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Mbrella

Active
Private limited companyfounded 2021active for 4 yearsKantersteen 12, 1000 Brussel, Belgium59 active companies are registered at this addressKBO/BCE: BE 0776.753.432
Summary

Mbrella has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.6m and a net result of -€2.2m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 62% of 3,800 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Business and other management consultancy
NACE 70200Other technical testing and analysis NACE 71209
1 site
Size
€5.3mtotal assets 2025
Staff
24.6 FTE
Equity
€3.6m
Loss
-€2.2m
Financial health
69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Structure
Parent
Lab Box · 100%
Auditor: KPMG Réviseurs d'Entreprises BV/SRLAccounts 73 days early5 of 14 deeds read
Why 69raises riskLiquidity: current ratio 4.89, cash €0, halvedLoss of €2.2m, the second in a row (financial year 2025)lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Founded in 2021Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 27% of its sector peers (NACE 70, small)
Financial strength · tick = 2024
Average
Solvency 92-8
equity 67.1% of total assets
Liquidity 48-52
short-term debt 13.9% · cash 0.0%
Profitability 0=
return on assets -42.1%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (4,512 companies, NACE 70, small)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.2%▼ -0.1 percentage points vs 06-2025lowest value 08-2025: 0.2%● unchanged vs 07-2025lowest value 09-2025: 0.2%● unchanged vs 08-2025lowest value 10-2025: 0.2%● unchanged vs 09-2025lowest value 11-2025: 0.2%● unchanged vs 10-2025lowest value 12-2025: 0.2%● unchanged vs 11-2025lowest value 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026lowest value 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 1.2%▲ +1.0 percentage point vs 05-2026highest value 07-2026: 1.2%● unchanged vs 06-2026highest value 08-2026: 1.2%● unchanged vs 07-2026highest value 09-2026: 1.2%● unchanged vs 08-2026highest value 10-2026: 0.6%▼ -0.6 percentage points vs 09-2026
Credit of up to €240,000 on 30-day terms is acceptable
Liquidity ample (current ratio 4.89, compared with 8.6 in 2024; short-term debt: 13.9% and cash: 0% of total assets), and 32.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, small): better than 63% on solvency, 38% on liquidity, 1% on profitability and 6% on growth.

The bankruptcy probability was computed on 11-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
raises risk · Liquidity: current ratio 4.89, cash €0, halved
NBB · annual accounts
raises risk · Loss of €2.2m, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Founded in 2021
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
22232425
2022 to 2025 · latest year -€2.2m
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 19-05-2026, 73 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
73 days early
2024
44 days early
2023
28 days early
2022
67 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 53 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 June (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
12-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointments: TGFM (director) and Laurence Willems…Permanent representative: Tangi Merckx ·…
  2. Appointment: KPMG Réviseurs d'Entreprises BV/SRL (statutory…Permanent representative: Joffrey Ankaert
  3. Annual accounts filedfinancial year 2025 · full…

Key points

  • Risk: 4 loss-making years in a rowloss financial year 2025 -€2.2m View
  • Caution: Among the weakest 5% on net resultsector median €55,257 · 3,799 companies -€2.2m View
  • Board changedlatest change 05-10-2026 · 2 in office 2 joined · 1 left View
  • Controlled by Lab Boxultimately: ARROYO 100% View
  • Caution: Equity fell in 2025from €5.8m to €3.6m ▼ 38.6% View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View

By topic

Financials

Financial year
2025
Total assets
€5.3m
Loss
-€2.2m
Solvency
67.1%
Total assets▼ 22.1%
Net result
20222025
Go to Financials

Board & ownership

Board
2 members
Parent
Lab Box · 100%
Auditor
KPMG Réviseurs d'Entreprises BV/SRL
  • Laurence WillemsDirector
  • TGFMManaging director
Go to Board & ownership

Timeline

Events
12
Since
2023
Next accounts
by 31-07-2027
  1. 06-03-2026Purpose · Amendment of the articles
  2. 12-02-2026Permanent representative: Joffrey Ankaert
  3. 18-11-2025Reappointment: KPMG Réviseurs d'Entreprises BV/SRL (statutory auditor)
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Business and other management consultancyNACE 70200
Founded
02-11-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
2
Purpose
“La gestion, le développement et la commercialisation de logiciels de gestion de mobilité…” (deed in French)
Go to Articles of association

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