MKR
ActiveFinancials · financial year 2025, abbreviated format
2025 annual accounts filed 35 days after the deadline Filed on 4 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00501553.
Annual accounts 2025 filed on 04-09-2026 at the NBB
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Comparable companies
These companies have the same main activity as MKR: agents specialised in the wholesale of other particular products (NACE 46180). They are comparable in size and age: total assets between €3,190 and €6,880, founded between 2024 and 2025.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| MKR Mons | 2024 | €4,593 | €406 | -€2,558 | -€2,594 | 2025 |
| LAYB Zaventem | 2024 | €4,894 | -€463 | €631 | -€463 | 2025 |
| FUNES & MATTHYS ASSOCIATES Gent | 2024 | €5,189 | -€462 | -€805 | -€854 | 2025 |
| Tonivation Diksmuide | 2025 | €6,876 | €286 | -€4,361 | -€4,714 | 2025 |
| Resolux Group Kortenberg | 2024 | €3,194 | -€4,158 | -€1,884 | -€5,438 | 2025 |
| CDK TOYS Hoeilaart | 2025 | €6,629 | -€17,511 | -€19,930 | -€20,011 | 2025 |
| ViaEurope Customs Belgium II Grâce-Hollogne | 2025 | €6,871 | €458 | €1,527 | €358 | 2025 |
They were chosen from the 1,931 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 167 companies had the same profile as MKR has now. Two years later, 4.2% had gone bankrupt and 88.6% were still going.
- Micro
- under 2 years old
- solvency under 10%
- a loss of 10% of the balance sheet or more
Another 0.6% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MKR itself: 2.4% within 12 months.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 167 companies, not a prediction for MKR. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2025 |
|---|---|
| Goods, raw materials, services and sundry goods60/61 | €2,558 |
| Gross operating margin9900 | -€2,558 |
| Operating profit (loss)9901 | -€2,558 |
| Financial charges65/66B | €36 |
| Recurring financial charges65 | €36 |
| Profit (loss) for the period before taxes9903 | -€2,594 |
| Profit (loss) for the period9904 | -€2,594 |
| Profit (loss) for the period to be appropriated9905 | -€2,594 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €4,593 | |
| Current assets29/58 | €4,593 | |
| Stocks and contracts in progress3 | €2,697 | |
| Stocks30/36 | €2,697 | |
| Amounts receivable within one year40/41 | €1,833 | |
| Trade receivables40 | €1,571 | |
| Other amounts receivable41 | €262 | |
| Cash at bank and in hand54/58 | €64 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €4,593 | |
| Equity10/15 | €406 | |
| Contributions10/11 | €3,000 | |
| Contributions outside capital11 | €3,000 | |
| Other1109/19 | €3,000 | |
| Profit (loss) carried forward14 | -€2,594 | |
| Amounts payable17/49 | €4,187 | |
| Amounts payable within one year42/48 | €4,187 | |
| Trade debts44 | €4,009 | |
| Suppliers440/4 | €4,009 | |
| Other amounts payable47/48 | €179 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€2,594 |
| Operating cash flow (approximation) | -€2,594 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 04-09-2026 | 2026-00501553 | NBB |