M.S. chape
ActiveSummary
The computed 12-month bankruptcy probability of M.S. chape is 2.6% (moderate). The 2025 annual accounts show equity of €30k and a net result of €-26k. Equity is shrinking by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 9% of 7777 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
40
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability51▼-22
Solvency30▼-5
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity short (current ratio 0.85 against 0.85 in 2024; short-term debt: 56.1% and cash: 0.2% of total assets), and 94.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 2025Solvency, return and age of the figures
Solvency
5.3%
Return on assets
-4.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 7777 sector peers (2025).
NBB · sector comparisonPosition among 7777 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
on the day
2024
27 d early
2023
22 d early
2022
30 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€30k▼ 45.7%
2024 · €56k
2022: €39k
2023: €36k
2024: €56k
2022 → 2025
Total assets
€575k▲ 4.3%
2024 · €551k
2022: €102k
2023: €714k
2024: €551k
2022 → 2025
Net result
€-26k
2024 · €20k
2022: €37k
2023: €-3k
2024: €20k
2022 → 2025
Working capital
€-50k▼ 71.8%
2024 · €-29k
2022: €39k
2023: €-50k
2024: €-29k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€39k-€36k▼ 7.7%€56k▲ 55.7%€30k▼ 45.7%
Operating result€51k-€8k▼ 84.5%€41k▲ 415%€-8k
Net result€37k-€-3k€20k€-26k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €8k after €41k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €575k
Fixed assets
€302k ▼ 22.5%
Current assets
€273k ▲ 69.0%
Equity and liabilities €575k
Equity
€30k ▼ 45.7%
Debt
€545k ▲ 9.9%
Debt's share of the balance-sheet total rises from 89.9% to 94.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€80k▼
2024 · €129k
Cash flow
€62k▼
2024 · €108k
Current ratio
0.85▼
2024 · 0.85
Quick ratio
0.80▲
2024 · 0.75
Debt to equity
18.02▲
2024 · 8.89
ROE
-84.3%▼
2024 · 35.8%
ROA
-4.4%▼
2024 · 3.6%
Interest coverage
4.49▼
2024 · 6.49
Debt ≤ 1 year
€323k▲
2024 · €190k
Debt > 1 year
€222k▼
2024 · €305k
Income taxes
€50▼
2024 · €1k
Staff costs
€10k▼
2024 · €84k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€551k€575k▲
Fixed assets21/28€390k€302k▼
Tangible fixed assets22/27€390k€302k▼
Plant, machinery and equipment23€22k€16k▼
Furniture and vehicles24€101k€69k▼
Leasing and similar rights25€267k€217k▼
Current assets29/58€161k€273k▲
Stocks and contracts in progress3€19k€14k▼
Stocks30/36€19k€14k▼
Amounts receivable within one year40/41€134k€258k▲
Trade receivables40€95k€219k▲
Other amounts receivable41€39k€38k▼
Cash at bank and in hand54/58€9k€1k▼
Equity and liabilities
Total equity and liabilities10/49€551k€575k▲
Equity10/15€56k€30k▼
Contributions10/11€2k€2k=
Reserves13€54k€28k▼
Distributable reserves133€54k€28k▼
Amounts payable17/49€496k€545k▲
Amounts payable after more than one year17€305k€222k▼
Financial debts170/4€305k€222k▼
Amounts payable within one year42/48€190k€323k▲
Current portion of amounts payable after more than one year42€86k€107k▲
Trade debts44€87k€203k▲
Suppliers440/4€87k€203k▲
Taxes, remuneration and social security45€10k€10k▼
Taxes450/3€7k€6k▼
Remuneration and social security454/9€3k€3k▲
Other amounts payable47/48€7k€3k▼
Income statement
Code20242025
Remuneration, social security and pensions62€84k€10k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€88k€88k=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€2k-
Other operating charges640/8€11k€12k▲
Gross operating margin9900€226k€101k▼
Operating profit (loss)9901€41k€-8k▼
Financial income75/76B€22€119▲
Recurring financial income75€22€119▲
Financial charges65/66B€20k€18k▼
Recurring financial charges65€20k€18k▼
Profit (loss) for the period before taxes9903€21k€-25k▼
Income taxes67/77€1k€50▼
Profit (loss) for the period9904€20k€-26k▼
Profit (loss) for the period to be appropriated9905€20k€-26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€20k€-26k▼
Transfer from equity791/2-€26k
Transfer to equity691/2€20k-
To other reserves6921€20k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-26k ▼228%
Net result drops to €-26k, the lowest in the series.
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Beersel · 1 establishment unit since 2021
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.
Vaartweg 31651 BeerselGround area
2,141 m²
Building footprint
812 m²
Volume, LiDAR
7,059 m³
Parcel 23046C0259/00H002, Flanders · tallest building 9.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
M.S. CHAPE
since 20212.323.108.032
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23046C0259/00H002 | Flanders | 2,141 m² | 1 · 812 m² | 9.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 1,500 EUR awarded · 1,500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 1,500 EUR | 1,500 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
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Of 751 companies in sector 43422 we hold annual accounts for 424. 323 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-10-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43422Screed work
43230Insulation installation
43331Floor and wall tiling
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.