MPH
ActiveMPH has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.92M and a net result of €298k. Equity is growing by ~38.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 8584 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
93
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-22
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €180k at 30 days acceptable
Liquidity ample (current ratio 33.23 against 16.54 in 2024), and 2.9% of the assets are financed with debt.
Credit advice 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-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
97.1%
Return on assets
15.1%
Age of the figures
8 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 09-07-2026, 22 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
22 d early
2024
36 d early
2023
30 d early
2022
35 d early
2021
39 d early
2020
31 d early
2019
8 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.92M▲ 18.4%
2024 · €1.62M
2019: €26k
2020: €238k
2021: €469k
2022: €869k
2023: €1.25M
2024: €1.62M
2019 → 2025
Total assets
€1.98M▲ 14.8%
2024 · €1.73M
2019: €345k
2020: €634k
2021: €927k
2022: €1.29M
2023: €1.45M
2024: €1.73M
2019 → 2025
Net result
€298k▼ 20.3%
2024 · €375k
2019: €-24k
2020: €213k
2021: €231k
2022: €399k
2023: €381k
2024: €375k
2019 → 2025
Working capital
€1.87M▲ 19.1%
2024 · €1.57M
2019: €225k
2020: €431k
2021: €414k
2022: €1.06M
2023: €1.19M
2024: €1.57M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€469k-€869k▲ 85.1%€1.25M▲ 43.8%€1.62M▲ 30.0%€1.92M▲ 18.4%
Operating result€334k-€612k▲ 83.3%€492k▼ 19.6%€229k▼ 53.5%€477k▲ 108%
Net result€231k-€399k▲ 72.8%€381k▼ 4.6%€375k▼ 1.7%€298k▼ 20.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 108% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.98M
Fixed assets
€54k▼ 2.0%
Current assets
€1.93M▲ 15.4%
Equity and liabilities €1.98M
Equity
€1.92M▲ 18.4%
Debt
€58k▼ 42.6%
The debt ratio falls from 5.9% to 2.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€479k▲
2024 · €236k
Cash flow
€301k▼
2024 · €381k
Solvency
97.1%▲
2024 · 94.1%
Current ratio
33.23▲
2024 · 16.54
Quick ratio
33.23▲
2024 · 16.54
Debt / equity
0.03▼
2024 · 0.06
ROE
15.5%▼
2024 · 23.1%
ROA
15.1%▼
2024 · 21.7%
Interest coverage
220.21▲
2024 · 66.75
Debt
€58k▼
2024 · €101k
Debt ≤ 1 year
€58k▼
2024 · €101k
Income taxes
€194k▲
2024 · €56k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.73M€1.98M▲
Fixed assets21/28€55k€54k▼
Tangible fixed assets22/27€4k€3k▼
Furniture and vehicles24€4k€3k▼
Financial fixed assets28€51k€51k=
Current assets29/58€1.67M€1.93M▲
Amounts receivable within one year40/41€463k€373k▼
Trade receivables40€104k€107k▲
Other amounts receivable41€359k€266k▼
Current investments50/53€1.11M€1.25M▲
Cash at bank and in hand54/58€94k€305k▲
Equity and liabilities
Total equity and liabilities10/49€1.73M€1.98M▲
Equity10/15€1.62M€1.92M▲
Contributions10/11€50k€50k=
Reserves13€1.57M€1.87M▲
Distributable reserves133€1.57M€1.87M▲
Amounts payable17/49€101k€58k▼
Amounts payable within one year42/48€101k€58k▼
Trade debts44€8k€8k▲
Suppliers440/4€8k€8k▲
Advances received on contracts in progress46-€21k
Taxes, remuneration and social security45€82k€29k▼
Taxes450/3€82k€29k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€11k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€3k▼
Other operating charges640/8€1k€1k▼
Gross operating margin9900€237k€481k▲
Operating profit (loss)9901€229k€477k▲
Financial income75/76B€206k€18k▼
Recurring financial income75€206k€18k▼
Financial charges65/66B€4k€2k▼
Recurring financial charges65€4k€2k▼
Profit (loss) for the period before taxes9903€431k€493k▲
Income taxes67/77€56k€194k▲
Profit (loss) for the period9904€375k€298k▼
Profit (loss) for the period to be appropriated9905€375k€298k▼
Appropriation of the result
Profit (loss) to be appropriated9906€375k€298k▼
Transfer to equity691/2€375k€298k▼
To other reserves6921€375k€298k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Liquidity doublescurrent ratio 33.23
Current ratio from 16.54 to 33.23; short-term debt falls from €101k to €58k.
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity doublescurrent ratio 16.54
Current ratio from 7.00 to 16.54; short-term debt falls from €198k to €101k.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €1MEq €1.25M ▲43.8%
4 profitable years in a row build equity to €1.25M.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2019net €399k ▲72.8%
Operating result €612k, net result €399k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 7.10
Current ratio from 1.91 to 7.10; short-term debt falls from €457k to €174k.
31-12
Financial
Equity above €500kEq €869k ▲85.1%
3 profitable years in a row build equity to €869k.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €213k
Net result €213k after one loss-making year.
31-12
Financial
Equity above €200kEq €238k ▲829%
Equity rises from €26k to €238k.
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Lede · 1 establishment unit since 2018
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.
Erfken 69340 LedeGround area
390 m²
Building footprint
154 m²
Volume, LiDAR
1,109 m³
Parcel 41034D0451/00C000, Flanders · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MPH
since 20182.284.424.729
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41034D0451/00C000 | Flanders | 390 m² | 1 · 154 m² | 11.0 m · 3 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.
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Of 82,218 companies in sector 70200 we hold annual accounts for 52,395. 20,566 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-12-2018
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.