MWB TRADING

Active

Private limited companyfounded 20206 yrs activeHeidestraat(HEU) 33, 9070 Destelbergen, BelgiumKBO/BCE: BE 0743.732.751

The computed 12-month bankruptcy probability of MWB TRADING is 2.0% (moderate). The 2024 annual accounts show equity of €14k and a net result of €-6k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 24% of 15869 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

33 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability16▼-22

Solvency30▼-4

Growth32▼-20

Track record100

Bankruptcy probability, 12 months

2.0% Moderate

0%0.5%1.5%4%10%≥ 25%

No publishable credit limit; credit only on tighter terms

Liquidity tight (current ratio 1.1 against 1.25 in 2023; short-term debt: 85.4% and cash: 11.5% of total assets), and 94.7% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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

Solvency, return and age of the figures

Solvency

5.3%

Return on assets

-2.4%

Age of the figures

21 mo

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 46

Relative position

BE, all sectors

reference

Sector 46

higher

← fewer bankruptcies more bankruptcies →

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 15869 sector peers (2024).

NBB · sector comparison

Position among 15869 sector peers

Solvency

better than 24%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-06-2025, 32 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

not confirmed

2024

32 d early

2023

39 d early

2022

44 d early

2021

12 d late

2020

13 d late

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Equity

€14k▼ 31.0%

2023 · €21k

2020: €14k 2021: €20k 2022: €21k 2023: €21k

2020 → 2024

Total assets

€269k▲ 17.8%

2023 · €229k

2020: €172k 2021: €300k 2022: €251k 2023: €229k

2020 → 2024

Net result

€-6k

2023 · €125

2020: €11k 2021: €5k 2022: €1k 2023: €125

2020 → 2024

Working capital

€24k▼ 47.9%

2023 · €46k

2020: €39k 2021: €45k 2022: €46k 2023: €46k

2020 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€14k-€20k▲ 36.7%€21k▲ 5.1%€21k▲ 0.6%€14k▼ 31.0%

Operating result€16k-€8k▼ 50.6%€2k▼ 76.8%€784▼ 58.2%€-6k

Net result€11k-€5k▼ 53.6%€1k▼ 80.8%€125▼ 87.6%€-6k

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

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2024: a loss of €6k after €784 in 2023, the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €269k

94.3%

Fixed assets €15k

Current assets €254k

Equity and liabilities €269k

94.7%

Equity €14k▼ 31.0%

Debt €255k▲ 22.6%

The debt ratio rises from 90.9% to 94.7%. Equity is lower and debt is higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€-4k

Cash flow

€-5k

Solvency

5.3%▼

2023 · 9.1%

Current ratio

1.10▼

2023 · 1.25

Quick ratio

0.16▲

2023 · 0.11

Debt / equity

17.84▲

2023 · 10.05

ROE

-44.8%▼

2023 · 0.6%

ROA

-2.4%▼

2023 · 0.1%

Interest coverage

-6.67

Debt

€255k▲

2023 · €208k

Debt ≤ 1 year

€230k▲

2023 · €183k

Debt > 1 year

€25k=

2023 · €25k

Income taxes

€0▼

2023 · €285

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€229k€269k▲

Fixed assets21/28-€15k

Tangible fixed assets22/27-€15k

Plant, machinery and equipment23-€15k

Current assets29/58€229k€254k▲

Stocks and contracts in progress3€209k€217k▲

Stocks30/36€209k€217k▲

Amounts receivable within one year40/41€2k€6k▲

Other amounts receivable41€2k€6k▲

Cash at bank and in hand54/58€17k€31k▲

Equity and liabilities

Total equity and liabilities10/49€229k€269k▲

Equity10/15€21k€14k▼

Contributions10/11€3k€3k=

Reserves13€18k€18k=

Distributable reserves133€18k€18k=

Profit (loss) carried forward14€161€-6k▼

Amounts payable17/49€208k€255k▲

Amounts payable after more than one year17€25k€25k=

Other amounts payable178/9€25k€25k=

Amounts payable within one year42/48€183k€230k▲

Trade debts44€126k€153k▲

Suppliers440/4€126k€153k▲

Taxes, remuneration and social security45€624€0▼

Taxes450/3€624€0▼

Other amounts payable47/48€56k€77k▲

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2k

Other operating charges640/8€1k€1k▲

Gross operating margin9900€2k€-3k▼

Operating profit (loss)9901€784€-6k▼

Financial income75/76B€0€50▲

Recurring financial income75€0€50▲

Financial charges65/66B€374€599▲

Recurring financial charges65€374€599▲

Profit (loss) for the period before taxes9903€410€-6k▼

Income taxes67/77€285€0▼

Profit (loss) for the period9904€125€-6k▼

Profit (loss) for the period to be appropriated9905€125€-6k▼

Appropriation of the result

Profit (loss) to be appropriated9906€161€-6k▼

Profit (loss) brought forward from the previous period14P€36€161▲

Transfer to equity691/2€0-

To other reserves6921€0-

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 6Financial 1Filings 5

2025

29-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Weakest financial yearnet €-6k ▼5224%

Net result drops to €-6k, the lowest in the series.

22-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

17-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

12-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 12 days late

2021

13-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 13 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 act for this company is 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, Destelbergen · 1 establishment unit since 2020

establishment The establishment unit on the map

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.

Heidestraat(HEU) 339070 Destelbergen

Ground area

489 m²

Building footprint

116 m²

Volume, LiDAR

663 m³

Parcel 44028B0498/00X002, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

MWB Trading

Heidestraat(HEU) 33, 9070 DestelbergenWholesale trade

since 20202.299.403.014

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44028B0498/00X002	Flanders	488 m²	1 · 116 m²	7.8 m · 2 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.

Public money · subsidies and aid

Flemish government

2022 · 1 entry · 2,700 EUR awarded · 2,700 EUR paid

Year	Entries	awarded	paid
2022	1	2,700 EUR	2,700 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

1 entry · 2,700 EUR · 2,700 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

A.N.S. BENELUX

BE 0457.478.625

Braine-le-Château · Eq €14k

Sint-Pieters-Woluwe · Eq €14k

GLAM CODE

BE 0683.527.425

Sint-Agatha-Berchem · Eq €14k

Of 1,565 companies in sector 46900 we hold annual accounts for 920. 310 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded17-02-2020

Fiscal year end31-12

Activities, NACEBEL

46900Non-specialised wholesale trade

46370Wholesale trade

46392Non-specialised wholesale

46499Wholesale of other household goods

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.