Financials
- Financial year
- 2025
- Total assets
- €5,450
- Loss
- -€13,478
- Solvency
- -312.2%
M & L
ActiveSummary
The computed 12-month bankruptcy probability of M & L is 2.5% (moderate). The 2025 annual accounts show negative equity (-€17,016) and a net result of -€13,478. Its solvency ranks better than 5% of 481 sector peers (NACE 95, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Washing and cleaning of motor vehicles
NACE 95316
1 site
Size
€5,450total assets 2025
- Equity
- -€17,016
- Loss
- -€13,478
Why 50raises risk1 change of registered office in 24 monthsNegative equity -€17,016lowers riskLiquidity: current ratio 0.20, cash €4,520Size: total assets €5,450Show the evidence
Checked score
Score 2025
50
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 19% of its sector peers (NACE 95, micro)
Financial strength
Weak
Solvency
0
equity -312.2% of total assets
Liquidity
50
short-term debt 412.2% · cash 82.9%
Profitability
0
return on assets -247.3%
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
03-2025: 1.8%lowest value
04-2025: 1.8%● unchanged vs 03-2025lowest value
05-2025: 1.9%▲ +0.1 percentage points vs 04-2025
06-2025: 2.2%▲ +0.3 percentage points vs 05-2025
07-2025: 2.3%▲ +0.1 percentage points vs 06-2025
08-2025: 2.6%▲ +0.3 percentage points vs 07-2025
09-2025: 2.6%● unchanged vs 08-2025
10-2025: 2.8%▲ +0.2 percentage points vs 09-2025
11-2025: 4.0%▲ +1.2 percentage points vs 10-2025
12-2025: 3.8%▼ -0.2 percentage points vs 11-2025
01-2026: 3.9%▲ +0.1 percentage points vs 12-2025
02-2026: 4.3%▲ +0.4 percentage points vs 01-2026
03-2026: 4.3%● unchanged vs 02-2026
04-2026: 4.3%● unchanged vs 03-2026
05-2026: 4.3%● unchanged vs 04-2026
06-2026: 4.3%● unchanged vs 05-2026
07-2026: 4.3%● unchanged vs 06-2026
08-2026: 7.3%▲ +3.0 percentage points vs 07-2026highest value
09-2026: 2.6%▼ -4.7 percentage points vs 08-2026
10-2026: 2.5%▼ -0.1 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.2, below 1; short-term debt: 412.2% and cash: 82.9% of total assets), and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 95, micro): better than 6% on solvency, 47% on liquidity and 5% on profitability.
The bankruptcy probability was computed on 27-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Seven signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2425
2024 to 2025 · latest year -€17,016
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
raises risk · 2025 accounts filed 7 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 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 · 2 filingsDeviation from the deadline
2025
7 days late
2024
67 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 37 days after the deadline; the sector median (NACE 95) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- Resignation: Sheikh Luqman Ahmad (director)Appointment: Bartos Ladislav (director) ·…
- Annual accounts filedfinancial year 2024 · abbreviated…
Key points
By topic
Board & ownership
- Board
- 1 member
- Bartos LadislavDirector
Network & group
- Connected companies
- 1
Timeline
- Events
- 5
- Since
- 2024
- Next accounts
- by 31-07-2027
- 05-08-2024Resignation: Maarij Waseem (director)
- 01-03-2024Incorporation
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Washing and cleaning of motor vehiclesNACE 95316
- Founded
- 28-02-2024
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
Articles of association
- Provisions read
- 33
- Who signs
- Each director alone
- Annual meeting
- Last Thursday of June at 19:00
- Purpose
- “Het uitbaten van een carwash met alle bijhorende en aanverwante activiteiten in de meest…” (deed in Dutch)
- Statutory auditor
- No statutory auditor
Key facts about M & L
- What is the company number of M & L?
- 1006.525.448. In Belgium the VAT number is the company number with BE in front: BE 1006.525.448.
- Where is M & L based?
- The registered office is at Brusselstraat 51, 2018 Antwerpen.Company details
- What does M & L do?
- According to the KBO register, the main activity is washing and cleaning of motor vehicles (NACE 95316).
- What is the legal form of M & L?
- Private limited company (BV).
- When was M & L founded?
- On 28-02-2024.
- Is M & L still active?
- Yes, M & L is an active enterprise in the KBO register.
- What is the turnover of M & L?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is M & L profitable?
- In financial year 2025, M & L made a loss of €13,478.
- Where can I find the annual accounts of M & L?
- M & L filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of M & L due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to M & L
Comparable companies
- Alex en SBAntwerpen
- A.N.S. JotTurnhout
- A.S.C. Hand carwashAntwerpen
- ANAC CarwashAntwerpen
- ANDINAXSchoten
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