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Public limited companyfounded 199630 yrs activeBrugsesteenweg 303, 9900 Eeklo, BelgiumKBO/BCE: BE 0457.283.338
Summary

MBMC is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €50.6m and a net result of €652,100. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 51% of 2413 sector peers (fiscal year 2025). The company has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals

1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 24-02-2026, 4 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
4 d early
2024
3 d early
2023
6 d early
2022
5 d early
2021
4 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 3 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-07-2026 and is due by 28-02-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
31-07-2026 close27-09-2026 today28-02-2027 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

History

MBMC was incorporated on 13 February 1996.1 Total assets rose from EUR 61 million in 2019 to EUR 81 million in 2025 and headcount from 0.8 full-time equivalents in 2022 to 10.8 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019, 2022 and 2025

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Financials · fiscal year 2025, full schema, statutory accounts

Equity
€50.6m▲ 0.7%
2024 · €50.3m
Net result
€652,100▼ 47.4%
2024 · €1.2m
Total assets
€81.1m▲ 14.9%
2024 · €70.6m
Solvency
62.4%▼ 8.8pp
2024 · 71.2%
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
Line20212022202320242025
Turnover€720,000▲ 20.0%€776,083▲ 7.8%€716,624▼ 7.7%€1.4m▲ 96.7%€978,434▼ 30.6%
Operating result€5.7m▲ 10.7%€5.8m▲ 1.0%€2.8m▼ 51.1%€2.0m▼ 30.4%€1.5m▼ 25.1%
Net result€4.4m▼ 71.5%€10.8m▲ 148%€2.2m▼ 79.9%€1.2m▼ 42.6%€652,100▼ 47.4%
Equity€39.5m▲ 6.0%€48.9m▲ 23.9%€49.9m▲ 2.0%€50.3m▲ 0.7%€50.6m▲ 0.7%
Total assets€62.6m▲ 1.9%€62.0m▼ 1.0%€61.3m▼ 1.2%€70.6m▲ 15.2%€81.1m▲ 14.9%
Debt€23.1m▼ 4.5%€13.1m▼ 43.4%€11.4m▼ 13.0%€20.3m▲ 78.5%€30.5m▲ 50.2%
Working capital-€18.4m▼ 1.4%-€10.8m▲ 41.1%-€11.0m▼ 1.1%-€19.9m▼ 81.3%-€30.2m▼ 52.1%
Solvency63.1%▲ 2.5pp78.9%▲ 15.8pp81.4%▲ 2.5pp71.2%▼ 10.2pp62.4%▼ 8.8pp
Staff (FTE)0.810.5▲ 1,213%11.5▲ 9.5%10.8▼ 6.1%
Result per fiscal year
Operating resultNet result
€0€5.0m€10.0mOperating result 2021: €5.7m€5.7mNet result 2021: €4.4m€4.4mOperating result 2022: €5.8m€5.8mNet result 2022: €10.8m€10.8mOperating result 2023: €2.8m€2.8mNet result 2023: €2.2m€2.2mOperating result 2024: €2.0m€2.0mNet result 2024: €1.2m€1.2mOperating result 2025: €1.5m€1.5mNet result 2025: €652,100€652,10020212022202320242025€0€1m€2m€3mOperating result 2023: €2.8m€2.8mNet result 2023: €2.2m€2.2mOperating result 2024: €2.0m€2mNet result 2024: €1.2m€1.2mOperating result 2025: €1.5m€1.5mNet result 2025: €652,100€652,000202320242025
The operating result has fallen three years in a row; 2025 is 25% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €81.1m
Fixed assets €80.9m ▲ 15.0%
Current assets €240,374 ▼ 7.3%
Equity and liabilities €81.1m
Equity €50.6m ▲ 0.7%
Debt €30.5m ▲ 50.2%
Debt's share of the balance-sheet total rises from 28.8% to 37.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
