MFI Communications
ActiveMFI Communications has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20k and a net result of €15k. Equity is shrinking by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 30% of 6974 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability94▲+16
Solvency53▼-32
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.54 against 3.27 in 2024; short-term debt: 59% and cash: 64.9% of total assets), but 71.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
28.2%
Return on assets
20.3%
Age of the figures
9 mo
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 08-07-2026, 23 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
23 d early
2024
38 d early
2023
100 d early
2022
83 d early
2021
5 d late
2020
27 d late
2019
66 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€20k▼ 37.6%
2024 · €33k
2018: €36k
2019: €34k
2020: €38k
2021: €60k
2022: €73k
2023: €29k
2024: €33k
2018 → 2025
Total assets
€72k▲ 32.9%
2024 · €54k
2018: €54k
2019: €67k
2020: €80k
2021: €103k
2022: €116k
2023: €106k
2024: €54k
2018 → 2025
Net result
€15k▲ 252%
2024 · €4k
2018: €7k
2019: €-3k
2020: €4k
2021: €10k
2022: €12k
2023: €11k
2024: €4k
2018 → 2025
Working capital
€23k▼ 30.3%
2024 · €33k
2018: €35k
2019: €30k
2020: €28k
2021: €58k
2022: €70k
2023: €26k
2024: €33k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€60k-€73k▲ 20.7%€29k▼ 60.7%€33k▲ 14.6%€20k▼ 37.6%
Operating result€14k-€18k▲ 32.8%€16k▼ 10.6%€5k▼ 68.1%€19k▲ 276%
Net result€10k-€12k▲ 25.9%€11k▼ 12.2%€4k▼ 61.9%€15k▲ 252%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 276% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €72k
Fixed assets
€7k▼ 4.7%
Current assets
€66k▲ 38.5%
Equity and liabilities €72k
Equity
€20k▼ 37.6%
Debt
€52k▲ 139%
The debt ratio rises from 39.9% to 71.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€21k▲
2024 · €9k
Cash flow
€16k▲
2024 · €8k
Solvency
28.2%▼
2024 · 60.1%
Current ratio
1.54▼
2024 · 3.27
Quick ratio
1.54▼
2024 · 3.27
Debt / equity
2.54▲
2024 · 0.66
ROE
71.9%▲
2024 · 12.7%
ROA
20.3%▲
2024 · 7.7%
Interest coverage
68.64▲
2024 · 33.61
Debt
€52k▲
2024 · €22k
Debt ≤ 1 year
€43k▲
2024 · €14k
Income taxes
€4k▲
2024 · €707
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€54k€72k▲
Fixed assets21/28€7k€7k▼
Tangible fixed assets22/27€7k€7k▼
Furniture and vehicles24€955€1k▲
Other tangible fixed assets26€6k€5k▼
Financial fixed assets28€90€90=
Current assets29/58€47k€66k▲
Amounts receivable within one year40/41€16k€19k▲
Trade receivables40€14k€17k▲
Other amounts receivable41€1k€2k▲
Cash at bank and in hand54/58€31k€47k▲
Deferred charges and accrued income490/1€931€122▼
Equity and liabilities
Total equity and liabilities10/49€54k€72k▲
Equity10/15€33k€20k▼
Contributions10/11€19k€19k=
Reserves13€14k€2k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€12k-
Amounts payable17/49€22k€52k▲
Amounts payable within one year42/48€14k€43k▲
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Taxes, remuneration and social security45€6k€11k▲
Taxes450/3€6k€11k▲
Remuneration and social security454/9€32-
Other amounts payable47/48€7k€29k▲
Accrued charges and deferred income492/3€7k€9k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€2k▼
Other operating charges640/8€673€699▲
Gross operating margin9900€10k€22k▲
Operating profit (loss)9901€5k€19k▲
Financial income75/76B€3€12▲
Recurring financial income75€3€12▲
Financial charges65/66B€272€305▲
Recurring financial charges65€272€305▲
Profit (loss) for the period before taxes9903€5k€19k▲
Income taxes67/77€707€4k▲
Profit (loss) for the period9904€4k€15k▲
Profit (loss) for the period to be appropriated9905€4k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4k€15k▲
Transfer from equity791/2-€12k
Transfer to equity691/2€4k-
To other reserves6921€4k-
Profit to be distributed694/7-€27k
Return on contributions (dividend)694-€27k
The notes to these accounts (6 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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €15k ▲252%
Operating result €19k, net result €15k, both a record.
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 3.27
Current ratio from 1.37 to 3.27; short-term debt falls from €69k to €14k.
22-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
09-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 5 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 66 days late
2019
31-12
Financial
Weakest financial yearnet €-3k ▼136%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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 · 1 establishment unit since 2016
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.
Kriekenputstraat 111180 UkkelGround area
516 m²
Building footprint
84 m²
Volume, LiDAR
824 m³
Parcel 21614F0224/00E020, Brussels · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MFI Communications
since 20162.258.401.510
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614F0224/00E020 | Brussels | 516 m² | 1 · 84 m² | 12.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 13,426 companies in sector 73300 we hold annual accounts for 6,900. 4,733 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-11-2016
Fiscal year end31-12
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.