MLM BUSINESS
ActiveThe computed 12-month bankruptcy probability of MLM BUSINESS is 2.5% (moderate). The 2025 annual accounts show equity of €12k and a net result of €-56k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 65% of 7321 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-32
Solvency98▼-2
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.14 against 2.95 in 2024), and 42.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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
57.3%
Return on assets
-259.6%
Age of the figures
8 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
on the day
2024
104 d late
2023
30 d late
2022
32 d early
2021
44 d late
2020
30 d late
2019
40 d late
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€12k▼ 81.9%
2024 · €69k
2019: €21k
2020: €28k
2021: €30k
2022: €57k
2023: €64k
2024: €69k
2019 → 2025
Total assets
€22k▼ 74.6%
2024 · €85k
2019: €27k
2020: €39k
2021: €34k
2022: €69k
2023: €93k
2024: €85k
2019 → 2025
Net result
€-56k
2024 · €4k
2019: €21k
2020: €7k
2021: €3k
2022: €27k
2023: €7k
2024: €4k
2019 → 2025
Working capital
€11k▼ 67.5%
2024 · €32k
2019: €21k
2020: €28k
2021: €30k
2022: €57k
2023: €34k
2024: €32k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€30k-€57k▲ 87.3%€64k▲ 12.8%€69k▲ 6.8%€12k▼ 81.9%
Operating result€4k-€34k▲ 843%€10k▼ 69.2%€10k▲ 0.1%€-57k
Net result€3k-€27k▲ 896%€7k▼ 72.6%€4k▼ 39.6%€-56k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €57k after €10k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €22k
Fixed assets
€2k▼ 94.8%
Current assets
€20k▼ 59.7%
Equity and liabilities €22k
Equity
€12k▼ 81.9%
Debt
€9k▼ 44.5%
The debt ratio rises from 19.5% to 42.7%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-56k▼
2024 · €22k
Cash flow
€-55k▼
2024 · €16k
Solvency
57.3%▼
2024 · 80.5%
Current ratio
2.14▼
2024 · 2.95
Quick ratio
2.14▼
2024 · 2.95
Debt / equity
0.75▲
2024 · 0.24
ROE
-453.0%▼
2024 · 6.4%
ROA
-259.6%▼
2024 · 5.2%
Interest coverage
-329.83▼
2024 · 13.64
Debt
€9k▼
2024 · €17k
Debt ≤ 1 year
€9k▼
2024 · €17k
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€85k€22k▼
Fixed assets21/28€36k€2k▼
Tangible fixed assets22/27€36k€2k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€33k-
Current assets29/58€49k€20k▼
Amounts receivable within one year40/41€35k€1k▼
Trade receivables40€34k€1k▼
Other amounts receivable41€2k€12▼
Cash at bank and in hand54/58€13k€19k▲
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€85k€22k▼
Equity10/15€69k€12k▼
Contributions10/11€1€1=
Reserves13€5k€5k=
Distributable reserves133€5k€5k=
Profit (loss) carried forward14€63k€7k▼
Amounts payable17/49€17k€9k▼
Amounts payable within one year42/48€17k€9k▼
Trade debts44€12k€3k▼
Suppliers440/4€12k€3k▼
Taxes, remuneration and social security45€4k€6k▲
Taxes450/3€4k€6k▲
Other amounts payable47/48€457€409▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€1k▼
Other operating charges640/8€3k€19k▲
Gross operating margin9900€25k€-37k▼
Operating profit (loss)9901€10k€-57k▼
Financial income75/76B€28€1k▲
Recurring financial income75€28€1k▲
Financial charges65/66B€2k€170▼
Recurring financial charges65€2k€170▼
Profit (loss) for the period before taxes9903€9k€-56k▼
Income taxes67/77€4k-
Profit (loss) for the period9904€4k€-56k▼
Profit (loss) for the period to be appropriated9905€4k€-56k▼
Appropriation of the result
Profit (loss) to be appropriated9906€63k€7k▼
Profit (loss) brought forward from the previous period14P€59k€63k▲
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
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-56k ▼1379%
Net result drops to €-56k, the lowest in the series.
12-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 104 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2019net €27k ▲896%
Operating result €34k, net result €27k, both a record.
13-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 44 days late
2021
31-12
Financial
Liquidity triplescurrent ratio 8.98
Current ratio from 3.56 to 8.98; short-term debt falls from €11k to €4k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 40 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Wemmel
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.
Lt. Graffplein 151780 WemmelGround area
147 m²
Building footprint
144 m²
Volume, LiDAR
1,543 m³
Parcel 22662B0387/00R004, Flanders · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22662B0387/00R004 | Flanders | 147 m² | 1 · 144 m² | 14.9 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.
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Of 29,551 companies in sector 41001 we hold annual accounts for 15,874. 9,936 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-03-2019
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
43211General electrical installation work
43910Bricklaying and masonry work
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.