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MKM Solutions

Active
Private limited companyfounded 20233 yrs activeToekomstlaan 13, 3600 Genk, BelgiumKBO/BCE: BE 0802.101.908

The computed 12-month bankruptcy probability of MKM Solutions is 2.0% (moderate). The 2024 annual accounts show equity of €63k and a net result of €52k. Its solvency ranks better than 52% of 1329 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
66 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency73▼-27
Growth78
Track record94
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 3.05 against 6.75 in 2023; short-term debt: 22.9% and cash: 0.4% of total assets), but 52.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
+raises riskneutral
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
30 d early
2023
9 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€63k▲ 453%
2023 · €11k
2023: €11k
2023 → 2024
Total assets
€132k▲ 886%
2023 · €13k
2023: €13k
2023 → 2024
Net result
€52k▲ 598%
2023 · €7k
2023: €7k
2023 → 2024
Working capital
€62k▲ 443%
2023 · €11k
2023: €11k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20232024Trend
Equity€11k-€63k▲ 453%
Operating result€9k-€66k▲ 604%
Net result€7k-€52k▲ 598%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2023: €9k€9kNet result 2023: €7k€7kOperating result 2024: €66k€66kNet result 2024: €52k€52k20232024
The operating result rises in 2024; 2024 is 604% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €132k
Fixed assets €40k
Current assets €92k
Equity and liabilities €132k
Equity €63k▲ 453%
Debt €69k▲ 3,377%
The debt ratio rises from 14.8% to 52.2%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€67k
Cash flow
€53k
Solvency
47.8%
2023 · 85.2%
Current ratio
3.05
2023 · 6.75
Quick ratio
3.05
2023 · 6.75
Debt / equity
1.09
2023 · 0.17
ROE
81.9%
2023 · 65.0%
ROA
39.2%
2023 · 55.4%
Interest coverage
104.73
Debt
€69k
2023 · €2k
Debt ≤ 1 year
€30k
2023 · €2k
Debt > 1 year
€39k
Income taxes
€13k
2023 · €2k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€13k€132k
Fixed assets21/28-€40k
Tangible fixed assets22/27-€40k
Plant, machinery and equipment23-€33k
Furniture and vehicles24-€7k
Current assets29/58€13k€92k
Amounts receivable within one year40/41€10k€64k
Trade receivables40€8k€54k
Other amounts receivable41€1k€11k
Cash at bank and in hand54/58€878€465
Deferred charges and accrued income490/1€3k€27k
Equity and liabilities
Total equity and liabilities10/49€13k€132k
Equity10/15€11k€63k
Contributions10/11€4k€4k=
Reserves13-€50k
Distributable reserves133-€50k
Profit (loss) carried forward14€7k€9k
Amounts payable17/49€2k€69k
Amounts payable after more than one year17-€39k
Financial debts170/4-€39k
Amounts payable within one year42/48€2k€30k
Trade debts44€97€10k
Suppliers440/4€97€10k
Taxes, remuneration and social security45€2k€15k
Taxes450/3€2k€15k
Other amounts payable47/48-€5k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€765
Other operating charges640/8-€242
Gross operating margin9900€9k€67k
Operating profit (loss)9901€9k€66k
Financial income75/76B€2€63
Recurring financial income75€2€63
Financial charges65/66B€37€636
Recurring financial charges65€37€636
Profit (loss) for the period before taxes9903€9k€65k
Income taxes67/77€2k€13k
Profit (loss) for the period9904€7k€52k
Profit (loss) for the period to be appropriated9905€7k€52k
Appropriation of the result
Profit (loss) to be appropriated9906€7k€59k
Profit (loss) brought forward from the previous period14P-€7k
Transfer to equity691/2-€50k
To other reserves6921-€50k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
01-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
22-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
NBB filing

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, Genk · 1 establishment unit since 2023
establishment The establishment unit on the map
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.

Toekomstlaan 133600 Genk
Ground area
1,083 m²
Building footprint
527 m²
Volume, LiDAR
4,280 m³
Parcel 71302A0032/00M038, Flanders · tallest building 8.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MKM Carrosserie
Toekomstlaan 13, 3600 GenkReal estate development
since 20232.345.390.813
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71302A0032/00M038 Flanders 1,083 m² 1 · 527 m² 8.8 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.

Recognitions · licences · registrations

Recognised contractor

6 categories
MKM Solutions BV45960
category C, class 1 · category C1, class 1 · category G, class 1 · category P1, class 1 · category P2, class 1 · category P3, class 1
decision 05-03-2026

Similar companies · same sector, comparable size

Of 1,823 companies in sector 42220 we hold annual accounts for 958. 696 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded25-05-2023
Fiscal year end31-12
Activities, NACEBEL
42220Construction of utility projects for electricity and telecommunications
95314Bodywork repair (including spraying and painting)
42110Construction of roads and motorways
43120Site preparation
47811Retail sale of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.