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MKW Concept

Active
Private limited companyfounded 20242 yrs activeRue Fivé 69, 4100 Seraing, BelgiumKBO/BCE: BE 1011.108.994
Summary

The computed 12-month bankruptcy probability of MKW Concept is 2.0% (moderate). The 2025 annual accounts show equity of €24,925 and a net result of €19,925. Its solvency ranks better than 91% of 1913 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability100
Solvency100
Growth-
Track record67
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 6.36; short-term debt: 10.7% and cash: 19.8% of total assets), and 10.7% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 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 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
89.3%
Return on assets
71.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
31 d late
← before the deadline after the deadline →
Checked, nothing found (1)
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

History

On 3 July 2024, MKW Concept was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€24,925
Total assets
€27,911
Net result
€19,925
Working capital
€15,992

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €27,911
Fixed assets €8,934
Current assets €18,977
Equity and liabilities €27,911
Equity €24,925
Debt €2,985
Debt finances 10.7% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€24,296
Cash flow
€23,771
Current ratio
6.36
Debt to equity
0.12
ROE
79.9%
ROA
71.4%
Interest coverage
46.11
Debt ≤ 1 year
€2,985
Staff costs
€1,823

Peer companies

Historical observation

Of the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,275 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 32 lines
Balance sheet Code2025
Assets
Total assets20/58€27,911
Fixed assets21/28€8,934
Tangible fixed assets22/27€8,934
Furniture and vehicles24€8,934
Current assets29/58€18,977
Amounts receivable within one year40/41€13,061
Trade receivables40€12,016
Other amounts receivable41€1,045
Cash at bank and in hand54/58€5,526
Deferred charges and accrued income490/1€389
Equity and liabilities
Total equity and liabilities10/49€27,911
Equity10/15€24,925
Contributions10/11€5,000
Profit (loss) carried forward14€19,925
Amounts payable17/49€2,985
Amounts payable within one year42/48€2,985
Trade debts44€1,738
Suppliers440/4€1,738
Other amounts payable47/48€1,247
Income statement Code2025
Remuneration, social security and pensions62€1,823
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,845
Other operating charges640/8€532
Gross operating margin9900€26,651
Operating profit (loss)9901€20,450
Financial income75/76B€2
Recurring financial income75€2
Financial charges65/66B€527
Recurring financial charges65€527
Profit (loss) for the period before taxes9903€19,925
Profit (loss) for the period9904€19,925
Profit (loss) for the period to be appropriated9905€19,925
Appropriation of the result
Profit (loss) to be appropriated9906€19,925

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€1,823
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,845
Other operating charges640/8€532
Gross operating margin9900€26,651
Operating profit (loss)9901€20,450
Financial income75/76B€2
Recurring financial income75€2
Financial charges65/66B€527
Recurring financial charges65€527
Profit (loss) for the period before taxes9903€19,925
Profit (loss) for the period9904€19,925
Profit (loss) for the period to be appropriated9905€19,925
Line2025
Assets
Total assets20/58€27,911
Fixed assets21/28€8,934
Tangible fixed assets22/27€8,934
Furniture and vehicles24€8,934
Current assets29/58€18,977
Amounts receivable within one year40/41€13,061
Trade receivables40€12,016
Other amounts receivable41€1,045
Cash at bank and in hand54/58€5,526
Deferred charges and accrued income490/1€389
Equity and liabilities
Total equity and liabilities10/49€27,911
Equity10/15€24,925
Contributions10/11€5,000
Profit (loss) carried forward14€19,925
Amounts payable17/49€2,985
Amounts payable within one year42/48€2,985
Trade debts44€1,738
Suppliers440/4€1,738
Other amounts payable47/48€1,247
Line2025
Profit (loss) for the period9904€19,925
+ Depreciation and write-downs630€3,845
Operating cash flow (approximation)€23,771

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Seraing · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
165 m²
Building footprint
42 m²
Volume, LiDAR
299 m³
Parcel 62353D0246/00C031, Wallonia · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MKW Concept
Rue Fivé 69, 4100 SeraingManufacture of metal structures and parts of structures
since 20242.364.846.934
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62353D0246/00C031 Wallonia 165 m² 1 · 42 m² 8.6 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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

Of 3,984 companies in sector 25110 we hold annual accounts for 2,145. 1,137 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded03-07-2024
Fiscal year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
43331Floor and wall tiling
43350Other building finishing work
E-invoicing
Reachable via Peppol
Peppol ID 0208:1011108994
Registered 25-11-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.