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 1 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MBR Services from Fernelmont, company number BE0792892747, closed financial year 2025 with a result of € -46,102 after tax. For that financial year MBR Services recorded a gross margin of € 15,947 and equity of € -6,313. Compared with financial year 2024, the result moved from € 16,441 to € -46,102. 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 July 24, 2026.
€ -6,313
▼ € 46,102 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -46,102
▼ still € 16,441 profit in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -10,313.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 36,698
▲ 102% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 22,334
▼ 70% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 291,810
▲ 190% vs 2024
€ 20,542 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 7,450
▲ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,104
▲ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 76,927 | € 113,666 | € 15,947 | ▼ 86% |
| Profit after taxes | € 19,348 | € 16,441 | € -46,102 | ▼ € 62,543 |
| Equity | € 23,348 | € 39,789 | € -6,313 | ▼ € 46,102 |
| Total debts | € 197,945 | € 120,518 | € 314,364 | ▲ 161% |
| Cash | € 2,426 | € 35,422 | - | |
| Land & buildings | - | - | € 278,499 | |
| Retained profit | € 19,348 | € 35,789 | € -10,313 | ▼ € 46,102 |
| Bank debt | € 117,108 | € 100,773 | € 291,810 | ▲ 190% |
| Balance sheet total | € 221,293 | € 160,307 | € 308,051 | ▲ 92% |
Key figures of MBR Services, fiscal years 2023 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 MBR Services?
What happened at MBR Services in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 46,102 (▼ € 62,543 vs 2024). Source: NBB ↗
- New establishment in Fernelmont. KBO
- Mathieu Baptiste became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 19,348 profit in 2023 to € 46,102 loss in 2025.
Paid € 15,542 in corporate taxes since 2023.
Best year ever: 2023, with € 19,348 profit.
Management
Behind MBR Services is Mathieu Baptiste.
Directors
According to the 2025 annual accounts
Mathieu Baptiste
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Rue des Cortys, Hempt. 5
5380 Fernelmont
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0792.892.747
- VAT number
- BE 0792.892.747
- Registered office
- Rue des Cortys, Hempt. 5, 5380 Fernelmont
- Names & denominations
- MBR Services
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 October 2022
- Peppol
- Active · Active since 28 Jul 2024
- Activities · NACE
Activiteiten van verzekeringsagenten en -makelaars