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MK Solutions

Active Private limited companyfounded 2020active for 6 yearsKoraalwortelstraat 36, 9041 GhentKBO/BCE: BE 0755.949.110

Lifetime

5 annual accounts with figures on one time axis
peak €65,062 (2021)
€14,833▼ 59.0%
peak €41,154 (2021)
€474▼ 97.4%
peak €122,436 (2024)
€72,910▼ 40.5%
€154,322▲ 233%
Board1 name since 2020
1 director
Documentsfilings and deeds
29-06-202632 days before the deadline
2025micro format
Gross margin from €36,169 to €14,833Result from €17,931 to €474Dividend €50,000Equity from €122,436 to €72,910Debts from €46,333 to €154,322

Key points

from the 2025 annual accounts

Equity

€72,910 ▼ 40.5%
122,4362024+474Profit-50,000Dividend72,9102025

MK Solutions paid out €50,000 in dividends. That is 10,548% of the 2025 profit.

Turnover

≈ €150,000 estimated

The micro format states no turnover.

Debts

€154,322 ▲ 233%
Suppliers
+68,063
Other debts
+48,049
The rest
-8,122

Debts rose by €107,989 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.

Liquidity

1.40 was 5.05 in 2024

Short-term debts rose from €26,050 to €139,810.

Filings

5 annual accounts 1 late
AprilJune31 JulyOctober20222024

The 2024 accounts came 28 days late. The other four were filed on time.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 5,047 companies had the same profile as MK Solutions has now. Each dot stands for 13 companies, two years later.

94.0%
were still trading
3.8%
stopped another way
2.2%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 5,047 companies, not a prediction for MK Solutions. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director, since 09-10-2020
  • 100 sharesdeed of 13-10-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0755949110
Incorporation Founding capital of €10,000, 100 shares · Founder: · Appointment: (director) · published on 13-10-2020 · Gazette deed
First establishment Koraalwortelstraat 36, Ghent
All 10 events

Comparable companies

same main activity, similar in size and age
Company
MK Solutions Ghent €227,232 €14,833 32.1% -
M BOUW Antwerp €253,379 €13,158 15.6% -
BM RENO CONSTRUCT Wasseiges €204,334 €12,308 19.1% -
Hertz Projects Brasschaat €343,903 €15,123 -6.6% -
Bouwwerken Michielsen Hoogstraten €187,644 €10,297 19.1% -
SOLTECCO Erpe-Mere €171,688 €9,672 36.3% -
POLY GROUP Ghent €194,925 €31,018 35.1% -

These companies have the same main activity as MK Solutions: other building finishing work (NACE 43350). They are comparable in size and age: total assets between €172,000 and €344,000, founded between 2018 and 2022.

Official details

Source: KBO
Status
Active since 09-10-2020Normal situation
Activity
Other building finishing workNACE 43350
Establishment unit
2.308.241.4949041 Ghent, since 09-10-2020
Financial year end
31 December
Peppol
Reachable since 18-11-2025
Company details

Annual accounts 2025

€227,232▲ 34.6%
Filing
Filed on 29-06-2026, 32 days before the end of the filing period
Financials

Insights on MK Solutions

MK Solutions files the micro format. That format states no turnover. The gross margin fell from €65,062 in 2021 to €14,833 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about MK Solutions

What is the company number of MK Solutions?
The company number of MK Solutions is 0755.949.110. The VAT number is the same number with BE in front: BE 0755.949.110.
Where is MK Solutions based?
The registered office is at Koraalwortelstraat 36, 9041 Ghent.Company details
What does MK Solutions do?
According to the KBO register, the main activity is other building finishing work (NACE 43350).
What is the legal form of MK Solutions?
MK Solutions is a private limited company (BV).
When was MK Solutions founded?
MK Solutions was founded on 09-10-2020.
Is MK Solutions still active?
Yes, MK Solutions is an active enterprise in the KBO register.
What is the turnover of MK Solutions?
The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €14,833 and 37 comparable companies (NACE 43350). It probably lies between €86,000 and €320,000. It is a rough estimate.Financials
Is MK Solutions profitable?
In financial year 2025, MK Solutions made a profit of €474.
Where can I find the annual accounts of MK Solutions?
MK Solutions filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MK Solutions due?
MK Solutions must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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