MPI Technologies
ActiveFrom the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
MPI Technologies has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €280,012 and a net result of €41,223. Equity is growing by about 36% per year across the filed financial years. Its solvency ranks better than 34% of 21,120 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
Official details
KBO- Status
- Active since 09-08-2021 Normal situation
- Legal form
- Private limited company
- Registered office
- Huinegem 80, 1730 Asse
- Activity
- Computer programming NACE 62100
- Establishment unit
- 2.328.135.897 1730 Asse, since 01-03-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 16-12-2025
How it is doing
- Bankruptcy probabilitywithin 12 months
- 0.8%
- Turnover
- €176,500
- ▼ 7.3%
- Profit
- €41,223
- ▼ 47.3%
- Equity
- €280,012
- ▲ 17.3%
- Total assets
- €690,454
- ▲ 3.9%
Why 68raises risk1 change of registered office in 24 monthsLast filed accounts filed 48 days late; 3 of the last 3 latelowers riskSector: Computer programming, consultancy and related activities (NACE 62)Size: turnover €176,500, total assets €690,454Show the evidence
Checked score
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 62, micro): better than 36% on solvency, 45% on liquidity, 46% on profitability and 50% on growth.
The bankruptcy probability was computed on 31-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 4 accounts on average 29 days after the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
Financials · financial year 2025, micro format
2025 annual accounts filed late (48 days) Filed on 17 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00516651.
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 17-09-2026
- Format
- micro format
- Reference
- 2026-00516651
2022 to 2025, 4 financial years
The operating result falls in 2025; 2025 is 28% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 6,782 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 96.7% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a higher bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,782 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Turnover70 | €114,938 | €190,590 | €190,416 | €176,500 | ▼ 7.3% |
| Goods, raw materials, services and sundry goods60/61 | €34,249 | €89,277 | €59,493 | €68,135 | ▲ 14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €15,932 | €31,864 | ▲ 100% |
| Other operating charges640/8 | €15 | €4,393 | €6 | €91 | ▲ 15× |
| Gross operating margin9900 | €80,689 | €101,312 | €130,922 | €114,366 | ▼ 12.6% |
| Operating profit (loss)9901 | €80,674 | €96,920 | €114,984 | €82,411 | ▼ 28.3% |
| Financial charges65/66B | €85 | €1,715 | €12,792 | €15,259 | ▲ 19.3% |
| Recurring financial charges65 | €85 | €1,715 | €12,792 | €15,259 | ▲ 19.3% |
| Profit (loss) for the period before taxes9903 | €80,590 | €95,205 | €102,192 | €67,151 | ▼ 34.3% |
| Income taxes67/77 | - | €16,251 | €23,947 | €25,928 | ▲ 8.3% |
| Profit (loss) for the period9904 | €80,590 | €78,954 | €78,246 | €41,223 | ▼ 47.3% |
| Profit (loss) for the period to be appropriated9905 | €80,590 | €78,954 | €78,246 | €41,223 | ▼ 47.3% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €88,983 | €197,648 | €664,509 | €690,454 | ▲ 3.9% |
| Fixed assets21/28 | - | €173,000 | €635,032 | €603,168 | ▼ 5.0% |
| Tangible fixed assets22/27 | - | €173,000 | €635,032 | €603,168 | ▼ 5.0% |
| Land and buildings22 | - | €173,000 | €635,032 | €603,168 | ▼ 5.0% |
| Current assets29/58 | €88,983 | €24,648 | €29,477 | €87,287 | ▲ 196% |
| Amounts receivable within one year40/41 | €28,201 | €23,838 | €24,633 | €11,254 | ▼ 54.3% |
| Trade receivables40 | €27,146 | €19,269 | €18,501 | €11,254 | ▼ 39.2% |
| Other amounts receivable41 | €1,055 | €4,569 | €6,132 | - | - |
| Cash at bank and in hand54/58 | €60,782 | €810 | €4,843 | €67,530 | ▲ 14× |
