Skip to content

MBS Halisi

Active
Private limited companyfounded 20224 yrs activeMelkerij 20, 9820 Merelbeke-Melle, BelgiumKBO/BCE: BE 0789.697.685

MBS Halisi has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-31k) and a net result of €-14k. Equity is shrinking by ~98.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 16527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
28 / 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record94
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Sector 86
lower
← fewer bankruptcies more bankruptcies →
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 2025
Age of the figures
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
22232425
2022 to 2025 · latest year €-31k
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 03-07-2026, 28 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
28 d early
2024
27 d early
2023
138 d late
2022
36 d late
← 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 months
Position in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
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

Financials · fiscal year 2025, micro schema

Equity
€-31k▼ 78.4%
2024 · €-17k
2022: €12k 2023: €7k 2024: €-17k
2022 → 2025
Total assets
€513▼ 96.7%
2024 · €15k
2022: €68k 2023: €14k 2024: €15k
2022 → 2025
Net result
€-14k▲ 42.7%
2024 · €-24k
2022: €9k 2023: €-5k 2024: €-24k
2022 → 2025
Working capital
€-31k▼ 32.0%
2024 · €-23k
2022: €-8k 2023: €-6k 2024: €-23k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2022202320242025Trend
Equity€12k-€7k▼ 44.2%€-17k€-31k▼ 78.4%
Operating result€12k-€-5k€-24k▼ 353%€-13k▲ 43.2%
Net result€9k-€-5k€-24k▼ 359%€-14k▲ 42.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-30k€-20k€-10k€0€10kOperating result 2022: €12k€12kNet result 2022: €9k€9kOperating result 2023: €-5k€-5kNet result 2023: €-5k€-5kOperating result 2024: €-24k€-24kNet result 2024: €-24k€-24kOperating result 2025: €-13k€-13kNet result 2025: €-14k€-14k2022202320242025
The operating result stays negative: a loss of €13k in 2025 against €24k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €513
Fixed assets €85▼ 98.6%
Current assets €428▼ 95.4%
Key figures and ratios
2025 value · change against 2024
EBITDA
€-7k
2024 · €-17k
Cash flow
€-8k
2024 · €-17k
Interest coverage
-109.70
2024 · -134.44
Debt
€31k
2024 · €33k
Debt ≤ 1 year
€31k
2024 · €33k
Income taxes
€141
Ratios withheld: a balance sheet total of €513 is too small for a meaningful ratio.
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€15k€513
Fixed assets21/28€6k€85
Tangible fixed assets22/27€6k€85
Plant, machinery and equipment23€235€85
Furniture and vehicles24€6k-
Current assets29/58€9k€428
Amounts receivable within one year40/41€879-
Trade receivables40€879-
Cash at bank and in hand54/58€8k€1
Deferred charges and accrued income490/1-€427
Equity and liabilities
Total equity and liabilities10/49€15k€513
Equity10/15€-17k€-31k
Contributions10/11€3k€3k=
Profit (loss) carried forward14€-20k€-33k
Amounts payable17/49€33k€31k
Amounts payable within one year42/48€33k€31k
Trade debts44€430€1k
Suppliers440/4€430€1k
Taxes, remuneration and social security45€2k€3k
Taxes450/3€249€141
Remuneration and social security454/9€1k€3k
Other amounts payable47/48€31k€27k
Accrued charges and deferred income492/3€34€34=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€6k
Other operating charges640/8€816€356
Gross operating margin9900€-16k€-7k
Operating profit (loss)9901€-24k€-13k
Financial income75/76B€10€0
Recurring financial income75€10€0
Financial charges65/66B€124€67
Recurring financial charges65€124€67
Profit (loss) for the period before taxes9903€-24k€-13k
Income taxes67/77-€141
Profit (loss) for the period9904€-24k€-14k
Profit (loss) for the period to be appropriated9905€-24k€-14k
Appropriation of the result
Profit (loss) to be appropriated9906€-20k€-33k
Profit (loss) brought forward from the previous period14P€4k€-20k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
03-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
04-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €-24k
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
16-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 138 days late
2023
05-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 36 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Merelbeke-Melle · 1 establishment unit since 2022
establishment The establishment unit on the map
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.

Melkerij 209820 Merelbeke-Melle
Ground area
1,091 m²
Building footprint
682 m²
Volume, LiDAR
4,442 m³
2 parcels, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MBS Halisi
Hundelgemsesteenweg 338, 9820 Merelbeke-MelleAdvertising agencies
since 20222.336.311.415
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44413A0240/00V005 Flanders 822 m² 1 · 585 m² 8.1 m · 2 fl.
44043A0136/00D003 Flanders 269 m² 1 · 96 m² 11.1 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 5,983 companies in sector 86940 we hold annual accounts for 1,808. 957 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded17-08-2022
Fiscal year end31-12
Activities, NACEBEL
86906Human health activities
86940Nursing and midwifery
73110Advertising agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.