M.ENGINEERING SOLUTIONS
ActiveSummary
The computed 12-month bankruptcy probability of M.ENGINEERING SOLUTIONS is 3.0% (moderate). The 2025 annual accounts show equity of €14k and a net result of €4k. Equity is growing by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 72% of 18400 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability90▲+20
Solvency86▲+28
Growth52=
Track record94
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 2.37 against 1.37 in 2024; short-term debt: 39.3% and cash: 74.6% of total assets), and 39.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
60.7%
Return on assets
17.3%
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 11-08-2026, 11 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 · 5 filingsDeviation from the deadline
2025
11 d late
2024
20 d late
2023
113 d late
2022
153 d late
2021
144 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€31k
EBIT margin
30.9%
Net result
€4k▲ 1,376%
2024 · €268
Working capital
€12k▲ 66.9%
2024 · €7k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€31k-
Operating result€10k-€10k▲ 6.2%€-6k€544€4k▲ 587%
Net result€7k-€7k▲ 7.6%€-6k€268€4k▲ 1,376%
EBIT margin30.9%-
Equity€9k-€16k▲ 85.0%€10k▼ 38.9%€10k▲ 2.8%€14k▲ 39.8%
Total assets€13k-€26k▲ 104%€18k▼ 30.7%€30k▲ 65.1%€23k▼ 24.0%
Debt€4k-€10k▲ 141%€9k▼ 18.5%€20k▲ 135%€9k▼ 55.4%
Working capital€2k-€10k▲ 434%€5k▼ 53.6%€7k▲ 58.1%€12k▲ 66.9%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 587% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €23k
Fixed assets
€2k ▼ 39.0%
Current assets
€21k ▼ 22.6%
Equity and liabilities €23k
Equity
€14k ▲ 39.8%
Debt
€9k ▼ 55.4%
Debt's share of the balance-sheet total falls from 67.0% to 39.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€5k▲
2024 · €4k
Cash flow
€5k▲
2024 · €4k
Current ratio
2.37▲
2024 · 1.37
Debt to equity
0.65▼
2024 · 2.03
ROE
28.5%▲
2024 · 2.7%
ROA
17.3%▲
2024 · 0.9%
Interest coverage
16.63▲
2024 · 15.46
Debt ≤ 1 year
€9k▼
2024 · €20k
Income taxes
€-500
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €31k | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €18k | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €4k | €4k | €4k | €989 | ▼ 73.5% |
| Other operating charges640/8 | €894 | €1k | €680 | €474 | €542 | ▲ 14.4% |
| Gross operating margin9900 | €13k | €15k | €-2k | €5k | €5k | ▲ 10.8% |
| Operating profit (loss)9901 | €10k | €10k | €-6k | €544 | €4k | ▲ 587% |
| Financial income75/76B | - | - | - | €0 | €0 | ▼ 91.5% |
| Recurring financial income75 | - | - | - | €0 | €0 | ▼ 91.5% |
| Financial charges65/66B | €7 | €249 | €266 | €277 | €284 | ▲ 2.7% |
| Recurring financial charges65 | €7 | €249 | €266 | €277 | €284 | ▲ 2.7% |
| Profit (loss) for the period before taxes9903 | €10k | €10k | €-6k | €268 | €3k | ▲ 1,189% |
| Income taxes67/77 | €3k | €3k | - | - | €-500 | - |
| Profit (loss) for the period9904 | €7k | €7k | €-6k | €268 | €4k | ▲ 1,376% |
| Profit (loss) for the period to be appropriated9905 | €7k | €7k | €-6k | €268 | €4k | ▲ 1,376% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €13k | €26k | €18k | €30k | €23k | ▼ 24.0% |
| Fixed assets21/28 | €7k | €6k | €5k | €3k | €2k | ▼ 39.0% |
| Tangible fixed assets22/27 | €7k | €6k | €5k | €3k | €2k | ▼ 39.0% |
| Plant, machinery and equipment23 | - | - | €2k | €2k | €1k | ▼ 33.3% |
| Furniture and vehicles24 | €7k | €6k | €3k | €858 | €429 | ▼ 50.0% |
| Current assets29/58 | €6k | €21k | €13k | €28k | €21k | ▼ 22.6% |
| Stocks and contracts in progress3 | - | €7k | - | €16k | - | - |
