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MP2

Active
Private limited companyfounded 20214 yrs activeKlein-Heidestraat 10, 3670 Oudsbergen, BelgiumKBO/BCE: BE 0775.264.085
Summary

The computed 12-month bankruptcy probability of MP2 is 2.9% (moderate). The 2025 annual accounts show negative equity (-€64,449) and a net result of €11,265. Equity is growing by ~12.6% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability63▲+2
Solvency12▲+2
Growth78=
Track record94
Bankruptcy probability, 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.45 against 0.17 in 2024; short-term debt: 12.9% and cash: 1.2% of total assets), and equity is negative.
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Signals

Four signals. The signal on the left, the evidence on the right.
+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
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 2025
Solvency, return and age of the figures
Solvency
-12.6%
Return on assets
2.2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-03-2026, 130 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
130 d early
2024
18 d late
2023
20 d late
2022
21 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 28 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 July (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
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 4 October 2021, MP2 was incorporated as a Private limited company.1 Total assets went from EUR 558,949 in 2022 to EUR 513,098 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
-€64,449▲ 14.9%
2024 · -€75,714
Total assets
€513,098▼ 0.1%
2024 · €513,644
Net result
€11,265▲ 7.2%
2024 · €10,506
Working capital
-€36,506▼ 15.9%
2024 · -€31,491
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2022202320242025
Operating result-€87,919-€17,835€19,756▲ 10.8%€20,017▲ 1.3%
Net result-€98,345-€8,125€10,506▲ 29.3%€11,265▲ 7.2%
Equity-€94,345--€86,220▲ 8.6%-€75,714▲ 12.2%-€64,449▲ 14.9%
Total assets€558,949-€535,865▼ 4.1%€513,644▼ 4.1%€513,098▼ 0.1%
Debt€653,294-€622,085▼ 4.8%€589,359▼ 5.3%€577,547▼ 2.0%
Working capital-€35,867--€34,554▲ 3.7%-€31,491▲ 8.9%-€36,506▼ 15.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000-€50,000€0Operating result 2022: -€87,919-€87,919Net result 2022: -€98,345-€98,345Operating result 2023: €17,835€17,835Net result 2023: €8,125€8,125Operating result 2024: €19,756€19,756Net result 2024: €10,506€10,506Operating result 2025: €20,017€20,017Net result 2025: €11,265€11,2652022202320242025€0€10,000€20,000Operating result 2023: €17,835€17,800Net result 2023: €8,125€8,130Operating result 2024: €19,756€19,800Net result 2024: €10,506€10,500Operating result 2025: €20,017€20,000Net result 2025: €11,265€11,300202320242025
The operating result has risen three years in a row; 2025 is 1% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €513,098
Fixed assets €483,239 ▼ 4.7%
Current assets €29,858 ▲ 353%
Key figures and ratios
2025 value · change against 2024
EBITDA
€43,832▲
2024 · €43,571
Cash flow
€35,080▲
2024 · €34,321
Solvency
-12.6%▲
2024 · -14.7%
Current ratio
0.45▲
2024 · 0.17
Debt to equity
-8.96▼
2024 · -7.78
ROA
2.2%▲
2024 · 2.0%
Interest coverage
5.01▲
2024 · 4.71
Debt ≤ 1 year
€66,365▲
2024 · €38,081
Debt > 1 year
€506,832▼
2024 · €544,428
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 263 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 97% are still going.

  • Small
  • 2 to 5 years old
  • negative equity
  • a profit under 5% of the balance sheet
1.1% went bankrupt
0.8% stopped otherwise
97% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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 263 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 · 33 lines
Balance sheet Code20242025
Assets
Total assets20/58€513,644€513,098▼
Fixed assets21/28€507,054€483,239▼
Tangible fixed assets22/27€507,054€483,239▼
Land and buildings22€507,054€483,239▼
Current assets29/58€6,590€29,858▲
Amounts receivable within one year40/41-€22,500
Other amounts receivable41-€22,500
Cash at bank and in hand54/58€5,521€6,258▲
Deferred charges and accrued income490/1€1,069€1,101▲
Equity and liabilities
Total equity and liabilities10/49€513,644€513,098▼
Equity10/15-€75,714-€64,449▲
Contributions10/11€4,000€4,000=
Profit (loss) carried forward14-€79,714-€68,449▲
Amounts payable17/49€589,359€577,547▼
Amounts payable after more than one year17€544,428€506,832▼
Financial debts170/4€544,428€506,832▼
Amounts payable within one year42/48€38,081€66,365▲
Current portion of amounts payable after more than one year42€37,470€37,998▲
Trade debts44€611€3,367▲
Suppliers440/4€611€3,367▲
Other amounts payable47/48-€25,000
Accrued charges and deferred income492/3€6,850€4,350▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23,815€23,815=
Other operating charges640/8€3,546€3,655▲
Gross operating margin9900€47,117€47,487▲
Operating profit (loss)9901€19,756€20,017▲
Financial charges65/66B€9,250€8,752▼
Recurring financial charges65€9,250€8,752▼
Profit (loss) for the period before taxes9903€10,506€11,265▲
Profit (loss) for the period9904€10,506€11,265▲
Profit (loss) for the period to be appropriated9905€10,506€11,265▲
Appropriation of the result
Profit (loss) to be appropriated9906-€79,714-€68,449▲
Profit (loss) brought forward from the previous period14P-€90,220-€79,714▲

