MBRE Management
ActiveMBRE Management has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €139k and a net result of €32k. Equity is growing by ~16.9% per year across the filed fiscal years. Its solvency ranks better than 57% of 13882 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
86
/ 100
Excellent▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency81▼-3
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 3.23 against 2.69 in 2024), but 61.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
38.2%
Return on assets
8.8%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
28 d late
2024
13 d early
2023
20 d late
2022
32 d early
2021
34 d early
2020
32 d early
2019
32 d early
← before the deadline
after the deadline →
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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€139k▲ 6.4%
2024 · €131k
2018: €44k
2019: €83k
2020: €50k
2021: €71k
2022: €66k
2023: €79k
2024: €131k
2018 → 2025
Total assets
€364k▲ 11.9%
2024 · €326k
2018: €59k
2019: €103k
2020: €123k
2021: €332k
2022: €304k
2023: €283k
2024: €326k
2018 → 2025
Net result
€32k▼ 38.7%
2024 · €52k
2018: €36k
2019: €40k
2020: €30k
2021: €21k
2022: €35k
2023: €13k
2024: €52k
2018 → 2025
Working capital
€76k▲ 21.2%
2024 · €63k
2018: €40k
2019: €79k
2020: €48k
2021: €46k
2022: €21k
2023: €24k
2024: €63k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€71k-€66k▼ 7.2%€79k▲ 18.9%€131k▲ 66.2%€139k▲ 6.4%
Operating result€24k-€50k▲ 106%€22k▼ 56.2%€48k▲ 122%€43k▼ 11.5%
Net result€21k-€35k▲ 63.5%€13k▼ 64.1%€52k▲ 317%€32k▼ 38.7%
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 12% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €364k
Fixed assets
€254k▲ 12.6%
Current assets
€110k▲ 10.3%
Equity and liabilities €364k
Equity
€139k▲ 6.4%
Debt
€225k▲ 15.6%
The debt ratio rises from 59.8% to 61.8%: debt grows faster than equity.
Key figures and ratios
EBITDA
€53k▼
2024 · €57k
Cash flow
€42k▼
2024 · €61k
Solvency
38.2%▼
2024 · 40.2%
Current ratio
3.23▲
2024 · 2.69
Quick ratio
3.23▲
2024 · 2.69
Debt / equity
1.62▲
2024 · 1.49
ROE
22.9%▼
2024 · 39.8%
ROA
8.8%▼
2024 · 16.0%
Interest coverage
11.98▲
2024 · 11.23
Debt
€225k▲
2024 · €195k
Debt ≤ 1 year
€34k▼
2024 · €37k
Debt > 1 year
€179k▲
2024 · €158k
Income taxes
€11k▼
2024 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€326k€364k▲
Fixed assets21/28€226k€254k▲
Tangible fixed assets22/27€224k€216k▼
Land and buildings22€220k€211k▼
Furniture and vehicles24€4k€5k▲
Financial fixed assets28€2k€38k▲
Current assets29/58€100k€110k▲
Amounts receivable within one year40/41€32k€19k▼
Trade receivables40€12k€16k▲
Other amounts receivable41€20k€3k▼
Current investments50/53€24k-
Cash at bank and in hand54/58€44k€91k▲
Equity and liabilities
Total equity and liabilities10/49€326k€364k▲
Equity10/15€131k€139k▲
Contributions10/11€19k€19k=
Reserves13€112k€121k▲
Distributable reserves133€112k€121k▲
Amounts payable17/49€195k€225k▲
Amounts payable after more than one year17€158k€179k▲
Financial debts170/4€158k€179k▲
Amounts payable within one year42/48€37k€34k▼
Current portion of amounts payable after more than one year42€18k€19k▲
Trade debts44€11k€6k▼
Suppliers440/4€11k€6k▼
Taxes, remuneration and social security45€8k€10k▲
Taxes450/3€6k€10k▲
Remuneration and social security454/9€2k-
Accrued charges and deferred income492/3-€12k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€10k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€60k€56k▼
Operating profit (loss)9901€48k€43k▼
Financial income75/76B€21k€5k▼
Recurring financial income75€21k€5k▼
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€64k€43k▼
Income taxes67/77€12k€11k▼
Profit (loss) for the period9904€52k€32k▼
Profit (loss) for the period to be appropriated9905€52k€32k▼
Appropriation of the result
Profit (loss) to be appropriated9906€52k€32k▼
Transfer from equity791/2-€24k
Transfer to equity691/2€52k€32k▼
To other reserves6921€52k€32k▼
Profit to be distributed694/7-€24k
Return on contributions (dividend)694-€24k
The notes to these accounts (9 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €52k ▲317%
Net result €52k, the highest in the series.
31-12
Financial
Equity above €100kEq €131k ▲66.2%
7 profitable years in a row build equity to €131k.
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
31-12
Financial
Weakest financial yearnet €13k ▼64.1%
Net result drops to €13k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-07
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.
Directors · office · real estate
Directors
3 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Donkerstraat(BEV) 619120 Beveren-Kruibeke-ZwijndrechtGround area
898 m²
Building footprint
138 m²
Volume, LiDAR
724 m³
Parcel 46003B0321/00N002, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MBRE Management
since 20172.270.380.614
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46003B0321/00N002 | Flanders | 898 m² | 1 · 138 m² | 7.3 m · 2 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.
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IMMINVEST
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ELOU CONSULT
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Of 11,700 companies in sector 68310 we hold annual accounts for 6,875. 5,230 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-11-2017
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
68322Real estate appraisal on a fee or contract basis
71113Urban planning and landscape architecture
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.