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MP DEVELOPMENT

Inactive
Private limited companyfounded 2023Les Basses(Haversin) 32, 5590 Ciney, BelgiumKBO/BCE: BE 0805.195.218

Inactive since 19-05-2026; last annual accounts for fiscal year 2025.

Signals

1 signal. The signal on the left, the evidence on the right.
○neutral
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 26-03-2026, 127 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
127 d early
2024
28 d early
2023
20 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 58 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

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

MP DEVELOPMENT was incorporated on 28 August 2023 as a Private limited company.1 The company has filed 3 sets of annual accounts, the latest for fiscal year 2025.2

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

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Equity
-€12,373▼ 25.4%
2023 · -€9,865
Total assets
€48,683▼ 31.6%
2023 · €71,188
Net result
-€2,508▲ 83.1%
2023 · -€14,865
Working capital
-€55,133▼ 7.5%
2023 · -€51,286
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result-€14,843--€2,456▲ 83.5%
Net result-€14,865below the sector's middle half--€2,508within the sector's middle half▲ 83.1%
Equity-€9,865below the sector's middle half--€12,373below the sector's middle half▼ 25.4%
Total assets€71,188below the sector's middle half-€48,683below the sector's middle half▼ 31.6%
Debt€81,054-€61,056▼ 24.7%
Working capital-€51,286within the sector's middle half--€55,133within the sector's middle half▼ 7.5%
Solvency-13.9%below the sector's middle half--25.4%below the sector's middle half▼ 11.6pp
Current ratio0.37below the sector's middle half-0.10below the sector's middle half▼ 0.27
Return on assets (ROA)-20.9%below the sector's middle half--5.2%below the sector's middle half▲ 15.7pp
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0Operating result 2023: -€14,843-€14,843Net result 2023: -€14,865-€14,865Operating result 2024: -€2,456-€2,456Net result 2024: -€2,508-€2,50820232024-€15,000-€10,000-€5,000€0Operating result 2023: -€14,843-€14,800Net result 2023: -€14,865-€14,900Operating result 2024: -€2,456-€2,460Net result 2024: -€2,508-€2,51020232024
The operating result stays negative: a loss of €2,456 in 2024 against €14,843 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €47,568
Fixed assets €41,645 ▲ 4.1%
Current assets €5,923 ▼ 80.1%
Key figures and ratios
2024 value · change against 2023
EBITDA
-€2,101▲
2023 · -€14,734
Cash flow
-€2,152▲
2023 · -€14,756
Debt to equity
-4.93▲
2023 · -8.22
Interest coverage
-40.79▲
2023 · -654.84
Debt ≤ 1 year
€61,056▼
2023 · €81,054
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 28 lines
Balance sheet Code20232024
Assets
Total assets20/58€71,188€48,683▼
Formation expenses20€1,421€1,115▼
Fixed assets21/28€40,000€41,645▲
Tangible fixed assets22/27€40,000€41,645▲
Land and buildings22€40,000€40,000=
Furniture and vehicles24-€1,645
Current assets29/58€29,767€5,923▼
Cash at bank and in hand54/58€29,767€5,923▼
Equity and liabilities
Total equity and liabilities10/49€71,188€48,683▼
Equity10/15-€9,865-€12,373▼
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€14,865-€17,373▼
Amounts payable17/49€81,054€61,056▼
Amounts payable within one year42/48€81,054€61,056▼
Trade debts44€4,054€502▼
Suppliers440/4€4,054€502▼
Other amounts payable47/48€77,000€60,554▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€109€356▲
Other operating charges640/8-€787
Gross operating margin9900-€14,734-€1,314▲
Operating profit (loss)9901-€14,843-€2,456▲
Financial charges65/66B€23€52▲
Recurring financial charges65€23€52▲
Profit (loss) for the period before taxes9903-€14,865-€2,508▲
Profit (loss) for the period9904-€14,865-€2,508▲
Profit (loss) for the period to be appropriated9905-€14,865-€2,508▲
Appropriation of the result
Profit (loss) to be appropriated9906-€14,865-€17,373▼
Profit (loss) brought forward from the previous period14P--€14,865

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€109€356▲ 226%
Other operating charges640/8-€787-
Gross operating margin9900-€14,734-€1,314▲ 91.1%
Operating profit (loss)9901-€14,843-€2,456▲ 83.5%
Financial charges65/66B€23€52▲ 129%
Recurring financial charges65€23€52▲ 129%
Profit (loss) for the period before taxes9903-€14,865-€2,508▲ 83.1%
Profit (loss) for the period9904-€14,865-€2,508▲ 83.1%
Profit (loss) for the period to be appropriated9905-€14,865-€2,508▲ 83.1%
Line20232024Change
Assets
Total assets20/58€71,188€48,683▼ 31.6%
Formation expenses20€1,421€1,115▼ 21.5%
Fixed assets21/28€40,000€41,645▲ 4.1%
Tangible fixed assets22/27€40,000€41,645▲ 4.1%
Land and buildings22€40,000€40,000=
Furniture and vehicles24-€1,645-
Current assets29/58€29,767€5,923▼ 80.1%
Cash at bank and in hand54/58€29,767€5,923▼ 80.1%
Equity and liabilities
Total equity and liabilities10/49€71,188€48,683▼ 31.6%
Equity10/15-€9,865-€12,373▼ 25.4%
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€14,865-€17,373▼ 16.9%
Amounts payable17/49€81,054€61,056▼ 24.7%
Amounts payable within one year42/48€81,054€61,056▼ 24.7%
Trade debts44€4,054€502▼ 87.6%
Suppliers440/4€4,054€502▼ 87.6%
Other amounts payable47/48€77,000€60,554▼ 21.4%
Line20232024Change
Profit (loss) for the period9904-€14,865-€2,508▲ 83.1%
+ Depreciation and write-downs630€109€356▲ 226%
Operating cash flow (approximation)-€14,756-€2,152▲ 85.4%
Investment in fixed assets (approximation)--€2,000-
Change in cash--€23,844-

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
26-03
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
03-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
11-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 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, Ciney
exact location from the address register On OpenStreetMap
Ground area
3,313 m²
Building footprint
285 m²
Parcel 91118E0010/00L000, Wallonia. Linked by address, not a title deed.
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
91118E0010/00L000 Wallonia 3,313 m² 1 · 285 m² -
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 and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,145 companies in sector 68201 we hold annual accounts for 6,776. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded28-08-2023
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 29 September 2026 · Peppol Directory

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