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MPE SECURITY

Active Private limited companyfounded 2022active for 4 yearsRue de Marcinelle 87, 6010 CharleroiKBO/BCE: BE 0788.572.980

Lifetime

3 annual accounts with figures on one time axis
peak €51,349 (2025)
€51,349▲ 70.3%
lowest -€9,975 (2024)
€11,627▲ €21,602
peak €24,996 (2025)
€24,996▲ 87.0%
€24,261▼ 18.2%
Board1 name since 2022
1 directorVANESSE Alain
Documentsfilings and deeds
05-11-202697 days late
2025micro format
Gross margin from €30,160 to €51,349Back to profit: €11,627Equity from €13,369 to €24,996Debts from €29,665 to €24,261Cash from €7,860 to €18,268

Key points

from the 2025 annual accounts

Turnover

≈ €200,000 estimated

The micro format states no turnover.

Liquidity

1.99 was 1.38 in 2024

Short-term debts fell from €29,665 to €24,261.

Filings

3 annual accounts 97 days
AprilJune31 JulyOctober202320242025

Latest accounts filed late: after the legal deadline.

Checked score

57
Fair
Financially stronger than 75% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%

A confirmed filing finding caps the score at 59.

Bankruptcy probability within 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).

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

Last 24 months 12-2024: 1.2% 01-2025: 1.2%● unchanged vs 12-2024 02-2025: 1.2%● unchanged vs 01-2025 03-2025: 1.2%● unchanged vs 02-2025 04-2025: 1.1%▼ -0.1 percentage points vs 03-2025 05-2025: 1.1%● unchanged vs 04-2025 06-2025: 1.1%● unchanged vs 05-2025lowest value 07-2025: 1.2%▲ +0.1 percentage points vs 06-2025 08-2025: 1.7%▲ +0.5 percentage points vs 07-2025 09-2025: 2.0%▲ +0.3 percentage points vs 08-2025 10-2025: 2.6%▲ +0.6 percentage points vs 09-2025 11-2025: 2.6%● unchanged vs 10-2025 12-2025: 2.6%● unchanged vs 11-2025 01-2026: 2.5%▼ -0.1 percentage points vs 12-2025 02-2026: 2.5%● unchanged vs 01-2026 03-2026: 2.2%▼ -0.3 percentage points vs 02-2026 04-2026: 2.2%● unchanged vs 03-2026 05-2026: 2.3%▲ +0.1 percentage points vs 04-2026 06-2026: 2.3%● unchanged vs 05-2026 07-2026: 2.3%● unchanged vs 06-2026 08-2026: 3.1%▲ +0.8 percentage points vs 07-2026 09-2026: 3.5%▲ +0.4 percentage points vs 08-2026 10-2026: 5.2%▲ +1.7 percentage points vs 09-2026highest value 11-2026: 1.5%▼ -3.7 percentage points vs 10-2026

Financial strength
Strong

76+20equity 50.7% of total assets
72+36short-term debt 49.3% · cash 37.1%
98+98return on assets 23.6%

Score breakdown

raises risk
Capped at 59: a confirmed filing finding
Last filed accounts filed 97 days late; 2 of the last 3 accounts late
Size: total assets €49,257
Founded in 2022
lowers risk
Liquidity: current ratio 1.99, cash €18,268
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 (NACE 43, micro). It does better than 55% of them on solvency, 70% on liquidity, 84% on profitability and 90% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 39,278 companies had the same profile as MPE SECURITY has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of MPE SECURITY itself: 1.5% within 12 months.

Test of the method

The method was tested on the 497,447 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 39,278 companies, not a prediction for MPE SECURITY. 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.

Credit verdict

Credit of up to €1,000 on 30-day terms, only on tighter conditions: the latest accounts were filed more than 90 days after the deadline

Liquidity is ample, with a current ratio of 1.99 (1.38 in 2024), above the usual 1.5. Short-term debt is 49.3% and cash 37.1% of total assets. 49.3% of the assets are financed with debt and provisions.

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 risk
raises risk · Last filed accounts filed 97 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 1.99, cash €18,268
NBB · annual accounts
raises risk · Size: total assets €49,257
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Founded in 2022
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 · 2025 accounts filed 97 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-11-2026, 97 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 3 filings
Deviation from the deadline
2025
97 days late
2024
61 days late
2023
30 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 63 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed 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. The company usually files around 30 September (3 of the last 3 accounts filed within 36 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Board and ownership

VA
Director
  • VANESSE Alain 100 sharesdeed of 18-07-2022
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0788572980
Security firm approval (alarm systems) granted Decision of 17-11-2022, published on 24-08-2023
Incorporation Founding capital of €2,500, 100 shares · Founder: VANESSE Alain · Appointment: VANESSE Alain (director) · published on 18-07-2022 · Gazette deed
First establishment Rue de Marcinelle 87, Charleroi
All 10 events

Comparable companies

same main activity, similar in size and age
Company
MPE SECURITY Charleroi €49,257 €51,349 50.7% -
MATERA Saint-Ghislain €52,471 €62,563 1.9% -
ADN ELEC Verlaine €52,795 €50,465 25.4% -
ISSAB Anderlecht €48,335 €57,237 -36.4% -
Kilic Energy Antwerp €47,872 €47,206 63.5% -
Elektriciteitswerken Danny Crauwels Schilde €48,801 €50,237 64.8% -
Top Business Company Houthalen-Helchteren €54,708 €53,320 4.6% -

These companies have the same main activity as MPE SECURITY: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €47,900 and €54,700, founded between 2022 and 2023.

Official details

Source: KBO
Status
Active since 14-07-2022Normal situation
Activity
General electrical installation workNACE 43211and 4 others
Establishment unit
2.334.703.1936010 Charleroi, since 14-07-2022
Financial year end
31 December
Peppol
Reachable since 28-09-2025
Company details

Annual accounts 2025

€49,257▲ 14.5%
Employeeson 31-12-2025
1=
Filing
Filed on 05-11-2026
Financials

Insights on MPE SECURITY

MPE SECURITY files the micro format. That format states no turnover. The gross margin rose from €41,341 in 2023 to €51,349 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about MPE SECURITY

What is the company number of MPE SECURITY?
The company number of MPE SECURITY is 0788.572.980. The VAT number is the same number with BE in front: BE 0788.572.980.
Where is MPE SECURITY based?
The registered office is at Rue de Marcinelle 87, 6010 Charleroi.Company details
What does MPE SECURITY do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of MPE SECURITY?
MPE SECURITY is a private limited company (BV).
When was MPE SECURITY founded?
MPE SECURITY was founded on 14-07-2022.
Is MPE SECURITY still active?
Yes, MPE SECURITY is an active enterprise in the KBO register.
How many employees does MPE SECURITY have?
MPE SECURITY had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of MPE SECURITY?
The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €51,349 and 40 comparable companies (NACE 43211). It probably lies between €120,000 and €320,000.
Is MPE SECURITY profitable?
In financial year 2025, MPE SECURITY made a profit of €11,627.
Where can I find the annual accounts of MPE SECURITY?
MPE SECURITY filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MPE SECURITY due?
MPE SECURITY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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