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MOBITEX

Active Non-profit associationfounded 1996active for 30 yearsRue de la Vieille Fosse 1, 4400 FlémalleKBO/BCE: BE 0459.634.696 #8 company by staff growth in Belgium, Furniture sector

Lifetime

17 annual accounts with figures on one time axis
peak €878,302 (2024)
€877,008▼ 0.1%
lowest -€88,217 (2020)
€20,381▼ 83.6%
peak €303,964 (2013)
€272,827▲ 7.1%
€217,737▼ 42.7%
peak 18.5 FTE (2020)
14.7 FTE▼ 7.0%
Board17 names since 2019all names
9 directorsCUYVERS Christine and 8 others
Documentsfilings and deeds
20-08-202620 days late
2025financial year
Result from €123,938 to €20,381Registered office moved within Flémalle 23-06Admission: Maria-Teresa Fernandez-Navarro (member) 27-02Debts from €380,185 to €217,737

Key points

from the 2025 annual accounts

Result

€20,381 ▼ 83.6%
€124,0002024€20,4002025

The result fell in 2025: the 2024 profit included a one-off income of €95,180.

Staff

19 employees on 31-12-2025
492021452022101020231814202414152025

In 2025, 14 people joined and 15 left.

Filings

17 annual accounts since 2009
AprilJune31 JulyOctober2010201520202025

Eight of the last ten came late. The 2023 accounts came latest: 139 days after the end of the period.

Checked score

97
Excellent
Financially stronger than 72% of small companies in furniture (NACE 31)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.3% across 137 companies (NACE 31, small).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2%highest value 01-2025: < 0.1%▼ -0.2 percentage points vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: < 0.1%▼ -0.1 percentage points vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

71+9equity 45.8% of total assets
84+3short-term debt 35.3% · cash 43.4%
73-18return on assets 3.4%

Score breakdown

raises risk
1 change of registered office in 24 months
Last filed accounts filed 20 days late; 1 of the last 3 accounts late
lowers risk
Legal form: non-profit association
Liquidity: current ratio 2.70, cash €258,626
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 31, small). It does better than 55% of them on solvency, 97% on liquidity, 71% on profitability and 65% on growth.

The bankruptcy probability was computed on 08-11-2026 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, 14,766 companies had the same profile as MOBITEX has now. Each dot stands for 37 companies, two years later.

96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of MOBITEX itself: < 0.1% within 12 months.

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 14,766 companies, not a prediction for MOBITEX. 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

Credit of up to €25,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.7 (2.37 in 2024), above the usual 1.5. Short-term debt is 35.3% and cash 43.4% of total assets. However, 54.2% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Legal form: non-profit association
KBO
lowers risk · Liquidity: current ratio 2.70, cash €258,626
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Last filed accounts filed 20 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €272,827
raises risk · 2025 accounts filed 20 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
20 days late
2024
18 days late
2023
139 days late
2022
23 days late
2021
29 days late
2020
31 days late
2019
53 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 45 days after the deadline. In the sector (NACE 31), the median for financial year 2024 was 7 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 23 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

MP
Director, since 26-08-2021
RY
Director, since 26-08-2021
AT
Director
CC
Director
and 3 othersBoard & ownership

Recent changes

Registered office moved within Flémalle New registered office: 1 rue de la Vieille Fosse à 4400 Flémalle · Previous registered office: Grand' Route 105-109 à 4400 Flémalle · Resignation: Antony Pecoraro (member and director) · Gazette deed
Admission: Maria-Teresa Fernandez-Navarro (member) Appointment: Maria-Teresa Fernandez-Navarro (director) · Board meeting of 14-11-2024 · Gazette deed
Amendment of the articles Founder: EVRARD Nathan (founding member) · Founder: CÉLIS Antoine (founding member) · Founder: ANCION Paulette (founding member) · Gazette deed
1 director appointed, 1 resignation Appointment: Anthony Thonon · Resignation: Christine Cuyvers · Withdrawal: Christine Cuyvers (member) · Gazette deed
All 33 events

Comparable companies

same main activity, similar in size and age
Company
MOBITEX Flémalle €0.6m €0.9m 45.8% 14.7
Atelier Dries Merksplas €0.5m €0.6m 62.3% 10.7
INTERIEURSPUITERIJ M. JANSEN Kinrooi €1.0m €0.9m 85.3% 9.5
REVILAX Maaseik €1.2m €1.3m 52.5% 13.7
MEUBELEN DEVRIESE Oostkamp €1.4m €1.0m 28.9% 13.2
DIAFORM Deinze €1.4m €1.0m 49.2% 15
D.W.K. Arendonk €1.4m €1.0m 38.1% 14.1

These companies have the same main activity as MOBITEX: manufacture of dining room, living room, bedroom and bathroom furniture (NACE 31004). They are comparable in size and age: total assets between €505,000 and €1.4m, founded between 1988 and 1995.

Official details

Source: KBO
Status
Active since 06-11-1996Normal situation
Activity
Manufacture of dining room, living room, bedroom and bathroom furnitureNACE 31004and 2 others
Joint committee
329.02Socio-cultural sector · annual accounts 2024
Establishment units
2.168.849.5264400 Flémalle, since 28-02-2008
2.292.217.9854400 Flémalle, since 23-08-2019and 2 others
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

≈ €2.1mestimated
€595,565▼ 13.3%
Employeeson 31-12-2025
19▼ 5.0%
Filing
Filed on 20-08-2026
Financials

Insights on MOBITEX

MOBITEX has existed since 1996. The gross margin grew from €300,380 in 2009 to €877,008 in 2025 and staff from 7.6 to 14.7 full-time equivalents.

Solvency rose in 2025 from 37.0% to 45.8% because of the retained profit and lower debts.

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 MOBITEX

What is the company number of MOBITEX?
The company number of MOBITEX is 0459.634.696. The VAT number is the same number with BE in front: BE 0459.634.696.
Where is MOBITEX based?
The registered office is at Rue de la Vieille Fosse 1, 4400 Flémalle.Company details
What does MOBITEX do?
According to the KBO register, the main activity is manufacture of dining room, living room, bedroom and bathroom furniture (NACE 31004).
What is the legal form of MOBITEX?
MOBITEX is a non-profit association (VZW).
When was MOBITEX founded?
MOBITEX was founded on 06-11-1996.
Is MOBITEX still active?
Yes, MOBITEX is an active enterprise in the KBO register.
How many employees does MOBITEX have?
MOBITEX had an average of 14.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does MOBITEX fall under?
In its 2024 annual accounts, MOBITEX states joint committee 329.02 (Socio-cultural sector).
What is the turnover of MOBITEX?
The turnover in financial year 2025 is ≈ €2.1m. This figure is estimated from the gross margin of €877,008 and 2,275 comparable companies of the same size. It probably lies between €1.2m and €3.5m. It is a rough estimate. In financial year 2020 turnover was €211,745.
Is MOBITEX profitable?
In financial year 2025, MOBITEX made a profit of €20,381.
Where can I find the annual accounts of MOBITEX?
MOBITEX filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MOBITEX due?
MOBITEX must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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