M.P.S.

Active

Private limited companyfounded 20214 yrs activeWuipelstraat 22, 9690 Kluisbergen, BelgiumKBO/BCE: BE 0779.470.719

Summary

The computed 12-month bankruptcy probability of M.P.S. is 2.1% (moderate). The 2024 annual accounts show equity of €34k and a net result of €741. Equity is growing by ~48.4% per year across the filed fiscal years. Its solvency ranks better than 28% of 26043 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2024

54 / 100

Fair

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability65▼-11

Solvency32▲+1

Growth78=

Track record94

Bankruptcy probability, 12 months

2.1% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1.5k at 30 days acceptable

Liquidity short (current ratio 0.46 against 0.22 in 2023; short-term debt: 15.1% and cash: 4.7% of total assets), and 93.2% of the assets are financed with debt.

How do we compute the score and the probability?

Credit check for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

6.8%

Return on assets

0.1%

Age of the figures

21 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

not confirmed

2024

44 d early

2023

36 d early

2022

29 d late

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€34k▲ 2.2%

2023 · €33k

2022: €2k 2023: €33k

2022 → 2024

Total assets

€500k▼ 10.3%

2023 · €557k

2022: €290k 2023: €557k

2022 → 2024

Net result

€741▼ 97.6%

2023 · €31k

2022: €-8k 2023: €31k

2022 → 2024

Working capital

€-41k▲ 74.7%

2023 · €-162k

2022: €-55k 2023: €-162k

2022 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Equity€2k-€33k▲ 1,736%€34k▲ 2.2%

Operating result€-2k-€42k€16k▼ 61.3%

Net result€-8k-€31k€741▼ 97.6%

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 61% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €500k

93.1%

Fixed assets €465k ▼ 9.1%

Current assets €35k ▼ 24.3%

Equity and liabilities €500k

93.2%

Equity €34k ▲ 2.2%

Debt €466k ▼ 11.1%

Debt's share of the balance-sheet total falls from 94.0% to 93.2%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€69k▼

2023 · €72k

Cash flow

€54k▼

2023 · €61k

Current ratio

0.46▲

2023 · 0.22

Quick ratio

0.40▲

2023 · 0.20

Debt to equity

13.70▼

2023 · 15.76

ROE

2.2%▼

2023 · 94.6%

ROA

0.1%▼

2023 · 5.6%

Interest coverage

5.58▼

2023 · 6.78

Debt ≤ 1 year

€76k▼

2023 · €208k

Debt > 1 year

€390k▲

2023 · €317k

Income taxes

€351▲

2023 · €62

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines

Balance sheet Code20232024

Assets

Total assets20/58€557k€500k▼

Fixed assets21/28€512k€465k▼

Tangible fixed assets22/27€512k€465k▼

Plant, machinery and equipment23€14k€9k▼

Furniture and vehicles24€497k€456k▼

Current assets29/58€46k€35k▼

Stocks and contracts in progress3€4k€4k▲

Stocks30/36€4k€4k▲

Amounts receivable within one year40/41€15k€5k▼

Trade receivables40€4k€5k▲

Other amounts receivable41€11k€0▼

Cash at bank and in hand54/58€27k€24k▼

Deferred charges and accrued income490/1-€2k

Equity and liabilities

Total equity and liabilities10/49€557k€500k▼

Equity10/15€33k€34k▲

Contributions10/11€10k€10k=

Reserves13€23k€24k▲

Distributable reserves133€23k€24k▲

Profit (loss) carried forward14€0-

Amounts payable17/49€524k€466k▼

Amounts payable after more than one year17€317k€390k▲

Financial debts170/4€317k€280k▼

Other amounts payable178/9-€110k

Amounts payable within one year42/48€208k€76k▼

Current portion of amounts payable after more than one year42€35k€36k▲

Trade debts44€18k€391▼

Suppliers440/4€18k€391▼

Taxes, remuneration and social security45€543€4k▲

Taxes450/3€543€4k▲

Other amounts payable47/48€154k€35k▼

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€53k▲

Other operating charges640/8€1k€2k▲

Gross operating margin9900€73k€71k▼

Operating profit (loss)9901€42k€16k▼

Financial income75/76B€73€4▼

Recurring financial income75€73€4▼

Financial charges65/66B€11k€15k▲

Recurring financial charges65€11k€12k▲

Non-recurring financial charges66B€0€3k▲

Profit (loss) for the period before taxes9903€32k€1k▼

Income taxes67/77€62€351▲

Profit (loss) for the period9904€31k€741▼

Profit (loss) for the period to be appropriated9905€31k€741▼

Appropriation of the result

Profit (loss) to be appropriated9906€23k€741▼

Profit (loss) brought forward from the previous period14P€-8k€0▲

Transfer to equity691/2€23k€741▼

To other reserves6921€23k€741▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 4Financial 1Filings 3

2025

17-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

25-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Back to profitnet €31k

Net result €31k after one loss-making year.

29-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 29 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, Kluisbergen · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Wuipelstraat 229690 Kluisbergen

Ground area

3,521 m²

Building footprint

227 m²

Volume, LiDAR

1,213 m³

Parcel 45043B0625/00D000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

M.P.S.

Wuipelstraat 22, 9690 KluisbergenWholesale trade

since 20212.326.718.214

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
45043B0625/00D000	Flanders	3,521 m²	1 · 227 m²	9.8 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 · 1 entry · 299 EUR awarded · 299 EUR paid

Year	Entries	awarded	paid
2022	1	299 EUR	299 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

1 entry · 299 EUR · 299 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site

Kluisbergen2.326.718.214

2 permissions

Toelating · Ambulante detailhandel · since 01-01-2022

Toelating · Ambulante viswinkel · since 01-01-2022

Similar companies · same sector, comparable size

SALMANE

BE 0683.591.068

Koekelberg · Eq €33,903

PASSION DU FRUIT

BE 1020.776.134

Farciennes · Eq €33,864

Les Jardins de Wépion

Of 3,827 companies in sector 47210 we hold annual accounts for 966. 773 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded29-12-2021

Fiscal year end31-12

Activities, NACEBEL 2025

47210Retail sale of fruit and vegetables

47120Other non-specialised retail sale

47230Retail trade

56210Event catering

Sources

Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.