MXBC
ActiveSummary
MXBC has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €380,950 and a net result of €125,158. Equity has been growing by about 54% per year since 2023. Its solvency ranks better than 83% of 39,272 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 21-12-2022 Normal situation
- Registered office
- 14 active companies are registered at this address 2 started in the 12 months before. Source: KBO register, as of 2 November 2026.
- Activity
- Business and other management consultancy NACE 70200and 2 others
- Establishment unit
- 2.339.998.207 3090 Overijse, since 01-01-2023
- Financial year end
- 30 June
- Peppol
- Reachable since 14-12-2025
Board and ownership
Board
- BACCAERT, Maxime Raymond Roger Patrick BenjaminDirector · since 20-12-2022
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
Annual accounts to 30-06-2025
- Gross margin
- €157,707
- ▼ 22.0%
- Turnover
- ≈ €270,000
- estimated
- Profit
- €125,158
- ▼ 17.6%
- Equity
- €380,950
- ▲ 48.9%
- Total assets
- €450,078
- ▲ 43.3%
Score breakdownlowers riskLiquidity: current ratio 6.49, cash €327,742Sector: Activities of head offices; management consultancy activities (NACE 70)Size: total assets €450,078Equity €380,950 (84.6% of total assets)Show the evidence
Checked score
Score 2025
98
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 85% of micro companies in head offices and management consultancy (NACE 70)
Financial strength · tick: 2024
Strong
Solvency
100=
equity 84.6% of total assets
Liquidity
97+19
short-term debt 15.4% · cash 72.8%
Profitability
100=
return on assets 27.8%
Bankruptcy probability within 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 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 12-2024
02-2025: < 0.1%● unchanged vs 01-2025highest value
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 6.49 (5.34 in 2024), above the usual 1.5. Short-term debt is 15.4% and cash 72.8% of total assets. 15.4% of the assets are financed with debt and provisions.
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 70, micro). It does better than 86% of them on solvency, 91% on liquidity, 84% on profitability and 80% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-01-2026, 5 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
5 days early
2024
on the day
2023
7 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 1 day after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 31 January (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end02-11-2026 today31-01-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 26-01-2026 PDF all 3 filings
Turnover
≈ €270,000
Estimated: probably between €230,000 and €320,000
Total assets
€450,078▲ 43.3%
2024 · €314,111
Net result
€125,158▼ 17.6%
2024 · €151,833
Working capital
€379,386▲ 49.7%
2024 · €253,360
Multi-year overview
2023 to 2025, 3 financial yearsOperating result
€155,242
▼ 21.3%
2025
20232025
Net result
€125,158
▼ 17.6%
2025
highest quarter of the sector
20232025
Equity
€380,950
▲ 48.9%
2025
highest quarter of the sector
20232025
Total assets
€450,078
▲ 43.3%
2025
highest quarter of the sector
20232025
Debt
€69,128
▲ 18.5%
2025
20232025
Working capital
€379,386
▲ 49.7%
2025
highest quarter of the sector
20232025
Solvency
84.6%
▲ 3.2pp
2025
highest quarter of the sector
20232025
Current ratio
6.49
▲ 1.14
2025
highest quarter of the sector
20232025
Return on assets (ROA)
27.8%
▼ 20.5pp
2025
middle half of the sector
20232025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202320242025
Operating result€129,496-€197,246▲ 52.3%€155,242▼ 21.3%
Net result€101,458above the sector's middle half-€151,833above the sector's middle half▲ 49.7%€125,158above the sector's middle half▼ 17.6%
Equity€103,958within the sector's middle half-€255,792above the sector's middle half▲ 146%€380,950above the sector's middle half▲ 48.9%
Total assets€143,814within the sector's middle half-€314,111within the sector's middle half▲ 118%€450,078above the sector's middle half▲ 43.3%
Debt€39,856-€58,319▲ 46.3%€69,128▲ 18.5%
Working capital€103,958within the sector's middle half-€253,360above the sector's middle half▲ 144%€379,386above the sector's middle half▲ 49.7%
