M&A FUTURE GROUP
ActiveThe computed 12-month bankruptcy probability of M&A FUTURE GROUP is 4.5% (elevated). The 2024 annual accounts show equity of €5k and a net result of €-1k. Equity is shrinking by ~12.7% per year across the filed fiscal years. Its solvency ranks better than 43% of 6717 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
33
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability20▼-59
Solvency56▼-10
Growth32=
Track record94
Bankruptcy probability, 12 months
4.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.19 against 1.23 in 2023; short-term debt: 69.1% and cash: 1.8% of total assets), and 69.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
30.9%
Return on assets
-8.3%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
92 d late
2023
on the day
2022
114 d late
2021
65 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€5k▼ 21.2%
2023 · €6k
2021: €7k
2022: €5k
2023: €6k
2021 → 2024
Total assets
€15k▲ 3.4%
2023 · €15k
2021: €16k
2022: €27k
2023: €15k
2021 → 2024
Net result
€-1k
2023 · €1k
2021: €4k
2022: €-2k
2023: €1k
2021 → 2024
Working capital
€2k▼ 1.7%
2023 · €2k
2021: €7k
2022: €5k
2023: €2k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€7k-€5k▼ 32.7%€6k▲ 24.9%€5k▼ 21.2%
Operating result€4k-€-2k€1k€-860
Net result€4k-€-2k€1k€-1k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €860 after €1k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €15k
Fixed assets
€3k▼ 31.2%
Current assets
€13k▲ 16.0%
Equity and liabilities €15k
Equity
€5k▼ 21.2%
Debt
€11k▲ 20.1%
The debt ratio rises from 59.5% to 69.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€390▼
2023 · €2k
Cash flow
€-34▼
2023 · €2k
Solvency
30.9%▼
2023 · 40.5%
Current ratio
1.19▼
2023 · 1.23
Quick ratio
1.19▼
2023 · 1.23
Debt / equity
2.24▲
2023 · 1.47
ROE
-26.9%▼
2023 · 20.0%
ROA
-8.3%▼
2023 · 8.1%
Interest coverage
1.44▼
2023 · 11.95
Debt
€11k▲
2023 · €9k
Debt ≤ 1 year
€11k▲
2023 · €9k
Income taxes
€154
Staff costs
€2k▼
2023 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€15k€15k▲
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€4k€3k▼
Furniture and vehicles24€4k€3k▼
Financial fixed assets28€75€75=
Current assets29/58€11k€13k▲
Amounts receivable within one year40/41€6k€12k▲
Trade receivables40€5k€10k▲
Other amounts receivable41€1k€2k▲
Cash at bank and in hand54/58€5k€276▼
Deferred charges and accrued income490/1-€284
Equity and liabilities
Total equity and liabilities10/49€15k€15k▲
Equity10/15€6k€5k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€3k€2k▼
Amounts payable17/49€9k€11k▲
Amounts payable within one year42/48€9k€11k▲
Trade debts44€5k€3k▼
Suppliers440/4€5k€3k▼
Advances received on contracts in progress46-€3k
Taxes, remuneration and social security45€4k€5k▲
Taxes450/3€2k€2k▲
Remuneration and social security454/9€1k€2k▲
Income statement
Code20232024
Remuneration, social security and pensions62€11k€2k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▲
Other operating charges640/8€1k€370▼
Gross operating margin9900€14k€2k▼
Operating profit (loss)9901€1k€-860▼
Financial charges65/66B€208€271▲
Recurring financial charges65€208€271▲
Profit (loss) for the period before taxes9903€1k€-1k▼
Income taxes67/77-€154
Profit (loss) for the period9904€1k€-1k▼
Profit (loss) for the period to be appropriated9905€1k€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€2k▼
Profit (loss) brought forward from the previous period14P€2k€3k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
20-08
State Gazette act
Capital & shares · Resignations & appointmentsGeneral meeting · Director resignation · Share transfer4 facts ▸
State Gazette act
Capital & shares · Resignations & appointments
General meeting · Director resignation · Share transfer4 facts ▸
- General meeting, 2026-07-01
- Director resignation, IMANA ALI ANIS (bestuurder)
- Share transfer, IMANA ALI ANIS → FATHI THAER MOHAMMED
- Director appointment, FATHI THAER MOHAMMED (bestuurder)
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
22-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 114 days late
2022
31-12
Financial
Weakest financial yearnet €-2k ▼156%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
04-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 65 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 directors, no change since 2026
FATHI THAER MOHAMMED
CurrentDirector · since 01-07-2026
01-07-2026
FATHI THAER MOHAMMED: Appointed as Director
01-07-2026
IMANA ALI ANIS: Resigned as Director
31-12-2025
El Atrache Ibrahim: Resigned as Director
Location & real-estate footprint
Registered office, Sint-Pieters-Leeuw · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bergensesteenweg 423 A1600 Sint-Pieters-LeeuwGround area
1.3 ha
Building footprint
4,287 m²
Volume, LiDAR
15,558 m³
2 parcels, Flanders · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
M&A FUTURE GROUP
since 20212.315.057.428
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23582E0505/00E000 | Flanders | 8,312 m² | 1 · 1,971 m² | 9.7 m · 3 fl. |
| 23026A0132/00G006 | Flanders | 4,983 m² | 1 · 2,316 m² | - |
Linked by address, not proof of ownership
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.
Structure & network
Capital and shareholders
Transfer of shares from IMANA ALI ANIS to FATHI THAER MOHAMMED
From the act
“Hij verkocht alle aandelen aan de heer FATHI THAER MOHAMMED, DIE АССЕРТEERT.”
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ALKA TRANSPORT
BE 1005.580.390
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BEST TAXI
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TAXI AS
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Of 6,686 companies in sector 49330 we hold annual accounts for 2,295. 1,691 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-03-2021
Fiscal year end31-12
Activities, NACEBEL
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
77110Renting and leasing of cars and light motor vehicles
47811Retail sale of cars and light vans (up to 3.5 tonnes)
47820Retail sale of motor vehicle parts and accessories
49390Land transport and transport via pipelines
52210Service activities incidental to land transportation
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.