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MLA ADVISORY

Active
Private limited companyfounded 20233 yrs activeKarekietlaan 11, 1640 Sint-Genesius-Rode, BelgiumKBO/BCE: BE 0802.998.563
Summary

The computed 12-month bankruptcy probability of MLA ADVISORY is 1.7% (moderate). The 2024 annual accounts show equity of €33,615 and a net result of €11,982. Its solvency ranks better than 32% of 8969 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability84▼-16
Solvency58▼-28
Growth52
Track record94
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 1.63 against 2.32 in 2023; short-term debt: 20.6% and cash: 0.5% of total assets), but 66.6% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
33.4%
Return on assets
11.9%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-04-2025, 116 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
116 d early
2023
112 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 114 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.

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 21 June 2023, MLA ADVISORY was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€33,615▲ 55.4%
2023 · €21,633
Total assets
€100,616▲ 182%
2023 · €35,741
Net result
€11,982▼ 35.7%
2023 · €18,633
Working capital
€13,132▼ 29.3%
2023 · €18,576
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result€23,843-€12,948▼ 45.7%
Net result€18,633within the sector's middle half-€11,982within the sector's middle half▼ 35.7%
Equity€21,633within the sector's middle half-€33,615within the sector's middle half▲ 55.4%
Total assets€35,741below the sector's middle half-€100,616within the sector's middle half▲ 182%
Debt€14,109-€67,001▲ 375%
Working capital€18,576within the sector's middle half-€13,132within the sector's middle half▼ 29.3%
Solvency60.5%within the sector's middle half-33.4%within the sector's middle half▼ 27.1pp
Current ratio2.32within the sector's middle half-1.63within the sector's middle half▼ 0.68
Return on assets (ROA)52.1%above the sector's middle half-11.9%within the sector's middle half▼ 40.2pp
above within below the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000Operating result 2023: €23,843€23,843Net result 2023: €18,633€18,633Operating result 2024: €12,948€12,948Net result 2024: €11,982€11,98220232024€0€10,000€20,000Operating result 2023: €23,843€23,800Net result 2023: €18,633€18,600Operating result 2024: €12,948€12,900Net result 2024: €11,982€12,00020232024
The operating result falls in 2024; 2024 is 46% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €99,538
Fixed assets €65,680 ▲ 3,937%
Current assets €33,858 ▲ 3.6%
Equity and liabilities €100,616
Equity €33,615 ▲ 55.4%
Debt €67,001 ▲ 375%
Debt's share of the balance-sheet total rises from 39.5% to 66.6%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€14,527▼
2023 · €24,345
Cash flow
€13,561▼
2023 · €19,135
Debt to equity
1.99▲
2023 · 0.65
ROE
35.6%▼
2023 · 86.1%
Interest coverage
59.07
Debt ≤ 1 year
€20,726▲
2023 · €14,109
Debt > 1 year
€46,275
Income taxes
€1,587▼
2023 · €5,210
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,276 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 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 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% 1.7%
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 75% 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 39,276 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 · 2024 against 2023 · 44 lines
Balance sheet Code20232024
Assets
Total assets20/58€35,741€100,616▲
Formation expenses20€1,430€1,078▼
Fixed assets21/28€1,627€65,680▲
Intangible fixed assets21-€13,517
Tangible fixed assets22/27€1,536€52,072▲
Furniture and vehicles24€1,536€52,072▲
Financial fixed assets28€91€91=
Current assets29/58€32,685€33,858▲
Amounts receivable within one year40/41€13,939€33,321▲
Trade receivables40€13,939€9,970▼
Other amounts receivable41-€23,350
Current investments50/53€2,000-
Cash at bank and in hand54/58€13,836€538▼
Deferred charges and accrued income490/1€2,910-
Equity and liabilities
Total equity and liabilities10/49€35,741€100,616▲
Equity10/15€21,633€33,615▲
Contributions10/11€3,000€3,000=
Reserves13€18,633€30,615▲
Distributable reserves133€18,633€30,615▲
Amounts payable17/49€14,109€67,001▲
Amounts payable after more than one year17-€46,275
Financial debts170/4-€46,275
Amounts payable within one year42/48€14,109€20,726▲
Current portion of amounts payable after more than one year42-€10,226
Trade debts44€5,347€9,052▲
Suppliers440/4€5,347€9,052▲
Taxes, remuneration and social security45€8,762€1,448▼
Taxes450/3€8,602€1,448▼
Remuneration and social security454/9€160-
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€503€1,578▲
Other operating charges640/8€197€14,601▲
Gross operating margin9900€24,542€29,127▲
Operating profit (loss)9901€23,843€12,948▼
Financial income75/76B€0€867▲
Recurring financial income75€0€867▲
Financial charges65/66B-€246
Recurring financial charges65-€246
Profit (loss) for the period before taxes9903€23,843€13,570▼
Income taxes67/77€5,210€1,587▼
Profit (loss) for the period9904€18,633€11,982▼
Profit (loss) for the period to be appropriated9905€18,633€11,982▼
Appropriation of the result
Profit (loss) to be appropriated9906€18,633€11,982▼
Transfer to equity691/2€18,633€11,982▼
To other reserves6921€18,633€11,982▼