ROE
1.3%▼
2024 · 2.5%
ROA
0.8%▼
2024 · 1.8%
Debt ≤ 1 year
€30.5m▲
2024 · €20.1m
Income taxes
€126,978▼
2024 · €134,659
Staff costs
€1.1m▼
2024 · €1.1m
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 · 2025 against 2024 · 67 lines
Balance sheet Code20242025
Assets
Total assets20/58€70.6m€81.1m▲
Fixed assets21/28€70.3m€80.9m▲
Tangible fixed assets22/27€45,558€80,395▲
Land and buildings22-€2,280
Plant, machinery and equipment23-€2,566
Furniture and vehicles24€45,558€75,550▲
Financial fixed assets28€70.3m€80.8m▲
Affiliated companies280/1€70.3m€80.8m▲
Participating interests280€70.3m€80.8m▲
Other financial fixed assets284/8€80€80=
Amounts receivable and cash guarantees285/8€80€80=
Current assets29/58€259,268€240,374▼
Amounts receivable within one year40/41€249,701€223,788▼
Trade receivables40€234,066€216,132▼
Other amounts receivable41€15,635€7,656▼
Cash at bank and in hand54/58€39€1,380▲
Deferred charges and accrued income490/1€9,528€15,206▲
Equity and liabilities
Total equity and liabilities10/49€70.6m€81.1m▲
Equity10/15€50.3m€50.6m▲
Contributions10/11€11.4m€11.4m=
Capital10€11.4m€11.4m=
Issued capital100€11.4m€11.4m=
Reserves13€1.1m€1.3m▲
Non-distributable reserves130/1€1.1m€1.1m=
Legal reserve130€1.1m€1.1m=
Tax-exempt reserves132-€168,400
Profit (loss) carried forward14€37.7m€37.9m▲
Amounts payable17/49€20.3m€30.5m▲
Amounts payable within one year42/48€20.1m€30.5m▲
Trade debts44€1.1m€1.1m▼
Suppliers440/4€1.1m€1.1m▼
Taxes, remuneration and social security45€278,938€192,237▼
Taxes450/3€167,275€86,435▼
Remuneration and social security454/9€111,663€105,802▼
Other amounts payable47/48€18.7m€29.2m▲
Accrued charges and deferred income492/3€193,391€66,035▼
Income statement Code20242025
Operating income70/76A€4.1m€3.9m▼
Turnover70€1.4m€978,434▼
Other operating income74€2.7m€2.9m▲
Operating charges60/66A€2.2m€2.4m▲
Goods for resale, raw materials and consumables60-€15,616
Purchases600/8-€15,616
Services and other goods61€1.0m€1.3m▲
Remuneration, social security and pensions62€1.1m€1.1m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,842€22,405▲
Other operating charges640/8€1,654€2,168▲
Operating profit (loss)9901€2.0m€1.5m▼
Financial income75/76B€26,419€2,484▼
Recurring financial income75€26,419€2,484▼
Income from current assets751€26,399€2,484▼
Other financial income752/9€20€0▼
Financial charges65/66B€618,762€697,470▲
Recurring financial charges65€618,762€694,024▲
Debt charges650€616,094€692,798▲
Other financial charges652/9€2,668€1,225▼
Non-recurring financial charges66B-€3,447
Profit (loss) for the period before taxes9903€1.4m€779,078▼
Income taxes67/77€134,659€126,978▼
Taxes670/3€134,659€126,978▼
Profit (loss) for the period9904€1.2m€652,100▼
Transfer to tax-exempt reserves689-€168,400
Profit (loss) for the period to be appropriated9905€1.2m€483,700▼
Appropriation of the result
Profit (loss) to be appropriated9906€38.6m€38.2m▼
Profit (loss) brought forward from the previous period14P€37.4m€37.7m▲
Profit to be distributed694/7€870,000€315,000▼
Directors or managers695€870,000€315,000▼
Social balance
Average headcount (FTE)908711.510.8▼

