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MP-EXPERTISES

Active
Private limited companyfounded 20224 yrs activeRue des Bruyères 19, 5140 Sombreffe, BelgiumKBO/BCE: BE 0780.396.573
Summary

MP-EXPERTISES has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €127,484 and a net result of €39,139. Equity is growing by ~64.8% per year across the filed fiscal years. Its solvency ranks better than 69% of 11620 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability96▼-4
Solvency97▼-3
Growth78=
Track record94
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity ample (current ratio 5.04 against 4.24 in 2023; short-term debt: 15.2% and cash: 69.1% of total assets), and 28% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
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
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
42 d early
2023
44 d early
2022
47 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 44 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% 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

On 13 January 2022, MP-EXPERTISES was incorporated as a Private limited company.1 Total assets went from EUR 36,447 in 2022 to EUR 176,972 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€127,484▲ 43.0%
2023 · €89,178
Total assets
€176,972▲ 55.3%
2023 · €113,990
Net result
€39,139▼ 49.8%
2023 · €78,010
Working capital
€108,663▲ 35.1%
2023 · €80,432
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, 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
Line202220232024
Operating result€13,664-€99,465▲ 628%€52,951▼ 46.8%
Net result€9,468within the sector's middle half-€78,010above the sector's middle half▲ 724%€39,139within the sector's middle half▼ 49.8%
Equity€11,968below the sector's middle half-€89,178within the sector's middle half▲ 645%€127,484within the sector's middle half▲ 43.0%
Total assets€36,447below the sector's middle half-€113,990within the sector's middle half▲ 213%€176,972within the sector's middle half▲ 55.3%
Debt€24,479-€24,812▲ 1.4%€49,489▲ 99.5%
Working capital€8,380within the sector's middle half-€80,432within the sector's middle half▲ 860%€108,663within the sector's middle half▲ 35.1%
Solvency32.8%within the sector's middle half-78.2%above the sector's middle half▲ 45.4pp72.0%within the sector's middle half▼ 6.2pp
Current ratio1.34within the sector's middle half-4.24above the sector's middle half▲ 2.905.04above the sector's middle half▲ 0.80
Return on assets (ROA)26.0%above the sector's middle half-68.4%above the sector's middle half▲ 42.5pp22.1%within the sector's middle half▼ 46.3pp
above within below the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, 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
€0€25,000€50,000€75,000€100,000Operating result 2022: €13,664€13,664Net result 2022: €9,468€9,468Operating result 2023: €99,465€99,465Net result 2023: €78,010€78,010Operating result 2024: €52,951€52,951Net result 2024: €39,139€39,139202220232024€0€25,000€50,000€75,000€100,000Operating result 2022: €13,664€13,700Net result 2022: €9,468€9,470Operating result 2023: €99,465€99,500Net result 2023: €78,010€78,000Operating result 2024: €52,951€53,000Net result 2024: €39,139€39,100202220232024
The operating result falls in 2024; 2024 is 47% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €176,972
Fixed assets €41,424 ▲ 374%
Current assets €135,549 ▲ 28.8%
Equity and liabilities €176,972
Equity €127,484 ▲ 43.0%
Debt €49,489 ▲ 99.5%
Debt's share of the balance-sheet total rises from 21.8% to 28.0%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€62,232▼
2023 · €101,502
Cash flow
€48,420▼
2023 · €80,047
Debt to equity
0.39▲
2023 · 0.28
ROE
30.7%▼
2023 · 87.5%
Interest coverage
35.03▼
2023 · 5141.96
Debt ≤ 1 year
€26,886▲
2023 · €24,812
Debt > 1 year
€22,603
Income taxes
€12,972▼
2023 · €21,435
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,662 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% 1.7%
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 75% 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 39,276 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 · 2024 against 2023 · 42 lines
Balance sheet Code20232024
Assets
Total assets20/58€113,990€176,972▲
Fixed assets21/28€8,746€41,424▲
Tangible fixed assets22/27€8,746€41,424▲
Plant, machinery and equipment23€3,877€3,030▼
Furniture and vehicles24€4,869€38,394▲
Current assets29/58€105,244€135,549▲
Amounts receivable within one year40/41€5,265€10,387▲
Trade receivables40€1,700-
Other amounts receivable41€3,565€10,387▲
Cash at bank and in hand54/58€99,979€122,212▲
Deferred charges and accrued income490/1-€2,950
Equity and liabilities
Total equity and liabilities10/49€113,990€176,972▲
Equity10/15€89,178€127,484▲
Contributions10/11€2,500€2,500=
Profit (loss) carried forward14€86,678€124,984▲
Amounts payable17/49€24,812€49,489▲
Amounts payable after more than one year17-€22,603
Financial debts170/4-€22,603
Amounts payable within one year42/48€24,812€26,886▲
Current portion of amounts payable after more than one year42-€6,371
Trade debts44€5,805€1,300▼
Suppliers440/4€5,805€1,300▼
Taxes, remuneration and social security45€11,273€10,233▼
Remuneration and social security454/9€11,273€10,233▼
Other amounts payable47/48€7,734€8,981▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,038€9,281▲
Other operating charges640/8€1,262€1,692▲
Non-recurring operating charges66A€63€126▲
Gross operating margin9900€102,827€64,050▼
Operating profit (loss)9901€99,465€52,951▼
Financial income75/76B€0€937▲
Recurring financial income75€0€937▲
Financial charges65/66B€20€1,777▲
Recurring financial charges65€20€1,777▲
Profit (loss) for the period before taxes9903€99,445€52,111▼
Income taxes67/77€21,435€12,972▼
Profit (loss) for the period9904€78,010€39,139▼
Profit (loss) for the period to be appropriated9905€78,010€39,139▼
Appropriation of the result
Profit (loss) to be appropriated9906€87,478€125,817▲
Profit (loss) brought forward from the previous period14P€9,468€86,678▲
Profit to be distributed694/7€800€833▲
Return on contributions (dividend)694€800€833▲

