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Mpaakwang

Active
Private limited companyfounded 2024active for 1 yearWalestraat 9, 3320 Hoegaarden, BelgiumKBO/BCE: BE 1017.267.209
Summary

The computed 12-month bankruptcy probability of Mpaakwang is 1.9% (moderate). The 2025 annual accounts show equity of €29,900 and a net result of €26,900. The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Overview

Official details

Source: KBO
Status
Active since 12-12-2024 Normal situation
Activity
“De verpleging en de uitoefening van de verpleegkunde in het algemeen” (deed in Dutch)From the articles, 14 activitiesNo NACE code in the KBO yet
Financial year end
31 December
Peppol
Reachable since 08-04-2025

Board and ownership

Shareholders
  • MONAMA PAKWANGO Blaiseact of 16-12-2024

Financial position

56 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.9%
Annual accounts 2025
Gross margin
€43,401
▲ 393%
Turnover
≈ €170,000
estimated
Profit
€26,900
▲ 240%
Equity
€29,900
▲ 174%
Total assets
€92,881
▲ 751%
Score breakdownraises riskFounded in 2024No registered site in the KBOlowers riskSize: total assets €92,881Liquidity: current ratio 1.25, cash €30,391Show the evidence

Checked score

Score 2025
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 72% of micro companies without a NACE code
Financial strength · tick: 2024
Strong
Solvency 57-43
equity 32.2% of total assets
Liquidity 76-14
short-term debt 33.7% · cash 32.7%
Profitability 100=
return on assets 29.0%
Bankruptcy probability within 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).

Last 24 months 01-2026: 2.4% 02-2026: 2.4%● unchanged vs 01-2026 03-2026: 2.4%● unchanged vs 02-2026 04-2026: 2.7%▲ +0.3 percentage points vs 03-2026 05-2026: 2.7%● unchanged vs 04-2026 06-2026: 2.8%▲ +0.1 percentage points vs 05-2026 07-2026: 2.5%▼ -0.3 percentage points vs 06-2026 08-2026: 3.0%▲ +0.5 percentage points vs 07-2026 09-2026: 3.4%▲ +0.4 percentage points vs 08-2026highest value 10-2026: 1.9%▼ -1.5 percentage points vs 09-2026lowest value 11-2026: 1.9%● unchanged vs 10-2026lowest value
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.25, below the usual 1.5. Short-term debt is 33.7% and cash 32.7% of total assets. 67.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 (no NACE code, micro). It does better than 34% of them on solvency, 70% on liquidity, 90% on profitability and 96% on growth.

The bankruptcy probability was computed on 04-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €92,881
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.25, cash €30,391
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · No registered site in the KBO
KBO · seat and establishments
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 18-06-2026, 43 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
43 days early
2024
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 2 accounts on average 6 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 18-06-2026 at the NBB all 2 filings

Turnover
≈ €170,000
Estimated: probably between €100,000 and €310,000
Total assets
€92,881▲ 751%
2024 · €10,909
Net result
€26,900▲ 240%
2024 · €7,909
Working capital
€7,911▼ 15.6%
2024 · €9,376
Multi-year overview
2024 to 2025, 2 financial years
Operating result
€38,467
▲ 386% 2025
20242025
Net result
€26,900
▲ 240% 2025
20242025
Equity
€29,900
▲ 174% 2025
20242025
Total assets
€92,881
▲ 751% 2025
20242025
Debt
€62,982
2025
20242025
Working capital
€7,911
▼ 15.6% 2025
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€7,909-€38,467▲ 386%
Net result€7,909-€26,900▲ 240%
Equity€10,909-€29,900▲ 174%
Total assets€10,909-€92,881▲ 751%
Debt€0-€62,982
Working capital€9,376-€7,911▼ 15.6%

The operating result for 2025 is nearly 4.9 times that of 2024.

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €92,881
Fixed assets €53,651 ▲ 35×
Current assets €39,231 ▲ 318%
Equity and liabilities €92,881
Equity €29,900
Debt €62,982
Debt's share of the balance-sheet total is 67.8%.
Key figures and ratios
2025 value · change against 2024
EBITDA
€42,906▲
2024 · €7,916
Cash flow
€31,339▲
2024 · €7,916
Current ratio
1.25
Debt to equity
2.11▲
2024 · 0.00
ROE
90.0%▲
2024 · 72.5%
ROA
29.0%▼
2024 · 72.5%
Interest coverage
53.52
Debt ≤ 1 year
€31,320▲
2024 · €0
Debt > 1 year
€31,662
Income taxes
€10,866
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item20242025
Tangible fixed assets€1,540€56,557
Depreciation and write-downs of the year€7€4,439

Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€10,909€92,881▲
Fixed assets21/28€1,533€53,651▲
Tangible fixed assets22/27€1,533€53,651▲
Plant, machinery and equipment23€1,533€1,225▼
Furniture and vehicles24-€1,417
Leasing and similar rights25-€43,941
Other tangible fixed assets26-€7,067
Current assets29/58€9,376€39,231▲
Amounts receivable within one year40/41€5,887€7,913▲
Trade receivables40-€7,913
Other amounts receivable41€5,887-
Cash at bank and in hand54/58€3,489€30,391▲
Deferred charges and accrued income490/1-€927
Equity and liabilities
Total equity and liabilities10/49€10,909€92,881▲
Equity10/15€10,909€29,900▲
Contributions10/11€3,000€3,000=
Reserves13-€26,900
Distributable reserves133-€26,900
Profit (loss) carried forward14€7,909-
Amounts payable17/49€0€62,982▲
Amounts payable after more than one year17-€31,662
Financial debts170/4-€31,662
Amounts payable within one year42/48€0€31,320▲
Current portion of amounts payable after more than one year42-€8,199
Trade debts44-€582
Suppliers440/4-€582
Taxes, remuneration and social security45-€14,839
Taxes450/3-€13,239
Remuneration and social security454/9-€1,600
Other amounts payable47/48€0€7,700▲
Income statement Code20242025
Remuneration, social security and pensions62€133-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7€4,439▲
Other operating charges640/8€750€496▼
Gross operating margin9900€8,799€43,401▲
Operating profit (loss)9901€7,909€38,467▲
Financial income75/76B-€101
Recurring financial income75-€101
Financial charges65/66B-€802
Recurring financial charges65-€802
Profit (loss) for the period before taxes9903€7,909€37,766▲
Income taxes67/77-€10,866
Profit (loss) for the period9904€7,909€26,900▲
Profit (loss) for the period to be appropriated9905€7,909€26,900▲
Appropriation of the result
Profit (loss) to be appropriated9906€7,909€34,809▲
Profit (loss) brought forward from the previous period14P-€7,909
Transfer to equity691/2-€26,900
To other reserves6921-€26,900
Profit to be distributed694/7-€7,909
Return on contributions (dividend)694-€7,909

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 18-06-2026.

Line20242025Change
Remuneration, social security and pensions62€133--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7€4,439▲ 671×
Other operating charges640/8€750€496▼ 33.9%
Gross operating margin9900€8,799€43,401▲ 393%
Operating profit (loss)9901€7,909€38,467▲ 386%
Financial income75/76B-€101-
Recurring financial income75-€101-
Financial charges65/66B-€802-
Recurring financial charges65-€802-
Profit (loss) for the period before taxes9903€7,909€37,766▲ 378%
Income taxes67/77-€10,866-
Profit (loss) for the period9904€7,909€26,900▲ 240%
Profit (loss) for the period to be appropriated9905€7,909€26,900▲ 240%
Line20242025Change
Assets
Total assets20/58€10,909€92,881▲ 751%
Fixed assets21/28€1,533€53,651▲ 35×
Tangible fixed assets22/27€1,533€53,651▲ 35×
Plant, machinery and equipment23€1,533€1,225▼ 20.1%
Furniture and vehicles24-€1,417-
Leasing and similar rights25-€43,941-
Other tangible fixed assets26-€7,067-
Current assets29/58€9,376€39,231▲ 318%
Amounts receivable within one year40/41€5,887€7,913▲ 34.4%
Trade receivables40-€7,913-
Other amounts receivable41€5,887--
Cash at bank and in hand54/58€3,489€30,391▲ 771%
Deferred charges and accrued income490/1-€927-
Equity and liabilities
Total equity and liabilities10/49€10,909€92,881▲ 751%
Equity10/15€10,909€29,900▲ 174%
Contributions10/11€3,000€3,000=
Reserves13-€26,900-
Distributable reserves133-€26,900-
Profit (loss) carried forward14€7,909--
Amounts payable17/49€0€62,982-
Amounts payable after more than one year17-€31,662-
Financial debts170/4-€31,662-
Amounts payable within one year42/48€0€31,320-
Current portion of amounts payable after more than one year42-€8,199-
Trade debts44-€582-
Suppliers440/4-€582-
Taxes, remuneration and social security45-€14,839-
Taxes450/3-€13,239-
Remuneration and social security454/9-€1,600-
Other amounts payable47/48€0€7,700-
Line20242025Change
Profit (loss) for the period9904€7,909€26,900▲ 240%
+ Depreciation and write-downs630€7€4,439▲ 671×
Operating cash flow (approximation)€7,916€31,339▲ 296%
Investment in fixed assets (approximation)--€56,557-
Change in cash-€26,902-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 11,279 companies had the same profile as Mpaakwang has now. Two years later, 96.6% were still going and 0.7% had gone bankrupt.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
96.6% was still going
2.6% stopped otherwise
0.7% went bankrupt

