Checked.be
Active
BE 0747.500.212Private limited company
MP Oostende
Louisastraat 2A .00.01 ·8400 Oostende, Belgium· 6 yrs active
Conclusion
The computed 12-month bankruptcy probability of MP Oostende is 2.7% (moderate). The 2025 annual accounts show equity of €26k and a net result of €-3k. Equity is shrinking by ~15.6% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €26k |
| Net result | €-3k |
| Active | 6 yrs |
| Locations | 1 |
Financial profile
40
/ 100
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Health
33
Profitability
0
Solvency
9
Growth
58
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
More than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
33
/ 100
Weak
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€1k
estimate, not credit advice
Score history
23
2022
33
2023
33
2024
33
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 0.82 (< 1.0)
-10
Leverage
Debt/equity 30.18 (> 3.0)
-10
Profitability
Negatieve ROE -10%
-10
Interest coverage
Interest coverage 6.8× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 07-07-2026 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining
Equity: declining trend of ~15.6%/year over 4 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
€63k
+1.3%
22-25
€-3k
+31.5%
22-25
€54k
+2.6%
22-25
€799k
-5.3%
22-25
€26k
-9.5%
22-25
€-9k
+53.3%
22-25
€774k
-5.1%
22-25
€51k
+2.8%
22-25
€722k
-5.6%
22-25
0.82
+35.4%
22-25
0.82
+35.4%
22-25
3.2%
-4.5%
22-25
30.18
+4.8%
22-25
-10.5%
+24.4%
22-25
-0.3%
+27.7%
22-25
6.80
+7.5%
22-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €63k | €62k | €50k | €36k |
| Net profit | €-3k | €-4k | €-16k | €-23k |
| Cash flow | €54k | €52k | €40k | €25k |
| Staff costs | - | - | - | - |
| Income taxes | - | - | - | - |
| Dividends | - | - | - | - |
| Total assets | €799k | €844k | €911k | €951k |
| Equity | €26k | €28k | €32k | €48k |
| Debt | €774k | €815k | €879k | €903k |
| of which ≤ 1y | €51k | €50k | €71k | €52k |
| of which > 1y | €722k | €765k | €808k | €851k |
| Working capital | €-9k | €-20k | €-25k | €-22k |
| Employees (FTE) | - | - | - | - |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 0.82 | 0.61 | 0.64 | 0.57 |
| Quick ratio | 0.82 | 0.61 | 0.64 | 0.57 |
| Working capital ratio | -1.1% | -2.3% | -2.8% | -2.3% |
| Solvency | 3.2% | 3.4% | 3.5% | 5.1% |
| Debt / equity | 30.18 | 28.79 | 27.27 | 18.78 |
| Long-term debt ratio | 28.18 | 27.03 | 25.07 | 17.70 |
| Interest coverage | 6.80 | 6.32 | 4.95 | 3.51 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | -0.3% | -0.5% | -1.7% | -2.4% |
| ROE | -10.5% | -13.9% | -49.1% | -47.3% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (21 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €799k | €844k | €911k | €951k |
| Fixed assets | 21/28 | €757k | €813k | €866k | €921k |
| Tangible fixed assets | 22/27 | €757k | €813k | €866k | €921k |
| Current assets | 29/58 | €42k | €30k | €46k | €30k |
| Amounts receivable within one year | 40/41 | - | €0 | €4k | €50 |
| Cash & bank | 54/58 | €34k | €30k | €39k | €29k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €799k | €844k | €911k | €951k |
| Equity | 10/15 | €26k | €28k | €32k | €48k |
| Contributions / capital | 10/11 | €100k | €100k | €100k | €100k |
| Accumulated profits (losses) | 14 | €-74k | €-72k | €-68k | €-52k |
| Amounts payable | 17/49 | €774k | €815k | €879k | €903k |
| Amounts payable after one year | 17 | €722k | €765k | €808k | €851k |
| Amounts payable within one year | 42/48 | €51k | €50k | €71k | €52k |
| Trade debts payable within one year | 44 | €639 | €598 | €24k | €5k |
| Income statement | |||||
| Gross operating margin | 9900 | €66k | €66k | €54k | €42k |
| Operating result | 9901 | €7k | €6k | €-6k | €-13k |
| Financial income | 75 | €0 | €1 | - | - |
| Financial charges | 65 | €9k | €10k | €10k | €10k |
| Result before taxes | 9903 | €-3k | €-4k | €-16k | €-23k |
| Net result for the period | 9904 | €-3k | €-4k | €-16k | €-23k |
| Result to be appropriated | 9905 | €-3k | €-4k | €-16k | €-23k |
Legal Structure
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 19-05-2020 |
| Status | Active |
| Postal code | 8400 |
Establishment units
MP Oostende
since 20202.302.432.283
Real-estate footprint
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35013A0210/00W000 | Flanders | 316 m² | 1 · 183 m² | 17.9 m · 4 fl. |
| 35013A0210/00V000 | Flanders | 71 m² | - | - |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
Next filing, fiscal year 2026, expected by
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-12
State Gazette act
Registered-office change
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
State Gazette actNBB filing
Belgian State Gazette reading coverage
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.
Belgisch Staatsblad, acts
Address history · 1
09-12-2022
Registered-office move
All acts · 1
updated 3 years ago
2022
09-12-2022 Registered office moved within Oostende
- Louisastraat 2A, 8400 Оostende → Louisastraat 2A 00.01, 8400 Oostende
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Louisastraat 2A 00.01, 8400 Oostende",
"city": "Oostende",
"region": "vlaams_gewest",
"street": "Louisastraat",
"country": "BE",
"postcode": "8400",
"box_number": "00.01",
"street_number": "2A",
"locality_suffix": null
},
"old_address": {
"raw": "Louisastraat 2A, 8400 \u041Eostende",
"city": "Oostende",
"region": "vlaams_gewest",
"street": "Louisastraat",
"country": "BE",
"postcode": "8400",
"box_number": null,
"street_number": "2A",
"locality_suffix": null
},
"effective_date": "2022-11-30",
"evidence_quote": "Het bestuursorgaan beslist dat de zetel van de vennootschap zal worden verplaatst van Louisastraat 2A, 8400 Oostende naar Louisastraat 2A 00.01, 8400 Oostende, en dit vanaf heden.",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2022-11-30",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "enig_aandeelhouder_schriftelijk",
"date": "2022-10-26",
"unanimous": null
},
"subject_company": {
"kbo": "0747.500.212",
"name_full": "MP Oostende",
"legal_form": "BV",
"_kbo_extracted_mismatch": "0474.500.212"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Sofie Masschelein",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [
"Bijlagen-bij-het Belgiseh Staatsblad--09/12/2022",
"Annexes du Moniteur-belge-"
]
}Credit advice
Company registry (CBE)
Names & trade names
| Legal nameNL | MP Oostende |