ML FIREWORKS
ActiveSummary
ML FIREWORKS has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €300,510 and a net result of €28,188. Equity has been growing by about 29% per year since 2019. Its solvency ranks better than 69% of 13,741 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 22-08-2005 Normal situation
- Activity
- Wholesale of other household goods NACE 46499and 4 others
- Joint committees
- 116 Paritair Comité voor de scheikundige nijverheid
- 145 Paritair Comité voor het tuinbouwbedrijf
- 207 Paritair Comité voor de bedienden uit de scheikundige nijverheid · annual accounts 30-06-2025
- Establishment unit
- 2.148.946.215 3620 Lanaken, since 09-09-2005
- Financial year end
- 30 June
- Peppol
- Reachable since 24-11-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €148,036
- ▲ 3.5%
- Turnover
- ≈ €740,000
- estimated
- Profit
- €28,188
- ▼ 29.3%
- Equity
- €300,510
- ▲ 10.4%
- Total assets
- €474,182
- ▲ 11.3%
- Employees on 30-06-2025
- 2
- =
Score breakdownraises riskSector: Wholesale trade (NACE 46)lowers riskLiquidity: current ratio 2.82, cash €228,918Equity €300,510 (63.4% of total assets)Founded in 2005Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 46, micro). It does better than 69% of them on solvency, 91% on liquidity, 66% on profitability and 65% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 5 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed 2 directors resigning, 2 reappointedResignations: DRUTTI Mark (manager) and DRUTTI Lucien (manager) · Reappointments: DRUTTI Mark (director) and DRUTTI Lucien (director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as ML FIREWORKS: wholesale of other household goods (NACE 46499). They are comparable in size and age: total assets between €302,000 and €627,000, founded between 2003 and 2007.
| Company | Total assets | Gross margin |
|---|---|---|
| ML FIREWORKS Lanaken | €474,182 | €148,036 |
| BUYCK DISPLAYS Roeselare | €565,256 | €153,552 |
| UN MESSAGE DE VIE/RELIGIE REGINA Tongeren-Borgloon | €441,929 | €251,194 |
| IDEA FACTORY Bree | €302,433 | €122,220 |
| POLYESTER VAN DAMME Grâce-Hollogne | €369,884 | €126,155 |
| COFICOS Theux | €358,483 | €132,851 |
| VANIMCO Malle | €627,254 | €152,395 |
Key facts about ML FIREWORKS
- What is the company number of ML FIREWORKS?
- The company number of ML FIREWORKS is 0875.637.311. The VAT number is the same number with BE in front: BE 0875.637.311.
- Where is ML FIREWORKS based?
- The registered office is at Maastrichterweg 239, 3620 Lanaken.Company details
- What does ML FIREWORKS do?
- According to the KBO register, the main activity is wholesale of other household goods (NACE 46499).
- What is the legal form of ML FIREWORKS?
- The legal form of ML FIREWORKS is Private limited company (BV).
- When was ML FIREWORKS founded?
- ML FIREWORKS was founded on 22-08-2005.
- Is ML FIREWORKS still active?
- Yes, ML FIREWORKS is an active enterprise in the KBO register.
- How many employees does ML FIREWORKS have?
- ML FIREWORKS had an average of 1.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does ML FIREWORKS fall under?
- In its 30-06-2025 annual accounts, ML FIREWORKS states joint committees 116 (Paritair Comité voor de scheikundige nijverheid), 145 (Paritair Comité voor het tuinbouwbedrijf) and 207 (Paritair Comité voor de bedienden uit de scheikundige nijverheid).
- What is the turnover of ML FIREWORKS?
- The turnover in financial year 2025 is ≈ €740,000. This figure is estimated from the gross margin of €148,036 and 58 comparable companies (NACE 46). It probably lies between €370,000 and €1.4m.
- Is ML FIREWORKS profitable?
- In financial year 2025, ML FIREWORKS made a profit of €28,188.
- Where can I find the annual accounts of ML FIREWORKS?
- ML FIREWORKS filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ML FIREWORKS due?
- ML FIREWORKS must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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