MPMA
ActiveSummary
MPMA has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40k and a net result of €-6k. Equity is growing by ~18% per year across the filed fiscal years. Its solvency ranks better than 92% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability2▼-3
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 8.82 against 7.76 in 2024; short-term debt: 6.5% and cash: 14.2% of total assets), and 6.5% of the assets are financed with debt.
Credit check 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
93.5%
Return on assets
-13.3%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-6k
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 03-07-2026, 28 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
28 d early
2024
20 d early
2023
7 d early
2022
12 d early
2021
30 d late
2020
27 d late
2019
31 d late
← 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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€40k▼ 12.5%
2024 · €46k
2019: €5k
2020: €11k
2021: €24k
2022: €44k
2023: €51k
2024: €46k
2019 → 2025
Total assets
€43k▼ 12.9%
2024 · €49k
2019: €9k
2020: €16k
2021: €34k
2022: €63k
2023: €58k
2024: €49k
2019 → 2025
Net result
€-6k▼ 7.7%
2024 · €-5k
2019: €-2k
2020: €6k
2021: €13k
2022: €20k
2023: €-5k
2024: €-5k
2019 → 2025
Working capital
€22k▼ 5.8%
2024 · €23k
2019: €2k
2020: €9k
2021: €14k
2022: €22k
2023: €24k
2024: €23k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€24k-€44k▲ 82.9%€51k▲ 15.8%€46k▼ 10.4%€40k▼ 12.5%
Operating result€17k-€25k▲ 47.7%€-5k€-5k▼ 0.7%€-6k▼ 8.4%
Net result€13k-€20k▲ 51.0%€-5k€-5k▲ 1.2%€-6k▼ 7.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6k in 2025 against €5k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €43k
Fixed assets
€18k ▼ 19.3%
Current assets
€25k ▼ 7.4%
Equity and liabilities €43k
Equity
€40k ▼ 12.5%
Debt
€3k ▼ 18.5%
Debt's share of the balance-sheet total falls from 7.0% to 6.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-1k▼
2024 · €-765
Cash flow
€-1k▼
2024 · €-935
Current ratio
8.82▲
2024 · 7.76
Debt to equity
0.07▼
2024 · 0.07
ROE
-14.3%▼
2024 · -11.6%
ROA
-13.3%▼
2024 · -10.8%
Interest coverage
-8.01▼
2024 · -4.48
Debt ≤ 1 year
€3k▼
2024 · €3k
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 · 35 lines
Balance sheet
Code20242025
Assets
Total assets20/58€49k€43k▼
Fixed assets21/28€23k€18k▼
Tangible fixed assets22/27€23k€18k▼
Land and buildings22€21k€18k▼
Furniture and vehicles24€2k€671▼
Current assets29/58€27k€25k▼
Amounts receivable within one year40/41€20k€19k▼
Trade receivables40€20k€19k▼
Other amounts receivable41€157€0▼
Cash at bank and in hand54/58€7k€6k▼
Deferred charges and accrued income490/1-€20
Equity and liabilities
Total equity and liabilities10/49€49k€43k▼
Equity10/15€46k€40k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€27k€22k▼
Amounts payable17/49€3k€3k▼
Amounts payable within one year42/48€3k€3k▼
Current portion of amounts payable after more than one year42€0-
Trade debts44€853€0▼
Suppliers440/4€853€0▼
Other amounts payable47/48€3k€3k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k=
Other operating charges640/8€836€0▼
Gross operating margin9900€71€-1k▼
Operating profit (loss)9901€-5k€-6k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€171€149▼
Recurring financial charges65€171€149▼
Profit (loss) for the period before taxes9903€-5k€-6k▼
Income taxes67/77€0-
Profit (loss) for the period9904€-5k€-6k▼
Profit (loss) for the period to be appropriated9905€-5k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€27k€22k▼
Profit (loss) brought forward from the previous period14P€33k€27k▼
The notes to these accounts (9 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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series.
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2019net €20k ▲51%
Operating result €25k, net result €20k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Tournai · 1 establishment unit since 2019
Ground area
217 m²
Building footprint
50 m²
Volume, LiDAR
471 m³
Parcel 57462A0051/00S012, Wallonia · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MPMA
since 20192.288.818.235
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57462A0051/00S012 | Wallonia | 217 m² | 1 · 50 m² | 10.8 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 82,553 companies in sector 70200 we hold annual accounts for 52,585. 36,717 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
Founded14-02-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.