MFKW
ActiveMFKW has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €5k and a net result of €816k. Equity is shrinking by ~15.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 2917 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency12▼-1
Growth58=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 1.0 against 1.0 in 2023), and 99.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 2917 sector peers (2024).
NBB · sector comparisonPosition among 2917 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-05-2025, 77 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
77 d early
2023
13 d early
2022
133 d early
2021
90 d early
2020
47 d early
2019
21 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€5k▼ 73.1%
2023 · €19k
2018: €719k
2019: €21k
2020: €21k
2021: €21k
2022: €21k
2023: €19k
2018 → 2024
Total assets
€582k▼ 7.4%
2023 · €628k
2018: €734k
2019: €496k
2020: €585k
2021: €706k
2022: €642k
2023: €628k
2018 → 2024
Net result
€816k▲ 39.9%
2023 · €583k
2018: €378k
2019: €458k
2020: €526k
2021: €649k
2022: €598k
2023: €583k
2018 → 2024
Working capital
€-2k▼ 63.3%
2023 · €-1k
2018: €731k
2019: €33k
2020: €30k
2021: €-25k
2022: €-12k
2023: €-1k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€21k-€21k▲ 1.7%€21k▲ 0.1%€19k▼ 10.9%€5k▼ 73.1%
Operating result€696k-€860k▲ 23.6%€791k▼ 8.0%€772k▼ 2.5%€1.08M▲ 40.2%
Net result€526k-€649k▲ 23.5%€598k▼ 7.9%€583k▼ 2.4%€816k▲ 39.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 40% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €582k
Fixed assets
€19k▼ 40.0%
Current assets
€562k▼ 5.6%
Equity and liabilities €582k
Equity
€5k▼ 73.1%
Debt
€577k▼ 5.3%
The debt ratio rises from 97.0% to 99.1%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€1.09M▲
2023 · €785k
Cash flow
€829k▲
2023 · €596k
Solvency
0.9%▼
2023 · 3.0%
Current ratio
1.00▼
2023 · 1.00
Quick ratio
1.00▼
2023 · 1.00
ROA
140.3%▲
2023 · 92.9%
Interest coverage
11118.53▲
2023 · 8217.34
Debt
€577k▼
2023 · €609k
Debt ≤ 1 year
€565k▼
2023 · €597k
Income taxes
€266k▲
2023 · €188k
A ratio outside any meaningful range has been withheld (balance sheet total €582k, equity €5k).
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€628k€582k▼
Fixed assets21/28€32k€19k▼
Tangible fixed assets22/27€32k€19k▼
Furniture and vehicles24€32k€19k▼
Current assets29/58€596k€562k▼
Amounts receivable within one year40/41€139k€541k▲
Trade receivables40€139k€541k▲
Cash at bank and in hand54/58€449k€14k▼
Deferred charges and accrued income490/1€7k€7k▲
Equity and liabilities
Total equity and liabilities10/49€628k€582k▼
Equity10/15€19k€5k▼
Contributions10/11€19k€5k▼
Amounts payable17/49€609k€577k▼
Amounts payable within one year42/48€597k€565k▼
Trade debts44€169€138▼
Suppliers440/4€169€138▼
Taxes, remuneration and social security45€10k€11k▲
Taxes450/3€10k€11k▲
Other amounts payable47/48€586k€553k▼
Accrued charges and deferred income492/3€12k€12k=
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k▼
Other operating charges640/8€730€708▼
Gross operating margin9900€786k€1.10M▲
Operating profit (loss)9901€772k€1.08M▲
Financial income75/76B€0€261▲
Recurring financial income75€0€261▲
Financial charges65/66B€96€98▲
Recurring financial charges65€96€98▲
Profit (loss) for the period before taxes9903€772k€1.08M▲
Income taxes67/77€188k€266k▲
Profit (loss) for the period9904€583k€816k▲
Profit (loss) for the period to be appropriated9905€583k€816k▲
Appropriation of the result
Profit (loss) to be appropriated9906€583k€816k▲
Transfer from equity791/2€2k-
Profit to be distributed694/7€586k€816k▲
Return on contributions (dividend)694€586k€816k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €816k ▲39.9%
Operating result €1.08M, net result €816k, both a record.
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
20-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 87 days late
2017
16-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 77 days late
2016
08-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
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, Sint-Pieters-Leeuw · 1 establishment unit since 2015
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.
Molenborrestraat 361600 Sint-Pieters-LeeuwGround area
485 m²
Building footprint
156 m²
Volume, LiDAR
1,270 m³
Parcel 23073A0217/00L000, Flanders · tallest building 13.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MFKW
since 20152.248.857.896
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23073A0217/00L000 | Flanders | 485 m² | 1 · 156 m² | 13.2 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.
Similar companies · same sector, comparable size
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BE 0726.537.918
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Nikolaas Van Steenkiste
BE 0732.934.275
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Advocatenkantoor Margot Rysman
BE 0735.510.121
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Advocaat Sara Lefebvre
BE 0736.612.060
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Of 22,018 companies in sector 69101 we hold annual accounts for 9,028. 3,088 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-12-2015
Fiscal year end31-12
Activities, NACEBEL
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.