The computed 12-month bankruptcy probability of M&S BOS is 21.8% (high). For M&S BOS, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€17,967) and a net result of -€32,529. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 6% of 5,330 sector peers (NACE 81, financial year 2023). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.
Signalsraises risk2 financial years not filed after the legal deadline; latest accounts 165 days late; 1 of the last 3 lateFigures for financial year 2023 (filed 19-01-2025)1 change of registered office in 24 monthsLoss of €32,529, the second in a row (financial year 2023)Two or more financial years not filedFiled more than 90 days lateShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Weak
Solvency0-51
equity -48.8% of total assets
Liquidity1-20
short-term debt 148.8% · cash 1.2%
Profitability0=
return on assets -88.4%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
21.8%High
0%0.5%1.5%4%10%≥ 25%
About 1 in 5 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.9% (7,674 companies, NACE 81, micro)
Last 24 months11-2024: 7.5%lowest value12-2024: 8.8%▲ +1.3 percentage points vs 11-202401-2025: 11.2%▲ +2.4 percentage points vs 12-202402-2025: 14.1%▲ +2.9 percentage points vs 01-202503-2025: 14.0%▼ -0.1 percentage points vs 02-202504-2025: 13.1%▼ -0.9 percentage points vs 03-202505-2025: 13.0%▼ -0.1 percentage points vs 04-202506-2025: 12.6%▼ -0.4 percentage points vs 05-202507-2025: 12.6%● unchanged vs 06-202508-2025: 13.7%▲ +1.1 percentage points vs 07-202509-2025: 14.2%▲ +0.5 percentage points vs 08-202510-2025: 17.3%▲ +3.1 percentage points vs 09-202511-2025: 16.5%▼ -0.8 percentage points vs 10-202512-2025: 18.5%▲ +2.0 percentage points vs 11-202501-2026: 23.1%▲ +4.6 percentage points vs 12-202502-2026: 23.1%● unchanged vs 01-202603-2026: 23.5%▲ +0.4 percentage points vs 02-2026highest value04-2026: 22.3%▼ -1.2 percentage points vs 03-202605-2026: 14.5%▼ -7.8 percentage points vs 04-202606-2026: 19.5%▲ +5.0 percentage points vs 05-202607-2026: 19.5%● unchanged vs 06-202608-2026: 21.8%▲ +2.3 percentage points vs 07-202609-2026: 21.8%● unchanged vs 08-202610-2026: 21.8%● unchanged vs 09-2026
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
31-12-2024 year end31-07-2025 deadline13-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 12-01-2025, 165 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 14 days after the deadline; the sector median (NACE 81) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
Resignation: Feim Ramadan (director)Appointment: Lucas Stefania Daiana (director)…
Annual accounts filedfinancial year 2023 · micro…
Weakest financial yearnet -€32,529
Key points
Risk: Accounts not fileddeadline was 31-07-2025439 days lateView
Risk: Negative equityfinancial year 2023: debts exceed assets-€17,967View
Caution: Among the weakest 5% on net resultsector median €8,005 · 5,317 companies-€32,529View
Caution: Board changedlatest change 11-05-2026 · 1 in office1 joined · 1 leftView
Caution: 2 loss-making years in a rowloss financial year 2023-€32,529View