Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MBM from Saint-Hubert, company number BE0473420772, closed financial year 2025 with a result of € -5,991 after tax. For that financial year MBM recorded a gross margin of € -1,326 and equity of € -31,160. Compared with financial year 2024, the result moved from € 4,776 to € -5,991. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ -31,160
▼ € 5,992 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,991
▼ still € 4,776 profit in 2024
Profit after tax over the fiscal year.
€ 672
▼ 63% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -105,530.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 38,212
▲ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,048
▲ 8% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 10,515 | € 5,834 | € 14,622 | € -1,326 | ▼ € 15,948 |
| Profit after taxes | € 147 | € -3,565 | € 4,776 | € -5,991 | ▼ € 10,767 |
| Equity | € -26,378 | € -29,944 | € -25,168 | € -31,160 | ▼ € 5,992 |
| Total debts | € 115,110 | € 113,125 | € 89,254 | € 68,522 | ▼ 23% |
| Cash | € 2,083 | € 401 | € 1,814 | € 672 | ▼ 63% |
| Retained profit | € -100,748 | € -104,314 | € -99,538 | € -105,530 | ▼ € 5,992 |
| Bank debt | € 2,630 | € 2,208 | € 0 | € 0 | |
| Balance sheet total | € 88,732 | € 83,182 | € 64,086 | € 37,362 | ▼ 42% |
Key figures of MBM, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MBM?
What happened at MBM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5,991 (▼ € 10,767 vs 2024). Source: NBB ↗
- New establishment in Saint-Hubert. KBO
- Start of the company according to the CBE. KBO
In short
From € 147 profit in 2022 to € 5,991 loss in 2025.
Best year ever: 2024, with € 4,776 profit.
Management
Behind MBM are SIMON REYTER and BRUNO REYTER.
Directors
According to the 2025 annual accounts
SIMON REYTER
Managing director
BRUNO REYTER
Director
Establishments
Establishment units
Physical locations of this company
Rue du Mont 15
6870 Saint-Hubert
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0473.420.772
- VAT number
- BE 0473.420.772
- Registered office
- Rue du Mont 15, 6870 Saint-Hubert
- Names & denominations
- MBM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 December 2000
- Peppol
- Active · Active since 22 Sept 2025
- Activities · NACE
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