Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2025; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2025
MPRA from Kortrijk, company number BE0629754583, closed financial year 2025 with a result of € 392,782 after tax. For that financial year MPRA recorded a gross margin of € 1.5 million and equity of € 393,748. Compared with financial year 2024, the result moved from € -125,382 to € 392,782. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 29, 2026.
€ 393,748
▲ € 392,782 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 392,782
▲ still € 125,382 loss in 2024
Profit after tax over the fiscal year.
€ 5,781
▲ 67% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -506,252.
People and assets in 2025
19
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 896,894
▼ 14% vs 2024
€ 47,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 16,459
▲ 13% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.9 million
▼ 10% vs 2024
€ 87,875 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 394,638
▼ 53% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 248,018
▲ € 198,727 vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,366,313 | € 1,307,465 | € 1,170,620 | € 1,518,843 | ▲ 30% |
| Profit after taxes | € 99,267 | € 71,909 | € -125,382 | € 392,782 | ▲ € 518,164 |
| Equity | € 54,439 | € 126,348 | € 966 | € 393,748 | ▲ € 392,782 |
| Total debts | € 2,862,381 | € 3,141,379 | € 3,084,142 | € 2,596,423 | ▼ 16% |
| Cash | € 32,817 | € 131,316 | € 3,470 | € 5,781 | ▲ 67% |
| Retained profit | € -845,561 | € -773,652 | € -899,034 | € -506,252 | ▲ € 392,782 |
| Bank debt | € 2,561,001 | € 2,339,388 | € 2,141,271 | € 1,918,123 | ▼ 10% |
| Balance sheet total | € 2,916,820 | € 3,267,727 | € 3,085,108 | € 2,990,171 | ▼ 3% |
| Employees (FTE) | 25.2 | 20.8 | 19.8 | 19 | ▼ 0.8 |
Key figures of MPRA, 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 May 2027.
What happened to MPRA?
What happened at MPRA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
MPRA is active according to the CBE. Legal situation: Opening faillissement.
- Sstig stepped down as director. NBB
- Gecorp stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 392,782. Source: NBB ↗
- Sstig became a director. NBB
- Gecorp became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 99,267 profit in 2022 to € 392,782 profit in 2025.
Paid € 2,101 in corporate taxes since 2022.
Best year ever: 2025, with € 392,782 profit.
On average € 79,900 of value added per employee in 2025.
A new publication or filing at MPRA? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of GECORP ADVICE & MANAGEMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MPRAThe shares are held by GECORP ADVICE & MANAGEMENT (38.9%). It owns 100% of MPRA France itself.
Directors
According to the 2025 annual accounts
Shareholders
Participations
MPRA France
100%
Establishments
Establishment units
Physical locations of this company
Hospitaalweg(Mar) 1 C
8510 Kortrijk
Hospitaalweg(Mar) 1C box 2
8510 Kortrijk
Active since 4 May 2015
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
fibrocit.com
Registered
1999-12-20
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2026-12-20
Website info
Features
Security
Details
- Company number
- 0629.754.583
- VAT number
- BE 0629.754.583
- Registered office
- Hospitaalweg(Mar) 1 C, 8510 Kortrijk
- Names & denominations
- MPRA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 4 May 2015
- Peppol
- Active · Active since 6 Jan 2026
- Contact
- fibrocit.com [email protected] 056/225699
- Activities · NACE
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