M.P.'S.
ActiveM.P.'S. has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €114k and a net result of €26k. Equity is growing by ~32.5% per year across the filed fiscal years. Its solvency ranks better than 26% of 36378 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency43▲+13
Growth78=
Stability100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.34 against 1.26 in 2023), and 75.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 43
Relative position
BE, all sectors
reference
Sector 43
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
not confirmed
2024
61 d late
2023
176 d late
2022
64 d late
2021
115 d late
2020
181 d late
2019
14 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€114k▲ 30.3%
2023 · €87k
2018: €-5k
2019: €22k
2020: €56k
2021: €73k
2022: €46k
2023: €87k
2018 → 2024
Total assets
€468k▲ 1.0%
2023 · €463k
2018: €56k
2019: €57k
2020: €316k
2021: €153k
2022: €143k
2023: €463k
2018 → 2024
Net result
€26k▼ 35.3%
2023 · €41k
2018: €-19k
2019: €27k
2020: €35k
2021: €17k
2022: €-27k
2023: €41k
2018 → 2024
Working capital
€107k▲ 25.7%
2023 · €85k
2018: €-18k
2019: €11k
2020: €43k
2021: €52k
2022: €43k
2023: €85k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€56k-€73k▲ 29.9%€46k▼ 36.8%€87k▲ 88.3%€114k▲ 30.3%
Operating result€49k-€25k▼ 50.0%€-26k€60k€34k▼ 42.7%
Net result€35k-€17k▼ 51.2%€-27k€41k€26k▼ 35.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 43% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €468k
Fixed assets
€47k▼ 5.7%
Current assets
€421k▲ 1.8%
Equity and liabilities €468k
Equity
€114k▲ 30.3%
Debt
€354k▼ 5.9%
The debt ratio falls from 81.2% to 75.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€43k▼
2023 · €70k
Cash flow
€36k▼
2023 · €51k
Solvency
24.3%▲
2023 · 18.8%
Current ratio
1.34▲
2023 · 1.26
Quick ratio
0.47▲
2023 · 0.24
Debt / equity
3.11▼
2023 · 4.31
ROE
23.3%▼
2023 · 46.9%
ROA
5.7%▼
2023 · 8.8%
Interest coverage
22.15▼
2023 · 26.45
Debt
€354k▼
2023 · €376k
Debt ≤ 1 year
€314k▼
2023 · €329k
Debt > 1 year
€40k▼
2023 · €46k
Income taxes
€7k▼
2023 · €17k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€463k€468k▲
Fixed assets21/28€50k€47k▼
Tangible fixed assets22/27€50k€47k▼
Land and buildings22€32k€30k▼
Plant, machinery and equipment23€2k€4k▲
Furniture and vehicles24€3k€3k▼
Leasing and similar rights25€12k€8k▼
Other tangible fixed assets26-€2k
Current assets29/58€413k€421k▲
Stocks and contracts in progress3€336k€274k▼
Stocks30/36€336k€274k▼
Amounts receivable within one year40/41€46k€119k▲
Trade receivables40€19k€75k▲
Other amounts receivable41€27k€44k▲
Current investments50/53€30k-
Cash at bank and in hand54/58-€24k
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€463k€468k▲
Equity10/15€87k€114k▲
Contributions10/11€19k€19k=
Reserves13€50k€77k▲
Tax-exempt reserves132€7k€7k=
Distributable reserves133€43k€69k▲
Profit (loss) carried forward14€19k€19k=
Amounts payable17/49€376k€354k▼
Amounts payable after more than one year17€46k€40k▼
Financial debts170/4€46k€38k▼
Other amounts payable178/9-€1k
Amounts payable within one year42/48€329k€314k▼
Current portion of amounts payable after more than one year42€288k€245k▼
Financial debts43€768€221▼
Credit institutions430/8€768€221▼
Trade debts44€11k€26k▲
Suppliers440/4€11k€26k▲
Taxes, remuneration and social security45€21k€43k▲
Taxes450/3€21k€43k▲
Other amounts payable47/48€8k-
Accrued charges and deferred income492/3€1k€134▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€9k▼
Other operating charges640/8€14k€31k▲
Gross operating margin9900€84k€75k▼
Operating profit (loss)9901€60k€34k▼
Financial income75/76B€828€2k▲
Recurring financial income75€828€2k▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€58k€34k▼
Income taxes67/77€17k€7k▼
Profit (loss) for the period9904€41k€26k▼
Profit (loss) for the period to be appropriated9905€41k€26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€59k€45k▼
Profit (loss) brought forward from the previous period14P€19k€19k=
Transfer to equity691/2€41k€26k▼
To other reserves6921€41k€26k▼
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
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
23-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 176 days late
2024
31-12
Financial
Equity above €100kEq €114k ▲30.3%
2 profitable years in a row build equity to €114k.
2023
31-12
Financial
Back to profitnet €41k
Net result €41k after one loss-making year.
03-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 64 days late
2022
31-12
Financial
Weakest financial yearnet €-27k ▼260%
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
23-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 115 days late
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 181 days late
2020
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
2019
31-12
Financial
Back to profitnet €27k
Net result €27k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 1.53
Current ratio from 0.52 to 1.53; short-term debt falls from €37k to €21k.
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 56 days late
2017
13-11
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 105 days late
2016
05-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 66 days late
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, Vorst · 1 establishment unit since 1999
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.
Georges Leclercqstraat 881190 VorstGround area
626 m²
Building footprint
269 m²
Volume, LiDAR
2,953 m³
2 parcels, Brussels · tallest building 17.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
M.P.'S
since 19992.091.276.943
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21562A0342/00E013 | Brussels | 462 m² | 1 · 204 m² | 17.9 m · 4 fl. |
| 21007A0062/00L030 | Brussels | 164 m² | 1 · 66 m² | 15.7 m · 5 fl. |
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
SANTOU CABLAGES
BE 0894.473.325
Braine-l'Alleud · Eq €114k
BM Technology
BE 0791.302.739
Hechtel-Eksel · Eq €114k
ELECTRO-VAUDREE
BE 0438.680.916
Beyne-Heusay · Eq €114k
SAMITEC BELGIUM
BE 0756.529.229
Brussel · Eq €114k
HUSSAR
BE 0762.729.014
Lasne · Eq €114k
Of 22,740 companies in sector 43211 we hold annual accounts for 10,275. 8,723 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-12-1998
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
43310Plastering work
43320Joinery installation
43331Floor and wall tiling
45421
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.