Equity
-€78,815
Debts exceed assets in financial year 2025.
MLCL Solutions
Lifetime
11 annual accounts with figures on one time axispeak €51,194 (2021)
€18,618▲ €31,782
lowest -€81,891 (2024)
€8,329▲ €90,220
peak €15,768 (2022)
-€78,815▲ €8,329
€96,476▼ 20.4%
Board1 name since 2021
1 directorPUYJALINET Marc
Documentsfilings and deeds
10-07-202621 days before the deadline
2025abbreviated format
Gross margin from -€13,164 to €18,618Back to profit: €8,329Debts from €121,240 to €96,476Cash from €68 to €9,597
Key points
from the 2025 annual accountsResult
€8,329 €8,329
Back in profit in 2025, after a loss of €81,891 in 2024.
Debts
€96,476 546% of the balance sheet
Suppliers 17%Taxes and wages 16%Other 68%
Filings
11 annual accounts since 2014
Seven of the last ten came late. The 2022 accounts came latest: 122 days after the end of the period.
At the same address
16 companies
Position in the sector
-446.3%
Lower solvency than 95% of companies in electrical equipment. Sector median 38.5% · 150 companies.
Checked score
56
Fair
Financially stronger than 52% of micro companies in electrical equipment (NACE 27)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 437 companies (NACE 27, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.5%
01-2025: 2.4%▼ -0.1 percentage points vs 12-2024
02-2025: 2.4%● unchanged vs 01-2025
03-2025: 2.3%▼ -0.1 percentage points vs 02-2025
04-2025: 2.3%● unchanged vs 03-2025
05-2025: 2.3%● unchanged vs 04-2025
06-2025: 4.0%▲ +1.7 percentage points vs 05-2025highest value
07-2025: 4.0%● unchanged vs 06-2025highest value
08-2025: 3.8%▼ -0.2 percentage points vs 07-2025
09-2025: 3.5%▼ -0.3 percentage points vs 08-2025
10-2025: 3.5%● unchanged vs 09-2025
11-2025: 3.5%● unchanged vs 10-2025
12-2025: 3.5%● unchanged vs 11-2025
01-2026: 3.5%● unchanged vs 12-2025
02-2026: 3.5%● unchanged vs 01-2026
03-2026: 3.4%▼ -0.1 percentage points vs 02-2026
04-2026: 3.4%● unchanged vs 03-2026
05-2026: 3.2%▼ -0.2 percentage points vs 04-2026
06-2026: 3.2%● unchanged vs 05-2026
07-2026: 3.2%● unchanged vs 06-2026
08-2026: 0.3%▼ -2.9 percentage points vs 07-2026lowest value
09-2026: 0.3%● unchanged vs 08-2026lowest value
10-2026: 0.3%● unchanged vs 09-2026lowest value
11-2026: 0.3%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€78,815
lowers risk
Size: total assets €17,661
Founded in 2013
Liquidity: current ratio 0.18, cash €9,597
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 27, micro). It does better than 5% of them on solvency, 47% on liquidity, 95% on profitability and 62% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 3,632 companies had the same profile as MLCL Solutions has now. Each dot stands for 10 companies, two years later.
91.9%
were still trading
4.8%
stopped another way
2.9%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of MLCL Solutions itself is lower: 0.3% within 12 months. It rests on far more data about MLCL Solutions than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,632 companies, not a prediction for MLCL Solutions. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.18 (0.29 in 2024), below 1. Short-term debt is 546.3% and cash 54.3% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 150 sector peers (2025).
NBB · sector comparisonPosition among 150 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 days early
2024
77 days early
2023
71 days early
2022
122 days late
2021
30 days late
2020
23 days late
2019
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 5 days after the deadline. In the sector (NACE 27), the median for financial year 2024 was 6 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 10 July (4 of the last 5 accounts filed within 56 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Company renamed from MLC Lighting to MLCL Solutions
Registered office moved from Woluwé St Pierre to Uccle · New registered office: Avenue Winston Churchill 161, 1180 Uccle · Previous registered office: rue des Ajoncs nº14, 1150 Woluwé St Pierre · General meeting of 30-10-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0542648880
Registered office moved from Ixelle to Woluwé St Pierre
New registered office: rue des Ajoncs nº14, 1150 Woluwé St Pierre · Previous registered office: rue Fernand Neuray 40, 1050 Ixelle · General meeting of 28-06-2019 · Gazette deed
Incorporation
published on 13-12-2013 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MLCL Solutions Uccle | €17,661 | €18,618 | -446.3% | - |
| Heatz Innovations Kortrijk | €25,358 | €89,494 | -795.3% | 0 |
| E & S Projects Zwalm | €54,110 | €4,324 | 60.1% | - |
| barGOlux Beerse | €69,299 | €5,924 | 67.3% | - |
| Log0032 La Louvière | €42,544 | €66,162 | 40.7% | - |
| INGENITEC Kortrijk | €76,036 | €15,802 | 41.7% | - |
| ONA SIGNS Leuven | €40,338 | €3,715 | 23.0% | - |
These companies have the same main activity as MLCL Solutions: manufacture of electrical equipment (NACE 27402). They are comparable in size and age: total assets between €25,400 and €76,000, founded between 2004 and 2019.
Official details
Source: KBO- Status
- Active since 03-12-2013Normal situation
- Registered office
- 18 active companies are registered at this address3 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Manufacture of electrical equipmentNACE 27402and 1 other
- Establishment unit
- 2.227.417.9281060 Sint-Gillis (bij-Brussel), since 03-12-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 05-01-2026
Annual accounts 2025
- ≈ €130,000estimated
- €17,661▼ 48.2%
- Filing
- Filed on 10-07-2026, 21 days before the end of the filing period
Insights on MLCL Solutions
MLCL Solutions files the abbreviated format. That format states no turnover. The gross margin rose from €6,553 in 2014 to €18,618 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MLCL Solutions
- What is the company number of MLCL Solutions?
- The company number of MLCL Solutions is 0542.648.880. The VAT number is the same number with BE in front: BE 0542.648.880.
- Where is MLCL Solutions based?
- The registered office is at Winston Churchilllaan 161, 1180 Uccle.Company details
- What does MLCL Solutions do?
- According to the KBO register, the main activity is manufacture of electrical equipment (NACE 27402).
- What is the legal form of MLCL Solutions?
- MLCL Solutions is a private limited company (BV).
- When was MLCL Solutions founded?
- MLCL Solutions was founded on 03-12-2013.
- Is MLCL Solutions still active?
- Yes, MLCL Solutions is an active enterprise in the KBO register.
- What is the turnover of MLCL Solutions?
- The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €18,618 and 2,728 comparable companies of the same size. It probably lies between €53,000 and €320,000. It is a rough estimate.Financials
- Is MLCL Solutions profitable?
- In financial year 2025, MLCL Solutions made a profit of €8,329.
- Where can I find the annual accounts of MLCL Solutions?
- MLCL Solutions filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MLCL Solutions due?
- MLCL Solutions must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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