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MBPS

Active
Private limited companyfounded 20179 yrs activeCours du Bia Bouquet 20, 1348 Ottignies-Louvain-la-Neuve, BelgiumKBO/BCE: BE 0671.840.509
Summary

The computed 12-month bankruptcy probability of MBPS is 2.1% (moderate). The 2024 annual accounts show negative equity (-€297,129) and a net result of -€110,671. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability20=
Solvency6▼-3
Growth32=
Track record100
Bankruptcy probability, 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 1.84 against 2.48 in 2023; short-term debt: 54.4% and cash: 0.6% of total assets), but equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-18.6%
Return on assets
-6.9%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€297,129
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 30-06-2025, 31 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
not confirmed
2024
31 d early
2023
12 d early
2022
42 d early
2021
59 d early
2020
36 d early
2019
40 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 23 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
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

On 24 February 2017, MBPS was incorporated.1 Total assets went from EUR 508,649 in 2018 to EUR 1.6 million in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
-€297,129▼ 59.4%
2023 · -€186,458
Total assets
€1.6m▲ 40.7%
2023 · €1.1m
Net result
-€110,671▼ 38.1%
2023 · -€80,116
Working capital
€730,213▲ 7.3%
2023 · €680,383
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€69,563▼ 5.4%-€29,455-€93,642▼ 218%-€44,087▲ 52.9%-€36,024▲ 18.3%
Net result€58,776▼ 5.6%-€32,547-€104,417▼ 221%-€80,116▲ 23.3%-€110,671▼ 38.1%
Equity€30,621-€1,926-€106,342▼ 5,423%-€186,458▼ 75.3%-€297,129▼ 59.4%
Total assets€56,478▼ 84.2%€381,491▲ 575%€353,594▼ 7.3%€1.1m▲ 222%€1.6m▲ 40.7%
Debt€25,857▼ 92.8%€383,416▲ 1,383%€459,937▲ 20.0%€1.3m▲ 188%€1.9m▲ 43.3%
Working capital€30,621▼ 91.3%€381,417▲ 1,146%€285,000▼ 25.3%€680,383▲ 139%€730,213▲ 7.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€150,000-€100,000-€50,000€0€50,000Operating result 2020: €69,563€69,563Net result 2020: €58,776€58,776Operating result 2021: -€29,455-€29,455Net result 2021: -€32,547-€32,547Operating result 2022: -€93,642-€93,642Net result 2022: -€104,417-€104,417Operating result 2023: -€44,087-€44,087Net result 2023: -€80,116-€80,116Operating result 2024: -€36,024-€36,024Net result 2024: -€110,671-€110,67120202021202220232024-€150,000-€100,000-€50,000€0Operating result 2022: -€93,642-€93,600Net result 2022: -€104,417-€104,000Operating result 2023: -€44,087-€44,100Net result 2023: -€80,116-€80,100Operating result 2024: -€36,024-€36,000Net result 2024: -€110,671-€111,000202220232024
The operating result stays negative: a loss of €36,024 in 2024 against €44,087 in 2023; the loss shrinks.
Key figures and ratios
2024 value · change against 2023
Solvency
-18.6%▼
2023 · -16.4%
Current ratio
1.84▼
2023 · 2.48
Quick ratio
0.05▼
2023 · 0.05
Debt to equity
-6.39▲
2023 · -7.11
ROA
-6.9%▲
2023 · -7.0%
Debt ≤ 1 year
€871,416▲
2023 · €458,189
Debt > 1 year
€1.0m▲
2023 · €866,841
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,171 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 95% are still going.

  • Small
  • 5 to 10 years old
  • negative equity
  • a small loss
1.7% went bankrupt
2.6% stopped otherwise
95% still going

