MP Engineering
ActiveMP Engineering has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €62k and a net result of €16k. Equity is growing by ~31.5% per year across the filed fiscal years. Its solvency ranks better than 53% of 11613 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
93
/ 100
Excellent▲ +4 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency97▲+21
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 1.95 against 1.45 in 2023), and 42.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
57.4%
Return on assets
14.8%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
92 d late
2022
60 d late
2021
5 d early
2020
6 d late
2019
40 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€62k▲ 34.8%
2023 · €46k
2018: €8k
2019: €18k
2020: €25k
2021: €27k
2022: €28k
2023: €46k
2018 → 2024
Total assets
€108k▲ 2.3%
2023 · €105k
2018: €18k
2019: €47k
2020: €57k
2021: €122k
2022: €114k
2023: €105k
2018 → 2024
Net result
€16k▼ 7.4%
2023 · €17k
2018: €4k
2019: €10k
2020: €7k
2021: €2k
2022: €1k
2023: €17k
2018 → 2024
Working capital
€33k▲ 113%
2023 · €15k
2018: €2k
2019: €12k
2020: €12k
2021: €-1k
2022: €-9k
2023: €15k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€25k-€27k▲ 9.5%€28k▲ 4.8%€46k▲ 60.7%€62k▲ 34.8%
Operating result€11k-€5k▼ 52.0%€9k▲ 69.4%€25k▲ 191%€23k▼ 9.7%
Net result€7k-€2k▼ 67.1%€1k▼ 44.4%€17k▲ 1,213%€16k▼ 7.4%
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 2024; 2024 is 10% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €108k
Fixed assets
€41k▼ 27.5%
Current assets
€67k▲ 36.5%
Equity and liabilities €108k
Equity
€62k▲ 34.8%
Debt
€46k▼ 22.8%
The debt ratio falls from 56.4% to 42.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€45k▼
2023 · €47k
Cash flow
€38k▼
2023 · €39k
Solvency
57.4%▲
2023 · 43.6%
Current ratio
1.95▲
2023 · 1.45
Quick ratio
1.95▲
2023 · 1.45
Debt / equity
0.74▼
2023 · 1.30
ROE
25.8%▼
2023 · 37.6%
ROA
14.8%▼
2023 · 16.4%
Interest coverage
24.32▲
2023 · 23.95
Debt
€46k▼
2023 · €59k
Debt ≤ 1 year
€34k▲
2023 · €34k
Debt > 1 year
€8k▼
2023 · €21k
Income taxes
€6k▼
2023 · €7k
Staff costs
€227▼
2023 · €403
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€105k€108k▲
Fixed assets21/28€56k€41k▼
Tangible fixed assets22/27€56k€41k▼
Plant, machinery and equipment23€1k€532▼
Furniture and vehicles24€54k€39k▼
Other tangible fixed assets26€809€691▼
Current assets29/58€49k€67k▲
Amounts receivable within one year40/41€25k€51k▲
Trade receivables40€16k€19k▲
Other amounts receivable41€9k€32k▲
Cash at bank and in hand54/58€23k€15k▼
Deferred charges and accrued income490/1€794€921▲
Equity and liabilities
Total equity and liabilities10/49€105k€108k▲
Equity10/15€46k€62k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133-€2k
Profit (loss) carried forward14€38k€54k▲
Amounts payable17/49€59k€46k▼
Amounts payable after more than one year17€21k€8k▼
Financial debts170/4€21k€8k▼
Amounts payable within one year42/48€34k€34k▲
Current portion of amounts payable after more than one year42€12k€13k▲
Financial debts43€1k-
Credit institutions430/8€1k-
Trade debts44€5k€10k▲
Suppliers440/4€5k€10k▲
Taxes, remuneration and social security45€15k€12k▼
Taxes450/3€15k€12k▼
Accrued charges and deferred income492/3€5k€4k▼
Income statement
Code20232024
Remuneration, social security and pensions62€403€227▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€22k▲
Other operating charges640/8€2k€778▼
Gross operating margin9900€49k€46k▼
Operating profit (loss)9901€25k€23k▼
Financial income75/76B€463€707▲
Recurring financial income75€463€707▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€24k€22k▼
Income taxes67/77€7k€6k▼
Profit (loss) for the period9904€17k€16k▼
Profit (loss) for the period to be appropriated9905€17k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€38k€54k▲
Profit (loss) brought forward from the previous period14P€20k€38k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
2023
31-12
Financial
Highest result since 2018net €17k ▲1213%
Operating result €25k, net result €17k, both a record.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Weakest financial yearnet €1k ▼44.4%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
06-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 6 days late
2020
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 40 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Wemmel · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Fr. Robbrechtsstraat 2771780 WemmelGround area
7,090 m²
Building footprint
179 m²
Parcel 22005A0064/00R002, Flanders. Linked by address, not a title deed.
1 establishment unit
MP Engineering
since 20152.248.365.275
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22005A0064/00R002 | Flanders | 7,090 m² | 1 · 179 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,505 companies in sector 71121 we hold annual accounts for 6,524. 5,003 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-11-2015
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
47639Retail sale of other sporting goods
47640Retail trade
47715Retail trade
85510Sports and recreation education
90021Arts creation and performing arts activities
90391Promotion and organisation of arts and performing arts events
93192Activities of independent sportspeople
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.