M&S ASSOCIES
The computed 12-month bankruptcy probability of M&S ASSOCIES is 0.9% (low). The 2024 annual accounts show equity of €382k and a net result of €262k. Its solvency ranks better than 51% of 4967 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €382k |
| Net result | €262k |
| Better than sector | 51% |
| Active | 3 yrs |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 18.3% | 16.7% | |
| Net result | €262k | €2k | |
| Equity | €382k | €27k | |
| Gross operating margin | €425k | €27k | |
| Total assets | €2.09M | €302k |
Show 9 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €416k |
| Net profit | €262k |
| Cash flow | €287k |
| Staff costs | - |
| Income taxes | €83k |
| Dividends | - |
| Total assets | €2.09M |
| Equity | €382k |
| Debt | €1.71M |
| of which ≤ 1y | €1.67M |
| of which > 1y | €39k |
| Working capital | €317k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.19 |
| Quick ratio | 0.20 |
| Working capital ratio | 15.2% |
| Solvency | 18.3% |
| Debt / equity | 4.47 |
| Long-term debt ratio | 0.10 |
| Interest coverage | 9.21 |
| Gross margin | - |
| Net margin | - |
| ROA | 12.5% |
| ROE | 68.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (23 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €2.09M |
| Fixed assets | 21/28 | €105k |
| Tangible fixed assets | 22/27 | €105k |
| Current assets | 29/58 | €1.99M |
| Stocks & contracts in progress | 3 | €1.65M |
| Amounts receivable within one year | 40/41 | €6k |
| Cash & bank | 54/58 | €27k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.09M |
| Equity | 10/15 | €382k |
| Contributions / capital | 10/11 | €40k |
| Accumulated profits (losses) | 14 | €342k |
| Amounts payable | 17/49 | €1.71M |
| Amounts payable after one year | 17 | €39k |
| Amounts payable within one year | 42/48 | €1.67M |
| Trade debts payable within one year | 44 | €22k |
| Income statement | ||
| Gross operating margin | 9900 | €425k |
| Operating result | 9901 | €390k |
| Financial income | 75 | €6 |
| Financial charges | 65 | €45k |
| Result before taxes | 9903 | €345k |
| Income taxes | 67/77 | €83k |
| Net result for the period | 9904 | €262k |
| Result to be appropriated | 9905 | €262k |
| NACE primary | Handel in eigen onroerend goed(68110) |
| Legal form | Private limited company(610) |
| Incorporation | 07-11-2022 |
| Status | Active |
| Postal code | 7500 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57081F0038/00E000 | Wallonia | 208 m² | 1 · 83 m² | 16.9 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
07-10-2025 Registered office moved within Tournai
- Avenue de Maire, 44 - 7500 Tournai → 7500 Tournai, Rue de l'Yser, 22
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "7500 Tournai, Rue de l\u0027Yser, 22",
"city": "Tournai",
"region": "waals_gewest",
"street": "Rue de l\u0027Yser",
"country": "BE",
"postcode": "7500",
"box_number": null,
"street_number": "22",
"locality_suffix": null
},
"old_address": {
"raw": "Avenue de Maire, 44 - 7500 Tournai",
"city": "Tournai",
"region": "waals_gewest",
"street": "Avenue de Maire",
"country": "BE",
"postcode": "7500",
"box_number": null,
"street_number": "44",
"locality_suffix": null
},
"effective_date": "2025-10-01",
"evidence_quote": "Les soussign\u00E9s, administrateurs de la soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e M\u0026S ASSOCIES ayant son si\u00E8ge social \u00E0 7500 Tournai, Avenue de Maire, 44, informent, en conformit\u00E9 avec les statuts et le Code des Soci\u00E9t\u00E9s. de leur d\u00E9cision de d\u00E9placer le si\u00E8ge social \u00E0 : 7500 Tournai, Rue de l\u0027Yser, 22",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "inferred",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2025-10-07",
"filing_date": "2025-09-08",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "conseil_d_administration",
"date": "2025-09-08",
"unanimous": null
},
"subject_company": {
"kbo": "0793.343.402",
"name_full": "M\u0026S ASSOCIES",
"legal_form": "SRL",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "ABATIS",
"person_name": "Pierre Renard",
"org_rep_person_name": "Pierre Renard",
"person_role_at_subject": "Mandataire"
},
"co_filed_documents": [
"Bijlage bij het Belgisch Staatsblad",
"Annexes du Moniteur belge"
]
}30-12-2024 Registered office moved within Tournai
- Chaussée de Frasnes 76-7540 Tournai → 7500 Tournai, Avenue de Maire, 44
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "7500 Tournai, Avenue de Maire, 44",
"city": "Tournai",
"region": "waals_gewest",
"street": "Avenue de Maire",
"country": "BE",
"postcode": "7500",
"box_number": null,
"street_number": "44",
"locality_suffix": null
},
"old_address": {
"raw": "Chauss\u00E9e de Frasnes 76-7540 Tournai",
"city": "Tournai",
"region": "waals_gewest",
"street": "Chauss\u00E9e de Frasnes",
"country": "BE",
"postcode": "7540",
"box_number": null,
"street_number": "76",
"locality_suffix": null
},
"effective_date": "2025-01-01",
"evidence_quote": "Les soussign\u00E9s, administrateurs de la soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e M\u0026S ASSOCIES ayant son si\u00E8ge social \u00E0 7540 Tournai, Chauss\u00E9e de Frasnes, 76, informent, en conformit\u00E9 avec les statuts et le Code des Soci\u00E9t\u00E9s, de leur d\u00E9cision de d\u00E9placer le si\u00E8ge social \u00E0: 7500 Tournai, Avenue de Maire, 44",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "act_body",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2024-12-30",
"filing_date": "2024-12-09",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "conseil_d_administration",
"date": "2024-12-09",
"unanimous": null
},
"subject_company": {
"kbo": "0793.343.402",
"name_full": "M\u0026S ASSOCIES",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "ABATIS",
"person_name": "Pierre Renard",
"org_rep_person_name": "Pierre Renard",
"person_role_at_subject": "Mandataire"
},
"co_filed_documents": []
}| Legal nameFR | M&S ASSOCIES |