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MPECO

Active
Private limited companyfounded 20224 yrs activeDendermondesteenweg 714, 9070 Destelbergen, BelgiumKBO/BCE: BE 0790.238.412
Summary

MPECO has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €85k and a net result of €14k. Equity is growing by ~22.3% per year across the filed fiscal years. Its solvency ranks better than 86% of 17043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
92 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▼-3
Solvency100▲+9
Growth52=
Track record94
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 6.55 against 1.84 in 2024; short-term debt: 10.5% and cash: 67.3% of total assets), and 11.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
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
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
88.5%
Return on assets
14.4%
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 06-07-2026, 25 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
25 d early
2024
30 d early
2023
7 d early
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
24-09-2026 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

Financials · fiscal year 2025, micro schema

Equity
€85k▲ 19.4%
2024 · €71k
2023: €53k 2024: €71k
2023 → 2025
Total assets
€96k▼ 11.4%
2024 · €108k
2023: €95k 2024: €108k
2023 → 2025
Net result
€14k▼ 23.4%
2024 · €18k
2023: €53k 2024: €18k
2023 → 2025
Working capital
€56k▲ 83.8%
2024 · €30k
2023: €1k 2024: €30k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202320242025Trend
Equity€53k-€71k▲ 33.9%€85k▲ 19.4%
Operating result€74k-€26k▼ 65.0%€20k▼ 24.3%
Net result€53k-€18k▼ 65.8%€14k▼ 23.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60k€80kOperating result 2023: €74k€74kNet result 2023: €53k€53kOperating result 2024: €26k€26kNet result 2024: €18k€18kOperating result 2025: €20k€20kNet result 2025: €14k€14k202320242025€0€20k€40k€60k€80kOperating result 2023: €74k€74kNet result 2023: €53k€53kOperating result 2024: €26k€26kNet result 2024: €18k€18kOperating result 2025: €20k€20kNet result 2025: €14k€14k202320242025
The operating result has fallen two years in a row; 2025 is 24% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €96k
Fixed assets €30k ▼ 27.7%
Current assets €66k ▼ 1.2%
Equity and liabilities €96k
Equity €85k ▲ 19.4%
Debt €11k ▼ 70.3%
Debt's share of the balance-sheet total falls from 34.3% to 11.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€31k
2024 · €37k
Cash flow
€25k
2024 · €29k
Current ratio
6.55
2024 · 1.84
Debt to equity
0.13
2024 · 0.52
ROE
16.2%
2024 · 25.3%
ROA
14.4%
2024 · 16.6%
Interest coverage
106.23
2024 · 48.98
Debt ≤ 1 year
€10k
2024 · €36k
Income taxes
€6k
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€108k€96k
Fixed assets21/28€41k€30k
Tangible fixed assets22/27€41k€30k
Furniture and vehicles24€41k€30k
Current assets29/58€67k€66k
Amounts receivable within one year40/41€3k€347
Trade receivables40€3k-
Other amounts receivable41-€347
Cash at bank and in hand54/58€63k€65k
Deferred charges and accrued income490/1€1k€1k
Equity and liabilities
Total equity and liabilities10/49€108k€96k
Equity10/15€71k€85k
Contributions10/11€500€500=
Reserves13€71k€84k
Distributable reserves133€71k€84k
Amounts payable17/49€37k€11k
Amounts payable within one year42/48€36k€10k
Trade debts44€494€2k
Suppliers440/4€494€2k
Taxes, remuneration and social security45€31k€6k
Taxes450/3€31k€6k
Other amounts payable47/48€4k€2k
Accrued charges and deferred income492/3€708€945
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k=
Other operating charges640/8€624€1k
Gross operating margin9900€38k€32k
Operating profit (loss)9901€26k€20k
Financial charges65/66B€763€292
Recurring financial charges65€763€292
Profit (loss) for the period before taxes9903€25k€19k
Income taxes67/77€7k€6k
Profit (loss) for the period9904€18k€14k
Profit (loss) for the period to be appropriated9905€18k€14k
Appropriation of the result
Profit (loss) to be appropriated9906€18k€14k
Transfer to equity691/2€18k€14k
To other reserves6921€18k€14k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
06-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet €14k ▼23.4%
Net result drops to €14k, the lowest in the series.
31-12
Financial Liquidity quadruplescurrent ratio 6.55
Current ratio from 1.84 to 6.55; short-term debt falls from €36k to €10k.
01-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
24-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Destelbergen · 1 establishment unit since 2022
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Dendermondesteenweg 7149070 Destelbergen
Ground area
1,887 m²
Building footprint
144 m²
Volume, LiDAR
971 m³
Parcel 44333G0318/00Y000, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Dendermondesteenweg 714, 9070 Destelbergen
Other software publishing
since 20222.335.031.609
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44333G0318/00Y000 Flanders 1,887 m² 1 · 144 m² 10.5 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 29,996 companies in sector 62200 we hold annual accounts for 18,393. 15,580 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded30-08-2022
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
74120Graphic design and visual communication
74140Other specialised design activities
82990Other business support services
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

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