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€503€1,578▲ 214%
Other operating charges640/8€197€14,601▲ 7,307%
Gross operating margin9900€24,542€29,127▲ 18.7%
Operating profit (loss)9901€23,843€12,948▼ 45.7%
Financial income75/76B€0€867▲ 2,891,467%
Recurring financial income75€0€867▲ 2,891,467%
Financial charges65/66B-€246-
Recurring financial charges65-€246-
Profit (loss) for the period before taxes9903€23,843€13,570▼ 43.1%
Income taxes67/77€5,210€1,587▼ 69.5%
Profit (loss) for the period9904€18,633€11,982▼ 35.7%
Profit (loss) for the period to be appropriated9905€18,633€11,982▼ 35.7%
Line20232024Change
Assets
Total assets20/58€35,741€100,616▲ 182%
Formation expenses20€1,430€1,078▼ 24.6%
Fixed assets21/28€1,627€65,680▲ 3,937%
Intangible fixed assets21-€13,517-
Tangible fixed assets22/27€1,536€52,072▲ 3,290%
Furniture and vehicles24€1,536€52,072▲ 3,290%
Financial fixed assets28€91€91=
Current assets29/58€32,685€33,858▲ 3.6%
Amounts receivable within one year40/41€13,939€33,321▲ 139%
Trade receivables40€13,939€9,970▼ 28.5%
Other amounts receivable41-€23,350-
Current investments50/53€2,000--
Cash at bank and in hand54/58€13,836€538▼ 96.1%
Deferred charges and accrued income490/1€2,910--
Equity and liabilities
Total equity and liabilities10/49€35,741€100,616▲ 182%
Equity10/15€21,633€33,615▲ 55.4%
Contributions10/11€3,000€3,000=
Reserves13€18,633€30,615▲ 64.3%
Distributable reserves133€18,633€30,615▲ 64.3%
Amounts payable17/49€14,109€67,001▲ 375%
Amounts payable after more than one year17-€46,275-
Financial debts170/4-€46,275-
Amounts payable within one year42/48€14,109€20,726▲ 46.9%
Current portion of amounts payable after more than one year42-€10,226-
Trade debts44€5,347€9,052▲ 69.3%
Suppliers440/4€5,347€9,052▲ 69.3%
Taxes, remuneration and social security45€8,762€1,448▼ 83.5%
Taxes450/3€8,602€1,448▼ 83.2%
Remuneration and social security454/9€160--
Line20232024Change
Profit (loss) for the period9904€18,633€11,982▼ 35.7%
+ Depreciation and write-downs630€503€1,578▲ 214%
Operating cash flow (approximation)€19,135€13,561▼ 29.1%
Investment in fixed assets (approximation)--€65,631-
Change in cash--€13,298-

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

2025
06-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
10-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Sint-Genesius-Rode · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
258 m²
Building footprint
73 m²
Volume, LiDAR
793 m³
Parcel 22004A0017/00Z002, Flanders · tallest building 13.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Karekietlaan 11, 1640 Sint-Genesius-Rode
Real estate development
since 20232.346.186.708
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
22004A0017/00Z002 Flanders 258 m² 1 · 73 m² 13.8 m · 4 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.

Public money · subsidies and aid

Flemish government

2024 · 1 entry · 1,019 EUR awarded · 1,019 EUR paid
Year Entries awardedpaid
2024 1 1,019 EUR1,019 EUR
Schemes
1 entry · 1,019 EUR · 1,019 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 13,417 companies in sector 73300 we hold annual accounts for 6,906. 5,241 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
Founded21-06-2023
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
62900Other information technology and computer services
62100Computer programming
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
85592Vocational training
E-invoicing
Reachable via Peppol
Peppol ID 0208:0802998563
Also 9925:BE0802998563
Registered 02-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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