Equity
€543,399 ▲ 87.6%
M.P.P. & S. has made a profit without a break since 2019.
M.P.P. & S.
Lifetime
20 annual accounts with figures on one time axis, 36 filings since 1990peak €147,354 (2020)
€132,557▼ 1.3%
lowest -€71,451 (2008)
€253,817▲ 468%
peak €543,399 (2025)
€543,399▲ 87.6%
€196,939▼ 42.4%
peak 2.8 FTE (2007)
-not published
Board5 names since 2019
-
Owners
Documentsfilings and deeds
29-08-202629 days late
2025abbreviated format
Result from €44,701 to €253,817Equity from €289,582 to €543,399Debts from €341,930 to €196,939Cash from €51,793 to €67,690
Key points
from the 2025 annual accountsResult
€253,817 ▲ 468%
The result rose in 2025 from €44,701 to €253,817.
Turnover
≈ €230,000 estimated
The abbreviated format states no turnover.
Liquidity
5.24 was 2.00 in 2024
Short-term debts fell from €221,930 to €117,404.
Filings
36 annual accounts since 1990
Ten of the last ten came late. The 2020 accounts came latest: 88 days after the end of the period.
Position in the sector
€253,817
Higher net result than 87% of companies in office administrative support. Sector median €20,941 · 2,831 companies.
Checked score
95
Excellent
Financially stronger than 60% of micro companies in office administrative support (NACE 82)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.4%▲ +0.2 percentage points vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.6%▲ +0.2 percentage points vs 09-2025highest value
11-2025: 0.2%▼ -0.4 percentage points vs 10-2025
12-2025: 0.2%● unchanged 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 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.4%▲ +0.2 percentage points vs 07-2026
09-2026: 0.1%▼ -0.3 percentage points vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 29 days late; 2 of the last 3 accounts late
lowers risk
Founded in 1990
Size: total assets €740,338
Equity €543,399 (73.4% of total assets)
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 82, micro). It does better than 74% of them on solvency, 52% on liquidity, 29% on profitability and 87% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 31,368 companies had the same profile as M.P.P. & S. has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of M.P.P. & S. itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for M.P.P. & S.. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.24 (2.0 in 2024), above the usual 1.5. Short-term debt is 15.9% and cash 9.1% of total assets. 26.6% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 29 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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 filingsDeviation from the deadline
2025
29 days late
2024
60 days late
2023
68 days late
2022
61 days late
2021
74 days late
2020
88 days late
2019
61 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 63 days after the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% 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 30 September (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0440168974
Reappointments: AnneMÜSCH (director) and CedricMÜSCH (ständigervertreterdergesellschaft)
Gazette deed
Merger: M.P.P.&S. takes over EURO FINANCE CONSULT
The company holds all the shares of EURO FINANCE CONSULT · Gazette deed
Merger proposal: M.P.P. & S. takes over EURO FINANCE CONSULT
ANDACE G.m.b.H. holds 2,500 shares · The company holds all the shares of EURO FINANCE CONSULT · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| M.P.P. & S. Saint-Vith | €740,338 | €132,557 | 73.4% | - |
| AROCONSULTING Liège | €875,320 | €147,587 | 77.5% | - |
| B & F Antwerp | €786,761 | €135,435 | 27.8% | - |
| I.C.S. BUROSERVICE Poperinge | €826,133 | €138,573 | 99.7% | 0.8 |
| IMMOVELP Tienen | €816,182 | €110,476 | 36.9% | - |
| SILUNA Lontzen | €840,112 | €139,311 | 58.9% | - |
| PLASTIC INDUSTRY Geer | €545,521 | €90,784 | 64.3% | - |
These companies have the same main activity as M.P.P. & S.: office administrative and support services (NACE 82100). They are comparable in size and age: total assets between €546,000 and €875,000, founded between 1986 and 1997.
Official details
Source: KBO- Status
- Active since 14-04-1990Normal situation
- Activity
- Office administrative and support servicesNACE 82100and 1 other
- Establishment units
- 2.048.048.4964780 Saint-Vith, since 27-04-1990
- 2.315.270.6304780 Saint-Vith, since 01-01-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 23-12-2025
Insights on M.P.P. & S.
M.P.P. & S. files the abbreviated format. That format states no turnover. The gross margin rose from €89,454 in 2006 to €132,557 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about M.P.P. & S.
- What is the company number of M.P.P. & S.?
- The company number of M.P.P. & S. is 0440.168.974. The VAT number is the same number with BE in front: BE 0440.168.974.
- Where is M.P.P. & S. based?
- The registered office is at Zur Kaiserbaracke,Recht 101, 4780 Saint-Vith.Company details
- What does M.P.P. & S. do?
- According to the KBO register, the main activity is office administrative and support services (NACE 82100).
- What is the legal form of M.P.P. & S.?
- M.P.P. & S. is a public limited company (NV).
- When was M.P.P. & S. founded?
- M.P.P. & S. was founded on 14-04-1990.
- Is M.P.P. & S. still active?
- Yes, M.P.P. & S. is an active enterprise in the KBO register.
- How many employees does M.P.P. & S. have?
- M.P.P. & S. had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of M.P.P. & S.?
- The turnover in financial year 2025 is ≈ €230,000. This figure is estimated from the gross margin of €132,557 and 58 comparable companies (NACE 82). It probably lies between €160,000 and €370,000.
- Is M.P.P. & S. profitable?
- In financial year 2025, M.P.P. & S. made a profit of €253,817.
- Where can I find the annual accounts of M.P.P. & S.?
- M.P.P. & S. filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of M.P.P. & S. due?
- M.P.P. & S. must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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