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Complete company report
Generated 12-08-2026
Active BE 0775.335.252Private limited company

M&A

Van Volxemlaan 248 ·1190 Vorst, Belgium· 4 yrs active
Sector: Kappers- en barbiersactiviteiten (96210)
Conclusion Checked

The computed 12-month bankruptcy probability of M&A is 4.3% (elevated). The 2024 annual accounts show negative equity (€-10k) and a net result of €5k. Equity is shrinking by ~48.9% per year across the filed fiscal years. Its solvency ranks better than 10% of 1745 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.
Key figures
Equity €-10k
Net result €5k
Better than sector 10%
Active 4 yrs
Snowflake analysis 5 of 5 axes measured · computed by Checked
Health8Profitability0Solvency33Growth58Stability94
39 / 100

Fragile profile, watch profitability in particular.

All 5 axes are computed from data Checked has read.

Health 8
Profitability 0
Solvency 33
Growth 58
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
4.3% Elevated
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate region +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags 0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2024 · computed
8 / 100 Critical
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview3 NBB filings
Annual accounts filed on 21-09-2025 with the NBB · fiscal year 2024 · micro
€-15k€-10k€-5k€0€5kOperating result 2022: €-216€-216Net result 2022: €-224€-224Operating result 2023: €-14k€-14kNet result 2023: €-14k€-14kOperating result 2024: €5k€5kNet result 2024: €5k€5k202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining Equity: declining trend of ~48.9%/year over 3 fiscal years, indicative, assuming unchanged policy.
€-30k€-20k€-10k€02025: €-15k (€-15k - €-14k)2026: €-19k (€-20k - €-19k)2027: €-24k (€-25k - €-23k)2022: €-2242023: €-15k2024: €-10k202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 96, Personal services · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -179.4% 14.6%
better than 10% of 1745 sector peers
Net result €5k €1k
better than 62% of 1742 sector peers
Equity €-10k €5k
better than 19% of 1749 sector peers
Gross operating margin €23k €16k
better than 57% of 1741 sector peers
Staff costs €18k €26k
higher than 42% of 793 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Net profit
€5k
- 22-24
Total assets
€5k
+112.0% 22-24
Equity
€-10k
+32.8% 22-24
Working capital
€-10k
+32.8% 22-24
Staff costs
€18k
-26.9% 22-24
Debt
€15k
-11.1% 22-24
Debt ≤ 1y
€15k
-11.1% 22-24
Current ratio
0.36
+138.4% 22-24
Quick ratio
0.36
+138.4% 22-24
Solvency
-179.4%
+68.3% 22-24
Debt / equity
-1.56
-32.4% 22-24
ROE
-48.8%
- 22-24
ROA
87.6%
- 22-24
Figures by fiscal year
Fiscal year2024
Depositmicro
Revenue-
EBITDA-
Net profit€5k
Cash flow-
Staff costs€18k
Income taxes-
Dividends-
Total assets€5k
Equity€-10k
Debt€15k
of which ≤ 1y€15k
of which > 1y-
Working capital€-10k
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.36
Quick ratio0.36
Working capital ratio-179.4%
Solvency-179.4%
Debt / equity-1.56
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA87.6%
ROE-48.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€5k
Current assets 29/58€5k
Cash & bank 54/58€5k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€5k
Equity 10/15€-10k
Accumulated profits (losses) 14€-10k
Amounts payable 17/49€15k
Amounts payable within one year 42/48€15k
Trade debts payable within one year 44€906
Income statement
Gross operating margin 9900€23k
Operating result 9901€5k
Financial charges 65€141
Result before taxes 9903€5k
Net result for the period 9904€5k
Result to be appropriated 9905€5k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Kappers- en barbiersactiviteiten(96210)
Legal form Private limited company(610)
Incorporation05-10-2021
StatusActive
Postal code1190
Connections & network 17 connected companies
Network connections
ALSUKAR TRADING
Shared address
→
→
CARROSSERIE SPARTA
Shared address
→
Chrono-dépannage
Shared address
→
CUBOTEAM
Shared address
→
Euro chauffage AS SRL
Shared address
→
FB RENOV
Shared address
→
IMPORT TECHNOLOGIE
Shared address
→
J-RIDE
Shared address
→
MIL TRADING
Shared address
→
MS TRANS BELGIUM
Shared address
→
Nour Cars
Shared address
→
→
S.O.S CARROSSERIE
Shared address
→
SXUPER
Shared address
→
V&S BUSINESS GROUP
Shared address
→
van DOM schoonmaak
Shared address
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Establishment units 1 location
M&A
Van Volxemlaan 204, 1190 VorstDetailhandel in cosmetica en toiletartikelen
since 20212.326.211.042
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 2 (100%)
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.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 7 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
20-11-2025
State Gazette act Registered-office change
v3.2
21-09-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
21-09-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
03-04-2024
State Gazette act Registered-office change
v3.2
2023
30-11-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
2021
17-11-2021
State Gazette act Registered-office change
v3.2
07-10-2021
State Gazette act Incorporation
oprichting
Belgisch Staatsblad, acts 4 acts
Address history · 3
