MKL
ActiveSummary
MKL has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30,295 and a net result of €12,556. Equity is growing by ~99.7% per year across the filed fiscal years. Its solvency ranks better than 31% of 14220 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability61▼-13
Solvency34▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity short (current ratio 0.01 against 0.05 in 2024; short-term debt: 25.1% and cash: 0.2% of total assets), and 90.8% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
1 d early
2024
38 d early
2023
36 d early
2022
116 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 48 days before 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close27-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€28,250
EBIT margin
78.4%
Net result
€12,556▲ 2.0%
2024 · €12,309
Working capital
-€82,005▼ 5.3%
2024 · -€77,892
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
Line2022202320242025
Turnover€28,250
Operating result-€2,156-€19,650€22,140▲ 12.7%€22,274▲ 0.6%
Net result-€10,497-€12,927€12,309▼ 4.8%€12,556▲ 2.0%
EBIT margin78.4%
Equity-€7,497-€5,430€17,739▲ 227%€30,295▲ 70.8%
Total assets€339,697-€336,047▼ 1.1%€336,225▲ 0.1%€329,170▼ 2.1%
Debt€347,195-€330,617▼ 4.8%€318,486▼ 3.7%€298,875▼ 6.2%
Working capital-€71,013--€73,942▼ 4.1%-€77,892▼ 5.3%-€82,005▼ 5.3%
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 has risen three years in a row; 2025 is 1% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €329,170
Fixed assets
€328,585 ▼ 1.0%
Current assets
€585 ▼ 86.4%
Equity and liabilities €329,170
Equity
€30,295 ▲ 70.8%
Debt
€298,875 ▼ 6.2%
Debt's share of the balance-sheet total falls from 94.7% to 90.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€25,598▲
2024 · €25,463
Cash flow
€15,880▲
2024 · €15,632
Current ratio
0.01▼
2024 · 0.05
Debt to equity
9.87▼
2024 · 17.95
ROE
41.4%▼
2024 · 69.4%
ROA
3.8%▲
2024 · 3.7%
Interest coverage
4.52▲
2024 · 4.45
Debt ≤ 1 year
€82,591▲
2024 · €82,208
Debt > 1 year
€216,284▼
2024 · €236,278
Income taxes
€4,057▼
2024 · €4,103
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,248 companies that looked in July 2024 the way this one looks now, 2.4% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a profit under 5% of the balance sheet
2.4%
went bankrupt
2.6%
stopped otherwise
94%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,058 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% | 1.6% |
| 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 74% 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 1,248 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.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | - | €28,250 | - | - |
| Non-recurring operating income76A | - | - | €0 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €2,640 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,680 | €3,324 | €3,324 | €3,324 | = |
| Other operating charges640/8 | €695 | €147 | €147 | - | - |
| Gross operating margin9900 | €3,219 | €23,120 | €25,610 | €25,598 | = |
| Operating profit (loss)9901 | -€2,156 | €19,650 | €22,140 | €22,274 | ▲ 0.6% |
| Financial charges65/66B | €8,341 | €6,100 | €5,728 | €5,661 | ▼ 1.2% |
| Recurring financial charges65 | €8,341 | €6,100 | €5,728 | €5,661 | ▼ 1.2% |
| Profit (loss) for the period before taxes9903 | -€10,497 | €13,549 | €16,412 | €16,613 | ▲ 1.2% |
| Income taxes67/77 | - | €622 | €4,103 | €4,057 | ▼ 1.1% |
| Profit (loss) for the period9904 | -€10,497 | €12,927 | €12,309 | €12,556 | ▲ 2.0% |
| Profit (loss) for the period to be appropriated9905 | -€10,497 | €12,927 | €12,309 | €12,556 | ▲ 2.0% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €339,697 | €336,047 | €336,225 | €329,170 | ▼ 2.1% |
| Fixed assets21/28 | €338,556 | €335,232 | €331,908 | €328,585 | ▼ 1.0% |
| Tangible fixed assets22/27 | €338,556 | €335,232 | €331,908 | €328,585 | ▼ 1.0% |
| Land and buildings22 | €338,556 | €335,232 | €331,908 | €328,585 | ▼ 1.0% |
| Current assets29/58 | €1,142 | €815 | €4,317 | €585 | ▼ 86.4% |
| Amounts receivable within one year40/41 | - | - | €2,850 | €15 | ▼ 99.5% |
| Trade receivables40 | - | - | €2,850 | - | - |
| Other amounts receivable41 | - | - | - | €15 | - |
| Cash at bank and in hand54/58 | €1,142 | €815 | €1,467 | €570 | ▼ 61.1% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €339,697 | €336,047 | €336,225 | €329,170 | ▼ 2.1% |
| Equity10/15 | -€7,497 | €5,430 | €17,739 | €30,295 | ▲ 70.8% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | - | - | - | €12,556 | - |
| Distributable reserves133 | - | - | - | €12,556 | - |
| Profit (loss) carried forward14 | -€10,497 | €2,430 | €14,739 | €14,739 | = |
| Amounts payable17/49 | €347,195 | €330,617 | €318,486 | €298,875 | ▼ 6.2% |
| Amounts payable after more than one year17 | €275,040 | €255,860 | €236,278 | €216,284 | ▼ 8.5% |
| Financial debts170/4 | €275,040 | €255,860 | €236,278 | €216,284 | ▼ 8.5% |
| Amounts payable within one year42/48 | €72,155 | €74,757 | €82,208 | €82,591 | ▲ 0.5% |
| Current portion of amounts payable after more than one year42 | €20,333 | €20,760 | €21,196 | €21,641 | ▲ 2.1% |
| Trade debts44 | - | €180 | €558 | €169 | ▼ 69.7% |
| Suppliers440/4 | - | €180 | €558 | €169 | ▼ 69.7% |
| Taxes, remuneration and social security45 | €165 | €2,061 | €5,541 | €6,316 | ▲ 14.0% |
| Taxes450/3 | €165 | €2,061 | €5,541 | €6,316 | ▲ 14.0% |
| Other amounts payable47/48 | €51,657 | €51,757 | €54,913 | €54,465 | ▼ 0.8% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,497 | €12,927 | €12,309 | €12,556 | ▲ 2.0% |
| + Depreciation and write-downs630 | €4,680 | €3,324 | €3,324 | €3,324 | = |
| Operating cash flow (approximation) | -€5,817 | €16,251 | €15,632 | €15,880 | ▲ 1.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - |
| Change in cash | - | -€327 | €651 | -€896 | ▼ 238% |
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
Next filing, fiscal year 2026, expected by
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Back to profitnet €12,927
Net result €12,927 after one loss-making year.
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Beringen · 1 establishment unit since 2020
Ground area
3,901 m²
Building footprint
250 m²
Volume, LiDAR
1,167 m³
Parcel 71049B0299/00E000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
MKL
since 20202.306.786.395
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71049B0299/00E000 | Flanders | 3,901 m² | 1 · 250 m² | 7.3 m · 2 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.
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Of 9,146 companies in sector 68201 we hold annual accounts for 6,770. 2,711 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-09-2020
Fiscal year end31-03
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Contact
Phone
0498/816799
E-invoicing
Reachable via Peppol
Peppol ID
0208:0753795710
Also
9925:BE0753795710
Registered
11-06-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.