M.P.-SERVICES
ActiveThe computed 12-month bankruptcy probability of M.P.-SERVICES is 3.1% (moderate). The 2024 annual accounts show equity of €6k and a net result of €-12k. Equity is shrinking by ~22.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 13% of 36376 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability8▲+8
Solvency10▼-12
Growth55▲+23
Stability100
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.7 against 0.52 in 2023), and 92% 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.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
raises risk · 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 2024Solvency, return and age of the figures
Solvency
8%
Return on assets
-15.3%
Age of the figures
20 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
2021222324
2020 to 2024 · latest year -€12k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 36376 sector peers (2024).
NBB · sector comparisonPosition among 36376 sector peers
Solvency
better than 13%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-12-2025, 124 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
124 d late
2023
22 d late
2022
31 d late
2021
31 d late
2020
90 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€667k▲ 51.3%
2020 · €441k
2020: €441k
2020 → 2024
EBIT margin
-1.3%▼ 8.3pp
2020 · 7.0%
2020: 7.0%
2020 → 2024
Net result
€-12k▲ 70.1%
2023 · €-39k
2020: €31k
2021: €2k
2022: €23k
2023: €-39k
2020 → 2024
Working capital
€-15k▼ 19.9%
2023 · €-13k
2020: €8k
2021: €11k
2022: €24k
2023: €-13k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€441k-€667k
Equity€32k-€34k▲ 6.6%€56k▲ 66.6%€18k▼ 68.7%€6k▼ 65.6%
Operating result€31k-€9k▼ 70.2%€25k▲ 178%€-31k€-9k▲ 71.9%
Net result€31k-€2k▼ 93.2%€23k▲ 977%€-39k€-12k▲ 70.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9k in 2024 against €31k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €76k
Fixed assets
€40k▼ 36.6%
Current assets
€36k▲ 156%
Equity and liabilities €76k
Equity
€6k▼ 65.6%
Debt
€70k▲ 17.9%
The debt ratio rises from 77.0% to 92.0%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€12k▲
2023 · €-9k
Cash flow
€9k▲
2023 · €-16k
Solvency
8.0%▼
2023 · 23.0%
Current ratio
0.70▲
2023 · 0.52
Quick ratio
0.70▲
2023 · 0.52
Debt / equity
11.49▲
2023 · 3.35
ROE
-190.9%▲
2023 · -219.4%
ROA
-15.3%▲
2023 · -50.4%
Interest coverage
4.16▲
2023 · -3.48
Debt
€70k▲
2023 · €59k
Debt ≤ 1 year
€51k▲
2023 · €27k
Debt > 1 year
€18k▼
2023 · €32k
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€77k€76k▼
Fixed assets21/28€63k€40k▼
Tangible fixed assets22/27€63k€38k▼
Furniture and vehicles24€63k€38k▼
Financial fixed assets28€250€2k▲
Current assets29/58€14k€36k▲
Amounts receivable within one year40/41€6k€33k▲
Trade receivables40€4k€31k▲
Other amounts receivable41€3k€2k▼
Cash at bank and in hand54/58€8k€3k▼
Equity and liabilities
Total equity and liabilities10/49€77k€76k▼
Equity10/15€18k€6k▼
Contributions10/11€1k€1k=
Profit (loss) carried forward14€17k€5k▼
Amounts payable17/49€59k€70k▲
Amounts payable after more than one year17€32k€18k▼
Financial debts170/4€32k€18k▼
Amounts payable within one year42/48€27k€51k▲
Current portion of amounts payable after more than one year42€17k€14k▼
Financial debts43-€37k
Credit institutions430/8-€37k
Trade debts44€7k€850▼
Suppliers440/4€7k€850▼
Other amounts payable47/48€2k-
Income statement
Code20232024
Turnover70-€667k
Non-recurring operating income76A-€2k
Goods, raw materials, services and sundry goods60/61-€654k
Remuneration, social security and pensions62€47k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€21k▼
Other operating charges640/8€8k€2k▼
Gross operating margin9900€47k€15k▼
Operating profit (loss)9901€-31k€-9k▲
Financial income75/76B€5-
Recurring financial income75€5-
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€-33k€-12k▲
Income taxes67/77€6k-
Profit (loss) for the period9904€-39k€-12k▲
Profit (loss) for the period to be appropriated9905€-39k€-12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€17k€5k▼
Profit (loss) brought forward from the previous period14P€55k€17k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 124 days late
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-12
Financial
Weakest financial yearnet €-39k ▼272%
Net result drops to €-39k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 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, Antwerpen · 1 establishment unit since 2019
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.
Meereigen 1462170 AntwerpenGround area
678 m²
Building footprint
316 m²
Volume, LiDAR
2,540 m³
2 parcels, Flanders · tallest building 13.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
M.P.-SERVICES
since 20192.289.330.355
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11342A0256/00L000 | Flanders | 379 m² | 1 · 193 m² | 13.8 m · 4 fl. |
| 11423B0365/00V004 | Flanders | 299 m² | 1 · 123 m² | 3.9 m · 1 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.
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YILMAZ CONSTRUCTIONS
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GROENVYNCK KENNY
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ECS-SECURITY
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Of 22,728 companies in sector 43211 we hold annual accounts for 10,270. 4,163 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-05-2019
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
43990Other specialised construction activities
43995Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.