MK2B IMMO
ActiveSummary
MK2B IMMO has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €52,566 and a net result of -€4,435. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 53% of 19364 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability30▲+26
Solvency60▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity short (current ratio 0.01 against 0.05 in 2023; short-term debt: 17.9% and cash: 0.2% of total assets), and 65.1% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Seven 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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
34.9%
Return on assets
-2.9%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
192021222324
2019 to 2024 · latest year -€4,435
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 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 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
31 d late
2022
31 d late
2021
30 d late
2020
31 d late
2019
90 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 41 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€52,566▼ 7.8%
2023 · €57,001
Total assets
€150,423▼ 5.2%
2023 · €158,648
Net result
-€4,435▲ 75.6%
2023 · -€18,158
Working capital
-€26,614▼ 15.8%
2023 · -€22,977
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€10,787▲ 602%€9,464▼ 12.3%€6,898▼ 27.1%-€17,212-€555▲ 96.8%
Net result€10,499▲ 705%€9,183▼ 12.5%€6,809▼ 25.8%-€18,158-€4,435▲ 75.6%
Equity€59,166▲ 21.6%€68,349▲ 15.5%€75,158▲ 10.0%€57,001▼ 24.2%€52,566▼ 7.8%
Total assets€169,273▼ 1.2%€163,410▼ 3.5%€162,428▼ 0.6%€158,648▼ 2.3%€150,423▼ 5.2%
Debt€110,107▼ 10.3%€95,061▼ 13.7%€87,270▼ 8.2%€101,647▲ 16.5%€97,858▼ 3.7%
Working capital€7,484▲ 578%€4,982▼ 33.4%€2,720▼ 45.4%-€22,977-€26,614▼ 15.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €555 in 2024 against €17,212 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €150,423
Fixed assets
€150,108 ▼ 4.7%
Current assets
€315 ▼ 72.2%
Equity and liabilities €150,423
Equity
€52,566 ▼ 7.8%
Debt
€97,858 ▼ 3.7%
Debt's share of the balance-sheet total rises from 64.1% to 65.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€6,850▲
2023 · -€11,075
Cash flow
€2,970▲
2023 · -€12,021
Current ratio
0.01▼
2023 · 0.05
Debt to equity
1.86▲
2023 · 1.78
ROE
-8.4%▲
2023 · -31.9%
ROA
-2.9%▲
2023 · -11.4%
Interest coverage
1.77▲
2023 · -11.71
Debt ≤ 1 year
€26,929▲
2023 · €24,111
Debt > 1 year
€70,929▼
2023 · €77,537
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,301 | €5,655 | €6,521 | €6,137 | €7,405 | ▲ 20.7% |
| Other operating charges640/8 | - | €3,406 | €3,482 | €4,770 | €4,964 | ▲ 4.1% |
| Gross operating margin9900 | €21,306 | €18,525 | €16,902 | -€6,305 | €11,814 | ▲ 287% |
| Operating profit (loss)9901 | €10,787 | €9,464 | €6,898 | -€17,212 | -€555 | ▲ 96.8% |
| Financial charges65/66B | - | €290 | €89 | €946 | €3,880 | ▲ 310% |
| Recurring financial charges65 | €288 | €290 | €89 | €946 | €3,880 | ▲ 310% |
| Profit (loss) for the period before taxes9903 | €10,499 | €9,174 | €6,809 | -€18,158 | -€4,435 | ▲ 75.6% |
| Income taxes67/77 | - | -€8 | - | - | - | - |
| Profit (loss) for the period9904 | €10,499 | €9,183 | €6,809 | -€18,158 | -€4,435 | ▲ 75.6% |
| Profit (loss) for the period to be appropriated9905 | €10,499 | €9,183 | €6,809 | -€18,158 | -€4,435 | ▲ 75.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €169,273 | €163,410 | €162,428 | €158,648 | €150,423 | ▼ 5.2% |
| Fixed assets21/28 | €160,294 | €154,639 | €156,782 | €157,514 | €150,108 | ▼ 4.7% |
| Tangible fixed assets22/27 | €160,294 | €154,639 | €156,782 | €157,514 | €150,108 | ▼ 4.7% |
| Land and buildings22 | - | €154,150 | €148,984 | €143,819 | €138,654 | ▼ 3.6% |
| Other tangible fixed assets26 | - | €490 | €7,798 | €13,695 | €11,455 | ▼ 16.4% |
| Current assets29/58 | €8,979 | €8,771 | €5,645 | €1,134 | €315 | ▼ 72.2% |
