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MP & PARTNERS

Active
Private limited companyfounded 2011active for 15 yearsSteinstraat 34, 9810 Nazareth-De Pinte, BelgiumKBO/BCE: BE 0834.092.607
Summary

MP & PARTNERS has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €119,758 and a net result of -€19,144. Equity is shrinking by about 7.2% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, micro format

Equity
€119,758▼ 13.8%
2024 · €138,902
Total assets
€395,816▼ 4.7%
2024 · €415,206
Net result
-€19,144▲ 0.5%
2024 · -€19,248
Working capital
-€216,130▼ 9.4%
2024 · -€197,614
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result stays negative: a loss of €2,048 in 2025 against €1,999 in 2024; the loss grows.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€2,048 2025 Net result-€19,144 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result-€4,982--€1,136▲ 77.2%-€2,585▼ 127%-€1,942▲ 24.9%€239-€1,999-€2,048▼ 2.4%
Net result-€15,929--€7,582▲ 52.4%-€8,919▼ 17.6%-€8,550▲ 4.1%-€12,403▼ 45.1%-€19,248▼ 55.2%-€19,144▲ 0.5%
Equity€195,604-€188,022▼ 3.9%€179,103▼ 4.7%€170,553▼ 4.8%€158,150▼ 7.3%€138,902▼ 12.2%€119,758▼ 13.8%
Total assets€497,019-€480,169▼ 3.4%€458,707▼ 4.5%€442,203▼ 3.6%€424,008▼ 4.1%€415,206▼ 2.1%€395,816▼ 4.7%
Debt€301,415-€292,147▼ 3.1%€279,604▼ 4.3%€271,650▼ 2.8%€265,858▼ 2.1%€276,304▲ 3.9%€276,059▼ 0.1%
Working capital-€138,894--€148,866▼ 7.2%-€160,259▼ 7.7%-€172,032▼ 7.3%-€181,976▼ 5.8%-€197,614▼ 8.6%-€216,130▼ 9.4%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €395,816
Fixed assets €380,095 ▼ 4.9%
Current assets €15,721 ▲ 0.6%
Equity and liabilities €395,816
Equity €119,758 ▼ 13.8%
Debt €276,059 ▼ 0.1%
Debt's share of the balance-sheet total rises from 66.5% to 69.7%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€17,440▼
2024 · €17,653
Cash flow
€344▼
2024 · €405
Current ratio
0.07▼
2024 · 0.07
Debt to equity
2.31▲
2024 · 1.99
ROE
-16.0%▼
2024 · -13.9%
ROA
-4.8%▼
2024 · -4.6%
Interest coverage
1.02▼
2024 · 1.02
Debt ≤ 1 year
€231,851▲
2024 · €213,236
Debt > 1 year
€30,553▼
2024 · €50,554
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,910 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 90.9% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss
1.1% went bankrupt
7.8% stopped otherwise
90.9% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 6,910 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 · 2025 against 2024 · 32 lines
Balance sheet Code20242025
Assets
Total assets20/58€415,206€395,816▼
Fixed assets21/28€399,583€380,095▼
Tangible fixed assets22/27€399,583€380,095▼
Land and buildings22€399,583€380,095▼
Current assets29/58€15,622€15,721▲
Amounts receivable within one year40/41€2,322€1,732▼
Trade receivables40€2,322€1,732▼
Cash at bank and in hand54/58€13,300€13,989▲
Equity and liabilities
Total equity and liabilities10/49€415,206€395,816▼
Equity10/15€138,902€119,758▼
Contributions10/11€323,900€323,900=
Profit (loss) carried forward14-€184,998-€204,142▼
Amounts payable17/49€276,304€276,059▼
Amounts payable after more than one year17€50,554€30,553▼
Financial debts170/4€50,554€30,553▼
Amounts payable within one year42/48€213,236€231,851▲
Current portion of amounts payable after more than one year42€20,000€20,000=
Trade debts44€466€985▲
Suppliers440/4€466€985▲
Other amounts payable47/48€192,769€210,866▲
Accrued charges and deferred income492/3€12,514€13,654▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19,652€19,488▼
Other operating charges640/8€3,552€3,390▼
Gross operating margin9900€21,205€20,830▼
Operating profit (loss)9901-€1,999-€2,048▼
Financial charges65/66B€17,249€17,096▼
Recurring financial charges65€17,249€17,096▼
Profit (loss) for the period before taxes9903-€19,248-€19,144▲
Profit (loss) for the period9904-€19,248-€19,144▲
Profit (loss) for the period to be appropriated9905-€19,248-€19,144▲
Appropriation of the result
