MELLOWCAPITAL
ActiveMELLOWCAPITAL has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17k and a net result of €60k. Equity is shrinking by ~14.1% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 20% of 7709 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency35▲+35
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 8.97 against 8.05 in 2024; short-term debt: 8.5% and cash: 61.3% of total assets), but 89.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
10.2%
Return on assets
37.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 7709 sector peers (2025).
NBB · sector comparisonPosition among 7709 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 10 filingsDeviation from the deadline
2025
25 d late
2024
29 d late
2023
40 d late
2022
9 d late
2021
61 d late
2020
19 d late
2019
67 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 monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€17k
2024 · €-44k
2018: €163k
2019: €168k
2020: €180k
2021: €165k
2022: €165k
2023: €96k
2024: €-44k
2018 → 2025
Total assets
€161k▲ 6.3%
2024 · €152k
2018: €379k
2019: €611k
2020: €657k
2021: €330k
2022: €355k
2023: €321k
2024: €152k
2018 → 2025
Net result
€60k
2024 · €-140k
2018: €18k
2019: €18k
2020: €12k
2021: €-16k
2022: €250
2023: €-68k
2024: €-140k
2018 → 2025
Working capital
€109k▲ 10.5%
2024 · €99k
2018: €-21k
2019: €-255k
2020: €11k
2021: €-11k
2022: €4k
2023: €130k
2024: €99k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€165k-€165k▲ 0.2%€96k▼ 41.5%€-44k€17k
Operating result€-9k-€3k€70k▲ 1,953%€-8k€62k
Net result€-16k-€250€-68k€-140k▼ 104%€60k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €62k after a loss of €8k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €161k
Fixed assets
€38k▼ 1.2%
Current assets
€123k▲ 8.9%
Equity and liabilities €161k
Equity
€17k
Debt
€145k
Debt finances 89.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€67k▲
2024 · €-4k
Cash flow
€65k▲
2024 · €-136k
Solvency
10.2%▲
2024 · -28.7%
Current ratio
8.97▲
2024 · 8.05
Quick ratio
8.97▲
2024 · 8.05
Debt / equity
8.77▲
2024 · -4.48
ROE
364.0%
ROA
37.3%▲
2024 · -92.3%
Interest coverage
30.64▲
2024 · -13.26
Debt
€145k▼
2024 · €195k
Debt ≤ 1 year
€14k▼
2024 · €14k
Debt > 1 year
€131k▼
2024 · €181k
Income taxes
€756▲
2024 · €92
Staff costs
€5k▼
2024 · €8k
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€152k€161k▲
Fixed assets21/28€39k€38k▼
Tangible fixed assets22/27€36k€36k▼
Land and buildings22€29k€27k▼
Furniture and vehicles24€5k€7k▲
Other tangible fixed assets26€2k€2k▼
Financial fixed assets28€3k€3k=
Current assets29/58€113k€123k▲
Amounts receivable within one year40/41€66k€22k▼
Trade receivables40€17k€4▼
Other amounts receivable41€49k€22k▼
Cash at bank and in hand54/58€46k€99k▲
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€152k€161k▲
Equity10/15€-44k€17k▲
Contributions10/11€19k€19k=
Reserves13€44k€44k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€38k€38k=
Distributable reserves133€5k€5k=
Profit (loss) carried forward14€-107k€-47k▲
Amounts payable17/49€195k€145k▼
Amounts payable after more than one year17€181k€131k▼
Financial debts170/4€181k€131k▼
Amounts payable within one year42/48€14k€14k▼
Current portion of amounts payable after more than one year42-€3k
Trade debts44€14k€9k▼
Suppliers440/4€14k€9k▼
Taxes, remuneration and social security45€92€1k▲
Taxes450/3€92€1k▲
Income statement
Code20242025
Remuneration, social security and pensions62€8k€5k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Other operating charges640/8€1k€875▼
Gross operating margin9900€5k€73k▲
Operating profit (loss)9901€-8k€62k▲
Financial income75/76B€7k€1k▼
Recurring financial income75€7k€1k▼
Financial charges65/66B€139k€3k▼
Recurring financial charges65€291€2k▲
Non-recurring financial charges66B€138k€571▼
Profit (loss) for the period before taxes9903€-140k€61k▲
Income taxes67/77€92€756▲
Profit (loss) for the period9904€-140k€60k▲
Profit (loss) for the period to be appropriated9905€-140k€60k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-107k€-47k▲
Profit (loss) brought forward from the previous period14P€33k€-107k▼
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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
31-12
Financial
Back to profitnet €60k
Net result €60k after 2 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €-140k
Net result drops to €-140k, the lowest in the series; recovery starts the following year.
09-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 40 days late
2023
31-12
Financial
Liquidity times 10current ratio 10.49
Current ratio from 1.10 to 10.49; short-term debt falls from €39k to €14k.
09-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 9 days late
2022
31-12
Financial
Back to profitnet €250
Net result €250 after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
31-12
Financial
Liquidity times 7current ratio 1.12
Current ratio from 0.16 to 1.12; short-term debt falls from €302k to €91k.
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 67 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Ukkel · 2 establishment units since 2010
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.
Dieweg 56B1180 UkkelGround area
1.9 ha
Building footprint
1,270 m²
Volume, LiDAR
28,107 m³
2 parcels, Brussels · tallest building 33.6 m, ±9 floors. Linked by address, not a title deed.
2 establishment units
Dieweg 56B, 1180 Ukkel
since 20102.189.438.369
Roze Hoevelaan 9B, 1180 Ukkel
since 20162.270.059.425
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21618B0434/00A000 | Brussels | 1.0 ha | 1 · 866 m² | 33.6 m · 9 fl. |
| 21614E0065/00N010 | Brussels | 8,303 m² | 1 · 404 m² | 13.7 m · 4 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.
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Of 11,219 companies in sector 82100 we hold annual accounts for 3,512. 2,147 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-06-2010
Fiscal year end31-12
Abbreviation FR
MLCAP
Activities, NACEBEL
82100Office administrative and support services
82110Office administrative, office support and other business support activities
46180Agents specialised in the wholesale of other particular products
46190Agents in non-specialised wholesale trade
62020IT consultancy
62200Computer consultancy and computer facilities management
68110Buying and selling of own real estate
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:mleidensdorf@gmail.com
Phone:+32 477 200 701