MBWF
ActiveSummary
MBWF has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €65,299 and a net result of €6,803. Equity has been growing by about 34% per year since 2018. Its solvency ranks better than 95% of 1,240 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Official details
Source: KBO- Status
- Active since 29-09-1986 Normal situation
- Activity
- Manufacture of fabricated metal products, except machinery and equipment NACE 25120
- Establishment unit
- 2.034.686.054 9120 Beveren-Kruibeke-Zwijndrecht, since 27-10-1986
- Financial year end
- 31 December
- Peppol
- Reachable since 25-11-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- €24,583
- ▼ 33.2%
- Turnover
- ≈ €170,000
- estimated
- Profit
- €6,803
- ▼ 69.6%
- Equity
- €65,299
- ▲ 11.6%
- Total assets
- €65,668
- ▼ 34.8%
Score breakdownraises risk1 change of registered office in 24 monthsSize: total assets €65,668lowers riskLiquidity: current ratio 87.67, cash €17,682, halvedEquity €65,299 (99.4% of total assets)Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 25, micro). It does better than 90% of them on solvency, 82% on liquidity, 67% on profitability and 61% on growth.
The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 6 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Company renamed from DE VOGEL - WAUMAN to MBWFRegistered office moved from Sint-Niklaas to Beveren · Change of role: WAUMAN Frédien, from manager to director · Appointments: WAUMAN Martine (director) and VAN DEN BRANDEN Bert (director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as MBWF: manufacture of fabricated metal products, except machinery and equipment (NACE 25120). They are comparable in size and age: total assets between €50,900 and €155,000, founded between 1984 and 2000.
| Company | Total assets | Gross margin |
|---|---|---|
| MBWF Beveren-Kruibeke-Zwijndrecht | €65,668 | €24,583 |
| FERRONNERIE CARDINAEL Morlanwelz | €62,068 | €49,792 |
| METALUX Bouillon | €79,848 | €54,136 |
| WEPKA Grez-Doiceau | €50,913 | €33,947 |
| ALLCON Aalter | €155,319 | €36,272 |
| H. Fonteyn Scherpenheuvel-Zichem | €71,960 | €13,449 |
| Etablissements LEONARD Braine-le-Château | €71,458 | €59,733 |
Key facts about MBWF
- What is the company number of MBWF?
- The company number of MBWF is 0429.578.752. The VAT number is the same number with BE in front: BE 0429.578.752.
- Where is MBWF based?
- The registered office is at Brandstraat(VRA) 34, 9120 Beveren-Kruibeke-Zwijndrecht.Company details
- What does MBWF do?
- According to the KBO register, the main activity is manufacture of fabricated metal products, except machinery and equipment (NACE 25120).
- What is the legal form of MBWF?
- The legal form of MBWF is Private limited company (BV).
- When was MBWF founded?
- MBWF was founded on 29-09-1986.
- Is MBWF still active?
- Yes, MBWF is an active enterprise in the KBO register.
- What is the turnover of MBWF?
- The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €24,583 and 36 comparable companies (NACE 25). It probably lies between €70,000 and €320,000. It is a rough estimate.Financials
- Is MBWF profitable?
- In financial year 2025, MBWF made a profit of €6,803.
- Where can I find the annual accounts of MBWF?
- MBWF filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MBWF due?
- MBWF must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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