M.A. ELEVATIONS
ActiveSummary
The computed 12-month bankruptcy probability of M.A. ELEVATIONS is 3.0% (moderate). The 2025 annual accounts show equity of €59,005 and a net result of €56,005. Its solvency ranks better than 47% of 13484 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes
Profitability100
Solvency52
Growth-
Track record67
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 1.58; short-term debt: 31.5% and cash: 42.1% of total assets), but 72.6% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
27.4%
Return on assets
26%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2025
29 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2025, micro schema
Equity
€59,005
Total assets
€215,049
Net result
€56,005
Working capital
€39,280
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €215,049
Fixed assets
€107,925
Current assets
€107,124
Equity and liabilities €215,049
Equity
€59,005
Debt
€156,044
Debt finances 72.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€108,789
Cash flow
€86,501
Current ratio
1.58
Quick ratio
1.52
Debt to equity
2.64
ROE
94.9%
ROA
26.0%
Interest coverage
15.51
Debt ≤ 1 year
€67,844
Debt > 1 year
€88,200
Income taxes
€15,943
Annual accounts
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €30,497 |
| Other operating charges640/8 | €1,212 |
| Gross operating margin9900 | €110,001 |
| Operating profit (loss)9901 | €78,293 |
| Financial income75/76B | €669 |
| Recurring financial income75 | €669 |
| Financial charges65/66B | €7,013 |
| Recurring financial charges65 | €7,013 |
| Profit (loss) for the period before taxes9903 | €71,948 |
| Income taxes67/77 | €15,943 |
| Profit (loss) for the period9904 | €56,005 |
| Profit (loss) for the period to be appropriated9905 | €56,005 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €215,049 | |
| Fixed assets21/28 | €107,925 | |
| Intangible fixed assets21 | €104,819 | |
| Tangible fixed assets22/27 | €796 | |
| Plant, machinery and equipment23 | €796 | |
| Financial fixed assets28 | €2,310 | |
| Current assets29/58 | €107,124 | |
| Stocks and contracts in progress3 | €4,105 | |
| Stocks30/36 | €4,105 | |
| Amounts receivable within one year40/41 | €11,135 | |
| Trade receivables40 | €4,904 | |
| Other amounts receivable41 | €6,232 | |
| Cash at bank and in hand54/58 | €90,524 | |
| Deferred charges and accrued income490/1 | €1,359 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €215,049 | |
| Equity10/15 | €59,005 | |
| Contributions10/11 | €3,000 | |
| Reserves13 | €56,000 | |
| Distributable reserves133 | €56,000 | |
| Profit (loss) carried forward14 | €5 | |
| Amounts payable17/49 | €156,044 | |
| Amounts payable after more than one year17 | €88,200 | |
| Financial debts170/4 | €88,200 | |
| Amounts payable within one year42/48 | €67,844 | |
| Current portion of amounts payable after more than one year42 | €15,745 | |
| Trade debts44 | €29,295 | |
| Suppliers440/4 | €29,295 | |
| Taxes, remuneration and social security45 | €22,804 | |
| Taxes450/3 | €17,113 | |
| Remuneration and social security454/9 | €5,691 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €56,005 |
| + Depreciation and write-downs630 | €30,497 |
| Operating cash flow (approximation) | €86,501 |
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
2026
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 2 establishment units since 2024
Ground area
223 m²
Building footprint
219 m²
Volume, LiDAR
2,448 m³
2 parcels, Flanders · tallest building 19.4 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
KingRibs Berchem
since 20242.365.583.540
Sint-Pietersplein 44, 9000 Gent
since 20262.392.426.608
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11302A0043/00R000 | Flanders | 136 m² | 1 · 131 m² | 11.6 m · 3 fl. |
| 44805E0469/54C002 | Flanders | 88 m² | 1 · 88 m² | 19.4 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesAntwerpen2.365.583.540
Gent2.392.426.608
Similar companies · same sector, comparable size
HELLO MEAT
BE 0667.726.026
Merchtem · Eq €59,024
Leanto
BE 0787.464.113
Leuven · Eq €59,092
Chou & Tournesol
BE 0462.043.959
Schaarbeek · Eq €58,901
ZHEN
BE 0767.669.480
Sambreville · Eq €59,111
TRAITEUR TOM
BE 0810.250.896
Koekelare · Eq €58,896
Of 7,501 companies in sector 56210 we hold annual accounts for 2,448. 2,059 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-10-2024
Fiscal year end31-12
Activities, NACEBEL 2025
56210Event catering
56112Limited-service restaurants, excluding mobile food services
Contact
E-mail
berchemkingribs@gmail.com
Scores and ratios are computed by Checked and are not a credit decision.