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ML COMPANY

Active
Private limited companyfounded 198937 yrs activeRoodborststraat 2, 9870 Zulte, BelgiumKBO/BCE: BE 0437.294.806

ML COMPANY has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33k and a net result of €2k. Equity is growing by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 83% of 2176 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
69 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability46=
Solvency97▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 3.65 against 3.32 in 2024; short-term debt: 27.4% and cash: 4.4% of total assets), and 27.6% 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 riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 37 years 0 40 y
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
72.4%
Return on assets
3.4%
Age of the figures
9 mo
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
25 d early
2024
14 d early
2023
30 d late
2022
14 d early
2021
61 d late
2020
30 d late
2019
32 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 months
Position in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
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

Financials · fiscal year 2025, abbreviated schema

Equity
€33k▲ 5.0%
2024 · €32k
2018: €25k 2019: €27k 2020: €28k 2021: €29k 2022: €30k 2023: €33k 2024: €32k
2018 → 2025
Total assets
€46k▲ 1.0%
2024 · €46k
2018: €38k 2019: €36k 2020: €46k 2021: €37k 2022: €42k 2023: €42k 2024: €46k
2018 → 2025
Net result
€2k▲ 2.8%
2024 · €2k
2018: €1k 2019: €1k 2020: €2k 2021: €125 2022: €2k 2023: €2k 2024: €2k
2018 → 2025
Working capital
€33k▲ 5.0%
2024 · €32k
2018: €29k 2019: €30k 2020: €35k 2021: €32k 2022: €37k 2023: €33k 2024: €32k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€29k-€30k▲ 5.7%€33k▲ 9.7%€32k▼ 4.3%€33k▲ 5.0%
Operating result€1k-€1k▼ 2.9%€1k▼ 10.8%€1k▲ 19.2%€1k▲ 4.9%
Net result€125-€2k▲ 1,201%€2k▼ 6.5%€2k▲ 1.3%€2k▲ 2.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€500€1k€2kOperating result 2021: €1k€1kNet result 2021: €125€125Operating result 2022: €1k€1kNet result 2022: €2k€2kOperating result 2023: €1k€1kNet result 2023: €2k€2kOperating result 2024: €1k€1kNet result 2024: €2k€2kOperating result 2025: €1k€1kNet result 2025: €2k€2k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 5% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €46k
Equity €33k▲ 5.0%
Debt €13k▼ 8.1%
The debt ratio falls from 30.3% to 27.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Solvency
72.4%
2024 · 69.7%
Current ratio
3.65
2024 · 3.32
Quick ratio
3.65
2024 · 3.32
Debt / equity
0.38
2024 · 0.44
ROE
4.7%
2024 · 4.8%
ROA
3.4%
2024 · 3.4%
Debt
€13k
2024 · €14k
Debt ≤ 1 year
€13k
2024 · €14k
Income taxes
€527
2024 · €513
Staff costs
€22k
2024 · €19k
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€46k€46k
Current assets29/58€46k€46k
Amounts receivable after more than one year29€30k€35k
Other amounts receivable291€30k€35k
Amounts receivable within one year40/41€14k€9k
Trade receivables40€14k€9k
Other amounts receivable41€15€357
Current investments50/53€452-
Cash at bank and in hand54/58-€2k
Deferred charges and accrued income490/1€1k€129
Equity and liabilities
Total equity and liabilities10/49€46k€46k
Equity10/15€32k€33k
Contributions10/11€20k€20k=
Profit (loss) carried forward14€12k€13k
Amounts payable17/49€14k€13k
Amounts payable within one year42/48€14k€13k
Trade debts44€8k€10k
Suppliers440/4€8k€10k
Taxes, remuneration and social security45€12-
Taxes450/3€12-
Other amounts payable47/48€6k€2k
Accrued charges and deferred income492/3€88€89
Income statement Code20242025
Remuneration, social security and pensions62€19k€22k
Other operating charges640/8€574€590
Gross operating margin9900€21k€23k
Operating profit (loss)9901€1k€1k
Financial income75/76B€908€907
Recurring financial income75€908€907
Financial charges65/66B€116€120
Recurring financial charges65€116€120
Profit (loss) for the period before taxes9903€2k€2k
Income taxes67/77€513€527
Profit (loss) for the period9904€2k€2k
Profit (loss) for the period to be appropriated9905€2k€2k
Appropriation of the result
Profit (loss) to be appropriated9906€12k€13k
Profit (loss) brought forward from the previous period14P€10k€12k
Transfer from equity791/2€3k-
Profit to be distributed694/7€3k-
Return on contributions (dividend)694€3k-
Social balance
Average headcount (FTE)90870.70.3

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
06-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
17-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
17-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 61 days late
2021
31-12
Financial Weakest financial yearnet €125 ▼93.3%
Net result drops to €125, the lowest in the series; recovery starts the following year.
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial Highest result since 2018net €2k ▲27.9%
Operating result €2k, net result €2k, both a record.
01-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 32 days late
2019
27-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
20-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · 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
3 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, Zulte · 1 establishment unit since 2001
establishment The establishment unit on the map
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.

Roodborststraat 29870 Zulte
Ground area
981 m²
Building footprint
134 m²
Volume, LiDAR
719 m³
Parcel 44081C0149/00V032, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Roodborststraat 2, 9870 Zulte
Manufacture of basic metals
since 20012.043.216.908
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44081C0149/00V032 Flanders 981 m² 1 · 134 m² 8.3 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 29,801 companies in sector 41001 we hold annual accounts for 16,045. 12,576 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded25-04-1989
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
70200Business and other management consultancy
70220Business consulting
21100Manufacture of basic pharmaceutical products and pharmaceutical preparations
68121Development of residential building projects
70111
71122Land surveying
74851
82100Office administrative and support services
82190Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.