M&A
ActiveSummary
The computed 12-month bankruptcy probability of M&A is 3.5% (moderate). The 2025 annual accounts show negative equity (-€6,047) and a net result of €3,741. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 4695 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 4 accounts on average 67 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
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Peer companies
Historical observationOf the 1,022 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 89% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a profit of 5% of the balance sheet or more
A further 1.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 1,022 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.
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €24,323 | €17,778 | €1,433 | ▼ 91.9% |
| Other operating charges640/8 | €144 | €144 | €319 | €1,035 | ▲ 224% |
| Gross operating margin9900 | -€72 | €10,129 | €23,019 | €6,384 | ▼ 72.3% |
| Operating profit (loss)9901 | -€216 | -€14,338 | €4,922 | €3,916 | ▼ 20.4% |
| Financial charges65/66B | €8 | €7 | €141 | €175 | ▲ 24.5% |
| Recurring financial charges65 | €8 | €7 | €141 | €175 | ▲ 24.5% |
| Profit (loss) for the period before taxes9903 | -€224 | -€14,345 | €4,781 | €3,741 | ▼ 21.7% |
| Profit (loss) for the period9904 | -€224 | -€14,345 | €4,781 | €3,741 | ▼ 21.7% |
| Profit (loss) for the period to be appropriated9905 | -€224 | -€14,345 | €4,781 | €3,741 | ▼ 21.7% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €4,003 | €2,575 | €5,457 | €7,183 | ▲ 31.6% |
| Current assets29/58 | €4,003 | €2,575 | €5,457 | €7,183 | ▲ 31.6% |
| Amounts receivable within one year40/41 | - | €211 | - | - | - |
| Other amounts receivable41 | - | €211 | - | - | - |
| Cash at bank and in hand54/58 | €4,003 | €2,364 | €5,457 | €7,183 | ▲ 31.6% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €4,003 | €2,575 | €5,457 | €7,183 | ▲ 31.6% |
| Equity10/15 | -€224 | -€14,570 | -€9,788 | -€6,047 | ▲ 38.2% |
| Profit (loss) carried forward14 | -€224 | -€14,570 | -€9,788 | -€6,047 | ▲ 38.2% |
| Amounts payable17/49 | €4,227 | €17,144 | €15,245 | €13,230 | ▼ 13.2% |
| Amounts payable within one year42/48 | €4,227 | €17,144 | €15,245 | €13,230 | ▼ 13.2% |
| Trade debts44 | €1,150 | €108 | €906 | €756 | ▼ 16.6% |
| Suppliers440/4 | €1,150 | €108 | €906 | €756 | ▼ 16.6% |
| Taxes, remuneration and social security45 | €2,769 | €10,870 | €8,132 | €6,226 | ▼ 23.4% |
| Taxes450/3 | €1,569 | €2,136 | €1,499 | €1,228 | ▼ 18.1% |
| Remuneration and social security454/9 | €1,200 | €8,735 | €6,632 | €4,997 | ▼ 24.7% |
| Other amounts payable47/48 | €308 | €6,166 | €6,208 | €6,249 | ▲ 0.7% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€224 | -€14,345 | €4,781 | €3,741 | ▼ 21.7% |
| Operating cash flow (approximation) | -€224 | -€14,345 | €4,781 | €3,741 | ▼ 21.7% |
| Change in cash | - | -€1,639 | €3,094 | €1,726 | ▼ 44.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21007A0066/00T000 | Brussels | 195 m² | 1 · 130 m² | 16.3 m · 4 fl. |
| 21007A0070/00V004 | Brussels | 147 m² | 1 · 132 m² | 14.9 m · 2 fl. |
Linked by address, not proof of ownership
Similar companies · same sector and region
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.