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M & A CONSULT

Active
Public limited companyfounded 1987active for 39 yearsMarkt 14, 3680 Maaseik, BelgiumKBO/BCE: BE 0431.194.296
Summary

M & A CONSULT has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €94,644 and a net result of -€27,167. Equity is shrinking by about 15% per year across the filed financial years. The computed 12-month bankruptcy probability is 1.5% (low).

Overview

Activity
Activity not known1 site
Size
€354,525total assets 2024
Equity
€94,644
Loss
-€27,167
Turnover not published (abbreviated format)
Financial health
62 Healthy Checked score 2024
Bankruptcy probabilitywithin 12 months
1.5%
Structure
Accounts 70 days overdue0 of 7 deeds read
Why 62raises riskFigures for financial year 2024 (filed 14-08-2025)Founded in 1987No main activity registeredlowers riskSize: total assets €354,525Show the evidence

Checked score

Score 2024
62 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 29% of its sector peers (no NACE code, micro)
Financial strength · tick = 2023
Weak
Solvency 52-6
equity 26.7% of total assets
Liquidity 60=
short-term debt 0.3% · cash 8.0%
Profitability 9-1
return on assets -7.7%
Bankruptcy probability, 12 months
1.5% 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: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.6%▲ +0.3 percentage points vs 07-2025 09-2025: 0.2%▼ -0.4 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.7%▲ +0.4 percentage points vs 07-2026 09-2026: 0.9%▲ +0.2 percentage points vs 08-2026 10-2026: 1.5%▲ +0.6 percentage points vs 09-2026highest value
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity ample (current ratio 31.42, compared with 93.39 in 2023; short-term debt: 0.3% and cash: 8% of total assets), but 73.3% of the assets are financed with debt.
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 (no NACE code, micro): better than 31% on solvency, 57% on liquidity, 11% on profitability and 16% on growth.

The bankruptcy probability was computed on 08-10-2026 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).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Figures for financial year 2024 (filed 14-08-2025)
NBB · annual accounts
lowers risk · Size: total assets €354,525
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Founded in 1987
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · No main activity registered
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€27,167
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-08-2025, 14 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
14 days late
2023
19 days late
2022
4 days early
2021
29 days late
2020
39 days early
2019
45 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 11 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · abbreviated…
  2. Annual accounts filedfinancial year 2023 · abbreviated…
  3. Liquidity quadruplescurrent ratio 93.39

Key points

  • Risk: 5 loss-making years in a rowloss financial year 2024 -€27,167 View
  • Caution: Accounts not fileddeadline was 31-07-2026 70 days late View
  • Active since 1987founded 15-05-1987 39 years View

By topic

Financials

Financial year
2024
Total assets
€354,525
Loss
-€27,167
Solvency
26.7%
Total assets▼ 4.7%
Net result
20182024
Go to Financials

Timeline

Events
43
Since
1988
  1. 27-07-2023Annual accounts filed
  2. 29-08-2022Annual accounts filed
  3. 31-12-2021Liquidity more than 36 times
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
15-05-1987
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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