MLC Lighting
ActiveSummary
The computed 12-month bankruptcy probability of MLC Lighting is 2.7% (moderate). The 2025 annual accounts show negative equity (€-79k) and a net result of €8k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 127 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.18 against 0.29 in 2024; short-term debt: 546.3% and cash: 54.3% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six 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 27
Relative position
BE, all sectors
reference
Manufacture of electrical equipment (NACE 27)
about 104% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-446.3%
Return on assets
47.2%
Age of the figures
9 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 127 sector peers (2025).
NBB · sector comparisonPosition among 127 sector peers
Solvency
better than 5%
← weakest
strongest →
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 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
77 d early
2023
71 d early
2022
122 d late
2021
30 d late
2020
23 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€8k
2024 · €-82k
Working capital
€-79k▲ 6.0%
2024 · €-84k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€34k▲ 94.1%€11k▼ 67.1%€20k▲ 77.0%€-14k€14k
Net result€19k▲ 212%€2k▼ 88.2%€-21k€-82k▼ 290%€8k
Equity€14k€16k▲ 16.5%€-5k€-87k▼ 1,559%€-79k▲ 9.6%
Total assets€167k▲ 22.2%€176k▲ 5.0%€115k▼ 34.4%€34k▼ 70.4%€18k▼ 48.2%
Debt€154k▲ 7.9%€160k▲ 4.0%€120k▼ 24.7%€121k▲ 0.7%€96k▼ 20.4%
Working capital€-82k▼ 6.6%€-86k▼ 4.0%€-61k▲ 28.2%€-84k▼ 36.6%€-79k▲ 6.0%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €14k after a loss of €14k in 2024.
Key figures and ratios
Solvency
-446.3%▼
2024 · -255.6%
Current ratio
0.18▼
2024 · 0.29
Debt to equity
-1.22▲
2024 · -1.39
ROA
47.2%▲
2024 · -240.2%
Debt ≤ 1 year
€96k▼
2024 · €118k
Income taxes
€2k▲
2024 · €175
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €908 | - |
| Remuneration, social security and pensions62 | €25 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | €9k | - | - | - | - |
| Other operating charges640/8 | €7k | €5k | - | €1k | €5k | ▲ 325% |
| Gross operating margin9900 | €51k | €25k | €20k | €-13k | €19k | ▲ 241% |
| Operating profit (loss)9901 | €34k | €11k | €20k | €-14k | €14k | ▲ 198% |
| Financial income75/76B | €13 | €138 | €156 | - | €41 | - |
| Recurring financial income75 | €13 | €138 | €156 | - | €41 | - |
| Financial charges65/66B | €3k | €3k | €36k | €67k | €3k | ▼ 94.9% |
| Recurring financial charges65 | €3k | €3k | €2k | €1k | €3k | ▲ 128% |
| Non-recurring financial charges66B | - | - | €34k | €66k | - | - |
| Profit (loss) for the period before taxes9903 | €31k | €9k | €-16k | €-82k | €11k | ▲ 113% |
| Income taxes67/77 | €12k | €7k | €5k | €175 | €2k | ▲ 1,169% |
| Profit (loss) for the period9904 | €19k | €2k | €-21k | €-82k | €8k | ▲ 110% |
| Profit (loss) for the period to be appropriated9905 | €19k | €2k | €-21k | €-82k | €8k | ▲ 110% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €167k | €176k | €115k | €34k | €18k | ▼ 48.2% |
| Fixed assets21/28 | €133k | €124k | €66k | - | - | - |
| Tangible fixed assets22/27 | €33k | €24k | - | - | - | - |
| Leasing and similar rights25 | €33k | €24k | - | - | - | - |
| Financial fixed assets28 | €100k | €100k | €66k | - | - | - |
| Current assets29/58 | €34k | €52k | €49k | €34k | €18k | ▼ 48.2% |
| Amounts receivable within one year40/41 | €28k | €44k | €48k | €34k | €8k | ▼ 76.2% |
| Trade receivables40 | €28k | €44k | €48k | €34k | €8k | ▼ 76.1% |
| Other amounts receivable41 | - | - | - | €211 | - | - |
| Cash at bank and in hand54/58 | €5k | €7k | €1k | €68 | €10k | ▲ 14,013% |
| Deferred charges and accrued income490/1 | €264 | €417 | €100 | €106 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €167k | €176k | €115k | €34k | €18k | ▼ 48.2% |
| Equity10/15 | €14k | €16k | €-5k | €-87k | €-79k | ▲ 9.6% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Profit (loss) carried forward14 | €7k | €10k | €-11k | €-93k | €-85k | ▲ 8.9% |
| Amounts payable17/49 | €154k | €160k | €120k | €121k | €96k | ▼ 20.4% |
| Amounts payable after more than one year17 | €37k | €23k | €10k | €3k | - | - |
| Financial debts170/4 | €37k | €23k | €10k | €3k | - | - |
| Amounts payable within one year42/48 | €116k | €137k | €111k | €118k | €96k | ▼ 18.2% |
| Current portion of amounts payable after more than one year42 | €14k | €15k | €6k | €7k | €3k | ▼ 55.8% |
| Trade debts44 | €3k | €37k | €5k | €20k | €16k | ▼ 19.3% |
| Suppliers440/4 | €3k | €37k | €5k | €20k | €16k | ▼ 19.3% |
| Advances received on contracts in progress46 | - | - | - | - | €13k | - |
| Taxes, remuneration and social security45 | €34k | €44k | €39k | €25k | €15k | ▼ 38.8% |
| Taxes450/3 | €34k | €38k | €39k | €25k | €15k | ▼ 38.8% |
| Remuneration and social security454/9 | - | €6k | - | - | - | - |
| Other amounts payable47/48 | €65k | €41k | €60k | €66k | €49k | ▼ 26.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19k | €2k | €-21k | €-82k | €8k | ▲ 110% |
| + Depreciation and write-downs630 | €11k | €9k | - | - | - | - |
| Operating cash flow (approximation) | €30k | €11k | €-21k | €-82k | €8k | ▲ 110% |
| Investment in fixed assets (approximation) | - | €0 | €58k | - | - | - |
| Change in cash | - | €1k | €-5k | €-1k | €10k | ▲ 778% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-82k
Net result drops to €-82k, the lowest in the series; recovery starts the following year.
21-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 122 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2021
31-12
Financial
Highest result since 2018net €19k ▲212%
Operating result €34k, net result €19k, both a record.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 23 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 12 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2016
25-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 86 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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, Sint-Pieters-Woluwe · 1 establishment unit since 2013
Ground area
622 m²
Building footprint
197 m²
Volume, LiDAR
2,021 m³
2 parcels, Brussels · tallest building 17.2 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
MLC Lighting
since 20132.227.417.928
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21682C0151/00R015 | Brussels | 496 m² | 1 · 117 m² | 10.9 m · 3 fl. |
| 21013B0386/00H017 | Brussels | 126 m² | 1 · 80 m² | 17.1 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 257 companies in sector 27402 we hold annual accounts for 157. 69 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 (pre-2019)
Founded03-12-2013
Fiscal year end31-12
Activities, NACEBEL 2025
27402Manufacture of electrical equipment
47552Retail sale of lighting equipment
Scores and ratios are computed by Checked and are not a credit decision.