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M&P Location

Active
Private limited companyfounded 2005active for 21 yearsBarcène 4, 5590 Ciney, BelgiumKBO/BCE: BE 0877.020.451
Summary

M&P Location has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €141,524 and a net result of €47,766. Equity has been growing by about 23% per year since 2018. Its solvency ranks better than 29% of 1,139 sector peers (NACE 77, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 31-10-2005 Normal situation
Activity
Rental and leasing activities NACE 77223and 3 others
Joint committees
119 Paritair Comité voor de handel in voedingswaren
201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 2025
Establishment unit
2.150.713.890 1367 Ramillies, since 01-01-2006
Financial year end
31 December
Peppol
Reachable since 31-12-2025

Board and ownership

Board
  • BRASSERIE DELSART SA SADirector · since 13-04-2022
Shareholders

Financial position

84 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
€452,384
▲ 32.7%
Turnover
≈ €1.1m
estimated
Profit
€47,766
▲ 27.0%
Equity
€141,524
▲ 50.9%
Total assets
€854,508
▲ 15.3%
Employees on 31-12-2025
3
▲ 50.0%
  • 2025 accounts filed 28 days after the deadline
Filed on 28-08-2026
Score breakdownraises riskLiquidity: current ratio 0.99, cash €20,896, halvedEquity €141,524 (16.6% of total assets)lowers riskFounded in 2005Size: 2.9 FTE, total assets €854,508Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 55% of micro companies in rental and leasing (NACE 77)
Financial strength · tick: 2024
Average
Solvency 42+4
equity 16.6% of total assets
Liquidity 36-28
short-term debt 38.0% · cash 2.4%
Profitability 76+1
return on assets 5.6%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,169 companies, NACE 77, micro)
Last 24 months 12-2024: 0.6% 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.3%▼ -0.3 percentage points vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.2%▼ -0.1 percentage points vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026lowest value 06-2026: 0.3%▲ +0.1 percentage points vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 0.4%▼ -0.2 percentage points vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026
Credit of up to €11,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.99 (1.39 in 2024), below 1. Short-term debt is 38% and cash 2.4% of total assets. 83.4% 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 77, micro). It does better than 34% of them on solvency, 33% on liquidity, 65% on profitability and 86% on growth.

The bankruptcy probability was computed on 01-11-2026 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

Five signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 0.99, cash €20,896, halved
NBB · annual accounts
lowers risk · Founded in 2005
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Equity €141,524 (16.6% of total assets)
NBB · annual accounts
lowers risk · Size: 2.9 FTE, total assets €854,508
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 10 filings
Deviation from the deadline
2025
28 days late
2024
49 days early
2023
6 days late
2022
9 days late
2021
10 days late
2020
26 days late
2019
27 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 8 days after the deadline. In the sector (NACE 77), the median for financial year 2024 was 3 days before the deadline, and 39% 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. The company usually files around 9 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 7th largest company by total assets in Ciney, Administrative and support services…in the Checked rankings No. 7 View
  • Positive: 8 profitable years in a rowprofit 2025: €47,766 8 years View

Recent changes

  1. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as M&P Location: rental and leasing activities (NACE 77223). They are comparable in size and age: total assets between €641,000 and €977,000, founded between 1988 and 2013.

CompanyTotal assetsGross margin
M&P Location Ciney€854,508€452,384
LE PLAISIR DE RECEVOIR Pont-à-Celles€641,479€306,952
LE MASCARON Liège€977,256€567,930
RUDY'S PARTY SERVICE Bocholt€667,743€316,997
ALL - LOC Nivelles€920,444€693,828
GERLO Scherpenheuvel-Zichem€701,097€179,498
M-Services Brasschaat€884,444€364,625
Full comparison

Key facts about M&P Location

What is the company number of M&P Location?
The company number of M&P Location is 0877.020.451. The VAT number is the same number with BE in front: BE 0877.020.451.
Where is M&P Location based?
The registered office is at Barcène 4, 5590 Ciney.Company details
What does M&P Location do?
According to the KBO register, the main activity is rental and leasing activities (NACE 77223).
What is the legal form of M&P Location?
The legal form of M&P Location is Private limited company (BV).
When was M&P Location founded?
M&P Location was founded on 31-10-2005.
Is M&P Location still active?
Yes, M&P Location is an active enterprise in the KBO register.
How many employees does M&P Location have?
M&P Location had an average of 2.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does M&P Location fall under?
In its 2025 annual accounts, M&P Location states joint committees 119 (Paritair Comité voor de handel in voedingswaren) and 201 (Paritair Comité voor de zelfstandige kleinhandel).
What is the turnover of M&P Location?
The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €452,384 and 2,285 comparable companies of the same size. It probably lies between €640,000 and €1.8m. It is a rough estimate. In financial year 2022 turnover was €501,823.
Is M&P Location profitable?
In financial year 2025, M&P Location made a profit of €47,766.
Where can I find the annual accounts of M&P Location?
M&P Location filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of M&P Location due?
M&P Location must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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