Solvency72.3%within the sector's middle half-81.4%above the sector's middle half▲ 9.1pp84.6%above the sector's middle half▲ 3.2pp
Current ratio3.61within the sector's middle half-5.34above the sector's middle half▲ 1.746.49above the sector's middle half▲ 1.14
Return on assets (ROA)70.5%above the sector's middle half-48.3%above the sector's middle half▼ 22.2pp27.8%within the sector's middle half▼ 20.5pp
above
within
below
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 21% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €450,078
Fixed assets
€1,564 ▼ 35.7%
Current assets
€448,514 ▲ 43.9%
Equity and liabilities €450,078
Equity
€380,950 ▲ 48.9%
Debt
€69,128 ▲ 18.5%
Debt's share of the balance-sheet total falls from 18.6% to 15.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€156,109▼
2024 · €197,900
Cash flow
€126,025▼
2024 · €152,488
Debt to equity
0.18▼
2024 · 0.23
ROE
32.9%▼
2024 · 59.4%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€69,128▲
2024 · €58,319
Income taxes
€36,252▼
2024 · €45,634
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|
| Tangible fixed assets | - | €3,086 | - |
| Depreciation and write-downs of the year | - | €655 | €867 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €655 | €867 | ▲ 32.5% |
| Other operating charges640/8 | €460 | €4,350 | €1,598 | ▼ 63.3% |
| Gross operating margin9900 | €129,956 | €202,250 | €157,707 | ▼ 22.0% |
| Operating profit (loss)9901 | €129,496 | €197,246 | €155,242 | ▼ 21.3% |
| Financial income75/76B | - | €272 | €6,264 | ▲ 23× |
| Recurring financial income75 | - | €272 | €6,264 | ▲ 23× |
| Financial charges65/66B | - | €51 | €96 | ▲ 88.7% |
| Recurring financial charges65 | - | €51 | €96 | ▲ 88.7% |
| Profit (loss) for the period before taxes9903 | €129,496 | €197,467 | €161,410 | ▼ 18.3% |
| Income taxes67/77 | €28,038 | €45,634 | €36,252 | ▼ 20.6% |
| Profit (loss) for the period9904 | €101,458 | €151,833 | €125,158 | ▼ 17.6% |
| Profit (loss) for the period to be appropriated9905 | €101,458 | €151,833 | €125,158 | ▼ 17.6% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €143,814 | €314,111 | €450,078 | ▲ 43.3% |
| Fixed assets21/28 | - | €2,431 | €1,564 | ▼ 35.7% |
| Tangible fixed assets22/27 | - | €2,431 | €1,564 | ▼ 35.7% |
| Plant, machinery and equipment23 | - | €2,005 | €1,555 | ▼ 22.5% |
| Furniture and vehicles24 | - | €426 | €9 | ▼ 97.9% |
| Current assets29/58 | €143,814 | €311,680 | €448,514 | ▲ 43.9% |
| Amounts receivable within one year40/41 | €1,559 | €23,298 | €20,710 | ▼ 11.1% |
| Trade receivables40 | - | €18,894 | €16,446 | ▼ 13.0% |
| Other amounts receivable41 | €1,559 | €4,404 | €4,265 | ▼ 3.2% |
| Current investments50/53 | - | €116,000 | €58,000 | ▼ 50.0% |
| Cash at bank and in hand54/58 | €127,332 | €84,817 | €327,742 | ▲ 286% |
| Deferred charges and accrued income490/1 | €14,924 | €87,564 | €42,061 | ▼ 52.0% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €143,814 | €314,111 | €450,078 | ▲ 43.3% |
| Equity10/15 | €103,958 | €255,792 | €380,950 | ▲ 48.9% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | = |
| Profit (loss) carried forward14 | €101,458 | €253,292 | €378,450 | ▲ 49.4% |
| Amounts payable17/49 | €39,856 | €58,319 | €69,128 | ▲ 18.5% |
| Amounts payable within one year42/48 | €39,856 | €58,319 | €69,128 | ▲ 18.5% |
| Trade debts44 | €827 | €1,059 | €20,233 | ▲ 19× |
| Suppliers440/4 | €827 | €1,059 | €20,233 | ▲ 19× |
| Taxes, remuneration and social security45 | €39,029 | €57,260 | €48,895 | ▼ 14.6% |
| Taxes450/3 | €39,029 | €57,260 | €48,895 | ▼ 14.6% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €101,458 | €151,833 | €125,158 | ▼ 17.6% |
| + Depreciation and write-downs630 | - | €655 | €867 | ▲ 32.5% |
| Operating cash flow (approximation) | €101,458 | €152,488 | €126,025 | ▼ 17.4% |
| Investment in fixed assets (approximation) | - | - | €0 | - |
| Change in cash | - | -€42,514 | €242,925 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 3,127 companies had the same profile as MXBC has now. Two years later, 97.2% were still going and 0.8% had gone bankrupt.