The bankruptcy probability of Mpaakwang itself is higher: 1.9% within 12 months. It rests on far more data about Mpaakwang than the profile alone.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 11,279 companies, not a prediction for Mpaakwang. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2025 micro format 18-06-2026 2026-00171270 PDF
31-12-2024 micro format 31-08-2025 2025-00482088 PDF

Board & ownership

Directors

Directors
1 director, since incorporation
MONAMA PAKWANGO Blaise
Director · appointed in the act of 16-12-2024 · term without a fixed end
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 16-12-2024

Owners and capital

Shareholders

At incorporation act of 16-12-2024 ↗

Capital transactions

Capital over time
  1. 16-12-2024 Incorporation · €3,000 · 30 shares

Articles of association

Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

Articles of association, deed of 16-12-2024 (in Dutch)

Network & group

Mpaakwang shares no director with another company.

Companies at the same address

3 other companies

Connections & network

1 current director
Depth

The network starts from the directors of Mpaakwang. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
18-06
NBB filing Annual accounts 2025 filedNBB
micro format · 43 days before the deadline
2025
31-08
NBB filing Annual accounts 2024 filedNBB
micro format · 31 days late
2024
16-12
Gazette deed Incorporation
Founding capital of €3,000, 30 shares · Founder: MONAMA PAKWANGO Blaise · Appointment: MONAMA PAKWANGO Blaise (director)4 points ▸
  • Founder, MONAMA PAKWANGO Blaise
  • Founding capital, €3,000, 30 shares
  • Registered office clause, Walestraat 9, 3320 Hoegaarden
  • Director appointment, MONAMA PAKWANGO Blaise (director)
  • The act holds 7 more points.

Open the act in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

Mpaakwang was incorporated on 12 December 2024 as a private limited company by one natural person, with a starting capital of €3,000.12 MONAMA PAKWANGO Blaise is director of the company, appointed in the act of 16-12-2024.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 16-12-2024
  3. 3National Bank, annual accounts 2025

Company details

Register details

Identity

KBO record
Name Mpaakwang in Dutch
Enterprise number 1017.267.209
Legal form Private limited company
Status Active, normale toestand
Founded 12-12-2024
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 16-12-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 16-12-2024 (in Dutch)

Registered office and establishments

Registered office Walestraat 9, 3320 Hoegaarden, Belgium

Activities

PurposeThe purpose describes the activities the company may carry out under its articles.
“De verpleging en de uitoefening van de verpleegkunde in het algemeen; Palliatieve zorg; Hygiëne en lichaamsverzorging; Aanwezigheid in de…”
14 activities
  1. De verpleging en de uitoefening van de verpleegkunde in het algemeen
  2. Palliatieve zorg
  3. Hygiëne en lichaamsverzorging
  4. Aanwezigheid in de woning
  5. Het begeleiden van personen
  6. Het regelen, indien nodig, met een bepaalde handel voor de persoon die zorg of thuishulp ontvangt
  7. De aankoop, verkoop en terbeschikkingstelling van consumptiegoederen, schoonmaakproducten, randapparatuur en apparatuur die nuttig zijn in het medische domein
  8. De detailhandel in medische en orthopedische artikelen
  9. De detailhandel in cosmetica en toiletartikelen
  10. De aankoop, verkoop en terbeschikkingstelling van consumptiegoederen, schoonmaakproducten, randapparatuur en apparatuur die nuttig zijn in het medische domein
  11. De detailhandel in medische en orthopedische artikelen
  12. De detailhandel in cosmetica en toiletartikelen
  13. Het uitvoeren van alle formaliteiten namens patiënten bij de autoriteiten op het gebied van gezondheidszorg
  14. Het vervoer van personen
deed of 16-12-2024 (in Dutch)

Invoicing and payment

VAT number BE 1017.267.209
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:1017267209
Other Peppol ID 9925:BE1017267209
Registered 08-04-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 4 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Thursday of June at 18:00
deed of 16-12-2024 (in Dutch)

Sites & property

Location
exact location from the address register On OpenStreetMap
4 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
849 m²
Building footprint
150 m²
Building volume
952 m³
Cadastral parcel Region Area Buildings Height / floors
24041E0612/00H000 Flanders 849 m² 1 · 150 m² 10.4 m · 2