MPM
ActiveSummary
MPM has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €126,143 and a net result of -€1,367. Equity has been stable since 2018 (±1% per year). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 06-10-1995 Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.074.286.503 1390 Grez-Doiceau, since 14-12-1995
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
- PAULUS Charles Jean Isabelle NicolasChair
- PAULUS Laurence Gisèle Nicole MarcelleDirector · since 11-05-2021
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €3,220
- ▲ 23.6%
- Turnover
- ≈ €22,000
- estimated
- Loss
- €1,367
- ▼ 41.2%
- Equity
- €126,143
- ▼ 1.1%
- Total assets
- €169,727
- ▼ 4.7%
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskLast filed accounts filed 31 days late; 2 of the last 3 accounts latelowers riskSize: total assets €169,727Founded in 1995Liquidity: current ratio 2.36, cash €55,943Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 (no NACE code, micro). It does better than 62% of them on solvency, 74% on liquidity, 45% on profitability and 41% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 3 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00500410.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 30 filings
Every figure per financial year
The operating result for 2025 is a loss of €1,035, smaller than the loss of €2,141 in 2024.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €1,170 | - | - | €6,425 |
| Depreciation and write-downs of the year | €3,822 | €4,012 | €3,693 | €3,595 | €3,270 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,591 | €8,921 | €3,601 | €3,822 | €4,012 | €3,693 | €3,595 | €3,270 | ▼ 9.0% |
| Other operating charges640/8 | - | - | - | €58 | €844 | €930 | €1,150 | €985 | ▼ 14.4% |
| Non-recurring operating charges66A | - | - | - | €1,035 | - | - | - | - | - |
| Gross operating margin9900 | €3,864 | €9,013 | €189,452 | -€3,686 | -€5,020 | €4,638 | €2,604 | €3,220 | ▲ 23.6% |
| Operating profit (loss)9901 | -€8,597 | -€1,977 | €177,344 | -€8,601 | -€9,876 | €16 | -€2,141 | -€1,035 | ▲ 51.7% |
| Financial income75/76B | - | - | - | €1,525 | - | - | - | €1 | - |
| Recurring financial income75 | - | - | - | €1,525 | - | - | - | €1 | - |
| Financial charges65/66B | - | - | - | €69 | €149 | €145 | €185 | €333 | ▲ 80.0% |
| Recurring financial charges65 | €238 | €86 | €60 | €69 | €149 | €145 | €185 | €333 | ▲ 80.0% |
| Profit (loss) for the period before taxes9903 | -€8,835 | -€2,062 | €177,285 | -€7,145 | -€10,025 | -€129 | -€2,326 | -€1,367 | ▲ 41.2% |
| Income taxes67/77 | - | - | €30,000 | - | -€1,063 | - | - | - | - |
| Profit (loss) for the period9904 | -€8,835 | -€2,062 | €147,285 | -€7,145 | -€8,962 | -€129 | -€2,326 | -€1,367 | ▲ 41.2% |
| Profit (loss) for the period to be appropriated9905 | -€8,835 | -€2,062 | €147,285 | -€7,145 | -€8,962 | -€129 | -€2,326 | -€1,367 | ▲ 41.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €117,918 | €122,201 | €261,629 | €238,308 | €192,706 | €186,093 | €178,155 | €169,727 | ▼ 4.7% |
| Fixed assets21/28 | €117,019 | €108,097 | €77,582 | €73,760 | €70,918 | €67,225 | €63,630 | €66,783 | ▲ 5.0% |
| Tangible fixed assets22/27 | €117,016 | €108,095 | €77,580 | €73,758 | €70,916 | €67,223 | €63,628 | €66,783 | ▲ 5.0% |
| Land and buildings22 | - | - | - | €73,758 | €69,936 | €66,477 | €63,116 | €66,506 | ▲ 5.4% |
| Furniture and vehicles24 | - | - | - | - | €980 | €746 | €512 | €278 | ▼ 45.7% |
| Financial fixed assets28 | €2 | €2 | €2 | €2 | €2 | €2 | €2 | - | - |
| Current assets29/58 | €899 | €14,104 | €184,047 | €164,548 | €121,788 | €118,868 | €114,524 | €102,943 | ▼ 10.1% |
| Amounts receivable within one year40/41 | €19 | €8,456 | €8,456 | €16,000 | €6,000 | €40,400 | €34,600 | €47,000 | ▲ 35.8% |
| Other amounts receivable41 | - | - | - | €16,000 | €6,000 | €40,400 | €34,600 | €47,000 | ▲ 35.8% |
| Cash at bank and in hand54/58 | €881 | €5,648 | €175,591 | €148,548 | €115,788 | €78,468 | €79,924 | €55,943 | ▼ 30.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €117,918 | €122,201 | €261,629 | €238,308 | €192,706 | €186,093 | €178,155 | €169,727 | ▼ 4.7% |
| Equity10/15 | €849 | -€1,213 | €146,072 | €138,927 | €129,965 | €129,835 | €127,510 | €126,143 | ▼ 1.1% |
| Contributions10/11 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Capital10 | - | - | - | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Issued capital100 | - | - | - | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Reserves13 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Non-distributable reserves130/1 | - | - | - | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Legal reserve130 | - | - | - | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Profit (loss) carried forward14 | -€67,321 | -€69,384 | €77,901 | €70,756 | €61,794 | €61,665 | €59,339 | €57,972 | ▼ 2.3% |
