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MR-Line

Active
Private limited companyfounded 20232 yrs activeGravin van Vlaanderenstraat 60, 1020 Brussel, BelgiumKBO/BCE: BE 1003.885.959
Summary

The computed 12-month bankruptcy probability of MR-Line is 8.3% (elevated). The 2024 annual accounts show equity of €1,051 and a net result of -€449. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability0
Solvency93
Growth-
Track record67
Bankruptcy probability, 12 months
8.3% Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
balance sheet total too small for a liquidity verdict.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2024
Age of the figures
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 1 filing
Deviation from the deadline
2024
61 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2024 accounts 61 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 26 December 2023, MR-Line was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€1,051
Total assets
€1,536
Net result
-€449
Working capital
€1,051

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €1,536
Equity €1,051
Debt €485
Debt finances 31.6% of the balance-sheet total.
Key figures and ratios
2024 value
Debt ≤ 1 year
€485
Ratios withheld: a balance sheet total of €1,536 is too small for a meaningful ratio.

Peer companies

Historical observation

Of the 3,225 companies that looked in July 2024 the way this one looks now, 3.3% went bankrupt within 24 months and 88% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
3.3% went bankrupt
8.7% stopped otherwise
88% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 8.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,225 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 23 lines
Balance sheet Code2024
Assets
Total assets20/58€1,536
Current assets29/58€1,536
Amounts receivable within one year40/41€1,500
Other amounts receivable41€1,500
Cash at bank and in hand54/58€36
Equity and liabilities
Total equity and liabilities10/49€1,536
Equity10/15€1,051
Contributions10/11€1,500
Profit (loss) carried forward14-€449
Amounts payable17/49€485
Amounts payable within one year42/48€485
Trade debts44€30
Suppliers440/4€30
Other amounts payable47/48€455
Income statement Code2024
Other operating charges640/8€96
Gross operating margin9900-€291
Operating profit (loss)9901-€387
Financial charges65/66B€63
Recurring financial charges65€63
Profit (loss) for the period before taxes9903-€449
Profit (loss) for the period9904-€449
Profit (loss) for the period to be appropriated9905-€449
Appropriation of the result
Profit (loss) to be appropriated9906-€449

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Other operating charges640/8€96
Gross operating margin9900-€291
Operating profit (loss)9901-€387
Financial charges65/66B€63
Recurring financial charges65€63
Profit (loss) for the period before taxes9903-€449
Profit (loss) for the period9904-€449
Profit (loss) for the period to be appropriated9905-€449
Line2024
Assets
Total assets20/58€1,536
Current assets29/58€1,536
Amounts receivable within one year40/41€1,500
Other amounts receivable41€1,500
Cash at bank and in hand54/58€36
Equity and liabilities
Total equity and liabilities10/49€1,536
Equity10/15€1,051
Contributions10/11€1,500
Profit (loss) carried forward14-€449
Amounts payable17/49€485
Amounts payable within one year42/48€485
Trade debts44€30
Suppliers440/4€30
Other amounts payable47/48€455
Line2024
Profit (loss) for the period9904-€449
Operating cash flow (approximation)-€449

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
NBB filing
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
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
692 m²
Building footprint
604 m²
Volume, LiDAR
7,982 m³
2 parcels, Brussels · tallest building 22.4 m, ±6 floors. Linked by address, not a title deed.
8 companies at this address See who is registered here
1 establishment unit
MR-Line
Tivolistraat 23, 1020 BrusselNon-scheduled passenger transport by road
since 2023unit no. 2.353.488.927
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21815D0119/00H003 Brussels 421 m² 1 · 339 m² 22.4 m · 6 fl.
21815D0219/00Z002 Brussels 271 m² 1 · 264 m² 17.8 m · 1 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Company details

Identification
Legal formPrivate limited company
Founded26-12-2023
Fiscal year end31-12
Contact
E-mail Rlachgar@gmail.com
Phone 0486405059
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.