MLAZ
ActiveMLAZ has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35k and a net result of €4k. Equity is growing by ~23.5% per year across the filed fiscal years. Its solvency ranks better than 61% of 4488 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+30
Solvency75▼-25
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 2.32 against 3.85 in 2024; short-term debt: 41.7% and cash: 40.5% of total assets), but 50.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
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 dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 15-10-2025, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
on the day
2023
on the day
2022
3 d early
2021
2 d early
2020
1 d early
2019
6 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close17-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€35k▲ 21.2%
2024 · €29k
2019: €6k
2020: €-3k
2021: €2k
2022: €23k
2023: €27k
2024: €29k
2019 → 2025
Total assets
€72k▲ 87.0%
2024 · €38k
2019: €62k
2020: €62k
2021: €59k
2022: €74k
2023: €50k
2024: €38k
2019 → 2025
Net result
€4k▲ 117%
2024 · €2k
2019: €-24k
2020: €-10k
2021: €5k
2022: €16k
2023: €5k
2024: €2k
2019 → 2025
Working capital
€39k▲ 53.0%
2024 · €26k
2019: €25k
2020: €12k
2021: €520
2022: €27k
2023: €27k
2024: €26k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2k-€23k▲ 1,101%€27k▲ 20.7%€29k▲ 6.4%€35k▲ 21.2%
Operating result€7k-€19k▲ 158%€6k▼ 66.5%€4k▼ 33.9%€7k▲ 66.2%
Net result€5k-€16k▲ 201%€5k▼ 70.7%€2k▼ 62.6%€4k▲ 117%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 66% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €72k
Fixed assets
€2k▼ 34.0%
Current assets
€69k▲ 99.0%
Equity and liabilities €72k
Equity
€35k▲ 21.2%
Debt
€36k▲ 299%
The debt ratio rises from 23.6% to 50.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€8k▲
2024 · €4k
Cash flow
€5k▲
2024 · €2k
Solvency
49.5%▼
2024 · 76.4%
Current ratio
2.32▼
2024 · 3.85
Quick ratio
2.32▼
2024 · 3.85
Debt / equity
1.02▲
2024 · 0.31
ROE
10.8%▲
2024 · 6.0%
ROA
5.4%▲
2024 · 4.6%
Interest coverage
5.69▲
2024 · 2.18
Debt
€36k▲
2024 · €9k
Debt ≤ 1 year
€30k▲
2024 · €9k
Debt > 1 year
€6k
Income taxes
€2k▲
2024 · €463
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€38k€72k▲
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Plant, machinery and equipment23-€0
Furniture and vehicles24€3k€2k▼
Current assets29/58€35k€69k▲
Amounts receivable within one year40/41€31k€39k▲
Trade receivables40€29k€37k▲
Other amounts receivable41€2k€1k▼
Cash at bank and in hand54/58€4k€29k▲
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€38k€72k▲
Equity10/15€29k€35k▲
Contributions10/11€19k€19k=
Reserves13€11k€9k▼
Distributable reserves133€11k€9k▼
Profit (loss) carried forward14-€8k
Amounts payable17/49€9k€36k▲
Amounts payable after more than one year17-€6k
Financial debts170/4-€6k
Amounts payable within one year42/48€9k€30k▲
Current portion of amounts payable after more than one year42-€2k
Trade debts44€636-
Suppliers440/4€636-
Taxes, remuneration and social security45€2k€14k▲
Taxes450/3€2k€1k▼
Remuneration and social security454/9-€12k
Other amounts payable47/48€6k€14k▲
Income statement
Code20242025
Non-recurring operating income76A-€7k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€67€1k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k-
Other operating charges640/8€5k€950▼
Gross operating margin9900€10k€9k▼
Operating profit (loss)9901€4k€7k▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€2k€5k▲
Income taxes67/77€463€2k▲
Profit (loss) for the period9904€2k€4k▲
Profit (loss) for the period to be appropriated9905€2k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€8k▲
Profit (loss) brought forward from the previous period14P-€4k
Transfer to equity691/2€2k-
To other reserves6921€2k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
15-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Highest result since 2019net €16k ▲201%
Operating result €19k, net result €16k, both a record.
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
06-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 6 days late
2018
25-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
07-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2016
17-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Heusden-Zolder · 1 establishment unit since 2014
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.
Brugstraat 63550 Heusden-ZolderGround area
447 m²
Building footprint
135 m²
Volume, LiDAR
1,515 m³
Parcel 71502B0450/00R000, Flanders · tallest building 13.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
MLAZ
since 20142.233.326.911
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71502B0450/00R000 | Flanders | 447 m² | 1 · 134 m² | 13.8 m · 4 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 693 EUR awarded · 693 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 693 EUR | 693 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,606 companies in sector 49410 we hold annual accounts for 8,195. 5,695 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-04-2014
Fiscal year end31-03
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.