The notes to these accounts (47 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A-€6.1m€4.8m€4.1m€3.9m▼ 6.6%
Turnover70€720,000€776,083€716,624€1.4m€978,434▼ 30.6%
Other operating income74-€5.3m€4.0m€2.7m€2.9m▲ 5.8%
Operating charges60/66A-€262,704€1.9m€2.2m€2.4m▲ 10.2%
Goods for resale, raw materials and consumables60--€7,287-€15,616-
Purchases600/8----€15,616-
Change in stocks: decrease (increase)609--€7,287---
Services and other goods61-€108,479€821,105€1.0m€1.3m▲ 24.5%
Remuneration, social security and pensions62-€95,199€1.1m€1.1m€1.1m▼ 4.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€3,568€12,842€22,405▲ 74.5%
Other operating charges640/8-€990€10,274€1,654€2,168▲ 31.1%
Non-recurring operating charges66A-€58,036€16,946---
Operating profit (loss)9901€5.7m€5.8m€2.8m€2.0m€1.5m▼ 25.1%
Financial income75/76B-€6.3m€1,641€26,419€2,484▼ 90.6%
Recurring financial income75€4,407€6.3m€1,641€26,419€2,484▼ 90.6%
Income from financial fixed assets750-€6.3m€1,628---
Income from current assets751-€2,260-€26,399€2,484▼ 90.6%
Other financial income752/9--€14€20€0▼ 99.4%
Financial charges65/66B-€297,115€335,080€618,762€697,470▲ 12.7%
Recurring financial charges65€635,285€297,115€335,080€618,762€694,024▲ 12.2%
Debt charges650€634,901€296,709€333,683€616,094€692,798▲ 12.5%
Other financial charges652/9-€406€1,397€2,668€1,225▼ 54.1%
Non-recurring financial charges66B----€3,447-
Profit (loss) for the period before taxes9903€5.1m€11.8m€2.5m€1.4m€779,078▼ 43.4%
Income taxes67/77€750,003€1.0m€332,548€134,659€126,978▼ 5.7%
Taxes670/3-€1.0m€332,548€134,659€126,978▼ 5.7%
Profit (loss) for the period9904€4.4m€10.8m€2.2m€1.2m€652,100▼ 47.4%
Transfer to tax-exempt reserves689----€168,400-
Profit (loss) for the period to be appropriated9905€4.4m€10.8m€2.2m€1.2m€483,700▼ 61.0%
Line20212022202320242025Change
Assets
Total assets20/58€62.6m€62.0m€61.3m€70.6m€81.1m▲ 14.9%
Fixed assets21/28€61.0m€61.0m€61.0m€70.3m€80.9m▲ 15.0%
Tangible fixed assets22/27--€56,988€45,558€80,395▲ 76.5%
Land and buildings22----€2,280-
Plant, machinery and equipment23----€2,566-
Furniture and vehicles24--€56,988€45,558€75,550▲ 65.8%
Financial fixed assets28€61.0m€61.0m€61.0m€70.3m€80.8m▲ 15.0%
Affiliated companies280/1-€61.0m€61.0m€70.3m€80.8m▲ 15.0%
Participating interests280-€61.0m€61.0m€70.3m€80.8m▲ 15.0%
Other financial fixed assets284/8---€80€80=
Amounts receivable and cash guarantees285/8---€80€80=
Current assets29/58€1.7m€1.1m€253,635€259,268€240,374▼ 7.3%
Stocks and contracts in progress3€7,287€7,287----
Stocks30/36-€7,287----
Property held for sale35-€7,287----
Amounts receivable within one year40/41€1.7m€1.0m€233,527€249,701€223,788▼ 10.4%
Trade receivables40-€178,253€233,527€234,066€216,132▼ 7.7%
Other amounts receivable41-€862,134€0€15,635€7,656▼ 51.0%
Cash at bank and in hand54/58--€10,955€39€1,380▲ 3,418%
Deferred charges and accrued income490/1-€4,040€9,153€9,528€15,206▲ 59.6%
Equity and liabilities
Total equity and liabilities10/49€62.6m€62.0m€61.3m€70.6m€81.1m▲ 14.9%
Equity10/15€39.5m€48.9m€49.9m€50.3m€50.6m▲ 0.7%
Contributions10/11€11.4m€11.4m€11.4m€11.4m€11.4m=
Capital10-€11.4m€11.4m€11.4m€11.4m=
Issued capital100-€11.4m€11.4m€11.4m€11.4m=
Reserves13€1.1m€1.1m€1.1m€1.1m€1.3m▲ 14.8%
Non-distributable reserves130/1-€1.1m€1.1m€1.1m€1.1m=
Legal reserve130-€1.1m€1.1m€1.1m€1.1m=
Tax-exempt reserves132----€168,400-
Profit (loss) carried forward14€27.0m€36.4m€37.4m€37.7m€37.9m▲ 0.4%
Amounts payable17/49€23.1m€13.1m€11.4m€20.3m€30.5m▲ 50.2%
Amounts payable after more than one year17€3.1m€1.0m----
Financial debts170/4-€1.0m----
Credit institutions173-€1.0m----
Amounts payable within one year42/48€20.1m€11.9m€11.2m€20.1m€30.5m▲ 51.4%
Current portion of amounts payable after more than one year42-€2.0m€1.0m---
Trade debts44€9,220€2.2m€139,024€1.1m€1.1m▼ 4.2%
Suppliers440/4-€2.2m€139,024€1.1m€1.1m▼ 4.2%
Taxes, remuneration and social security45-€328,598€321,033€278,938€192,237▼ 31.1%
Taxes450/3-€279,784€190,098€167,275€86,435▼ 48.3%
Remuneration and social security454/9-€48,815€130,936€111,663€105,802▼ 5.2%
Other amounts payable47/48-€7.3m€9.7m€18.7m€29.2m▲ 55.9%
Accrued charges and deferred income492/3-€171,182€172,446€193,391€66,035▼ 65.9%
Line20212022202320242025Change
Profit (loss) for the period9904€4.4m€10.8m€2.2m€1.2m€652,100▼ 47.4%
+ Depreciation and write-downs630--€3,568€12,842€22,405▲ 74.5%
Operating cash flow (approximation)€4.4m€10.8m€2.2m€1.3m€674,505▼ 46.2%
Investment in fixed assets (approximation)-€0-€60,556-€9.3m-€10.6m▼ 13.7%
Change in cash----€10,916€1,341▲ 112%

