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MKR2

Active
Private limited companyfounded 2017active for 9 yearsOudenaardsesteenweg 80, 9000 Gent, BelgiumKBO/BCE: BE 0680.447.476

From the official registers: KBO 7 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

MKR2 has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €579,844 and a net result of €635,613. Equity remains stable across the filed financial years (±1.2% per year). Its solvency ranks better than 30% of 12,737 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Official details

KBO
Status
Active since 25-08-2017 Normal situation
Legal form
Private limited company
Registered office
Oudenaardsesteenweg 80, 9000 Gent
Activity
Non-specialised retail sale with food, beverages or tobacco predominating NACE 47110
Establishment unit
2.267.525.448 9000 Gent, since 25-08-2017
Financial year end
31 March
Peppol
Reachable since 29-09-2025

Who decides

Board
  • KBO777 CommVDirector · since 23-11-2021
  • MDpp CommVDirector · since 23-11-2021

How it is doing

71 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts to 31-03-2025
Gross margin
€1.6m
▼ 11.2%
Turnover
≈ €11.0m
estimated
Profit
€635,613
▼ 6.1%
Equity
€579,844
▲ 0.1%
Total assets
€3.1m
▲ 10.6%
Staff
18.6 FTE
▼ 46.7%
2026 accounts not filed, 1 day past the deadline
Filed on 28-11-2025PDF
Why 71raises riskFigures for financial year 2025 (filed 28-11-2025)Sector: Retail trade (NACE 47)lowers riskLiquidity: current ratio 2.19, cash €1.1mProfit of €635,613 (financial year 2025)Show the evidence

Checked score

Score 2025
71 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 64% of its sector peers (NACE 47, small)
Financial strength · tick = 2024
Strong
Solvency 44-2
equity 18.9% of total assets
Liquidity 72+35
short-term debt 44.1% · cash 34.5%
Profitability 95-4
return on assets 20.7%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (3,694 companies, NACE 47, small)
Last 24 months 11-2024: 1.4%highest value 12-2024: 0.6%▼ -0.8 percentage points vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.7%▲ +0.1 percentage points vs 05-2025 07-2025: 0.7%● unchanged vs 06-2025 08-2025: 0.7%● unchanged vs 07-2025 09-2025: 0.8%▲ +0.1 percentage points vs 08-2025 10-2025: 0.9%▲ +0.1 percentage points vs 09-2025 11-2025: 1.4%▲ +0.5 percentage points vs 10-2025 12-2025: 0.2%▼ -1.2 percentage points vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026lowest value 04-2026: 0.2%● unchanged vs 03-2026lowest value 05-2026: 0.2%● unchanged vs 04-2026lowest value 06-2026: 0.3%▲ +0.1 percentage points vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.4%▲ +0.1 percentage points vs 08-2026 10-2026: 0.6%▲ +0.2 percentage points vs 09-2026
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.19, compared with 1.54 in 2024, above the usual 1.5; short-term debt: 44.1% and cash: 34.5% of total assets), but 81.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, small): better than 34% on solvency, 90% on liquidity, 95% on profitability and 37% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 2.19, cash €1.1m
NBB · annual accounts
raises risk · Figures for financial year 2025 (filed 28-11-2025)
NBB · annual accounts
lowers risk · Profit of €635,613 (financial year 2025)
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-11-2025, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filings
Deviation from the deadline
2026
not filed
2025
28 days late
2024
26 days late
2023
29 days late
2022
8 days late
2020
48 days late
2019
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 23 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Key points

  • Positive: Among the best 5% on net resultsector median €27,659 · 12,727 companies €635,613 View
  • Caution: Staff fell in 2025from 34.9 FTE to 18.6 FTE ▼ 46.7% View
  • Positive: 7 profitable years in a rowprofit 2025: €635,613 7 years View

Documents

Annual accounts at the NBB

All 7 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about MKR2

What is the company number of MKR2?
0680.447.476. In Belgium the VAT number is the company number with BE in front: BE 0680.447.476.
Where is MKR2 based?
The registered office is at Oudenaardsesteenweg 80, 9000 Gent.Company details
What does MKR2 do?
According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
What is the legal form of MKR2?
Private limited company (BV).
When was MKR2 founded?
On 25-08-2017.
Is MKR2 still active?
Yes, MKR2 is an active enterprise in the KBO register.
How many employees does MKR2 have?
On average 18.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of MKR2?
≈ €11.0m in financial year 2025. Estimated from the gross margin of €1.6m: probably between €6.7m and €13.0m, based on 30 comparable companies, NACE 471.
Is MKR2 profitable?
In financial year 2025, MKR2 made a profit of €635,613.
Where can I find the annual accounts of MKR2?
MKR2 filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)

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