Financials
- Financial year
- 2023
- Total assets
- €67,544
- Loss
- -€12,906
- Solvency
- 2.5%
Total assets▼ 17.8%
Net result
20202023
M & K S'
ActiveSummary
The computed 12-month bankruptcy probability of M & K S' is 12.3% (high). For M & K S', at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €1,704 and a net result of -€12,906. Equity is shrinking by about 22% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 24% of 1,895 sector peers (NACE 10, financial year 2023). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Manufacture of food products
NACE 10520Limited-service restaurants, excluding mobile food services NACE 56112
1 site
Size
€67,544total assets 2023
- Equity
- €1,704
- Loss
- -€12,906
Turnover not published (micro format)
Financial health
- Bankruptcy probabilitywithin 12 months
- 12.3%
2023 figures too old to score
Structure
2024 accounts not filed, 453 days past the deadline4 deeds in the Belgian Official Gazette
Signalsraises risk2 financial years not filed after the legal deadline; last filed accounts filed 58 days late; 3 of the last 3 lateFigures for financial year 2023 (filed 02-10-2024)No filing in 24 months (latest 02-10-2024)Sector: Manufacture of food products (NACE 10)Two or more financial years not filed2023 accounts filed 58 days lateShow the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Weak
Solvency
28-15
equity 2.5% of total assets
Liquidity
4-3
short-term debt 97.5% · cash 2.9%
Profitability
0-70
return on assets -19.1%
Bankruptcy probability, 12 months
12.3%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 6.1%
12-2024: 6.1%● unchanged vs 11-2024
01-2025: 6.0%▼ -0.1 percentage points vs 12-2024lowest value
02-2025: 6.0%● unchanged vs 01-2025
03-2025: 6.1%▲ +0.1 percentage points vs 02-2025
04-2025: 6.1%● unchanged vs 03-2025
05-2025: 6.2%▲ +0.1 percentage points vs 04-2025
06-2025: 6.0%▼ -0.2 percentage points vs 05-2025
07-2025: 6.0%● unchanged vs 06-2025
08-2025: 6.6%▲ +0.6 percentage points vs 07-2025
09-2025: 6.6%● unchanged vs 08-2025
10-2025: 7.0%▲ +0.4 percentage points vs 09-2025
11-2025: 7.0%● unchanged vs 10-2025
12-2025: 7.9%▲ +0.9 percentage points vs 11-2025
01-2026: 10.3%▲ +2.4 percentage points vs 12-2025
02-2026: 10.3%● unchanged vs 01-2026
03-2026: 10.5%▲ +0.2 percentage points vs 02-2026
04-2026: 9.8%▼ -0.7 percentage points vs 03-2026
05-2026: 9.8%● unchanged vs 04-2026
06-2026: 9.7%▼ -0.1 percentage points vs 05-2026
07-2026: 9.7%● unchanged vs 06-2026
08-2026: 11.6%▲ +1.9 percentage points vs 07-2026
09-2026: 11.6%● unchanged vs 08-2026
10-2026: 12.3%▲ +0.7 percentage points vs 09-2026highest value
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Six signals.
raises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filingsPosition against the passed deadline
31-12-2024 year end31-07-2025 deadline27-10-2026 today
raises risk · 2023 accounts filed 58 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 27-09-2024, 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 · 4 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
58 days late
2022
69 days late
2021
194 days late
2020
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 80 days after the deadline; the sector median (NACE 10) for financial year 2024 is 4 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2023 · micro…
- Weakest financial yearnet -€12,906
- Annual accounts filedfinancial year 2022 · micro…
Key points
By topic
Timeline
- Events
- 6
- Since
- 2021
- 10-02-2023Annual accounts filed
- 31-12-2022Back to profit
- 31-07-2021Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Manufacture of food productsNACE 10520
- Founded
- 28-02-2020
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about M & K S'
- What is the company number of M & K S'?
- 0744.588.232. In Belgium the VAT number is the company number with BE in front: BE 0744.588.232.
- Where is M & K S' based?
- The registered office is at Heirbrugstraat 301, 9160 Lokeren.Company details
- What does M & K S' do?
- According to the KBO register, the main activity is manufacture of food products (NACE 10520).
- What is the legal form of M & K S'?
- Private limited company (BV).
- When was M & K S' founded?
- On 28-02-2020.
- Is M & K S' still active?
- Yes, M & K S' is an active enterprise in the KBO register.
- What is the turnover of M & K S'?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is M & K S' profitable?
- In financial year 2023, M & K S' made a loss of €12,906.
- Where can I find the annual accounts of M & K S'?
- M & K S' filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2023.
Companies related to M & K S'
Comparable companies
- GLACES ALBERTCourcelles
- RSDS CONSTRUCTIONHerstal
- COROUGECharleroi
- Atelier SaborBrecht
- GLADOSaint-Nicolas
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.