MRO Project is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €103k and a net result of €8k. Equity is growing by ~20.1% per year across the filed fiscal years. Its solvency ranks better than 66% of 8006 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-09-2025, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
7 d early
2023
8 d early
2022
3 d early
2021
9 d early
2020
25 d early
2019
28 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close19-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€103k▲ 8.7%
2024 · €95k
2019: €18k
2020: €35k
2021: €52k
2022: €74k
2023: €85k
2024: €95k
2019 → 2025
Net result
€8k▼ 15.0%
2024 · €10k
2019: €5k
2020: €18k
2021: €16k
2022: €22k
2023: €12k
2024: €10k
2019 → 2025
Total assets
€147k▼ 1.5%
2024 · €150k
2019: €29k
2020: €50k
2021: €61k
2022: €86k
2023: €146k
2024: €150k
2019 → 2025
Solvency
70.1%▲ 6.6pp
2024 · 63.6%
2019: 62.7%
2020: 71.0%
2021: 85.5%
2022: 86.4%
2023: 58.5%
2024: 63.6%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€52k-€74k▲ 43.1%€85k▲ 15.1%€95k▲ 11.4%€103k▲ 8.7%
Operating result€24k-€33k▲ 35.4%€20k▼ 38.7%€19k▼ 6.2%€16k▼ 15.1%
Net result€16k-€22k▲ 36.1%€12k▼ 44.8%€10k▼ 21.3%€8k▼ 15.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 15% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €147k
Fixed assets
€60k=
Current assets
€87k▼ 2.5%
Equity and liabilities €147k
Equity
€103k▲ 8.7%
Debt
€44k▼ 19.3%
The debt ratio falls from 36.4% to 29.9%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
70.1%▲
2024 · 63.6%
ROE
8.0%▼
2024 · 10.2%
ROA
5.6%▼
2024 · 6.5%
Debt
€44k▼
2024 · €54k
Debt ≤ 1 year
€16k▼
2024 · €18k
Debt > 1 year
€28k▼
2024 · €37k
Income taxes
€6k▼
2024 · €7k
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€150k€147k▼
Fixed assets21/28€60k€60k=
Financial fixed assets28€60k€60k=
Current assets29/58€90k€87k▼
Amounts receivable within one year40/41€36k€50k▲
Trade receivables40€26k€40k▲
Other amounts receivable41€10k€10k▲
Cash at bank and in hand54/58€53k€37k▼
Deferred charges and accrued income490/1€187€105▼
Equity and liabilities
Total equity and liabilities10/49€150k€147k▼
Equity10/15€95k€103k▲
Contributions10/11€12k€12k=
Reserves13€83k€91k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€81k€89k▲
Amounts payable17/49€54k€44k▼
Amounts payable after more than one year17€37k€28k▼
Financial debts170/4€37k€28k▼
Amounts payable within one year42/48€18k€16k▼
Current portion of amounts payable after more than one year42€8k€9k▲
Financial debts43€2k€2k▲
Credit institutions430/8€2k€2k▲
Trade debts44€5k€5k▼
Suppliers440/4€5k€5k▼
Taxes, remuneration and social security45€1k€62▼
Taxes450/3€1k€62▼
Other amounts payable47/48€724-
Income statement
Code20242025
Other operating charges640/8€483€607▲
Gross operating margin9900€19k€17k▼
Operating profit (loss)9901€19k€16k▼
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€17k€14k▼
Income taxes67/77€7k€6k▼
Profit (loss) for the period9904€10k€8k▼
Profit (loss) for the period to be appropriated9905€10k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€10k€8k▼
Transfer to equity691/2€10k€8k▼
To the legal reserve6920€10k€8k▼
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
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Equity above €100kEq €103k ▲8.7%
7 profitable years in a row build equity to €103k.
2024
24-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
23-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Highest result since 2019net €22k ▲36.1%
Operating result €33k, net result €22k, both a record.
2021
22-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Liquidity doublescurrent ratio 6.61
Current ratio from 3.12 to 6.61; short-term debt falls from €14k to €9k.
2020
06-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
03-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
24-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
02-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
12-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Houthalen-Helchteren · 1 establishment unit since 2013
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.
Brelaarschansweg 93530 Houthalen-HelchterenGround area
928 m²
Building footprint
167 m²
Volume, LiDAR
718 m³
Parcel 72453F0572/00B000, Flanders · tallest building 6.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MRO Project
since 20132.221.654.643
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72453F0572/00B000 | Flanders | 928 m² | 1 · 167 m² | 6.3 m · 1 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 807 companies in sector 64999 we hold annual accounts for 484. 317 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-08-2013
Fiscal year end31-03
Activities, NACEBEL
64999Other financial services
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.