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

Next filing, fiscal year 2026, expected by 28-02-2027
2026
15-09
State Gazette act General meeting · Director appointment
Permanent representative · Director resignation
23-03
NBB filing Annual accounts filed
fiscal year 2025 · consolidated
19-03
State Gazette act Merger · Accounting effect
Real estate · Corporate purpose
19-03
State Gazette act Corporate purpose · Permanent representative
Merger · Real estate
24-02
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-07
Financial Weakest financial yearnet €652,100 ▼47.4%
Net result drops to €652,100, the lowest in the series.
31-03
NBB filing Annual accounts filed
fiscal year 2024 · consolidated
25-02
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-07
Financial Equity above €50mEq €50.3m ▲0.7%
6 profitable years in a row build equity to €50.3m.
26-03
NBB filing Annual accounts filed
fiscal year 2023 · consolidated
23-02
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
14-03
NBB filing Annual accounts filed
fiscal year 2022 · consolidated
Show earlier events
23-02
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-03
NBB filing Annual accounts filed
fiscal year 2021 · consolidated · 4 days late
04-03
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 4 days late
2020
31-07
Financial Highest result since 2019net €15.3m ▲239%
Net result €15.3m, the highest in the series.
31-07
Financial Equity above €25mEq €37.3m ▲55.5%
2 profitable years in a row build equity to €37.3m.
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 19 acts read
About the unread acts

We know of 19 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
19 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, Eeklo · 2 establishment units since 2022
seat establishment All 2 establishment units on the map
Ground area
3.3 ha
Building footprint
2,582 m²
Volume, LiDAR
14,342 m³
2 parcels, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
8 companies at this address See who is registered here
2 establishment units
MBMC NV
Brugsesteenweg 303, 9900 EekloHoldings
since 20222.333.108.435
MBMC NV
Berlaarsesteenweg 128, 2500 LierManufacture of other non-metallic mineral products
since 20232.340.332.658
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12392C0421/00D000 Flanders 1.8 ha 1 · 2,066 m² 7.2 m · 2 fl.
43005A0747/00G000 Flanders 1.5 ha 1 · 516 m² 5.4 m · 1 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.

Structure & network

Heads the group MBMC 13 companies Group, risk and exposure

Owners and holdings

10 holdings · 12 subsidiaries in the tree

Owners 0

The accounts to 31-07-2025 list no shareholders, and no other source names one.

Holdings 10

All subsidiaries, including indirect ones 12

Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.

According to the annual accounts to 31-07-2025 of MBMC and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

Depth

The group is listed under Ownership & control below; here you explore it as a network.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Ownership & control

1 board mandate
Board mandates of this companythis company sits on their board1

Public money · subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 1,643 EUR awarded · 1,624 EUR paid
Year Entries awardedpaid
2025 1 592 EUR592 EUR
2024 1 693 EUR693 EUR
2023 1 296 EUR277 EUR
2022 1 62 EUR62 EUR
Schemes
4 entries · 1,643 EUR · 1,624 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 2,697 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded13-02-1996
Fiscal year end31-07
Activities, NACEBEL 2025
23620Manufacture of other non-metallic mineral products
64210Activities of holding companies
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0457283338
Registered 20-11-2025

Register as of 27 September 2026 · Peppol Directory

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