MBN CONSULTING
ActiveSummary
MBN CONSULTING has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €366k and a net result of €27k. Equity is growing by ~13% per year across the filed fiscal years. Its solvency ranks better than 61% of 13305 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-2
Solvency68▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity short (current ratio 0.33 against 0.36 in 2024; short-term debt: 20.9% and cash: 0.5% of total assets), and 57.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 2025Solvency, return and age of the figures
Solvency
42.8%
Return on assets
3.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-04-2026, 115 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
115 d early
2024
51 d early
2023
48 d early
2022
101 d early
2021
62 d early
2020
124 d early
2019
9 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€0
Total assets
€857k▼ 9.3%
2024 · €945k
2018: €1.21M
2019: €1.33M
2020: €1.26M
2021: €1.37M
2022: €1.15M
2023: €1.03M
2024: €945k
2018 → 2025
Net result
€27k▼ 41.9%
2024 · €46k
2018: €26k
2019: €72k
2020: €-5k
2021: €63k
2022: €62k
2023: €-17k
2024: €46k
2018 → 2025
Working capital
€-121k▲ 7.8%
2024 · €-131k
2018: €-78k
2019: €-146k
2020: €20k
2021: €-10k
2022: €-79k
2023: €-134k
2024: €-131k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€249k-€311k▲ 25.1%€293k▼ 5.6%€340k▲ 15.7%€366k▲ 7.9%
Operating result€114k-€119k▲ 4.4%€3k▼ 97.3%€82k▲ 2,495%€60k▼ 26.2%
Net result€63k-€62k▼ 1.7%€-17k€46k€27k▼ 41.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 26% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €857k
Fixed assets
€798k ▼ 8.4%
Current assets
€59k ▼ 20.1%
Equity and liabilities €857k
Equity
€366k ▲ 7.9%
Debt
€491k ▼ 18.9%
Debt's share of the balance-sheet total falls from 64.0% to 57.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€150k▼
2024 · €172k
Cash flow
€116k▼
2024 · €136k
Current ratio
0.33▼
2024 · 0.36
Quick ratio
0.21▼
2024 · 0.27
Debt to equity
1.34▼
2024 · 1.78
ROE
7.3%▼
2024 · 13.6%
ROA
3.1%▼
2024 · 4.9%
Interest coverage
7.81▼
2024 · 8.49
Debt ≤ 1 year
€179k▼
2024 · €204k
Debt > 1 year
€311k▼
2024 · €400k
Income taxes
€14k▼
2024 · €17k
Staff costs
€6k▲
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€945k€857k▼
Fixed assets21/28€871k€798k▼
Tangible fixed assets22/27€871k€798k▼
Land and buildings22€784k€734k▼
Plant, machinery and equipment23€73k€48k▼
Furniture and vehicles24€14k€16k▲
Financial fixed assets28€540€540=
Current assets29/58€73k€59k▼
Stocks and contracts in progress3€18k€21k▲
Stocks30/36€18k€21k▲
Amounts receivable within one year40/41€20k€9k▼
Other amounts receivable41€20k€9k▼
Cash at bank and in hand54/58€26k€4k▼
Deferred charges and accrued income490/1€9k€25k▲
Equity and liabilities
Total equity and liabilities10/49€945k€857k▼
Equity10/15€340k€366k▲
Contributions10/11€170k€170k=
Reserves13€170k€196k▲
Distributable reserves133€170k€196k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€605k€491k▼
Amounts payable after more than one year17€400k€311k▼
Financial debts170/4€400k€311k▼
Amounts payable within one year42/48€204k€179k▼
Current portion of amounts payable after more than one year42€127k€90k▼
Financial debts43€0€21k▲
Credit institutions430/8€0€21k▲
Trade debts44€51k€47k▼
Suppliers440/4€51k€47k▼
Taxes, remuneration and social security45€8k€7k▼
Taxes450/3€7k€7k▼
Remuneration and social security454/9€1k€850▼
Other amounts payable47/48€18k€14k▼
Accrued charges and deferred income492/3€828€985▲
Income statement
Code20242025
Remuneration, social security and pensions62€3k€6k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€90k€89k▼
Other operating charges640/8€7k€8k▲
Gross operating margin9900€182k€163k▼
Operating profit (loss)9901€82k€60k▼
Financial income75/76B€2k€121▼
Recurring financial income75€2k€121▼
Financial charges65/66B€20k€19k▼
Recurring financial charges65€20k€19k▼
Profit (loss) for the period before taxes9903€63k€41k▼
Income taxes67/77€17k€14k▼
Profit (loss) for the period9904€46k€27k▼
Profit (loss) for the period to be appropriated9905€46k€27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€30k€27k▼
Profit (loss) brought forward from the previous period14P€-16k€0▲
Transfer from equity791/2€0-
Transfer to equity691/2€30k€27k▼
To other reserves6921€30k€27k▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €46k
Net result €46k after one loss-making year.
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
21-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €63k
Net result €63k after one loss-making year.
31-12
Financial
Equity above €200kEq €249k ▲34.2%
Equity rises from €185k to €249k.
29-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity quadruplescurrent ratio 1.20
Current ratio from 0.28 to 1.20; short-term debt falls from €204k to €103k.
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial
Highest result since 2018net €72k ▲177%
Net result €72k, the highest in the series.
31-12
Financial
Equity above €150kEq €190k ▲61.2%
2 profitable years in a row build equity to €190k.
25-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
15-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Kortrijk · 1 establishment unit since 2003
Ground area
192 m²
Building footprint
92 m²
Volume, LiDAR
755 m³
Parcel 34353H1472/00C000, Flanders · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MBN Consulting
since 20032.160.724.785
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34353H1472/00C000 | Flanders | 192 m² | 1 · 91 m² | 11.1 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteKortrijk2.160.724.785
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Of 14,009 companies in sector 56301 we hold annual accounts for 4,890. 2,381 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-08-2003
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.