- Small
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
97.2%
was still going
1.9%
stopped otherwise
0.8%
went bankrupt
That fits the bankruptcy probability of MXBC itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 3,127 companies, not a prediction for MXBC. 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.
Board & ownership
Directors
Directors
1 director, no change since 2022
BACCAERT, Maxime Raymond Roger Patrick Benjamin
Current
Director (not named in the articles) · since 20-12-2022 · term without a fixed end · listed in the 2025 annual accounts, filed on 26-01-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 23-12-2022Owners and capital
Shareholders
At incorporation
act of 23-12-2022 ↗
- BACCAERT, Maxime Raymond Roger Patrick Benjamin 100 shares (100%) · €2,500 in cash
Capital transactions
Capital over time
- 23-12-2022 Incorporation · €2,500 · 100 shares
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Rémunération des administrateurs, L'assemblée générale décide si le mandat d'administrateur est rémunéré ou par contre exercé gratuitement.”
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “100, Pour les apports effectués après la constitution, les conditions d’émission détermineront s’ils seront inscrits sur un compte de…”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Tous les frais de procédure et d'expertise étant pour moitié à charge du cédant et pour moitié à charge du ou des acquéreurs…”
Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “La société peut être dissoute en tout temps, par décision de l'assemblée générale délibérant dans les formes prévues pour les modifications…”
Articles of association, deed of 23-12-2022 (in French)
Network & group
Board mandates elsewhere
1 board mandateBoard mandates of MXBCMXBC sits on their board1
1 location
Companies at the same address
13 other companies- EH Avocat Registered office · since 2026 1038585136
- JG-KINE Registered office · since 2026 1037282069
- Bochenkov, Yury (sole trader) Establishment · since 2024 1014623067
- Foulon, Nicolas (sole trader) Establishment · since 2024 1012862815
- Avvocato Enrico Salmini Sturli SRL Registered office · since 2022 0792207116
- Bertrand, Hugo (sole trader) Establishment · since 2021 0780927895
- CAR VX EUROPE Establishment · since 2021 0762651117
- Debacker, Jennifer (sole trader) Establishment · since 2019 0733641682
- Cécile Leroy Orthodontie Registered office · since 2018 0712759859
- SGLaw Establishment · since 2017 0681751038
Connections & network
1 current directorThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
This company
Company
Director
Shareholding
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Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
26-01
micro format · 5 days before the deadline
2025
31-01
micro format · on the deadline day
2024
30-06
Financial
Highest result from 2023 to 2025net €151,833 ▲49.7%
The operating result of €197,246 and the net result of €151,833 are both a record.
30-06
Financial
Equity above €200,000equity €255,792 ▲146%
With a profit in every financial year since 2023, equity grows to €255,792.
