% 18-21
Debt / equity
-2.10
- 18-21
ROE
-160.6%
- 18-21
ROA
146.0%
- 18-21
Interest coverage
-23.14
- 18-21
Figures by fiscal year
Fiscal year2021
Depositmicro
Revenue-
EBITDA€-4k
Net profit€19k
Cash flow€21k
Staff costs€2k
Income taxes-
Dividends-
Total assets€13k
Equity€-12k
Debt€25k
of which ≤ 1y€25k
of which > 1y-
Working capital€-19k
Employees (FTE)-
Ratios (computed)
2021
Current ratio0.25
Quick ratio0.25
Working capital ratio-142.4%
Solvency-90.9%
Debt / equity-2.10
Long-term debt ratio-
Interest coverage-23.14
Gross margin-
Net margin-
ROA146.0%
ROE-160.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2021
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2021
Balance sheet, Assets
TOTAL ASSETS 20/58€13k
Fixed assets 21/28€7k
Tangible fixed assets 22/27€7k
Current assets 29/58€6k
Amounts receivable within one year 40/41€124
Cash & bank 54/58€6k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€13k
Equity 10/15€-12k
Contributions / capital 10/11€19k
Reserves 13€6
Accumulated profits (losses) 14€-31k
Amounts payable 17/49€25k
Amounts payable within one year 42/48€25k
Trade debts payable within one year 44€2k
Income statement
Gross operating margin 9900€-2k
Operating result 9901€-5k
Financial income 75€25k
Financial charges 65€161
Result before taxes 9903€19k
Net result for the period 9904€19k
Result to be appropriated 9905€19k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 4 directors
Current directors & mandates
  • De Lopes Pereira Artur Jorge
    Director
    State Gazette act 23064222 (15-05-2023)
    Current
    01-12-2022 → present
  • CHAVEZ BARBAN Osdanys
    Director
    State Gazette act 22125097 (20-10-2022)
    Current
    20-10-2022 → present
Former directors (2)
  • Chávez Barbán Osdanys
    Director
    State Gazette act 23064222 (15-05-2023)
    Former
    - → 01-12-2022
  • Bouisa El Hassan
    Director
    State Gazette act 22125097 (20-10-2022)
    Former
    - → 20-10-2022
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Legal Structure
NACE primary -
Legal form Private limited company (pre-2019)(015)
Incorporation20-04-2011
StatusActive
Postal code-
First BS signal 07-07-2026
Latest BS signal 07-07-2026
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21562A0329/00R012 Brussels 801 m² 1 · 441 m² 22.6 m · 6 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 13 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
07-07-2026
Bankruptcy Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · SRL MBM TRADING RUE THEODORE VERHAEGEN 196, 1060 SAINT-GILLES. déclarée le 3 octobre 2025 · event 23-06-2026
2023
15-05-2023
State Gazette act Capital & shares
2022
20-10-2022
State Gazette act Capital & shares
30-08-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
2021
30-08-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
02-11-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
30-08-2019
NBB filing Annual accounts filed
fiscal year 2018 · micro
2018
29-08-2018
NBB filing Annual accounts filed
fiscal year 2017 · micro
2017
28-10-2017
NBB filing Annual accounts filed
fiscal year 2016 · micro
2016
30-08-2016
NBB filing Annual accounts filed
fiscal year 2015 · volledig
2015
30-08-2015
NBB filing Annual accounts filed
fiscal year 2014 · volledig
2014
31-08-2014
NBB filing Annual accounts filed
fiscal year 2013 · volledig
2013
26-08-2013
NBB filing Annual accounts filed
fiscal year 2012 · volledig
Lifecycle & Insolvency Signals 1 events
07-07-2026
Bankruptcy Bankruptcy closure (insufficient assets)
Date: 23-06-2026 · Tribunal de l’entreprise francophone de Bruxelles · SRL MBM TRADING RUE THEODORE VERHAEGEN 196, 1060 SAINT-GILLES. déclarée le 3 octobre 2025 · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262026-07-07 · Bankruptcy · Bankruptcy closure (insufficient assets)
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts 2 acts
Capital history · 2
15-05-2023
Capital change
20-10-2022
Capital change
All acts · 2 updated 3 years ago
2023
15-05-2023 Transaction in capital or shares Capital & shares
Technical details 
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    "is_foreign_registered": false
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2022
20-10-2022 Transaction in capital or shares Capital & shares
Technical details 
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  },
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Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameFR MBM TRADING
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative