MP ELECTRO
ActiveSummary
MP ELECTRO has been active since 1972 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €119k and a net result of €38k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 45% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability86▼-10
Solvency68▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 1.68 against 1.57 in 2024; short-term debt: 41% and cash: 49.7% of total assets), but 57.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
42.7%
Return on assets
13.8%
Age of the figures
9 mo
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 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €119k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
8 d early
2022
1 d late
2021
59 d early
2020
30 d late
2019
61 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€119k▲ 29.8%
2024 · €91k
2018: €2k
2019: €-5k▼ -407% vs 2018
2020: €-6k▼ -4.0% vs 2019
2021: €-8k▼ -45.8% vs 2020lowest in 8 years
2022: €23k▲ +376% vs 2021
2023: €52k▲ +129% vs 2022
2024: €91k▲ +74.1% vs 2023
2025: €119k▲ +29.8% vs 2024highest in 8 years
2018 → 2025
Total assets
€278k▲ 20.5%
2024 · €230k
2018: €28k
2019: €21k▼ -24.9% vs 2018
2020: €18k▼ -14.8% vs 2019
2021: €2k▼ -91.6% vs 2020lowest in 8 years
2022: €57k▲ +3654% vs 2021
2023: €124k▲ +117% vs 2022
2024: €230k▲ +85.5% vs 2023
2025: €278k▲ +20.5% vs 2024highest in 8 years
2018 → 2025
Net result
€38k▼ 24.8%
2024 · €51k
2018: €-5k
2019: €-7k▼ -41.0% vs 2018lowest in 8 years
2020: €-219▲ +97.0% vs 2019
2021: €-3k▼ -1090% vs 2020
2022: €31k▲ +1298% vs 2021
2023: €30k▼ -5.3% vs 2022
2024: €51k▲ +72.1% vs 2023highest in 8 years
2025: €38k▼ -24.8% vs 2024
2018 → 2025
Working capital
€77k▲ 58.0%
2024 · €49k
2018: €-5
2019: €-7k▼ -140620% vs 2018
2020: €-7k● -0.0% vs 2019
2021: €-9k▼ -21.0% vs 2020lowest in 8 years
2022: €23k▲ +369% vs 2021
2023: €45k▲ +96.2% vs 2022
2024: €49k▲ +8.6% vs 2023
2025: €77k▲ +58.0% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-8k-€23k€52k▲ 129%€91k▲ 74.1%€119k▲ 29.8%
2021: €-8klowest in 5 years
2022: €23k▲ +376% vs 2021
2023: €52k▲ +129% vs 2022
2024: €91k▲ +74.1% vs 2023
2025: €119k▲ +29.8% vs 2024highest in 5 years
Operating result€-2k-€31k€34k▲ 8.9%€73k▲ 115%€54k▼ 26.8%
2021: €-2klowest in 5 years
2022: €31k▲ +1642% vs 2021
2023: €34k▲ +8.9% vs 2022
2024: €73k▲ +115% vs 2023highest in 5 years
2025: €54k▼ -26.8% vs 2024
Net result€-3k-€31k€30k▼ 5.3%€51k▲ 72.1%€38k▼ 24.8%
2021: €-3klowest in 5 years
2022: €31k▲ +1298% vs 2021
2023: €30k▼ -5.3% vs 2022
2024: €51k▲ +72.1% vs 2023highest in 5 years
2025: €38k▼ -24.8% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 27% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €278k
Fixed assets
€87k ▼ 9.6%
Current assets
€191k ▲ 42.0%
Equity and liabilities €278k
Equity
€119k ▲ 29.8%
Debt
€159k ▲ 14.4%
Debt's share of the balance-sheet total falls from 60.4% to 57.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€63k▼
2024 · €79k
Cash flow
€47k▼
2024 · €56k
Current ratio
1.68▲
2024 · 1.57
Quick ratio
1.32▲
2024 · 1.21
Debt to equity
1.34▼
2024 · 1.52
ROE
32.2%▼
2024 · 55.7%
ROA
13.8%▼
2024 · 22.1%
Interest coverage
11.59▼
2024 · 20.31
Debt ≤ 1 year
€114k▲
2024 · €86k
Debt > 1 year
€45k▼
2024 · €53k
Income taxes
€10k▼
2024 · €15k
Staff costs
€86k▲
2024 · €44k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€230k€278k▲
Fixed assets21/28€96k€87k▼
Tangible fixed assets22/27€86k€77k▼
Land and buildings22€73k€70k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€10k€5k▼
Financial fixed assets28€10k€10k=
Current assets29/58€135k€191k▲
Stocks and contracts in progress3€31k€40k▲
Stocks30/36€31k€40k▲
Amounts receivable within one year40/41€3k€13k▲
Trade receivables40€3k€13k▲
Cash at bank and in hand54/58€101k€138k▲
Equity and liabilities
Total equity and liabilities10/49€230k€278k▲
Equity10/15€91k€119k▲
Contributions10/11€30k€30k=
Reserves13€61k€89k▲
Distributable reserves133€61k€89k▲
Amounts payable17/49€139k€159k▲
Amounts payable after more than one year17€53k€45k▼
Financial debts170/4€53k€45k▼
Amounts payable within one year42/48€86k€114k▲
Current portion of amounts payable after more than one year42€8k€8k▲
Trade debts44€3k€16k▲
Suppliers440/4€3k€16k▲
Taxes, remuneration and social security45€28k€31k▲
Taxes450/3€22k€22k▲
Remuneration and social security454/9€6k€9k▲
Other amounts payable47/48€47k€58k▲
Income statement
Code20242025
Remuneration, social security and pensions62€44k€86k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€9k▲
Other operating charges640/8€633€753▲
Gross operating margin9900€124k€150k▲
Operating profit (loss)9901€73k€54k▼
Financial income75/76B€37€262▲
Recurring financial income75€37€262▲
Financial charges65/66B€8k€5k▼
Recurring financial charges65€4k€5k▲
Non-recurring financial charges66B€4k-
Profit (loss) for the period before taxes9903€66k€49k▼
Income taxes67/77€15k€10k▼
Profit (loss) for the period9904€51k€38k▼
Profit (loss) for the period to be appropriated9905€51k€38k▼
Appropriation of the result
Profit (loss) to be appropriated9906€51k€38k▼
Transfer to equity691/2€39k€27k▼
To other reserves6921€39k€27k▼
Profit to be distributed694/7€12k€11k▼
Directors or managers695€12k€11k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €31k | €44k | €86k | ▲ 94.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €219 | - | - | €5k | €9k | ▲ 70.8% |
| Other operating charges640/8 | - | - | €338 | €633 | €753 | ▲ 19.0% |
| Gross operating margin9900 | €-2k | €31k | €65k | €124k | €150k | ▲ 21.3% |
| Operating profit (loss)9901 | €-2k | €31k | €34k | €73k | €54k | ▼ 26.8% |
| Financial income75/76B | - | €667 | €951 | €37 | €262 | ▲ 608% |
| Recurring financial income75 | - | €667 | €951 | €37 | €262 | ▲ 608% |
| Financial charges65/66B | €570 | €841 | €2k | €8k | €5k | ▼ 28.4% |
| Recurring financial charges65 | €114 | €841 | €2k | €4k | €5k | ▲ 40.0% |
| Non-recurring financial charges66B | €456 | - | - | €4k | - | - |
| Profit (loss) for the period before taxes9903 | €-3k | €31k | €33k | €66k | €49k | ▼ 26.2% |
| Income taxes67/77 | - | - | €3k | €15k | €10k | ▼ 31.0% |
| Profit (loss) for the period9904 | €-3k | €31k | €30k | €51k | €38k | ▼ 24.8% |
| Profit (loss) for the period to be appropriated9905 | €-3k | €31k | €30k | €51k | €38k | ▼ 24.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2k | €57k | €124k | €230k | €278k | ▲ 20.5% |
| Fixed assets21/28 | €219 | - | €8k | €96k | €87k | ▼ 9.6% |
| Tangible fixed assets22/27 | €219 | - | - | €86k | €77k | ▼ 10.7% |
| Land and buildings22 | - | - | - | €73k | €70k | ▼ 5.0% |
| Plant, machinery and equipment23 | - | - | - | €2k | €2k | ▼ 21.1% |
| Furniture and vehicles24 | €219 | - | - | €10k | €5k | ▼ 49.1% |
| Financial fixed assets28 | - | - | €8k | €10k | €10k | = |
| Current assets29/58 | €1k | €57k | €117k | €135k | €191k | ▲ 42.0% |
| Stocks and contracts in progress3 | - | €19k | €28k | €31k | €40k | ▲ 31.8% |
| Stocks30/36 | - | €19k | €28k | €31k | €40k | ▲ 31.8% |
| Amounts receivable within one year40/41 | €972 | €8k | €22k | €3k | €13k | ▲ 403% |
| Trade receivables40 | €972 | €8k | €21k | €3k | €13k | ▲ 403% |
| Other amounts receivable41 | - | - | €647 | - | - | - |
| Cash at bank and in hand54/58 | €336 | €31k | €66k | €101k | €138k | ▲ 36.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2k | €57k | €124k | €230k | €278k | ▲ 20.5% |
