MPBROKER
ActiveSummary
MPBROKER is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show negative equity (-€14,941) and a net result of €43,949. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 5% of 1505 sector peers (fiscal year 2025). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 1505 sector peers (2025).
NBB · sector comparisonPosition among 1505 sector peers
Solvency
better than 5%
← weakest
strongest →
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 22-07-2026, 9 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
9 d early
2024
29 d early
2023
63 d early
2022
5 d early
2021
52 d early
2020
18 d early
2019
65 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 34 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed 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 2 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What changed in the latest annual accounts?What changed Is the workforce growing, and do people stay?Employer check
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
-€14,941
2023 · €26,825
Net result
€43,949▼ 40.7%
2023 · €74,126
Total assets
€371,343▼ 18.6%
2023 · €455,981
Solvency
-4.0%▼ 9.9pp
2023 · 5.9%
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232025
Operating result€2,766▼ 94.6%€70,207▲ 2,438%€42,728▼ 39.1%€116,074▲ 172%€44,555-
Net result€1,265below the sector's middle half▼ 97.2%€66,929within the sector's middle half▲ 5,193%€24,058within the sector's middle half▼ 64.1%€74,126above the sector's middle half▲ 208%€43,949within the sector's middle half-
Equity€27,712below the sector's middle half▲ 4.8%€26,641below the sector's middle half▼ 3.9%€26,699below the sector's middle half▲ 0.2%€26,825below the sector's middle half▲ 0.5%-€14,941below the sector's middle half-
Total assets€432,110within the sector's middle half▲ 706%€474,791within the sector's middle half▲ 9.9%€436,088within the sector's middle half▼ 8.2%€455,981within the sector's middle half▲ 4.6%€371,343below the sector's middle half-
Debt€404,398▲ 1,390%€448,150▲ 10.8%€409,389▼ 8.6%€429,157▲ 4.8%€386,284-
Working capital-€55,306below the sector's middle half-€90,423below the sector's middle half▼ 63.5%-€50,252below the sector's middle half▲ 44.4%€7,905within the sector's middle half-€34,181below the sector's middle half-
Solvency6.4%below the sector's middle half▼ 42.9pp5.6%below the sector's middle half▼ 0.8pp6.1%below the sector's middle half▲ 0.5pp5.9%below the sector's middle half▼ 0.2pp-4.0%below the sector's middle half-
Current ratio0.47below the sector's middle half▼ 1.510.51below the sector's middle half▲ 0.050.69below the sector's middle half▲ 0.181.04within the sector's middle half▲ 0.360.79below the sector's middle half-
Return on assets (ROA)0.3%below the sector's middle half▼ 85.3pp14.1%within the sector's middle half▲ 13.8pp5.5%within the sector's middle half▼ 8.6pp16.3%within the sector's middle half▲ 10.7pp11.8%within the sector's middle half-
Staff (FTE)1.1within the sector's middle half▲ 10.0%2▲ 81.8%2=2=4within the sector's middle half-
above
within
below
the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result is €44,555 in 2025, compared with €116,074 in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €371,343
Fixed assets
€243,026 ▼ 7.5%
Current assets
€128,317 ▼ 33.6%
Key figures and ratios
Debt ≤ 1 year
€162,498▼
2023 · €185,424
Debt > 1 year
€223,568▼
2023 · €243,171
Income taxes
€605▼
2023 · €37,476
Staff costs
€345,643▲
2023 · €133,711
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €104,355 | €130,478 | €133,711 | €345,643 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €34,817 | €104,302 | €114,241 | €124,640 | €140,456 | - |
| Other operating charges640/8 | - | €4,244 | €4,542 | €2,506 | €34,344 | - |
| Gross operating margin9900 | €107,473 | €283,107 | €291,990 | €376,931 | €564,997 | - |
| Operating profit (loss)9901 | €2,766 | €70,207 | €42,728 | €116,074 | €44,555 | - |
| Financial income75/76B | - | €29 | €29 | - | €5,613 | - |
| Recurring financial income75 | - | €29 | €29 | - | €5,613 | - |
| Financial charges65/66B | - | €3,171 | €3,699 | €4,472 | €5,613 | - |
| Recurring financial charges65 | €1,700 | €3,171 | €3,507 | €4,472 | €5,613 | - |
| Non-recurring financial charges66B | - | - | €192 | - | - | - |
| Profit (loss) for the period before taxes9903 | €1,067 | €67,065 | €39,058 | €111,602 | €44,554 | - |
| Income taxes67/77 | -€198 | €136 | €15,000 | €37,476 | €605 | - |
| Profit (loss) for the period9904 | €1,265 | €66,929 | €24,058 | €74,126 | €43,949 | - |
| Profit (loss) for the period to be appropriated9905 | €1,265 | €66,929 | €24,058 | €74,126 | €43,949 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €432,110 | €474,791 | €436,088 | €455,981 | €371,343 | - |
| Fixed assets21/28 | €383,972 | €380,534 | €326,383 | €262,653 | €243,026 | - |
| Intangible fixed assets21 | €321,173 | €271,814 | €208,206 | €134,552 | €6,513 | - |
| Tangible fixed assets22/27 | €62,799 | €108,720 | €118,177 | €128,101 | €236,513 | - |