| Amounts payable17/49 | €117,068 | €123,414 | €115,557 | €99,382 | €62,741 | €56,258 | €50,645 | €43,584 | ▼ 13.9% |
| Amounts payable after more than one year17 | €36,500 | €36,500 | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €80,568 | €86,914 | €115,557 | €99,382 | €62,741 | €56,258 | €50,645 | €43,584 | ▼ 13.9% |
| Trade debts44 | €5,722 | €13,307 | €11,950 | €1,512 | €2,571 | - | €387 | €216 | ▼ 44.3% |
| Suppliers440/4 | - | - | - | €1,512 | €2,571 | - | €387 | €216 | ▼ 44.3% |
| Taxes, remuneration and social security45 | - | - | - | €30,000 | - | - | - | - | - |
| Taxes450/3 | - | - | - | €30,000 | - | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €67,870 | €60,170 | €56,258 | €50,258 | €43,368 | ▼ 13.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€8,835 | -€2,062 | €147,285 | -€7,145 | -€8,962 | -€129 | -€2,326 | -€1,367 | ▲ 41.2% |
| + Depreciation and write-downs630 | €11,591 | €8,921 | €3,601 | €3,822 | €4,012 | €3,693 | €3,595 | €3,270 | ▼ 9.0% |
| Operating cash flow (approximation) | €2,757 | €6,859 | €150,885 | -€3,324 | -€4,950 | €3,564 | €1,269 | €1,903 | ▲ 49.9% |
| Investment in fixed assets (approximation) | - | €0 | €26,915 | €0 | -€1,170 | €0 | €0 | -€6,423 | - |
| Change in cash | - | €4,767 | €169,943 | -€27,043 | -€32,761 | -€37,320 | €1,457 | -€23,981 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 12,322 companies had the same profile as MPM has now. Two years later, 90.3% were still going and 0.7% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MPM itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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.
| 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 12,322 companies, not a prediction for MPM. 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.
Latest 10 of 30 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-08-2026 | 2026-00500410 | |
| 31-12-2024 | micro format | 29-09-2025 | 2025-00522285 | |
| 31-12-2023 | micro format | 13-06-2024 | 2024-00133864 | |
| 31-12-2022 | micro format | 25-05-2023 | 2023-00094124 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20405066 | |
| 31-12-2020 | micro format | 28-07-2021 | 2021-42800398 | |
| 31-12-2019 | micro format | 19-08-2020 | 2020-42300133 | |
| 31-12-2018 | micro format | 01-08-2019 | 2019-42900270 | |
| 31-12-2017 | micro format | 10-07-2018 | 2018-31700373 | |
| 31-12-2016 | full format | 22-08-2017 | 2017-49200536 |
Board & ownership
Directors
Board 2
Day-to-day management 1
Owners and capital
Shareholders
- PAULUS Laurence Gisèle Nicole Marcelle 833 shares
- PAULUS Nicolas Jean Victor Pélage 833 shares
- PAULUS Charles Jean Isabelle Nicolas 834 shares
Capital transactions
- 27-03-2024 Capital stated in the deed · 2,500 shares
Mandate history
- Board
- Day-to-day management
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| PAULUS Charles Jean Isabelle Nicolas |
|
| PAULUS Laurence Gisèle Nicole Marcelle |
|
| PAULUS Nicolas Jean Victor Pélage |
|
Articles of association
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Organe d’administration en fonction en collège de liquidateurs, assemblée générale décide seuls,conjointement ou collégialement”
Articles of association, deed of 27-03-2024 (in French)
Network & group
Connections & network
3 connected companiesTimeline
Acts, filings and financial milestones
27-03
Gazette deed
3 directors appointed, 2 reappointedReappointments: PAULUS Charles Jean Isabelle Nicolas (director) and PAULUS Laurence Gisèle Nicole Marcelle (director) · Appointments: PAULUS Nicolas Jean Victor Pélage (director) and PAULUS Charles Jean Isabelle Nicolas (managing director) · Shareholding28 points ▸
- General meeting, 22-03-2024
- Other provision, “Tribunal de l’entreprise du Brabant wallon, registre des personnes morales” (deed in French)
- Other provision, “bureau de l'assemblée” (deed in French)
- PAULUS Laurence Gisèle Nicole Marcelle holds 833 shares
- Other provision, “représentation à l'assemblée”, 833 (deed in French)
- PAULUS Nicolas Jean Victor Pélage holds 833 shares
- PAULUS Charles Jean Isabelle Nicolas holds 834 shares
- Capital
- Other provision, “ordre du jour, délibérer sur l’ordre du jour” (deed in French)
- Other provision, “point 1:adapter les statuts aux dispositions du Code des sociétés et des associations” (deed in French)
- Other provision, “point 2:adopter des statuts nouveaux en concordance avec le Code des sociétés et des associations” (deed in French)
- Other provision, “point 3:démissions et nominations des administrateurs” (deed in French)
- The act holds 16 more points.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
This address was not found in the Belgian address register (BOSA BEST).
Rue d' Enfer 291360 PerwezBuildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25037B0332/00M000 | Wallonia | 423 m² | 1 · 149 m² | 10.8 m · 3 |