A further 1.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,171 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 31 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.1m€1.6m▲
Current assets29/58€1.1m€1.6m▲
Stocks and contracts in progress3€1.1m€1.6m▲
Stocks30/36€1.1m€1.6m▲
Amounts receivable within one year40/41€16,167€30,000▲
Other amounts receivable41€16,167€30,000▲
Cash at bank and in hand54/58€4,928€9,742▲
Deferred charges and accrued income490/1€360-
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.6m▲
Equity10/15-€186,458-€297,129▼
Contributions10/11€20,000€20,000=
Profit (loss) carried forward14-€206,458-€317,129▼
Amounts payable17/49€1.3m€1.9m▲
Amounts payable after more than one year17€866,841€1.0m▲
Financial debts170/4€866,841€1.0m▲
Amounts payable within one year42/48€458,189€871,416▲
Trade debts44€127,177€177,097▲
Suppliers440/4€127,177€177,097▲
Other amounts payable47/48€331,012€694,319▲
Income statement Code20232024
Other operating charges640/8€2,274€2,618▲
Gross operating margin9900-€41,813-€33,407▲
Operating profit (loss)9901-€44,087-€36,024▲
Financial income75/76B€795-
Recurring financial income75€795-
Financial charges65/66B€36,824€74,647▲
Recurring financial charges65€36,824€74,647▲
Profit (loss) for the period before taxes9903-€80,116-€110,671▼
Profit (loss) for the period9904-€80,116-€110,671▼
Profit (loss) for the period to be appropriated9905-€80,116-€110,671▼
Appropriation of the result
Profit (loss) to be appropriated9906-€206,458-€317,129▼
Profit (loss) brought forward from the previous period14P-€126,342-€206,458▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Other operating charges640/8-€369€1,813€2,274€2,618▲ 15.1%
Gross operating margin9900€70,639-€29,085-€91,829-€41,813-€33,407▲ 20.1%
Operating profit (loss)9901€69,563-€29,455-€93,642-€44,087-€36,024▲ 18.3%
Financial income75/76B-€850€1,595€795--
Recurring financial income75€814€850€1,595€795--
Financial charges65/66B-€3,942€12,369€36,824€74,647▲ 103%
Recurring financial charges65€7,897€3,942€12,369€36,824€74,647▲ 103%
Profit (loss) for the period before taxes9903€62,480-€32,547-€104,417-€80,116-€110,671▼ 38.1%
Income taxes67/77€3,704-----
Profit (loss) for the period9904€58,776-€32,547-€104,417-€80,116-€110,671▼ 38.1%
Profit (loss) for the period to be appropriated9905€58,776-€32,547-€104,417-€80,116-€110,671▼ 38.1%
Line20202021202220232024Change
Assets
Total assets20/58€56,478€381,491€353,594€1.1m€1.6m▲ 40.7%
Current assets29/58€56,478€381,491€353,594€1.1m€1.6m▲ 40.7%
Stocks and contracts in progress3-€240,533€274,292€1.1m€1.6m▲ 39.8%
Stocks30/36-€240,533€274,292€1.1m€1.6m▲ 39.8%
Amounts receivable within one year40/41€21,660€22,510€23,411€16,167€30,000▲ 85.6%
Other amounts receivable41-€22,510€23,411€16,167€30,000▲ 85.6%
Cash at bank and in hand54/58€34,818€118,447€55,632€4,928€9,742▲ 97.7%
Deferred charges and accrued income490/1--€259€360--
Equity and liabilities
Total equity and liabilities10/49€56,478€381,491€353,594€1.1m€1.6m▲ 40.7%
Equity10/15€30,621-€1,926-€106,342-€186,458-€297,129▼ 59.4%
Contributions10/11-€20,000€20,000€20,000€20,000=
Outside capital11--€20,000---
Other1109/19--€20,000---
Profit (loss) carried forward14€10,621-€21,926-€126,342-€206,458-€317,129▼ 53.6%
Amounts payable17/49€25,857€383,416€459,937€1.3m€1.9m▲ 43.3%
Amounts payable after more than one year17-€383,342€391,342€866,841€1.0m▲ 18.5%
Financial debts170/4-€383,342€391,342€866,841€1.0m▲ 18.5%
Amounts payable within one year42/48€25,857€74€68,594€458,189€871,416▲ 90.2%
Trade debts44--€68,520€127,177€177,097▲ 39.3%
Suppliers440/4--€68,520€127,177€177,097▲ 39.3%
Other amounts payable47/48-€74€74€331,012€694,319▲ 110%
Line20202021202220232024Change
Profit (loss) for the period9904€58,776-€32,547-€104,417-€80,116-€110,671▼ 38.1%
Operating cash flow (approximation)€58,776-€32,547-€104,417-€80,116-€110,671▼ 38.1%
Change in cash-€83,629-€62,814-€50,705€4,814▲ 109%

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

2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet -€110,671
Net result drops to -€110,671, the lowest in the series.
19-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
19-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
02-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Liquidity times 2371current ratio 5178.37
Current ratio from 2.18 to 5178.37; short-term debt falls from €25,857 to €74.
25-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
09-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 40 days late
2019
31-12
Financial Back to profitnet €62,295
Net result €62,295 after one loss-making year.
26-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
31-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
369 m²
Building footprint
188 m²
Volume, LiDAR
2,090 m³
2 parcels, Brussels, Wallonia · tallest building 19.3 m, ±5 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
MBPS
Felix Boviestraat 23, 1050 ElseneReal estate activities
since 20172.263.402.255
2 parcels
Wallonia 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
25385B0009/00Z004 Wallonia 209 m² 1 · 102 m² 10.8 m · 3 fl.
21443C0196/00C013 Brussels 160 m² 1 · 85 m² 19.3 m · 5 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded24-02-2017
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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