| Plant, machinery and equipment23 | - | €5,187 | €9,371 | €6,916 | €8,166 | - |
| Furniture and vehicles24 | - | €103,533 | €108,806 | €121,185 | €228,347 | - |
| Current assets29/58 | €48,139 | €94,258 | €109,705 | €193,329 | €128,317 | - |
| Amounts receivable within one year40/41 | €24,851 | €79,168 | €38,000 | €78,437 | €37,888 | - |
| Trade receivables40 | - | €31,168 | - | €10,637 | €15,376 | - |
| Other amounts receivable41 | - | €48,000 | €38,000 | €67,800 | €22,512 | - |
| Cash at bank and in hand54/58 | €22,446 | €11,480 | €36,876 | €104,271 | €32,033 | - |
| Deferred charges and accrued income490/1 | - | €3,610 | €34,829 | €10,621 | €58,396 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €432,110 | €474,791 | €436,088 | €455,981 | €371,343 | - |
| Equity10/15 | €27,712 | €26,641 | €26,699 | €26,825 | -€14,941 | - |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | - |
| Capital10 | - | €18,600 | €18,600 | - | - | - |
| Issued capital100 | - | €18,600 | €18,600 | - | - | - |
| Outside capital11 | - | - | - | €18,600 | €18,600 | - |
| Other1109/19 | - | - | - | €18,600 | €18,600 | - |
| Reserves13 | €3,860 | €3,860 | €3,860 | €3,860 | €3,860 | - |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | - |
| Legal reserve130 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - |
| Distributable reserves133 | - | €2,000 | €2,000 | €2,000 | €2,000 | - |
| Profit (loss) carried forward14 | €5,252 | €4,181 | €4,239 | €4,365 | -€37,401 | - |
| Amounts payable17/49 | €404,398 | €448,150 | €409,389 | €429,157 | €386,284 | - |
| Amounts payable after more than one year17 | €300,533 | €262,630 | €247,168 | €243,171 | €223,568 | - |
| Financial debts170/4 | - | €262,630 | €247,168 | €243,171 | €223,568 | - |
| Amounts payable within one year42/48 | €103,444 | €184,680 | €159,957 | €185,424 | €162,498 | - |
| Current portion of amounts payable after more than one year42 | - | €37,904 | €40,391 | €51,188 | €75,169 | - |
| Financial debts43 | - | - | €15,000 | €15,000 | - | - |
| Credit institutions430/8 | - | - | €15,000 | €15,000 | - | - |
| Trade debts44 | - | - | €21,653 | - | €15,999 | - |
| Suppliers440/4 | - | - | €21,653 | - | €15,999 | - |
| Taxes, remuneration and social security45 | - | €16,618 | €14,888 | €41,654 | €38,533 | - |
| Taxes450/3 | - | - | - | €25,059 | - | - |
| Remuneration and social security454/9 | - | €16,618 | €14,888 | €16,595 | €38,533 | - |
| Other amounts payable47/48 | - | €130,159 | €68,025 | €77,582 | €32,798 | - |
| Accrued charges and deferred income492/3 | - | €840 | €2,264 | €562 | €217 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,265 | €66,929 | €24,058 | €74,126 | €43,949 | - |
| + Depreciation and write-downs630 | €34,817 | €104,302 | €114,241 | €124,640 | €140,456 | - |
| Operating cash flow (approximation) | €36,082 | €171,230 | €138,299 | €198,766 | €184,406 | - |
| Investment in fixed assets (approximation) | - | -€100,864 | -€60,091 | -€60,909 | - | - |
| Change in cash | - | -€10,966 | €25,396 | €67,395 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
25-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €74,126 ▲208%
Operating result €116,074, net result €74,126, both a record.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €45,852
Net result €45,852 after one loss-making year.
31-12
Financial
Liquidity times 6current ratio 1.97
Current ratio from 0.35 to 1.97; short-term debt falls from €37,371 to €24,197.
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
22-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has 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
9 acts for this company are 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, Wavre · 1 establishment unit since 2002
Ground area
1,848 m²
Building footprint
714 m²
Volume, LiDAR
4,567 m³
Parcel 25006A0145/00B002, Wallonia · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
33
companies at this address
See who is registered here
1 establishment unit
Avenue Zénobe Gramme 30, 1300 Wavre
since 20022.114.077.782
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25006A0145/00B002 | Wallonia | 1,848 m² | 1 · 714 m² | 7.2 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.
Structure & network
Owners and holdings
1 ownerChain of control
- MASSAGÉ INVEST
- MPBROKER
Highest known parent: MASSAGÉ INVEST. The sources do not say who stands above it.
Owners 1
- MASSAGÉ INVESTparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
BAES INVEST
BE 0685.419.420
Sint-Niklaas · Eq €26,886
STEFANI & CIE
BE 0447.057.360
Fontaine-l'Evêque · Eq €26,747
HANSOULLE-KILESSE ASSURANCES
BE 0419.060.982
Chaudfontaine · Eq €26,920
VerZeker
BE 0735.797.557
Merksplas · Eq €26,928
ASSURANTIS
BE 0633.962.702
Elsene · Eq €26,969
Of 4,674 companies in sector 66220 we hold annual accounts for 3,222. 1,774 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-08-2002
Fiscal year end31-12
Activities, NACEBEL 2025
66220Insurance agents and brokers
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.