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25,316€23,815€23,815€23,815=
Other operating charges640/8€91,119€3,413€3,546€3,655▲ 3.1%
Gross operating margin9900€28,516€45,063€47,117€47,487▲ 0.8%
Operating profit (loss)9901-€87,919€17,835€19,756€20,017▲ 1.3%
Financial charges65/66B€10,426€9,710€9,250€8,752▼ 5.4%
Recurring financial charges65€10,426€9,710€9,250€8,752▼ 5.4%
Profit (loss) for the period before taxes9903-€98,345€8,125€10,506€11,265▲ 7.2%
Profit (loss) for the period9904-€98,345€8,125€10,506€11,265▲ 7.2%
Profit (loss) for the period to be appropriated9905-€98,345€8,125€10,506€11,265▲ 7.2%
Line2022202320242025Change
Assets
Total assets20/58€558,949€535,865€513,644€513,098▼ 0.1%
Fixed assets21/28€554,684€530,869€507,054€483,239▼ 4.7%
Tangible fixed assets22/27€554,684€530,869€507,054€483,239▼ 4.7%
Land and buildings22€554,684€530,869€507,054€483,239▼ 4.7%
Current assets29/58€4,265€4,996€6,590€29,858▲ 353%
Amounts receivable within one year40/41---€22,500-
Other amounts receivable41---€22,500-
Cash at bank and in hand54/58€136€3,961€5,521€6,258▲ 13.3%
Deferred charges and accrued income490/1€4,128€1,035€1,069€1,101▲ 3.0%
Equity and liabilities
Total equity and liabilities10/49€558,949€535,865€513,644€513,098▼ 0.1%
Equity10/15-€94,345-€86,220-€75,714-€64,449▲ 14.9%
Contributions10/11€4,000€4,000€4,000€4,000=
Profit (loss) carried forward14-€98,345-€90,220-€79,714-€68,449▲ 14.1%
Amounts payable17/49€653,294€622,085€589,359€577,547▼ 2.0%
Amounts payable after more than one year17€613,162€579,035€544,428€506,832▼ 6.9%
Financial debts170/4€613,162€579,035€544,428€506,832▼ 6.9%
Amounts payable within one year42/48€40,132€39,549€38,081€66,365▲ 74.3%
Current portion of amounts payable after more than one year42€36,436€36,949€37,470€37,998▲ 1.4%
Trade debts44€3,696€2,600€611€3,367▲ 451%
Suppliers440/4€3,696€2,600€611€3,367▲ 451%
Other amounts payable47/48---€25,000-
Accrued charges and deferred income492/3-€3,500€6,850€4,350▼ 36.5%
Line2022202320242025Change
Profit (loss) for the period9904-€98,345€8,125€10,506€11,265▲ 7.2%
+ Depreciation and write-downs630€25,316€23,815€23,815€23,815=
Operating cash flow (approximation)-€73,029€31,940€34,321€35,080▲ 2.2%
Investment in fixed assets (approximation)-€0€0€0-
Change in cash-€3,825€1,560€736▼ 52.8%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
23-03
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Highest result since 2022net €11,265 ▲7.2%
Operating result €20,017, net result €11,265, both a record.
18-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 18 days late
2024
20-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 20 days late
2023
31-12
Financial Back to profitnet €8,125
Net result €8,125 after one loss-making year.
10-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated 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, Oudsbergen · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
2,972 m²
Building footprint
972 m²
Volume, LiDAR
5,658 m³
Parcel 72022B1075/00V005, Flanders · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
Klein-Heidestraat 10, 3670 Oudsbergen
Real estate activities
since 20212.324.236.497
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72022B1075/00V005 Flanders 2,972 m² 1 · 972 m² 6.5 m · 2 fl.
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.

Identification & contact

Identification
Legal formPrivate limited company
Founded04-10-2021
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0775264085
Also 9925:BE0775264085
Registered 12-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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