Skip to content

MXM Project

Active
Private limited companyfounded 2024active for 2 yearsGuido Gezellestraat(EER) 1, 8480 Ichtegem, BelgiumKBO/BCE: BE 1014.685.227
Summary

MXM Project has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18,063 and a net result of €15,063. Its solvency ranks better than 47% of 38,983 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Business and other management consultancy
NACE 70200
1 site
Size
€34,434total assets 2025
Equity
€18,063
Profit
€15,063
Turnover not published (micro format)
Financial health
96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Accounts filed 5 days late
Why 96raises riskFounded in 2024lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 2.06, cash €25,175Equity €18,063 (52.5% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 67% of its sector peers (NACE 70, micro)
Financial strength
Strong
Solvency 77
equity 52.5% of total assets
Liquidity 77
short-term debt 47.5% · cash 73.1%
Profitability 100
return on assets 43.7%
Bankruptcy probability, 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).

Sector median 0.1% (48,384 companies, NACE 70, micro)
Last 24 months 11-2025: 0.4% 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.5%▲ +0.1 percentage points vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026highest value 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.5%● unchanged vs 07-2026 09-2026: < 0.1%▼ -0.5 percentage points vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity ample (current ratio 2.06, above the usual 1.5; short-term debt: 47.5% and cash: 73.1% of total assets), and 47.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 48% on solvency, 68% on liquidity and 84% on profitability.

The bankruptcy probability was computed on 20-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Liquidity: current ratio 2.06, cash €25,175
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €18,063 (52.5% of total assets)
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
5 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. IncorporationAppointment: Strubbe Maxime Thomas Roger…

Financials · financial year 2025, micro format

2025 annual accounts filed late (5 days) Filed on 5 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00388279.

Equity
€18,063
Total assets
€34,434
Net result
€15,063
Working capital
€17,312

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

Balance-sheet composition
Equity and liabilities €34,434
Equity €18,063
Debt €16,371
Debt finances 47.5% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€20,191
Cash flow
€15,312
Current ratio
2.06
Debt to equity
0.91
ROE
83.4%
ROA
43.7%
Interest coverage
27.45
Debt ≤ 1 year
€16,371
Income taxes
€4,144

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€34,434
Formation expenses20€752
Current assets29/58€33,682
Amounts receivable within one year40/41€7,381
Trade receivables40€7,381
Cash at bank and in hand54/58€25,175
Deferred charges and accrued income490/1€1,126
Equity and liabilities
Total equity and liabilities10/49€34,434
Equity10/15€18,063
Contributions10/11€3,000
Reserves13€15,063
Distributable reserves133€15,063
Amounts payable17/49€16,371
Amounts payable within one year42/48€16,371
Trade debts44€2,630
Suppliers440/4€2,630
Taxes, remuneration and social security45€9,873
Taxes450/3€7,473
Remuneration and social security454/9€2,400
Other amounts payable47/48€3,868
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€249
Other operating charges640/8€1,094
Gross operating margin9900€21,285
Operating profit (loss)9901€19,942
Financial charges65/66B€736
Recurring financial charges65€736
Profit (loss) for the period before taxes9903€19,207
Income taxes67/77€4,144
Profit (loss) for the period9904€15,063
Profit (loss) for the period to be appropriated9905€15,063
Appropriation of the result
Profit (loss) to be appropriated9906€15,063
Transfer to equity691/2€15,063
To other reserves6921€15,063

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€249
Other operating charges640/8€1,094
Gross operating margin9900€21,285
Operating profit (loss)9901€19,942
Financial charges65/66B€736
Recurring financial charges65€736
Profit (loss) for the period before taxes9903€19,207
Income taxes67/77€4,144
Profit (loss) for the period9904€15,063
Profit (loss) for the period to be appropriated9905€15,063
Line2025
Assets
Total assets20/58€34,434
Formation expenses20€752
Current assets29/58€33,682
Amounts receivable within one year40/41€7,381
Trade receivables40€7,381
Cash at bank and in hand54/58€25,175
Deferred charges and accrued income490/1€1,126
Equity and liabilities
Total equity and liabilities10/49€34,434
Equity10/15€18,063
Contributions10/11€3,000
Reserves13€15,063
Distributable reserves133€15,063
Amounts payable17/49€16,371
Amounts payable within one year42/48€16,371
Trade debts44€2,630
Suppliers440/4€2,630
Taxes, remuneration and social security45€9,873
Taxes450/3€7,473
Remuneration and social security454/9€2,400
Other amounts payable47/48€3,868
Line2025
Profit (loss) for the period9904€15,063
+ Depreciation and write-downs630€249
Operating cash flow (approximation)€15,312

