MLM Promotions
The computed 12-month bankruptcy probability of MLM Promotions is 1.5% (low). The 2024 annual accounts show equity of €183k and a net result of €82k. Equity is growing by ~81.1% per year across the filed fiscal years. Its solvency ranks better than 76% of 963 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €183k |
| Net result | €82k |
| Staff (FTE) | 0.8 |
| Better than sector | 76% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 57.5% | 27.4% | |
| Net result | €82k | €24k | |
| Equity | €183k | €172k | |
| Gross operating margin | €134k | €174k | |
| Staff costs | €7k | €166k |
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €126k |
| Net profit | €82k |
| Cash flow | €84k |
| Staff costs | €7k |
| Income taxes | €36k |
| Dividends | - |
| Total assets | €318k |
| Equity | €183k |
| Debt | €135k |
| of which ≤ 1y | €135k |
| of which > 1y | - |
| Working capital | €-68k |
| Employees (FTE) | 0.8 |
| 2024 | |
|---|---|
| Current ratio | 0.50 |
| Quick ratio | 0.50 |
| Working capital ratio | -21.3% |
| Solvency | 57.5% |
| Debt / equity | 0.74 |
| Long-term debt ratio | - |
| Interest coverage | 19.70 |
| Gross margin | - |
| Net margin | - |
| ROA | 25.8% |
| ROE | 44.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €318k |
| Fixed assets | 21/28 | €251k |
| Tangible fixed assets | 22/27 | €7k |
| Financial fixed assets | 28 | €244k |
| Current assets | 29/58 | €67k |
| Amounts receivable within one year | 40/41 | €388 |
| Cash & bank | 54/58 | €55k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €318k |
| Equity | 10/15 | €183k |
| Contributions / capital | 10/11 | €2k |
| Reserves | 13 | €176k |
| Accumulated profits (losses) | 14 | €5k |
| Amounts payable | 17/49 | €135k |
| Amounts payable within one year | 42/48 | €135k |
| Trade debts payable within one year | 44 | €1k |
| Income statement | ||
| Gross operating margin | 9900 | €134k |
| Operating result | 9901 | €124k |
| Financial income | 75 | €165 |
| Financial charges | 65 | €6k |
| Result before taxes | 9903 | €118k |
| Income taxes | 67/77 | €36k |
| Net result for the period | 9904 | €82k |
| Result to be appropriated | 9905 | €82k |
-
Current01-01-2026 → present
-
Current30-12-2022 → present
2 events
- 30-12-2022 Appointed· Director
- 30-12-2022 Resigned· Manager
-
Current30-12-2022 → present
| NACE primary | Handelsbemiddeling in de groothandel in andere specifieke goederen(46180) |
| Legal form | Private limited company(610) |
| Incorporation | 13-01-2021 |
| Status | Active |
| Postal code | 8000 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31014B0382/00G000 | Flanders | 658 m² | 1 · 145 m² | 8.3 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
15-01-2026 OOSTERLYNCK Maureen appointed as director
- OOSTERLYNCK Maureen, Bestuurder
Technical details
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"role": "bestuurder",
"person": {
"rrn": null,
"name": "OOSTERLYNCK Maureen",
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},
"effective_date": "2026-01-01",
"evidence_quote": "De algemene vergadering beslist te benoemen als bestuurder: - OOSTERLYNCK Maureen (NN. 74.05.06-084.64)"
}
],
"schema": "v3.2",
"act_meta": {
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},
"subject_company": {
"kbo": "0761.537.694",
"name_full": "MLM PROMOTIONS",
"legal_form": "BV"
}
}30-12-2022 2 directors appointed, 1 resigning
- LANTSOGHT Kurt Emiel Andrea, Bestuurder
- OOSTERLYNCK Maureen Ann Walter, Bestuurder
- LANTSOGHT Kurt Emiel Andrea, Zaakvoerder
Technical details
{
"events": [
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"evidence_quote": "7. Benoeming van de bestuurder(s) van de besloten vennootschap."
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"evidence_quote": "6. Ontslag van de zaakvoerder van de maatschap met rechtspersoonlijkheid onder de vorm van een commanditaire vennootschap."
}
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"subject_company": {
"kbo": "0761.537.694",
"name_full": "MLM PROMOTIONS",
"legal_form": "CommV"
}
}15-01-2021 Incorporation of a new CV
Technical details
{
"kind": "oprichting",
"seat": "Suzanne de Gieystraat 23, 8000 Brugge",
"schema": "v3.2",
"act_meta": {
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"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1972-08-11",
"name": "Dhr. Lantsoght Kurt",
"niss": null,
"address": "Suzanne de Gieysstraat 23, 8000 Brugge"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 2000,
"holder_person_name": "Dhr. Lantsoght Kurt",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 2000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 2000,
"subject_company": {
"kbo": "0761.537.694",
"name_full": "MLM Promotions",
"legal_form": "CV"
},
"initial_directors": [],
"incorporation_date": "2020-12-23",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | MLM Promotions |