M&L COMPANY
The computed 12-month bankruptcy probability of M&L COMPANY is 4.1% (elevated). The 2023 annual accounts show negative equity (€-1k) and a net result of €-6k. Equity is shrinking by ~28.1% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-1k |
| Net result | €-6k |
| Staff (FTE) | 0.3 |
| Active | 6 yrs |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Show 9 other metrics
| Fiscal year | 2023 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €22k |
| Net profit | €-6k |
| Cash flow | €21k |
| Staff costs | €24k |
| Income taxes | - |
| Dividends | - |
| Total assets | €364k |
| Equity | €-1k |
| Debt | €365k |
| of which ≤ 1y | €365k |
| of which > 1y | - |
| Working capital | €-130k |
| Employees (FTE) | 0.3 |
| 2023 | |
|---|---|
| Current ratio | 0.65 |
| Quick ratio | 0.65 |
| Working capital ratio | -35.6% |
| Solvency | -0.4% |
| Debt / equity | -252.50 |
| Long-term debt ratio | - |
| Interest coverage | 53.89 |
| Gross margin | - |
| Net margin | - |
| ROA | -1.8% |
| ROE | 441.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (21 line items)
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €364k |
| Fixed assets | 21/28 | €128k |
| Tangible fixed assets | 22/27 | €128k |
| Financial fixed assets | 28 | €193 |
| Current assets | 29/58 | €236k |
| Amounts receivable within one year | 40/41 | €208k |
| Cash & bank | 54/58 | €20k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €364k |
| Equity | 10/15 | €-1k |
| Contributions / capital | 10/11 | €19k |
| Accumulated profits (losses) | 14 | €-20k |
| Amounts payable | 17/49 | €365k |
| Amounts payable within one year | 42/48 | €365k |
| Trade debts payable within one year | 44 | €316k |
| Income statement | ||
| Gross operating margin | 9900 | €48k |
| Operating result | 9901 | €-6k |
| Financial income | 75 | €2 |
| Financial charges | 65 | €406 |
| Result before taxes | 9903 | €-6k |
| Net result for the period | 9904 | €-6k |
| Result to be appropriated | 9905 | €-6k |
| NACE primary | Algemene bouw van residentiële gebouwen(41001) |
| Legal form | Private limited company(610) |
| Incorporation | 30-07-2020 |
| Status | Active |
| Postal code | 1702 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23026A0154/00H000 | Flanders | 7,689 m² | - | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
17-01-2024 Registered office moved from Dilbeek to Groot-Bijgaarden
- 1702 Dilbeek, Alfons Gossetlaan, 40 → 1702 Groot-Bijgaarden, Alfons Gossetlaan 44, Bus J
Technical details
{
"events": [
{
"kind": "zetel_clause_amendment_no_move",
"seat_type": "siege_social",
"new_address": {
"raw": "1702 Groot-Bijgaarden, Alfons Gossetlaan 44, Bus J",
"city": "Groot-Bijgaarden",
"region": "vlaams_gewest",
"street": "Alfons Gossetlaan",
"country": "BE",
"postcode": "1702",
"box_number": "J",
"street_number": "44",
"locality_suffix": null
},
"old_address": {
"raw": "1702 Dilbeek, Alfons Gossetlaan, 40",
"city": "Dilbeek",
"region": "vlaams_gewest",
"street": "Alfons Gossetlaan",
"country": "BE",
"postcode": "1702",
"box_number": null,
"street_number": "40",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "Het juiste adres is niet 1702 Dilbeek, Alfons Gossetlaan, 40, maar 1702 Groot-Bijgaarden, Alfons Gossetlaan 44, Bus J.",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "act_body",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": null,
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-01-17",
"filing_date": "2024-01-09",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "enig_aandeelhouder_schriftelijk",
"date": null,
"unanimous": null
},
"subject_company": {
"kbo": "0751.653.394",
"name_full": "M\u0026L COMPANY",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Khamkham Adil",
"org_rep_person_name": null,
"person_role_at_subject": "beheerder"
},
"co_filed_documents": []
}15-01-2024 Registered office moved from Grimbergen to Groot-Bijgaarden
- 1850 Grimbergen, Vaarstraat 170 → Alfons Gossetlaan 40-1702 Groot-Bijgaarden
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Alfons Gossetlaan 40-1702 Groot-Bijgaarden",
"city": "Groot-Bijgaarden",
"region": "vlaams_gewest",
"street": "Alfons Gossetlaan",
"country": "BE",
"postcode": "1702",
"box_number": "1702",
"street_number": "40",
"locality_suffix": "(G-B)"
},
"old_address": {
"raw": "1850 Grimbergen, Vaarstraat 170",
"city": "Grimbergen",
"region": "vlaams_gewest",
"street": "Vaarstraat",
"country": "BE",
"postcode": "1850",
"box_number": null,
"street_number": "170",
"locality_suffix": null
},
"effective_date": "2024-01-01",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-01-15",
"filing_date": "2024-01-05",
"act_kind_objet": "Overplaatsing van de maatschappelijke zetel."
},
"decision": {
"body": "algemene_vergadering",
"date": "2023-12-31",
"unanimous": true
},
"subject_company": {
"kbo": "0751.653.394",
"name_full": "M\u0026L COMPANY",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Adil Khamkham",
"org_rep_person_name": null,
"person_role_at_subject": "voorzitter"
},
"co_filed_documents": []
}01-08-2023 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "share_transfer",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"subscribers": [
{
"kbo": null,
"rrn": null,
"kind": "person",
"name": "Thiago BARROS GIRO",
"share_class": null,
"liberation_pct": null,
"contribution_kind": null,
"n_shares_subscribed": null,
"contribution_amount_eur": null
},
{
"kbo": null,
"rrn": null,
"kind": "person",
"name": "Marwan EL OUARDANI",
"share_class": null,
"liberation_pct": null,
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"n_shares_subscribed": null,
"contribution_amount_eur": null
},
{
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"n_shares_subscribed": null,
"contribution_amount_eur": null
},
{
"kbo": null,
"rrn": null,
"kind": "person",
"name": "Mohamed ANTAR",
"share_class": null,
"liberation_pct": null,
"contribution_kind": null,
"n_shares_subscribed": 1,
"contribution_amount_eur": null
}
],
"decrease_purpose": null,
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Brussel",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-08-01",
"filing_date": "2023-07-24",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2023-07-24",
"unanimous": true,
"under_authorized_capital": false,
"underlying_resolution_date": "2021-07-01"
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0751.653.394",
"name_full": "M\u0026L COMPANY",
"legal_form": "B.V.",
"is_foreign_registered": false
},
"publication_proxy": {
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"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [],
"shareholders_after": [
{
"kbo": null,
"pct": null,
"kind": "person",
"name": "Adil KHAMKHAM",
"role": "aandeelhouder",
"n_shares": 89,
"share_class": null
},
{
"kbo": null,
"pct": null,
"kind": "person",
"name": "Omar BEN CHEKROUN",
"role": "aandeelhouder",
"n_shares": 10,
"share_class": null
},
{
"kbo": null,
"pct": null,
"kind": "person",
"name": "Mohamed ANTAR",
"role": "aandeelhouder",
"n_shares": 1,
"share_class": null
}
],
"share_classes_after": []
}| Legal nameNL | M&L COMPANY |