Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Every financial year from 2023 to 2025 closed with a loss. 2024 was the heaviest.
Lower solvency than 95% of companies in advertising and market research. Sector median 53.2% · 9,119 companies.
In July 2024, 7,637 companies had the same profile as MWK Interactive has now. Each dot stands for 20 companies, two years later.
Another 0.8% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 7,637 companies, not a prediction for MWK Interactive. 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.
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.
| Company | ||||
|---|---|---|---|---|
| MWK Interactive Vilvoorde | €4,525 | -€15,784 | -1609.4% | - |
| Sunhills Hasselt | €4,472 | -€18,102 | -1348.1% | - |
| 4R DIGITAL SRL Burdinne | €4,992 | -€3,861 | 74.8% | - |
| COLLECTIV As | €4,109 | -€231 | -17.9% | - |
| GiraSole Lubbeek | €6,223 | -€13,305 | 86.5% | - |
| DINACO Grimbergen | €5,235 | -€1,079 | 43.7% | - |
| HKB Belgium Asse | €3,391 | -€1,579 | -221.8% | - |
These companies have the same main activity as MWK Interactive: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €3,390 and €6,220, founded between 2022 and 2024.
MWK Interactive files the micro format. That format states no turnover. The gross margin rose from -€26,790 in 2023 to -€15,784 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them.
Lower than 95% of 8,805 companies in 2024.
Higher than 8% of 8,500 companies in 2024.
Lower than 95% of 8,597 companies in 2024.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
4,525 | 27,298 | 34,472 | |
21/28 |
239 | 637 | 1,036 | |
22/27 |
239 | 637 | 1,036 | |
24 |
239 | 637 | 1,036 | |
29/58 |
4,286 | 26,660 | 33,436 | |
40/41 |
3,054 | 23,472 | 26,217 | |
40 |
870 | 22,906 | 24,943 | |
41 |
2,185 | 567 | 1,274 | |
50/53 |
0 | - | - | |
54/58 |
1,231 | 3,188 | 7,219 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
4,525 | 27,298 | 34,472 | |
10/15 |
-72,824 | -56,430 | -26,961 | |
10/11 |
100 | 100 | 100 | |
14 |
-72,924 | -56,530 | -27,061 | |
17/49 |
77,348 | 83,728 | 61,433 | |
42/48 |
77,348 | 83,728 | 61,433 | |
44 |
7 | 7,100 | - | |
440/4 |
7 | 7,100 | - | |
46 |
- | 15,706 | 24,943 | |
45 |
465 | 255 | 1,611 | |
450/3 |
465 | 255 | 1,611 | |
47/48 |
76,876 | 60,666 | 34,879 | |
| Income statement | ||||
9900 |
-15,784 | -29,012 | -26,790 | |
630 |
398 | 398 | 160 | |
9901 |
-16,183 | -29,410 | -26,949 | |
75/76B |
29 | 96 | 16 | |
75 |
29 | 96 | 16 | |
65/66B |
239 | 155 | 128 | |
65 |
239 | 155 | 128 | |
9903 |
-16,394 | -29,469 | -27,061 | |
9904 |
-16,394 | -29,469 | -27,061 | |
9905 |
-16,394 | -29,469 | -27,061 | |
| Appropriation of the result | ||||
9906 |
-72,924 | -56,530 | -27,061 | |
14P |
-56,530 | -27,061 | - | |
| Document | ||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 24-08-2026.
2025 annual accounts filed 24 days after the deadline. Filed on 24 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00425642.
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| -15,784 | -29,012 | -26,790 | ||
| -15,995 | -29,070 | -26,902 | ||
| 0 | 0 | 1,195 | ||
| -1,957 | -4,031 | - | ||
| -73,062 | -57,067 | -27,997 | ||
| - | -206.7% | -78.2% | ||
| - | 0.32 | 0.54 | ||
| - | -108.0% | -78.5% | ||
| -65.91 | -187.56 | -209.38 |
The ratios are withheld because a balance sheet total of €4,525 is too small for a meaningful ratio.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | - | - | €1,195 |
| €398 | €398 | €160 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €16,183, smaller than the loss of €29,410 in 2024.
Equity is negative. Debt (€77,348) exceeds the balance-sheet total (€4,525).
MWK Interactive has no parent and no holdings in its annual accounts. is the only director. MWK Interactive shares no director with another company.
| Vereniging van mede-eigenaars op 'T Voor te Vilvoorde, Streekbaan 199A
registered office since 13-02-2003 |
founded in 2003 0818.606.457 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Streekbaan 199A registered office 1800 Vilvoorde | 01-07-2023 | 2.351.428.765 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23088A0170/00N003 | 230 m² | 1 · 195 m² | 14.2 m · 4 |
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