| Deferred charges and accrued income490/1 | - | - | - | €8,502 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €88,983 | €197,648 | €664,509 | €690,454 | ▲ 3.9% |
| Equity10/15 | €81,590 | €160,543 | €238,789 | €280,012 | ▲ 17.3% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Profit (loss) carried forward14 | €80,590 | €159,543 | €237,789 | €279,012 | ▲ 17.3% |
| Amounts payable17/49 | €7,393 | €37,104 | €425,720 | €410,442 | ▼ 3.6% |
| Amounts payable after more than one year17 | - | - | €383,533 | €363,040 | ▼ 5.3% |
| Financial debts170/4 | - | - | €383,533 | €363,040 | ▼ 5.3% |
| Amounts payable within one year42/48 | €7,393 | €37,104 | €42,187 | €47,403 | ▲ 12.4% |
| Trade debts44 | €471 | €450 | €572 | €704 | ▲ 23.0% |
| Suppliers440/4 | €471 | €450 | €572 | €704 | ▲ 23.0% |
| Taxes, remuneration and social security45 | €6,923 | €6,654 | €11,615 | €46,338 | ▲ 299% |
| Taxes450/3 | - | - | - | €26,732 | - |
| Remuneration and social security454/9 | €6,923 | €6,654 | €11,615 | €19,607 | ▲ 68.8% |
| Other amounts payable47/48 | - | €30,000 | €30,000 | €360 | ▼ 98.8% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €80,590 | €78,954 | €78,246 | €41,223 | ▼ 47.3% |
| + Depreciation and write-downs630 | - | - | €15,932 | €31,864 | ▲ 100% |
| Operating cash flow (approximation) | €80,590 | €78,954 | €94,178 | €73,088 | ▼ 22.4% |
| Investment in fixed assets (approximation) | - | - | -€477,964 | €0 | - |
| Change in cash | - | -€59,972 | €4,034 | €62,687 | ▲ 16× |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
How the board is organised
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 12. Externe vertegenwoordiging De vennootschap is verbonden door de handelingen van het bestuursorgaan, van de personen aan wie het…”
- Board ruleHow the board is made up, meets and takes decisions.
- “1, algemene of bijzondere algemene vergadering die benoemt bepaalt aantal,duur opdracht en bij meerdere bestuurders bevoegdheid”“Vergoeding bestuurders, algemene kosten los van representatie-,reis- en verplaatsingskosten”
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, algemene vergadering”
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed
Articles of association, deed of 16-10-2025
Owners and capital
Capital and shareholders
- 16-10-2025 Capital stated in the deed · 100 shares
Shares according to the articles of association
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam met vermeldingen voorgeschreven door Wetboek van vennootschappen en verenigingen”
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Aandelen van een aandeelhouder, overgang door overlijden zonder goedkeuring”
Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
Articles of association, deed of 16-10-2025 (in Dutch)
Group and network
Connections & network
See the function holders in the KBO register.
History
Acts, filings and financial milestones
16-10
Gazette deed
Purpose · Amendment of the articles · MiscellaneousRegistered-office move · Capital · Purpose change6 facts ▸
- General meeting, 24-06-2025
- Registered-office move
- Amendment of the articles (2 times)
- Capital
- Other provision, “kennisname bijzonder verslag uitbreiding voorwerp, bijzonder verslag bestuursorgaan van heden voorafgaand dezer” (deed in Dutch)
- Purpose change
22-07
Gazette deed
Registered office · Amendment of the articlesRegistered-office move · Kind of shares4 facts ▸
- General meeting, 24, “buitengewone algemene vergadering van de enige aandeelhouder” (deed in Dutch)
- Registered-office move
- Kind of shares, “aandelen, schrapping nominale waarde” (deed in Dutch)
- Amendment of the articles
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordWhere it is based
What it does
NACEBEL 2025Invoicing and payment
Financial year and general meeting
Accounts at the NBBScores and ratios are computed by Checked and are not a credit decision.
