Turnover
≈ €250,000 estimated
The abbreviated format states no turnover.
MPROVE
Lifetime
3 annual accounts with figures on one time axispeak €121,657 (2023)
€84,500▲ 5.4%
peak €53,814 (2023)
€33,451▼ 5.1%
peak €127,520 (2025)
€127,520▲ 35.6%
€112,365▼ 24.0%
Board1 name since 2022
1 director
Documentsfilings and deeds
28-08-202628 days late
2025abbreviated format
Equity from €94,069 to €127,520Debts from €147,805 to €112,365
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 39,326 companies had the same profile as MPROVE has now. Each dot stands for 99 companies, two years later.
95.7%
were still trading
2.4%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 39,326 companies, not a prediction for MPROVE. 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.
Credit verdict
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Signals
Recent changes
Incorporation
Founding capital of €5,000, 100 shares · Founder: · Appointment: (statutory director) · published on 27-04-2022 · Gazette deed
First establishment
Korte Werf 21, Poperinge
Official details
Source: KBO- Status
- Active since 25-04-2022Normal situation
- Activity
- “Het uitbaten van een praktijk in kinesitherapie en motorische revalidatie.” (deed in Dutch)From the articles, 6 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.331.194.7638970 Poperinge, since 25-04-2022
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on MPROVE
MPROVE files the abbreviated format. That format states no turnover. The gross margin fell from €121,657 in 2023 to €84,500 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MPROVE
- What is the company number of MPROVE?
- The company number of MPROVE is 0785.360.894. The VAT number is the same number with BE in front: BE 0785.360.894.
- Where is MPROVE based?
- The registered office is at Korte Werf 21, 8970 Poperinge.Company details
- What is the legal form of MPROVE?
- MPROVE is a private limited company (BV).
- When was MPROVE founded?
- MPROVE was founded on 25-04-2022.
- Is MPROVE still active?
- Yes, MPROVE is an active enterprise in the KBO register.
- What is the turnover of MPROVE?
- The turnover in financial year 2025 is ≈ €250,000. This figure is estimated from the gross margin of €84,500 and 987 comparable companies of the same size. It probably lies between €150,000 and €490,000. It is a rough estimate.Financials
- Is MPROVE profitable?
- In financial year 2025, MPROVE made a profit of €33,451.
- Where can I find the annual accounts of MPROVE?
- MPROVE filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MPROVE due?
- MPROVE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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