MPN Distribution
ActiveMPN Distribution has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €52k and a net result of €31k. Equity is growing by ~12.6% per year across the filed fiscal years. Its solvency ranks better than 62% of 11209 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+9
Solvency82▲+4
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 2.48 against 2.17 in 2024; short-term debt: 39.6% and cash: 94.6% of total assets), and 42.7% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
57.3%
Return on assets
34%
Age of the figures
9 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 06-07-2026, 25 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
25 d early
2024
41 d late
2023
30 d late
2022
31 d late
2021
3 d early
2020
30 d late
2019
59 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
€52k▲ 67.1%
2024 · €31k
2018: €14k
2019: €28k
2020: €20k
2021: €22k
2022: €20k
2023: €21k
2024: €31k
2018 → 2025
Total assets
€91k▲ 53.3%
2024 · €60k
2018: €55k
2019: €54k
2020: €52k
2021: €44k
2022: €60k
2023: €53k
2024: €60k
2018 → 2025
Net result
€31k▲ 188%
2024 · €11k
2018: €14k
2019: €14k
2020: €11k
2021: €22k
2022: €8k
2023: €8k
2024: €11k
2018 → 2025
Working capital
€53k▲ 74.1%
2024 · €31k
2018: €14k
2019: €28k
2020: €20k
2021: €23k
2022: €21k
2023: €20k
2024: €31k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€22k-€20k▼ 7.0%€21k▲ 1.2%€31k▲ 52.4%€52k▲ 67.1%
Operating result€32k-€21k▼ 35.2%€14k▼ 29.6%€17k▲ 16.9%€47k▲ 176%
Net result€22k-€8k▼ 61.9%€8k▼ 0.3%€11k▲ 30.4%€31k▲ 188%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 176% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €91k
Fixed assets
€2k▼ 33.5%
Current assets
€89k▲ 57.3%
Equity and liabilities €91k
Equity
€52k▲ 67.1%
Debt
€39k▲ 37.9%
The debt ratio falls from 47.4% to 42.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€47k▲
2024 · €17k
Cash flow
€32k▲
2024 · €11k
Solvency
57.3%▲
2024 · 52.6%
Current ratio
2.48▲
2024 · 2.17
Quick ratio
2.48▲
2024 · 2.17
Debt / equity
0.74▼
2024 · 0.90
ROE
59.3%▲
2024 · 34.4%
ROA
34.0%▲
2024 · 18.1%
Interest coverage
36.97▲
2024 · 27.05
Debt
€39k▲
2024 · €28k
Debt ≤ 1 year
€36k▲
2024 · €26k
Income taxes
€14k▲
2024 · €6k
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€60k€91k▲
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Furniture and vehicles24€3k€2k▼
Current assets29/58€57k€89k▲
Amounts receivable within one year40/41€7k€2k▼
Trade receivables40€2k€773▼
Other amounts receivable41€6k€1k▼
Cash at bank and in hand54/58€48k€86k▲
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€60k€91k▲
Equity10/15€31k€52k▲
Contributions10/11€19k€19k=
Reserves13€1k€1k=
Distributable reserves133€1k€1k=
Profit (loss) carried forward14€11k€32k▲
Amounts payable17/49€28k€39k▲
Amounts payable after more than one year17€1k-
Financial debts170/4€1k-
Amounts payable within one year42/48€26k€36k▲
Current portion of amounts payable after more than one year42€2k€1k▼
Trade debts44€4k€2k▼
Suppliers440/4€4k€2k▼
Taxes, remuneration and social security45€21k€22k▲
Taxes450/3€21k€22k▲
Other amounts payable47/48-€10k
Accrued charges and deferred income492/3€545€3k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€398€889▲
Other operating charges640/8€4k€2k▼
Gross operating margin9900€21k€49k▲
Operating profit (loss)9901€17k€47k▲
Financial income75/76B€178€189▲
Recurring financial income75€178€189▲
Financial charges65/66B€639€1k▲
Recurring financial charges65€639€1k▲
Profit (loss) for the period before taxes9903€16k€45k▲
Income taxes67/77€6k€14k▲
Profit (loss) for the period9904€11k€31k▲
Profit (loss) for the period to be appropriated9905€11k€31k▲
Appropriation of the result
Profit (loss) to be appropriated9906€11k€42k▲
Profit (loss) brought forward from the previous period14P€573€11k▲
Profit to be distributed694/7-€10k
Return on contributions (dividend)694-€10k
The notes to these accounts (5 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
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €31k ▲188%
Operating result €47k, net result €31k, both a record.
10-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 41 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €8k ▼0.3%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 59 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2016
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.
Tienne de Mousty 51340 Ottignies-Louvain-la-NeuveGround area
8.0 ha
Building footprint
1.4 ha
Volume, LiDAR
6,956 m³
2 parcels, Wallonia · tallest building 18.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
MPN DISTRIBUTION
since 20162.254.588.420
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92253D0287/00F000 | Wallonia | 7.8 ha | 1 · 1.4 ha | - |
| 25083F0066/00Z005 | Wallonia | 1,624 m² | 1 · 524 m² | 18.4 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Schilder & Decoratiebedrijf Arne Deseure
BE 0823.935.816
Izegem · Eq €52k
MDS Creations
BE 0712.579.816
Asse · Eq €56k
INFINITO
BE 0778.506.954
Sankt Vith · Eq €58k
ENGELS PROSERVICES
BE 0453.628.121
Braine-le-Comte · Eq €46k
WILLEMS KERAMIEK
BE 0644.892.919
Wommelgem · Eq €60k
Of 230 companies in sector 46833 we hold annual accounts for 143. 81 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-06-2016
Fiscal year end31-12
Activities, NACEBEL
46833Wholesale trade
47526Retail trade
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.