Skip to content

MPA LEARNING FUND

Active
Limited partnershipfounded 20242 yrs activeKantersteen 12, 1000 Brussel, BelgiumKBO/BCE: BE 1011.113.152
Summary

The computed 12-month bankruptcy probability of MPA LEARNING FUND is 1.7% (moderate). The 2025 annual accounts show equity of €669k and a net result of €-191k. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability0
Solvency100
Growth-
Track record67
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days only on tighter terms
Liquidity ample (current ratio 24.23; short-term debt: 1.1% and cash: 25.6% of total assets), and 1.1% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 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 · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
98.9%
Return on assets
-28.3%
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 15-06-2026, 46 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
46 d early
← before the deadline after the deadline →
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

Financials · fiscal year 2025, micro schema

Equity
€669k
Total assets
€676k
Net result
€-191k
Working capital
€168k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €676k
Fixed assets €500k
Current assets €175k
Equity and liabilities €676k
Equity €669k
Debt €7k
Debt finances 1.1% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
24.23
Debt to equity
0.01
ROE
-28.6%
ROA
-28.3%
Debt ≤ 1 year
€7k
Filed annual accounts As filed with the NBB · 2025 · 26 lines
Balance sheet Code2025
Assets
Total assets20/58€676k
Fixed assets21/28€500k
Financial fixed assets28€500k
Current assets29/58€175k
Cash at bank and in hand54/58€173k
Deferred charges and accrued income490/1€3k
Equity and liabilities
Total equity and liabilities10/49€676k
Equity10/15€669k
Contributions10/11€860k
Profit (loss) carried forward14€-191k
Amounts payable17/49€7k
Amounts payable within one year42/48€7k
Trade debts44€6k
Suppliers440/4€6k
Other amounts payable47/48€1k
Income statement Code2025
Other operating charges640/8€893
Gross operating margin9900€-190k
Operating profit (loss)9901€-191k
Financial income75/76B€735
Recurring financial income75€735
Financial charges65/66B€1k
Recurring financial charges65€1k
Profit (loss) for the period before taxes9903€-191k
Profit (loss) for the period9904€-191k
Profit (loss) for the period to be appropriated9905€-191k
Appropriation of the result
Profit (loss) to be appropriated9906€-191k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line2025
Other operating charges640/8€893
Gross operating margin9900€-190k
Operating profit (loss)9901€-191k
Financial income75/76B€735
Recurring financial income75€735
Financial charges65/66B€1k
Recurring financial charges65€1k
Profit (loss) for the period before taxes9903€-191k
Profit (loss) for the period9904€-191k
Profit (loss) for the period to be appropriated9905€-191k
Line2025
Assets
Total assets20/58€676k
Fixed assets21/28€500k
Financial fixed assets28€500k
Current assets29/58€175k
Cash at bank and in hand54/58€173k
Deferred charges and accrued income490/1€3k
Equity and liabilities
Total equity and liabilities10/49€676k
Equity10/15€669k
Contributions10/11€860k
Profit (loss) carried forward14€-191k
Amounts payable17/49€7k
Amounts payable within one year42/48€7k
Trade debts44€6k
Suppliers440/4€6k
Other amounts payable47/48€1k
Line2025
Profit (loss) for the period9904€-191k
Operating cash flow (approximation)€-191k

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Sign in to download as CSV

Timeline · acts, filings and financial milestones

2026
28-07
State Gazette act Statutes amendment
Capital increase · Capital4 facts ▸
  • Capital increase, €200.000
  • Capital, €4.500.000
  • Statutes amendment, 6.1
  • Statutes amendment, 6.3
15-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
State Gazette actNBB filing
1 of 5 acts read
About the unread acts

Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
4,348 m²
Building footprint
4,347 m²
Volume, LiDAR
76,992 m³
Parcel 21804D1049/00D002, Brussels · tallest building 26.2 m, ±7 floors. Linked by address, not a title deed.
59 companies at this address See who is registered here
1 establishment unit
MPA LEARNING FUND
Kantersteen 12, 1000 BrusselHoldings
since 20242.364.408.355
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21804D1049/00D002
ProtectedMonumentCentraal StationSource ↗
Brussels 4,348 m² 1 · 4,347 m² 26.2 m · 7 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Structure & network

Capital and shareholders

Capital over the years
  1. 28-07-2026 Capital increase of 200,000 EUR · to 4,500,000 EUR · 200,000 new shares

Recognitions · licences · registrations

Legal Entity Identifier

984500C5F9B1E8384E19
live in the LEI register

Identification & contact

Identification
Legal formLimited partnership
Founded03-07-2024
Fiscal year end31-12

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