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MP STABLES

Active
Private limited company (pre-2019)founded 2018active for 8 yearsVeerstraat 21, 3830 Wellen, BelgiumKBO/BCE: BE 0691.593.766
Summary

The computed 12-month bankruptcy probability of MP STABLES is 1.9% (moderate). The 2024 annual accounts show negative equity (-€60,749) and a net result of €22,140. Equity is shrinking by about 67% per year across the filed financial years. Its solvency ranks better than 7% of 3,937 sector peers (NACE 01, financial year 2024). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Raising of horses and other equines
NACE 01430Equestrian clubs NACE 93127
2 sites
Size
€79,020total assets 2024
Equity
-€60,749
Profit
€22,140
Turnover not published (micro format)
Financial health
54 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.9%
Structure
Accounts 71 days overdue0 of 3 deeds read
Why 54raises riskFigures for financial year 2024 (filed 02-09-2025)Liquidity: current ratio 0.59, cash €1,562lowers riskSector: Crop and animal production, hunting and related service activities (NACE 01)Size: total assets €79,020Show the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 46% of its sector peers (NACE 01, micro)
Financial strength · tick = 2023
Weak
Solvency 0=
equity -76.9% of total assets
Liquidity 2=
short-term debt 158.2% · cash 2.0%
Profitability 100+100
return on assets 28.0%
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (5,680 companies, NACE 01, micro)
Last 24 months 11-2024: 1.4% 12-2024: 1.4%● unchanged vs 11-2024 01-2025: 1.4%● unchanged vs 12-2024 02-2025: 1.4%● unchanged vs 01-2025 03-2025: 1.4%● unchanged vs 02-2025 04-2025: 1.4%● unchanged vs 03-2025 05-2025: 1.4%● unchanged vs 04-2025 06-2025: 1.3%▼ -0.1 percentage points vs 05-2025 07-2025: 1.4%▲ +0.1 percentage points vs 06-2025 08-2025: 1.9%▲ +0.5 percentage points vs 07-2025 09-2025: 2.2%▲ +0.3 percentage points vs 08-2025highest value 10-2025: 0.7%▼ -1.5 percentage points vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.6%▼ -0.1 percentage points vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026lowest value 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 1.0%▲ +0.4 percentage points vs 07-2026 09-2026: 1.2%▲ +0.2 percentage points vs 08-2026 10-2026: 1.9%▲ +0.7 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.59, compared with 0.36 in 2023; short-term debt: 158.2% and cash: 2% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 01, micro): better than 5% on solvency, 5% on liquidity, 96% on profitability and 77% on growth.

The bankruptcy probability was computed on 09-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Figures for financial year 2024 (filed 02-09-2025)
NBB · annual accounts
lowers risk · Sector: Crop and animal production, hunting and related service activities (NACE 01)
KBO
lowers risk · Size: total assets €79,020
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.59, cash €1,562
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 3937 sector peers (2024).
NBB · sector comparison
Position among 3937 sector peers
Solvency
better than 7%
← weakest strongest →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are in a legal situation other than normal, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filings
Deviation from the deadline
2025
not confirmed
2024
28 days late
2023
8 days early
2022
35 days early
2021
32 days early
2020
23 days late
2019
35 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 10 days before the deadline; the sector median (NACE 01) for financial year 2024 is 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Back to profitnet €22,140
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€60,749 View
  • Positive: Back in profit in 2024after -€42,115 in 2023 €22,140 View
  • Caution: Among the weakest 8% on solvencysector median 32.1% · 3,937 companies -76.9% View
  • Caution: Accounts not fileddeadline was 31-07-2026 71 days late View

By topic

Financials

Financial year
2024
Total assets
€79,020
Profit
€22,140
Solvency
-76.9%
Total assets▲ 81.0%
Net result
20192024
Go to Financials

Timeline

Events
9
Since
2020
  1. 26-06-2023Annual accounts filed
  2. 31-12-2022Weakest financial year
  3. 29-06-2022Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company (pre-2019)
Activity
Raising of horses and other equinesNACE 01430
Founded
28-02-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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