MXBROTHERS
The computed 12-month bankruptcy probability of MXBROTHERS is 1.4% (low). The 2021 annual accounts show equity of €696k and a net result of €-77k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 79% of 1749 sector peers (fiscal year 2021). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €696k |
| Net result | €-77k |
| Better than sector | 79% |
| Active | 8 yrs |
Mixed profile: strong on stability, weaker on profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 65.6% | 25.8% | |
| Net result | €-77k | €1k | |
| Equity | €696k | €29k | |
| Gross operating margin | €-46k | €22k | |
| Total assets | €1.06M | €265k |
| Fiscal year | 2021 |
|---|---|
| Revenue | - |
| EBITDA | €-48k |
| Net profit | €-77k |
| Cash flow | €-52k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €1.06M |
| Equity | €696k |
| Debt | €364k |
| of which ≤ 1y | €37k |
| of which > 1y | €328k |
| Working capital | €-34k |
| Employees (FTE) | - |
| 2021 | |
|---|---|
| Current ratio | 0.06 |
| Quick ratio | 0.06 |
| Working capital ratio | -3.2% |
| Solvency | 65.6% |
| Debt / equity | 0.52 |
| Long-term debt ratio | 0.47 |
| Interest coverage | -10.49 |
| Gross margin | - |
| Net margin | - |
| ROA | -7.2% |
| ROE | -11.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2021 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.06M |
| Fixed assets | 21/28 | €1.06M |
| Tangible fixed assets | 22/27 | €1.06M |
| Current assets | 29/58 | €2k |
| Amounts receivable within one year | 40/41 | €2k |
| Cash & bank | 54/58 | €115 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.06M |
| Equity | 10/15 | €696k |
| Contributions / capital | 10/11 | €752k |
| Accumulated profits (losses) | 14 | €-56k |
| Amounts payable | 17/49 | €364k |
| Amounts payable after one year | 17 | €328k |
| Amounts payable within one year | 42/48 | €37k |
| Trade debts payable within one year | 44 | €6k |
| Income statement | ||
| Gross operating margin | 9900 | €-46k |
| Operating result | 9901 | €-72k |
| Financial charges | 65 | €5k |
| Result before taxes | 9903 | €-77k |
| Net result for the period | 9904 | €-77k |
| Result to be appropriated | 9905 | €-77k |
| NACE primary | Real estate rental(68203) |
| Legal form | Private limited company(610) |
| Incorporation | 02-05-2018 |
| Status | Active |
| Postal code | 1000 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21804D1424/00E002 | Brussels | 3,406 m² | 1 · 3,354 m² | 35.3 m · 9 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
30-07-2025 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
{
"stage": null,
"notary": {
"name": "Jean FLEMINGS",
"firm_city": null,
"firm_name": null,
"office_city": "Lommel",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-07-30",
"filing_date": "2025-07-28",
"act_kind_objet": "1000 Brussel"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2025-07-18",
"unanimous": true
},
"conversion": null,
"detected_kind": "other",
"report_waiver": null,
"restructuring": {
"parties": [
{
"kbo": "0695.636.983",
"name": "MXBROTHERS",
"role": "other",
"address": "Koloni\u00EBnstraat 11",
"is_foreign": false,
"legal_form": "Besloten Vennootschap",
"is_new_company": false,
"jurisdiction_country": null
}
],
"exchange_ratio": null,
"legal_articles": [],
"is_cross_border": false,
"is_silent_merger": false,
"balance_basis_date": null,
"exchange_ratio_text": null,
"new_shares_issued_n": null,
"real_estate_included": false,
"patrimony_description": null,
"equity_transferred_eur": null,
"accounting_effective_date": null
},
"subject_company": {
"kbo": "0695.636.983",
"name_full": "MXBROTHERS",
"legal_form": "Besloten Vennootschap"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Jean FLEMINGS",
"org_rep_person_name": null
},
"summary_narrative": "De buitengewone algemene vergadering van MXBROTHERS heeft beslist om de statutair onbeschikbare eigen vermogensrekening om te vormen naar een beschikbare eigen vermogensrekening. Hierbij wordt artikel 8 van de statuten aangepast en wordt een bijzondere machtiging verleend aan het bestuursorgaan om de beslissingen uit te voeren.",
"co_filed_documents": [
"uitgifte van voornoemde akte van statutenwijziging",
"geco\u00F6rdineerde statuten, historiek"
],
"detected_real_type": "other",
"referenced_correction": null,
"should_reroute_to_category": "statutes"
}15-04-2025 Registered office moved from Lommel to Brussel
- Lodewijk De Raetstraat 81 - 3920 Lommel → Koloniënstraat 11 1000 Brussel
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Koloni\u00EBnstraat 11 1000 Brussel",
"city": "Brussel",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Koloni\u00EBnstraat",
"country": "BE",
"postcode": "1000",
"box_number": null,
"street_number": "11",
"locality_suffix": null
},
"old_address": {
"raw": "Lodewijk De Raetstraat 81 - 3920 Lommel",
"city": "Lommel",
"region": "vlaams_gewest",
"street": "Lodewijk De Raetstraat",
"country": "BE",
"postcode": "3920",
"box_number": null,
"street_number": "81",
"locality_suffix": null
},
"effective_date": "2025-02-21",
"evidence_quote": "Met ingang van 21/2/2025 wordt de zetel verplaatst naar Koloni\u00EBnstraat 11 1000 Brussel.",
"region_changed": true,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": true,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-04-15",
"filing_date": "2025-04-07",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2025-02-20",
"unanimous": null
},
"subject_company": {
"kbo": "0695.636.983",
"name_full": "MXBROTHERS",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Galina Zhilkina",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | MXBROTHERS |