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Generated 22-07-2026
Active BE 0752.767.906Private limited company

MBMK

Sint-Pietersplein 18 ·1040 Etterbeek, Belgium· 5 yrs active
Sector: Retail trade (47621)
Conclusion Checked

The computed 12-month bankruptcy probability of MBMK is 3.4% (moderate). The 2024 annual accounts show equity of €36k and a net result of €8k. Equity is growing by ~12.2% per year across the filed fiscal years. Its solvency ranks better than 47% of 6661 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.
Key figures
Equity €36k
Net result €8k
Staff (FTE) 1.5
Better than sector 47%
Snowflake analysis 5 axes · computed by Checked
Health66Profitability100Solvency26Growth52Stability94
68 / 100

Strong profile, led by profitability.

Health 66
Profitability 100
Solvency 26
Growth 52
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
3.4% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate region +Higher-failure-rate sector +

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

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
66 / 100 Healthy
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview5 NBB filings
Annual accounts filed on 16-09-2025 with the NBB · fiscal year 2024 · micro
€0€5k€10k€15kOperating result 2021: €14k€14kNet result 2021: €9k€9kOperating result 2022: €5k€5kNet result 2022: €456€456Operating result 2024: €16k€16kNet result 2024: €8k€8k202120222024
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 ~12.2%/year over 3 fiscal years, indicative, assuming unchanged policy.
€20k€30k€40k€50k2025: €39k (€37k - €42k)2026: €43k (€40k - €46k)2027: €46k (€43k - €49k)2021: €26k2022: €27k2024: €36k202120222024202520262027
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).

Sector comparison
Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 17.9% 20.3%
better than 47% of 6661 sector peers
Net result €8k €4k
better than 59% of 6642 sector peers
Equity €36k €16k
better than 65% of 6675 sector peers
Gross operating margin €43k €24k
better than 62% of 6621 sector peers
Staff costs €19k €33k
higher than 35% of 3020 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€23k
+79.6% -7% vs sector
Net profit
€8k
+1724.6% -6% vs sector
Cash flow
€16k
+83.4% -2% vs sector
Total assets
€202k
+113.6% ≈ vs sector
Equity
€36k
+35.0% -74% vs sector
Working capital
€20k
+4.8% -71% vs sector
Employees (FTE)
2
-25.0% +25% vs sector
Staff costs
€19k
-65.2% -76% vs sector
Income taxes
€3k
+2345.2% -20% vs sector
Debt
€166k
+144.6% +192% vs sector
Debt ≤ 1y
€164k
+276.5% +204% vs sector
Debt > 1y
€2k
-92.1% -95% vs sector
Current ratio
1.12
-21.9% -51% vs sector
Quick ratio
0.56
+72.0% -64% vs sector
Solvency
17.9%
-36.8% -70% vs sector
Debt / equity
4.59
+81.2% far above sector median
ROE
23.0%
+1251.3% far above sector median
ROA
4.1%
+754.2% -6% vs sector
Interest coverage
4.84
+67.2% -25% vs sector
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€23k
Net profit€8k
Cash flow€16k
Staff costs€19k
Income taxes€3k
Dividends-
Total assets€202k
Equity€36k
Debt€166k
of which ≤ 1y€164k
of which > 1y€2k
Working capital€20k
Employees (FTE)1.5
Ratios (computed)
2024
Current ratio1.12
Quick ratio0.56
Working capital ratio9.8%
Solvency17.9%
Debt / equity4.59
Long-term debt ratio0.05
Interest coverage4.84
Gross margin-
Net margin-
ROA4.1%
ROE23.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€202k
Fixed assets 21/28€18k
Tangible fixed assets 22/27€16k
Financial fixed assets 28€2k
Current assets 29/58€184k
Stocks & contracts in progress 3€92k
Amounts receivable within one year 40/41€52k
Cash & bank 54/58€40k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€202k
Equity 10/15€36k
Contributions / capital 10/11€20k
Accumulated profits (losses) 14€16k
Amounts payable 17/49€166k
Amounts payable after one year 17€2k
Amounts payable within one year 42/48€164k
Trade debts payable within one year 44€7k
Income statement
Gross operating margin 9900€43k
Operating result 9901€16k
Financial income 75€98
Financial charges 65€5k
Result before taxes 9903€11k
Income taxes 67/77€3k
Net result for the period 9904€8k
Result to be appropriated 9905€8k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 2 directors
Current directors & mandates
  • Jihed BEN KHATER
    Director
    State Gazette act 25120164 (24-09-2025)
    Current
    05-09-2025 → present
Former directors (1)
  • Metin BEGTAS
    Director
    State Gazette act 25120164 (24-09-2025)
    Former
    - → 05-09-2025
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Legal Structure
NACE primary Retail trade(47621)
Legal form Private limited company(610)
Incorporation20-08-2020
StatusActive
Postal code1040
Connections & network 1 connected companies
Network connections
ceci & sons
Shared address
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Establishment units 1 location
LIBRAIRIE SAINT-PIERRE
Sint-Pietersplein 18, 1040 EtterbeekHandelsbemiddeling in voedings- en genotmiddelen
since 20202.307.153.413
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
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.
21362B0223/02H002 Brussels 79 m² 1 · 81 m² 16.6 m · 5 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 9 events