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 05-08-2026 2026-00388279

Similar companies · same sector, comparable size

Of the 82,290 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 53,884. 30,693 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No sitting directors in the Gazette act read. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 4 October 2024, MXM Project was incorporated as a private limited company.1 The company has filed annual accounts once, for financial year 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
05-08
NBB filing Annual accounts filed
financial year 2025 · micro format · 5 days late
2024
08-10
Gazette deed Incorporation
Appointment: Strubbe Maxime Thomas Roger (director) · Founder · Founding capital4 facts ▸
  • Incorporation, 04-10-2024
  • Founder, Strubbe Maxime
  • Founding capital, “euro 3.000” (deed in Dutch)
  • Director appointment, Strubbe Maxime Thomas Roger (director (not named in the articles))
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded04-10-2024
Financial year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
41001General construction of residential buildings
41003General construction of other non-residential buildings
64210Activities of holding companies
71111Activities of building architects
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1014685227
Also 9925:BE1014685227
Registered 12-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 20 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1014.685.227

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Ichtegem · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
318 m²
Parcel 35003C0352/00M000, Flanders. Linked by address, not a title deed.
1 establishment unit
MXM Project
Guido Gezellestraat(EER) 1, 8480 IchtegemBusiness and other management consultancy
since 2024unit no. 2.365.337.080
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
35003C0352/00M000 Flanders 318 m² - -
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Het verzorgen van projectbeheer en – management; De activiteiten van engineering, productontwikkeling, industrieel en grafisch design; De…” (deed in Dutch)
18 activities (deed in Dutch)
  1. Het verzorgen van projectbeheer en – management;
  2. De activiteiten van engineering, productontwikkeling, industrieel en grafisch design;
  3. De import en export en groot- en kleinhandel in bouwmaterialen, bouwgereedschappen en doe het zelf artikelen;
  4. Algemene coördinatiewerken bouwwerf;
  5. Algemene bouw van andere niet-residentiële gebouwen en residentiële gebouwen;
  6. Het verrichten van volgende aannemingswerken, voor eigen rekening of voor rekening van derden, in eigen regie of in coördinatie met onderaannemers en als bouwpromotor: zink-, lood- en dakwerken, schilder-, glas-, timmer en schrijnwerken, sanitaire werken en werken voor verwarmingsinstallaties, alle elektriciteitswerken en elektrotechnische installaties, sloopwerken, saneringswerken, isolatiewerkzaamheden, bouw- en verbouwingswerken, chape- en vloerwerken.
  7. Voor haar rekening of voor rekening van derden of tussenpersonen, alle ambachtelijke, industriële en handelsactiviteiten uit te voeren, die verband houden met het verrichten of laten verrichten van vervoer van goederen, dieren en personen voor derden en voor eigen rekening, met eventueel tussenopslag van goederen tegen vergoeding als mede het verhuren van transportmateriaal en containers, en het uitvoeren of laten uitvoeren van grondwerken en verhuur van materiaal van het uitvoeren van grondwerken. Bij voornoemde handelingen kan met ook als commissionair optreden;
  8. Het verrichten van alle vervoer, zowel voor eigen rekening als voor rekening van derden;
  9. Patrimoniumvennootschap: onroerende en roerende goederen en rechten onder gelijk welke vorm, verwerven, beheren, valoriseren en vervreemden. Zij mag onroerende goederen, gebouwde of ongebouwde, gemeubelde of ongemeubelde aankopen, verkavelen, huren, verhuren, (doen) bouwen, (doen) verbouwen, renoveren, uitrusten, afbreken, verkopen. Dit omvat verder: de borgstelling, de uitbating, de verkaveling, de ordening van onroerende goederen evenals alle welkdanige onroerende verhandelingen in de meest brede zin met inbegrip van de onroerende leasing. Zij mag investeringsgoederen, materiaal benodigd voor gelijk welke burgerlijke of handelsactiviteit onder gelijk welke vorm verwerven of verhuren. Zij mag haar onroerende goederen in hypotheek geven en al haar andere goederen als borg stellen voor alle leningen, kredietopeningen en andere verbintenissen door haarzelf of door derden aangegaan;