| Equity10/15 | €-8k | €23k | €52k | €91k | €119k | ▲ 29.8% |
| Contributions10/11 | €30k | €30k | €30k | €30k | €30k | = |
| Outside capital11 | €30k | - | - | - | - | - |
| Other1109/19 | €30k | - | - | - | - | - |
| Reserves13 | - | - | €22k | €61k | €89k | ▲ 44.4% |
| Distributable reserves133 | - | - | €22k | €61k | €89k | ▲ 44.4% |
| Profit (loss) carried forward14 | €-38k | €-7k | - | - | - | - |
| Amounts payable17/49 | €10k | €34k | €72k | €139k | €159k | ▲ 14.4% |
| Amounts payable after more than one year17 | - | - | - | €53k | €45k | ▼ 15.1% |
| Financial debts170/4 | - | - | - | €53k | €45k | ▼ 15.1% |
| Amounts payable within one year42/48 | €10k | €34k | €72k | €86k | €114k | ▲ 32.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €8k | €8k | ▲ 7.4% |
| Trade debts44 | - | €10k | €22k | €3k | €16k | ▲ 416% |
| Suppliers440/4 | - | €10k | €22k | €3k | €16k | ▲ 416% |
| Taxes, remuneration and social security45 | - | €3k | €15k | €28k | €31k | ▲ 9.2% |
| Taxes450/3 | - | €2k | €11k | €22k | €22k | ▲ 0.2% |
| Remuneration and social security454/9 | - | €900 | €4k | €6k | €9k | ▲ 41.4% |
| Other amounts payable47/48 | €10k | €22k | €35k | €47k | €58k | ▲ 25.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-3k | €31k | €30k | €51k | €38k | ▼ 24.8% |
| + Depreciation and write-downs630 | €219 | - | - | €5k | €9k | ▲ 70.8% |
| Operating cash flow (approximation) | €-2k | €31k | €30k | €56k | €47k | ▼ 15.7% |
| Investment in fixed assets (approximation) | - | - | - | €-94k | €0 | ▲ 100% |
| Change in cash | - | €30k | €36k | €35k | €37k | ▲ 4.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Equity above €100kEq €119k ▲29.8%
4 profitable years in a row build equity to €119k.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2018net €51k ▲72.1%
Operating result €73k, net result €51k, both a record.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
31-12
Financial
Back to profitnet €31k
Net result €31k after 4 loss-making years.
31-12
Financial
Liquidity times 13current ratio 1.67
Current ratio from 0.13 to 1.67.
02-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
Show earlier events
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 19 days late
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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.
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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, Gembloux · 1 establishment unit since 1972
Ground area
1,572 m²
Building footprint
1,102 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
Chaussée de Tirlemont 20B, 5030 Gembloux
since 19722.007.634.437
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92026C0395/00A000 | Wallonia | 900 m² | 1 · 86 m² | - |
| 92053A0243/00X002 | Wallonia | 672 m² | 1 · 1,016 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,124 companies in sector 43212 we hold annual accounts for 420. 350 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
Founded01-07-1972
Fiscal year end31-12
Activities, NACEBEL 2025
43212Electrical installation work in industrial facilities
47540Retail sale of electrical household appliances
33140Repair and maintenance of electrical equipment
33200Installation of industrial machinery and equipment
42220Construction of utility projects for electricity and telecommunications
43211General electrical installation work
46431Wholesale of electrical household appliances and audio-video equipment
Contact
E-mail
meunier@base.beGembloux
Phone
071/90.32.78Gembloux
Fax
071/851.800Gembloux
Scores and ratios are computed by Checked and are not a credit decision.