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

2025
08-12-2025
State Gazette act Capital & shares
v3.2
24-09-2025
State Gazette act Capital & shares
v3.2
16-09-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
31-08-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
2023
11-09-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
2022
14-07-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
2021
30-06-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
08-02-2021
State Gazette act Registered-office change
v3.2
2020
24-08-2020
State Gazette act Incorporation
oprichting
Belgisch Staatsblad, acts 4 acts
Capital history · 2
08-12-2025
v3.2
24-09-2025
v3.2
Address history · 1
08-02-2021
v3.2
All acts · 4 updated 7 months ago
2025
08-12-2025 Transaction in capital or shares Capital & shares
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "share_transfer",
      "amount": 1000,
      "currency": null,
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "amount_type": "onbekend",
      "effective_date": "2025-12-01",
      "evidence_quote": "Monsieur Yavuz MALKOC domicili\u00E9 Boulevard Emile Bockstael 352 \u00E0 1020 Laeken, transf\u00E8re 1000 actions \u00E0 Monsieur Jihed BEN KHATER domicili\u00E9 \u00E0 Rue Louis Lumi\u00E8re 15 \u00E0 1190 Forest.",
      "contribution_type": null
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0752.767.906",
    "name_full": "MBMK",
    "legal_form": "SRL"
  }
}
24-09-2025 Transaction in capital or shares Capital & shares
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "share_transfer",
      "amount": 500,
      "currency": null,
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "amount_type": "onbekend",
      "effective_date": "2023-09-01",
      "evidence_quote": "Monsieur Metin BEGTAS domicili\u00E9 Karel Woestijnelaan 1 \u00E0 1780 Wemmel et Monsieur Manuel KESLER domicili\u00E9 \u00E0 Dokter Albert Schweitzerstraat 31 \u00E0 1831 Diegem, transf\u00E8rent chacun 500 actions \u00E0 Monsieur Yavuz MALKOC domicili\u00E9 Boulevard Emile Bockstael 352 \u00E0 1020 Laeken.",
      "contribution_type": null
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0752.767.906",
    "name_full": "MBMK",
    "legal_form": "SRL"
  }
}
2021
08-02-2021 Registered office moved from Anderlecht to Etterbeek Registered-office change
  • Rue Wayez 42, 1070 Anderlecht → Place Saint-Pierre 18, 1040 Etterbeek
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "statutaire",
      "new_address": {
        "city": "Etterbeek",
        "region": "Brussels",
        "street": "Place Saint-Pierre",
        "country": "BE",
        "postcode": "1040",
        "box_number": null,
        "street_number": "18"
      },
      "old_address": {
        "city": "Anderlecht",
        "region": "Brussels",
        "street": "Rue Wayez",
        "country": "BE",
        "postcode": "1070",
        "box_number": null,
        "street_number": "42"
      },
      "effective_date": "2020-08-20",
      "evidence_quote": "d\u00E9cide de transf\u00E9rer le si\u00E8ge de la soci\u00E9t\u00E9 \u00E0 partir du 20 ao\u00FBt 2020 \u00E0 l\u0027adresse Place Saint-Pierre 18 \u00E0 1040 Etterbeek."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0752.767.906",
    "name_full": "MBMK",
    "legal_form": "SRL"
  }
}
2020
24-08-2020 Incorporation of a new SRL Incorporation
Summary: oprichting
Technical details 
{
  "kind": "oprichting",
  "seat": "1070 Anderlecht, Rue Wayez, 42",
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "founders": [
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": "1991-02-04",
        "name": "Manuel KESLER",
        "niss": null,
        "address": "1140 Evere, Avenue de l\u2019Oud-Kapelleke, 10 \u2013 B009"
      },
      "share_class": "Ordinary",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 10000,
      "holder_person_name": "Manuel KESLER",
      "is_subscriber_only": false,
      "n_shares_subscribed": 500,
      "amount_subscribed_eur": 10000,
      "is_anonymous_silent_partner": false
    },
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": "1992-07-16",
        "name": "Metin BEGTAS",
        "niss": null,
        "address": "2800 Mechelen, Battelsesteenweg, 421"
      },
      "share_class": "Ordinary",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 10000,
      "holder_person_name": "Metin BEGTAS",
      "is_subscriber_only": false,
      "n_shares_subscribed": 500,
      "amount_subscribed_eur": 10000,
      "is_anonymous_silent_partner": false
    }
  ],
  "capital_eur": 20000,
  "subject_company": {
    "kbo": "0752.767.906",
    "name_full": "MBMK",
    "legal_form": "SRL"
  },
  "initial_directors": [],
  "incorporation_date": "2020-08-19",
  "post_incorporation_mandates": []
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Detailhandel in kranten en kantoorbehoeften in gespecialiseerde winkels47620Detailhandel in kranten en andere tijdschriften47621Detailhandel in boeken in gespecialiseerde winkels47610Detailhandel in boeken47610Loterijen en kansspelen92000Activiteiten van loterijen en kansspelen92000
Primary activity highlighted.
Names & trade names
Legal nameFR MBMK
Registered office
Sint-Pietersplein 18
1040 Etterbeek, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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BJOKER BE 0501.623.325 · Diest
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative