MKM PROJECTS
ActiveMKM PROJECTS has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.63M and a net result of €252k. Equity is growing by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 59% of 3674 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-1
Solvency63▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity tight (current ratio 1.01 against 0.78 in 2024; short-term debt: 14.3% and cash: 2.7% of total assets), and 61.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
38.1%
Return on assets
5.9%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-05-2026, 74 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
74 d early
2024
44 d early
2023
22 d late
2022
108 d early
2021
34 d early
2020
53 d early
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 monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.63M▲ 4.0%
2024 · €1.57M
2018: €834k
2019: €1.03M
2020: €1.03M
2021: €1.14M
2022: €1.31M
2023: €1.60M
2024: €1.57M
2018 → 2025
Total assets
€4.28M▲ 0.9%
2024 · €4.24M
2018: €4.25M
2019: €4.30M
2020: €4.06M
2021: €3.88M
2022: €4.52M
2023: €4.35M
2024: €4.24M
2018 → 2025
Net result
€252k▼ 6.2%
2024 · €269k
2018: €64k
2019: €302k
2020: €190k
2021: €187k
2022: €242k
2023: €358k
2024: €269k
2018 → 2025
Working capital
€8k
2024 · €-145k
2018: €-400k
2019: €-340k
2020: €-89k
2021: €-65k
2022: €-194k
2023: €19k
2024: €-145k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.14M-€1.31M▲ 14.2%€1.60M▲ 22.5%€1.57M▼ 2.1%€1.63M▲ 4.0%
Operating result€328k-€316k▼ 3.8%€472k▲ 49.4%€454k▼ 3.7%€422k▼ 7.1%
Net result€187k-€242k▲ 29.6%€358k▲ 47.6%€269k▼ 24.9%€252k▼ 6.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 7% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.28M
Fixed assets
€3.66M▼ 1.5%
Current assets
€619k▲ 17.7%
Equity and liabilities €4.28M
Equity
€1.63M▲ 4.0%
Debt
€2.65M▼ 0.9%
The debt ratio falls from 63.0% to 61.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€600k▼
2024 · €629k
Cash flow
€430k▼
2024 · €444k
Solvency
38.1%▲
2024 · 37.0%
Current ratio
1.01▲
2024 · 0.78
Quick ratio
1.01▲
2024 · 0.78
Debt / equity
1.62▼
2024 · 1.70
ROE
15.5%▼
2024 · 17.1%
ROA
5.9%▼
2024 · 6.3%
Interest coverage
10.74▲
2024 · 10.41
Debt
€2.65M▼
2024 · €2.67M
Debt ≤ 1 year
€612k▼
2024 · €672k
Debt > 1 year
€2.03M▲
2024 · €2.00M
Income taxes
€115k▼
2024 · €125k
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€4.24M€4.28M▲
Fixed assets21/28€3.71M€3.66M▼
Intangible fixed assets21€6k€3k▼
Tangible fixed assets22/27€3.66M€3.60M▼
Land and buildings22€3.62M€3.54M▼
Plant, machinery and equipment23€29k€30k▲
Furniture and vehicles24€3k€31k▲
Financial fixed assets28€50k€50k=
Current assets29/58€526k€619k▲
Amounts receivable within one year40/41€162k€249k▲
Trade receivables40€12k€11k▼
Other amounts receivable41€151k€238k▲
Current investments50/53€229k€229k=
Cash at bank and in hand54/58€108k€114k▲
Deferred charges and accrued income490/1€27k€27k▼
Equity and liabilities
Total equity and liabilities10/49€4.24M€4.28M▲
Equity10/15€1.57M€1.63M▲
Contributions10/11€19k€19k=
Reserves13€1.55M€1.61M▲
Non-distributable reserves130/1€229k€229k=
Reserves not available under the articles1311€229k€229k=
Distributable reserves133€1.32M€1.38M▲
Amounts payable17/49€2.67M€2.65M▼
Amounts payable after more than one year17€2.00M€2.03M▲
Financial debts170/4€2.00M€2.03M▲
Amounts payable within one year42/48€672k€612k▼
Current portion of amounts payable after more than one year42€277k€352k▲
Trade debts44€8k€7k▼
Suppliers440/4€8k€7k▼
Taxes, remuneration and social security45€38k€63k▲
Taxes450/3€38k€63k▲
Other amounts payable47/48€348k€190k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€175k€178k▲
Other operating charges640/8€25k€28k▲
Gross operating margin9900€654k€628k▼
Operating profit (loss)9901€454k€422k▼
Financial income75/76B€30€986▲
Recurring financial income75€30€986▲
Financial charges65/66B€60k€56k▼
Recurring financial charges65€60k€56k▼
Profit (loss) for the period before taxes9903€394k€367k▼
Income taxes67/77€125k€115k▼
Profit (loss) for the period9904€269k€252k▼
Profit (loss) for the period to be appropriated9905€269k€252k▼
Appropriation of the result
Profit (loss) to be appropriated9906€269k€252k▼
Transfer from equity791/2€302k€190k▼
Transfer to equity691/2€269k€252k▼
To other reserves6921€269k€252k▼
Profit to be distributed694/7€302k€190k▼
Return on contributions (dividend)694€302k€190k▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 22 days late
2023
31-12
Financial
Highest result since 2018net €358k ▲47.6%
Net result €358k, the highest in the series.
14-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 122 days late
2019
31-12
Financial
Equity above €1MEq €1.03M ▲23.2%
2 profitable years in a row build equity to €1.03M.
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 21 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Geel · 1 establishment unit since 1989
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.
Wilders 492440 GeelGround area
1,634 m²
Building footprint
244 m²
Volume, LiDAR
1,858 m³
Parcel 13373L0648/02B000, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
De Posthoorn
since 19892.044.334.881
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13373L0648/02B000 | Flanders | 1,634 m² | 1 · 244 m² | 12.0 m · 3 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.
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Of 14,023 companies in sector 56301 we hold annual accounts for 4,893. 752 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-06-1989
Fiscal year end31-12
Activities, NACEBEL
55401
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.