| Amounts receivable within one year40/41 | €224 | €186 | €233 | - | - | - |
| Trade receivables40 | - | €186 | €233 | - | - | - |
| Cash at bank and in hand54/58 | €8,263 | €8,065 | €4,260 | €1,134 | €315 | ▼ 72.2% |
| Deferred charges and accrued income490/1 | - | €520 | €1,153 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €169,273 | €163,410 | €162,428 | €158,648 | €150,423 | ▼ 5.2% |
| Equity10/15 | €59,166 | €68,349 | €75,158 | €57,001 | €52,566 | ▼ 7.8% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €50,900 | €50,900 | €50,900 | €50,900 | €50,900 | = |
| Non-distributable reserves130/1 | - | €3,099 | €3,099 | €3,099 | €3,099 | = |
| Legal reserve130 | - | €3,099 | €3,099 | €3,099 | €3,099 | = |
| Distributable reserves133 | - | €47,801 | €47,801 | €47,801 | €47,801 | = |
| Profit (loss) carried forward14 | -€53,734 | -€44,551 | -€37,742 | -€55,900 | -€60,335 | ▼ 7.9% |
| Amounts payable17/49 | €110,107 | €95,061 | €87,270 | €101,647 | €97,858 | ▼ 3.7% |
| Amounts payable after more than one year17 | €108,612 | €88,662 | €84,345 | €77,537 | €70,929 | ▼ 8.5% |
| Financial debts170/4 | - | €88,662 | €84,345 | €77,537 | €70,929 | ▼ 8.5% |
| Amounts payable within one year42/48 | €1,495 | €3,789 | €2,925 | €24,111 | €26,929 | ▲ 11.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €6,902 | €6,607 | ▼ 4.3% |
| Trade debts44 | €1,495 | €3,789 | €2,925 | €2,548 | €3,575 | ▲ 40.3% |
| Suppliers440/4 | - | €3,789 | €2,925 | €2,548 | €3,575 | ▲ 40.3% |
| Other amounts payable47/48 | - | - | - | €14,660 | €16,746 | ▲ 14.2% |
| Accrued charges and deferred income492/3 | - | €2,610 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,499 | €9,183 | €6,809 | -€18,158 | -€4,435 | ▲ 75.6% |
| + Depreciation and write-downs630 | €6,301 | €5,655 | €6,521 | €6,137 | €7,405 | ▲ 20.7% |
| Operating cash flow (approximation) | €16,800 | €14,838 | €13,330 | -€12,021 | €2,970 | ▲ 125% |
| Investment in fixed assets (approximation) | - | €0 | -€8,664 | -€6,868 | €0 | ▲ 100% |
| Change in cash | - | -€197 | -€3,805 | -€3,126 | -€819 | ▲ 73.8% |
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
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Weakest financial yearnet -€18,158
Net result drops to -€18,158, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2019net €10,499 ▲705%
Operating result €10,787, net result €10,499, both a record.
31-12
Financial
Liquidity times 5current ratio 6.01
Current ratio from 1.30 to 6.01; short-term debt falls from €3,659 to €1,495.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2018
17-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 17 days late
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
20-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
28-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
6 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 1992
Ground area
796 m²
Building footprint
709 m²
Volume, LiDAR
7,878 m³
Parcel 21618B0280/00D007, Brussels · tallest building 29.4 m, ±1 floor. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
B. GEVAERT
since 19922.056.134.734
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21618B0280/00D007 | Brussels | 796 m² | 1 · 709 m² | 29.4 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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
Vincella
BE 0770.246.217
Diest · Eq €52,566
SIRAJ INTERNATIONAL
BE 0806.167.889
Rumst · Eq €52,577
SABBE BEDRIJF
BE 0427.257.581
Diest · Eq €52,431
CIMANCO
BE 1017.936.905
Sint-Truiden · Eq €52,423
JAFITO
BE 0448.547.893
Rumst · Eq €52,359
Of 9,143 companies in sector 68201 we hold annual accounts for 6,769. 3,415 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded27-01-1992
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
Scores and ratios are computed by Checked and are not a credit decision.