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MRY Solutions

Active
Private limited companyfounded 2022active for 4 yearsRue de la Belle-Jardinière 406, 4031 Liège, BelgiumKBO/BCE: BE 0787.828.258
Summary

MRY Solutions has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €215,209 and a net result of €14,620. Equity is growing by about 15% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, micro format

Equity
€215,209▲ 7.3%
2024 · €200,589
Total assets
€252,428▼ 0.8%
2024 · €254,394
Net result
€14,620▼ 15.6%
2024 · €17,332
Working capital
€193,352▲ 21.0%
2024 · €159,754
Trend over the years

2022 to 2025, 4 financial years

The operating result recovers in 2025; 2025 is 35% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€11,302 2025 Net result€14,620 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Operating result€116,763-€112,863▼ 3.3%€8,364▼ 92.6%€11,302▲ 35.1%
Net result€91,893-€90,365▼ 1.7%€17,332▼ 80.8%€14,620▼ 15.6%
Equity€92,893-€183,257▲ 97.3%€200,589▲ 9.5%€215,209▲ 7.3%
Total assets€118,632-€253,526▲ 114%€254,394▲ 0.3%€252,428▼ 0.8%
Debt€25,739-€70,269▲ 173%€53,805▼ 23.4%€37,219▼ 30.8%
Working capital€26,862-€131,846▲ 391%€159,754▲ 21.2%€193,352▲ 21.0%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €252,428
Fixed assets €21,857 ▼ 46.5%
Current assets €230,571 ▲ 8.0%
Equity and liabilities €252,428
Equity €215,209 ▲ 7.3%
Debt €37,219 ▼ 30.8%
Debt's share of the balance-sheet total falls from 21.2% to 14.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€30,281▲
2024 · €25,831
Cash flow
€33,599▼
2024 · €34,798
Current ratio
6.19▲
2024 · 3.97
Debt to equity
0.17▼
2024 · 0.27
ROE
6.8%▼
2024 · 8.6%
ROA
5.8%▼
2024 · 6.8%
Interest coverage
58.96▲
2024 · 47.75
Debt ≤ 1 year
€37,219▼
2024 · €53,805
Income taxes
€7,273▲
2024 · €1,925
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% 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 497,475 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% 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 39,278 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 · 2025 against 2024 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€254,394€252,428▼
Fixed assets21/28€40,835€21,857▼
Intangible fixed assets21€32,000€16,000▼
Tangible fixed assets22/27€8,835€5,857▼
Land and buildings22€6,805€5,166▼
Furniture and vehicles24€2,030€691▼
Current assets29/58€213,559€230,571▲
Amounts receivable within one year40/41€213,129€228,896▲
Trade receivables40€6,769€6,590▼
Other amounts receivable41€206,360€222,306▲
Cash at bank and in hand54/58€430€1,676▲
Equity and liabilities
Total equity and liabilities10/49€254,394€252,428▼
Equity10/15€200,589€215,209▲
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€199,589€214,209▲
Amounts payable17/49€53,805€37,219▼
Amounts payable within one year42/48€53,805€37,219▼
Trade debts44€8,438€3,512▼
Suppliers440/4€8,438€3,512▼
Taxes, remuneration and social security45€45,367€33,707▼
Taxes450/3€45,367€33,707▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,467€18,978▲
Other operating charges640/8€387€400▲
Gross operating margin9900€26,218€30,680▲
Operating profit (loss)9901€8,364€11,302▲
Financial income75/76B€11,434€11,105▼
Recurring financial income75€11,434€11,105▼
Financial charges65/66B€541€514▼
Recurring financial charges65€541€514▼
Profit (loss) for the period before taxes9903€19,257€21,894▲
Income taxes67/77€1,925€7,273▲
Profit (loss) for the period9904€17,332€14,620▼
Profit (loss) for the period to be appropriated9905€17,332€14,620▼
Appropriation of the result
Profit (loss) to be appropriated9906€199,589€214,209▲
Profit (loss) brought forward from the previous period14P€182,257€199,589▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,042€16,691€17,467€18,978▲ 8.7%
Other operating charges640/8-€383€387€400▲ 3.2%
Gross operating margin9900€132,804€129,936€26,218€30,680▲ 17.0%
Operating profit (loss)9901€116,763€112,863€8,364€11,302▲ 35.1%
Financial income75/76B-€5,573€11,434€11,105▼ 2.9%
Recurring financial income75-€5,573€11,434€11,105▼ 2.9%
Financial charges65/66B€93€0€541€514▼ 5.1%
Recurring financial charges65€93€0€541€514▼ 5.1%
Profit (loss) for the period before taxes9903€116,670€118,436€19,257€21,894▲ 13.7%
Income taxes67/77€24,777€28,071€1,925€7,273▲ 278%
Profit (loss) for the period9904€91,893€90,365€17,332€14,620▼ 15.6%
Profit (loss) for the period to be appropriated9905€91,893€90,365€17,332€14,620▼ 15.6%
Line2022202320242025Change
Assets
Total assets20/58€118,632€253,526€254,394€252,428▼ 0.8%
Fixed assets21/28€66,030€51,412€40,835€21,857▼ 46.5%
Intangible fixed assets21€64,000€48,000€32,000€16,000▼ 50.0%
Tangible fixed assets22/27€2,030€3,412€8,835€5,857▼ 33.7%
Land and buildings22--€6,805€5,166▼ 24.1%
Furniture and vehicles24€2,030€3,412€2,030€691▼ 66.0%
Current assets29/58€52,601€202,114€213,559€230,571▲ 8.0%
Amounts receivable within one year40/41€29,984€196,943€213,129€228,896▲ 7.4%
Trade receivables40-€13,172€6,769€6,590▼ 2.6%
Other amounts receivable41€29,984€183,771€206,360€222,306▲ 7.7%
Cash at bank and in hand54/58€22,618€5,171€430€1,676▲ 290%
Equity and liabilities
Total equity and liabilities10/49€118,632€253,526€254,394€252,428▼ 0.8%
Equity10/15€92,893€183,257€200,589€215,209▲ 7.3%
Contributions10/11€1,000€1,000€1,000€1,000=
Profit (loss) carried forward14€91,893€182,257€199,589€214,209▲ 7.3%
Amounts payable17/49€25,739€70,269€53,805€37,219▼ 30.8%
Amounts payable within one year42/48€25,739€70,269€53,805€37,219▼ 30.8%
Trade debts44€563€9,923€8,438€3,512▼ 58.4%
Suppliers440/4€563€9,923€8,438€3,512▼ 58.4%
Taxes, remuneration and social security45€25,176€60,346€45,367€33,707▼ 25.7%
Taxes450/3€25,176€60,346€45,367€33,707▼ 25.7%
Line2022202320242025Change
Profit (loss) for the period9904€91,893€90,365€17,332€14,620▼ 15.6%
+ Depreciation and write-downs630€16,042€16,691€17,467€18,978▲ 8.7%
Operating cash flow (approximation)€107,934€107,055€34,798€33,599▼ 3.4%
Investment in fixed assets (approximation)--€2,072-€6,890€0-
Change in cash--€17,446-€4,742€1,246-

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

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference
31-12-2025 micro format 28-07-2026 2026-00340954
31-12-2024 micro format 24-06-2025 2025-00169390
31-12-2023 micro format 19-10-2024 2024-00509998
31-12-2022 micro format 31-12-2023 2024-00544525

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.