20-11-2025
v3.2
03-04-2024
v3.2
17-11-2021
v3.2
All acts · 4 updated 8 months ago
2025
20-11-2025 Registered office moved within Forest Registered-office change
  • Avenue Van Volxem 204, 1190 Forest → Avenue van Volxem 248, 1190 Forest
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "statutaire",
      "new_address": {
        "city": "Forest",
        "region": "Brussels",
        "street": "Avenue van Volxem",
        "country": "BE",
        "postcode": "1190",
        "box_number": null,
        "street_number": "248"
      },
      "old_address": {
        "city": "Forest",
        "region": "Brussels",
        "street": "Avenue Van Volxem",
        "country": "BE",
        "postcode": "1190",
        "box_number": null,
        "street_number": "204"
      },
      "effective_date": "2025-10-11",
      "evidence_quote": "Apr\u00E8s d\u00E9lib\u00E9ration, l\u0027Assembl\u00E9e G\u00E9n\u00E9rale d\u00E9cide, \u00E0 l\u0027unanimit\u00E9, de transf\u00E9rer le si\u00E8ge social de la soci\u00E9t\u00E9 \u00E0 l\u0027adresse suivante : Avenue van Volxem 248 1190 Forest"
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0775.335.252",
    "name_full": "M \u0026 A",
    "legal_form": "SRL"
  }
}
2024
03-04-2024 Registered office moved from Sint-Pieters-Leeuw to Vorst Registered-office change
  • Bergensesteenweg 421, 1600 Sint-Pieters-Leeuw → Van Volxemlaan 204, 1190 Vorst
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "statutaire",
      "new_address": {
        "city": "Vorst",
        "region": "Brussels",
        "street": "Van Volxemlaan",
        "country": "BE",
        "postcode": "1190",
        "box_number": null,
        "street_number": "204"
      },
      "old_address": {
        "city": "Sint-Pieters-Leeuw",
        "region": "Vlaams",
        "street": "Bergensesteenweg",
        "country": "BE",
        "postcode": "1600",
        "box_number": "13",
        "street_number": "421"
      },
      "effective_date": "2024-02-01",
      "evidence_quote": "De Algemene Vergadering heeft unaniem besloten om: Accepteer de zetelverplaatsing vanaf 01/02/2024 naar het volgende adres: Van Volxemlaan 204 1190 Vorst"
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0775.335.252",
    "name_full": "M \u0026 A",
    "legal_form": "BV"
  }
}
2021
17-11-2021 Registered office moved from Asse to SINT-PIETERS-LEEUW Registered-office change
  • François Jacobslaan 14, 1731 Asse → BERGENSESTEENWEG 421, 1600 SINT-PIETERS-LEEUW
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "statutaire",
      "new_address": {
        "city": "SINT-PIETERS-LEEUW",
        "region": "Vlaams Gewest",
        "street": "BERGENSESTEENWEG",
        "country": "BE",
        "postcode": "1600",
        "box_number": "13",
        "street_number": "421"
      },
      "old_address": {
        "city": "Asse",
        "region": "Vlaams Gewest",
        "street": "Fran\u00E7ois Jacobslaan",
        "country": "BE",
        "postcode": "1731",
        "box_number": null,
        "street_number": "14"
      },
      "effective_date": "2021-10-25",
      "evidence_quote": "De maatschappelijke zetel wordt door de bestuurder vanaf 25/10/2021 overgebracht naar : BERGENSESTEENWEG 421 BUS 13 1600 SINT-PIETERS-LEEUW"
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0775.335.252",
    "name_full": "M \u0026 A",
    "legal_form": "BV"
  }
}
07-10-2021 Incorporation of a new BV Incorporation
Summary: oprichting
Technical details 
{
  "kind": "oprichting",
  "seat": "1731 Zellik, Fran\u00E7ois Jacobslaan, 14",
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "founders": [
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": "1990-04-25",
        "name": "SHUKURI Mustafa",
        "niss": null,
        "address": "1190 Vorst, Vuurstraat, 15/bt03"
      },
      "share_class": "Aandelen",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 0,
      "holder_person_name": "SHUKURI Mustafa",
      "is_subscriber_only": false,
      "n_shares_subscribed": 100,
      "amount_subscribed_eur": 0,
      "is_anonymous_silent_partner": false
    }
  ],
  "capital_eur": 0,
  "subject_company": {
    "kbo": "0775.335.252",
    "name_full": "M\u0026A",
    "legal_form": "BV"
  },
  "initial_directors": [],
  "incorporation_date": "2021-10-05",
  "post_incorporation_mandates": []
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE) Crossroads Bank
Activities
Haarverzorging96021Kappers- en barbiersactiviteiten96210Detailhandel in cosmetica en toiletartikelen in gespecialiseerde winkels47750Detailhandel in cosmetica en toiletartikelen47750Overige detailhandel in nieuwe artikelen in gespecialiseerde winkels, n.e.g.47789Overige detailhandel in nieuwe artikelen neg47789
Primary activity highlighted.
Names & trade names
Legal nameNL M&A
Registered office
Van Volxemlaan 248
1190 Vorst, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies Same sector and region · no size comparison possible · 729 of 21,778 with filed accounts
ABM COOLING BE 0676.800.672 · Vorst
BRAM GOLDEN BE 0725.888.909 · Vorst
DANIEL BUSINESS GROUP BE 1036.938.512 · Vorst
DIOR COIFF BE 1013.731.162 · Vorst
GAB'S BARBERSHOP BE 0689.750.469 · Vorst
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative