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MK

Active
Private limited company (pre-2019)founded 201213 yrs activePavé d'Ath(Bassil) 1, 7830 Silly, BelgiumKBO/BCE: BE 0501.687.067

MK has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €203k and a net result of €51k. Equity is shrinking by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 22% of 94 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
47 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability45▲+11
Solvency37▲+2
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity short (current ratio 0.33 against 0.21 in 2024; short-term debt: 88.3% and cash: 0% of total assets), and 88.3% 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 riskneutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
11.7%
Return on assets
2.9%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 13 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 80
Relative position
BE, all sectors
reference
Sector 80
lower
← fewer bankruptcies more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 94 sector peers (2025).
NBB · sector comparison
Position among 94 sector peers
Solvency
better than 22%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €203k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 filings
Deviation from the deadline
2025
31 d late
2024
70 d late
2023
59 d late
2022
59 d late
2021
75 d late
2020
5 d late
2019
122 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 months
Position in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€51k
2024 · €-24k
2018: €-1k 2019: €12k 2020: €12k 2021: €-25k 2022: €-30k 2023: €-27k 2024: €-24k
2018 → 2025
Working capital
€-1.03M▲ 4.7%
2024 · €-1.08M
2018: €-807k 2019: €-859k 2020: €-879k 2021: €-962k 2022: €-1.03M 2023: €-1.05M 2024: €-1.08M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€232k-€203k▼ 12.8%€176k▼ 13.4%€152k▼ 13.6%€203k▲ 33.6%
Operating result€-20k-€-22k▼ 10.9%€-27k▼ 18.3%€-26k▲ 1.8%€-27k▼ 1.6%
Net result€-25k-€-30k▼ 19.6%€-27k▲ 9.0%€-24k▲ 11.5%€51k
Result per fiscal year
Operating resultNet result
€-50k€-25k€0€25k€50kOperating result 2021: €-20k€-20kNet result 2021: €-25k€-25kOperating result 2022: €-22k€-22kNet result 2022: €-30k€-30kOperating result 2023: €-27k€-27kNet result 2023: €-27k€-27kOperating result 2024: €-26k€-26kNet result 2024: €-24k€-24kOperating result 2025: €-27k€-27kNet result 2025: €51k€51k20212022202320242025
The operating result stays negative: a loss of €27k in 2025 against €26k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.74M
Fixed assets €1.23M=
Current assets €509k▲ 72.7%
Equity and liabilities €1.74M
Equity €203k▲ 33.6%
Debt €1.54M▲ 11.9%
The debt ratio falls from 90.1% to 88.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Solvency
11.7%
2024 · 9.9%
Current ratio
0.33
2024 · 0.21
Quick ratio
0.33
2024 · 0.21
Debt / equity
7.58
2024 · 9.05
ROE
25.2%
2024 · -15.8%
ROA
2.9%
2024 · -1.6%
Debt
€1.54M
2024 · €1.37M
Debt ≤ 1 year
€1.54M
2024 · €1.37M
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€1.52M€1.74M
Fixed assets21/28€1.23M€1.23M=
Financial fixed assets28€1.23M€1.23M=
Current assets29/58€295k€509k
Amounts receivable within one year40/41€294k€508k
Trade receivables40€211k€211k=
Other amounts receivable41€83k€297k
Cash at bank and in hand54/58€335€10
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€1.52M€1.74M
Equity10/15€152k€203k
Contributions10/11€65k€65k=
Reserves13€7k€7k=
Non-distributable reserves130/1€7k€7k=
Reserves not available under the articles1311€7k€7k=
Profit (loss) carried forward14€80k€131k
Amounts payable17/49€1.37M€1.54M
Amounts payable within one year42/48€1.37M€1.54M
Trade debts44€84k€80k
Suppliers440/4€84k€80k
Other amounts payable47/48€1.29M€1.46M
Income statement Code20242025
Other operating charges640/8€1k€1k
Gross operating margin9900€-25k€-25k
Operating profit (loss)9901€-26k€-27k
Financial income75/76B€2k€78k
Recurring financial income75€2k€78k
Financial charges65/66B-€301
Recurring financial charges65-€301
Profit (loss) for the period before taxes9903€-24k€51k
Profit (loss) for the period9904€-24k€51k
Profit (loss) for the period to be appropriated9905€-24k€51k
Appropriation of the result
Profit (loss) to be appropriated9906€80k€131k
Profit (loss) brought forward from the previous period14P€104k€80k

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial Back to profitnet €51k
Net result €51k after 4 loss-making years.
31-12
Financial Equity above €200kEq €203k ▲33.6%
Equity rises from €152k to €203k.
09-10
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 70 days late
2024
28-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 59 days late
2023
28-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
31-12
Financial Weakest financial yearnet €-30k
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
14-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 75 days late
2021
05-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 5 days late
2020
30-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-12
Financial Back to profitnet €12k
Net result €12k after one loss-making year.
25-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 56 days late
2018
17-12
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 139 days late
2017
28-07
NBB filing Annual accounts filed
fiscal year 2016 · full 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, Silly · 1 establishment unit since 2012
establishment The establishment unit on the map
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.

Pavé d'Ath(Bassil) 17830 Silly
Ground area
219 m²
Building footprint
157 m²
Volume, LiDAR
796 m³
Parcel 55001B0313/00K000, Wallonia · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MK
Pavé d'Ath(Silly) 1, 7830 SillyGeneral electrical installation work
since 20122.216.677.850
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
55001B0313/00K000 Wallonia 219 m² 1 · 157 m² 8.3 m · 2 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

Of 460 companies in sector 80090 we hold annual accounts for 258. 194 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded03-12-2012
Fiscal year end31-12
Activities, NACEBEL
80090Investigation and security activities
80200Investigation and security activities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.