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

Line202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,217€2,038€9,281▲ 355%
Other operating charges640/8€1,202€1,262€1,692▲ 34.1%
Non-recurring operating charges66A-€63€126▲ 100%
Gross operating margin9900€16,083€102,827€64,050▼ 37.7%
Operating profit (loss)9901€13,664€99,465€52,951▼ 46.8%
Financial income75/76B€0€0€937▲ 4,685,800%
Recurring financial income75€0€0€937▲ 4,685,800%
Financial charges65/66B€0€20€1,777▲ 8,900%
Recurring financial charges65€0€20€1,777▲ 8,900%
Profit (loss) for the period before taxes9903€13,664€99,445€52,111▼ 47.6%
Income taxes67/77€4,196€21,435€12,972▼ 39.5%
Profit (loss) for the period9904€9,468€78,010€39,139▼ 49.8%
Profit (loss) for the period to be appropriated9905€9,468€78,010€39,139▼ 49.8%
Line202220232024Change
Assets
Total assets20/58€36,447€113,990€176,972▲ 55.3%
Fixed assets21/28€3,588€8,746€41,424▲ 374%
Tangible fixed assets22/27€3,588€8,746€41,424▲ 374%
Plant, machinery and equipment23-€3,877€3,030▼ 21.8%
Furniture and vehicles24€3,588€4,869€38,394▲ 688%
Current assets29/58€32,859€105,244€135,549▲ 28.8%
Amounts receivable within one year40/41€7,804€5,265€10,387▲ 97.3%
Trade receivables40-€1,700--
Other amounts receivable41€7,804€3,565€10,387▲ 191%
Cash at bank and in hand54/58€25,055€99,979€122,212▲ 22.2%
Deferred charges and accrued income490/1--€2,950-
Equity and liabilities
Total equity and liabilities10/49€36,447€113,990€176,972▲ 55.3%
Equity10/15€11,968€89,178€127,484▲ 43.0%
Contributions10/11€2,500€2,500€2,500=
Profit (loss) carried forward14€9,468€86,678€124,984▲ 44.2%
Amounts payable17/49€24,479€24,812€49,489▲ 99.5%
Amounts payable after more than one year17--€22,603-
Financial debts170/4--€22,603-
Amounts payable within one year42/48€24,479€24,812€26,886▲ 8.4%
Current portion of amounts payable after more than one year42--€6,371-
Trade debts44€1,322€5,805€1,300▼ 77.6%
Suppliers440/4€1,322€5,805€1,300▼ 77.6%
Taxes, remuneration and social security45€3,626€11,273€10,233▼ 9.2%
Remuneration and social security454/9€3,626€11,273€10,233▼ 9.2%
Other amounts payable47/48€19,531€7,734€8,981▲ 16.1%
Line202220232024Change
Profit (loss) for the period9904€9,468€78,010€39,139▼ 49.8%
+ Depreciation and write-downs630€1,217€2,038€9,281▲ 355%
Operating cash flow (approximation)€10,685€80,047€48,420▼ 39.5%
Investment in fixed assets (approximation)--€7,196-€41,959▼ 483%
Change in cash-€74,924€22,233▼ 70.3%

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

2025
19-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Equity above €100,000Eq €127,484 ▲43%
3 profitable years in a row build equity to €127,484.
17-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2022net €78,010 ▲724%
Operating result €99,465, net result €78,010, both a record.
31-12
Financial Liquidity triplescurrent ratio 4.24
Current ratio from 1.34 to 4.24.
14-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sombreffe · 1 establishment unit since 2022
seat establishment approximate The establishment unit on the map
Ground area
2,838 m²
Building footprint
84 m²
Parcel 92114A0311/00F000, Wallonia. Linked by address, not a title deed.
1 establishment unit
MP-EXPERTISES
Rue des Bruyères 19, 5140 SombreffeActivities of building architects
since 20222.326.632.991
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92114A0311/00F000 Wallonia 2,838 m² 1 · 84 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, comparable size

Of 18,250 companies in sector 71111 we hold annual accounts for 6,321. 5,417 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
Founded13-01-2022
Fiscal year end31-12
Activities, NACEBEL 2025
71111Activities of building architects
E-invoicing
Reachable via Peppol
Peppol ID 0208:0780396573
Registered 03-12-2025

Register as of 28 September 2026 · Peppol Directory

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