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M&F Group Services

Active
Private limited companyfounded 2017active for 9 yearsOudesmidsestraat 20, 1700 Dilbeek, BelgiumKBO/BCE: BE 0672.970.459
Summary

The computed 12-month bankruptcy probability of M&F Group Services is 4.5% (elevated). The 2024 annual accounts show equity of €93,089 and a net result of €5,091. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 49% of 5,848 sector peers (NACE 81, financial year 2024). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 23-03-2017 Normal situation
Registered office
497 active companies are registered at this address 87 started in the 12 months before. Source: KBO register, as of 2 November 2026.
Activity
General cleaning of buildings NACE 81210and 8 others
Establishment unit
2.262.568.847 1050 Elsene, since 01-04-2017
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
  • AUGUSTIN MaricelaDirector

Financial position

39 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
4.5%
Annual accounts 2024
Gross margin
€21,552
▼ 50.0%
Turnover
≈ €170,000
estimated
Profit
€5,091
▼ 86.0%
Equity
€93,089
▲ 21.8%
Total assets
€233,056
▲ 122%
  • 2025 accounts not filed, 94 days past the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 27-09-2025)1 financial year not filed after the legal deadline; last filed accounts filed 58 days late; 3 of the last 3 accounts lateSector: Services to buildings and landscape activities (NACE 81)Liquidity: current ratio 1.41, cash €16,948Show the evidence

Checked score

Score 2024
39 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 44% of micro companies in building services and landscaping (NACE 81)
Financial strength · tick: 2023
Average
Solvency 65-33
equity 39.9% of total assets
Liquidity 32-22
short-term debt 52.6% · cash 7.3%
Profitability 71-29
return on assets 2.2%
Bankruptcy probability within 12 months
4.5% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (7,710 companies, NACE 81, micro)
Last 24 months 12-2024: 4.8% 01-2025: 6.8%▲ +2.0 percentage points vs 12-2024 02-2025: 6.8%● unchanged vs 01-2025 03-2025: 7.0%▲ +0.2 percentage points vs 02-2025highest value 04-2025: 3.9%▼ -3.1 percentage points vs 03-2025 05-2025: 3.5%▼ -0.4 percentage points vs 04-2025 06-2025: 3.3%▼ -0.2 percentage points vs 05-2025 07-2025: 3.3%● unchanged vs 06-2025 08-2025: 3.7%▲ +0.4 percentage points vs 07-2025 09-2025: 4.3%▲ +0.6 percentage points vs 08-2025 10-2025: 2.4%▼ -1.9 percentage points vs 09-2025 11-2025: 2.4%● unchanged vs 10-2025 12-2025: 2.4%● unchanged vs 11-2025 01-2026: 2.4%● unchanged vs 12-2025 02-2026: 2.4%● unchanged vs 01-2026 03-2026: 2.4%● unchanged vs 02-2026 04-2026: 2.4%● unchanged vs 03-2026 05-2026: 2.2%▼ -0.2 percentage points vs 04-2026 06-2026: 2.2%● unchanged vs 05-2026 07-2026: 2.1%▼ -0.1 percentage points vs 06-2026lowest value 08-2026: 2.7%▲ +0.6 percentage points vs 07-2026 09-2026: 3.0%▲ +0.3 percentage points vs 08-2026 10-2026: 4.5%▲ +1.5 percentage points vs 09-2026 11-2026: 4.5%● unchanged vs 10-2026
Credit of up to €3,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.41 (3.49 in 2023), below the usual 1.5. Short-term debt is 52.6% and cash 7.3% of total assets. 60.1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 (NACE 81, micro). It does better than 48% of them on solvency, 24% on liquidity, 40% on profitability and 66% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 27-09-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 58 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Sector: Services to buildings and landscape activities (NACE 81)
KBO
raises risk · Liquidity: current ratio 1.41, cash €16,948
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €93,089
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 94 days later.
NBB · 8 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline02-11-2026 today
raises risk · 2024 accounts filed 58 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-09-2025, 58 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 8 filings
Deviation from the deadline
2025
not filed
2024
58 days late
2023
224 days late
2022
32 days late
2021
91 days late
2020
45 days late
2019
25 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 79 days after the deadline. In the sector (NACE 81), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

  1. · Gazette deed Registered office moved from Brussel to Dilbeek
  2. · Gazette deed Incorporation
All 13 events

Comparable companies

These companies have the same main activity as M&F Group Services: general cleaning of buildings (NACE 81210). They are comparable in size and age: total assets between €205,000 and €351,000, founded between 2014 and 2018.

CompanyTotal assetsGross margin
M&F Group Services Dilbeek€233,056€21,552
Property Construction Services Dilbeek€315,362€24,532
I FAIR Dendermonde€280,879€22,815
SCHOONMAAK AAN ZEE Blankenberge€204,838€31,416
Facility Manager Pirrera Mons€250,325€15,643
A.D.N. & Co Vorst€316,429€29,632
VT PROJECTS Brugge€350,638€26,549
Full comparison

Key facts about M&F Group Services

What is the company number of M&F Group Services?
The company number of M&F Group Services is 0672.970.459. The VAT number is the same number with BE in front: BE 0672.970.459.
Where is M&F Group Services based?
The registered office is at Oudesmidsestraat 20, 1700 Dilbeek.Company details
What does M&F Group Services do?
According to the KBO register, the main activity is general cleaning of buildings (NACE 81210).
What is the legal form of M&F Group Services?
The legal form of M&F Group Services is Private limited company (BV).
When was M&F Group Services founded?
M&F Group Services was founded on 23-03-2017.
Is M&F Group Services still active?
Yes, M&F Group Services is an active enterprise in the KBO register.
What is the turnover of M&F Group Services?
The turnover in financial year 2024 is ≈ €170,000. This figure is estimated from the gross margin of €21,552 and 38 comparable companies (NACE 81210). It probably lies between €74,000 and €350,000. It is a rough estimate. In financial year 2022 turnover was €141,704.Financials
Is M&F Group Services profitable?
In financial year 2024, M&F Group Services made a profit of €5,091.
Where can I find the annual accounts of M&F Group Services?
M&F Group Services filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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