07-02
micro format · 7 days late
2022
23-12
Gazette deed
IncorporationStarting capital €2,500 · Appointment: BACCAERT, Maxime Raymond Roger Patrick Benjamin (director) · Founder12 points ▸
Gazette deed
Incorporation
Starting capital €2,500 · Appointment: BACCAERT, Maxime Raymond Roger Patrick Benjamin (director) · Founder12 points ▸
- Founder, BACCAERT, Maxime Raymond Roger Patrick Benjamin
- Incorporation, 20-12-2022
- Founding capital, €2,500
- Bank account, 2500, EUR
- Other provision, 13-12-2022
- Registered office clause, “A ce jour la société ne dispose pas d'un site internet ni d'une adresse électronique, 1180 Uccle (Bruxelles), Avenue Brugmann 379” (deed in French)
- Board rule, 1
- Director appointment, BACCAERT, Maxime Raymond Roger Patrick Benjamin (director (not named in the articles))
- Pre-incorporation commitments, ratification, “ratifie toutes les activités généralement quelconques entreprises au nom et pour compte de la société en formation, et reprend tous les engagement…” (deed in French)
- Power of attorney, JD COMPTA SRL
- Power of attorney, Jacques DELINCÉ
- Declaration, “Pour la société à responsabilité limitée et la société anonyme, la réunion de toutes les actions entre les mains d'une personne ainsi que l'identité de cette pe…” (deed in French)
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
MXBC in French
Enterprise number
0795.205.208
Legal form
Private limited company
Status
Active, normale toestand
Founded
21-12-2022
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 23-12-2022 (in French)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région de Bruxelles-Capitale, peut établir des filiales, sièges administratifs, agences, ateliers, dépôts et succursales, tant en Belgique…”
deed of 23-12-2022 (in French)Registered office and establishments
Registered office
Brugmannlaan 379, 1180 Ukkel, Belgium
Establishment unit
MXBC, Hindelaan 1, 3090 Overijse since 01-01-2023 · unit number 2.339.998.207
Activities
NACEBEL 202570200
Business and other management consultancy main activity
73300
Public relations and communication consultancy
85599
Other education
Codes under NACEBEL 2008
70220
Business consulting main activity
70210
Activities of head offices; management consultancy activities
85599
Other education
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 23-12-2022 (in French)
“La réalisation et la vente d’activités de conseil, d’étude, d’analyse, d’audit, de formation, d’assistance technique, administrative et de…”
8 activities
- La réalisation et la vente d’activités de conseil, d’étude, d’analyse, d’audit, de formation, d’assistance technique, administrative et de management dans tous les domaines, notamment de l’activité aéroportuaire, de l’aviation, de la santé, du management, de la finance, de l’économie, du commerce, de l’organisation, de l’environnement, de l’analyse de données
- La constitution, la gestion, l’exploitation et la valorisation de son patrimoine mobilier et immobilier
- Dans ce cadre, elle peut accomplir toutes opérations immobilières, tant en immeubles qu’en droits réels immobiliers, notamment acquérir, aliéner, construire, gérer, valoriser, lotir, échanger, améliorer, louer, transformer, donner en bail
- Contracter ou consentir tous emprunts hypothécaires ou non, donner ou prendre en gage ou en caution, consentir des garanties (hypothécaires) tant pour ses propres engagements que pour des engagements de tiers, sauf si ces opérations sont réservées par la loi ou la réglementation aux banques et/ou aux institutions de crédit
- Exercer la fonction de gérant, d’administrateur, de délégué à la gestion journalière, de liquidateur ainsi que toute autre fonction autorisée dans toute personne morale ou étrangère
- Effectuer toutes opérations mobilières, immobilières, financières, industrielles, commerciales susceptibles de favoriser l’extension et le développement de son objet ou qui serait de nature à en faciliter, entièrement ou partiellement, la réalisation
- S'intéresser, par voie d'apport, de cession, de fusion, de souscription, de participation, d'intervention financière ou autrement, dans toutes sociétés, entreprises ou opérations ayant un objet similaire ou connexe ou de nature à favoriser la réalisation de son objet
- Mettre à disposition des membres de l’organe de gestion ou de ses actionnaires des biens meubles et/ou immeubles, meublés ou pas, y compris les équipements d'utilité publique, dans le cadre de sa politique de rémunération
Invoicing and payment
VAT number
BE 0795.205.208
Financial year and general meeting
Accounts at the NBBFinancial year end
30-06
Meeting ruleThe articles set how the company's meetings are run.
“Toute assemblée générale, ordinaire, particulière ou extraordinaire, peut être prorogée, séance tenante, à trois semaines au plus par…”
deed of 23-12-2022 (in French)Sites & property
Location
Buildings and parcels at the addresses
Ground area
2,387 m²
Building footprint
582 m²
Building volume
10,688 m³
Tallest building: 26.6 m.
Flanders
1
(50%)
Brussels
1
(50%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23062N0042/00W000 | Flanders | 1,599 m² | 1 · 173 m² | 10.8 m · 2 |
| 21016B0214/00K000 | Brussels | 788 m² | 1 · 409 m² | 26.6 m · 8 |