Equity
€292,948 ▼ 14.8%
ML 20 paid out €147,059 in dividends. That is 121% of the 2025 profit.
ML 20
Lifetime
5 annual accounts with figures on one time axispeak €212,889 (2025)
€212,889▲ 50.2%
peak €121,246 (2025)
€121,246▲ 67.8%
peak €343,761 (2024)
€292,948▼ 14.8%
€743,175▼ 7.2%
Board2 names since 2020
2 directorsLaleman,Timothy André Yvonne and 1 other
Documentsfilings and deeds
13-01-202618 days before the deadline
2025micro format
Gross margin from €141,703 to €212,889Result from €72,272 to €121,246Registered office moved from Destelbergen to Lochristi 08-08Dividend €147,059Equity from €343,761 to €292,948Cash from €153,123 to €43,564
Key points
from the 2025 annual accountsTurnover
≈ €360,000 estimated
The micro format states no turnover.
Debts
€743,175 72% of the balance sheet
Financial debts 69%Suppliers 0%Taxes and wages 5%Other 25%
Of this, €190,607 falls due within a year.
Filings
5 annual accounts since 2021
The last five annual accounts were filed 18 to 51 days before the end of the period.
Starting capital
€3,000 100 shares
Position in the sector
€121,246
Higher net result than 89% of companies in head offices and management consultancy. Sector median €27,138 · 39,380 companies.
Checked score
85
Excellent
Financially stronger than 35% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: < 0.1%▼ -0.1 percentage points vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025lowest value
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: 0.1%▲ +0.1 percentage points vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.2%▲ +0.1 percentage points vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.3%▲ +0.1 percentage points vs 12-2025highest value
02-2026: 0.2%▼ -0.1 percentage points vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.3%▲ +0.1 percentage points vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €1.0m
Figures for financial year 2025 (filed on 13-01-2026)
Calculation
The band follows from the bankruptcy probability. 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 70, micro). It does better than 29% of them on solvency, 35% on liquidity, 51% on profitability and 25% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,684 companies had the same profile as ML 20 has now. Each dot stands for 7 companies, two years later.
97.3%
were still trading
1.2%
stopped another way
1.3%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ML 20 itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,447 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 2,684 companies, not a prediction for ML 20. 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.
Credit verdict
Credit of up to €24,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.06 (1.2 in 2024), below the usual 1.5. Short-term debt is 18.4% and cash 4.2% of total assets. 71.7% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 13-01-2026, 18 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
18 days early
2024
32 days early
2023
51 days early
2022
42 days early
2021
42 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 37 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 20 December (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Board and ownership
- Laleman, Timothy André Yvonne 50 sharesdeed of 09-03-2020
- Rillaert, Malisa Soraya Tatiana 50 sharesdeed of 09-03-2020
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0744768374
Registered office moved from Destelbergen to Lochristi
New registered office: Rechtstraat 135, 9080 Lochristi · Previous registered office: Dendermondesteenweg 748, 9070 Destelbergen · Board meeting of 06-02-2025 · Gazette deed
Incorporation
Founding capital of €3,000, 100 shares · Founders: Laleman, Timothy André Yvonne; Rillaert, Malisa Soraya Tatiana · Appointments: Laleman, Timothy André Yvonne (director) and Rillaert, Malisa Soraya Tatiana (director) · published on 09-03-2020 · Gazette deed
First establishment
Rechtstraat 135, Lochristi
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ML 20 Lochristi | €1.0m | €212,889 | 28.3% | - |
| C-INVEST Ghent | €1.0m | €204,861 | 18.6% | - |
| De Pelsmacker Activities Denderleeuw | €1.0m | €221,558 | 34.9% | - |
| Pajules Brakel | €1.0m | €200,569 | 6.5% | - |
| Guimau Deinze | €0.9m | €239,206 | 58.3% | - |
| KONSILON SOLIDAN Brakel | €0.9m | €213,147 | 27.7% | - |
| FRUIT QC & more Lievegem | €0.9m | €180,888 | 92.4% | - |
These companies have the same main activity as ML 20: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €867,000 and €1m, founded between 2019 and 2020.
Official details
Source: KBO- Status
- Active since 05-03-2020Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.300.332.4329080 Lochristi, since 05-03-2020
- Financial year end
- 30 June
- Peppol
- Reachable since 11-02-2026
Annual accounts to 30-06-2025
- €1.0m▼ 9.5%
- Filing
- Filed on 13-01-2026, 18 days before the end of the filing period
Insights on ML 20
ML 20 files the micro format. That format states no turnover. The gross margin rose from €143,198 in 2021 to €212,889 in 2025.
The balance sheet grew most from 2022 to 2024 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ML 20
- What is the company number of ML 20?
- The company number of ML 20 is 0744.768.374. The VAT number is the same number with BE in front: BE 0744.768.374.
- Where is ML 20 based?
- The registered office is at Rechtstraat 135, 9080 Lochristi.Company details
- What does ML 20 do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of ML 20?
- ML 20 is a private limited company (BV).
- When was ML 20 founded?
- ML 20 was founded on 05-03-2020.
- Is ML 20 still active?
- Yes, ML 20 is an active enterprise in the KBO register.
- What is the turnover of ML 20?
- The turnover in financial year 2025 is ≈ €360,000. This figure is estimated from the gross margin of €212,889 and 109 comparable companies (NACE 70200). It probably lies between €300,000 and €430,000.Financials
- Is ML 20 profitable?
- In financial year 2025, ML 20 made a profit of €121,246.
- Where can I find the annual accounts of ML 20?
- ML 20 filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ML 20 due?
- ML 20 must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.