MK 29/4
ActiveSummary
MK 29/4 has been active since 2024 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags). The 2025 annual accounts show negative equity (-€99,091) and a net result of -€54,163. Its solvency ranks better than 23% of 2357 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
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Signals
This company filed its last 2 accounts on average 16 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2025, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 1,253 companies that looked in July 2024 the way this one looks now, 0.9% went bankrupt within 24 months and 96% are still going.
- Small
- 2 to 5 years old
- negative equity
- a small loss
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,253 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,635 | €11,301 | ▲ 70.3% |
| Other operating charges640/8 | €227 | €4,308 | ▲ 1,798% |
| Gross operating margin9900 | -€41,038 | -€38,527 | ▲ 6.1% |
| Operating profit (loss)9901 | -€47,900 | -€54,136 | ▼ 13.0% |
| Financial charges65/66B | €28 | €27 | ▼ 3.6% |
| Recurring financial charges65 | €28 | €27 | ▼ 3.6% |
| Profit (loss) for the period before taxes9903 | -€47,928 | -€54,163 | ▼ 13.0% |
| Profit (loss) for the period9904 | -€47,928 | -€54,163 | ▼ 13.0% |
| Profit (loss) for the period to be appropriated9905 | -€47,928 | -€54,163 | ▼ 13.0% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €763,829 | €1.4m | ▲ 86.1% |
| Fixed assets21/28 | €681,928 | €1.1m | ▲ 58.7% |
| Intangible fixed assets21 | €2,500 | €2,500 | = |
| Tangible fixed assets22/27 | €679,428 | €1.1m | ▲ 58.9% |
| Land and buildings22 | €670,503 | €1.1m | ▲ 59.7% |
| Plant, machinery and equipment23 | €8,925 | €8,925 | = |
| Current assets29/58 | €81,901 | €339,153 | ▲ 314% |
| Amounts receivable within one year40/41 | €71,225 | €3,860 | ▼ 94.6% |
| Trade receivables40 | €67,255 | €371 | ▼ 99.4% |
| Other amounts receivable41 | €3,970 | €3,489 | ▼ 12.1% |
| Cash at bank and in hand54/58 | €10,676 | €335,278 | ▲ 3,041% |
| Deferred charges and accrued income490/1 | - | €15 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €763,829 | €1.4m | ▲ 86.1% |
| Equity10/15 | -€44,928 | -€99,091 | ▼ 121% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | -€47,928 | -€102,091 | ▼ 113% |
| Amounts payable17/49 | €808,757 | €1.5m | ▲ 88.0% |
| Amounts payable within one year42/48 | €807,046 | €1.5m | ▲ 88.1% |
| Current portion of amounts payable after more than one year42 | - | €500,000 | - |
| Trade debts44 | €90,046 | €241,214 | ▲ 168% |
| Suppliers440/4 | €90,046 | €241,214 | ▲ 168% |
| Other amounts payable47/48 | €717,000 | €777,000 | ▲ 8.4% |
| Accrued charges and deferred income492/3 | €1,711 | €2,095 | ▲ 22.5% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€47,928 | -€54,163 | ▼ 13.0% |
| + Depreciation and write-downs630 | €6,635 | €11,301 | ▲ 70.3% |
| Operating cash flow (approximation) | -€41,293 | -€42,862 | ▼ 3.8% |
| Investment in fixed assets (approximation) | - | -€411,438 | - |
| Change in cash | - | €324,602 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24004A0077/00Z000 | Flanders | 1,455 m² | 1 · 226 m² | 7.0 m · 2 fl. |
Linked by address, not proof of ownership
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 931,770 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 931,770 EUR | 0 EUR |
Similar companies · same sector and region
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.