MXK2
MXK2 has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €435k and a net result of €-940. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 83% of 19340 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
| Equity | €435k |
| Net result | €-940 |
| Staff (FTE) | 2 |
| Better than sector | 83% |
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
How do we compute this?
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 | 78.1% | 31.1% | |
| Net result | €-940 | €4k | |
| Equity | €435k | €87k | |
| Gross operating margin | €223k | €39k | |
| Staff costs | €137k | €30k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €15k | €41k | €28k | €115k |
| Net profit | €-940 | €2k | €2k | €65k |
| Cash flow | €839 | €6k | €19k | €91k |
| Staff costs | €137k | €131k | €61k | €103k |
| Income taxes | €8k | €33k | €8k | €21k |
| Dividends | - | - | - | - |
| Total assets | €557k | €578k | €572k | €664k |
| Equity | €435k | €436k | €429k | €427k |
| Debt | €122k | €142k | €144k | €237k |
| of which ≤ 1y | €118k | €142k | €127k | €213k |
| of which > 1y | €4k | - | €4k | €11k |
| Working capital | €406k | €418k | €427k | €415k |
| Employees (FTE) | 2.0 | 2.0 | 1.1 | 2.0 |
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 4.43 | 3.95 | 4.37 | 2.95 |
| Quick ratio | 4.39 | 3.92 | 4.33 | 2.90 |
| Working capital ratio | 72.9% | 72.3% | 74.7% | 62.6% |
| Solvency | 78.1% | 75.5% | 74.9% | 64.3% |
| Debt / equity | 0.28 | 0.32 | 0.34 | 0.56 |
| Long-term debt ratio | 0.01 | - | 0.01 | 0.03 |
| Interest coverage | 2.50 | 13.48 | 25.54 | 33.94 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | -0.2% | 0.4% | 0.3% | 9.8% |
| ROE | -0.2% | 0.5% | 0.4% | 15.3% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €557k | €578k | €572k | €664k |
| Fixed assets | 21/28 | €33k | €18k | €18k | €36k |
| Tangible fixed assets | 22/27 | €33k | €18k | €18k | €36k |
| Current assets | 29/58 | €524k | €559k | €554k | €628k |
| Stocks & contracts in progress | 3 | €4k | €4k | €4k | €11k |
| Amounts receivable within one year | 40/41 | €457k | €551k | €493k | €515k |
| Cash & bank | 54/58 | €63k | €4k | €57k | €102k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €557k | €578k | €572k | €664k |
| Equity | 10/15 | €435k | €436k | €429k | €427k |
| Contributions / capital | 10/11 | €7k | €7k | €7k | €7k |
| Reserves | 13 | €2k | €2k | €2k | €2k |
| Accumulated profits (losses) | 14 | €426k | €427k | €419k | €417k |
| Amounts payable | 17/49 | €122k | €142k | €144k | €237k |
| Amounts payable after one year | 17 | €4k | - | €4k | €11k |
| Amounts payable within one year | 42/48 | €118k | €142k | €127k | €213k |
| Trade debts payable within one year | 44 | €35k | €51k | €76k | €107k |
| Income statement | |||||
| Gross operating margin | 9900 | €223k | €176k | €95k | €222k |
| Operating result | 9901 | €13k | €37k | €11k | €90k |
| Financial income | 75 | €1 | €596 | €102 | - |
| Financial charges | 65 | €6k | €3k | €1k | €3k |
| Result before taxes | 9903 | €7k | €35k | €10k | €86k |
| Income taxes | 67/77 | €8k | €33k | €8k | €21k |
| Net result for the period | 9904 | €-940 | €2k | €2k | €65k |
| Result to be appropriated | 9905 | €-940 | €2k | €2k | €65k |
-
Current01-04-2023 → present
Former directors (1)
-
Former18-09-2021 → 25-04-2023
2 events
- 25-04-2023 Resigned· Director
- 18-09-2021 Appointed· Manager
| NACE primary | Buying and selling of own real estate(68110) |
| Legal form | Private limited company(610) |
| Incorporation | 01-09-1994 |
| Status | Active |
| Postal code | 9500 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41053A0234/00N000 | Flanders | 1,330 m² | 1 · 664 m² | 8.3 m · 2 fl. |
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
15-12-2025 Articles of association amended
Technical details
{
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"statute_change": {
"name_change": true,
"seat_change": true,
"object_change": true,
"effective_date": "2025-12-11",
"legal_form_change": false
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0453.365.627",
"name_full": "DOUBLET MOTORS",
"legal_form": "BV"
},
"signature_regime": null,
"special_mandates": [],
"governance_change": {
"admin_delegated_added": []
}
}25-04-2023 1 director appointed, 1 resigning
- Maxime Kemal, Bestuurder
- Van Laethem Vera, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Van Laethem Vera",
"address": null,
"birth_date": null
},
"evidence_quote": "De bijzondere algemene vergadering van 17 maart 2023 is het ontslag van mevrouw Van Laethem Vera aanvaard"
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Maxime Kemal",
"address": null,
"birth_date": null
},
"effective_date": "2023-04-01",
"evidence_quote": "is beslist om als bestuurder te benoemen: Dhr. Maxime Kemal, Stationsstraat 102/1 - 9550 Herzele, rijksregisternummer 84.08.10-323-33 met ingang van 1 april 2023 voor onbepaalde duur."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0453.365.627",
"name_full": "DOUBLET MOTORS",
"legal_form": "BVBA"
}
}07-12-2021 Vera Van Laethem appointed as manager
- Vera Van Laethem, Zaakvoerder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "zaakvoerder",
"person": {
"rrn": null,
"name": "Vera Van Laethem",
"address": null,
"birth_date": null
},
"effective_date": "2021-09-18",
"evidence_quote": "Bijgevolg heeft de vergadering beslist als nieuwe zaakvoerder te benoemen: Vera Van Laethem, Vrijheid 38-9500 Geraardsbergen, rijksregisternummer 600725 448-14. Haar mandaat is ingegaan op 18/09/2021 voor onbepaalde duur."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0453.365.627",
"name_full": "DOUBLET MOTORS",
"legal_form": "BVBA"
}
}| Legal nameNL | MXK2 |