Financials
- Fiscal year
- 2025
- Total assets
- €7.7m
- Profit
- €34,264
- Solvency
- 14.7%
Total assets▲ 10.9%
Net result
20182025
M+PIGS
ActiveSummary
M+PIGS has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €34,264. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 18% of 1861 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
What they do
Pig breeding farms
NACE 01461NACE 01231NACE 01300
#5 company by total assets in Lochristi, Agriculture, forestry and fishing sector1 site
How big
€7.7mtotal assets 2025
- Staff
- 4 FTE
- Equity
- €1.1m
- Profit
- €34,264
Turnover not published (abridged schema)
Who decides
- Holdings
- 1
Accounts on time0 of 4 deeds read
Why 82- Liquidity: current ratio 1.69, cash €73,725- Equity €1.1m (14.7% of total assets)+ Size: 4 FTE, total assets €7.7m+ Figures for FY 2025 (filed 06-05-2026)Show the evidence
Checked score
Score 2025
82
/ 100
Excellent
Probability in this band: under 0.55%
Better than 35% of its sector peers (NACE 01, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency
40-1
equity 14.7% of total assets
Liquidity
43+4
short-term debt 23.5% · cash 1.0%
Profitability
53-29
return on assets 0.4%
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
- Liquidity: current ratio 1.69, cash €73,725 raises the probability
- Equity €1.1m (14.7% of total assets) raises the probability
- Size: 4 FTE, total assets €7.7m lowers the probability for this profile
- Figures for FY 2025 (filed 06-05-2026) lowers the probability
Credit up to €90,000 at 30 days acceptable
Liquidity ample (current ratio 1.69 against 1.67 in 2024; short-term debt: 23.5% and cash: 1% of total assets), but 85.3% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 01, micro). Better than this share of them on solvency 28%, liquidity 39%, profitability 27%, growth against the median 46%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 1861 sector peers (2025).
NBB · sector comparisonPosition among 1861 sector peers
Solvency
better than 18%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
18192022232425
2018 to 2025 · latest year €1.1m
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
15 d late
2023
2 d early
2022
1 d early
2020
27 d late
2019
61 d late
2018
61 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 23 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 30 April (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close02-10-2026 today30-04-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Annual accounts filedfiscal year 2024 · abbreviated…
- Highest result since 2018net €730,645 ▲95%
Key points
By topic
Network & group
- Holdings
- 1
1 holding
Timeline
- Events
- 16
- Since
- 2016
- Next accounts
- by 30-04-2027
- 30-04-2026Annual accounts filed
- 15-05-2025Annual accounts filed
- 30-09-2024Highest result since 2018
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Pig breeding farmsNACE 01461
- Founded
- 28-12-1993
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
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