M&P Location
ActiveM&P Location has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €142k and a net result of €48k. Equity is growing by ~23.3% per year across the filed fiscal years. Its solvency ranks better than 28% of 908 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency22▼-6
Growth52=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity short (current ratio 0.99 against 1.39 in 2024), and 83.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
16.6%
Return on assets
5.6%
Age of the figures
9 mo
neutral · Filed after the deadline
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. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
49 d early
2023
6 d late
2022
9 d late
2021
10 d late
2020
26 d late
2019
27 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€502k▼ 85.8%
2021 · €3.54M
2018: €5.52M
2019: €5.57M
2020: €2.93M
2021: €3.54M
2018 → 2022
EBIT margin
0.9%▲ 0.9pp
2021 · 0.0%
2018: 0.0%
2019: 0.1%
2020: 0.1%
2021: 0.0%
2018 → 2022
Net result
€48k▲ 27.0%
2024 · €38k
2018: €24
2019: €2k
2020: €1k
2021: €4k
2022: €2k
2023: €18k
2024: €38k
2018 → 2025
Working capital
€-3k
2024 · €81k
2018: €25k
2019: €26k
2020: €28k
2021: €32k
2022: €-203k
2023: €-215k
2024: €81k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€3.54M-€502k▼ 85.8%
Equity€36k-€38k▲ 5.4%€56k▲ 48.0%€94k▲ 67.0%€142k▲ 50.9%
Operating result€545-€5k▲ 752%€27k▲ 479%€64k▲ 138%€84k▲ 31.5%
Net result€4k-€2k▼ 52.2%€18k▲ 840%€38k▲ 107%€48k▲ 27.0%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 31% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €855k
Fixed assets
€532k▲ 17.4%
Current assets
€323k▲ 12.0%
Equity and liabilities €855k
Equity
€142k▲ 50.9%
Debt
€713k▲ 10.1%
The debt ratio falls from 87.4% to 83.4%: equity grows faster than debt.
Key figures and ratios
EBITDA
€293k▲
2024 · €224k
Cash flow
€257k▲
2024 · €198k
Solvency
16.6%▲
2024 · 12.6%
Current ratio
0.99▼
2024 · 1.39
Quick ratio
0.99▼
2024 · 1.39
Debt / equity
5.04▼
2024 · 6.91
ROE
33.8%▼
2024 · 40.1%
ROA
5.6%▲
2024 · 5.1%
Interest coverage
14.59▲
2024 · 10.61
Debt
€713k▲
2024 · €648k
Debt ≤ 1 year
€325k▲
2024 · €207k
Debt > 1 year
€388k▼
2024 · €437k
Income taxes
€18k▲
2024 · €14k
Staff costs
€159k▲
2024 · €112k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€741k€855k▲
Fixed assets21/28€453k€532k▲
Tangible fixed assets22/27€449k€528k▲
Plant, machinery and equipment23€20k€61k▲
Furniture and vehicles24€373k€419k▲
Other tangible fixed assets26€56k€48k▼
Financial fixed assets28€4k€4k▲
Current assets29/58€288k€323k▲
Amounts receivable within one year40/41€140k€302k▲
Trade receivables40€131k€300k▲
Other amounts receivable41€9k€2k▼
Cash at bank and in hand54/58€147k€21k▼
Deferred charges and accrued income490/1€735€73▼
Equity and liabilities
Total equity and liabilities10/49€741k€855k▲
Equity10/15€94k€142k▲
Contributions10/11€6k€6k=
Reserves13€1k€1k=
Distributable reserves133€1k€1k=
Profit (loss) carried forward14€86k€134k▲
Amounts payable17/49€648k€713k▲
Amounts payable after more than one year17€437k€388k▼
Financial debts170/4€214k€149k▼
Other amounts payable178/9€223k€238k▲
Amounts payable within one year42/48€207k€325k▲
Current portion of amounts payable after more than one year42€82k€87k▲
Trade debts44€102k€200k▲
Suppliers440/4€102k€200k▲
Taxes, remuneration and social security45€23k€38k▲
Taxes450/3€8k€18k▲
Remuneration and social security454/9€15k€20k▲
Other amounts payable47/48-€32
Accrued charges and deferred income492/3€4k€323▼
Income statement
Code20242025
Remuneration, social security and pensions62€112k€159k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€160k€209k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-28k€-2k▲
Other operating charges640/8€33k€2k▼
Gross operating margin9900€341k€452k▲
Operating profit (loss)9901€64k€84k▲
Financial income75/76B€8k€2k▼
Recurring financial income75€8k€2k▼
Financial charges65/66B€21k€20k▼
Recurring financial charges65€21k€20k▼
Profit (loss) for the period before taxes9903€51k€66k▲
Income taxes67/77€14k€18k▲
Profit (loss) for the period9904€38k€48k▲
Profit (loss) for the period to be appropriated9905€38k€48k▲
Appropriation of the result
Profit (loss) to be appropriated9906€86k€134k▲
Profit (loss) brought forward from the previous period14P€48k€86k▲
Social balance
Average headcount (FTE)90872.32.9▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-12
Financial
Highest result since 2018net €48k ▲27%
Operating result €84k, net result €48k, both a record.
31-12
Financial
Equity above €100kEq €142k ▲50.9%
8 profitable years in a row build equity to €142k.
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Liquidity triplescurrent ratio 1.39
Current ratio from 0.45 to 1.39; short-term debt falls from €393k to €207k.
06-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 6 days late
2023
09-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 9 days late
2022
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 10 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 26 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 27 days late
2019
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ciney · 1 establishment unit since 2006
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Barcène 45590 CineyGround area
1.4 ha
Building footprint
2,239 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
M&P Location
since 20062.150.713.890
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91030D0205/00T000 | Wallonia | 1.2 ha | 1 · 1,686 m² | - |
| 25067A0342/00S000 | Wallonia | 1,839 m² | 1 · 553 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
DE SMET EVENTS
BE 0433.187.845
Geraardsbergen · Eq €141k
CHEZ SEB
BE 0631.845.528
Brunehaut · Eq €139k
HOLDING 42
BE 0846.544.635
Chimay · Eq €146k
DEN DORSTVLEGEL
BE 0471.593.016
Antwerpen · Eq €146k
VINE DEVOS
BE 0444.043.828
Torhout · Eq €137k
Of 1,505 companies in sector 47252 we hold annual accounts for 651. 511 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-10-2005
Fiscal year end31-12
Activities, NACEBEL
47252Retail sale of beverages, general range
77223Rental and leasing activities
46341Wholesale of wines and spirits
52250Logistics services
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.