Equity
€18,815 from €392,853 in 2018
Equity fell by 95% in 7 years.
MRO PROJECTS
Lifetime
12 annual accounts with figures on one time axispeak €361,411 (2019)
€132,105▼ 19.0%
peak €243,190 (2019)
€76,745▼ 20.0%
peak €392,853 (2018)
€18,815▼ 14.7%
€249,572▲ 2.6%
peak 0.4 FTE (2020)
0.4 FTEunchanged
Board1 name since 2020
1 directorROSSIGNON Michel Roland Robert
Documentsfilings and deeds
18-03-2026135 days before the deadline
2025financial year
Gross margin from €163,072 to €132,105Dividend €80,000Equity from €22,070 to €18,815
Key points
from the 2025 annual accountsChecked score
86
Excellent
Financially stronger than 42% of micro companies in office administrative support (NACE 82)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.2%▲ +0.1 percentage points vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026highest value
05-2026: 0.2%● unchanged vs 04-2026highest value
06-2026: 0.2%● unchanged vs 05-2026highest value
07-2026: 0.2%● unchanged vs 06-2026highest value
08-2026: 0.2%● unchanged vs 07-2026highest value
09-2026: 0.2%● unchanged vs 08-2026highest value
10-2026: 0.2%● unchanged vs 09-2026highest value
11-2026: 0.2%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Equity €18,815 (7.0% of total assets)
Profit of €76,745 (financial year 2025)
lowers risk
Liquidity: current ratio 1.07, cash €126,248
Sector: Office administrative, office support and other business support activities (NACE 82)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, micro). It does better than 19% of them on solvency, 37% on liquidity, 87% on profitability and 24% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,325 companies had the same profile as MRO PROJECTS has now. Each dot stands for 4 companies, two years later.
95.2%
were still trading
3.2%
stopped another way
1.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MRO PROJECTS itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 1,325 companies, not a prediction for MRO PROJECTS. 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
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.07 (1.09 in 2024), below the usual 1.5. Short-term debt is 93% and cash 47% of total assets. 93% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 1168 sector peers (2025).
NBB · sector comparisonPosition among 1168 sector peers
Solvency
better than 15%
← weakest
strongest →
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 18-03-2026, 135 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
135 days early
2024
97 days early
2023
26 days early
2022
4 days early
2021
30 days early
2020
23 days early
2019
22 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 48 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 July (4 of the last 5 accounts filed within 67 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0546620239
Resignation: ROSSIGNON Michel Roland Robert (manager)
Reappointment: ROSSIGNON Michel Roland Robert (director) · General meeting of 09-11-2020 · Gazette deed
Incorporation
published on 26-02-2014 · Gazette deed
First establishment
Rue du Poteau,Harsin 48, Nassogne
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MRO PROJECTS Nassogne | €268,387 | €132,105 | 7.0% | 0.4 |
| CUYPERS CONSULT Kasterlee | €275,997 | €121,460 | 76.8% | 1 |
| Zehr Oud-Heverlee | €240,695 | €153,203 | 91.4% | 0 |
| ALPACATECH Kortenberg | €241,137 | €142,919 | 17.6% | 0 |
| Rebucon Gistel | €414,479 | €94,095 | 35.1% | 0 |
| FARMA KRONENHOEK Sint-Gillis-Waas | €171,092 | €103,894 | 37.8% | 0 |
| VANDERHASSELT CONSULTING Ternat | €451,311 | €178,873 | 25.2% | 0 |
These companies have the same main activity as MRO PROJECTS: other business support services (NACE 82990). They are comparable in size and age: total assets between €171,000 and €451,000, founded between 2013 and 2017.
Official details
Source: KBO- Status
- Active since 13-02-2014Normal situation
- Activity
- Other business support servicesNACE 82990and 1 other
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2023
- Establishment unit
- 2.227.115.5456950 Nassogne, since 13-02-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 28-11-2025
Annual accounts 2025
- ≈ €200,000estimated
- €268,387▲ 1.2%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 18-03-2026, 135 days before the end of the filing period
Insights on MRO PROJECTS
MRO PROJECTS has existed since 2014. The gross margin fell from €361,411 in 2019 to €90,065 in 2020, while staff rose from 0.2 to 0.4 full-time equivalents.
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 MRO PROJECTS
- What is the company number of MRO PROJECTS?
- The company number of MRO PROJECTS is 0546.620.239. The VAT number is the same number with BE in front: BE 0546.620.239.
- Where is MRO PROJECTS based?
- The registered office is at Rue du Poteau,Harsin 48, 6950 Nassogne.Company details
- What does MRO PROJECTS do?
- According to the KBO register, the main activity is other business support services (NACE 82990).
- What is the legal form of MRO PROJECTS?
- MRO PROJECTS is a private limited company (BV).
- When was MRO PROJECTS founded?
- MRO PROJECTS was founded on 13-02-2014.
- Is MRO PROJECTS still active?
- Yes, MRO PROJECTS is an active enterprise in the KBO register.
- How many employees does MRO PROJECTS have?
- MRO PROJECTS had an average of 0.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does MRO PROJECTS fall under?
- In its 2023 annual accounts, MRO PROJECTS states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of MRO PROJECTS?
- The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €132,105 and 31 comparable companies (NACE 82990). It probably lies between €160,000 and €280,000.
- Is MRO PROJECTS profitable?
- In financial year 2025, MRO PROJECTS made a profit of €76,745.
- Where can I find the annual accounts of MRO PROJECTS?
- MRO PROJECTS filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MRO PROJECTS due?
- MRO PROJECTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.