Financials
- Financial year
- 2024
- Total assets
- €377,014
- Profit
- €22,982
- Solvency
- 16.8%
Total assets▼ 14.7%
Net result
20182024
M 126
ActiveSummary
M 126 has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €63,198 and a net result of €22,982. Equity is growing by about 46% per year across the filed financial years. Its solvency ranks better than 39% of 18,735 sector peers (NACE 56, financial year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Overview
Activity
Full-service restaurants
NACE 56111Limited-service restaurants, excluding mobile food services NACE 56112
1 site
Size
≈ €730,000turnover 2024, estimated
- Staff
- 3.9 FTE
- Equity
- €63,198
- Profit
- €22,982
Turnover estimated from the gross margin
Structure
2025 accounts not filed, 91 days past the deadline3 deeds in the Belgian Official Gazette
Why 56raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 19-08-2025)Sector: Food and beverage service activities (NACE 56)lowers riskFounded in 2003Liquidity: current ratio 1.05, cash €88,250Show the evidence
Checked score
Score 2024
56
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 64% of its sector peers (NACE 56, micro)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency
42+8
equity 16.8% of total assets
Liquidity
69-2
short-term debt 25.8% · cash 23.4%
Profitability
76+3
return on assets 6.1%
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.4%lowest value
12-2024: 0.4%● unchanged vs 11-2024lowest value
01-2025: 0.4%● unchanged vs 12-2024lowest value
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.5%▲ +0.1 percentage points vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.4%▼ -0.1 percentage points vs 05-2025
07-2025: 0.5%▲ +0.1 percentage points vs 06-2025
08-2025: 0.8%▲ +0.3 percentage points vs 07-2025
09-2025: 0.4%▼ -0.4 percentage points vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
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: 0.5%▲ +0.1 percentage points vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.4%▼ -0.1 percentage points vs 05-2026
07-2026: 0.5%▲ +0.1 percentage points vs 06-2026
08-2026: 0.8%▲ +0.3 percentage points vs 07-2026
09-2026: 1.0%▲ +0.2 percentage points vs 08-2026
10-2026: 1.4%▲ +0.4 percentage points vs 09-2026highest value
Credit of up to €3,500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity tight (current ratio 1.05, compared with 1.13 in 2023, below the usual 1.5; short-term debt: 25.8% and cash: 23.4% of total assets), and 83.2% 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 56, micro): better than 39% on solvency, 74% on liquidity, 60% on profitability and 83% on growth.
The bankruptcy probability was computed on 29-10-2026 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
Six signals.
lowers riskraises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 91 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline30-10-2026 today
raises risk · 2024 accounts filed 19 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-08-2025, 19 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 · 10 filingsDeviation from the deadline
2025
not filed
2024
19 days late
2023
8 days late
2022
15 days late
2021
61 days early
2020
13 days early
2019
19 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 2 days before the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
- Annual accounts filedfinancial year 2022 · micro…
Key points
By topic
Timeline
- Events
- 23
- Since
- 2005
- 31-05-2022Annual accounts filed
- 18-07-2021Annual accounts filed
- 31-12-2020Back to profit
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Full-service restaurantsNACE 56111
- Founded
- 23-07-2003
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about M 126
- What is the company number of M 126?
- 0859.729.608. In Belgium the VAT number is the company number with BE in front: BE 0859.729.608.
- Where is M 126 based?
- The registered office is at Molenstraat 126, 9820 Merelbeke-Melle.Company details
- What does M 126 do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of M 126?
- Private limited company (BV).
- When was M 126 founded?
- On 23-07-2003.
- Is M 126 still active?
- Yes, M 126 is an active enterprise in the KBO register.
- How many employees does M 126 have?
- On average 3.9 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of M 126?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is M 126 profitable?
- In financial year 2024, M 126 made a profit of €22,982.
- Where can I find the annual accounts of M 126?
- M 126 filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Companies related to M 126
Comparable companies
- O.S.C.Tournai
- SEA GRILLBrussel
- Bistro Maison MarieRoeselare
- PIZZA EVENTS & MOREWaterloo
- SUSHIHUBOostkamp
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What support did similar companies receive that this one did not?Subsidies How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.