Profit (loss) to be appropriated9906-€184,998-€204,142▼
Profit (loss) brought forward from the previous period14P-€165,750-€184,998▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19,545€19,545€19,545€19,587€19,587€19,652€19,488▼ 0.8%
Other operating charges640/8---€2,961€3,230€3,552€3,390▼ 4.6%
Gross operating margin9900€17,274€21,133€19,967€20,605€23,055€21,205€20,830▼ 1.8%
Operating profit (loss)9901-€4,982-€1,136-€2,585-€1,942€239-€1,999-€2,048▼ 2.4%
Recurring financial income75€0-------
Financial charges65/66B---€6,608€12,642€17,249€17,096▼ 0.9%
Recurring financial charges65€10,946€6,445€6,334€6,608€12,642€17,249€17,096▼ 0.9%
Profit (loss) for the period before taxes9903-€15,929-€7,582-€8,919-€8,550-€12,403-€19,248-€19,144▲ 0.5%
Profit (loss) for the period9904-€15,929-€7,582-€8,919-€8,550-€12,403-€19,248-€19,144▲ 0.5%
Profit (loss) for the period to be appropriated9905-€15,929-€7,582-€8,919-€8,550-€12,403-€19,248-€19,144▲ 0.5%
Line2019202020212022202320242025Change
Assets
Total assets20/58€497,019€480,169€458,707€442,203€424,008€415,206€395,816▼ 4.7%
Fixed assets21/28€494,290€474,745€455,199€438,822€419,236€399,583€380,095▼ 4.9%
Tangible fixed assets22/27€494,290€474,745€455,199€438,822€419,236€399,583€380,095▼ 4.9%
Land and buildings22---€438,822€419,236€399,583€380,095▼ 4.9%
Current assets29/58€2,729€5,424€3,508€3,380€4,772€15,622€15,721▲ 0.6%
Amounts receivable within one year40/41€1,905€1,653€1,868€1,943€2,455€2,322€1,732▼ 25.4%
Trade receivables40---€1,943€2,455€2,322€1,732▼ 25.4%
Cash at bank and in hand54/58€824€2,192€1,639€1,438€2,317€13,300€13,989▲ 5.2%
Equity and liabilities
Total equity and liabilities10/49€497,019€480,169€458,707€442,203€424,008€415,206€395,816▼ 4.7%
Equity10/15€195,604€188,022€179,103€170,553€158,150€138,902€119,758▼ 13.8%
Contributions10/11€323,900--€323,900€323,900€323,900€323,900=
Contributions outside capital11---€323,900----
Other1109/19---€323,900----
Profit (loss) carried forward14-€128,296-€135,878-€144,797-€153,347-€165,750-€184,998-€204,142▼ 10.3%
Amounts payable17/49€301,415€292,147€279,604€271,650€265,858€276,304€276,059▼ 0.1%
Amounts payable after more than one year17€150,554€130,554€110,554€90,554€70,554€50,554€30,553▼ 39.6%
Financial debts170/4---€90,554€70,554€50,554€30,553▼ 39.6%
Amounts payable within one year42/48€141,623€154,290€163,767€175,412€186,748€213,236€231,851▲ 8.7%
Current portion of amounts payable after more than one year42---€20,000€20,000€20,000€20,000=
Trade debts44€976-€528€298€323€466€985▲ 111%
Suppliers440/4---€298€323€466€985▲ 111%
Other amounts payable47/48---€155,114€166,425€192,769€210,866▲ 9.4%
Accrued charges and deferred income492/3---€5,684€8,556€12,514€13,654▲ 9.1%
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€15,929-€7,582-€8,919-€8,550-€12,403-€19,248-€19,144▲ 0.5%
+ Depreciation and write-downs630€19,545€19,545€19,545€19,587€19,587€19,652€19,488▼ 0.8%
Operating cash flow (approximation)€3,617€11,964€10,626€11,036€7,184€405€344▼ 15.0%
Investment in fixed assets (approximation)-€0€0-€3,210€0€0€0-
Change in cash-€1,368-€553-€202€880€10,982€689▼ 93.7%

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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Latest 10 of 14 filings with the National Bank
Financial year Type Filed Reference
30-09-2025 micro format 09-02-2026 2026-00035471
30-09-2024 micro format 21-04-2025 2025-00072177
30-09-2023 micro format 18-03-2024 2024-00045497
30-09-2022 micro format 27-03-2023 2023-00047976
30-09-2021 micro format 22-03-2022 2022-08500070
30-09-2020 micro format 23-03-2021 2021-08200375
30-09-2019 micro format 23-03-2020 2020-07400226
30-09-2018 micro format 09-04-2019 2019-09800277
30-09-2017 micro format 20-04-2018 2018-10400058
30-09-2016 abbreviated format 28-03-2017 2017-07800526

Show all 14 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.