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MLR

Active
Private limited companyfounded 20251 yr activeMezenstraat 3, 2340 Beerse, BelgiumKBO/BCE: BE 1020.482.065
Summary

MLR has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5,579 and a net result of €2,579. Its solvency ranks better than 18% of 2021 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes
Profitability66
Solvency28
Growth-
Track record67
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Arts creation and performing arts activities (NACE 90)
about 58% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
3.2%
Return on assets
1.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 2021 sector peers (2025).
NBB · sector comparison
Position among 2021 sector peers
Solvency
better than 18%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
3 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 27 February 2025, MLR was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€5,579
Total assets
€174,640
Net result
€2,579
Working capital
-€49,806

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €174,640
Fixed assets €143,781
Current assets €30,859
Equity and liabilities €174,640
Equity €5,579
Debt €169,061
Debt finances 96.8% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€25,023
Cash flow
€19,961
Current ratio
0.38
Quick ratio
0.31
Debt to equity
30.30
ROE
46.2%
ROA
1.5%
Interest coverage
5.48
Debt ≤ 1 year
€80,665
Debt > 1 year
€88,396
Income taxes
€500

Peer companies

Historical observation

Of the 514 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
1.6% went bankrupt
1.2% stopped otherwise
97% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 514 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 38 lines
Balance sheet Code2025
Assets
Total assets20/58€174,640
Fixed assets21/28€143,781
Tangible fixed assets22/27€143,781
Plant, machinery and equipment23€92,605
Furniture and vehicles24€51,175
Current assets29/58€30,859
Stocks and contracts in progress3€6,070
Contracts in progress37€6,070
Amounts receivable within one year40/41€16,289
Trade receivables40€8,768
Other amounts receivable41€7,521
Cash at bank and in hand54/58€8,016
Deferred charges and accrued income490/1€484
Equity and liabilities
Total equity and liabilities10/49€174,640
Equity10/15€5,579
Contributions10/11€3,000
Profit (loss) carried forward14€2,579
Amounts payable17/49€169,061
Amounts payable after more than one year17€88,396
Financial debts170/4€88,396
Amounts payable within one year42/48€80,665
Current portion of amounts payable after more than one year42€29,508
Trade debts44€14,405
Suppliers440/4€14,405
Taxes, remuneration and social security45€809
Remuneration and social security454/9€809
Other amounts payable47/48€35,943
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,383
Other operating charges640/8€245
Gross operating margin9900€25,268
Operating profit (loss)9901€7,641
Financial charges65/66B€4,562
Recurring financial charges65€4,562
Profit (loss) for the period before taxes9903€3,079
Income taxes67/77€500
Profit (loss) for the period9904€2,579
Profit (loss) for the period to be appropriated9905€2,579
Appropriation of the result
Profit (loss) to be appropriated9906€2,579

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,383
Other operating charges640/8€245
Gross operating margin9900€25,268
Operating profit (loss)9901€7,641
Financial charges65/66B€4,562
Recurring financial charges65€4,562
Profit (loss) for the period before taxes9903€3,079
Income taxes67/77€500
Profit (loss) for the period9904€2,579
Profit (loss) for the period to be appropriated9905€2,579
Line2025
Assets
Total assets20/58€174,640
Fixed assets21/28€143,781
Tangible fixed assets22/27€143,781
Plant, machinery and equipment23€92,605
Furniture and vehicles24€51,175
Current assets29/58€30,859
Stocks and contracts in progress3€6,070
Contracts in progress37€6,070
Amounts receivable within one year40/41€16,289
Trade receivables40€8,768
Other amounts receivable41€7,521
Cash at bank and in hand54/58€8,016
Deferred charges and accrued income490/1€484
Equity and liabilities
Total equity and liabilities10/49€174,640
Equity10/15€5,579
Contributions10/11€3,000
Profit (loss) carried forward14€2,579
Amounts payable17/49€169,061
Amounts payable after more than one year17€88,396
Financial debts170/4€88,396
Amounts payable within one year42/48€80,665
Current portion of amounts payable after more than one year42€29,508
Trade debts44€14,405
Suppliers440/4€14,405
Taxes, remuneration and social security45€809
Remuneration and social security454/9€809
Other amounts payable47/48€35,943
Line2025
Profit (loss) for the period9904€2,579
+ Depreciation and write-downs630€17,383
Operating cash flow (approximation)€19,961

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
03-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Beerse · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
846 m²
Building footprint
186 m²
Volume, LiDAR
804 m³
Parcel 13004E0095/00D000, Flanders · tallest building 6.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MLR
Mezenstraat 3, 2340 BeerseRental and leasing activities
since 20252.371.053.746
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13004E0095/00D000 Flanders 846 m² 1 · 186 m² 6.9 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 3,395 companies in sector 90393 we hold annual accounts for 939. 363 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
Founded27-02-2025
Fiscal year end31-12
Activities, NACEBEL 2025
90393Specialised image, lighting and sound technical services
82990Other business support services
90392Design and construction of stages and sets
90399Other support activities for arts and performing arts
E-invoicing
Reachable via Peppol
Peppol ID 0208:1020482065
Also 9925:BE1020482065
Registered 22-11-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.