MPMN
Open bankruptcyA bankruptcy procedure is open for MPMN according to publications in the Belgian State Gazette; curator: MARC-ALAIN SPEIDEL. The 2025 annual accounts show negative equity (€-14k) and a net result of €-4k.
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-14k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
27 d late
2024
1 d late
2023
5 d late
2022
10 d late
2021
23 d early
2020
40 d early
2019
28 d late
← 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-14k▼ 36.1%
2024 · €-10k
2018: €31k
2019: €35k
2020: €38k
2021: €37k
2022: €19k
2023: €5k
2024: €-10k
2018 → 2025
Total assets
€84k▼ 18.3%
2024 · €103k
2018: €152k
2019: €145k
2020: €94k
2021: €94k
2022: €102k
2023: €123k
2024: €103k
2018 → 2025
Net result
€-4k▲ 75.4%
2024 · €-15k
2018: €6k
2019: €4k
2020: €3k
2021: €-1k
2022: €-18k
2023: €-14k
2024: €-15k
2018 → 2025
Working capital
€22k▼ 23.5%
2024 · €29k
2018: €58k
2019: €35k
2020: €51k
2021: €60k
2022: €61k
2023: €33k
2024: €29k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€37k-€19k▼ 48.9%€5k▼ 75.1%€-10k€-14k▼ 36.1%
Operating result€3k-€-16k€-11k▲ 28.8%€-12k▼ 6.1%€-745▲ 93.7%
Net result€-1k-€-18k▼ 1,442%€-14k▲ 21.5%€-15k▼ 4.8%€-4k▲ 75.4%
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 €745 in 2025 against €12k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €84k
Fixed assets
€2k▲ 4,656%
Current assets
€82k▼ 20.6%
Key figures and ratios
EBITDA
€-574
Cash flow
€-4k
Solvency
-16.6%▼
2024 · -10.0%
Current ratio
1.37▼
2024 · 1.39
Quick ratio
0.12▼
2024 · 0.52
Debt / equity
-7.03▲
2024 · -11.05
ROA
-4.4%▲
2024 · -14.6%
Interest coverage
-0.19
Debt
€98k▼
2024 · €113k
Debt ≤ 1 year
€60k▼
2024 · €74k
Debt > 1 year
€33k▼
2024 · €35k
Staff costs
€44k▲
2024 · €38k
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€103k€84k▼
Fixed assets21/28€50€2k▲
Tangible fixed assets22/27-€2k
Furniture and vehicles24-€2k
Financial fixed assets28€50€50=
Current assets29/58€103k€82k▼
Stocks and contracts in progress3€65k€75k▲
Stocks30/36€65k€75k▲
Amounts receivable within one year40/41€34k€1k▼
Trade receivables40€33k€1k▼
Other amounts receivable41€64€175▲
Cash at bank and in hand54/58€1k€2k▲
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€103k€84k▼
Equity10/15€-10k€-14k▼
Contributions10/11€30k€30k=
Reserves13€3k€3k=
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€-43k€-47k▼
Amounts payable17/49€113k€98k▼
Amounts payable after more than one year17€35k€33k▼
Financial debts170/4€35k€33k▼
Amounts payable within one year42/48€74k€60k▼
Trade debts44€70k€48k▼
Suppliers440/4€70k€48k▼
Advances received on contracts in progress46€157-
Taxes, remuneration and social security45€4k€12k▲
Taxes450/3€391€8k▲
Remuneration and social security454/9€3k€4k▲
Accrued charges and deferred income492/3€4k€5k▲
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€436k€490k▲
Remuneration, social security and pensions62€38k€44k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€171
Other operating charges640/8€282€463▲
Gross operating margin9900€26k€44k▲
Operating profit (loss)9901€-12k€-745▲
Financial income75/76B€5€12▲
Recurring financial income75€5€12▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€-15k€-4k▲
Profit (loss) for the period9904€-15k€-4k▲
Profit (loss) for the period to be appropriated9905€-15k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-43k€-47k▼
Profit (loss) brought forward from the previous period14P€-28k€-43k▼
The notes to these accounts (7 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
17-09
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · MPMN SRL CHAUSSEE DE TUBIZE 487, 1420 BRAINE-L’ALLEUD · event 10-09-2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
01-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 1 day late
2024
05-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 5 days late
2023
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2022
31-12
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
17-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Braine-l'Alleud · 1 establishment unit since 2017
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.
Chaussée de Tubize 4871420 Braine-l'AlleudGround area
1.5 ha
Building footprint
3,245 m²
Volume, LiDAR
28,836 m³
Parcel 25743G0175/00M000, Wallonia · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MPMN
since 20172.265.746.784
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25743G0175/00M000 | Wallonia | 1.5 ha | 1 · 3,245 m² | 10.2 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MARC-ALAIN SPEIDEL CHAUSSEE DE LOUVAIN 523,
1380 LASNE |
10-09-2026 → present |
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Of 1,126 companies in sector 47830 we hold annual accounts for 468. 110 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-05-2017
Fiscal year end31-12
Activities, NACEBEL
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
45402
47830Retail sale of motorcycles and motorcycle parts and accessories
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
45204
45310
46720Wholesale of motor vehicle parts and accessories
95314Bodywork repair (including spraying and painting)
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.