| Stocks30/36 | - | €7k | - | €16k | - | - |
| Amounts receivable within one year40/41 | €3k | €3k | €3k | €7k | €4k | ▼ 37.3% |
| Trade receivables40 | €2k | €137 | - | €3k | €4k | ▲ 44.1% |
| Other amounts receivable41 | €2k | €3k | €3k | €4k | €570 | ▼ 86.5% |
| Cash at bank and in hand54/58 | €3k | €11k | €10k | €4k | €17k | ▲ 290% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €13k | €26k | €18k | €30k | €23k | ▼ 24.0% |
| Equity10/15 | €9k | €16k | €10k | €10k | €14k | ▲ 39.8% |
| Contributions10/11 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves13 | €7k | €14k | €14k | €14k | €14k | = |
| Distributable reserves133 | €7k | €14k | €14k | €14k | €14k | = |
| Profit (loss) carried forward14 | - | - | €-6k | €-6k | €-2k | ▲ 67.4% |
| Amounts payable17/49 | €4k | €10k | €9k | €20k | €9k | ▼ 55.4% |
| Amounts payable within one year42/48 | €4k | €10k | €9k | €20k | €9k | ▼ 55.4% |
| Trade debts44 | €2k | €696 | €1k | €3k | €662 | ▼ 74.6% |
| Suppliers440/4 | €2k | €696 | €1k | €3k | €662 | ▼ 74.6% |
| Taxes, remuneration and social security45 | €3k | €5k | €3k | €500 | - | - |
| Taxes450/3 | €3k | €5k | €3k | €500 | - | - |
| Other amounts payable47/48 | - | €4k | €4k | €17k | €8k | ▼ 51.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7k | €7k | €-6k | €268 | €4k | ▲ 1,376% |
| + Depreciation and write-downs630 | €2k | €4k | €4k | €4k | €989 | ▼ 73.5% |
| Operating cash flow (approximation) | €9k | €11k | €-3k | €4k | €5k | ▲ 23.5% |
| Investment in fixed assets (approximation) | - | €-3k | €-3k | €-1k | €0 | ▲ 100% |
| Change in cash | - | €8k | €-11 | €-6k | €13k | ▲ 307% |
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
Next filing, fiscal year 2026, expected by
2026
11-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
31-12
Financial
Back to profitnet €268
Net result €268 after one loss-making year.
21-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 113 days late
2023
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
31-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 153 days late
2022
31-12
Financial
Highest result since 2021net €7k ▲7.6%
Operating result €10k, net result €7k, both a record.
22-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 144 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Anderlecht · 1 establishment unit since 2021
Ground area
142 m²
Building footprint
70 m²
Volume, LiDAR
611 m³
Parcel 21302A0142/02A002, Brussels · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
M.ENGINEERING SOLUTIONS
since 20212.314.526.797
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21302A0142/02A002 | Brussels | 142 m² | 1 · 70 m² | 11.9 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 10,665 companies in sector 47811 we hold annual accounts for 5,218. 2,357 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
Founded11-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46180Agents specialised in the wholesale of other particular products
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47820Retail sale of motor vehicle parts and accessories
49310Scheduled passenger transport by road
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
49390Land transport and transport via pipelines
49410Freight transport by road
53200Other postal and courier activities
71201Architectural and engineering activities; technical testing and analysis
Contact
E-mail
n.mounir@live.beAnderlecht
Scores and ratios are computed by Checked and are not a credit decision.