Equity
€546,787 ▲ 4.6%
M & S has made a profit without a break since 2015.
M & S
Lifetime
20 annual accounts with figures on one time axis, 45 filings since 1981peak €97,635 (2019)
€96,557▲ 14.4%
lowest -€21,679 (2010)
€23,913▲ 35.9%
peak €546,787 (2025)
€546,787▲ 4.6%
€667,820▲ 1.5%
Board3 names since 2021
3 directors and 2 others
Documentsfilings and deeds
09-06-202652 days before the deadline
2025micro format
Gross margin from €84,400 to €96,557Result from €17,598 to €23,913Cash from €318,539 to €128,559
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 14,766 companies had the same profile as M & S has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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 14,766 companies, not a prediction for M & 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
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Signals
Board and ownership
Managing director
Director, since 08-05-2021
Director, since 08-05-2021
Recent changes
3 directors reappointed
(managing director and chair of the board), and · General meeting of 08-05-2021 · Gazette deed
First establishment
M&S, Stationsstraat 30, Waregem
Official details
Source: KBO- Status
- Active since 10-12-1980Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.120.195.7128790 Waregem, since 30-12-1980
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- €1.2m▲ 2.8%
- Filing
- Filed on 09-06-2026, 52 days before the end of the filing period
Insights on M & S
M & S files the micro format. That format states no turnover. The gross margin rose from €12,454 in 2006 to €96,557 in 2025.
The balance sheet grew most from 2009 to 2011 through fixed assets.
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 & S
- What is the company number of M & S?
- The company number of M & S is 0421.096.497. The VAT number is the same number with BE in front: BE 0421.096.497.
- Where is M & S based?
- The registered office is at Stationsstraat 30, 8790 Waregem.Company details
- What is the legal form of M & S?
- M & S is a public limited company (NV).
- When was M & S founded?
- M & S was founded on 10-12-1980.
- Is M & S still active?
- Yes, M & S is an active enterprise in the KBO register.
- What is the turnover of M & S?
- The turnover in financial year 2025 is ≈ €290,000. This figure is estimated from the gross margin of €96,557 and 2,667 comparable companies of the same size. It probably lies between €190,000 and €500,000. It is a rough estimate.Financials
- Is M & S profitable?
- In financial year 2025, M & S made a profit of €23,913.
- Where can I find the annual accounts of M & S?
- M & S filed 45 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of M & S due?
- M & S must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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