  10. De verhuring/leasing van allerhande roerende goederen waaronder de verhuring van rollend materieel en alle dienstprestaties dewelke hiermee verband houden. Het verrichten van diverse vervoersprestaties;
  11. Het verstrekken van allerlei adviezen, met uitzondering van beleggingsadviezen, zowel voor eigen rekening als voor rekening van derden, zowel in eigen naam als in naam van derden;
  12. Het beheren van roerende goederen, meer bepaald van aandelen, obligaties en allerhande roerende waarden, daaronder begrepen de aankoop, verkoop en arbitrage van dergelijke waarden voor eigen rekening met uitsluiting van alle activiteiten zoals bedoeld in de wet van 25/10/2016 (wet op de secundaire markten, beleggingsondernemingen, de bemiddelaars en de beleggingsadviseurs);
  13. Het bevorderen van de oprichting van vennootschappen door inbreng, participaties of investeringen;
  14. Het op enigerlei wijze stellen van zekerheden ten behoeve van derden, mits vergoeding;
  15. Het toestaan van leningen aan vennootschappen, ondernemingen, verenigingen of particulieren, onder om het even welke vorm. In dit kader kan de vennootschap zich ook borg stellen of haar aval verlenen, in de meest ruime zin, alle handels- en financiële operaties verrichten, behalve deze die wettelijk zijn voorbehouden aan de krediet- en financiële instellingen;
  16. Het waarnemen van alle bestuurs- en controleopdrachten, het uitoefenen van opdrachten en functies in andere vennootschappen, ondernemingen of verenigingen. De vennootschap mag de functies van bestuurder, zaakvoerder, volmachtdrager, mandataris of vereffenaar waarnemen in alle rechtspersonen;
  17. De vennootschap mag alle roerende en onroerende goederen als investeringen verwerven, zelfs als deze noch rechtstreeks of onrechtstreeks verband houden met het voorwerp van de vennootschap;
  18. Het rechtstreeks of onrechtstreeks deelnemen in of het beheer voeren over ondernemingen, verenigingen of vennootschappen die eenzelfde of een gelijkaardig voorwerp nastreven als dit van de vennootschap. De vennootschap mag door middel van inbreng, onderschrijving, financiële tussenkomst of op elke andere wijze participaties nemen in elke andere vennootschap of onderneming, vereniging, bestaande of op te richten vennootschap die geheel of gedeeltelijk een gelijkaardige of gelijklopende activiteit ontwikkelen of die van aard zijn de doelstelling van de vennootschap te bevorderen of waarvan het voorwerp gelijkaardig, analoog, aansluitend of gewoon nuttig is tot de verwezenlijking van het geheel of een deel van haar voorwerp.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
MXM Project
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, Guido Gezellestraat 1,8480 Ichtegem (Eernegem)” (deed in Dutch)

deed of 08-10-2024

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Een of meer, door kennisgeving aan bestuursorgaan” (deed in Dutch)

deed of 08-10-2024

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Helft overdrager,helft koper(s) naar evenredigheid aantal bij meerdere kopers, onder levenden of door overlijden zonder goedkeuring” (deed in Dutch)

deed of 08-10-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Op elk moment door AV beslissende in vormen vereist voor statutenwijziging” (deed in Dutch)

deed of 08-10-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Boeking inbreng op beschikbare eigen vermogensrekening, vermoed op beschikbare eigen vermogensrekening” (deed in Dutch)
Other provision: “Uitoefening rechten na overlijden enige aandeelhouder, dag verdeling aandelen of afgifte legaten” (deed in Dutch)
Other provision: “Toelating,stemrecht,volmacht,agenda,meerderheid, alleen beslissen over agendapunten,behalve alle op te roepen aanwezig of vertegenwoordigd…” (deed in Dutch)
10 more provisions in the deed, see the deed of 08-10-2024

deed of 08-10-2024