MF COMPANY
ActiveThe computed 12-month bankruptcy probability of MF COMPANY is 2.1% (moderate). The 2025 annual accounts show equity of €22k and a net result of €-1k. Equity is growing by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 33% of 18237 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
38
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability34▼-5
Solvency39=
Growth52=
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.89 against 0.88 in 2024; short-term debt: 86.1% and cash: 10.1% of total assets), and 86.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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 2025Solvency, return and age of the figures
Solvency
13.9%
Return on assets
-0.7%
Age of the figures
9 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 10-09-2026, 41 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 · 4 filingsDeviation from the deadline
2025
41 d late
2024
35 d late
2023
27 d early
2022
2 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€22k▼ 4.7%
2024 · €24k
2022: €20k
2023: €22k
2024: €24k
2022 → 2025
Total assets
€161k▼ 7.1%
2024 · €173k
2022: €149k
2023: €107k
2024: €173k
2022 → 2025
Net result
€-1k
2024 · €2k
2022: €19k
2023: €3k
2024: €2k
2022 → 2025
Working capital
€-15k▲ 14.3%
2024 · €-18k
2022: €14k
2023: €-24k
2024: €-18k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€20k-€22k▲ 12.9%€24k▲ 6.8%€22k▼ 4.7%
Operating result€25k-€8k▼ 65.7%€11k▲ 35.3%€11k▼ 5.6%
Net result€19k-€3k▼ 87.0%€2k▼ 40.2%€-1k
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 6% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €161k
Fixed assets
€38k▼ 8.8%
Current assets
€123k▼ 6.5%
Equity and liabilities €161k
Equity
€22k▼ 4.7%
Debt
€139k▼ 7.4%
The debt ratio falls from 86.4% to 86.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€16k▼
2024 · €16k
Cash flow
€4k▼
2024 · €6k
Solvency
13.9%▲
2024 · 13.6%
Current ratio
0.89▲
2024 · 0.88
Quick ratio
0.54▼
2024 · 0.62
Debt / equity
6.17▼
2024 · 6.36
ROE
-4.9%▼
2024 · 6.4%
ROA
-0.7%▼
2024 · 0.9%
Interest coverage
1.88▼
2024 · 2.33
Debt
€139k▼
2024 · €150k
Debt ≤ 1 year
€139k▼
2024 · €150k
Income taxes
€4k▲
2024 · €3k
Staff costs
€45k▼
2024 · €47k
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€173k€161k▼
Fixed assets21/28€41k€38k▼
Intangible fixed assets21€39k€34k▼
Tangible fixed assets22/27-€879
Furniture and vehicles24-€879
Financial fixed assets28€3k€3k=
Current assets29/58€132k€123k▼
Stocks and contracts in progress3€40k€49k▲
Stocks30/36€40k€49k▲
Amounts receivable within one year40/41€82k€59k▼
Trade receivables40€82k€58k▼
Other amounts receivable41€367€128▼
Cash at bank and in hand54/58€10k€16k▲
Deferred charges and accrued income490/1-€205
Equity and liabilities
Total equity and liabilities10/49€173k€161k▼
Equity10/15€24k€22k▼
Contributions10/11€100€100=
Profit (loss) carried forward14€23k€22k▼
Amounts payable17/49€150k€139k▼
Amounts payable within one year42/48€150k€139k▼
Financial debts43€24€10k▲
Credit institutions430/8€24€10k▲
Trade debts44€98k€79k▼
Suppliers440/4€98k€79k▼
Taxes, remuneration and social security45€22k€32k▲
Taxes450/3€11k€12k▲
Remuneration and social security454/9€11k€21k▲
Other amounts payable47/48€29k€17k▼
Income statement
Code20242025
Remuneration, social security and pensions62€47k€45k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▲
Other operating charges640/8€6k€4k▼
Non-recurring operating charges66A€4k€3k▼
Gross operating margin9900€73k€68k▼
Operating profit (loss)9901€11k€11k▼
Financial charges65/66B€7k€8k▲
Recurring financial charges65€7k€8k▲
Profit (loss) for the period before taxes9903€5k€2k▼
Income taxes67/77€3k€4k▲
Profit (loss) for the period9904€2k€-1k▼
Profit (loss) for the period to be appropriated9905€2k€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€23k€22k▼
Profit (loss) brought forward from the previous period14P€22k€23k▲
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
10-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 41 days late
2025
31-12
Financial
Weakest financial yearnet €-1k ▼173%
Net result drops to €-1k, the lowest in the series.
04-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 35 days late
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Machelen (Brab.) · 1 establishment unit since 2021
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.
Oude Haachtsesteenweg 591831 Machelen (Brab.)Ground area
892 m²
Building footprint
447 m²
Volume, LiDAR
1,123 m³
2 parcels, Brussels, Flanders · tallest building 13.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
RED SPORTS - LA ROUE
since 20212.323.110.903
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23015C0111/00W000 | Flanders | 649 m² | 1 · 329 m² | - |
| 21306D0361/00C000 | Brussels | 242 m² | 1 · 119 m² | 13.3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAnderlecht2.323.110.903
Similar companies · same sector, comparable size
HAAZ FRUITS ET LEGUMES
BE 1020.070.014
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MANNAT & HR
BE 0798.842.807
Oudsbergen · Eq €22k
ROOP RAI
BE 0806.441.172
Begijnendijk · Eq €22k
TAXI AY.YA
BE 0773.667.347
Brussel · Eq €22k
Delize
BE 0663.642.623
Roeselare · Eq €22k
Of 10,525 companies in sector 47110 we hold annual accounts for 5,860. 4,237 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-09-2021
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
47620Retail trade
47621Retail sale of newspapers and periodicals
47252Retail sale of beverages, general range
47260Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.