Purpose, financial year and meetings according to the articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Hard- en software, informaticasector, programmeer (talen), diensten web design en java technologie; Algemene voeding; Slagerij…”
22 activities
- Hard- en software, informaticasector, programmeer (talen), diensten web design en java technologie;
- Algemene voeding;
- Slagerij;
- Sportartikelen;
- Verrichten van alle activiteiten die verband houden met de hotelsector, restaurant, drankgelegenheid, zoals met name de uitbating van hotels, tavernes, cafés, theesalon, winkel, snackbar;
- Algemene voeding, textielmarkt, groothandel en detailhandel;
- Carwash en tankstation, dag- en nachtwinkel;
- Import en export;
- Investeringen in muziek en dans, teneinde te componeren, produceren, bevorderen en verspreiden, in al haar vormen, muziekwerken en alle afgeleide media (video, afgeleide producten, etcetera) en/of optreden (in één of andere vorm van muziekvoorstelling) van artiesten;
- Organisatie van evenementen in de ruime zin van het woord;
- Administratiediensten, consulting, immigratie, burgerlijke geschillen, lotto en krantenwinkel;
- De uitbating in het algemeen van supermarkten en de handel in het algemeen onder alle vormen alsook marktkramen, zowel groothandel als detailhandel, hieronder begrepen aankoop en verkoop, de import, de productie, het onderhoud, het herstel en de commercialisering, met name zonder dat deze opsomming uitputtend is: alle textielartikelen, leder of synthetische kunstleer en diverse kleding, nieuw of tweedehands, schoenen, sportartikelen; alle voedingsproducten in het algemeen alsook dranken; allerhande huishoudtoestellen, onderhoudsproducten en drogisterij, verwarming en allerhande brandstoffen; bloemen, divers speelgoed, alle artikelen die verband houden met het audiovisuele, informatica en kantoor, huishoudelijke apparaten evenals videocassettes, cd-rom, dvd en andere media op eender welke informatiedrager; algemene voeding en boekhandel evenals alle daarvan afgeleide diensten (nationale loterij,...), zonnebank, kapsalon, schoonheidssalon;
- Nachtclub, evenals de handel onder alle vormen van consumptiegoederen en rookwaren en meer bepaald kant-en-klare maaltijden om ter plaatse te consumeren, om mee te nemen of om te leveren aan huis, hierin begrepen traiteursdiensten;
- De uitbating van andere soortgelijke inrichtingen evenals de uitbating van een kapsalon, manicure, pedicure en schoonheidssalon;
- Vervoer, koerier, levering;
- De dienstverlening met betrekking tot onroerend goed, bouw en renovatie;
- De groothandel en detailhandel in communicatiediensten, herstel, internet, informatica en hardware en software;
- De dienstverlening van opleiding, advies, krantenbedeling en dagelijks beheer;
- De handel in het algemeen zowel groothandel als detailhandel, hierin inbegrepen meer bepaald de aankoop, de verkoop, de import, de export, het transport, het onderhoud, het herstel, de verhuur, de leasing, de handelsvertegenwoordiging van alle mogelijke autovoertuigen;
- De uitbating van een benzinestation, groothandel en detailhandel in alle aardolieproducten, carwash, hierin begrepen de reiniging van alle voertuigen (vrachtwagens, auto's en dergelijke meer), carrosserie, werkplaats en garage, alle noodzakelijke diensten voor de goedkeuring van een voertuig door een orgaan dat verantwoordelijk is voor de technische controle, en met name de aanbieding van het voertuig bij de keuringscentra, alsmede alle noodzakelijke diensten voor het transport van voertuigen;
- De uitoefening van alle activiteiten relevant voor de drukkerijsector en voor de reproductie op elk medium, zoals met name de uitbating van een copycenter;
- De uitoefening van alle activiteiten en alle dienstverrichtingen op het vlak van telecommunicatie, informatieverwerking en -overdracht, zoals meer bepaald de ontwikkeling, de verspreiding en het beheer van software of uitzendsystemen, op elk computermedium, evenals de uitbating en het beheer telefooncellen en een cybercafé, kapsalon, estheticien, dienstencheques.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- MPI Technologies
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bestuursorgaan”
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Thursday of June
Articles of association, deed of 16-10-2025 (in Dutch)
Environmental permits
Source: Omgevingsloket Vlaanderen.
Sites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23322B0393/00H000 | Flanders | 1,134 m² | - | - |