MKO INNOVATIONS
ActiveMKO INNOVATIONS has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €70k and a net result of €27k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 80% of 6971 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
100
/ 100
Excellent▲ +7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+40
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 5.43 against 4.01 in 2024), and 16.9% 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
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
83.1%
Return on assets
32.4%
Age of the figures
9 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €70k
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 22-04-2026, 100 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
100 d early
2024
94 d early
2023
14 d early
2022
35 d early
2021
52 d early
2020
31 d late
2019
48 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€70k▲ 64.1%
2024 · €43k
2018: €-815
2019: €-1k
2020: €-2k
2021: €6k
2022: €13k
2023: €38k
2024: €43k
2018 → 2025
Total assets
€84k▲ 34.7%
2024 · €63k
2018: €77
2019: €18
2020: €3k
2021: €28k
2022: €23k
2023: €67k
2024: €63k
2018 → 2025
Net result
€27k▲ 436%
2024 · €5k
2018: €-810
2019: €-307
2020: €-574
2021: €8k
2022: €7k
2023: €25k
2024: €5k
2018 → 2025
Working capital
€61k▲ 52.5%
2024 · €40k
2018: €-815
2019: €-1k
2020: €-2k
2021: €-10k
2022: €5k
2023: €26k
2024: €40k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€6k-€13k▲ 116%€38k▲ 196%€43k▲ 13.6%€70k▲ 64.1%
Operating result€11k-€11k▼ 1.7%€40k▲ 260%€12k▼ 69.5%€43k▲ 251%
Net result€8k-€7k▼ 10.3%€25k▲ 265%€5k▼ 79.5%€27k▲ 436%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 251% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €84k
Fixed assets
€10k▲ 2.5%
Current assets
€75k▲ 40.3%
Equity and liabilities €84k
Equity
€70k▲ 64.1%
Debt
€14k▼ 28.3%
The debt ratio falls from 31.8% to 16.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€54k▲
2024 · €27k
Cash flow
€39k▲
2024 · €20k
Solvency
83.1%▲
2024 · 68.2%
Current ratio
5.43▲
2024 · 4.01
Quick ratio
5.31▲
2024 · 3.88
Debt / equity
0.20▼
2024 · 0.47
ROE
39.1%▲
2024 · 12.0%
ROA
32.4%▲
2024 · 8.2%
Interest coverage
70.44▲
2024 · 16.68
Debt
€14k▼
2024 · €20k
Debt ≤ 1 year
€14k▲
2024 · €13k
Debt > 1 year
€526▼
2024 · €7k
Income taxes
€15k▲
2024 · €5k
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€63k€84k▲
Fixed assets21/28€9k€10k▲
Intangible fixed assets21-€5k
Tangible fixed assets22/27€9k€4k▼
Plant, machinery and equipment23€2k€2k▲
Furniture and vehicles24€7k€2k▼
Financial fixed assets28€200€200=
Current assets29/58€53k€75k▲
Stocks and contracts in progress3€2k€2k▼
Stocks30/36€2k€2k▼
Amounts receivable within one year40/41€19k€9k▼
Trade receivables40€17k€116▼
Other amounts receivable41€2k€9k▲
Cash at bank and in hand54/58€22k€62k▲
Deferred charges and accrued income490/1€10k€2k▼
Equity and liabilities
Total equity and liabilities10/49€63k€84k▲
Equity10/15€43k€70k▲
Contributions10/11€1€1=
Reserves13€43k€70k▲
Distributable reserves133€43k€70k▲
Profit (loss) carried forward14€96€98▲
Amounts payable17/49€20k€14k▼
Amounts payable after more than one year17€7k€526▼
Financial debts170/4€7k€526▼
Amounts payable within one year42/48€13k€14k▲
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44€571€3k▲
Suppliers440/4€571€3k▲
Taxes, remuneration and social security45€4k€5k▲
Taxes450/3€4k€5k▲
Other amounts payable47/48€3k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€11k▼
Other operating charges640/8€528€756▲
Gross operating margin9900€28k€55k▲
Operating profit (loss)9901€12k€43k▲
Financial income75/76B€8€179▲
Recurring financial income75€8€179▲
Financial charges65/66B€2k€769▼
Recurring financial charges65€2k€769▼
Profit (loss) for the period before taxes9903€11k€42k▲
Income taxes67/77€5k€15k▲
Profit (loss) for the period9904€5k€27k▲
Profit (loss) for the period to be appropriated9905€5k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€27k▲
Profit (loss) brought forward from the previous period14P€94€96▲
Transfer to equity691/2€5k€27k▲
To other reserves6921€5k€27k▲
The notes to these accounts (11 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
22-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €27k ▲436%
Operating result €43k, net result €27k, both a record.
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity triplescurrent ratio 1.49
Current ratio from 0.56 to 1.49; short-term debt falls from €22k to €10k.
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €8k
Net result €8k after 3 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
17-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 48 days late
2019
09-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 70 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 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, Tournai · 1 establishment unit since 2016
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.
Rue Hulans(TEM) 57520 TournaiGround area
2,016 m²
Building footprint
430 m²
Volume, LiDAR
2,583 m³
2 parcels, Wallonia · tallest building 12.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
MKO Innovations.
since 20162.258.812.472
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57078A0561/00E000 | Wallonia | 1,944 m² | 1 · 370 m² | 7.0 m · 2 fl. |
| 51004D0888/00G000 | Wallonia | 72 m² | 1 · 60 m² | 12.1 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
A-Sign
BE 0693.793.884
Zele · Eq €70k
MXM
BE 0472.188.476
Amay · Eq €70k
ECOM360
BE 0759.687.271
Aalst · Eq €70k
SESAME PROSPECTION
BE 0458.853.055
Elsene · Eq €70k
TEXTI
BE 0536.628.546
Quaregnon · Eq €70k
Of 9,810 companies in sector 73110 we hold annual accounts for 3,724. 3,015 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-12-2016
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
43211General electrical installation work
46190Agents in non-specialised wholesale trade
46620Wholesale of machine tools
47400Retail sale of information and communication equipment
47410Retail trade
47420Retail trade
74112Other professional, scientific and technical activities
74103Other professional, scientific and technical activities
74120Graphic design and visual communication
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.